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Compiled from SEC Form N-PX filings and Merchants Bancorp’s Form 8-K, filed May 21, 2026 (Item 5.07 on EDGAR). Page generated October 25, 2026.
Meeting of May 21, 2026: 14 items on Merchants Bancorp’s Form 8-K, filed May 21, 2026: 14 without a stated outcome.
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
Explore Merchants Bancorp in the interactive database Compare manager voting policies
These tallies are Merchants Bancorp’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 21, 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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Michael F. Petrie | 40,311,603 | -- | -- | 332,210 | 2,093,858 | 99.1% | Not verified | — |
| Elect Director: Tamika D. Catchings | 34,552,845 | -- | -- | 6,120,968 | 2,093,858 | 85% | Not verified | — |
| Elect Director: Michael S. Curless | 40,634,251 | -- | -- | 9,562 | 2,093,858 | 99.9% | Not verified | — |
| Elect Director: Thomas W. Dinwiddie | 40,537,106 | -- | -- | 106,707 | 2,093,858 | 99.7% | Not verified | — |
| Elect Director: Michael J. Dunlap | 40,238,642 | -- | -- | 405,171 | 2,093,858 | 99.0% | Not verified | — |
| Elect Director: Scott A. Evans | 40,238,642 | -- | -- | 405,171 | 2,093,858 | 99.0% | Not verified | — |
| Elect Director: Andrew A. Juster | 34,527,080 | -- | -- | 6,116,733 | 2,093,858 | 85% | Not verified | — |
| Elect Director: Julia L. Kaercher | 39,894,133 | -- | -- | 749,680 | 2,093,858 | 98% | Not verified | — |
| Elect Director: Patrick D. O'Brien | 34,579,661 | -- | -- | 6,064,152 | 2,093,858 | 85% | Not verified | — |
| Elect Director: Randall D. Rogers, Jr. | 40,497,823 | -- | -- | 145,990 | 2,093,858 | 99.6% | Not verified | — |
| Elect Director: Anne E. Sellers | 33,951,013 | -- | -- | 6,692,800 | 2,093,858 | 84% | Not verified | — |
| Elect Director: Mark E. Shaffer | 40,600,459 | -- | -- | 43,354 | 2,093,858 | 99.8% | Not verified | — |
| 2. A non-binding, advisory vote on the compensation of the Company's named executive officers; and | 38,671,751 | 1,947,562 | 24,500 | -- | 2,093,858 | 95% | Not verified | — |
| 3. Ratification of the appointment of Forvis Mazars, LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2026 | 42,714,503 | 18,347 | 4,821 | -- | 0 | 99.9% | Not verified | — |
Source: Merchants Bancorp, Form 8-K, filed with the SEC on May 21, 2026 — read the filing on EDGAR.
Each item below shows how the 204 asset managers that disclosed a Merchants Bancorp 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.
Combines 8 wordings of this item as funds reported it.
85% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Andrew A. Juster
Merchants Bancorp’s own tally for this item (“Elect Director: Andrew A. Juster”): 34,527,080 for, 6,116,733 withheld, per its Form 8-K filed May 21, 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: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 5,888,741 for, 2,786,828 withheld, 20,359 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,482,341 | 0 | 17 | 2,984 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 1,077,083 | Withhold |
| American Century | 0 | 0 | 0 | 697,485 | Withhold |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 0 | 395,559 | Withhold |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 115,592 | Withhold |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 0 | 0 | 0 | 75,900 | Withhold |
| Columbia Threadneedle | 0 | 0 | 0 | 71,864 | Withhold |
| Principal | 0 | 0 | 0 | 71,427 | Withhold |
| Prudential/PGIM | 24,100 | 0 | 0 | 38,709 | Mixed |
| Jackson National | 46,581 | 0 | 9,820 | 0 | Mixed |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 0 | 0 | 0 | 53,233 | Withhold |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 0 | 0 | 43,931 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,814 | 0 | 0 | 17,586 | Mixed |
| JAMES ADVANTAGE FUNDS | 0 | 0 | 0 | 23,196 | Withhold |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
84% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Anne E. Sellers
Merchants Bancorp’s own tally for this item (“Elect Director: Anne E. Sellers”): 33,951,013 for, 6,692,800 withheld, per its Form 8-K filed May 21, 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: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 5,391,534 for, 3,284,034 withheld, 20,360 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,324 | 0 | 18 | 0 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 1,077,083 | Withhold |
| American Century | 0 | 0 | 0 | 697,485 | Withhold |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 5,822 | 0 | 0 | 473,481 | Withhold |
