Home / Companies / The Boston Beer Company, Inc. / 14 May 2025
The Boston Beer Company, Inc.: meeting of 14 May 2025
Votes reported on Form N-PX, item by item
475 Form N-PX filers reported votes at the The Boston Beer Company, Inc. meeting of 14 May 2025. Their records fall into 2 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
3 nominees; 59.8% of reported votes for; 97 filers withheld from or voted against at least one nominee.
952 vote records from 137 filers. 50 of the 137 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
713 vote records from 472 filers. 38 of the 459 filers that marked the item either way voted against management. 13 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay |
|---|---|---|
| Vanguard | For | For |
| BlackRock and iShares | For | For |
| Fidelity | For | For |
| Dimensional | Abstain or withhold * | For |
| State Street and SPDR | For | For |
| American Century | Abstain or withhold * | For |
| Franklin Templeton | For | For |
| Invesco | For | For |
| Equitable | Abstain or withhold * | For |
| Charles Schwab | For | For |
| Nuveen and TIAA | For | For |
| ProShares and ProFunds | Abstain or withhold * | For |
| John Hancock and Manulife | Abstain or withhold * | For |
| Morgan Stanley, Eaton Vance and Calvert | Abstain or withhold * | For |
| J.P. Morgan | For | For |
| Goldman Sachs | For | For |
| WisdomTree | Abstain or withhold * | For |
| PGIM and Prudential | For | Against * |
| Jackson National funds | Abstain or withhold * | For |
| Northern Trust and FlexShares | For | For |
| SEI | For | For |
| T. Rowe Price | Abstain or withhold * | For |
| Thrivent | Abstain or withhold * | For |
| Lincoln Financial | For | For |
| Voya | For | For |
| First Trust | Abstain or withhold * | For |
| Nationwide | Abstain or withhold * | For |
| Victory Capital | Abstain or withhold * | For |
| Brighthouse Funds | Abstain or withhold * | For |
| Guggenheim and Rydex | Abstain or withhold * | For |
| Columbia Threadneedle | For | For |
| BNY Mellon | For | For |
| Principal | Abstain or withhold * | For |
| Pacific Life funds | For | For |
| Federated Hermes | For | For |
| AllianceBernstein | No report | For |
| DWS | Abstain or withhold * | For |
| PIMCO | Abstain or withhold * | For |
| Allspring | No report | For |
| MassMutual | Abstain or withhold * | For |
| Harbor Funds | For | For |
| Neuberger Berman | No report | For |
| Natixis and Loomis Sayles | Abstain or withhold * | For |
| Baird | No report | For |
* 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 The Boston Beer Company, Inc. meeting?
475 Form N-PX filers reported votes at the meeting of 14 May 2025. On say-on-pay, 38 of 459 voted against management (8.3%). 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 The Boston Beer Company, Inc. 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 The Boston Beer Company, Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing The Boston Beer Company, Inc. with a meeting date within three days of 14 May 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.