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Compiled from SEC Form N-PX filings and SUMMIT FINANCIAL GROUP INC.’s Form 8-K, filed December 7, 2023 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of December 6, 2023: 3 items on SUMMIT FINANCIAL GROUP INC.’s Form 8-K, filed December 7, 2023: 3 without a stated outcome.
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
Explore SUMMIT FINANCIAL GROUP INC. in the interactive database Compare manager voting policies
These tallies are SUMMIT FINANCIAL GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed December 7, 2023 (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 |
|---|---|---|---|---|---|---|---|---|
| 1. Merger Proposal | 9,910,380 | 942,067 | 39,255 | -- | 0 | 91% | Not verified | — |
| 2. Compensation Proposal | 7,384,208 | 3,214,247 | 293,247 | -- | 0 | 70% | Not verified | — |
| 3. Adjournment Proposal | 9,439,903 | 1,389,730 | 62,069 | -- | 0 | 87% | Not verified | — |
Source: SUMMIT FINANCIAL GROUP INC., Form 8-K, filed with the SEC on December 7, 2023 — read the filing on EDGAR.
Each item below shows how the 114 asset managers that disclosed a SUMMIT FINANCIAL GROUP 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 SUMMIT FINANCIAL GROUP 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.
Combines 3 wordings of this item as funds reported it.
100% of fund votes cast · no official result
Description as filed by funds: To approve the Agreement and Plan of Reorganization and accompanying Plan of Merger, dated as of August 24, 2023 (the "merger agreement"), by and between Burke & Herbert Financial Services Corp. ("Burke & Herbert") and Summit Financial Group, Inc. ("Summit"), and the other transactions contemplated by the merger agreement, pursuant to which Summit will merge with and into Burke & Herbert as more fully described in the accompanying joint proxy statement/prospectus.
The 46 asset managers below reported 2,174,127 for, 411 unknown. 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 554,882 | 0 | 0 | 0 | For |
| BlackRock | 423,290 | 0 | 0 | 0 | For |
| Dimensional | 314,059 | 0 | 0 | 0 | For |
| Fidelity | 228,464 | 0 | 0 | 0 | For |
| Royce | 118,876 | 0 | 0 | 0 | For |
| American Century | 76,707 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 65,515 | 0 | 0 | 0 | For |
| Russell Investments | 61,472 | 0 | 0 | 0 | For |
| EA Series Trust | 47,748 | 0 | 0 | 0 | For |
| Charles Schwab | 31,805 | 0 | 0 | 0 | For |
| Equitable | 28,900 | 0 | 0 | 0 | For |
| TIAA | 26,587 | 0 | 0 | 0 | For |
| FINANCIAL INVESTORS TRUST | 25,937 | 0 | 0 | 0 | For |
| Northern Trust | 25,633 | 0 | 0 | 0 | For |
| SEI | 20,044 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 19,578 | 0 | 0 | 0 | For |
| Invesco | 11,985 | 0 | 0 | 0 | For |
| WisdomTree | 11,832 | 0 | 0 | 0 | For |
| Lincoln Financial | 10,008 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 7,435 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 6,100 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 5,581 | 0 | 0 | 0 | For |
| John Hancock | 5,285 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,938 | 0 | 0 | 0 | For |
| Pacific Life | 4,768 | 0 | 0 | 0 | For |
Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.
Combines 2 wordings of this item as funds reported it.
89% of fund votes cast · no official result
Description as filed by funds: To adjourn the Summit special meeting, if necessary or appropriate, to solicit additional proxies if, immediately prior to such adjournment, there are not sufficient votes to approve the Summit merger proposal or to ensure that any supplement or amendment to the accompanying joint proxy statement/prospectus is timely provided to holders of Summit common stock.
