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Compiled from SEC Form N-PX filings and TOAST INC.’s Form 8-K, filed 2024-06-10 (Item 5.07 on EDGAR). Page generated 04 October 2026.
Explore TOAST INC. in the interactive database Compare manager voting policies
These tallies are TOAST INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-06-10 (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: Stephen Fredette | 1,340,939,003 | -- | -- | 24,615,473 | 66,445,793 | Majority: yes |
| Elect Director: Aman Narang | 1,346,695,266 | -- | -- | 18,859,210 | 66,445,793 | Majority: yes |
| Elect Director: Deval L. Patrick | 1,298,619,447 | -- | -- | 66,935,029 | 66,445,793 | Majority: yes |
| Proposal Two: Ratification of Appointment of Independent Registered Public Accounting Firm The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fisca | 1,430,539,263 | 1,035,955 | 425,051 | -- | 0 | Majority: yes |
| Proposal Three: Advisory Vote on Compensation of Named Executive Officers The Company's stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers for the fiscal year ended December | 1,322,219,594 | 42,867,144 | 467,738 | -- | 66,445,793 | Majority: yes |
| Proposal Four: Approval of an Amendment to our Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by Delaware law The Company's stockholders approved the Officer Exculpat | 355,816,972 | 94,204,970 | 310,879 | -- | 66,445,793 | Majority: yes |
Source: TOAST INC., Form 8-K, filed with the SEC on 2024-06-10 — read the filing on EDGAR.
Each item below shows how the 464 asset managers that disclosed a TOAST 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.
Meeting held 2024-06-06.
Combines 22 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Proposal Three: Advisory Vote on Compensation of Named Executive Officers The Company's stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers for the fiscal ”): 1,322,219,594 for, 42,867,144 against, per its Form 8-K filed 2024-06-10 (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 456 asset managers below cast 84% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the company's reported shares outstanding.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| 12 West Capital Management LP | 219,390,800 | 0 | 0 | 0 | For |
| Capital Group | 93 | 61,032,254 | 0 | 0 | Against |
| T. Rowe Price | 44,489,707 | 0 | 0 | 0 | For |
| Vanguard | 36,480,790 | 0 | 0 | 0 | For |
| Fidelity | 28,352,487 | 0 | 0 | 0 | For |
| Man Group plc | 0 | 17,734,670 | 0 | 0 | Against |
| Durable Capital Partners LP | 15,943,931 | 0 | 0 | 0 | For |
| Technology Crossover Management X, Ltd. | 15,016,908 | 0 | 0 | 0 | For |
| BlackRock | 13,628,326 | 0 | 0 | 0 | For |
| Abdiel Capital Advisors, LP | 10,050,701 | 0 | 0 | 0 | For |
| GREENOAKS CAPITAL PARTNERS LLC | 8,441,611 | 0 | 0 | 0 | For |
| Dragoneer Investment Group, LLC | 7,565,152 | 0 | 0 | 0 | For |
| State Street | 6,015,187 | 0 | 0 | 0 | For |
| GENERATION INVESTMENT MANAGEMENT LLP | 5,755,568 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 5,555,397 | 0 | 0 | 0 | For |
| AMCAP FUND | 0 | 5,205,222 | 0 | 0 | Against |
| XN LP | 5,055,225 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 4,970,000 | 0 | 0 | 0 | For |
| Charles Schwab | 4,798,809 | 0 | 0 | 0 | For |
| Nikko Asset Management Co., Ltd. | 4,569,849 | 0 | 0 | 0 | For |
| Federated Hermes | 3,252,549 | 4,214 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 3,223,053 | 0 | 0 | 0 | For |
| Whale Rock Capital Management LLC | 3,199,474 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 0 | 2,820,089 | 0 | 0 | Against |
| ARK ETF Trust | 2,582,347 | 0 | 0 | 0 | For |
Showing the 25 largest of 456 asset managers. See all 456 in the interactive database.
