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Home / Companies / Walmart Inc. / 5 Jun 2025

Meeting · year to 30 June 20252,012 filers reporting

Walmart Inc.: meeting of 5 Jun 2025

Votes reported on Form N-PX, item by item

2,012 Form N-PX filers reported votes at the Walmart Inc. meeting of 5 Jun 2025. Their records fall into 12 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

1

DIRECTOR ELECTIONSIssuer

Director elections

12 nominees; 95.5% of reported votes for; 75 filers withheld from or voted against at least one nominee.

16,282 vote records from 474 filers. 2 of the 468 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

97.7% for0.2% against2.1% other0.4% against management474 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

3,630 vote records from 1,980 filers. 138 of the 1,925 filers that marked the item either way voted against management. 55 filers reported this item without a management mark.

89.7% for6.7% against3.6% other7.2% against management1,980 filers93.8% for6.2% against0.1% other6.1% against management2,529,943,580 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

1,359 vote records from 469 filers. 12 of the 463 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

96.6% for2.3% against1.1% other2.6% against management469 filers99.8% for0.2% against0.0% other0.2% against management1,008,341,662 reported shares
4

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

1,445 vote records from 476 filers. 15 of the 470 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

95.8% for2.5% against1.7% other3.2% against management476 filers99.5% for0.4% against0.1% other0.4% against management1,018,655,075 reported shares, counted once per item in this group
5

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCESecurity holder

Health and Safety Governance

1,396 vote records from 449 filers. 87 of the 442 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.

17.4% for80.2% against2.4% other19.7% against management449 filers2.1% for97.7% against0.2% other2.4% against management1,005,102,097 reported shares
6

DIVERSITY, EQUITY, AND INCLUSIONSecurity holder

Report on Delays in Revising Diversity, Equity, and Inclusion (DEI) Initiatives

1,313 vote records from 452 filers. 22 of the 445 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.

1.8% for95.4% against2.9% other4.9% against management452 filers0.0% for99.7% against0.2% other0.4% against management1,006,326,031 reported shares
7

ENVIRONMENT OR CLIMATESecurity holder

Revisit Plastics Packaging Policies

1,270 vote records from 448 filers. 21 of the 441 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.

2.2% for95.1% against2.7% other4.8% against management448 filers0.1% for99.7% against0.2% other0.4% against management1,004,869,478 reported shares
8

DIVERSITY, EQUITY, AND INCLUSIONSecurity holder

Racial Equity Audit

1,281 vote records from 449 filers. 92 of the 443 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

16.7% for79.5% against3.8% other20.8% against management449 filers2.9% for95.0% against2.2% other5.1% against management1,006,273,780 reported shares
9

OTHER SOCIAL ISSUESSecurity holder

Request for Third-Party Assessment of Company Policies Regarding Law Enforcement Information Requests...

1,283 vote records from 451 filers. 35 of the 443 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.

5.3% for92.0% against2.7% other7.9% against management451 filers0.5% for99.3% against0.2% other0.8% against management1,006,313,094 reported shares
10

ENVIRONMENT OR CLIMATESecurity holder

Shareholder proposal: ENVIRONMENT OR CLIMATE

1,280 vote records from 449 filers. 68 of the 443 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

12.9% for84.6% against2.4% other15.3% against management449 filers3.6% for96.2% against0.2% other4.0% against management1,006,273,783 reported shares
11

OTHER SOCIAL ISSUESSecurity holder

Respect Civil Liberties in Advertising Services

1,264 vote records from 446 filers. 23 of the 441 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

2.0% for94.8% against3.1% other5.2% against management446 filers0.0% for99.7% against0.3% other0.4% against management1,004,790,852 reported shares
12

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.

146 vote records from 19 filers. 5 of the 17 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

