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Compiled from SEC Form N-PX filings and AppFolio, Inc.’s Form 8-K, filed 2026-06-15 (Item 5.07 on EDGAR). Page generated 04 October 2026.
Explore AppFolio, Inc. in the interactive database Compare manager voting policies
These tallies are AppFolio, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-06-15 (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 | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Olivia Nottebohm | 125,033,431 | -- | -- | 6,146,417 | 2,013,745 | Majority: yes |
| Elect Director: Saori Casey | 130,956,960 | -- | -- | 222,888 | 2,013,745 | Majority: yes |
| Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm The second proposal voted upon at the Annual Meeting was the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public a | 133,132,040 | 52,759 | 8,794 | -- | -- | Passed |
| Proposal 3: Advisory Vote on Named Executive Officer Compensation The third proposal voted upon at the Annual Meeting was the approval, on a non-binding, advisory basis, of the compensation of the Company's named executive officers | 130,615,480 | 546,022 | 18,346 | -- | 2,013,745 | Passed |
Source: AppFolio, Inc., Form 8-K, filed with the SEC on 2026-06-15 — read the filing on EDGAR.
Each item below shows how the 434 asset managers that disclosed a AppFolio, 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 9 wordings of this item as funds reported it.
99.5% Passed · of votes cast
AppFolio, Inc.’s own tally for this item (“Proposal 3: Advisory Vote on Named Executive Officer Compensation The third proposal voted upon at the Annual Meeting was the approval, on a non-binding, advisory basis, of the compensation of the Company's named executi”): 130,615,480 for, 546,022 against — passed, per its Form 8-K filed 2026-06-15 (Item 5.07). Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 430 asset managers below cast 97% of the shares they voted on this item FOR (18,189,662 for, 578,147 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,715,400 | 3 | 0 | 0 | For |
| BlackRock | 1,900,108 | 8,003 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 1,470,248 | 0 | 0 | 0 | For |
| Principal | 1,111,577 | 0 | 0 | 0 | For |
| Ashe Capital Management, LP | 1,047,915 | 0 | 0 | 0 | For |
| T. Rowe Price | 824,854 | 0 | 0 | 0 | For |
| Fidelity | 728,486 | 0 | 0 | 0 | For |
| State Street | 621,940 | 5,586 | 0 | 0 | For |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 518,189 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 511,977 | 0 | 0 | 0 | For |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 394,707 | 1,230 | 0 | 0 | For |
| DF DENT & CO INC | 361,836 | 0 | 0 | 0 | For |
| Charles Schwab | 335,927 | 0 | 0 | 0 | For |
| Keenan Capital, LLC | 334,557 | 0 | 0 | 0 | For |
| Caledonia (Private) Investments Pty Ltd | 291,773 | 0 | 0 | 0 | For |
| Northern Trust | 250,032 | 3,794 | 0 | 0 | For |
| Virtus | 227,507 | 0 | 0 | 0 | For |
| Federated Hermes | 216,739 | 0 | 0 | 0 | For |
| Lead Edge Capital Management, LLC | 210,260 | 0 | 0 | 0 | For |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 188,492 | 0 | 0 | 0 | For |
| Dimensional | 133,205 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 131,696 | 0 | 0 | 0 | For |
| Calvert | 3,454 | 118,539 | 0 | 0 | Against |
| Fiera Capital Corp | 112,972 | 6,784 | 0 | 0 | For |
| MARSHALL WACE, LLP | 116,703 | 0 | 0 | 0 | For |
Showing the 25 largest of 430 asset managers. See all 430 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.9% Passed · of votes cast
AppFolio, Inc.’s own tally for this item (“Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm The second proposal voted upon at the Annual Meeting was the ratification of the appointment of PricewaterhouseCoopers LLP as the C”): 133,132,040 for, 52,759 against — passed, per its Form 8-K filed 2026-06-15 (Item 5.07). Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 102 asset managers below cast 99.9% of the shares they voted on this item FOR (8,242,340 for, 10 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,518,883 | 0 | 0 | 0 | For |
| BlackRock | 1,294,983 | 0 | 0 | 0 | For |
| Principal | 1,111,577 | 0 | 0 | 0 | For |
| Fidelity | 600,728 | 0 | 0 | 0 | For |
| T. Rowe Price | 337,300 | 0 | 0 | 0 | For |
| Virtus | 227,507 | 0 | 0 | 0 | For |
| Charles Schwab | 165,930 | 0 | 0 | 0 | For |
| State Street | 159,079 | 10 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 131,696 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 115,568 | 0 | 0 | 0 | For |
| Federated Hermes | 101,705 | 0 | 0 | 0 | For |
| First Trust | 87,073 | 0 | 0 | 0 | For |
| Dimensional | 84,179 | 0 | 0 | 0 | For |
| FORUM FUNDS | 80,499 | 0 | 0 | 0 | For |
| JPMorgan | 77,791 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 76,987 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 69,318 | 0 | 0 | 0 | For |
| Jackson National | 59,374 | 0 | 0 | 0 | For |
| Calvert | 58,262 | 0 | 0 | 0 | For |
| Tidal Trust III | 50,640 | 0 | 0 | 0 | For |
| Value Line Small Cap Opportunities Fund, Inc. | 44,292 | 0 | 0 | 0 | For |
| Goldman Sachs | 44,149 | 0 | 0 | 0 | For |
| TIAA | 42,487 | 0 | 0 | 0 | For |
| Brighthouse | 35,071 | 0 | 4,256 | 0 | For |
| Lincoln Financial | 37,710 | 0 | 0 | 0 | For |
Showing the 25 largest of 102 asset managers. See all 102 in the interactive database.
