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FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
fund voting report, part of Franklin Templeton
- Vote records reported
- 18,794year to 30 June 2026
- Against management
- 7.0%1,292 of 18,504 marked votes
- Say-on-pay support
- 89.4%for, of for + against + abstain
- Shareholder-proposal support
- 30.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST listed 18,794 vote records. Votes against management made up 7.0% of those marked either way (1,292 of 18,504); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 6.3%. 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 89.4% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 30.9% 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 (35.3% of 85), CORPORATE GOVERNANCE (12.2% of 2,504) and COMPENSATION (11.8% of 1,347).
It reported 74.5 million shares out on loan at record dates, 1.82% 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 | 7.0% | 6.2% | 10.6% |
| Say-on-pay support rate | 89.4% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 30.9% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 1.82% | 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 | 10,639 | 10,004 | 388 | 5.6% | |
| SECTION 14A SAY-ON-PAY VOTES | 837 | 702 | 83 | 10.3% | |
| AUDIT-RELATED | 1,352 | 1,333 | 18 | 1.1% | |
| INVESTMENT COMPANY MATTERS | 1 | 1 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 87 | 78 | 8 | 35.3% | |
| EXTRAORDINARY TRANSACTIONS | 89 | 81 | 8 | 7.9% | |
| CAPITAL STRUCTURE | 1,487 | 1,413 | 74 | 5.9% | |
| COMPENSATION | 1,366 | 1,172 | 182 | 11.8% | |
| CORPORATE GOVERNANCE | 2,537 | 2,242 | 288 | 12.2% | |
| ENVIRONMENT OR CLIMATE | 262 | 49 | 213 | 3.4% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 121 | 43 | 78 | 6.6% | |
| DIVERSITY, EQUITY, AND INCLUSION | 139 | 38 | 101 | 0.7% | |
| OTHER SOCIAL ISSUES | 385 | 115 | 270 | 5.7% | |
| OTHER | 54 | 34 | 20 | 6.8% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 22,737 | 8.3% | 89.9% | 42.1% | |
| year to 30 June 2025 | 22,120 | 6.6% | 90.9% | 31.5% | |
| year to 30 June 2026 | 18,794 | 7.0% | 89.4% | 30.9% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST voted against management on 41 of the 459 it marked either way (8.9%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Berkshire Hathaway Inc. 2 May 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Tesla, Inc. 6 Nov 2025
- Wells Fargo & Company 28 Apr 2026
- The Goldman Sachs Group, Inc. 29 Apr 2026
- Citigroup Inc. 20 May 2026
- PALANTIR TECHNOLOGIES INC. 3 Jun 2026
- Palo Alto Networks, Inc. 9 Dec 2025
- BlackRock, Inc. 20 May 2026
- Arista Networks, Inc. 29 May 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- The Bank of New York Mellon Corporation 14 Apr 2026
- Dell Technologies Inc. 25 Jun 2026
- Snowflake Inc. 29 Jun 2026
- Simon Property Group, Inc. 13 May 2026
- Fiserv, Inc. 21 May 2026
- AppLovin Corporation 3 Jun 2026
- Microchip Technology Incorporated 19 Aug 2025
- Cloudflare, Inc. 30 Jun 2026
- Apollo Global Management, Inc. 8 Jun 2026
- Charter Communications, Inc. 21 Apr 2026
- Lennar Corporation 8 Apr 2026
- Roblox Corporation 28 May 2026
- Rocket Lab Corporation 27 Aug 2025
- Skyworks Solutions, Inc. 13 May 2026
- International Flavors & Fragrances Inc. 29 Apr 2026
- Fortune Brands Innovations, Inc. 5 May 2026
- Lattice Semiconductor Corporation 1 May 2026
- Wingstop Inc. 21 May 2026
- Wyndham Hotels & Resorts, Inc. 14 May 2026
- SiTime Corporation 29 May 2026
- BellRing Brands, Inc. 28 Jan 2026
- Louisiana-Pacific Corporation 1 May 2026
- SL Green Realty Corp. 2 Jun 2026
- M/I Homes, Inc. 13 May 2026
- RingCentral, Inc. 31 Dec 2025
- Symbotic Inc. 5 Mar 2026
Shareholder proposals it supported
Of 352 proposals from security holders that could be told apart in the filings and on which it cast a vote, FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST voted for 124 (35.2%). 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 |
|---|---|---|
| Microsoft Corporation | 5 Dec 2025 | Report on Al Data Usage Oversight |
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting a mandatory independent board chair policy |
| 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 a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Johnson & Johnson | 23 Apr 2026 | Independent Board Chair |
| Mastercard Incorporated | 16 Jun 2026 | Consideration of a stockholder proposal regarding shareholder right to act by written consent |
