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SCHWAB STRATEGIC TRUST
fund voting report, part of Charles Schwab
- Vote records reported
- 245,098year to 30 June 2026
- Against management
- 6.9%16,335 of 236,692 marked votes
- Say-on-pay support
- 91.4%for, of for + against + abstain
- Shareholder-proposal support
- 17.6%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, SCHWAB STRATEGIC TRUST reported 245,098 vote records on Form N-PX. 16,335 of the 236,692 votes that were marked for or against management went against management: 6.9%, close to the median fund registrant (6.2%).
Weighted by the number of shares voted, the against-management share is 9.7%. 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 91.4% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 17.6% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (17.8% of 1,972), COMPENSATION (13.9% of 16,211) and OTHER SOCIAL ISSUES (11.6% of 971).
It reported 4.95 billion shares out on loan at record dates, 1.74% 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 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 6.9% | 6.2% | 10.6% |
| Say-on-pay support rate | 91.4% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 17.6% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 1.74% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 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) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 136,146 | 117,513 | 5,210 | 5.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 12,497 | 9,839 | 915 | 8.6% | |
| AUDIT-RELATED | 18,217 | 16,648 | 173 | 1.7% | |
| INVESTMENT COMPANY MATTERS | 34 | 2 | 32 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 2,218 | 1,207 | 768 | 17.8% | |
| EXTRAORDINARY TRANSACTIONS | 2,844 | 2,716 | 63 | 1.8% | |
| CAPITAL STRUCTURE | 23,580 | 20,426 | 2,234 | 10.3% | |
| COMPENSATION | 17,741 | 13,946 | 2,355 | 13.9% | |
| CORPORATE GOVERNANCE | 41,316 | 35,121 | 3,136 | 6.7% | |
| ENVIRONMENT OR CLIMATE | 622 | 55 | 488 | 5.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 259 | 9 | 219 | 3.9% | |
| DIVERSITY, EQUITY, AND INCLUSION | 176 | 11 | 145 | 2.0% | |
| OTHER SOCIAL ISSUES | 1,037 | 436 | 528 | 11.6% | |
| OTHER | 30 | 5 | 17 | not reported |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 247,231 | 8.0% | 89.6% | 17.5% | |
| year to 30 June 2025 | 247,518 | 6.9% | 91.4% | 16.8% | |
| year to 30 June 2026 | 245,098 | 6.9% | 91.4% | 17.6% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, SCHWAB STRATEGIC TRUST voted against management on 201 of the 2,454 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 6 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- UnitedHealth Group Incorporated 1 Jun 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Salesforce, Inc. 28 May 2026
- Adobe Inc. 15 Apr 2026
- Citigroup Inc. 20 May 2026
- Comcast Corporation 10 Jun 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- BlackRock, Inc. 20 May 2026
- Arista Networks, Inc. 29 May 2026
- Prologis, Inc. 28 Apr 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- T-Mobile US, Inc. 16 Jun 2026
- The Bank of New York Mellon Corporation 14 Apr 2026
- Dell Technologies Inc. 25 Jun 2026
- Welltower Inc. 21 May 2026
- Marvell Technology, Inc. 25 Jun 2026
- Snowflake Inc. 2 Jul 2025
- Snowflake Inc. 29 Jun 2026
- The Hershey Company 5 May 2026
- Fiserv, Inc. 21 May 2026
- Aon Plc 26 Jun 2026
- Microchip Technology Incorporated 19 Aug 2025
- Omnicom Group Inc. 5 May 2026
- Cloudflare, Inc. 30 Jun 2026
- Apollo Global Management, Inc. 8 Jun 2026
- Charter Communications, Inc. 21 Apr 2026
- Edison International 23 Apr 2026
- Workday, Inc. 16 Jun 2026
- The Trade Desk, Inc. 4 May 2026
- Lennar Corporation 8 Apr 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Live Nation Entertainment, Inc. 11 Jun 2026
- Roblox Corporation 28 May 2026
- Equifax Inc. 7 May 2026
- Rocket Lab Corporation 27 Aug 2025
- Global Payments Inc. 30 Apr 2026
- Rivian Automotive, Inc. 22 Jun 2026
Shareholder proposals it supported
Of 825 proposals from security holders that could be told apart in the filings and on which it cast a vote, SCHWAB STRATEGIC TRUST voted for 111 (13.5%). 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.
