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Form N-PX · fund registrantSEC filer no. 819118

FIDELITY CONCORD STREET TRUST

fund voting report, part of Fidelity

Vote records reported
286,146year to 30 June 2026
Against management
5.1%13,498 of 265,295 marked votes
Say-on-pay support
93.8%for, of for + against + abstain
Shareholder-proposal support
21.2%for, of for + against + abstain
92.4% for5.2% against2.4% other5.1% against management267,961 votes

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

For the year to 30 June 2026, FIDELITY CONCORD STREET TRUST reported 286,146 vote records on Form N-PX. 13,498 of the 265,295 votes that were marked for or against management went against management: 5.1%, 1.1 percentage points below the median fund registrant (6.2%).

Weighted by the number of shares voted, the against-management share is 3.3%. 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 93.8% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 21.2% 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 (21.1% of 914), EXTRAORDINARY TRANSACTIONS (14.6% of 2,577) and COMPENSATION (13.7% of 17,827).

It reported 4.58 billion shares out on loan at record dates, 2.08% 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 2026This filerMedian fund registrantAll filers pooled
Against-management share5.1%6.2%10.6%
Say-on-pay support rate93.8%91.6%86.0%
Shareholder-proposal support rate21.2%27.5%33.9%
Shares on loan, share of shares held2.08%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%

Of the 286,146 vote records in this filing, 18,185 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 ELECTIONS163,701156,9302,5413.5%
SECTION 14A SAY-ON-PAY VOTES19,77716,7011,0967.5%
AUDIT-RELATED23,92423,6043161.1%
INVESTMENT COMPANY MATTERS6600.0%
SHAREHOLDER RIGHTS AND DEFENSES94778015121.1%
EXTRAORDINARY TRANSACTIONS2,5792,17939614.6%
CAPITAL STRUCTURE15,93414,4781,4489.1%
COMPENSATION17,98715,3622,60713.7%
CORPORATE GOVERNANCE23,41419,8613,4898.0%
ENVIRONMENT OR CLIMATE1,1312259052.1%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE4591523070.9%
DIVERSITY, EQUITY, AND INCLUSION5611544071.1%
OTHER SOCIAL ISSUES1,5864981,0883.7%
OTHER1,44868973412.2%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024294,9827.3%92.3%21.3%
year to 30 June 2025288,7565.4%94.2%21.6%
year to 30 June 2026286,1465.1%93.8%21.2%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, FIDELITY CONCORD STREET TRUST voted against management on 203 of the 3,107 it marked either way (6.5%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 8 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 1,111 proposals from security holders that could be told apart in the filings and on which it cast a vote, FIDELITY CONCORD STREET TRUST voted for 300 (27.0%). 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
Tesla, Inc.6 Nov 2025A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold.
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Wells Fargo & Company28 Apr 2026Shareholder Proposal - Govern by Majority Vote.
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
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.
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.
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to public disclosure by share class of voting results on matters subject...
AppLovin Corporation3 Jun 2026Stockholder proposal regarding disclosure of voting results by class of shares
WEC Energy Group, Inc.7 May 2026Stockholder proposal to govern by majority vote
Airbnb, Inc.5 Jun 2026Dual-class sunset; and
Datadog, Inc.15 Jun 2026The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple...
NRG Energy, Inc.30 Apr 2026To vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting
Keysight Technologies, Inc.19 Mar 2026Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a...
Workday, Inc.16 Jun 2026To consider and vote upon a stockholder proposal regarding disclosure of voting results based on share class.
Citizens Financial Group, Inc.23 Apr 2026Shareholder proposal for the adoption of a majority voting standard.
Lennar Corporation8 Apr 2026Vote on a stockholder proposal on Disclosure of Voting Result by Share Class.
Lennar Corporation8 Apr 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
Albemarle Corporation5 May 2026Shareholder Proposal regarding shareholders ability to call for a special shareholder meeting.
lululemon athletica inc.25 Jun 2026Declassify the Board of Directors
CF Industries Holdings, Inc.28 Apr 2026Shareholder proposal regarding shareholder approval requirement for excessive golden parachutes
Zscaler, Inc.12 Jan 2026To vote on a non-binding stockholder proposal requesting the declassification of our board of directors.
Tyson Foods, Inc.5 Feb 2026Shareholder proposal regarding disclosure of voting results based on class of shares.
HubSpot, Inc.15 Jun 2026A stockholder proposal to change the Company's Sixth Amended and Restated Bylaws to allow 10% holders of...
BJ's Wholesale Club Holdings, Inc.18 Jun 2026Vote on a shareholder proposal regarding adopting a majority voting standard
Norwegian Cruise Line Holdings Ltd.11 Jun 2026A shareholder proposal requesting the declassification of our board of directors
Campbell Soup Company18 Nov 2025To vote on a shareholder proposal regarding simple majority voting.
Universal Health Services, Inc.20 May 2026Disclosure of Voting Results Based on Shareholders' Money at Risk
TransUnion12 May 2026Advisory vote on a stockholder proposal requesting a stockholder right to call a special meeting.
Fortune Brands Innovations, Inc.5 May 2026Advisory vote to approve named executive officer compensation
Henry Schein, Inc.21 May 2026Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote.
Five Below, Inc.16 Jun 2026Shareholder proposal requesting that provisions in the Company's governance documents requiring greater...
Lumen Technologies, Inc.20 May 2026Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill.

