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MODERNA INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and MODERNA INC.’s Form 8-K, filed May 5, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 5Ballot items
  • 754Asset managers
  • 3,554Fund votes
  • April 30, 2025Meeting date

Results at a glance

Meeting of April 30, 2025: 5 items on MODERNA INC.’s Form 8-K, filed May 5, 2025: 3 elected · 2 approved.

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 MODERNA INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by MODERNA INC.

These tallies are MODERNA INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 5, 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.

MODERNA INC. — official shareholder meeting results, meeting held April 30, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Noubar Afeyan 218,591,95032,090,888165,376 --43,297,659 87%Elected—
Elect Director: Stéphane Bancel 245,520,0335,181,986146,195 --43,297,659 98%Elected—
Elect Director: François Nader 195,448,26955,235,719164,226 --43,297,659 78%Elected—
2. Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers 192,290,26756,521,2692,036,678 --43,297,659 77%Approved—
3. Ratification of appointment of independent registered public accounting firm 290,655,1373,233,780256,956 ---- 99%Approved—

Source: MODERNA INC., Form 8-K, filed with the SEC on May 5, 2025 — read the filing on EDGAR.

How asset managers voted at the MODERNA INC. 2024-2025 meeting

Each item below shows how the 754 asset managers that disclosed a MODERNA 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.

1. Elect Director: Noubar Afeyan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%
FOR: 218,591,950AGAINST: 32,090,888
Details: description as filed, official tally, votes by 108 asset managers

Description as filed by funds: To elect three Class I director nominees set forth in the proxy statement, each to serve for a three-year term expiring at the 2028 annual meeting of stockholders and until his or her other respective successor is duly elected and qualified or such director's earlier death, resignation or removal: Noubar B. Afeyan

MODERNA INC.’s own tally for this item (“Elect Director: Noubar Afeyan”): 218,591,950 for, 32,090,888 against, per its Form 8-K filed May 5, 2025 (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: “By the vote reflected below, the Company's stockholders elected each of the following individuals to serve as a Class I director for a three-year term expiring at the Company's 2028 Annual Meeting of Stockholders and until his respective successor is duly elected and qualified, or such director's e…”
Support: 87% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 108 asset managers below reported 89,204,300 for, 6,485,781 against, 12,100 abstained.

FOR
FOR: 89,204,300AGAINST: 6,485,781ABSTAIN: 12,100
Largest asset managers voting on “To elect three Class I director nominees set forth in the proxy statement, each to serve for a three-year term” at MODERNA INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard52,834,9562,292 00For
Fidelity18,185,606148,167 00For
State Street6,542,92475 00For
BlackRock7,2744,992,690 00Against
Invesco3,886,4540 00For
Charles Schwab2,404,8800 00For
First Trust919,6290 00For
TIAA647,6940 00For
MASTER INVESTMENT PORTFOLIO0507,638 00Against
John Hancock277,4055,269 00For
T. Rowe Price250,8940 00For
Dimensional0247,267 00Against
VanEck ETF Trust244,3000 00For
Equitable3,770239,460 00Against
Jackson National224,1149,192 00For
Federated Hermes215,5910 00For
DWS208,5110 00For
Direxion Shares ETF Trust145,9990 00For
ProShares131,2610 00For
Six Circles Trust0127,540 00Against
Goldman Sachs126,4950 00For
Victory Capital105,4690 00For
Pacific Life57,29645,996 00Mixed
JPMorgan102,0350 00For
Lincoln Financial85,55915,300 00Mixed

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

2. Elect Director: Stéphane Bancel

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 245,520,033AGAINST: 5,181,986
Details: description as filed, official tally, votes by 108 asset managers

Description as filed by funds: To elect three Class I director nominees set forth in the proxy statement, each to serve for a three-year term expiring at the 2028 annual meeting of stockholders and until his or her other respective successor is duly elected and qualified or such director's earlier death, resignation or removal: Stephane Bancel

MODERNA INC.’s own tally for this item (“Elect Director: Stéphane Bancel”): 245,520,033 for, 5,181,986 against, per its Form 8-K filed May 5, 2025 (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: “By the vote reflected below, the Company's stockholders elected each of the following individuals to serve as a Class I director for a three-year term expiring at the Company's 2028 Annual Meeting of Stockholders and until his respective successor is duly elected and qualified, or such director's e…”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 108 asset managers below reported 95,225,851 for, 464,230 against, 12,100 abstained.

