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Akero Therapeutics, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Akero Therapeutics, Inc.’s Form 8-K, filed December 3, 2025 (Item 5.07 on EDGAR). Page generated October 13, 2026.

  • 4Reported items
  • 274Asset managers
  • 944Fund votes
  • December 2, 2025Meeting date

Results at a glance

Meeting of December 2, 2025: 2 items on Akero Therapeutics, Inc.’s Form 8-K, filed December 3, 2025: 2 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Akero Therapeutics, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Akero Therapeutics, Inc.

These tallies are Akero Therapeutics, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed December 3, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Akero Therapeutics, Inc. — official shareholder meeting results, meeting held December 2, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
1. The Merger Proposal To adopt the Agreement and Plan of Merger (as may be amended, modified or supplemented from time to time, the " Merger Agreement "), dated October 9, 2025, by and among the Company, Parent, and NN Invest Sub, Inc, a Delaware corporation 66,887,60091,36150,147 --0 99.8%Approved—
2. The Compensation Proposal To approve, on an advisory, non-binding basis, the payment of certain compensation that may be paid or become payable by the Company to its named executive officers in connection with the Merger 65,621,0661,316,70891,334 --0 98%Approved—

Source: Akero Therapeutics, Inc., Form 8-K, filed with the SEC on December 3, 2025 — read the filing on EDGAR.

How asset managers voted at the Akero Therapeutics, Inc. 2025-2026 meeting

Each item below shows how the 274 asset managers that disclosed a Akero Therapeutics, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Akero Therapeutics, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. 1. The Merger Proposal To adopt the Agreement and Plan of Merger (as may be amended, modified or supplemented from time…

Official resultEXTRAORDINARY TRANSACTIONSReported outcome: Approved

Combines 8 wordings of this item as funds reported it.

99.8% Approved · of votes cast

FOR 99.8%
FOR: 66,887,600AGAINST: 91,361
Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: To adopt the Agreement and Plan of Merger (as may be amended, modified or supplemented from time to time, the "Merger Agreement"), dated October 9, 2025, by and among Akero Therapeutics, Inc., a Delaware corporation ("Akero"), Novo Nordisk A/S, a Danish aktieselskab ("Parent"), and NN Invest Sub, Inc, a Delaware corporation and a direct or indirect wholly owned subsidiary of Parent ("Merger Sub"), including the form of contingent value rights agreement (the "CVR Agreement") to be entered into at or immediately prior to the effective time of the Merger by a direct or indirect wholly owned subsidiary of Parent designated in the CVR Agreement, a rights agent selected by Parent and reasonably acceptable to Akero and, solely with respect to Section 6.11 of the CVR Agreement, Parent, subject to changes permitted by the Merger Agreement, pursuant to which Merger Sub will merge with and into Akero (the "Merger"), and Akero will become a direct or indirect wholly owned subsidiary of Parent.

Akero Therapeutics, Inc.’s own tally for this item (“1. The Merger Proposal To adopt the Agreement and Plan of Merger (as may be amended, modified or supplemented from time to time, the " Merger Agreement "), dated October 9, 2025, by and among the Company, Parent, and NN ”): 66,887,600 for, 91,361 against — passed, per its Form 8-K filed December 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 1: The Merger Proposal To adopt the Agreement and Plan of Merger (as may be amended, modified or supplemented from time to time, the " Merger Agreement "), dated October 9, 2025, by and among the Company, Parent, and NN Invest Sub, Inc, a Delaware corporation and a direct or indirect wholl…”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 17,308,580 for, 70,867 against.

FOR
FOR: 17,308,580AGAINST: 70,867
Largest asset managers voting on “To adopt the Agreement and Plan of Merger (as may be amended, modified or supplemented from time to time, the ” at Akero Therapeutics, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,857,5860 00For
BlackRock2,861,3940 00For
State Street1,786,8180 00For
Fidelity1,609,1390 00For
JANUS INVESTMENT FUND1,371,3200 00For
ACAP Strategic Fund884,5720 00For
Charles Schwab605,4360 00For
American Century530,1690 00For
Manager Directed Portfolios369,8960 00For
Dimensional366,0610 00For
Loomis Sayles290,7880 00For
Advantage Advisers Xanthus Fund, L.L.C.256,6270 00For
NEXPOINT FUNDS I214,3000 00For
ARBITRAGE FUNDS213,5760 00For
Equitable163,4700 00For
TIAA154,7170 00For
Simplify Exchange Traded Funds145,6090 00For
Calamos125,6480 00For
GMO116,5240 00For
QUANTITATIVE MASTER SERIES LLC116,4980 00For
Direxion Shares ETF Trust103,5680 00For
Hartford102,9340 00For
Lincoln Financial97,2040 00For
AIG/SunAmerica87,3310 00For
Brighthouse86,4360 00For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

2. TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES IF THERE…

No official matchCORPORATE GOVERNANCE

89% of fund votes cast · no official result

FOR
Details: description as filed, votes by 75 asset managers

Description as filed by funds: TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT SUFFICIENT VOTES IN FAVOR OF THE ADOPTION OF THE MERGER AGREEMENT AT THE TIME OF THE SPECIAL MEETING.

The 75 asset managers below reported 15,432,744 for, 1,941,206 against, 5,496 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,432,744AGAINST: 1,941,206ABSTAIN: 5,496
Largest asset managers voting on “TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES ” at Akero Therapeutics, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,857,5860 00For
BlackRock2,861,3940 00For
State Street6,7161,780,102 00Against
Fidelity1,609,1390 00For
JANUS INVESTMENT FUND1,371,3200 00For
ACAP Strategic Fund884,5720 00For
Charles Schwab605,4360 00For
American Century530,1690 00For
Manager Directed Portfolios369,8960 00For
Dimensional366,0610 00For
Loomis Sayles290,7880 00For
Advantage Advisers Xanthus Fund, L.L.C.256,6270 00For
NEXPOINT FUNDS I214,3000 00For
ARBITRAGE FUNDS213,5760 00For
Equitable163,4700 00For
TIAA154,7170 00For
Simplify Exchange Traded Funds145,6090 00For
Calamos125,6480 00For
GMO116,5240 00For
QUANTITATIVE MASTER SERIES LLC116,4980 00For
Direxion Shares ETF Trust103,5680 00For
Hartford102,9340 00For
Lincoln Financial46,80450,400 00Mixed
AIG/SunAmerica87,3310 00For
Brighthouse80,9400 5,4960Mixed

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

3. 2. The Compensation Proposal To approve, on an advisory, non-binding basis, the payment of certain compensation that…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 8 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%
FOR: 65,621,066AGAINST: 1,316,708
Details: description as filed, official tally, votes by 269 asset managers

Description as filed by funds: To approve, on an advisory, non- binding basis, the payment of certain compensation that may be paid or become payable by Akero to its named executive officers in connection with the Merger.

Akero Therapeutics, Inc.’s own tally for this item (“2. The Compensation Proposal To approve, on an advisory, non-binding basis, the payment of certain compensation that may be paid or become payable by the Company to its named executive officers in connection with the Mer”): 65,621,066 for, 1,316,708 against — passed, per its Form 8-K filed December 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The following advisory votes were cast at the Special Meeting (in person or by proxy) and the non-binding proposal was approved:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 73 asset managers voting on “To approve, on an advisory, non- binding basis, the payment of certain compensation that may be paid or become” at Akero Therapeutics, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,857,5805 00For
BlackRock2,861,3940 00For
State Street1,784,7962,022 00For
Fidelity1,609,1390 00For
JANUS INVESTMENT FUND1,371,3200 00For
ACAP Strategic Fund884,5720 00For
Charles Schwab605,4360 00For
American Century529,855314 00For
Manager Directed Portfolios369,8960 00For
Dimensional366,0610 00For
Loomis Sayles290,7880 00For
Advantage Advisers Xanthus Fund, L.L.C.256,6270 00For
NEXPOINT FUNDS I214,3000 00For
ARBITRAGE FUNDS213,5760 00For
Equitable110,05053,420 00Mixed
TIAA0154,717 00Against
Simplify Exchange Traded Funds00 145,6090Abstain
Calamos125,6480 00For
GMO116,5240 00For
QUANTITATIVE MASTER SERIES LLC116,4980 00For
Direxion Shares ETF Trust103,5680 00For
Hartford102,9340 00For
Lincoln Financial97,2040 00For
AIG/SunAmerica87,3310 00For
Brighthouse80,9400 5,4960Mixed

