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Compiled from SEC Form N-PX filings and TOAST INC.’s Form 8-K, filed 2025-06-17 (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 2025-06-17 (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: Paul Bell | 1,000,428,349 | -- | -- | 65,264,165 | 95,589,597 | Majority: yes |
| Elect Director: Hilarie Koplow-McAdams | 1,007,467,233 | -- | -- | 58,225,281 | 95,589,597 | 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 | 1,159,597,111 | 1,031,913 | 653,087 | -- | 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 | 1,051,190,254 | 14,164,118 | 338,142 | -- | 95,589,597 | Majority: yes |
Source: TOAST INC., Form 8-K, filed with the SEC on 2025-06-17 — read the filing on EDGAR.
Each item below shows how the 610 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. 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 TOAST 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 16 wordings of this item as funds reported it.
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 595 asset managers below cast 97% of the shares they voted on this item FOR (437,964,652 for, 13,421,663 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 78,762,374 | 0 | 0 | 0 | For |
| T. Rowe Price | 63,266,808 | 0 | 0 | 0 | For |
| Fidelity | 55,640,706 | 0 | 0 | 0 | For |
| Vanguard | 45,386,819 | 5,029 | 0 | 0 | For |
| BlackRock | 18,737,640 | 0 | 0 | 0 | For |
| Durable Capital Partners LP | 11,211,417 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 7,722,855 | 0 | 0 | 0 | For |
| State Street | 7,337,053 | 0 | 0 | 0 | For |
| AMCAP FUND | 6,706,879 | 0 | 0 | 0 | For |
| Charles Schwab | 6,229,510 | 0 | 0 | 0 | For |
| JPMorgan | 6,014,498 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 5,121,391 | 0 | 0 | 0 | For |
| Nikko Asset Management Co., Ltd. | 5,015,328 | 0 | 0 | 0 | For |
| XN LP | 4,666,632 | 0 | 0 | 0 | For |
| Federated Hermes | 4,469,162 | 21,555 | 0 | 0 | For |
| Principal | 4,208,840 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 4,072,769 | 0 | 0 | 0 | For |
| Invesco | 0 | 3,531,607 | 0 | 0 | Against |
| Allspring | 3,434,580 | 0 | 0 | 0 | For |
| Abdiel Capital Advisors, LP | 3,385,115 | 0 | 0 | 0 | For |
| LORD, ABBETT & CO. LLC | 3,210,694 | 0 | 0 | 0 | For |
| Lord Abbett | 3,124,995 | 0 | 0 | 0 | For |
| BNP Paribas Asset Management Holding S.A. | 0 | 2,867,421 | 0 | 0 | Against |
| 1832 Asset Management L.P. | 2,650,877 | 0 | 0 | 0 | For |
| MARSHALL WACE, LLP | 2,648,633 | 0 | 0 | 0 | For |
Showing the 25 largest of 595 asset managers. See all 595 in the interactive database.
Combines 5 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”): 1,159,597,111 for, 1,031,913 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 126 asset managers below cast 99.7% of the shares they voted on this item FOR (195,255,259 for, 455,142 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 44,487,129 | 0 | 0 | 0 | For |
| Capital Group | 32,801,620 | 0 | 0 | 0 | For |
| Fidelity | 29,771,161 | 0 | 0 | 0 | For |
| T. Rowe Price | 25,046,434 | 0 | 0 | 0 | For |
| BlackRock | 8,241,861 | 0 | 0 | 0 | For |
| AMCAP FUND | 6,706,879 | 0 | 0 | 0 | For |
| Principal | 4,208,840 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 4,072,769 | 0 | 0 | 0 | For |
| Lord Abbett | 3,124,995 | 0 | 0 | 0 | For |
| Charles Schwab | 3,092,382 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 2,451,472 | 0 | 0 | 0 | For |
| Federated Hermes | 1,975,316 | 0 | 0 | 0 | For |
| Prudential/PGIM | 1,973,222 | 0 | 0 | 0 | For |
| First Trust | 1,881,832 | 0 | 0 | 0 | For |
| Jackson National | 1,870,092 | 0 | 0 | 0 | For |
| ARK ETF Trust | 1,838,652 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 1,729,162 | 0 | 0 | 0 | For |
| Invesco | 1,582,880 | 0 | 0 | 0 | For |
| Virtus | 1,420,637 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 1,365,000 | 0 | 0 | 0 | For |
| Allspring | 1,363,684 | 0 | 0 | 0 | For |
| TIAA | 1,346,493 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 1,200,000 | 0 | 0 | 0 | For |
| MassMutual | 815,386 | 0 | 0 | 0 | For |
| Putnam | 761,497 | 0 | 0 | 0 | For |
Showing the 25 largest of 126 asset managers. See all 126 in the interactive database.
