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TOLL BROTHERS INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and TOLL BROTHERS INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 21Reported items
  • 626Asset managers
  • 8,492Fund votes
  • 2025-03-11Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore TOLL BROTHERS INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by TOLL BROTHERS INC.

These tallies are TOLL BROTHERS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (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.

TOLL BROTHERS INC. — official shareholder meeting results, meeting held 2025-03-11
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Douglas C. Yearley, Jr. 76,097,0102,369,313116,818 --9,300,406 Majority: yes
Elect Director: Stephen F. East 78,120,808340,428121,905 --9,300,406 Majority: yes
Elect Director: Christine N. Garvey 76,720,4141,743,254119,473 --9,300,406 Majority: yes
Elect Director: Karen H. Grimes 77,589,965850,195142,981 --9,300,406 Majority: yes
Elect Director: Derek T. Kan 78,118,469344,729119,943 --9,300,406 Majority: yes
Elect Director: John A. McLean 77,163,7791,299,409119,953 --9,300,406 Majority: yes
Elect Director: Wendell E. Pritchett 77,612,251850,250120,640 --9,300,406 Majority: yes
Elect Director: Judith A. Reinsdorf 78,114,248349,597119,296 --9,300,406 Majority: yes
Elect Director: Katherine M. Sandstrom 72,331,8476,131,568119,726 --9,300,406 Majority: yes
Elect Director: Paul E. Shapiro 75,668,0732,797,497117,571 --9,300,406 Majority: yes
Elect Director: Scott D. Stowell 77,619,612842,095121,434 --9,300,406 Majority: yes
Proposal Two – Ratification of the Re-Appointment of Independent Registered Public Accounting Firm: 85,401,0452,360,566121,936 ---- Majority: yes
Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay): 76,416,5271,991,908174,706 --9,300,406 Majority: yes
Proposal Four - Approval of Amendment to the Toll Brothers, Inc. Second Restated Certificate of Incorporation, as Amended 78,270,776261,83450,531 --9,300,406 Majority: yes

Source: TOLL BROTHERS INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the TOLL BROTHERS INC. 2024-2025 meeting

Each item below shows how the 626 asset managers that disclosed a TOLL BROTHERS 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 TOLL BROTHERS 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.

1. The approval, in an advisory and non-binding vote, of the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 19 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 76,416,527AGAINST: 1,991,908

TOLL BROTHERS INC.’s own tally for this item (“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay):”): 76,416,527 for, 1,991,908 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 77% for, 2% against (79% of the company cast a for/against vote).

The 356 asset managers below cast 99.0% of the shares they voted on this item FOR (30,072,555 for, 297,560 against).

FOR 99%
FOR: 30,072,555 (98.8%)AGAINST: 297,560 (1.0%)ABSTAIN: 73,174 (0.2%)NOT VOTED: 2,681 (0.0%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “The approval, in an advisory and non-binding vote, of the compensation of the Company's named executive office” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock11,497,895869 00For
GREENHAVEN ASSOCIATES INC5,300,7290 00For
Charles Schwab1,353,1210 00For
JENNISON ASSOCIATES LLC1,324,1722,128 00For
Prudential/PGIM1,230,8940 00For
Northern Trust804,0660 00For
Fiera Capital Corp793,9070 00For
LSV ASSET MANAGEMENT669,1700 00For
Jackson National377,5030 00For
Bridgewater376,6680 00For
SEI374,6051,237 00For
Bridge Builder Trust355,1080 00For
Shellback Capital, LP354,3580 00For
BALYASNY ASSET MANAGEMENT L.P.294,5440 00For
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC273,9440 00For
Retirement Systems of Alabama217,7760 00For
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC166,4800 00For
JPMorgan159,1120 00For
EA Series Trust153,1820 00For
John Hancock149,2620 00For
COMERICA BANK130,95310,707 00For
BANK OF AMERICA NA141,5120 00For
ETF Series Solutions135,806461 00For
ASSETMARK, INC133,809409 00For
Janney Montgomery Scott LLC130,8380 00For

Showing the 25 largest of 356 asset managers. See all 356 in the interactive database.

2. The approval, in an advisory and non-binding votes of the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 2 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 76,416,527AGAINST: 1,991,908

TOLL BROTHERS INC.’s own tally for this item (“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay):”): 76,416,527 for, 1,991,908 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 77% for, 2% against (79% of the company cast a for/against vote).

The 251 asset managers below cast 98% of the shares they voted on this item FOR (55,871,009 for, 980,318 against).

