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Home / Families / Federated Hermes / year to 30 June 2026

Form N-PX · fund family · year to 30 June 202621 filers grouped

Federated Hermes

One season of the Federated Hermes record. The family page shows the latest season.

Vote records reported
80,853year to 30 June 2026
Against management
7.0%5,645 of 80,095 marked votes
Say-on-pay support
92.2%for, of for + against + abstain
Shareholder-proposal support
36.7%for, of for + against + abstain
90.7% for6.7% against2.6% other7.0% against management80,853 votes

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

For the year to 30 June 2026, Federated Hermes reported 80,853 vote records on Form N-PX. 5,645 of the 80,095 votes that were marked for or against management went against management: 7.0%, close to the median of the fund families tracked here (7.8%).

Weighted by the number of shares voted, the against-management share is 5.5%. 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 92.2% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.2%) and it voted for 36.7% 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 SHAREHOLDER RIGHTS AND DEFENSES (33.5% of 1,000), OTHER SOCIAL ISSUES (17.7% of 564) and COMPENSATION (12.2% of 3,959).

It reported 154.8 million shares out on loan at record dates, 1.40% 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 share7.0%7.8%10.6%
Say-on-pay support rate92.2%88.2%86.0%
Shareholder-proposal support rate36.7%30.7%33.9%
Shares on loan, share of shares held1.40%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 ELECTIONS47,25743,9742,0316.4%
SECTION 14A SAY-ON-PAY VOTES9,8858,4897217.5%
AUDIT-RELATED6,3126,271120.3%
SHAREHOLDER RIGHTS AND DEFENSES1,03074726633.5%
EXTRAORDINARY TRANSACTIONS44143291.6%
CAPITAL STRUCTURE3,8093,5622357.2%
COMPENSATION3,9933,42454112.2%
CORPORATE GOVERNANCE6,7256,23740710.3%
ENVIRONMENT OR CLIMATE430204101.4%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE28682781.7%
DIVERSITY, EQUITY, AND INCLUSION1392111811.7%
OTHER SOCIAL ISSUES56618935917.7%
OTHER1608not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202474,8877.9%90.3%28.0%
year to 30 June 202576,5356.7%91.6%24.8%
year to 30 June 202680,8537.0%92.2%36.7%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Federated Hermes voted against management on 148 of the 1,802 it marked either way (8.2%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 2 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 503 proposals from security holders that could be told apart in the filings and on which it cast a vote, Federated Hermes voted for 190 (37.8%). 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
Amazon.com, Inc.20 May 2026Shareholder proposal requesting a mandatory independent board chair policy
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
Visa Inc.27 Jan 2026Require Independent Board Chair
JPMorgan Chase & Co.19 May 2026Independent board chairman
Johnson & Johnson23 Apr 2026Independent Board Chair
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Independent Board Chair
CHEVRON CORPORATION27 May 2026Adopt an Independent Chair
Bank of America Corporation4 May 2026Shareholder proposal requesting independent board chair
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
UnitedHealth Group Incorporated1 Jun 2026If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the...
PEPSICO, INC.6 May 2026Shareholder Proposal - Independent Board Chair.
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Advanced Micro Devices, Inc.13 May 2026Stockholder proposal requesting changes to the stockholder right to call a special meeting.
McDonald's Corporation20 May 2026Advisory Vote to Adopt Policy for an Independent Chair.
Verizon Communications Inc.21 May 2026Independent board chair
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
Pfizer Inc.23 Apr 2026Adopt an Independent Chair Policy
Wells Fargo & Company28 Apr 2026Require Independent Board Chair
Amgen Inc.19 May 2026Stockholder proposal to require an independent board chairman.
Bristol-Myers Squibb Company5 May 2026Require Independent Board Chair
ConocoPhillips12 May 2026Stockholder Proposal - Independent Board Chairman.
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Lobbying Disclosure
The Goldman Sachs Group, Inc.29 Apr 2026Shareholder Proposal Regarding Special Shareholder Meeting Thresholds
Morgan Stanley14 May 2026Shareholder proposal requesting an independent Board Chairman
Lowe's Companies, Inc.29 May 2026Shareholder Proposal requesting an independent board chairman.
Intel Corporation13 May 2026Stockholder proposal requesting an enduring policy separating the Chair and CEO roles.
Comcast Corporation10 Jun 2026Adopt policy to have an independent chair
Gilead Sciences, Inc.30 Apr 2026To vote on a stockholder proposal requesting an independent Board Chair policy
PALANTIR TECHNOLOGIES INC.3 Jun 2026Stockholder proposal entitled "Political Spending Disclosure,"
S&P Global Inc.20 May 2026Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder...
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Starbucks Corporation25 Mar 2026Shareholder proposal requesting adoption of an independent board chair policy
LOCKHEED MARTIN CORPORATION12 May 2026Stockholder Proposal Requiring Independent Board Chairman
Micron Technology, Inc.15 Jan 2026Reduce Ownership Threshold for Shareholders to Call Special Meeting

Shares on loan

Federated Hermes reported 154.8 million shares on loan at record dates against 10.91 billion shares voted: 1.40% 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.

Questions

How did Federated Hermes vote on executive pay?

In the year to 30 June 2026 Federated Hermes reported 9,210 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 8,489 were for (92.2%), 721 against and 0 abstentions. Counting one item per company meeting, it voted against management on 148 of the 1,802 say-on-pay items it marked either way. A further 2 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Federated Hermes vote against management?

7.0% of the time in the year to 30 June 2026: 5,645 of the 80,095 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 Federated Hermes support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 416 votes on proposals from security holders in the year to 30 June 2026 and voted for 6 of them (1.4%). Across every category it voted for 36.7% 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 Federated Hermes family page · All filers in the year to 30 June 2026

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