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Form N-PX · fund family2 filers grouped

Baird

Fund registrants and adviser entities grouped under Baird by this site's alias table

Vote records reported
4,745year to 30 June 2026
Against management
8.8%413 of 4,713 marked votes
Say-on-pay support
90.6%for, of for + against + abstain
Shareholder-proposal support
41.5%for, of for + against + abstain
87.6% for7.8% against4.6% other8.8% against management4,735 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

In its Form N-PX for the year to 30 June 2026, Baird listed 4,745 vote records. Votes against management made up 8.8% of those marked either way (413 of 4,713); the median of the fund families tracked here stood at 7.8%.

Weighted by the number of shares voted, the against-management share is 17.1%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 90.6% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.2%) and it voted for 41.5% of the proposals put forward by security holders (the median of the fund families tracked here: 30.7%).

By category, votes against management were most frequent in COMPENSATION (17.9% of 84), CORPORATE GOVERNANCE (15.0% of 120) and OTHER (10.8% of 74).

It reported 26,366 shares out on loan at record dates, 0.00% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 60 families with at least 25 vote records in the season.

year to 30 June 2026This familyMedian familyAll filers pooled
Against-management share8.8%7.8%10.6%
Say-on-pay support rate90.6%88.2%86.0%
Shareholder-proposal support rate41.5%30.7%33.9%
Shares on loan, share of shares held0.00%1.53%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,3081,215516.8%
SECTION 14A SAY-ON-PAY VOTES2,8012,3782489.5%
AUDIT-RELATED21020283.8%
INVESTMENT COMPANY MATTERS32133.3%
SHAREHOLDER RIGHTS AND DEFENSES1110127.3%
EXTRAORDINARY TRANSACTIONS1100.0%
CAPITAL STRUCTURE122111118.2%
COMPENSATION84691517.9%
CORPORATE GOVERNANCE120111915.0%
ENVIRONMENT OR CLIMATE8260.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE7070.0%
DIVERSITY, EQUITY, AND INCLUSION1010.0%
OTHER SOCIAL ISSUES14867.1%
OTHER7564910.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20245,0139.2%89.9%47.2%
year to 30 June 20254,7428.1%90.9%33.3%
year to 30 June 20264,7458.8%90.6%41.5%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Baird voted against management on 185 of the 2,036 it marked either way (9.1%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 20 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 33 proposals from security holders that could be told apart in the filings and on which it cast a vote, Baird voted for 13 (39.4%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Mastercard Incorporated16 Jun 2026Consideration of a stockholder proposal regarding shareholder right to act by written consent
Micron Technology, Inc.15 Jan 2026Reduce Ownership Threshold for Shareholders to Call Special Meeting
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
IDEXX Laboratories, Inc.12 May 2026Shareholder Proposal to Give Shareholders the Ability to Call for a Special Shareholder Meeting (Proposal...
Delta Air Lines, Inc.18 Jun 2026A shareholder proposal requesting the ability for shareholders to act by written consent.
Datadog, Inc.15 Jun 2026The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple...
Verisk Analytics, Inc.19 May 2026Shareholder Proposal - Shareholder Right to Act by Written Consent.
CDW Corporation21 May 2026To consider and act upon the stockholder proposal, if properly presented at the meeting, regarding...
Equifax Inc.7 May 2026Shareholder proposal to lower the ownership threshold to call a special meeting of shareholders to 10%.
West Pharmaceutical Services, Inc.4 May 2026Shareholder proposal regarding an independent Board Chair policy.

Shares on loan

Baird reported 26,366 shares on loan at record dates against 2.55 billion shares voted: 0.00% of the two together. Median family: 1.53%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Filers grouped under this family

Grouping is by registrant and manager name, from a hand-maintained table. See the methodology.

FilerTypeVote records, year to 30 June 2026
Baird Financial Group, Inc.institutional manager2,491
BAIRD FUNDS INCfund registrant2,254

Questions

How did Baird vote on executive pay?

In the year to 30 June 2026 Baird reported 2,625 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 2,377 were for (90.6%), 247 against and 1 abstentions. Counting one item per company meeting, it voted against management on 185 of the 2,036 say-on-pay items it marked either way. A further 20 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Baird vote against management?

8.8% of the time in the year to 30 June 2026: 413 of the 4,713 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did Baird support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 6 votes on proposals from security holders in the year to 30 June 2026 and voted for 0 of them (0.0%). Across every category it voted for 41.5% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of the registrants and managers grouped under this family on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers listed above, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.