FOR 98%
FOR: 55,871,009 (98.3%)AGAINST: 980,318 (1.7%)
Largest asset managers voting on “The approval, in an advisory and non-binding votes of the compensation of the Company's named executive office” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,449,0980 00For
Fidelity6,863,4650 00For
Capital Group6,474,8980 00For
State Street4,542,8120 00For
Invesco3,619,1680 00For
GEODE CAPITAL MANAGEMENT, LLC2,183,3930 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/2,150,3280 00For
Dimensional1,651,9650 00For
MFS1,516,6900 00For
Victory Capital1,089,2660 00For
First Trust1,050,9460 00For
AQR879,0910 00For
Holocene Advisors, LP780,8690 00For
PICTET ASSET MANAGEMENT SA746,5970 00For
MELLON INVESTMENTS Corp727,5150 00For
D1 Capital Partners L.P.685,6530 00For
Citadel483,3190 00For
BAMCO INC /NY/476,3000 00For
BARON SELECT FUNDS476,3000 00For
Junto Capital Management LP426,4330 00For
American Century386,2320 00For
Point72287,2740 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC284,5850 00For
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.281,8850 00For
UBS0278,355 00Against

Showing the 25 largest of 251 asset managers. See all 251 in the interactive database.

3. Election of Directors: Christine N. Garvey

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 76,720,414AGAINST: 1,743,254

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Christine N. Garvey”): 76,720,414 for, 1,743,254 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 77% for, 2% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.8% of the shares they voted on this item FOR (39,177,105 for, 75,226 against).

FOR 99.6%
FOR: 39,177,105 (99.6%)AGAINST: 75,226 (0.2%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Christine N. Garvey” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,907256 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

4. Election of Directors: Douglas C. Yearley, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 76,097,010AGAINST: 2,369,313

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Douglas C. Yearley, Jr.”): 76,097,010 for, 2,369,313 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 76% for, 2% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.3% of the shares they voted on this item FOR (38,994,641 for, 257,690 against).

FOR 99.1%
FOR: 38,994,641 (99.2%)AGAINST: 257,690 (0.7%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Douglas C. Yearley, Jr.” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,142,02768,168 00For
State Street1,162,965198 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust152,365817 00For
AIG/SunAmerica150,3670 00For
John Hancock60,59288,670 00Against

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

5. Election of Directors: Judith A. Reinsdorf

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 78,114,248AGAINST: 349,597

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Judith A. Reinsdorf”): 78,114,248 for, 349,597 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.4% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.9% of the shares they voted on this item FOR (39,235,368 for, 16,964 against).

FOR 99.7%
FOR: 39,235,368 (99.8%)AGAINST: 16,964 (0.0%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Judith A. Reinsdorf” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,991172 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

6. Election of Directors: Karen H. Grimes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 77,589,965AGAINST: 850,195

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Karen H. Grimes”): 77,589,965 for, 850,195 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.9% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.9% of the shares they voted on this item FOR (39,193,560 for, 34,898 against).

FOR 99.6%
FOR: 39,193,560 (99.7%)AGAINST: 34,898 (0.1%)ABSTAIN: 96,913 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Karen H. Grimes” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,859304 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust152,3650 8170For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

7. Election of Directors: Katherine M. Sandstrom

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 7 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 72,331,847AGAINST: 6,131,568

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Katherine M. Sandstrom”): 72,331,847 for, 6,131,568 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 72% for, 6% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 87% of the shares they voted on this item FOR (34,153,985 for, 5,098,347 against).

FOR 87%13%
FOR: 34,153,985 (86.8%)AGAINST: 5,098,347 (13.0%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Katherine M. Sandstrom” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group03,226,194 00Against
Invesco01,755,653 00Against
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,991172 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial124,39950,864 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

8. Election of Directors: Paul E. Shapiro

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 75,668,073AGAINST: 2,797,497

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Paul E. Shapiro”): 75,668,073 for, 2,797,497 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 76% for, 3% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.2% of the shares they voted on this item FOR (38,967,228 for, 285,104 against).

FOR 99.0%
FOR: 38,967,228 (99.1%)AGAINST: 285,104 (0.7%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Paul E. Shapiro” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,776387 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

9. Election of Directors: Scott D. Stowell

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 77,619,612AGAINST: 842,095

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Scott D. Stowell”): 77,619,612 for, 842,095 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.9% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.9% of the shares they voted on this item FOR (39,233,516 for, 18,816 against).

FOR 99.7%
FOR: 39,233,516 (99.8%)AGAINST: 18,816 (0.0%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Scott D. Stowell” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,859304 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

10. Election of Directors: Stephen F. East

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 5 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 78,120,808AGAINST: 340,428

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Stephen F. East”): 78,120,808 for, 340,428 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.4% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.9% of the shares they voted on this item FOR (39,251,839 for, 492 against).