| Dimensional | 0 | 0 | 0 | 395,559 | Withhold |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 115,592 | Withhold |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 0 | 0 | 0 | 75,900 | Withhold |
| Columbia Threadneedle | 0 | 0 | 0 | 71,864 | Withhold |
| Principal | 0 | 0 | 0 | 71,427 | Withhold |
| Prudential/PGIM | 24,100 | 0 | 0 | 38,709 | Mixed |
| Jackson National | 46,581 | 0 | 9,820 | 0 | Mixed |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 0 | 0 | 0 | 53,233 | Withhold |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 0 | 0 | 43,931 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 0 | 0 | 35,400 | Withhold |
| JAMES ADVANTAGE FUNDS | 0 | 0 | 0 | 23,196 | Withhold |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Julia L. Kaercher
Merchants Bancorp’s own tally for this item (“Elect Director: Julia L. Kaercher”): 39,894,133 for, 749,680 withheld, per its Form 8-K filed May 21, 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: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,347,091 for, 348,731 withheld, 106 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,482,355 | 0 | 3 | 2,984 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 0 | 0 | 235,880 | Withhold |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 38,709 | 0 | 0 | 24,100 | Mixed |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 0 | 0 | 0 | 54,751 | Withhold |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 49,276 | 0 | 0 | 0 | For |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Mark E. Shaffer
Merchants Bancorp’s own tally for this item (“Elect Director: Mark E. Shaffer”): 40,600,459 for, 43,354 withheld, per its Form 8-K filed May 21, 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: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,695,928 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 49,276 | 0 | 0 | 0 | For |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.1% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michael F. Petrie
Merchants Bancorp’s own tally for this item (“Elect Director: Michael F. Petrie”): 40,311,603 for, 332,210 withheld, per its Form 8-K filed May 21, 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: 99.1% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,677,141 for, 18,787 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michael J. Dunlap
Merchants Bancorp’s own tally for this item (“Elect Director: Michael J. Dunlap”): 40,238,642 for, 405,171 withheld, per its Form 8-K filed May 21, 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: 99.0% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,525,742 for, 123,605 withheld, 46,581 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 89,778 | Withhold |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 9,820 | 0 | 46,581 | 0 | Mixed |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michael S. Curless
Merchants Bancorp’s own tally for this item (“Elect Director: Michael S. Curless”): 40,634,251 for, 9,562 withheld, per its Form 8-K filed May 21, 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: 99.9% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,695,928 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 49,276 | 0 | 0 | 0 | For |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
85% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Patrick D. O'Brien
Merchants Bancorp’s own tally for this item (“Elect Director: Patrick D. O'Brien”): 34,579,661 for, 6,064,152 withheld, per its Form 8-K filed May 21, 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: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 5,883,345 for, 2,792,224 withheld, 20,359 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,325 | 0 | 17 | 0 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 1,077,083 | Withhold |
| American Century | 0 | 0 | 0 | 697,485 | Withhold |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 0 | 395,559 | Withhold |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 115,592 | Withhold |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 0 | 0 | 0 | 75,900 | Withhold |
| Columbia Threadneedle | 0 | 0 | 0 | 71,864 | Withhold |
| Principal | 0 | 0 | 0 | 71,427 | Withhold |
| Prudential/PGIM | 24,100 | 0 | 0 | 38,709 | Mixed |
| Jackson National | 46,581 | 0 | 9,820 | 0 | Mixed |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 0 | 0 | 0 | 53,233 | Withhold |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 0 | 0 | 43,931 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,814 | 0 | 0 | 17,586 | Mixed |
| JAMES ADVANTAGE FUNDS | 0 | 0 | 0 | 23,196 | Withhold |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.6% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Randall D. Rogers, Jr.