FOR
FOR: 95,225,851AGAINST: 464,230ABSTAIN: 12,100
Largest asset managers voting on “To elect three Class I director nominees set forth in the proxy statement, each to serve for a three-year term” at MODERNA INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard52,837,2471 00For
Fidelity18,333,7730 00For
State Street6,542,9990 00For
BlackRock4,999,9640 00For
Invesco3,886,4540 00For
Charles Schwab2,404,8800 00For
First Trust919,6290 00For
TIAA647,6940 00For
MASTER INVESTMENT PORTFOLIO507,6380 00For
John Hancock277,4055,269 00For
T. Rowe Price250,8940 00For
Dimensional0247,267 00Against
VanEck ETF Trust244,3000 00For
Equitable77,109166,121 00Mixed
Jackson National227,4285,878 00For
Federated Hermes215,5910 00For
DWS208,5110 00For
Direxion Shares ETF Trust145,9990 00For
ProShares131,2610 00For
Six Circles Trust127,5400 00For
Goldman Sachs126,4950 00For
Victory Capital105,4690 00For
Pacific Life103,2920 00For
JPMorgan102,0350 00For
Lincoln Financial88,14912,710 00Mixed

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

3. Elect Director: François Nader

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%AGAINST
FOR: 195,448,269AGAINST: 55,235,719
Details: description as filed, official tally, votes by 108 asset managers

Description as filed by funds: To elect three Class I director nominees set forth in the proxy statement, each to serve for a three-year term expiring at the 2028 annual meeting of stockholders and until his or her other respective successor is duly elected and qualified or such director's earlier death, resignation or removal: Francois Nader, M.D.

MODERNA INC.’s own tally for this item (“Elect Director: François Nader”): 195,448,269 for, 55,235,719 against, per its Form 8-K filed May 5, 2025 (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: “By the vote reflected below, the Company's stockholders elected each of the following individuals to serve as a Class I director for a three-year term expiring at the Company's 2028 Annual Meeting of Stockholders and until his respective successor is duly elected and qualified, or such director's e…”
Support: 78% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 108 asset managers below reported 81,102,106 for, 14,587,975 against, 12,100 abstained.

FORAGAINST
FOR: 81,102,106AGAINST: 14,587,975ABSTAIN: 12,100
Largest asset managers voting on “To elect three Class I director nominees set forth in the proxy statement, each to serve for a three-year term” at MODERNA INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard52,659,344177,904 00For
Fidelity18,211,671122,102 00For
State Street3,9726,539,027 00Against
BlackRock4,996,5083,456 00For
Invesco03,886,454 00Against
Charles Schwab2,404,8800 00For
First Trust0919,629 00Against
TIAA647,6940 00For
MASTER INVESTMENT PORTFOLIO507,6380 00For
John Hancock142,763139,911 00Mixed
T. Rowe Price250,8940 00For
Dimensional0247,267 00Against
VanEck ETF Trust244,3000 00For
Equitable73,339169,891 00Mixed
Jackson National3,314229,992 00Against
Federated Hermes0215,591 00Against
DWS0208,511 00Against
Direxion Shares ETF Trust0145,999 00Against
ProShares0131,261 00Against
Six Circles Trust127,5400 00For
Goldman Sachs0126,495 00Against
Victory Capital0105,469 00Against
Pacific Life103,2920 00For
JPMorgan102,0350 00For
Lincoln Financial2,59098,269 00Against

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

4. 2. Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers

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

Combines 29 wordings of this item as funds reported it.

77% Approved · of votes cast

FOR 77%AGAINST
FOR: 192,290,267AGAINST: 56,521,269
Details: description as filed, official tally, votes by 745 asset managers

Description as filed by funds: To approve, on a non-binding, advisory basis, the compensation of our named executive officers.

MODERNA INC.’s own tally for this item (“2. Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers”): 192,290,267 for, 56,521,269 against — passed, per its Form 8-K filed May 5, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's stockholders approved, on an advisory basis, the compensation of the named executive officers.”
Support: 77% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of MODERNA INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “COMPENSATION” (3 managers, 15,009 for); “Say on pay” (2 managers, 152 for, 575 against).

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: 108 asset managers voting on “To approve, on a non-binding, advisory basis, the compensation of our named executive officers.” at MODERNA INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard49,269,9863,567,262 00Mixed
Fidelity18,211,671122,102 00For
State Street6,538,6774,322 00For
BlackRock4,994,6665,298 00For
Invesco03,886,454 00Against
Charles Schwab02,404,880 00Against
First Trust0919,629 00Against
TIAA0647,694 00Against
MASTER INVESTMENT PORTFOLIO507,6380 00For
John Hancock0282,674 00Against
T. Rowe Price0250,894 00Against
Dimensional0247,267 00Against
VanEck ETF Trust0244,300 00Against
Equitable74,962168,268 00Mixed
Jackson National227,4285,878 00For
Federated Hermes0215,591 00Against
DWS0208,511 00Against
Direxion Shares ETF Trust0145,999 00Against
ProShares0131,261 00Against
Six Circles Trust127,5400 00For
Goldman Sachs126,4950 00For
Victory Capital0105,469 00Against
Pacific Life103,2920 00For
JPMorgan0102,035 00Against
Lincoln Financial79,29021,569 00Mixed