FOR 99.8%
FOR: 39,251,839 (99.8%)AGAINST: 492 (0.0%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Stephen F. East” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,991172 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

11. Election of Directors: Wendell E. Pritchett

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 77,612,251AGAINST: 850,250

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Wendell E. Pritchett”): 77,612,251 for, 850,250 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.9% against (79% of the company cast a for/against vote).

The 145 asset managers below cast 99.9% of the shares they voted on this item FOR (39,217,434 for, 34,898 against).

FOR 99.7%
FOR: 39,217,434 (99.7%)AGAINST: 34,898 (0.1%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Wendell E. Pritchett” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,859304 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 145 asset managers. See all 145 in the interactive database.

12. Election of Directors: Derek T. Kan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 78,118,469AGAINST: 344,729

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: Derek T. Kan”): 78,118,469 for, 344,729 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.4% against (79% of the company cast a for/against vote).

The 144 asset managers below cast 99.9% of the shares they voted on this item FOR (39,250,041 for, 420 against).

FOR 99.8%
FOR: 39,250,041 (99.8%)AGAINST: 420 (0.0%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: Derek T. Kan” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,991172 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.

13. Election of Directors: John A. McLean

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 77,163,779AGAINST: 1,299,409

TOLL BROTHERS INC.’s own tally for this item (“Elect Director: John A. McLean”): 77,163,779 for, 1,299,409 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 77% for, 1% against (79% of the company cast a for/against vote).

The 144 asset managers below cast 99.9% of the shares they voted on this item FOR (39,231,645 for, 18,816 against).

FOR 99.7%
FOR: 39,231,645 (99.8%)AGAINST: 18,816 (0.0%)ABSTAIN: 73,039 (0.2%)UNKNOWN: 17 (0.0%)
Largest asset managers voting on “Election of Directors: John A. McLean” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,162,859304 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.

14. The ratification of the re-appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the 2025 fiscal year.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 85,401,045AGAINST: 2,360,566

TOLL BROTHERS INC.’s own tally for this item (“Proposal Two – Ratification of the Re-Appointment of Independent Registered Public Accounting Firm:”): 85,401,045 for, 2,360,566 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 86% for, 2% against (88% of the company cast a for/against vote).

The 141 asset managers below cast 99.6% of the shares they voted on this item FOR (39,030,723 for, 139,918 against).

FOR 99.4%
FOR: 39,030,723 (99.5%)AGAINST: 139,918 (0.4%)ABSTAIN: 73,039 (0.2%)
Largest asset managers voting on “The ratification of the re-appointment of Ernst & Young LLP as the Company's independent registered public acc” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,163,08083 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 141 asset managers. See all 141 in the interactive database.

15. The amendment of the Company's Second Restated Certificate of Incorporation, as amended, to provide that a majority, rather than two-thirds, of the Company's stockholders may remove any director from office, with or without cause.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-03-11.

Combines 3 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 78,270,776AGAINST: 261,834

TOLL BROTHERS INC.’s own tally for this item (“Proposal Four - Approval of Amendment to the Toll Brothers, Inc. Second Restated Certificate of Incorporation, as Amended”): 78,270,776 for, 261,834 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 78% for, 0.3% against (79% of the company cast a for/against vote).

The 137 asset managers below cast 99.9% of the shares they voted on this item FOR (39,202,628 for, 16,154 against).

FOR 99.9%
FOR: 39,202,628 (100.0%)AGAINST: 16,154 (0.0%)
Largest asset managers voting on “The amendment of the Company's Second Restated Certificate of Incorporation, as amended, to provide that a maj” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard10,186,4440 00For
BlackRock6,728,5490 00For
Fidelity4,399,1740 00For
Capital Group3,226,1940 00For
Invesco1,755,6530 00For
MFS1,516,6900 00For
Prudential/PGIM1,229,2090 00For
Dimensional1,210,1950 00For
State Street1,163,1630 00For
First Trust1,025,8140 00For
Victory Capital672,8740 00For
Charles Schwab669,6410 00For
BARON SELECT FUNDS476,3000 00For
Jackson National377,5030 00For
Bridge Builder Trust355,1080 00For
TIAA235,3850 00For
AQR210,0640 00For
Lincoln Financial175,2630 00For
American Century165,8250 00For
JANUS INVESTMENT FUND162,6040 00For
JPMorgan159,1120 00For
Equitable158,4510 00For
EA Series Trust153,1820 00For
AIG/SunAmerica150,3670 00For
John Hancock149,2620 00For

Showing the 25 largest of 137 asset managers. See all 137 in the interactive database.