Merchants Bancorp’s own tally for this item (“Elect Director: Randall D. Rogers, Jr.”): 40,497,823 for, 145,990 withheld, per its Form 8-K filed May 21, 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: 99.6% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,695,928 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 49,276 | 0 | 0 | 0 | For |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Scott A. Evans
Merchants Bancorp’s own tally for this item (“Elect Director: Scott A. Evans”): 40,238,642 for, 405,171 withheld, per its Form 8-K filed May 21, 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: 99.0% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,525,742 for, 123,605 withheld, 46,581 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 89,778 | Withhold |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 9,820 | 0 | 46,581 | 0 | Mixed |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
85% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Tamika D. Catchings
Merchants Bancorp’s own tally for this item (“Elect Director: Tamika D. Catchings”): 34,552,845 for, 6,120,968 withheld, per its Form 8-K filed May 21, 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: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 5,891,725 for, 2,783,844 withheld, 20,359 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,325 | 0 | 17 | 0 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 1,077,083 | Withhold |
| American Century | 0 | 0 | 0 | 697,485 | Withhold |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 0 | 395,559 | Withhold |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 115,592 | Withhold |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 0 | 0 | 0 | 75,900 | Withhold |
| Columbia Threadneedle | 0 | 0 | 0 | 71,864 | Withhold |
| Principal | 0 | 0 | 0 | 71,427 | Withhold |
| Prudential/PGIM | 24,100 | 0 | 0 | 38,709 | Mixed |
| Jackson National | 46,581 | 0 | 9,820 | 0 | Mixed |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 0 | 0 | 0 | 53,233 | Withhold |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 0 | 0 | 43,931 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,814 | 0 | 0 | 17,586 | Mixed |
| JAMES ADVANTAGE FUNDS | 0 | 0 | 0 | 23,196 | Withhold |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Thomas W. Dinwiddie
Merchants Bancorp’s own tally for this item (“Elect Director: Thomas W. Dinwiddie”): 40,537,106 for, 106,707 withheld, per its Form 8-K filed May 21, 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: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 65 asset managers below reported 8,676,124 for, 19,804 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 32,656 | 0 | 0 | 16,620 | Mixed |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.
Combines 9 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: A non-binding, advisory vote on the compensation of the Company's Named Executive Officers.
Merchants Bancorp’s own tally for this item (“2. A non-binding, advisory vote on the compensation of the Company's named executive officers; and”): 38,671,751 for, 1,947,562 against, per its Form 8-K filed May 21, 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: 95% 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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,482,352 | 2,989 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 0 | 395,559 | 0 | 0 | Against |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 71,864 | 0 | 0 | Against |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 57,000 | 5,809 | 0 | 0 | Mixed |
| Jackson National | 46,581 | 9,820 | 0 | 0 | Mixed |
| Russell Investments | 0 | 54,751 | 0 | 0 | Against |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 49,276 | 0 | 0 | 0 | For |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 31,952 | 3,448 | 0 | 0 | Mixed |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Fund voting reports, all 65 managers: 8,099,850 for, 593,690 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| NOMURA INVESTMENT MANAGEMENT BUSINESS TRUST | 1,167,112 | 0 | 0 | 0 | For |
| American Century | 735,271 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 478,624 | 0 | 0 | 0 | For |
| BlackRock | 382,028 | 3,935 | 0 | 0 | For |
| BANC FUNDS CO LLC | 275,762 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 261,969 | 0 | 0 | 0 | For |
| Charles Schwab | 252,096 | 0 | 0 | 0 | For |
| Vanguard | 215,596 | 0 | 0 | 0 | For |
| RBC Capital Markets, LLC | 211,366 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 143,898 | 0 | 0 | 0 | For |
| Northern Trust | 124,042 | 779 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 106,081 | 0 | 0 | 0 | For |
| Ballast Asset Management, LP | 94,791 | 0 | 0 | 0 | For |
| MACKENZIE FINANCIAL CORP | 0 | 87,093 | 0 | 0 | Against |
| Russell Investments | 0 | 85,636 | 0 | 0 | Against |
| Dimensional | 0 | 77,908 | 0 | 0 | Against |
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 67,757 | 0 | 0 | 0 | For |
| T. Rowe Price | 63,572 | 0 | 0 | 0 | For |
| SAPIENT CAPITAL LLC | 60,521 | 0 | 0 | 0 | For |
| Brandywine Global Investment Management, LLC | 60,501 | 0 | 0 | 0 | For |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 0 | 56,106 | 0 | 0 | Against |
| Donor Advised Charitable Giving, Inc. | 0 | 0 | 0 | 0 | Not Voted |
| Nuveen | 49,326 | 0 | 0 | 0 | For |
| Legal & General Investment Management America Inc | 0 | 40,046 | 0 | 0 | Against |
| Goldman Sachs | 37,419 | 0 | 0 | 0 | For |
Institutional-manager reports, all 157 managers: 5,225,253 for, 526,281 against, 22,946 abstained, 54,461 not voted. Showing the 25 largest; see all in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: THE RATIFICATION OF THE APPOINTMENT OF FORVIS MAZARS, LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026.
