Home › Companies › SAUL CENTERS INC. › 2023-2024
At SAUL CENTERS INC.'s shareholder meeting held May 17, 2024, in the 2023-2024 proxy season, 62 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,470 separate fund positions. Their filings are grouped here into 8 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approval of the Company's 2024 Stock Incentive Plan. — SAUL CENTERS INC.'s filing reports the proposal as approved, with 68% 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: SAUL CENTERS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 21, 2024.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and SAUL CENTERS INC.’s Form 8-K, filed May 21, 2024 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of May 17, 2024: 7 items on SAUL CENTERS INC.’s Form 8-K, filed May 21, 2024: 4 elected · 1 approved · 2 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
Explore SAUL CENTERS INC. in the interactive database Compare manager voting policies
These tallies are SAUL CENTERS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 21, 2024 (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: Philip D. Caraci | 15,205,622 | -- | -- | 6,845,250 | -- | 69% | Not verified | — |
| Elect Director: Willoughby B. Laycock | 21,114,789 | -- | -- | 936,083 | -- | 96% | Elected | — |
| Elect Director: LaSalle D. Leffall III | 22,000,372 | -- | -- | 50,500 | -- | 99.7% | Elected | — |
| Elect Director: Earl A. Powell III | 21,943,053 | -- | -- | 107,819 | -- | 99.5% | Elected | — |
| Elect Director: Mark Sullivan III | 21,817,106 | -- | -- | 233,766 | -- | 99% | Elected | — |
| The stockholders voted in favor of the ratification of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm | 23,013,333 | 9,068 | 12,432 | -- | -- | 99.9% | Not verified | — |
| The stockholders voted to approve the Company's 2024 Stock Incentive Plan. | 14,887,693 | 7,143,085 | 20,094 | -- | -- | 68% | Approved | — |
Source: SAUL CENTERS INC., Form 8-K, filed with the SEC on May 21, 2024 — read the filing on EDGAR.
Each item below shows how the 62 asset managers that disclosed a SAUL CENTERS 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 SAUL CENTERS 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 4 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: Election of five directors to serve until the annual meeting of stockholders in 2027: Earl A. Powell III
SAUL CENTERS INC.’s own tally for this item (“Elect Director: Earl A. Powell III”): 21,943,053 for, 107,819 withheld, per its Form 8-K filed May 21, 2024 (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: “On May 17, 2024, the Company held its Annual Meeting of Stockholders, at which Philip D. Caraci, Willoughby B. Laycock, LaSalle D. Leffall III, Earl A. Powell III, and Mark Sullivan III were elected to the Board of Directors for three-year terms expiring at the 2027 Annual Meeting.”
Support: 99.5% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 60 asset managers below reported 6,575,386 for, 11,152 withheld, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 1,494,851 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,218,701 | 0 | 0 | 0 | For |
| Principal | 398,368 | 0 | 0 | 0 | For |
| Fidelity | 296,457 | 0 | 0 | 0 | For |
| State Street | 220,071 | 0 | 0 | 35 | For |
| Dimensional | 165,337 | 0 | 0 | 0 | For |
| Invesco | 100,690 | 0 | 0 | 0 | For |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 80,448 | 0 | 0 | 0 | For |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 36,311 | 0 | 0 | 0 | For |
| TIAA | 30,415 | 0 | 0 | 0 | For |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 28,506 | 0 | 0 | 0 | For |
| Equitable | 18,930 | 0 | 0 | 6,490 | Mixed |
| John Hancock | 22,059 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 21,063 | 0 | 0 | 0 | For |
| Nuveen | 20,139 | 0 | 0 | 0 | For |
| JPMorgan | 19,754 | 0 | 0 | 0 | For |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,625 | 0 | 0 | 0 | For |
| Voya | 14,295 | 0 | 0 | 0 | For |
| Northern Trust | 14,142 | 0 | 0 | 0 | For |
| Prudential/PGIM | 13,628 | 0 | 0 | 0 | For |
Showing the 25 largest of 60 asset managers. All 60 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of five directors to serve until the annual meeting of stockholders in 2027: LaSalle D. Leffall III
SAUL CENTERS INC.’s own tally for this item (“Elect Director: LaSalle D. Leffall III”): 22,000,372 for, 50,500 withheld, per its Form 8-K filed May 21, 2024 (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: “On May 17, 2024, the Company held its Annual Meeting of Stockholders, at which Philip D. Caraci, Willoughby B. Laycock, LaSalle D. Leffall III, Earl A. Powell III, and Mark Sullivan III were elected to the Board of Directors for three-year terms expiring at the 2027 Annual Meeting.”
