Home / Companies / Rinnai Corp. / 25 Jun 2025
Rinnai Corp.: meeting of 25 Jun 2025
Votes reported on Form N-PX, item by item
47 Form N-PX filers reported votes at the Rinnai Corp. meeting of 25 Jun 2025. Their records fall into 10 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
9 nominees; 99.8% of reported votes for; one filer withheld from or voted against at least one nominee.
661 vote records from 46 filers. 0 of the 46 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
1 vote records from 1 filers. 1 of the 1 filers that marked the item either way voted against management.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
6 vote records from 5 filers. 0 of the 5 filers that marked the item either way voted against management.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
64 vote records from 44 filers. 0 of the 44 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
45 vote records from 31 filers. 0 of the 31 filers that marked the item either way voted against management.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
5 vote records from 4 filers. No filer marked a management recommendation, so no against-management figure is reported. 4 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Amend Articles to Add Provision Concerning Management with Cost of Capital and Share Price Considered
72 vote records from 46 filers. 2 of the 46 filers that marked the item either way voted against management.
CORPORATE GOVERNANCESecurity holder
Amend Articles to Require Majority Outsider Board
72 vote records from 46 filers. 0 of the 46 filers that marked the item either way voted against management.
COMPENSATIONSecurity holder
Approve Restricted Stock Plan
72 vote records from 46 filers. 19 of the 46 filers that marked the item either way voted against management.
CAPITAL STRUCTURESecurity holder
Initiate Share Repurchase Program
72 vote records from 46 filers. 1 of the 46 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 7. Proposal | 8. Proposal | 9. Proposal | 10. Proposal |
|---|---|---|---|---|---|
| Vanguard | For | Against | Against | Against | Against |
| BlackRock and iShares | For | Against | Against | Against | Against |
| Fidelity | For | Against | Against | Against | Against |
| Dimensional | For | Against | Against | For * | Against |
| State Street and SPDR | For | Against | Against | Against | Against |
| American Century | For | Against | Against | For * | Against |
| Franklin Templeton | For | Against | Against | For * | Against |
| Invesco | For | Against | Against | For * | Against |
| Equitable | For | Against | Against | For * | Against |
| Charles Schwab | For | Against | Against | Against | Against |
| Nuveen and TIAA | For | Against | Against | Against | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | Against | Against | For * | Against |
| WisdomTree | For | Against | Against | For * | Against |
| Northern Trust and FlexShares | For | Against | Against | Against | Against |
| Lincoln Financial | For | Against | Against | For * | Against |
| Russell Investments | For | Against | Against | Against | Against |
| Victory Capital | For | Against | Against | Against | Against |
| BNY Mellon | For | Against | Against | For * | Against |
| Pacific Life funds | For | Against | Against | Against | Against |
| MFS | For | Against | Against | For * | Against |
| Hartford Funds | For | Against | Against | Against | Against |
| PIMCO | For | Against | Against | For * | Against |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Rinnai Corp. meeting?
47 Form N-PX filers reported votes at the meeting of 25 Jun 2025. On say-on-pay, 1 of 1 voted against management (100.0%). 4 proposals from security holders could be told apart in the filings. The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Rinnai Corp. on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Rinnai Corp.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Rinnai Corp. with a meeting date within three days of 25 Jun 2025. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.