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Nasdaq, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Nasdaq, Inc.’s Form 8-K, filed June 16, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 14Reported items
  • 833Asset managers
  • 12,272Fund votes
  • June 10, 2026Meeting date

Results at a glance

Meeting of June 10, 2026: 12 items on Nasdaq, Inc.’s Form 8-K, filed June 16, 2026: 12 without a stated outcome.

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

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

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

Official 2025-2026 meeting results reported by Nasdaq, Inc.

These tallies are Nasdaq, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 16, 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.

Nasdaq, Inc. — official shareholder meeting results, meeting held June 10, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
(i). Melissa M. Arnoldi 371,650,892801,492204,904 --26,189,922 99.7%Not verified—
Elect Director: Charlene T. Begley 342,183,01830,268,143206,127 --26,189,922 92%Not verified—
Elect Director: Adena T. Friedman 354,514,96215,796,0272,346,298 --26,189,922 96%Not verified—
Elect Director: Essa Kazim 369,092,1643,320,248244,876 --26,189,922 99.1%Not verified—
(v). Thomas A. Kloet 366,733,4395,681,837242,013 --26,189,922 98%Not verified—
Elect Director: Kathryn A. Koch 371,710,164740,300206,824 --26,189,922 99.8%Not verified—
Elect Director: Holden Spaht 371,900,236502,397254,655 --26,189,922 99.8%Not verified—
Elect Director: Michael R. Splinter 361,469,55510,964,230223,502 --26,189,922 97%Not verified—
Elect Director: Johan Torgeby 371,712,026684,311260,951 --26,189,922 99.8%Not verified—
(x). Toni Townes-Whitley 371,715,298736,563205,428 --26,189,922 99.8%Not verified—
Elect Director: Jeffery W. Yabuki 364,590,8597,594,153472,276 --26,189,922 98%Not verified—
Elect Director: Alfred W. Zollar 369,424,1502,761,679471,458 --26,189,922 99.2%Not verified—

Source: Nasdaq, Inc., Form 8-K, filed with the SEC on June 16, 2026 — read the filing on EDGAR.

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

Each item below shows how the 833 asset managers that disclosed a Nasdaq, 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 Nasdaq, 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. Elect Director: Adena T. Friedman

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 354,514,962AGAINST: 15,796,027
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Adena T. Friedman

Nasdaq, Inc.’s own tally for this item (“Elect Director: Adena T. Friedman”): 354,514,962 for, 15,796,027 against, per its Form 8-K filed June 16, 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 157 asset managers below reported 153,001,781 for, 31,635 against, 10,364 abstained, 533 not voted.

FOR
FOR: 153,001,781AGAINST: 31,635ABSTAIN: 10,364NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Adena T. Friedman” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,653,907319 290For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,94928 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable618,4107,480 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

2. Elect Director: Alfred W. Zollar

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 369,424,150AGAINST: 2,761,679
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Alfred W. Zollar

Nasdaq, Inc.’s own tally for this item (“Elect Director: Alfred W. Zollar”): 369,424,150 for, 2,761,679 against, per its Form 8-K filed June 16, 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: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,009,548 for, 23,886 against, 10,345 abstained, 533 not voted.

FOR
FOR: 153,009,548AGAINST: 23,886ABSTAIN: 10,345NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Alfred W. Zollar” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,16678 100For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

3. Elect Director: Charlene T. Begley

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 342,183,018AGAINST: 30,268,143
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election 12 Directors: Charlene T. Begley

Nasdaq, Inc.’s own tally for this item (“Elect Director: Charlene T. Begley”): 342,183,018 for, 30,268,143 against, per its Form 8-K filed June 16, 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: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 151,504,077 for, 1,530,022 against, 10,339 abstained, 533 not voted.

