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Industrial Logistics Properties Trust 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Industrial Logistics Properties Trust’s Form 8-K, filed June 10, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 11Reported items
  • 165Asset managers
  • 1,607Fund votes
  • June 9, 2026Meeting date

Results at a glance

Meeting of June 9, 2026: 9 items on Industrial Logistics Properties Trust’s Form 8-K, filed June 10, 2026: 7 elected · 2 without a stated outcome.

Material dissent

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

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

Explore Industrial Logistics Properties Trust in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Industrial Logistics Properties Trust

These tallies are Industrial Logistics Properties Trust’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 10, 2026 (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.

Industrial Logistics Properties Trust — official shareholder meeting results, meeting held June 9, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Yael Duffy 28,139,897---- 564,16821,001,576 98%Elected—
Elect Director: Bruce M. Gans, M.D. 28,001,382---- 702,68321,001,576 98%Elected—
Elect Director: Lisa Harris Jones 20,340,412---- 8,363,65321,001,576 71%Elected—
Elect Director: Joseph L. Morea 28,008,221---- 695,84421,001,576 98%Elected—
Elect Director: Kevin C. Phelan 22,825,939---- 5,878,12621,001,576 80%Elected—
Elect Director: Adam Portnoy 20,062,742---- 8,641,32321,001,576 70%Elected—
Elect Director: June S. Youngs 27,989,472---- 714,59321,001,576 98%Elected—
The Company's shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the Company's proxy statement relating to the Annual Meeting. T 27,102,7941,201,163400,108 --21,001,576 96%Not verified—
The Company's shareholders also voted on a non-binding advisory vote on the frequency of future shareholder advisory votes to approve executive compensation. This proposal received the following votes: 49,402,172255,51047,959 ---- 99.4%Not verified—

Source: Industrial Logistics Properties Trust, Form 8-K, filed with the SEC on June 10, 2026 — read the filing on EDGAR.

How asset managers voted at the Industrial Logistics Properties Trust 2025-2026 meeting

Each item below shows how the 165 asset managers that disclosed a Industrial Logistics Properties Trust 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 Industrial Logistics Properties Trust’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. Elect Director: Adam Portnoy

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

70% Majority: yes · of votes cast

FOR 70%WITHHELD
FOR: 20,062,742WITHHELD: 8,641,323
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Managing Trustee): Adam Portnoy

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: Adam Portnoy”): 20,062,742 for, 8,641,323 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 70% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 6,656,573 for, 2,038,375 withheld, 15,377 abstained.

FORWITHHOLD
FOR: 6,656,573ABSTAIN: 15,377WITHHOLD: 2,038,375
Largest asset managers voting on “Election of Trustees: Nominees (for Managing Trustee): Adam Portnoy” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,822,1660 2310,450For
BlackRock2,511,5390 00For
Fidelity11,6090 01,155,242Withhold
Charles Schwab468,2120 00For
Thrivent00 0283,439Withhold
Russell Investments00 0217,159Withhold
Equitable96,5460 032,760Mixed
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA00 073,579Withhold
Goldman Sachs66,9910 00For
WisdomTree64,9710 00For
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional00 058,382Withhold
EA Series Trust46,7380 00For
Voya00 042,860Withhold
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust00 034,214Withhold
AIG/SunAmerica00 028,774Withhold
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

2. Elect Director: Bruce M. Gans, M.D.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 28,001,382WITHHELD: 702,683
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Independent Trustee): Bruce M. Gans

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: Bruce M. Gans, M.D.”): 28,001,382 for, 702,683 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 8,705,756 for, 4,567 withheld, 1 abstained.

FOR
FOR: 8,705,756ABSTAIN: 1WITHHOLD: 4,567
Largest asset managers voting on “Election of Trustees: Nominees (for Independent Trustee): Bruce M. Gans” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,828,3690 14,268For
BlackRock2,511,5390 00For
Fidelity1,166,8510 00For
Charles Schwab468,2120 00For
Thrivent283,4390 00For
Russell Investments217,1590 00For
Equitable129,3060 00For
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree64,9710 00For
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional58,3820 00For
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica28,7740 00For
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

3. Elect Director: Joseph L. Morea

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 28,008,221WITHHELD: 695,844
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Independent Trustee): Joseph L. Morea

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: Joseph L. Morea”): 28,008,221 for, 695,844 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 8,705,756 for, 4,567 withheld, 1 abstained.