Fund voting reports, all 73 managers: 16,851,972 for, 305,354 against, 151,105 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 213 asset managers voting on “To approve, on an advisory, non- binding basis, the payment of certain compensation that may be paid or become” at Akero Therapeutics, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Janus Henderson8,375,0990 00For
RTW INVESTMENTS, LP5,873,3050 00For
GENERAL ATLANTIC, L.P.5,733,9890 00For
ADAGE CAPITAL PARTNERS GP, L.L.C.4,000,0000 00For
GLAZER CAPITAL, LLC3,096,2100 00For
BlackRock2,406,033340 00For
Deep Track Capital, LP2,332,7450 00For
Fidelity2,279,4320 00For
GEODE CAPITAL MANAGEMENT, LLC1,786,5170 00For
State Street1,336,5561,055 00For
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP1,318,9020 00For
MPM BioImpact LLC1,125,3590 00For
Logos Global Management LP1,000,0000 00For
PERCEPTIVE ADVISORS LLC763,5230 00For
ALKEON CAPITAL MANAGEMENT LLC748,7410 00For
Hudson Bay Capital Management LP745,6150 00For
Rock Springs Capital Management LP624,5260 00For
Hood River Capital Management LLC619,8210 00For
Charles Schwab605,4900 00For
American Century584,1761,178 00For
Gabelli557,7380 00For
Loomis Sayles509,6250 00For
Redmile Group, LLC487,0130 00For
Northern Trust2,111474,117 00Against
ALPINE ASSOCIATES MANAGEMENT INC.463,8310 00For

Institutional-manager reports, all 213 managers: 54,385,647 for, 1,073,930 against, 14 abstained, 11,353 not voted. Showing the 25 largest; see all in the interactive database.

4. Advisory Vote on Golden Parachutes

No official matchFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

1% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 6 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 1 asset manager voting on “Advisory Vote on Golden Parachutes” at Akero Therapeutics, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan021,926 00Against

Fund voting reports, all 1 managers: 21,926 against.

Institutional-manager reports: 4 asset managers voting on “Advisory Vote on Golden Parachutes” at Akero Therapeutics, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Impact Investors, Inc0410 00Against
TD Waterhouse Canada Inc.2000 00For
BlackRock760 00For
Coyle Financial Counsel LLC140 00For

Institutional-manager reports, all 4 managers: 290 for, 410 against.

Largest Akero Therapeutics, Inc. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Akero Therapeutics, Inc. shareholders by shares voted on “To approve, on an advisory, non- binding basis, the payment of certain compensation that may be…”, 2025-2026
#Asset manager Shares voted
1Vanguard 3,857,586
2BlackRock 2,861,394
3State Street 1,786,818
4Fidelity 1,609,139
5JANUS INVESTMENT FUND 1,371,320
6ACAP Strategic Fund 884,572
7Charles Schwab 605,436
8American Century 530,169
9Manager Directed Portfolios 369,896
10Dimensional 366,061
Institutional-manager reports: top Akero Therapeutics, Inc. shareholders by shares voted on “To approve, on an advisory, non- binding basis, the payment of certain compensation that may be…”, 2025-2026
#Asset manager Shares voted
1Janus Henderson 8,375,099
2RTW INVESTMENTS, LP 5,873,305
3GENERAL ATLANTIC, L.P. 5,733,989
4ADAGE CAPITAL PARTNERS GP, L.L.C. 4,000,000
5GLAZER CAPITAL, LLC 3,096,210
6BlackRock 2,406,373
7Deep Track Capital, LP 2,332,745
8Fidelity 2,279,432
9GEODE CAPITAL MANAGEMENT, LLC 1,786,517
10State Street 1,337,611

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Akero Therapeutics, Inc. for the 2025-2026 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.

At Akero Therapeutics, Inc.'s shareholder meeting held December 2, 2025, in the 2025-2026 proxy season, 274 asset managers reported how they voted in their SEC Form N-PX filings, covering 944 separate fund positions. Their filings are grouped here into 4 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on an advisory, non- binding basis, the payment of certain compensation that may be… — Akero Therapeutics, Inc.'s filing reports the proposal as approved, with 98% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Akero Therapeutics, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on December 3, 2025.

Akero Therapeutics, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.