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 60 asset managers below reported 6,583,118 for, 3,420 withheld, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 1,494,851 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,218,701 | 0 | 0 | 0 | For |
| Principal | 398,368 | 0 | 0 | 0 | For |
| Fidelity | 296,457 | 0 | 0 | 0 | For |
| State Street | 220,106 | 0 | 0 | 0 | For |
| Dimensional | 165,337 | 0 | 0 | 0 | For |
| Invesco | 100,690 | 0 | 0 | 0 | For |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 80,448 | 0 | 0 | 0 | For |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 36,311 | 0 | 0 | 0 | For |
| TIAA | 30,415 | 0 | 0 | 0 | For |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 28,506 | 0 | 0 | 0 | For |
| Equitable | 25,420 | 0 | 0 | 0 | For |
| John Hancock | 22,059 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 21,063 | 0 | 0 | 0 | For |
| Nuveen | 20,139 | 0 | 0 | 0 | For |
| JPMorgan | 19,754 | 0 | 0 | 0 | For |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,625 | 0 | 0 | 0 | For |
| Voya | 14,295 | 0 | 0 | 0 | For |
| Northern Trust | 14,142 | 0 | 0 | 0 | For |
| Prudential/PGIM | 13,628 | 0 | 0 | 0 | For |
Showing the 25 largest of 60 asset managers. All 60 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of five directors to serve until the annual meeting of stockholders in 2027: Mark Sullivan III
SAUL CENTERS INC.’s own tally for this item (“Elect Director: Mark Sullivan III”): 21,817,106 for, 233,766 withheld, per its Form 8-K filed May 21, 2024 (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: “On May 17, 2024, the Company held its Annual Meeting of Stockholders, at which Philip D. Caraci, Willoughby B. Laycock, LaSalle D. Leffall III, Earl A. Powell III, and Mark Sullivan III were elected to the Board of Directors for three-year terms expiring at the 2027 Annual Meeting.”
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 60 asset managers below reported 6,575,365 for, 11,173 withheld, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 1,494,851 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,218,701 | 0 | 0 | 0 | For |
| Principal | 398,368 | 0 | 0 | 0 | For |
| Fidelity | 296,457 | 0 | 0 | 0 | For |
| State Street | 220,050 | 0 | 0 | 56 | For |
| Dimensional | 165,337 | 0 | 0 | 0 | For |
| Invesco | 100,690 | 0 | 0 | 0 | For |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 80,448 | 0 | 0 | 0 | For |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 36,311 | 0 | 0 | 0 | For |
| TIAA | 30,415 | 0 | 0 | 0 | For |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 28,506 | 0 | 0 | 0 | For |
| Equitable | 18,930 | 0 | 0 | 6,490 | Mixed |
| John Hancock | 22,059 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 21,063 | 0 | 0 | 0 | For |
| Nuveen | 20,139 | 0 | 0 | 0 | For |
| JPMorgan | 19,754 | 0 | 0 | 0 | For |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,625 | 0 | 0 | 0 | For |
| Voya | 14,295 | 0 | 0 | 0 | For |
| Northern Trust | 14,142 | 0 | 0 | 0 | For |
| Prudential/PGIM | 13,628 | 0 | 0 | 0 | For |
Showing the 25 largest of 60 asset managers. All 60 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
69% Majority: yes · of votes cast
Description as filed by funds: Election of five directors to serve until the annual meeting of stockholders in 2027: Philip D. Caraci
SAUL CENTERS INC.’s own tally for this item (“Elect Director: Philip D. Caraci”): 15,205,622 for, 6,845,250 withheld, per its Form 8-K filed May 21, 2024 (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: 69% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 60 asset managers below reported 2,594,254 for, 3,942,287 withheld, 49,997 abstained, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 1,494,851 | Withhold |
| T. Rowe Price | 22,186 | 0 | 0 | 1,196,515 | Withhold |
| Principal | 0 | 0 | 0 | 398,368 | Withhold |
| Fidelity | 287,203 | 0 | 0 | 9,254 | For |
| State Street | 162 | 0 | 0 | 219,944 | Withhold |
| Dimensional | 0 | 0 | 0 | 165,337 | Withhold |
| Invesco | 0 | 0 | 0 | 100,690 | Withhold |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 0 | 0 | 0 | 80,448 | Withhold |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 0 | 0 | 36,311 | Withhold |
| TIAA | 0 | 0 | 0 | 30,415 | Withhold |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 0 | 0 | 0 | 28,506 | Withhold |
| Equitable | 0 | 0 | 0 | 25,420 | Withhold |
