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Form N-PX · fund seriesSEC series no. S000003888

Putnam VT Small Cap Value

A series of PUTNAM VARIABLE TRUST

Vote records
1,095year to 30 June 2026
Against management
7.9%85 of 1,082 marked votes
Say-on-pay support
91.1%for, of for + against + abstain
Shareholder-proposal support
not reportedfor, of for + against + abstain

Putnam VT Small Cap Value is a series of PUTNAM VARIABLE TRUST. For the year to 30 June 2026 its registrant reported 1,095 vote records for the series; 7.9% of the votes marked for or against management went against management. It voted for 91.1% of say-on-pay items and for 0.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFranklin TempletonMedian fund registrant
Against-management share7.9%7.2%10.1%6.2%
Say-on-pay support rate91.1%93.0%90.4%91.6%
Shareholder-proposal support ratenot reported11.7%43.4%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS772713297.6%
SECTION 14A SAY-ON-PAY VOTES1099299.2%
AUDIT-RELATED11911900.0%
EXTRAORDINARY TRANSACTIONS7700.0%
CAPITAL STRUCTURE101000.0%
COMPENSATION45291635.6%
CORPORATE GOVERNANCE191900.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1010.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,0998.2%94.7%60.0%
year to 30 June 20251,06710.5%92.3%not reported
year to 30 June 20261,0957.9%91.1%not reported

Questions

How often did Putnam VT Small Cap Value vote against management?

7.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (85 of 1,082).

How did Putnam VT Small Cap Value vote on executive pay?

It voted for 92 of 101 say-on-pay items cast for, against or abstain (91.1%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by PUTNAM VARIABLE TRUST, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by PUTNAM VARIABLE TRUST (filer no. 822671); votes attributed to series S000003888 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.