FOR
FOR: 8,705,756ABSTAIN: 1WITHHOLD: 4,567
Largest asset managers voting on “Election of Trustees: Nominees (for Independent Trustee): Joseph L. Morea” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,828,3690 14,268For
BlackRock2,511,5390 00For
Fidelity1,166,8510 00For
Charles Schwab468,2120 00For
Thrivent283,4390 00For
Russell Investments217,1590 00For
Equitable129,3060 00For
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree64,9710 00For
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional58,3820 00For
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica28,7740 00For
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

4. Elect Director: June S. Youngs

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 27,989,472WITHHELD: 714,593
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Independent Trustee): June S. Youngs

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: June S. Youngs”): 27,989,472 for, 714,593 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 8,705,756 for, 4,567 withheld, 1 abstained.

FOR
FOR: 8,705,756ABSTAIN: 1WITHHOLD: 4,567
Largest asset managers voting on “Election of Trustees: Nominees (for Independent Trustee): June S. Youngs” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,828,3690 14,268For
BlackRock2,511,5390 00For
Fidelity1,166,8510 00For
Charles Schwab468,2120 00For
Thrivent283,4390 00For
Russell Investments217,1590 00For
Equitable129,3060 00For
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree64,9710 00For
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional58,3820 00For
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica28,7740 00For
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

5. Elect Director: Kevin C. Phelan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

80% Majority: yes · of votes cast

FOR 80%WITHHELD
FOR: 22,825,939WITHHELD: 5,878,126
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Independent Trustee): Kevin C. Phelan

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: Kevin C. Phelan”): 22,825,939 for, 5,878,126 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 80% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 8,126,129 for, 568,835 withheld, 15,360 abstained.

FOR
FOR: 8,126,129ABSTAIN: 15,360WITHHOLD: 568,835
Largest asset managers voting on “Election of Trustees: Nominees (for Independent Trustee): Kevin C. Phelan” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,824,1540 168,468For
BlackRock2,511,5390 00For
Fidelity1,165,3510 01,500For
Charles Schwab468,2120 00For
Thrivent00 0283,439Withhold
Russell Investments217,1590 00For
Equitable96,5460 032,760Mixed
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree00 064,971Withhold
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional00 058,382Withhold
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica00 028,774Withhold
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

6. Elect Director: Lisa Harris Jones

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

71% Majority: yes · of votes cast

FOR 71%WITHHELD
FOR: 20,340,412WITHHELD: 8,363,653
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Independent Trustee): Lisa Harris Jones

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: Lisa Harris Jones”): 20,340,412 for, 8,363,653 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 71% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 6,871,812 for, 1,823,147 withheld, 15,365 abstained.

FORWITHHOLD
FOR: 6,871,812ABSTAIN: 15,365WITHHOLD: 1,823,147
Largest asset managers voting on “Election of Trustees: Nominees (for Independent Trustee): Lisa Harris Jones” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,824,1490 218,468For
BlackRock2,511,5390 00For
Fidelity11,6090 01,155,242Withhold
Charles Schwab468,2120 00For
Thrivent00 0283,439Withhold
Russell Investments217,1590 00For
Equitable96,5460 032,760Mixed
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree00 064,971Withhold
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional00 058,382Withhold
EA Series Trust46,7380 00For
Voya00 042,860Withhold
Prudential/PGIM42,6000 00For
Lincoln Financial00 036,100Withhold
Northern Trust34,2140 00For
AIG/SunAmerica00 028,774Withhold
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

7. Elect Director: Yael Duffy

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 28,139,897WITHHELD: 564,168
Details: description as filed, official tally, votes by 47 asset managers

Description as filed by funds: Election of Trustees: Nominees (for Managing Trustee): Yael Duffy

Industrial Logistics Properties Trust’s own tally for this item (“Elect Director: Yael Duffy”): 28,139,897 for, 564,168 withheld, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “The following persons were elected as Trustees and received the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 47 asset managers below reported 8,710,323 for, 1 abstained.

FOR
FOR: 8,710,323ABSTAIN: 1
Largest asset managers voting on “Election of Trustees: Nominees (for Managing Trustee): Yael Duffy” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,832,6370 10For
BlackRock2,511,5390 00For
Fidelity1,166,8510 00For
Charles Schwab468,2120 00For
Thrivent283,4390 00For
Russell Investments217,1590 00For
Equitable129,3060 00For
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree64,9710 00For
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional58,3820 00For
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica28,7740 00For
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

8. The Company's shareholders also voted on a non-binding advisory vote on the frequency of future shareholder advisory…

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 49,402,172AGAINST: 255,510
Details: description as filed, official tally, votes by 165 asset managers

Description as filed by funds: Advisory vote on the frequency of future advisory votes to approve our executive compensation.