FOR
FOR: 151,504,077AGAINST: 1,530,022ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election 12 Directors: Charlene T. Begley” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,573,15981,750 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,097,0184,880 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,481182 00For
Charles Schwab2,687,0861,160 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,351,040225,479 00Mixed
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST572,883921 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

4. Elect Director: Essa Kazim

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 369,092,164AGAINST: 3,320,248
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Essa Kazim

Nasdaq, Inc.’s own tally for this item (“Elect Director: Essa Kazim”): 369,092,164 for, 3,320,248 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,009,534 for, 23,906 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,009,534AGAINST: 23,906ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Essa Kazim” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,18070 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,94928 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

5. Elect Director: Holden Spaht

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,900,236AGAINST: 502,397
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Holden Spaht

Nasdaq, Inc.’s own tally for this item (“Elect Director: Holden Spaht”): 371,900,236 for, 502,397 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,012,030 for, 21,411 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,012,030AGAINST: 21,411ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Holden Spaht” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,2429 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

6. Elect Director: Jeffery W. Yabuki

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 364,590,859AGAINST: 7,594,153
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Jeffery W. Yabuki

Nasdaq, Inc.’s own tally for this item (“Elect Director: Jeffery W. Yabuki”): 364,590,859 for, 7,594,153 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,009,444 for, 23,991 against, 10,345 abstained, 533 not voted.

FOR
FOR: 153,009,444AGAINST: 23,991ABSTAIN: 10,345NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Jeffery W. Yabuki” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,062183 100For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

7. Elect Director: Kathryn A. Koch

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,710,164AGAINST: 740,300
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Kathryn A. Koch

Nasdaq, Inc.’s own tally for this item (“Elect Director: Kathryn A. Koch”): 371,710,164 for, 740,300 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,013,726 for, 19,716 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,013,726AGAINST: 19,716ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Kathryn A. Koch” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,24210 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

8. (i). Melissa M. Arnoldi

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 371,650,892AGAINST: 801,492
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election 12 Directors: Melissa M. Arnoldi

Nasdaq, Inc.’s own tally for this item (“(i). Melissa M. Arnoldi”): 371,650,892 for, 801,492 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,013,725 for, 19,717 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,013,725AGAINST: 19,717ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election 12 Directors: Melissa M. Arnoldi” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,24111 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

9. Elect Director: Michael R. Splinter

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 361,469,555AGAINST: 10,964,230
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Michael R. Splinter

Nasdaq, Inc.’s own tally for this item (“Elect Director: Michael R. Splinter”): 361,469,555 for, 10,964,230 against, per its Form 8-K filed June 16, 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: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,007,593 for, 27,248 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,007,593AGAINST: 27,248ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Michael R. Splinter” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,021230 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

10. (v). Thomas A. Kloet

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 366,733,439AGAINST: 5,681,837
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Thomas A. Kloet

Nasdaq, Inc.’s own tally for this item (“(v). Thomas A. Kloet”): 366,733,439 for, 5,681,837 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,006,302 for, 27,138 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,006,302AGAINST: 27,138ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Thomas A. Kloet” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,130120 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

11. (x). Toni Townes-Whitley

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,715,298AGAINST: 736,563
Details: description as filed, official tally, votes by 157 asset managers

Description as filed by funds: Election of 12 Directors: Toni Townes-Whitley

Nasdaq, Inc.’s own tally for this item (“(x). Toni Townes-Whitley”): 371,715,298 for, 736,563 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 157 asset managers below reported 153,013,726 for, 19,716 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,013,726AGAINST: 19,716ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Toni Townes-Whitley” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,24210 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

12. Elect Director: Johan Torgeby

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,712,026AGAINST: 684,311
Details: description as filed, official tally, votes by 156 asset managers

Description as filed by funds: Election of 12 Directors: Johan Torgeby

Nasdaq, Inc.’s own tally for this item (“Elect Director: Johan Torgeby”): 371,712,026 for, 684,311 against, per its Form 8-K filed June 16, 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 + AGAINST); abstentions and broker non-votes are excluded.

The 156 asset managers below reported 153,014,702 for, 17,338 against, 10,339 abstained, 533 not voted.

FOR
FOR: 153,014,702AGAINST: 17,338ABSTAIN: 10,339NOT VOTED: 533
Largest asset managers voting on “Election of 12 Directors: Johan Torgeby” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,21238 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

13. Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement

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

Combines 6 wordings of this item as funds reported it.

97% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 829 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: 151 asset managers voting on “Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,653,963265 270For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,481182 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable618,4107,480 00For
MUTUAL FUND SERIES TRUST572,883921 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Fund voting reports, all 151 managers: 152,530,542 for, 181,618 against, 22,162 abstained, 533 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 717 asset managers voting on “Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Wellington33,831,2800 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/33,306,3350 00For
BlackRock14,698,993900 00For
GEODE CAPITAL MANAGEMENT, LLC13,006,5890 00For
State Street12,532,74540,441 00For
HARRIS ASSOCIATES L P7,861,2100 00For
FRANKLIN ADVISERS INC6,828,1700 00For
Select Equity Group, L.P.5,477,8690 00For
Nuveen4,709,3700 00For
Invesco4,394,1250 00For
John Hancock4,390,5800 00For
Fidelity3,870,2840 00For
Northern Trust3,375,2260 00For
Charles Schwab2,805,3520 00For
Amundi2,721,50714,159 00For
Vanguard2,727,8670 00For
Goldman Sachs2,540,3790 00For
Neuberger Berman2,429,2170 00For
PRINCIPAL GLOBAL INVESTORS2,262,9320 00For
Putnam2,094,1770 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC2,051,4940 00For
BESSEMER TRUST Co OF FLORIDA2,043,0610 00For
MELLON INVESTMENTS Corp2,008,9030 00For
Bessemer Trust CO of Delaware, N.A.1,947,0330 00For
UBS1,922,9830 00For

Institutional-manager reports, all 717 managers: 236,424,744 for, 10,142,017 against, 499,141 abstained, 38,744 not voted. Showing the 25 largest; see all in the interactive database.

14. Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the…

No official matchAUDIT-RELATED

Combines 3 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 153 asset managers

Description as filed by funds: Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026

The 153 asset managers below reported 152,572,409 for, 148,047 against, 10,336 abstained, 533 not voted. 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: 152,572,409AGAINST: 148,047ABSTAIN: 10,336NOT VOTED: 533
Largest asset managers voting on “Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for ” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,573,32781,584 10For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,099,3482,550 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,481182 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable618,4107,480 00For
MUTUAL FUND SERIES TRUST572,883921 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 153 asset managers. See all 153 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of June 11, 2025, which belongs to the 2024-2025 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 Nasdaq, 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, shown as a share of the 564,750,026 shares outstanding at the time of that meeting.

Fund voting reports: top Nasdaq, Inc. shareholders by shares voted on “Election of 12 Directors: Adena T. Friedman”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 9.32%
2MFS 3.53%
3Fidelity 2.73%
4BlackRock 2.14%
5FRANKLIN MANAGED TRUST 1.01%
6State Street 0.88%
7TIAA 0.76%
8HARRIS ASSOCIATES INVESTMENT TRUST 0.74%
9Invesco 0.65%
10Hartford 0.65%
Institutional-manager reports: top Nasdaq, Inc. shareholders by shares voted on “Advisory vote to approve the Company's executive compensation as presented in the Proxy…”, 2025-2026
#Asset manager % of shares outstanding
1Wellington 5.99%
2MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 5.90%
3BlackRock 2.60%
4GEODE CAPITAL MANAGEMENT, LLC 2.30%
5State Street 2.23%
6HARRIS ASSOCIATES L P 1.39%
7FRANKLIN ADVISERS INC 1.21%
8Select Equity Group, L.P. 0.97%
9Nuveen 0.83%
10Invesco 0.78%

Reported Nasdaq, 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.

Nasdaq, Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
Vanguard Group 10.61% 13F
Investor AB 10.34% DEF14A
Borse Dubai Limited 10.33% DEF14A
BlackRock 6.76% 13F
Wellington Management 6.42% 13F
Massachusetts Financial Services Company 4.12% 13G
State Street 3.49% 13F
Morgan Stanley 1.64% 13F
Franklin Templeton 1.62% 13F
Invesco 0.79% 13F

Percentages above are of 564,750,026 shares outstanding, as reported by Nasdaq, Inc. 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.

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 Nasdaq, Inc.’s 10-Q dated March 31, 2026. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At Nasdaq, Inc.'s shareholder meeting held June 10, 2026, in the 2025-2026 proxy season, 833 asset managers reported how they voted in their SEC Form N-PX filings, covering 12,272 separate fund positions. Their filings are grouped here into 14 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Nasdaq, Inc.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Advisory vote to approve the Company's executive compensation as presented in the Proxy… — the reporting funds and managers cast 97% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

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

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