Meeting held 2024-06-06.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Elect Director: Stephen Fredette”): 1,340,939,003 for, 24,615,473 withheld, per its Form 8-K filed 2024-06-10 (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 98 asset managers below cast 100% of the shares they voted on this item FOR (134,547,035 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 35,951,213 | 0 | 0 | 0 | For |
| Capital Group | 25,570,162 | 0 | 0 | 0 | For |
| T. Rowe Price | 18,894,585 | 0 | 0 | 0 | For |
| Fidelity | 15,099,216 | 0 | 0 | 0 | For |
| AMCAP FUND | 5,205,222 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 4,970,000 | 0 | 0 | 0 | For |
| BlackRock | 3,316,975 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 3,223,053 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,820,089 | 0 | 0 | 0 | For |
| ARK ETF Trust | 2,582,347 | 0 | 0 | 0 | For |
| Charles Schwab | 2,394,317 | 0 | 0 | 0 | For |
| First Trust | 2,239,443 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,839,807 | 0 | 0 | 0 | For |
| Federated Hermes | 1,611,966 | 0 | 0 | 0 | For |
| Virtus | 1,547,852 | 0 | 0 | 0 | For |
| Jackson National | 1,321,343 | 0 | 8,378 | 0 | For |
| TIAA | 1,129,159 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 570,256 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 454,335 | 0 | Abstain |
| WisdomTree | 427,186 | 0 | 0 | 0 | For |
| Global X | 415,008 | 0 | 0 | 0 | For |
| Equitable | 404,273 | 0 | 0 | 0 | For |
| Voya | 301,204 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 292,677 | 0 | 0 | 0 | For |
| Nushares ETF Trust | 287,077 | 0 | 0 | 0 | For |
Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.
Meeting held 2024-06-06.
Combines 5 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Elect Director: Aman Narang”): 1,346,695,266 for, 18,859,210 withheld, per its Form 8-K filed 2024-06-10 (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 98 asset managers below cast 100% of the shares they voted on this item FOR (134,716,206 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 35,951,213 | 0 | 0 | 0 | For |
| Capital Group | 25,570,162 | 0 | 0 | 0 | For |
| T. Rowe Price | 18,894,585 | 0 | 0 | 0 | For |
| Fidelity | 15,099,216 | 0 | 0 | 0 | For |
| AMCAP FUND | 5,205,222 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 4,970,000 | 0 | 0 | 0 | For |
| BlackRock | 3,316,975 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 3,223,053 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,820,089 | 0 | 0 | 0 | For |
| ARK ETF Trust | 2,582,347 | 0 | 0 | 0 | For |
| Charles Schwab | 2,394,317 | 0 | 0 | 0 | For |
| First Trust | 2,239,443 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,839,807 | 0 | 0 | 0 | For |
| Federated Hermes | 1,611,966 | 0 | 0 | 0 | For |
| Virtus | 1,547,852 | 0 | 0 | 0 | For |
| Jackson National | 1,321,343 | 0 | 8,378 | 0 | For |
| TIAA | 1,129,159 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 570,256 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 454,335 | 0 | Abstain |
| WisdomTree | 427,186 | 0 | 0 | 0 | For |
| Global X | 415,008 | 0 | 0 | 0 | For |
| Equitable | 404,273 | 0 | 0 | 0 | For |
| Voya | 301,204 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 292,677 | 0 | 0 | 0 | For |
| Nushares ETF Trust | 287,077 | 0 | 0 | 0 | For |
Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.
Meeting held 2024-06-06.