21.1% for73.7% against5.3% other29.4% against management19 filers17.3% for82.5% against0.2% other20.1% against management4,909,976 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay3. Auditor5. Proposal6. Proposal7. Proposal8. Proposal9. Proposal
VanguardForForForAgainstAgainstAgainstAgainstAgainst
BlackRock and iSharesForForForAgainstAgainstAgainstAgainstAgainst
FidelityForForForAgainstAgainstAgainstAgainstAgainst
DimensionalForForForAgainstAgainstAgainstAgainstAgainst
State Street and SPDRForForForAgainstAgainstAgainstAgainstAgainst
American CenturyForForForAgainstAgainstAgainstAgainstAgainst
Franklin TempletonForForForAgainstAgainstAgainstAgainstAgainst
InvescoForForForAgainstAgainstAgainstAgainstAgainst
EquitableForForForAgainstAgainstAgainstAgainstAgainst
Charles SchwabForForForAgainstAgainstAgainstAgainstAgainst
Nuveen and TIAAForForForAgainstAgainstAgainstAgainstAgainst
ProShares and ProFundsForForForAgainstAgainstAgainstAgainstAgainst
John Hancock and ManulifeForForForAgainstAgainstAgainstAgainstAgainst
Morgan Stanley, Eaton Vance and CalvertForAgainst *ForFor *AgainstAgainstFor *Against
J.P. MorganForForForAgainstAgainstAgainstAgainstAgainst
Goldman SachsForForForAgainstAgainstAgainstAgainstAgainst
WisdomTreeForForForAgainstAgainstAgainstAgainstAgainst
PGIM and PrudentialForForForAgainstAgainstAgainstAgainstAgainst
Jackson National fundsForForForAgainstAgainstAgainstAgainstAgainst
Northern Trust and FlexSharesForForForFor *AgainstAgainstAgainstAgainst
SEIForForForAgainstAgainstAgainstFor *Against
T. Rowe PriceForForForAgainstAgainstAgainstAgainstAgainst
ThriventForForForAgainstAgainstAgainstAgainstAgainst
Lincoln FinancialForForForAgainstAgainstAgainstAgainstAgainst
VoyaForForForAgainstAgainstAgainstAgainstAgainst
First TrustForForForAgainstAgainstAgainstAgainstAgainst
Russell InvestmentsForForForAgainstAgainstAgainstFor *Against
NationwideForForForAgainstAgainstAgainstAgainstAgainst
Victory CapitalForForForAgainstAgainstAgainstAgainstAgainst
Brighthouse FundsForForForAgainstAgainstAgainstAgainstAgainst
Guggenheim and RydexForForForAgainstAgainstAgainstAgainstAgainst
Columbia ThreadneedleForForForAgainstAgainstAgainstAbstain or withhold *Against
BNY MellonForForForAgainstAgainstAgainstAgainstAgainst
PrincipalForForForAgainstAgainstAgainstAgainstAgainst
Capital Group and American FundsForForForAgainstAgainstAgainstAgainstAgainst
Pacific Life fundsForForForAgainstAgainstAgainstAgainstAgainst
Global XForForForNo reportNo reportNo reportNo reportNo report
MFSForForForAgainstAgainstAgainstFor *Against
TransamericaForForForAgainstAgainstAgainstAgainstAgainst
Federated HermesForForForAgainstAgainstAgainstAgainstAgainst
AllianceBernsteinForForForAgainstAgainstAgainstAgainstAgainst
Hartford FundsForForForAgainstAgainstAgainstAgainstAgainst
DWSForForForFor *AgainstAgainstAgainstFor *
PIMCOForForForAgainstAgainstAgainstAgainstAgainst
AllspringForForForAgainstAgainstAgainstAgainstAgainst
MassMutualForForForFor *AgainstAgainstAgainstAgainst
Harbor FundsForForForAgainstAgainstAgainstAgainstAgainst
VirtusForAgainst *ForAgainstAgainstAgainstAgainstAgainst
VanEckForForForAgainstAgainstAgainstFor *Against
Macquarie and Delaware FundsNo reportForNo reportNo reportNo reportNo reportNo reportNo report
Janus HendersonForForForAgainstAgainstAgainstAgainstAgainst
Neuberger BermanForForForAgainstAgainstAgainstFor *Against
American BeaconForForForNo reportAgainstAgainstNo reportFor
Natixis and Loomis SaylesForForForAgainstAgainstAgainstAgainstAgainst
Lord AbbettForForForAgainstAgainstAgainstAgainstAgainst
Dodge & CoxNo reportForNo reportNo reportNo reportNo reportNo reportNo report
Harris Associates and OakmarkNo reportForNo reportNo reportNo reportNo reportNo reportNo report
BairdNo reportForNo reportNo reportNo reportNo reportNo reportNo 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 Walmart Inc. meeting?

2,012 Form N-PX filers reported votes at the meeting of 5 Jun 2025. On say-on-pay, 138 of 1,925 voted against management (7.2%). 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 Walmart 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 Walmart Inc.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Walmart Inc. with a meeting date within three days of 5 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.