Combines 8 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
AppFolio, Inc.’s own tally for this item (“Elect Director: Olivia Nottebohm”): 125,033,431 for, 6,146,417 withheld, per its Form 8-K filed 2026-06-15 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 101 asset managers below cast 100% of the shares they voted on this item FOR (5,296,182 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,518,850 | 0 | 32 | 0 | For |
| BlackRock | 1,294,983 | 0 | 0 | 0 | For |
| Principal | 0 | 0 | 1,111,577 | 0 | Abstain |
| Fidelity | 178,645 | 0 | 422,083 | 0 | Abstain |
| T. Rowe Price | 0 | 0 | 337,300 | 0 | Abstain |
| Virtus | 226,478 | 0 | 1,029 | 0 | For |
| Charles Schwab | 165,930 | 0 | 0 | 0 | For |
| State Street | 403 | 0 | 158,686 | 0 | Abstain |
| WILLIAM BLAIR FUNDS | 0 | 0 | 131,696 | 0 | Abstain |
| Columbia Threadneedle | 115,568 | 0 | 0 | 0 | For |
| Federated Hermes | 101,705 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 87,073 | 0 | Abstain |
| Dimensional | 0 | 0 | 84,179 | 0 | Abstain |
| FORUM FUNDS | 80,499 | 0 | 0 | 0 | For |
| JPMorgan | 77,791 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 76,987 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 69,318 | 0 | 0 | 0 | For |
| Jackson National | 22,069 | 0 | 37,305 | 0 | Abstain |
| Calvert | 0 | 0 | 58,262 | 0 | Abstain |
| Tidal Trust III | 0 | 0 | 50,640 | 0 | Abstain |
| Value Line Small Cap Opportunities Fund, Inc. | 44,292 | 0 | 0 | 0 | For |
| Goldman Sachs | 44,149 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 42,487 | 0 | Abstain |
| Brighthouse | 0 | 0 | 39,327 | 0 | Abstain |
| Lincoln Financial | 13,834 | 0 | 23,876 | 0 | Abstain |
Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
AppFolio, Inc.’s own tally for this item (“Elect Director: Saori Casey”): 130,956,960 for, 222,888 withheld, per its Form 8-K filed 2026-06-15 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 101 asset managers below cast 100% of the shares they voted on this item FOR (8,237,349 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,518,882 | 0 | 1 | 0 | For |
| BlackRock | 1,294,983 | 0 | 0 | 0 | For |
| Principal | 1,111,577 | 0 | 0 | 0 | For |
| Fidelity | 600,728 | 0 | 0 | 0 | For |
| T. Rowe Price | 337,300 | 0 | 0 | 0 | For |
| Virtus | 227,507 | 0 | 0 | 0 | For |
| Charles Schwab | 165,930 | 0 | 0 | 0 | For |
| State Street | 159,089 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 131,696 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 115,568 | 0 | 0 | 0 | For |
| Federated Hermes | 101,705 | 0 | 0 | 0 | For |
| First Trust | 87,073 | 0 | 0 | 0 | For |
| Dimensional | 84,179 | 0 | 0 | 0 | For |
| FORUM FUNDS | 80,499 | 0 | 0 | 0 | For |
| JPMorgan | 77,791 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 76,987 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 69,318 | 0 | 0 | 0 | For |
| Jackson National | 59,374 | 0 | 0 | 0 | For |
| Calvert | 58,262 | 0 | 0 | 0 | For |
| Tidal Trust III | 50,640 | 0 | 0 | 0 | For |
| Value Line Small Cap Opportunities Fund, Inc. | 44,292 | 0 | 0 | 0 | For |
| Goldman Sachs | 44,149 | 0 | 0 | 0 | For |
| TIAA | 42,487 | 0 | 0 | 0 | For |
| Brighthouse | 35,071 | 0 | 4,256 | 0 | For |
| Lincoln Financial | 37,710 | 0 | 0 | 0 | For |
Showing the 25 largest of 101 asset managers. See all 101 in the interactive database.
Ranked by the number of AppFolio, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 35,699,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 7.61% |
| 2 | BlackRock | 5.34% |
| 3 | PRINCIPAL GLOBAL INVESTORS | 4.12% |
| 4 | Principal | 3.11% |
| 5 | Ashe Capital Management, LP | 2.94% |
| 6 | T. Rowe Price | 2.31% |
| 7 | Fidelity | 2.04% |
| 8 | State Street | 1.76% |
| 9 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.45% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 1.43% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| Maurice J Duca | 17.96% | 13D |
| Vanguard Group | 7.17% | 13F |
| BlackRock | 7.13% | 13F |
| PRINCIPAL GLOBAL INVESTORS | 4.34% | 13G |
| Vanguard Portfolio Management | 4.18% | 13G |
| Ashe Capital Management, LP | 3.73% | DEF14A |
| State Street | 2.02% | 13F |
| T. Rowe Price | 1.44% | 13F |
| Klaus Schauser | 1.41% | DEF14A |
| Maurice Duca | 1.34% | DEF14A |
Percentages above are of 35,699,000 shares outstanding, as reported by AppFolio, Inc. on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from AppFolio, Inc.’s 10-Q dated 2026-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.
At AppFolio, Inc.'s shareholder meeting held 2026-06-12, in the 2025-2026 proxy season, 434 asset managers reported how they voted on 4 ballot items in their SEC Form N-PX filings, covering 1,998 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve the compensation of our named executive officers. — the proposal passed with 99.5% 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: AppFolio, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-06-15.
AppFolio, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).