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: Hilarie Koplow-McAdams”): 1,007,467,233 for, 58,225,281 withheld, 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 124 asset managers below cast 100% of the shares they voted on this item FOR (182,639,825 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 43,444,474 | 0 | 1,042,655 | 0 | For |
| Capital Group | 32,801,620 | 0 | 0 | 0 | For |
| Fidelity | 29,684,761 | 0 | 86,400 | 0 | For |
| T. Rowe Price | 25,046,434 | 0 | 0 | 0 | For |
| BlackRock | 8,241,861 | 0 | 0 | 0 | For |
| AMCAP FUND | 6,706,879 | 0 | 0 | 0 | For |
| Principal | 0 | 0 | 4,208,840 | 0 | Abstain |
| INVESTMENT CO OF AMERICA | 4,072,769 | 0 | 0 | 0 | For |
| Lord Abbett | 3,124,995 | 0 | 0 | 0 | For |
| Charles Schwab | 3,092,382 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 2,451,472 | 0 | 0 | 0 | For |
| Federated Hermes | 1,975,316 | 0 | 0 | 0 | For |
| Prudential/PGIM | 1,973,222 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 1,881,832 | 0 | Abstain |
| Jackson National | 1,458,197 | 0 | 411,895 | 0 | For |
| ARK ETF Trust | 1,838,652 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 762,155 | 0 | 967,007 | 0 | Abstain |
| Invesco | 1,582,880 | 0 | 0 | 0 | For |
| Virtus | 1,420,637 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 1,365,000 | 0 | 0 | 0 | For |
| Allspring | 0 | 0 | 1,363,684 | 0 | Abstain |
| TIAA | 1,346,493 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 1,200,000 | 0 | 0 | 0 | For |
| MassMutual | 815,386 | 0 | 0 | 0 | For |
| Putnam | 761,497 | 0 | 0 | 0 | For |
Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.
Combines 5 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
TOAST INC.’s own tally for this item (“Elect Director: Paul Bell”): 1,000,428,349 for, 65,264,165 withheld, 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 124 asset managers below cast 100% of the shares they voted on this item FOR (182,508,689 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 43,444,474 | 0 | 1,042,655 | 0 | For |
| Capital Group | 32,801,620 | 0 | 0 | 0 | For |
| Fidelity | 29,684,761 | 0 | 86,400 | 0 | For |
| T. Rowe Price | 25,046,434 | 0 | 0 | 0 | For |
| BlackRock | 8,241,861 | 0 | 0 | 0 | For |
| AMCAP FUND | 6,706,879 | 0 | 0 | 0 | For |
| Principal | 0 | 0 | 4,208,840 | 0 | Abstain |
| INVESTMENT CO OF AMERICA | 4,072,769 | 0 | 0 | 0 | For |
| Lord Abbett | 3,124,995 | 0 | 0 | 0 | For |
| Charles Schwab | 3,092,382 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 2,451,472 | 0 | 0 | 0 | For |
| Federated Hermes | 1,975,316 | 0 | 0 | 0 | For |
| Prudential/PGIM | 1,973,222 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 1,881,832 | 0 | Abstain |
| Jackson National | 1,458,197 | 0 | 411,895 | 0 | For |
| ARK ETF Trust | 1,838,652 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 762,155 | 0 | 967,007 | 0 | Abstain |
| Invesco | 1,582,880 | 0 | 0 | 0 | For |
| Virtus | 1,420,637 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 1,365,000 | 0 | 0 | 0 | For |
| Allspring | 0 | 0 | 1,363,684 | 0 | Abstain |
| TIAA | 1,346,493 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 1,200,000 | 0 | 0 | 0 | For |
| MassMutual | 815,386 | 0 | 0 | 0 | For |
| Putnam | 761,497 | 0 | 0 | 0 | For |
Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.
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 6 asset managers below cast 52.3% of the shares they voted on this item FOR (2,225 for, 2,028 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Focus Partners Wealth | 1,624 | 2,028 | 0 | 0 | Against |
| LEAVELL INVESTMENT MANAGEMENT, INC. | 0 | 0 | 0 | 0 | Not Voted |
| River Street Advisors LLC | 400 | 0 | 0 | 0 | For |
| Simplify Exchange Traded Funds | 123 | 0 | 0 | 0 | For |
| Baker Avenue Asset Management, LP | 78 | 0 | 0 | 0 | For |
| SCHOLTZ & COMPANY, LLC | 0 | 0 | 0 | 0 | -- |
All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.
100% fund support · no official result
The 2 asset managers below cast 100% of the shares they voted on this item FOR.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| AMERICAN PENSION INVESTORS TRUST | 7,600 | 0 | 0 | 0 | For |
| Simplify Exchange Traded Funds | 123 | 0 | 0 | 0 | For |
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 (63 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lido Advisors, LLC | 53 | 0 | 0 | 0 | For |
| Pinnacle Family Advisors, LLC | 10 | 0 | 0 | 0 | For |
Ranked by the number of TOAST INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 575,000,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Capital Group | 13.70% |
| 2 | T. Rowe Price | 11.00% |
| 3 | Fidelity | 9.68% |
| 4 | Vanguard | 7.89% |
| 5 | BlackRock | 3.26% |
| 6 | Durable Capital Partners LP | 1.95% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 1.34% |
| 8 | State Street | 1.28% |
| 9 | AMCAP FUND | 1.17% |
| 10 | Charles Schwab | 1.08% |
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 | 7.64% | 13F |
| Stephen Fredette | 5.32% | 13G |
| FMR (Fidelity) | 4.69% | 13F |
| BlackRock | 4.45% | 13F |
| T. Rowe Price | 4.08% | 13F |
| Technology Investment Dining Group, LLC | 3.89% | 13G |
| JPMorgan Chase | 1.64% | 13F |
| State Street | 1.56% | 13F |
| Geode Capital | 1.34% | 13F |
| Norges Bank | 0.99% | 13F |
Percentages above are of 575,000,000 shares outstanding, as reported by TOAST INC. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 2025-03-31. 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 2025-06-13, in the 2024-2025 proxy season, 610 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,628 separate fund positions. Their filings are grouped here into 7 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 — To approve, on an advisory (non- binding) basis, the compensation of our named executive… — FOR was 99% 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 2025-06-17.
TOAST INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.