The 47 asset managers below reported 1,934,357 for, 239,800 against, 411 unknown. 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 554,882 | 0 | 0 | 0 | For |
| BlackRock | 423,290 | 0 | 0 | 0 | For |
| Dimensional | 314,059 | 0 | 0 | 0 | For |
| Fidelity | 0 | 228,464 | 0 | 0 | Against |
| Royce | 118,876 | 0 | 0 | 0 | For |
| American Century | 76,707 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 65,515 | 0 | 0 | 0 | For |
| Russell Investments | 61,472 | 0 | 0 | 0 | For |
| EA Series Trust | 47,748 | 0 | 0 | 0 | For |
| Charles Schwab | 31,805 | 0 | 0 | 0 | For |
| Equitable | 28,900 | 0 | 0 | 0 | For |
| TIAA | 26,587 | 0 | 0 | 0 | For |
| FINANCIAL INVESTORS TRUST | 25,937 | 0 | 0 | 0 | For |
| Northern Trust | 25,633 | 0 | 0 | 0 | For |
| SEI | 20,044 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 19,578 | 0 | 0 | 0 | For |
| Invesco | 11,985 | 0 | 0 | 0 | For |
| WisdomTree | 11,832 | 0 | 0 | 0 | For |
| Lincoln Financial | 450 | 9,558 | 0 | 0 | Against |
| Janus Detroit Street Trust | 7,435 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 6,100 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 5,581 | 0 | 0 | 0 | For |
| John Hancock | 5,285 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,938 | 0 | 0 | 0 | For |
| Pacific Life | 4,768 | 0 | 0 | 0 | For |
Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.
Combines 3 wordings of this item as funds reported it.
35% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: To approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to the named executive officers of Summit in connection with the transactions contemplated by the merger agreement.
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 554,882 | 0 | 0 | Against |
| BlackRock | 423,290 | 0 | 0 | 0 | For |
| Dimensional | 0 | 314,059 | 0 | 0 | Against |
| Fidelity | 0 | 228,464 | 0 | 0 | Against |
| Royce | 0 | 118,876 | 0 | 0 | Against |
| American Century | 0 | 76,707 | 0 | 0 | Against |
| BRIDGEWAY FUNDS INC | 0 | 65,515 | 0 | 0 | Against |
| Russell Investments | 61,472 | 0 | 0 | 0 | For |
| EA Series Trust | 47,748 | 0 | 0 | 0 | For |
| Charles Schwab | 31,805 | 0 | 0 | 0 | For |
| Equitable | 19,760 | 9,140 | 0 | 0 | Mixed |
| TIAA | 0 | 26,587 | 0 | 0 | Against |
| FINANCIAL INVESTORS TRUST | 25,937 | 0 | 0 | 0 | For |
| Northern Trust | 25,633 | 0 | 0 | 0 | For |
| SEI | 20,044 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 19,578 | 0 | 0 | 0 | For |
| Invesco | 0 | 11,985 | 0 | 0 | Against |
| WisdomTree | 0 | 11,832 | 0 | 0 | Against |
| Lincoln Financial | 9,558 | 450 | 0 | 0 | For |
| Janus Detroit Street Trust | 0 | 7,435 | 0 | 0 | Against |
| RBC FUNDS TRUST | 0 | 6,100 | 0 | 0 | Against |
| AIG/SunAmerica | 0 | 5,581 | 0 | 0 | Against |
| John Hancock | 0 | 5,285 | 0 | 0 | Against |
| Bridge Builder Trust | 4,938 | 0 | 0 | 0 | For |
| Pacific Life | 4,768 | 0 | 0 | 0 | For |
Fund voting reports, all 47 managers: 699,913 for, 1,474,244 against, 411 unknown. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 285,193 | 3,312 | 0 | 0 | For |
| BURKE & HERBERT BANK & TRUST CO | 101,212 | 163,613 | 0 | 0 | Mixed |
| GEODE CAPITAL MANAGEMENT, LLC | 0 | 241,214 | 0 | 0 | Against |
| Renaissance | 0 | 151,192 | 0 | 0 | Against |
| American Century | 0 | 76,707 | 0 | 0 | Against |
| MELLON INVESTMENTS Corp | 0 | 53,800 | 0 | 0 | Against |
| Dimensional | 0 | 52,965 | 0 | 0 | Against |