Fund voting reports, all 108 managers: 80,642,584 for, 15,053,333 against, 12,116 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 658 asset managers voting on “To approve, on a non-binding, advisory basis, the compensation of our named executive officers.” at MODERNA INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity20,465,1410 00For
BAILLIE GIFFORD & CO LTD12,226,5150 00For
BAILLIE GIFFORD OVERSEAS LTD11,723,77011,565 00For
State Street10,904,090237,273 00For
BlackRock7,704,142122,852 00For
Theleme Partners LLP7,225,2130 00For
GEODE CAPITAL MANAGEMENT, LLC6,116,1750 00For
Flagship Pioneering Inc.4,632,1490 00For
Invesco04,266,712 00Against
Wellington03,426,461 00Against
Charles Schwab02,431,465 00Against
Vanguard1,981,94621,571 00For
Northern Trust01,957,739 00Against
Bellevue Group AG01,600,877 00Against
UBS01,528,179 00Against
DE Shaw01,478,520 00Against
Amundi01,399,676 00Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC01,203,628 00Against
Legal & General Investment Management Ltd0969,013 00Against
T. Rowe Price0949,495 00Against
APG Asset Management US Inc.0910,818 00Against
LETKO, BROSSEAU & ASSOCIATES INC894,69210,550 00For
Two Sigma0866,130 00Against
TB Alternative Assets Ltd.766,6700 00For
Sessa Capital IM, L.P.0732,046 00Against

Institutional-manager reports, all 658 managers: 88,171,374 for, 41,082,501 against, 13,590 abstained, 18,715 not voted, 1,500 unknown. Showing the 25 largest; see all in the interactive database.

5. 3. Ratification of appointment of independent registered public accounting firm

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%
FOR: 290,655,137AGAINST: 3,233,780
Details: description as filed, official tally, votes by 111 asset managers

Description as filed by funds: To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2025.

MODERNA INC.’s own tally for this item (“3. Ratification of appointment of independent registered public accounting firm”): 290,655,137 for, 3,233,780 against — passed, per its Form 8-K filed May 5, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025, with the votes cast as follows:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 95,615,720 for, 7,661 against, 12,600 abstained.

FOR
FOR: 95,615,720AGAINST: 7,661ABSTAIN: 12,600
Largest asset managers voting on “To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the ye” at MODERNA INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard52,837,2480 00For
Fidelity18,333,7730 00For
State Street6,542,835164 00For
BlackRock4,999,9640 00For
Invesco3,886,4540 00For
Charles Schwab2,404,8800 00For
First Trust919,6290 00For
TIAA647,6940 00For
MASTER INVESTMENT PORTFOLIO507,6380 00For
John Hancock282,6740 00For
T. Rowe Price250,8940 00For
Dimensional247,2670 00For
VanEck ETF Trust244,3000 00For
Equitable243,2300 00For
Jackson National233,3060 00For
Federated Hermes215,5910 00For
DWS208,5110 00For
Direxion Shares ETF Trust145,9990 00For
ProShares131,2610 00For
Six Circles Trust127,5400 00For
Goldman Sachs126,4950 00For
Victory Capital105,4690 00For
Pacific Life103,2920 00For
JPMorgan102,0350 00For
Lincoln Financial100,8590 00For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 6, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest MODERNA INC. shareholders voting in 2024-2025

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 387,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top MODERNA INC. shareholders by shares voted on “To approve, on a non-binding, advisory basis, the compensation of our named executive officers.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 13.65%
2Fidelity 4.74%
3State Street 1.69%
4BlackRock 1.29%
5Invesco 1.00%
6Charles Schwab 0.62%
7First Trust 0.24%
8TIAA 0.17%
9MASTER INVESTMENT PORTFOLIO 0.13%
10John Hancock 0.07%
Institutional-manager reports: top MODERNA INC. shareholders by shares voted on “To approve, on a non-binding, advisory basis, the compensation of our named executive officers.”, 2024-2025
#Asset manager % of shares outstanding
1Fidelity 5.29%
2BAILLIE GIFFORD & CO LTD 3.16%
3BAILLIE GIFFORD OVERSEAS LTD 3.03%
4State Street 2.88%
5BlackRock 2.02%
6Theleme Partners LLP 1.87%
7GEODE CAPITAL MANAGEMENT, LLC 1.58%
8Flagship Pioneering Inc. 1.20%
9Invesco 1.10%
10Wellington 0.89%

Reported MODERNA INC. 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.

MODERNA INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 10.44% 13F
BlackRock 7.02% 13F
FMR (Fidelity) 5.46% 13F
BAILLIE GIFFORD & CO 5.32% 13G
State Street 4.59% 13F
Citadel Advisors 2.74% 13F
D.E. Shaw 2.39% 13F
Morgan Stanley 1.92% 13F
Invesco 1.52% 13F
Two Sigma 1.15% 13F

Percentages above are of 387,000,000 shares outstanding, as reported by MODERNA INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 MODERNA INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At MODERNA INC.'s shareholder meeting held April 30, 2025, in the 2024-2025 proxy season, 754 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 3,554 separate fund positions. On the most widely held item on that ballot — To approve, on a non-binding, advisory basis, the compensation of our named executive officers. — MODERNA INC.'s filing reports the proposal as approved, with 77% 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: MODERNA INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 5, 2025.

MODERNA INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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