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Form N-PX · fund registrantSEC filer no. 1567101

Bridge Builder Trust

fund voting report

Vote records reported
86,562year to 30 June 2026
Against management
7.0%6,109 of 87,329 marked votes
Say-on-pay support
89.6%for, of for + against + abstain
Shareholder-proposal support
31.8%for, of for + against + abstain
91.3% for5.5% against3.2% other7.0% against management87,913 votes

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

Bridge Builder Trust reported 86,562 vote records for the year to 30 June 2026. It marked 7.0% of its votes as cast against management (6,109 of 87,329), close to the median fund registrant, which was 6.2%.

Weighted by the number of shares voted, the against-management share is 5.7%. 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 89.6% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 31.8% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in INVESTMENT COMPANY MATTERS (56.5% of 23), SHAREHOLDER RIGHTS AND DEFENSES (30.9% of 304) and DIVERSITY, EQUITY, AND INCLUSION (20.8% of 24).

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 2026This filerMedian fund registrantAll filers pooled
Against-management share7.0%6.2%10.6%
Say-on-pay support rate89.6%91.6%86.0%
Shareholder-proposal support rate31.8%27.5%33.9%
Shares on loan, share of shares held0.00%0.00%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 ELECTIONS54,50950,5371,9837.0%
SECTION 14A SAY-ON-PAY VOTES7,4826,25472210.5%
AUDIT-RELATED7,9297,858440.5%
INVESTMENT COMPANY MATTERS23101356.5%
SHAREHOLDER RIGHTS AND DEFENSES3162307230.9%
EXTRAORDINARY TRANSACTIONS34833972.0%
CAPITAL STRUCTURE5,2244,9462574.6%
COMPENSATION3,8293,36444510.5%
CORPORATE GOVERNANCE7,2896,25892910.9%
ENVIRONMENT OR CLIMATE2736520615.6%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1742914217.3%
DIVERSITY, EQUITY, AND INCLUSION2441920.8%
OTHER SOCIAL ISSUES5692952669.9%
OTHER1,9721,6531797.7%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202497,52011.6%86.8%38.1%
year to 30 June 202594,98711.2%87.5%28.9%
year to 30 June 202686,5627.0%89.6%31.8%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Bridge Builder Trust voted against management on 287 of the 3,094 it marked either way (9.3%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 12 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 546 proposals from security holders that could be told apart in the filings and on which it cast a vote, Bridge Builder Trust voted for 158 (28.9%). 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 Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Visa Inc.27 Jan 2026Shareholder proposal on shareholder right to act by written consent.
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
PEPSICO, INC.6 May 2026Shareholder Proposal - Independent Board Chair.
McDonald's Corporation20 May 2026Advisory Vote on Shareholders' Right to Act by Written Consent.
NextEra Energy, Inc.21 May 2026Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
Pfizer Inc.23 Apr 2026Adopt an Independent Chair Policy
AT&T INC.14 May 2026EEO-1 Report Disclosure Policy
Amgen Inc.19 May 2026Stockholder proposal to require an independent board chairman.
ServiceNow, Inc.21 May 2026Shareholder proposal regarding shareholder right to act by written consent.
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
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
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...
THE BOEING COMPANY17 Apr 2026Action by Written Consent.
LOCKHEED MARTIN CORPORATION12 May 2026Stockholder Proposal Requiring Independent Board Chairman
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
Lam Research Corporation4 Nov 2025Stockholder proposal titled "Realistic Shareholder Ability to Call for a Special Shareholder Meeting,"
Analog Devices, Inc.11 Mar 2026To consider a shareholder proposal
Colgate-Palmolive Company8 May 2026Stockholder proposal entitled "Independent Board Chairman."
Boston Scientific Corporation30 Apr 2026Stockholder proposal titled "Give Shareholders the Ability to Call for a Special Shareholder Meeting."
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding disclosure of voting results by share class.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding dual class capital structure.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding report on Al data usage oversight.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding report on integrating child safety improvements into the executive...
United Parcel Service, Inc.7 May 2026To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
Zoetis Inc.20 May 2026Shareholder proposal to permit shareholder action by written consent.
Cummins Inc.12 May 2026Shareholder proposal to adopt a policy for separation of the roles of Chairperson and Chief Executive Officer.
Vertex Pharmaceuticals Incorporated13 May 2026Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written...
Ecolab Inc.7 May 2026Vote on a stockholder proposal regarding an independent board chair policy
PayPal Holdings, Inc.19 May 2026Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders.
FedEx Corporation29 Sep 2025Stockholder proposal regarding independent board chairman.
The Travelers Companies, Inc.20 May 2026Shareholder proposal relating to a report on climate-related pricing and coverage decisions, if presented...

Shares on loan

Bridge Builder Trust reported no shares on loan for the year to 30 June 2026. 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

10 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Bridge Builder Small/Mid Cap Value Fund21,2095.6%93.2%30.6%
Bridge Builder International Equity Fund14,1315.4%88.6%7.9%
Bridge Builder Small/Mid Cap Growth Fund12,8967.1%92.5%23.6%
Bridge Builder Large Cap Value Fund11,3024.5%93.2%20.5%
Bridge Builder Tax Managed Small/Mid Cap Fund9,80913.0%84.8%70.3%
Bridge Builder Tax Managed International Equity Fund8,0456.4%83.2%31.1%
Bridge Builder Tax Managed Large Cap Fund5,01210.2%83.2%43.4%
Bridge Builder Large Cap Growth Fund4,0659.3%87.0%39.3%
Bridge Builder Core Plus Bond Fund541.9%not reportednot reported
Bridge Builder Municipal High-Income Bond Fund390.0%not reportednot reported

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.

Questions

How did Bridge Builder Trust vote on executive pay?

In the year to 30 June 2026 Bridge Builder Trust reported 6,976 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 6,251 were for (89.6%), 722 against and 3 abstentions. Counting one item per company meeting, it voted against management on 287 of the 3,094 say-on-pay items it marked either way. A further 12 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Bridge Builder Trust vote against management?

7.0% of the time in the year to 30 June 2026: 6,109 of the 87,329 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 Bridge Builder Trust support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 246 votes on proposals from security holders in the year to 30 June 2026 and voted for 39 of them (15.9%). Across every category it voted for 31.8% 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 Bridge Builder Trust (filer no. 1567101), 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.