| John Hancock | 0 | 0 | 22,059 | 0 | Abstain |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 21,063 | Withhold |
| Nuveen | 0 | 0 | 0 | 20,139 | Withhold |
| JPMorgan | 0 | 0 | 19,754 | 0 | Abstain |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 0 | 0 | 15,625 | Withhold |
| Voya | 0 | 0 | 0 | 14,295 | Withhold |
| Northern Trust | 0 | 0 | 0 | 14,142 | Withhold |
| Prudential/PGIM | 13,628 | 0 | 0 | 0 | For |
Showing the 25 largest of 60 asset managers. All 60 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of five directors to serve until the annual meeting of stockholders in 2027: Willoughby B. Laycock
SAUL CENTERS INC.’s own tally for this item (“Elect Director: Willoughby B. Laycock”): 21,114,789 for, 936,083 withheld, per its Form 8-K filed May 21, 2024 (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: “On May 17, 2024, the Company held its Annual Meeting of Stockholders, at which Philip D. Caraci, Willoughby B. Laycock, LaSalle D. Leffall III, Earl A. Powell III, and Mark Sullivan III were elected to the Board of Directors for three-year terms expiring at the 2027 Annual Meeting.”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 60 asset managers below reported 6,251,971 for, 305,099 withheld, 29,468 abstained, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 1,494,851 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,218,701 | 0 | 0 | 0 | For |
| Principal | 398,368 | 0 | 0 | 0 | For |
| Fidelity | 296,457 | 0 | 0 | 0 | For |
| State Street | 368 | 0 | 0 | 219,738 | Withhold |
| Dimensional | 165,337 | 0 | 0 | 0 | For |
| Invesco | 100,690 | 0 | 0 | 0 | For |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 80,448 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 0 | 0 | 37,608 | Withhold |
| Columbia Threadneedle | 36,311 | 0 | 0 | 0 | For |
| TIAA | 30,415 | 0 | 0 | 0 | For |
| Jackson National | 0 | 0 | 29,468 | 0 | Abstain |
| Principal Real Estate Income Fund | 28,506 | 0 | 0 | 0 | For |
| Equitable | 25,420 | 0 | 0 | 0 | For |
| John Hancock | 22,059 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 21,063 | 0 | 0 | 0 | For |
| Nuveen | 20,139 | 0 | 0 | 0 | For |
| JPMorgan | 19,754 | 0 | 0 | 0 | For |
| BNY Mellon | 0 | 0 | 0 | 18,966 | Withhold |
| Lincoln Financial | 5,659 | 0 | 0 | 9,966 | Mixed |
| Voya | 14,295 | 0 | 0 | 0 | For |
| Northern Trust | 14,142 | 0 | 0 | 0 | For |
| Prudential/PGIM | 0 | 0 | 0 | 13,628 | Withhold |
Showing the 25 largest of 60 asset managers. All 60 are in the interactive database (link above).
99.7% of fund votes cast · no official result
Description as filed by funds: Approval of an amendment to our charter to increase the number of authorized shares of common stock to 50 million and increase the number of authorized shares of excess stock to 51 million.
The 61 asset managers below reported 6,581,928 for, 13,628 against. 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 | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 1,494,851 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,218,701 | 0 | 0 | 0 | For |
| Principal | 398,368 | 0 | 0 | 0 | For |
| Fidelity | 296,457 | 0 | 0 | 0 | For |
| State Street | 220,106 | 0 | 0 | 0 | For |
| Dimensional | 165,337 | 0 | 0 | 0 | For |
| Invesco | 100,690 | 0 | 0 | 0 | For |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 80,448 | 0 | 0 | 0 | For |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 36,311 | 0 | 0 | 0 | For |
| TIAA | 30,415 | 0 | 0 | 0 | For |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 28,506 | 0 | 0 | 0 | For |
| Equitable | 25,420 | 0 | 0 | 0 | For |
| John Hancock | 22,059 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 21,063 | 0 | 0 | 0 | For |
| Nuveen | 20,139 | 0 | 0 | 0 | For |
| JPMorgan | 19,754 | 0 | 0 | 0 | For |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,625 | 0 | 0 | 0 | For |
| Voya | 14,295 | 0 | 0 | 0 | For |
| Northern Trust | 14,142 | 0 | 0 | 0 | For |
| Prudential/PGIM | 0 | 13,628 | 0 | 0 | Against |
Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
68% Approved · of votes cast
Description as filed by funds: Approval of the Company's 2024 Stock Incentive Plan.
SAUL CENTERS INC.’s own tally for this item (“The stockholders voted to approve the Company's 2024 Stock Incentive Plan.”): 14,887,693 for, 7,143,085 against — passed, per its Form 8-K filed May 21, 2024 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The stockholders voted to approve the Company's 2024 Stock Incentive Plan.”