Industrial Logistics Properties Trust’s own tally for this item (“The Company's shareholders also voted on a non-binding advisory vote on the frequency of future shareholder advisory votes to approve executive compensation. This proposal received the following votes:”): 49,402,172 for, 255,510 against, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% 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: 48 asset managers voting on “Advisory vote on the frequency of future advisory votes to approve our executive compensation.” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard00 10Abstain
BlackRock00 00--
Fidelity00 00--
Charles Schwab00 00--
Thrivent00 00--
Russell Investments00 00--
Equitable00 00--
QUANTITATIVE MASTER SERIES LLC00 00--
ADVISORS' INNER CIRCLE FUND00 00--
SEI00 00--
TIAA00 00--
Goldman Sachs00 00--
WisdomTree00 00--
OPTIMUM FUND TRUST00 00--
Invesco00 00--
Dimensional00 00--
EA Series Trust00 00--
Voya00 00--
Prudential/PGIM00 00--
Lincoln Financial00 00--
Northern Trust00 00--
AIG/SunAmerica00 00--
Bridge Builder Trust00 00--
Global X00 00--
Pacific Life00 00--

Fund voting reports, all 48 managers: 17,783 for, 1 abstained, 8,629,172 1 year, 63,606 3 year, 71 unknown. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 133 asset managers voting on “Advisory vote on the frequency of future advisory votes to approve our executive compensation.” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 00--
GEODE CAPITAL MANAGEMENT, LLC00 00--
DE Shaw00 00--
UMB Bank, n.a.00 00--
State Street00 00--
Union Square Park Capital Management, LLC00 00--
LSV ASSET MANAGEMENT00 00--
Two Sigma00 00--
Charles Schwab00 00--
Vanguard00 00--
Northern Trust00 00--
Thrivent00 00--
Russell Investments00 00--
Point7200 00--
Prudential/PGIM00 00--
ALGERT GLOBAL LLC00 193,4400Abstain
Goldman Sachs00 00--
MELLON INVESTMENTS Corp00 00--
Renaissance00 00--
ACADIAN ASSET MANAGEMENT LLC00 00--
MARSHALL WACE, LLP00 00--
D.A. DAVIDSON & CO.00 00--
CORSAIR CAPITAL MANAGEMENT, L.P.00 00--
STATE OF WISCONSIN INVESTMENT BOARD00 00--
Dimensional00 00--

Institutional-manager reports, all 133 managers: 14,640 for, 200,758 abstained, 15,168,832 1 year, 105,333 3 year, 2,219 unknown. Showing the 25 largest; see all in the interactive database.

9. Advisory vote to approve executive compensation.

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

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 162 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: 48 asset managers voting on “Advisory vote to approve executive compensation.” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,832,6343 10For
BlackRock2,511,5390 00For
Fidelity1,166,8510 00For
Charles Schwab468,2120 00For
Thrivent283,4390 00For
Russell Investments217,1590 00For
Equitable129,3060 00For
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree064,971 00Against
OPTIMUM FUND TRUST63,7890 00For
Invesco062,563 00Against
Dimensional58,3820 00For
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica28,7740 00For
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Fund voting reports, all 48 managers: 8,578,327 for, 132,305 against, 1 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 131 asset managers voting on “Advisory vote to approve executive compensation.” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,985,2834,436 7770For
Flat Footed LLC1,517,0190 00For
GEODE CAPITAL MANAGEMENT, LLC1,356,8540 00For
DE Shaw1,334,8690 00For
UMB Bank, n.a.1,280,1500 00For
State Street973,642631 00For
Union Square Park Capital Management, LLC770,0000 00For
LSV ASSET MANAGEMENT659,2830 00For
Two Sigma500,2820 00For
Charles Schwab468,2470 00For
Vanguard428,5260 00For
Northern Trust384,8455,097 00For
Thrivent294,0550 00For
Russell Investments222,8900 00For
Point72208,4460 00For
Prudential/PGIM204,5800 00For
Goldman Sachs189,7950 00For
MELLON INVESTMENTS Corp0174,549 00Against
Renaissance170,3220 00For
ACADIAN ASSET MANAGEMENT LLC168,2400 00For
MARSHALL WACE, LLP166,9280 00For
D.A. DAVIDSON & CO.126,6000 00For
CORSAIR CAPITAL MANAGEMENT, L.P.126,5490 00For
STATE OF WISCONSIN INVESTMENT BOARD121,0050 00For
Dimensional105,3330 00For

Institutional-manager reports, all 131 managers: 16,338,457 for, 452,095 against, 777 abstained, 14,495 1 year. Showing the 25 largest; see all in the interactive database.

