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Home / Families / BNY Mellon / year to 30 June 2024

Form N-PX · fund family · year to 30 June 202430 filers grouped

BNY Mellon

One season of the BNY Mellon record. The family page shows the latest season.

Vote records reported
171,942year to 30 June 2024
Against management
10.9%18,495 of 170,094 marked votes
Say-on-pay support
74.9%for, of for + against + abstain
Shareholder-proposal support
37.1%for, of for + against + abstain
85.5% for11.0% against3.5% other10.9% against management170,892 votes

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

For the year to 30 June 2024, BNY Mellon reported 171,942 vote records on Form N-PX. 18,495 of the 170,094 votes that were marked for or against management went against management: 10.9%, 2.3 percentage points above the median of the fund families tracked here (8.5%).

Weighted by the number of shares voted, the against-management share is 11.2%. 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 74.9% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 37.1% of the proposals put forward by security holders (the median of the fund families tracked here: 35.1%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (23.0% of 496), SECTION 14A SAY-ON-PAY VOTES (22.8% of 24,570) and COMPENSATION (14.6% of 11,763).

It reported 509.0 million shares out on loan at record dates, 2.77% 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 2024This familyMedian familyAll filers pooled
Against-management share10.9%8.5%10.2%
Say-on-pay support rate74.9%89.0%84.6%
Shareholder-proposal support rate37.1%35.1%37.0%
Shares on loan, share of shares held2.77%1.34%0.08%
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%

Of the 171,942 vote records in this filing, 16,848 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked

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 ELECTIONS88,00081,2814,2377.4%
SECTION 14A SAY-ON-PAY VOTES24,59815,8835,32322.8%
AUDIT-RELATED11,18110,4836896.1%
INVESTMENT COMPANY MATTERS3300.0%
SHAREHOLDER RIGHTS AND DEFENSES5064346823.0%
EXTRAORDINARY TRANSACTIONS1,01088812212.0%
CAPITAL STRUCTURE11,34810,3629868.9%
COMPENSATION11,8489,7222,10914.6%
CORPORATE GOVERNANCE21,62418,9872,61511.9%
ENVIRONMENT OR CLIMATE1,7343471,3857.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE89325364010.0%
DIVERSITY, EQUITY, AND INCLUSION1,0332547799.1%
OTHER SOCIAL ISSUES2,2596051,65410.3%
OTHER1,2179932214.8%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024171,94210.9%74.9%37.1%
year to 30 June 2025166,1209.8%75.5%35.7%
year to 30 June 2026166,0778.7%79.0%34.8%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, BNY Mellon voted against management on 811 of the 3,001 it marked either way (27.0%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.

A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 1,176 proposals from security holders that could be told apart in the filings and on which it cast a vote, BNY Mellon voted for 524 (44.6%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
NVIDIA Corporation26 Jun 2024Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter...
Merck & Co., Inc.28 May 2024Shareholder proposal regarding a shareholder right to act by written consent
AbbVie Inc.3 May 2024Stockholder Proposal - to Implement Simple Majority Vote
AbbVie Inc.3 May 2024Stockholder Proposal - to Issue a Report on Patent Process
Salesforce, Inc.27 Jun 2024Require Independent Board Chair
Bank of America Corporation24 Apr 2024Report on Climate Lobbying
Bank of America Corporation24 Apr 2024Shareholder proposal requesting disclosure of clean energy financing ratio
Bank of America Corporation24 Apr 2024Shareholder proposal requesting independent board chair
The Walt Disney Company3 Apr 2024Shareholder proposal: CORPORATE GOVERNANCE
Walmart Inc.5 Jun 2024Workplace Safety & Violence Review
Pfizer Inc.25 Apr 2024Adopt an Independent Board Chair Policy
Verizon Communications Inc.9 May 2024Amend clawback policy
Verizon Communications Inc.9 May 2024Lead-sheathed cable report
Verizon Communications Inc.9 May 2024Independent Board chair
Netflix, Inc.6 Jun 2024Stockholder proposal entitled, "Proposal 8 - Special Shareholder Meeting Improvement,"
Netflix, Inc.6 Jun 2024Report on Use of Artificial Intelligence
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Independent Board Chairman
Tesla, Inc.13 Jun 2024A stockholder proposal regarding simple majority voting provisions in our governing documents
Tesla, Inc.13 Jun 2024Declassify the Board of Directors
Danaher Corporation7 May 2024Reduce Ownership Threshold for Shareholders to Call Special Meeting
Bristol-Myers Squibb Company7 May 2024Require Independent Board Chair
Advanced Micro Devices, Inc.8 May 2024Stockholder proposal regarding special meeting right.
ConocoPhillips14 May 2024Simple Majority Vote.
International Business Machines Corporation30 Apr 2024Stockholder Proposal Requesting a Right to Act by Written Consent
International Business Machines Corporation30 Apr 2024Stockholder Proposal Requesting a Public Report on Climate Lobbying
International Business Machines Corporation30 Apr 2024Stockholder Proposal Requesting the Adoption of Greenhouse Gas Emissions Targets
International Business Machines Corporation30 Apr 2024Stockholder Proposal Requesting a Public Report on Lobbying Activities
Target Corporation12 Jun 2024Shareholder proposal to adopt a policy for an independent board chair.
CATERPILLAR INC.12 Jun 2024Shareholder Proposal - Independent Board Chairman
American Tower Corporation22 May 2024To consider a stockholder proposal, if properly presented, regarding the ownership threshold required to...
Mondelez International, Inc.22 May 2024S/h proposal - establish independent chairman
GE Aerospace7 May 2024Independent Board Chairman
HONEYWELL INTERNATIONAL INC.14 May 2024Shareowner Proposal - Independent Board Chairman.
United Parcel Service, Inc.2 May 2024To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
ServiceNow, Inc.23 May 2024Shareholder proposal regarding simple majority vote.
LOCKHEED MARTIN CORPORATION2 May 2024Stockholder Proposal Requesting Reduction in Threshold to Call Special Stockholder Meetings
Citigroup Inc.30 Apr 2024Report on Respecting Indigenous Peoples' Rights
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding Pay Equity Reporting
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding Disclosure of Clean Energy Supply Financing Ratio
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding a Transparency In Lobbying Report

Shares on loan

BNY Mellon reported 509.0 million shares on loan at record dates against 17.89 billion shares voted: 2.77% of the two together. Median family: 1.34%. 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.

Questions

How did BNY Mellon vote on executive pay?

In the year to 30 June 2024 BNY Mellon reported 21,207 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 15,883 were for (74.9%), 5,323 against and 1 abstentions. Counting one item per company meeting, it voted against management on 811 of the 3,001 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.

How often does BNY Mellon vote against management?

10.9% of the time in the year to 30 June 2024: 18,495 of the 170,094 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 BNY Mellon support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 1,509 votes on proposals from security holders in the year to 30 June 2024 and voted for 127 of them (8.4%). Across every category it voted for 37.1% 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.

Back to the BNY Mellon family page · All filers in the year to 30 June 2024

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