Support: 68% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 62 asset managers below reported 2,795,783 for, 3,799,773 against, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 0 | 1,494,851 | 0 | 0 | Against |
| T. Rowe Price | 0 | 1,218,701 | 0 | 0 | Against |
| Principal | 0 | 398,368 | 0 | 0 | Against |
| Fidelity | 287,203 | 9,254 | 0 | 0 | For |
| State Street | 219,845 | 261 | 0 | 0 | For |
| Dimensional | 0 | 165,337 | 0 | 0 | Against |
| Invesco | 0 | 100,690 | 0 | 0 | Against |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 0 | 80,448 | 0 | 0 | Against |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 36,311 | 0 | 0 | Against |
| TIAA | 0 | 30,415 | 0 | 0 | Against |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 0 | 28,506 | 0 | 0 | Against |
| Equitable | 0 | 25,420 | 0 | 0 | Against |
| John Hancock | 0 | 22,059 | 0 | 0 | Against |
| QUANTITATIVE MASTER SERIES LLC | 0 | 21,063 | 0 | 0 | Against |
| Nuveen | 0 | 20,139 | 0 | 0 | Against |
| JPMorgan | 0 | 19,754 | 0 | 0 | Against |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 9,966 | 5,659 | 0 | 0 | Mixed |
| Voya | 0 | 14,295 | 0 | 0 | Against |
| Northern Trust | 0 | 14,142 | 0 | 0 | Against |
| Prudential/PGIM | 0 | 13,628 | 0 | 0 | Against |
Showing the 25 largest of 62 asset managers. All 62 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: Ratification of Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2024.
SAUL CENTERS INC.’s own tally for this item (“The stockholders voted in favor of the ratification of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm as follows:”): 23,013,333 for, 9,068 against, per its Form 8-K filed May 21, 2024 (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: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 62 asset managers below reported 6,589,307 for, 6,249 against, 9,706 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,056,383 | 0 | 0 | 0 | For |
| BlackRock | 1,494,851 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,218,701 | 0 | 0 | 0 | For |
| Principal | 398,368 | 0 | 0 | 0 | For |
| Fidelity | 296,457 | 0 | 0 | 0 | For |
| State Street | 220,106 | 0 | 0 | 0 | For |
| Dimensional | 165,337 | 0 | 0 | 0 | For |
| Invesco | 100,690 | 0 | 0 | 0 | For |
| Charles Schwab | 100,232 | 0 | 0 | 0 | For |
| Northwestern Mutual | 80,448 | 0 | 0 | 0 | For |
| WisdomTree | 37,608 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 36,311 | 0 | 0 | 0 | For |
| TIAA | 30,415 | 0 | 0 | 0 | For |
| Jackson National | 29,468 | 0 | 0 | 0 | For |
| Principal Real Estate Income Fund | 28,506 | 0 | 0 | 0 | For |
| Equitable | 25,420 | 0 | 0 | 0 | For |
| John Hancock | 22,059 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 21,063 | 0 | 0 | 0 | For |
| Nuveen | 20,139 | 0 | 0 | 0 | For |
| JPMorgan | 19,754 | 0 | 0 | 0 | For |
| BNY Mellon | 18,966 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,625 | 0 | 0 | 0 | For |
| Voya | 14,295 | 0 | 0 | 0 | For |
| Northern Trust | 14,142 | 0 | 0 | 0 | For |
| Prudential/PGIM | 13,628 | 0 | 0 | 0 | For |
Showing the 25 largest of 62 asset managers. All 62 are in the interactive database (link above).
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 23,981,695 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 8.57% |
| 2 | BlackRock | 6.23% |
| 3 | T. Rowe Price | 5.08% |
| 4 | Principal | 1.66% |
| 5 | Fidelity | 1.24% |
| 6 | State Street | 0.92% |
| 7 | Dimensional | 0.69% |
| 8 | Invesco | 0.42% |
| 9 | Charles Schwab | 0.42% |
| 10 | Northwestern Mutual | 0.34% |
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 |
|---|---|---|
| B. Francis Saul II | 50.60% | DEF14A |
| T. Rowe Price | 8.93% | DEF14A |
| BlackRock | 8.65% | 13F |
| Vanguard Group | 7.96% | 13F |
| State Street | 2.18% | 13F |
| Geode Capital | 1.26% | 13F |
| Renaissance Technologies | 0.86% | 13F |
| Dimensional Fund Advisors | 0.85% | 13F |
| Morgan Stanley | 0.83% | 13F |
| John F. Collich | 0.79% | DEF14A |
Percentages above are of 23,981,695 shares outstanding, as reported by SAUL CENTERS INC. on its Form 10-Q dated April 29, 2024 (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 SAUL CENTERS INC.’s 10-Q dated April 29, 2024. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
SAUL CENTERS INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.
proxyvotesnow.com, “SAUL CENTERS (BFS) 2024 Annual Meeting: Vote Results & How Funds Voted”, https://proxyvotesnow.com/company/saul-centers-inc/2024 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.