Home / Companies / Verizon Communications Inc. / 9 May 2024
Verizon Communications Inc.: meeting of 9 May 2024
Votes reported on Form N-PX, item by item
1,865 Form N-PX filers reported votes at the Verizon Communications Inc. meeting of 9 May 2024. Their records fall into 13 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
10 nominees; 95.6% of reported votes for; 50 filers withheld from or voted against at least one nominee.
11,928 vote records from 444 filers. 7 of the 437 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
3,722 vote records from 1,829 filers. 105 of the 1,727 filers that marked the item either way voted against management. 102 filers reported this item without a management mark.
6 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
1,193 vote records from 437 filers. 11 of the 430 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
187 vote records from 63 filers. 8 of the 63 filers that marked the item either way voted against management.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
131 vote records from 24 filers. 11 of the 18 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Commission Third Party Study on Impact of Prohibiting Direct and Indirect Political Contributions to...
1,091 vote records from 416 filers. 43 of the 413 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
OTHER SOCIAL ISSUESSecurity holder
Political expenditures misalignment
1,154 vote records from 414 filers. 89 of the 411 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
COMPENSATIONSecurity holder
Amend clawback policy
1,085 vote records from 414 filers. 205 of the 410 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
ENVIRONMENT OR CLIMATESecurity holder
Lead-sheathed cable report
1,083 vote records from 413 filers. 88 of the 410 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
OTHER SOCIAL ISSUESSecurity holder
Lobbying activities report
1,083 vote records from 413 filers. 193 of the 410 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
CORPORATE GOVERNANCESecurity holder
Independent Board chair
1,079 vote records from 407 filers. 238 of the 403 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
OTHER SOCIAL ISSUESSecurity holder
Civil liberties in digital services
1,015 vote records from 394 filers. 34 of the 390 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
Several categoriesSecurity holder
Shareholder proposals (not separable from the filings)
Filers described these proposals in wordings that could not be matched to one another, so they are shown together.
359 vote records from 23 filers. 7 of the 22 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 6. Proposal | 7. Proposal | 8. Proposal | 9. Proposal | 10. Proposal |
|---|---|---|---|---|---|---|---|---|
| Vanguard | For | For | For | Against | Against | Against | Against | Against |
| BlackRock and iShares | For | For | For | Against | Against | Against | Against | Against |
| Fidelity | For | For | For | Against | Against | Against | Against | Against |
| Dimensional | For | For | For | Against | Against | For * | Against | Against |
| State Street and SPDR | For | For | For | Against | Against | Against | Against | Against |
| American Century | For | Against * | For | Against | Against | For * | Against | Against |
| Franklin Templeton | For | For | For | Against | Against | Against | Against | Against |
| Invesco | For | For | For | Against | Against | For * | Against | Against |
| Equitable | For | For | For | Against | Against | For * | Against | For * |
| Charles Schwab | For | For | For | Against | Against | Against | Against | Against |
| Nuveen and TIAA | For | For | For | Against | Against | For * | Against | For * |
| ProShares and ProFunds | For | For | For | Against | Against | For * | Against | For * |
| John Hancock and Manulife | For | For | For | Against | For * | For * | For * | For * |
| Morgan Stanley, Eaton Vance and Calvert | For | For | For | Against | For * | For * | For * | For * |
| J.P. Morgan | For | Against * | For | Against | Against | Against | Against | Against |
| Goldman Sachs | For | For | For | Against | Against | Against | Against | Against |
| WisdomTree | For | For | For | Against | Against | Against | Against | Against |
| PGIM and Prudential | For | For | For | Against | Against | For * | Against | Against |
| Jackson National funds | For | For | For | Against | Against | Against | Against | Against |
| Northern Trust and FlexShares | For | For | For | Against | For * | Against | Against | For * |
| SEI | For | For | For | Against | Against | Against | Against | Against |
| T. Rowe Price | For | For | For | Against | Against | Against | Against | Against |
| Thrivent | For | For | For | Against | Against | For * | Against | Against |
| Lincoln Financial | For | For | For | Against | Against | Against | Against | Against |
| Voya | For | For | For | Against | Against | For * | Against | For * |
| First Trust | For | For | For | Against | Against | For * | Against | For * |
| Russell Investments | For | For | For | Against | Against | Against | Against | Against |
| Nationwide | For | For | For | Against | For * | For * | For * | For * |
| Victory Capital | For | For | For | Against | For * | For * | For * | For * |
| Brighthouse Funds | For | For | For | Against | Against | For * | Against | For * |
| Guggenheim and Rydex | For | For | For | Against | Against | For * | Against | For * |
| Columbia Threadneedle | For | For | For | Against | Against | Against | Against | Abstain or withhold * |
| BNY Mellon | For | For | For | Against | Against | For * | For * | Against |
| Principal | For | For | For | Against | Against | For * | For * | For * |
| Capital Group and American Funds | For | For | For | Against | Against | Against | Against | Against |
| Pacific Life funds | For | For | For | Against | Against | Against | Against | Against |
| Global X | For | For | For | No report | No report | No report | No report | No report |
| MFS | No report | For | No report | No report | No report | No report | No report | No report |
| Transamerica | For | For | For | Against | Against | Against | Against | Against |
| Federated Hermes | For | For | For | Against | Against | Against | Against | Against |
| AllianceBernstein | For | For | For | Against | Against | For * | Against | For * |
| Hartford Funds | For | For | For | Against | Against | Against | Against | Against |
| DWS | For | For | For | Against | Against | For * | For * | For * |
| PIMCO | For | For | Against * | Against | For * | For * | For * | For * |
| Allspring | For | For | For | Against | Against | For * | Against | For * |
| MassMutual | For | For | For | Against | Against | Against | Against | For * |
| Virtus | For | For | For | Against | Against | For * | Against | For * |
| VanEck | For | For | For | Against | Against | Against | Against | Against |
| Macquarie and Delaware Funds | For | For | For | Against | For * | Against | Against | Against |
| Janus Henderson | For | For | For | Against | Against | For * | Against | For * |
| Neuberger Berman | For | For | For | Against | Against | Against | Against | Against |
| American Beacon | For | For | For | Against | Against | For * | Against | Against |
| Natixis and Loomis Sayles | For | For | For | Against | Against | Against | Against | Against |
| Lord Abbett | No report | For | No report | No report | No report | No report | No report | No report |
| Cohen & Steers | No report | For | No report | No report | No report | No report | No report | No report |
| Dodge & Cox | No report | For | No report | No report | No report | No report | No report | No report |
| Harris Associates and Oakmark | No report | For | No report | No report | No report | No report | No report | No report |
| Baird | No report | For | No report | No report | No report | No report | No report | No report |
* 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 Verizon Communications Inc. meeting?
1,865 Form N-PX filers reported votes at the meeting of 9 May 2024. On say-on-pay, 105 of 1,727 voted against management (6.1%). 7 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 Verizon Communications 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 Verizon Communications Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Verizon Communications Inc. with a meeting date within three days of 9 May 2024. 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.