Shares on loan

FIDELITY CONCORD STREET TRUST reported 4.58 billion shares on loan at record dates against 215.83 billion shares voted: 2.08% 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

27 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
Fidelity Series Total Market Index Fund34,1385.4%93.7%13.9%
Fidelity Total Market Index Fund33,1965.1%93.8%13.9%
Fidelity ZERO International Index Fund31,0756.7%100.0%29.5%
Fidelity Extended Market Index Fund27,7636.3%93.1%25.0%
Fidelity SAI International Small Cap Index Fund27,7505.9%not reported40.0%
Fidelity ZERO Total Market Index Fund24,3163.0%95.1%13.9%
Fidelity NASDAQ Composite Index Fund21,6379.7%91.7%16.8%
Fidelity ZERO Extended Market Index Fund17,6553.2%94.6%28.4%
Fidelity International Index Fund11,7903.8%not reported28.8%
Fidelity Series International Index Fund11,6983.8%not reported27.3%
Fidelity ZERO Large Cap Index Fund6,6942.2%96.8%9.9%
Fidelity Flex 500 Index Fund6,6802.2%97.0%9.9%
Fidelity 500 Index Fund6,5911.8%97.3%10.0%
Fidelity SAI Global ex U.S. Low Volatility Index Fund2,9966.4%not reported5.5%
Fidelity Flex Large Cap Focused Index Fund2,6282.2%96.2%7.3%
Fidelity Large Cap Stock Fund2,4042.4%98.6%11.6%
Fidelity Large Cap Stock K6 Fund2,3972.4%98.6%11.6%
Fidelity SAI Japan Stock Index Fund2,2841.1%not reported2.3%
Fidelity Series Small Cap Core Fund1,9325.7%94.9%28.6%
Fidelity Mid-Cap Stock Fund1,8124.4%97.2%48.7%
Fidelity Mid-Cap Stock K6 Fund1,8124.4%97.2%48.7%
Fidelity Small Cap Discovery Fund1,3253.7%97.1%25.0%
Fidelity Series Small Cap Discovery Fund1,3253.7%97.1%25.0%
Fidelity SAI Canada Equity Index Fund1,1641.0%not reported1.2%
Fidelity Small Cap Stock Fund1,1473.9%98.1%54.5%
Fidelity Small Cap Stock K6 Fund1,1383.8%98.1%54.5%
Fidelity Founders Fund7997.4%97.8%23.2%

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 FIDELITY CONCORD STREET TRUST vote on executive pay?

In the year to 30 June 2026 FIDELITY CONCORD STREET TRUST reported 17,797 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 16,701 were for (93.8%), 1,096 against and 0 abstentions. Counting one item per company meeting, it voted against management on 203 of the 3,107 say-on-pay items it marked either way. A further 8 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does FIDELITY CONCORD STREET TRUST vote against management?

5.1% of the time in the year to 30 June 2026: 13,498 of the 265,295 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 FIDELITY CONCORD STREET TRUST support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 926 votes on proposals from security holders in the year to 30 June 2026 and voted for 22 of them (2.4%). Across every category it voted for 21.2% 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 FIDELITY CONCORD STREET TRUST (filer no. 819118), 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.