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Compiled from SEC Form N-PX filings and NNN REIT, Inc.’s Form 8-K, filed May 12, 2026 (Item 5.07 on EDGAR). Page generated November 6, 2026.
Meeting of May 12, 2026: 9 items on NNN REIT, Inc.’s Form 8-K, filed May 12, 2026: 7 elected · 2 approved.
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 NNN REIT, Inc. in the interactive database Compare manager voting policies
These tallies are NNN REIT, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 12, 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: Pamela K. M. Beall | 154,807,117 | 2,146,844 | 155,532 | -- | 15,240,518 | 99% | Elected | — |
| Elect Director: David M. Fick | 153,485,821 | 3,470,236 | 153,436 | -- | 15,240,518 | 98% | Elected | — |
| Elect Director: Edward J. Fritsch | 153,997,608 | 2,964,506 | 147,379 | -- | 15,240,518 | 98% | Elected | — |
| Elect Director: Elizabeth C. Gulacsy | 155,583,125 | 1,352,666 | 173,702 | -- | 15,240,518 | 99.1% | Elected | — |
| Elect Director: Betsy D. Holden | 153,648,879 | 3,314,363 | 146,251 | -- | 15,240,518 | 98% | Elected | — |
| Elect Director: Stephen A. Horn, Jr. | 155,369,506 | 1,594,572 | 145,415 | -- | 15,240,518 | 99% | Elected | — |
| Elect Director: Kamau O. Witherspoon | 155,344,706 | 1,581,794 | 182,993 | -- | 15,240,518 | 99% | Elected | — |
| 2. An Advisory Vote on Executive Compensation | 151,646,947 | 5,056,586 | 405,960 | -- | 15,240,518 | 97% | Approved | — |
| 3. Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2 | 169,884,257 | 2,202,123 | 263,631 | -- | -- | 99% | Approved | — |
Source: NNN REIT, Inc., Form 8-K, filed with the SEC on May 12, 2026 — read the filing on EDGAR.
Each item below shows how the 495 asset managers that disclosed a NNN REIT, 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.
Combines 5 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: Betsy D. Holden
NNN REIT, Inc.’s own tally for this item (“Elect Director: Betsy D. Holden”): 153,648,879 for, 3,314,363 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,855,858 for, 260,005 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,818,847 | 5 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,416 | 0 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 5 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: David M. Fick
NNN REIT, Inc.’s own tally for this item (“Elect Director: David M. Fick”): 153,485,821 for, 3,470,236 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,825,350 for, 290,512 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,818,846 | 5 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,225 | 191 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 5 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: Edward J. Fritsch
NNN REIT, Inc.’s own tally for this item (“Elect Director: Edward J. Fritsch”): 153,997,608 for, 2,964,506 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,855,719 for, 260,145 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,818,847 | 5 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,276 | 140 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.1% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: Elizabeth C. Gulacsy
NNN REIT, Inc.’s own tally for this item (“Elect Director: Elizabeth C. Gulacsy”): 155,583,125 for, 1,352,666 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,855,861 for, 260,002 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,818,850 | 2 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,416 | 0 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: Kamau O. Witherspoon
NNN REIT, Inc.’s own tally for this item (“Elect Director: Kamau O. Witherspoon”): 155,344,706 for, 1,581,794 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,855,860 for, 260,002 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,818,849 | 2 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,416 | 0 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: Pamela K. M. Beall
NNN REIT, Inc.’s own tally for this item (“Elect Director: Pamela K. M. Beall”): 154,807,117 for, 2,146,844 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,699,884 for, 415,978 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,810,316 | 8,534 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,416 | 0 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect seven directors to serve for a term ending at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified: Stephen A. Horn, Jr.
NNN REIT, Inc.’s own tally for this item (“Elect Director: Stephen A. Horn, Jr.”): 155,369,506 for, 1,594,572 against, per its Form 8-K filed May 12, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The seven nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 81,855,721 for, 260,142 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,818,849 | 2 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,276 | 140 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 0 | 260,000 | 0 | 0 | Against |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Approved · of votes cast
Description as filed by funds: Non-binding advisory approval of the compensation of our named executive officers as described in this Proxy Statement.
NNN REIT, Inc.’s own tally for this item (“2. An Advisory Vote on Executive Compensation”): 151,646,947 for, 5,056,586 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 2: An Advisory Vote on Executive Compensation The Company's stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as set forth below:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of NNN REIT, Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (17 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
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 |
|---|---|---|---|---|---|
| Vanguard | 24,818,845 | 7 | 1 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,416 | 0 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 260,000 | 0 | 0 | 0 | For |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
| Nationwide | 233,576 | 0 | 0 | 0 | For |
Fund voting reports, all 109 managers: 81,791,802 for, 105,628 against, 42,401 abstained, 144 not voted, 181 mixed. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 20,048,559 | 0 | 0 | 0 | For |
| BlackRock | 12,602,296 | 1,230 | 0 | 0 | For |
| State Street | 10,035,451 | 0 | 0 | 0 | For |
| Victory Capital | 8,041,327 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 4,217,504 | 0 | 0 | 0 | For |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3,914,591 | 0 | 0 | 0 | For |
| Federated Hermes | 3,029,880 | 0 | 0 | 0 | For |
| Charles Schwab | 2,914,502 | 0 | 0 | 0 | For |
| RUSH ISLAND MANAGEMENT, LP | 2,580,626 | 0 | 0 | 0 | For |
| AQR | 1,993,074 | 0 | 0 | 0 | For |
| SECURITY CAPITAL RESEARCH & MANAGEMENT INC | 1,874,132 | 0 | 0 | 0 | For |
| Vanguard | 1,604,229 | 0 | 0 | 0 | For |
| Northern Trust | 1,542,792 | 0 | 0 | 0 | For |
| EQUITY INVESTMENT CORP | 1,445,948 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 1,288,456 | 0 | 0 | 0 | For |
| Epoch Investment Partners, Inc. | 983,273 | 0 | 0 | 0 | For |
| Clearbridge Investments, LLC | 828,465 | 0 | 0 | 0 | For |
| Amova Asset Management Co., Ltd. | 656,042 | 0 | 0 | 0 | For |
| Arbejdsmarkedets Tillaegspension | 632,125 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 0 | 625,633 | 0 | 0 | Against |
| UBS | 0 | 570,545 | 0 | 0 | Against |
| Mondrian Investment Partners LTD | 568,732 | 0 | 0 | 0 | For |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 543,489 | 0 | 0 | 0 | For |
| AGF MANAGEMENT LTD | 536,596 | 0 | 0 | 0 | For |
| STIFEL NICOLAUS & CO INC \MO\ | 493,311 | 0 | 0 | 0 | For |
Institutional-manager reports, all 401 managers: 98,637,525 for, 2,985,295 against, 5,357 not voted. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
99% Approved · of votes cast
Description as filed by funds: RATIFICATION OF THE SELECTION OF OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026.