| Mastercard Incorporated | 16 Jun 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| Netflix, Inc. | 4 Jun 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| Bank of America Corporation | 4 May 2026 | Shareholder proposal requesting independent board chair |
| Walmart Inc. | 4 Jun 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| 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 amend Article X of the bylaws. |
| 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 |
| Advanced Micro Devices, Inc. | 13 May 2026 | Stockholder proposal requesting changes to the stockholder right to call a special meeting. |
| Salesforce, Inc. | 28 May 2026 | Advisory vote to ratify named executive officers' compensation |
| McDonald's Corporation | 20 May 2026 | Advisory Vote to Adopt Policy for an Independent Chair. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote on Shareholders' Right to Act by Written Consent. |
| NextEra Energy, Inc. | 21 May 2026 | Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| CATERPILLAR INC. | 10 Jun 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| Pfizer Inc. | 23 Apr 2026 | Adopt an Independent Chair Policy |
| AT&T INC. | 14 May 2026 | Shareholder Right to Act by Written Consent |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| Texas Instruments Incorporated | 16 Apr 2026 | Stockholder proposal to permit stockholders to act by written consent. |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Lobbying Disclosure |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Special Shareholder Meeting Thresholds |
| Morgan Stanley | 14 May 2026 | Shareholder proposal requesting an independent Board Chairman |
| Lowe's Companies, Inc. | 29 May 2026 | Shareholder Proposal requesting an independent board chairman. |
| Comcast Corporation | 10 Jun 2026 | Adopt policy to have an independent chair |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
Shares on loan
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST reported 74.5 million shares on loan at record dates against 4.01 billion shares voted: 1.82% 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
17 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| Franklin Allocation VIP Fund | 6,703 | 5.7% | 90.6% | 30.4% |
| Templeton Developing Markets VIP Fund | 1,076 | 9.4% | not reported | 84.6% |
| Franklin Mutual Global Discovery VIP Fund | 967 | 6.5% | 71.4% | 29.8% |
| Franklin Small Cap Value VIP Fund | 943 | 9.3% | 92.6% | 87.5% |
| Franklin DynaTech VIP Fund | 934 | 14.9% | 84.1% | 36.1% |
| Templeton Growth VIP Fund | 934 | 7.5% | 84.0% | 24.6% |
| Franklin Growth & Income VIP Fund | 907 | 4.9% | 87.7% | 29.7% |
| Franklin Income VIP Fund | 891 | 2.4% | 94.1% | 16.3% |
| Templeton Foreign VIP Fund | 881 | 5.6% | not reported | 5.3% |
| Franklin Global Real Estate VIP Fund | 851 | 4.7% | 93.5% | not reported |
| Franklin Rising Dividends VIP Fund | 811 | 5.3% | 98.2% | 31.6% |
| Franklin Mutual Shares VIP Fund | 775 | 6.3% | 88.4% | 30.5% |
| Franklin Large Cap Growth VIP Fund | 717 | 12.7% | 81.1% | 34.3% |
| Franklin Small-Mid Cap Growth VIP Fund | 687 | 10.2% | 93.5% | 80.0% |
| Franklin Gold and Precious Metals VIP Fund | 375 | 9.4% | not reported | not reported |
| Franklin VolSmart Allocation VIP Fund | 333 | 8.7% | 96.2% | 34.6% |
| Franklin Strategic Income VIP Fund | 9 | 0.0% | not reported | not 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.
- N-PX filed 21 Aug 2026 accession 0001193125-26-360738
- Every N-PX filing by this filer on EDGAR
Questions
How did FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST vote on executive pay?
In the year to 30 June 2026 FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST reported 785 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 702 were for (89.4%), 83 against and 0 abstentions. Counting one item per company meeting, it voted against management on 41 of the 459 say-on-pay items it marked either way.
How often does FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST vote against management?
7.0% of the time in the year to 30 June 2026: 1,292 of the 18,504 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 FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 222 votes on proposals from security holders in the year to 30 June 2026 and voted for 9 of them (4.1%). Across every category it voted for 30.9% 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 FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST (filer no. 837274), 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.