Combines 6 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Elect Director: Deval L. Patrick”): 1,298,619,447 for, 66,935,029 withheld, per its Form 8-K filed 2024-06-10 (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 98 asset managers below cast 99.9% of the shares they voted on this item FOR (129,441,366 for, 2,956 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 35,145,550 | 0 | 805,663 | 0 | For |
| Capital Group | 25,570,162 | 0 | 0 | 0 | For |
| T. Rowe Price | 18,894,585 | 0 | 0 | 0 | For |
| Fidelity | 15,099,216 | 0 | 0 | 0 | For |
| AMCAP FUND | 5,205,222 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 4,970,000 | 0 | 0 | 0 | For |
| BlackRock | 3,316,975 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 3,223,053 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,820,089 | 0 | 0 | 0 | For |
| ARK ETF Trust | 2,582,347 | 0 | 0 | 0 | For |
| Charles Schwab | 2,394,317 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 2,239,443 | 0 | Abstain |
| Bridge Builder Trust | 1,602,215 | 0 | 237,592 | 0 | For |
| Federated Hermes | 1,611,966 | 0 | 0 | 0 | For |
| Virtus | 1,547,852 | 0 | 0 | 0 | For |
| Jackson National | 1,123,635 | 0 | 206,086 | 0 | For |
| TIAA | 1,129,159 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 570,256 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 454,335 | 0 | Abstain |
| WisdomTree | 427,186 | 0 | 0 | 0 | For |
| Global X | 0 | 0 | 415,008 | 0 | Abstain |
| Equitable | 313,390 | 0 | 90,883 | 0 | For |
| Voya | 0 | 0 | 301,204 | 0 | Abstain |
| AMERICAN BEACON FUNDS | 0 | 0 | 292,677 | 0 | Abstain |
| Nushares ETF Trust | 287,077 | 0 | 0 | 0 | For |
Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.
Meeting held 2024-06-06.
Combines 6 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Proposal Two: Ratification of Appointment of Independent Registered Public Accounting Firm The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accountin”): 1,430,539,263 for, 1,035,955 against, per its Form 8-K filed 2024-06-10 (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 98 asset managers below cast 99.5% of the shares they voted on this item FOR (134,771,811 for, 572,747 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 35,951,213 | 0 | 0 | 0 | For |
| Capital Group | 25,570,162 | 0 | 0 | 0 | For |
| T. Rowe Price | 18,894,585 | 0 | 0 | 0 | For |
| Fidelity | 15,099,216 | 0 | 0 | 0 | For |
| AMCAP FUND | 5,205,222 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 4,970,000 | 0 | 0 | 0 | For |
| BlackRock | 3,316,975 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 3,223,053 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,820,089 | 0 | 0 | 0 | For |
| ARK ETF Trust | 2,582,347 | 0 | 0 | 0 | For |
| Charles Schwab | 2,394,317 | 0 | 0 | 0 | For |
| First Trust | 2,239,443 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,839,807 | 0 | 0 | 0 | For |
| Federated Hermes | 1,611,966 | 0 | 0 | 0 | For |
| Virtus | 1,547,852 | 0 | 0 | 0 | For |
| Jackson National | 1,329,721 | 0 | 0 | 0 | For |
| TIAA | 1,129,159 | 0 | 0 | 0 | For |
| Amplify ETF Trust | 0 | 570,256 | 0 | 0 | Against |
| Dimensional | 454,335 | 0 | 0 | 0 | For |
| WisdomTree | 427,186 | 0 | 0 | 0 | For |
| Global X | 415,008 | 0 | 0 | 0 | For |
| Equitable | 404,273 | 0 | 0 | 0 | For |
| Voya | 301,204 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 292,677 | 0 | 0 | 0 | For |
| Nushares ETF Trust | 287,077 | 0 | 0 | 0 | For |
Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.
Meeting held 2024-06-06.
Combines 5 wordings of this item as funds reported it.
79% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Proposal Four: Approval of an Amendment to our Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by Delaware law The Company's stockholders approved ”): 355,816,972 for, 94,204,970 against, per its Form 8-K filed 2024-06-10 (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 98 asset managers below cast 72% of the shares they voted on this item FOR (97,326,847 for, 38,017,695 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 35,145,550 | 805,663 | 0 | 0 | For |
| Capital Group | 25,570,162 | 0 | 0 | 0 | For |
| T. Rowe Price | 0 | 18,894,585 | 0 | 0 | Against |
| Fidelity | 10,067,172 | 5,032,044 | 0 | 0 | For |
| AMCAP FUND | 5,205,222 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 4,970,000 | 0 | 0 | 0 | For |
| BlackRock | 3,316,975 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 0 | 3,223,053 | 0 | 0 | Against |
| INVESTMENT CO OF AMERICA | 2,820,089 | 0 | 0 | 0 | For |
| ARK ETF Trust | 2,582,347 | 0 | 0 | 0 | For |
| Charles Schwab | 2,394,317 | 0 | 0 | 0 | For |
| First Trust | 0 | 2,239,443 | 0 | 0 | Against |
| Bridge Builder Trust | 1,602,215 | 237,592 | 0 | 0 | For |
| Federated Hermes | 1,611,966 | 0 | 0 | 0 | For |
| Virtus | 0 | 1,547,852 | 0 | 0 | Against |
| Jackson National | 373,000 | 956,721 | 0 | 0 | Against |
| TIAA | 0 | 1,129,159 | 0 | 0 | Against |
| Amplify ETF Trust | 570,256 | 0 | 0 | 0 | For |
| Dimensional | 0 | 454,335 | 0 | 0 | Against |
| WisdomTree | 0 | 427,186 | 0 | 0 | Against |
| Global X | 0 | 415,008 | 0 | 0 | Against |
| Equitable | 313,390 | 90,883 | 0 | 0 | For |
| Voya | 0 | 301,204 | 0 | 0 | Against |
| AMERICAN BEACON FUNDS | 0 | 292,677 | 0 | 0 | Against |
| Nushares ETF Trust | 0 | 287,077 | 0 | 0 | Against |
Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.
Meeting held 2025-06-13 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).
99% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Proposal Three: Advisory Vote on Compensation of Named Executive Officers The Company's stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers for the fiscal ”): 1,051,190,254 for, 14,164,118 against, per its Form 8-K filed 2025-06-17 (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 2 asset managers below cast 100% of the shares they voted on this item FOR (99 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Meixler Investment Management, Ltd. | 50 | 0 | 0 | 0 | For |
| Foster Victor Wealth Advisors, LLC | 49 | 0 | 0 | 0 | For |
Ranked by the number of TOAST INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 547,000,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | 12 West Capital Management LP | 40.11% |
| 2 | Capital Group | 11.16% |
| 3 | T. Rowe Price | 8.13% |
| 4 | Vanguard | 6.67% |
| 5 | Fidelity | 5.18% |
| 6 | Man Group plc | 3.24% |
| 7 | Durable Capital Partners LP | 2.91% |
| 8 | Technology Crossover Management X, Ltd. | 2.75% |
| 9 | BlackRock | 2.49% |
| 10 | Abdiel Capital Advisors, LP | 1.84% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| Vanguard Group | 8.18% | 13F |
| Capital International | 6.02% | 13F |
| FMR (Fidelity) | 5.00% | 13F |
| BlackRock | 4.84% | 13F |
| T. Rowe Price | 3.57% | 13F |
| JPMorgan Chase | 1.81% | 13F |
| Morgan Stanley | 1.78% | 13F |
| Bessemer Venture Partners IX, L.P. | 1.78% | 13G |
| Goldman Sachs | 1.47% | 13F |
| State Street | 1.33% | 13F |
Percentages above are of 547,000,000 shares outstanding, as reported by TOAST INC. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 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 TOAST INC.’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.
At TOAST INC.'s shareholder meeting held 2024-06-06, in the 2023-2024 proxy season, 464 asset managers reported how they voted on 7 ballot items in their SEC Form N-PX filings, covering 2,350 separate fund positions. On the most widely held item on that ballot — To approve, on an advisory (non- binding) basis, the compensation of our named executive… — FOR was 97% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: TOAST INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-06-10.
TOAST INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.