NNN REIT, Inc.’s own tally for this item (“3. Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm f”): 169,884,257 for, 2,202,123 against — passed, per its Form 8-K filed May 12, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 3: Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified as set forth…”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 109 asset managers below reported 82,037,139 for, 186,149 against, 42,400 abstained, 144 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 24,810,317 | 8,534 | 0 | 0 | For |
| Fidelity | 16,934,584 | 0 | 0 | 0 | For |
| BlackRock | 11,851,160 | 0 | 0 | 0 | For |
| Victory Capital | 6,108,378 | 0 | 0 | 0 | For |
| State Street | 3,608,225 | 191 | 0 | 0 | For |
| Federated Hermes | 2,979,397 | 0 | 0 | 0 | For |
| Charles Schwab | 2,894,692 | 0 | 0 | 0 | For |
| MFS | 1,774,616 | 0 | 0 | 0 | For |
| Legg Mason | 833,690 | 0 | 0 | 0 | For |
| Brighthouse | 688,280 | 0 | 42,400 | 0 | Mixed |
| Principal | 697,846 | 0 | 0 | 0 | For |
| ProShares | 613,896 | 0 | 0 | 0 | For |
| WisdomTree | 484,060 | 0 | 0 | 0 | For |
| JPMorgan | 462,663 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 397,967 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 369,539 | 0 | 0 | 0 | For |
| John Hancock | 368,565 | 0 | 0 | 0 | For |
| Jackson National | 362,363 | 0 | 0 | 0 | For |
| New York Life | 343,723 | 0 | 0 | 0 | For |
| TIAA | 318,838 | 0 | 0 | 0 | For |
| Empower | 309,551 | 0 | 0 | 0 | For |
| Equitable | 300,068 | 0 | 0 | 0 | For |
| Northern Trust | 269,296 | 0 | 0 | 0 | For |
| DOMINI INVESTMENT TRUST | 260,000 | 0 | 0 | 0 | For |
| Dimensional | 241,159 | 0 | 0 | 0 | For |
Showing the 25 largest of 109 asset managers. See all 109 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 189,939,441 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 13.07% |
| 2 | Fidelity | 8.92% |
| 3 | BlackRock | 6.24% |
| 4 | Victory Capital | 3.22% |
| 5 | State Street | 1.90% |
| 6 | Federated Hermes | 1.57% |
| 7 | Charles Schwab | 1.52% |
| 8 | MFS | 0.93% |
| 9 | Legg Mason | 0.44% |
| 10 | Brighthouse | 0.38% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Fidelity | 10.56% |
| 2 | BlackRock | 6.64% |
| 3 | State Street | 5.28% |
| 4 | Victory Capital | 4.23% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.22% |
| 6 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.06% |
| 7 | Federated Hermes | 1.60% |
| 8 | Charles Schwab | 1.53% |
| 9 | RUSH ISLAND MANAGEMENT, LP | 1.36% |
| 10 | AQR | 1.05% |
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 |
|---|---|---|
| Vanguard Group | 13.81% | 13F |
| BlackRock | 13.65% | 13F |
| FMR (Fidelity) | 10.13% | 13F |
| Vanguard Portfolio Management | 8.76% | 13G |
| State Street | 5.97% | 13F |
| Geode Capital | 2.29% | 13F |
| AQR Capital | 2.03% | 13F |
| Charles Schwab | 1.57% | 13F |
| Dimensional Fund Advisors | 1.48% | 13F |
| Morgan Stanley | 1.32% | 13F |
Percentages above are of 189,939,441 shares outstanding, as reported by NNN REIT, Inc. on its Form 10-K dated January 30, 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 NNN REIT, Inc.’s 10-K dated January 30, 2026. This page is a static snapshot rebuilt weekly on November 6, 2026; a live search always shows the current data.
At NNN REIT, Inc.'s shareholder meeting held May 12, 2026, in the 2025-2026 proxy season, 495 asset managers reported how they voted on 9 ballot items in their SEC Form N-PX filings, covering 4,639 separate fund positions. On the most widely held item on that ballot — Non-binding advisory approval of the compensation of our named executive officers as described… — NNN REIT, Inc.'s filing reports the proposal as approved, with 97% 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: NNN REIT, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 12, 2026.
NNN REIT, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.