Merchants Bancorp’s own tally for this item (“3. Ratification of the appointment of Forvis Mazars, LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2026”): 42,714,503 for, 18,347 against, per its Form 8-K filed May 21, 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: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 66 asset managers below reported 8,696,725 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 2,480,204 | 0 | 0 | 0 | For |
| Vanguard | 1,485,342 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 1,077,083 | 0 | 0 | 0 | For |
| American Century | 697,485 | 0 | 0 | 0 | For |
| Royce | 550,294 | 0 | 0 | 0 | For |
| Fidelity | 479,303 | 0 | 0 | 0 | For |
| Dimensional | 395,559 | 0 | 0 | 0 | For |
| Charles Schwab | 235,880 | 0 | 0 | 0 | For |
| First Trust | 115,592 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 94,791 | 0 | 0 | 0 | For |
| WisdomTree | 89,778 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 75,900 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 71,864 | 0 | 0 | 0 | For |
| Principal | 71,427 | 0 | 0 | 0 | For |
| Prudential/PGIM | 62,809 | 0 | 0 | 0 | For |
| Jackson National | 56,401 | 0 | 0 | 0 | For |
| Russell Investments | 54,751 | 0 | 0 | 0 | For |
| DWS | 53,233 | 0 | 0 | 0 | For |
| Equitable | 49,276 | 0 | 0 | 0 | For |
| TIAA | 46,257 | 0 | 0 | 0 | For |
| Northern Trust | 44,679 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 43,931 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 43,535 | 0 | 0 | 0 | For |
| Lincoln Financial | 35,400 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 23,196 | 0 | 0 | 0 | For |
Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.
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 45,935,408 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 5.40% |
| 2 | Vanguard | 3.23% |
| 3 | Delaware/Macquarie | 2.34% |
| 4 | American Century | 1.52% |
| 5 | Royce | 1.20% |
| 6 | Fidelity | 1.04% |
| 7 | Dimensional | 0.86% |
| 8 | Charles Schwab | 0.51% |
| 9 | First Trust | 0.25% |
| 10 | UNIFIED SERIES TRUST | 0.21% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | NOMURA INVESTMENT MANAGEMENT BUSINESS TRUST | 2.54% |
| 2 | American Century | 1.60% |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 1.04% |
| 4 | BlackRock | 0.84% |
| 5 | BANC FUNDS CO LLC | 0.60% |
| 6 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 0.57% |
| 7 | Charles Schwab | 0.55% |
| 8 | Vanguard | 0.47% |
| 9 | RBC Capital Markets, LLC | 0.46% |
| 10 | PRINCIPAL GLOBAL INVESTORS | 0.31% |
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.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Michael F. Petrie | 27.38% | 13G |
| BlackRock | 8.82% | 13F |
| Randall D. Rogers, Jr. | 8.22% | 13G |
| Dimensional Fund Advisors | 3.83% | 13F |
| Vanguard Group | 3.08% | 13F |
| State Street | 2.25% | 13F |
| Geode Capital | 1.58% | 13F |
| Northern Trust | 0.62% | 13F |
| Morgan Stanley | 0.55% | 13F |
| Charles Schwab | 0.54% | 13F |
Percentages above are of 45,935,408 shares outstanding, as reported by Merchants Bancorp on its Form 10-Q dated March 31, 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.
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 Merchants Bancorp’s 10-Q dated March 31, 2026. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.
At Merchants Bancorp's shareholder meeting held May 21, 2026, in the 2025-2026 proxy season, 204 asset managers reported how they voted on 14 ballot items in their SEC Form N-PX filings, covering 3,242 separate fund positions. On the most widely held item on that ballot — A non-binding, advisory vote on the compensation of the Company's Named Executive Officers. — FOR was 95% 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: Merchants Bancorp's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 21, 2026.
Merchants Bancorp proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.