| EJF Capital LLC | 48,974 | 0 | 0 | 0 | For |
| FIFTH THIRD BANK, NATIONAL ASSOCIATION | 0 | 45,382 | 0 | 0 | Against |
| AllianceBernstein | 0 | 40,785 | 0 | 0 | Against |
| Charles Schwab | 31,805 | 0 | 0 | 0 | For |
| ACADIAN ASSET MANAGEMENT LLC | 0 | 28,300 | 0 | 0 | Against |
| LSV ASSET MANAGEMENT | 28,300 | 0 | 0 | 0 | For |
| Nuveen | 0 | 26,785 | 0 | 0 | Against |
| EMERALD MUTUAL FUND ADVISERS TRUST | 25,937 | 0 | 0 | 0 | For |
| Yakira Capital Management, Inc. | 22,815 | 0 | 0 | 0 | For |
| Fourthstone LLC | 22,308 | 0 | 0 | 0 | For |
| SEI | 20,204 | 0 | 0 | 0 | For |
| Baird | 1 | 19,000 | 0 | 0 | Against |
| Ensign Peak Advisors, Inc | 14,710 | 0 | 0 | 0 | For |
| Invesco | 0 | 13,846 | 0 | 0 | Against |
| Jentner Corp | 0 | 10,743 | 0 | 0 | Against |
| Prudential/PGIM | 9,840 | 0 | 0 | 0 | For |
| Stifel Trust Company, N.A. | 9,429 | 0 | 0 | 0 | For |
| State Street | 4,663 | 4,663 | 0 | 0 | Mixed |
Institutional-manager reports, all 78 managers: 664,062 for, 1,015,347 against. Showing the 25 largest; see all 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 14,674,852 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 3.78% |
| 2 | BlackRock | 2.88% |
| 3 | Dimensional | 2.14% |
| 4 | Fidelity | 1.56% |
| 5 | Royce | 0.81% |
| 6 | American Century | 0.52% |
| 7 | BRIDGEWAY FUNDS INC | 0.45% |
| 8 | Russell Investments | 0.42% |
| 9 | EA Series Trust | 0.33% |
| 10 | Charles Schwab | 0.22% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 1.97% |
| 2 | BURKE & HERBERT BANK & TRUST CO | 1.80% |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 1.64% |
| 4 | Renaissance | 1.03% |
| 5 | American Century | 0.52% |
| 6 | MELLON INVESTMENTS Corp | 0.37% |
| 7 | Dimensional | 0.36% |
| 8 | EJF Capital LLC | 0.33% |
| 9 | FIFTH THIRD BANK, NATIONAL ASSOCIATION | 0.31% |
| 10 | AllianceBernstein | 0.28% |
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 |
|---|---|---|
| Dimensional Fund Advisors | 4.74% | 13F |
| Gary L. Hinkle | 3.49% | DEF14A |
| Georgette R. George | 1.74% | DEF14A |
| Geode Capital | 1.74% | 13F |
| State Street | 1.62% | 13F |
| Ronald B. Spencer | 1.33% | DEF14A |
| Renaissance Technologies | 1.14% | 13F |
| John W. Crites II | 0.98% | DEF14A |
| H. Charles Maddy, III | 0.81% | DEF14A |
| Northern Trust | 0.77% | 13F |
Percentages above are of 14,674,852 shares outstanding, as reported by SUMMIT FINANCIAL GROUP INC. on its Form 10-Q dated November 3, 2023 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 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 SUMMIT FINANCIAL GROUP INC.’s 10-Q dated November 3, 2023. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At SUMMIT FINANCIAL GROUP INC.'s shareholder meeting held December 6, 2023, in the 2023-2024 proxy season, 114 asset managers reported how they voted in their SEC Form N-PX filings, covering 491 separate fund positions. Their filings are grouped here into 3 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. SUMMIT FINANCIAL GROUP 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 — To approve, on an advisory (non-binding) basis, the merger-related compensation payments that… — the reporting funds and managers cast 35% 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.
SUMMIT FINANCIAL GROUP INC. proxy season coverage: 2023-2024 (this page).
Download data (CSV): ballot items · votes by manager · column guide.