10. The Company's shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company's…

Outcome not verifiedSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

96% Majority: yes · of votes cast

FOR 96%
FOR: 27,102,794AGAINST: 1,201,163
Details: description as filed, official tally, votes by 3 asset managers

Description as filed by funds: Advisory Vote to Ratify Named Executive Officers' Compensation

Industrial Logistics Properties Trust’s own tally for this item (“The Company's shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the Company's proxy sta”): 27,102,794 for, 1,201,163 against, per its Form 8-K filed June 10, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 3 asset managers below reported 2,219 for, 200,758 abstained.

ABSTAIN
FOR: 2,219ABSTAIN: 200,758
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
ALGERT GLOBAL LLC00 193,4400Abstain
MANGROVE PARTNERS IM, LLC00 7,3180Abstain
Convergence Investment Partners, LLC2,2190 00For

11. RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS TO SERVE FOR THE 2026 FISCAL YEAR.

No official matchAUDIT-RELATED

99.9% of fund votes cast · no official result

FOR
Details: votes by 47 asset managers

The 47 asset managers below reported 8,710,323 for, 1 against. 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: 8,710,323AGAINST: 1
Largest asset managers voting on “RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS TO SERVE FOR THE 2026 FISCAL ” at Industrial Logistics Properties Trust, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,832,6371 00For
BlackRock2,511,5390 00For
Fidelity1,166,8510 00For
Charles Schwab468,2120 00For
Thrivent283,4390 00For
Russell Investments217,1590 00For
Equitable129,3060 00For
QUANTITATIVE MASTER SERIES LLC91,4340 00For
ADVISORS' INNER CIRCLE FUND85,2000 00For
SEI73,7000 00For
TIAA73,5790 00For
Goldman Sachs66,9910 00For
WisdomTree64,9710 00For
OPTIMUM FUND TRUST63,7890 00For
Invesco62,5630 00For
Dimensional58,3820 00For
EA Series Trust46,7380 00For
Voya42,8600 00For
Prudential/PGIM42,6000 00For
Lincoln Financial36,1000 00For
Northern Trust34,2140 00For
AIG/SunAmerica28,7740 00For
Bridge Builder Trust25,3490 00For
Global X24,3230 00For
Pacific Life22,6910 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

Largest Industrial Logistics Properties Trust 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, shown as a share of the 66,665,471 shares outstanding at the time of that meeting.

Fund voting reports: top Industrial Logistics Properties Trust shareholders by shares voted on “Advisory vote on the frequency of future advisory votes to approve our executive compensation.”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 4.25%
2BlackRock 3.77%
3Fidelity 1.75%
4Charles Schwab 0.70%
5Thrivent 0.43%
6Russell Investments 0.33%
7Equitable 0.19%
8QUANTITATIVE MASTER SERIES LLC 0.14%
9ADVISORS' INNER CIRCLE FUND 0.13%
10SEI 0.11%
Institutional-manager reports: top Industrial Logistics Properties Trust shareholders by shares voted on “Advisory vote on the frequency of future advisory votes to approve our executive compensation.”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 4.49%
2GEODE CAPITAL MANAGEMENT, LLC 2.04%
3DE Shaw 2.00%
4UMB Bank, n.a. 1.92%
5State Street 1.46%
6Union Square Park Capital Management, LLC 1.16%
7LSV ASSET MANAGEMENT 0.99%
8Two Sigma 0.75%
9Charles Schwab 0.70%
10Vanguard 0.64%

Reported Industrial Logistics Properties Trust holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

Industrial Logistics Properties Trust holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
MCB LP Acquisitions LLC (“MCB”) 9.60% DEF14A
BlackRock 8.20% 13F
BlackRock, Inc. (“Blackrock”) 7.44% DEF14A
Vanguard Group 4.86% 13F
Geode Capital 2.10% 13F
D.E. Shaw 2.07% 13F
State Street 1.74% 13F
Dimensional Fund Advisors 1.08% 13F
Two Sigma 0.93% 13F
Charles Schwab 0.71% 13F

Percentages above are of 66,665,471 shares outstanding, as reported by Industrial Logistics Properties Trust on its Form 10-Q dated April 27, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

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. Shares outstanding are taken from Industrial Logistics Properties Trust’s 10-Q dated April 27, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At Industrial Logistics Properties Trust's shareholder meeting held June 9, 2026, in the 2025-2026 proxy season, 165 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,607 separate fund positions. Their filings are grouped here into 11 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 — Advisory vote on the frequency of future advisory votes to approve our executive compensation. — FOR was 99.4% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Industrial Logistics Properties Trust's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 10, 2026.

Industrial Logistics Properties Trust proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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