| Company | Meeting | Proposal |
|---|---|---|
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| United Parcel Service, Inc. | 7 May 2026 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| Illinois Tool Works Inc. | 8 May 2026 | Corporate governance |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to a request that the Board take steps to implement one vote per share for... |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to public disclosure by share class of voting results on matters subject... |
| Snowflake Inc. | 29 Jun 2026 | To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal... |
| United Rentals, Inc. | 8 May 2026 | Advisory approval of executive compensation |
| AppLovin Corporation | 3 Jun 2026 | Stockholder proposal regarding disclosure of voting results by class of shares |
| Dollar General Corporation | 28 May 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Datadog, Inc. | 15 Jun 2026 | The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple... |
| SHOPIFY INC. | 16 Jun 2026 | Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular... |
| Workday, Inc. | 16 Jun 2026 | To consider and vote upon a stockholder proposal regarding disclosure of voting results based on share class. |
| Lennar Corporation | 8 Apr 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| ON Semiconductor Corporation | 14 May 2026 | To vote on a stockholder proposal regarding simple majority voting |
| Zscaler, Inc. | 12 Jan 2026 | To vote on a non-binding stockholder proposal requesting the declassification of our board of directors. |
| Tyson Foods, Inc. | 5 Feb 2026 | Shareholder proposal regarding disclosure of voting results based on class of shares. |
| Domino's Pizza, Inc. | 21 Apr 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding adopting a majority voting standard |
| Norwegian Cruise Line Holdings Ltd. | 11 Jun 2026 | To consider and vote upon one shareholder proposal |
| Campbell Soup Company | 18 Nov 2025 | To vote on a shareholder proposal regarding simple majority voting. |
| Universal Health Services, Inc. | 20 May 2026 | Disclosure of Voting Results Based on Shareholders' Money at Risk |
| Reliance, Inc. | 20 May 2026 | Company articles |
| Henry Schein, Inc. | 21 May 2026 | Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote. |
| Oshkosh Corporation | 5 May 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Five Below, Inc. | 16 Jun 2026 | Shareholder proposal requesting that provisions in the Company's governance documents requiring greater... |
| Lumen Technologies, Inc. | 20 May 2026 | Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill. |
| OGE Energy Corp. | 14 May 2026 | Shareholder Proposal Regarding Simple Majority Vote. |
| Eagle Materials Inc. | 4 Aug 2025 | Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors. |
| Wyndham Hotels & Resorts, Inc. | 14 May 2026 | To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to... |
| Mohawk Industries, Inc. | 21 May 2026 | Stockholder proposal regarding a majority vote standard. |
Shares on loan
SCHWAB STRATEGIC TRUST reported 4.95 billion shares on loan at record dates against 278.70 billion shares voted: 1.74% of the two together. Median fund registrant: 0.00%. 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.
Fund series in this filing
21 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 28 Aug 2026 accession 0001193125-26-373507
- N-PX filed 28 Aug 2026 accession 0001193125-26-373508
- N-PX filed 28 Aug 2026 accession 0001193125-26-373509
- Every N-PX filing by this filer on EDGAR
Questions
How did SCHWAB STRATEGIC TRUST vote on executive pay?
In the year to 30 June 2026 SCHWAB STRATEGIC TRUST reported 10,767 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 9,839 were for (91.4%), 915 against and 13 abstentions. Counting one item per company meeting, it voted against management on 201 of the 2,454 say-on-pay items it marked either way. A further 6 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does SCHWAB STRATEGIC TRUST vote against management?
6.9% of the time in the year to 30 June 2026: 16,335 of the 236,692 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 SCHWAB STRATEGIC TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 502 votes on proposals from security holders in the year to 30 June 2026 and voted for 14 of them (2.8%). Across every category it voted for 17.6% 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 this filer 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 by SCHWAB STRATEGIC TRUST (filer no. 1454889), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.