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-03-11.

97% Majority: yes · of votes cast

FOR 97%
FOR: 76,416,527AGAINST: 1,991,908

TOLL BROTHERS INC.’s own tally for this item (“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay):”): 76,416,527 for, 1,991,908 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 77% for, 2% against (79% of the company cast a for/against vote).

The 19 asset managers below cast 98% of the shares they voted on this item FOR (1,377,191 for, 27,886 against).

FOR 98%
FOR: 1,377,191 (98.0%)AGAINST: 27,886 (2.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
ADAGE CAPITAL PARTNERS GP, L.L.C.888,9650 00For
JPMorgan329,0640 00For
Empower65,6050 00For
TD ASSET MANAGEMENT INC35,5060 00For
AMERICAN BEACON FUNDS21,6000 00For
APG Asset Management US Inc.018,437 00Against
HC CAPITAL TRUST17,6760 00For
TD Waterhouse Canada Inc.16,2060 00For
Union Investment Privatfonds GmbH08,059 00Against
ALGERT GLOBAL LLC8200 00For
OSSIAM0747 00Against
Desjardins Global Asset Management Inc.0643 00Against
GuideStone5260 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma4020 00For
Convergence Investment Partners, LLC3680 00For
Northern Lights Fund Trust IV1900 00For
Colony Family Offices, LLC1310 00For
UNIFIED SERIES TRUST740 00For
PACE SELECT ADVISORS TRUST580 00For

17. Eliminate Supermajority Vote Requirement to Remove Directors

CORPORATE GOVERNANCE

Meeting held 2025-03-11.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (83,881 for, 0 against).

FOR: 83,881 (100.0%)
Largest asset managers voting on “Eliminate Supermajority Vote Requirement to Remove Directors” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower65,6050 00For
HC CAPITAL TRUST17,6760 00For
GuideStone5260 00For
UNIFIED SERIES TRUST740 00For

18. Ratify Ernst & Young LLP as Auditors

AUDIT-RELATED

Meeting held 2025-03-11.

32% fund support · no official result

FOR 32%AGAINST 68%

The 4 asset managers below cast 32% of the shares they voted on this item FOR (26,909 for, 56,972 against).

FOR: 26,909 (32.1%)AGAINST: 56,972 (67.9%)
Largest asset managers voting on “Ratify Ernst & Young LLP as Auditors” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower8,63356,972 00Against
HC CAPITAL TRUST17,6760 00For
GuideStone5260 00For
UNIFIED SERIES TRUST740 00For

19. Elimination of Supermajority Requirement

CORPORATE GOVERNANCE

Meeting held 2025-03-11.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (21,848 for, 0 against).

FOR: 21,848 (100.0%)
Largest asset managers voting on “Elimination of Supermajority Requirement” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
AMERICAN BEACON FUNDS21,6000 00For
Northern Lights Fund Trust IV1900 00For
PACE SELECT ADVISORS TRUST580 00For

20. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2025-03-07; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (500 for, 0 against).

FOR: 500 (100.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BEACON INVESTMENT ADVISORY SERVICES, INC.5000 00For
Trivant Custom Portfolio Group, LLC00 00--

21. The approval, in an advisory and non-binding vote, of the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-03-12 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 78,710,724AGAINST: 3,653,145

TOLL BROTHERS INC.’s own tally for this item (“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay):”): 78,710,724 for, 3,653,145 against, per its Form 8-K (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. Of all 99,800,000 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 21,664 against).

AGAINST 100%
AGAINST: 21,664 (100.0%)
Largest asset managers voting on “The approval, in an advisory and non-binding vote, of the compensation of the Company's named executive office” at TOLL BROTHERS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC021,664 00Against
Echo45 Advisors LLC00 00--

Largest TOLL BROTHERS INC. shareholders voting in 2024-2025

Ranked by the number of TOLL BROTHERS INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 99,800,000 shares outstanding at the time of that meeting.

Top TOLL BROTHERS INC. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1BlackRock 11.52%
2GREENHAVEN ASSOCIATES INC 5.31%
3Charles Schwab 1.36%
4JENNISON ASSOCIATES LLC 1.33%
5Prudential/PGIM 1.23%
6Northern Trust 0.81%
7Fiera Capital Corp 0.80%
8LSV ASSET MANAGEMENT 0.67%
9Jackson National 0.38%
10Bridgewater 0.38%

Reported TOLL BROTHERS INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

TOLL BROTHERS INC. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
BlackRock 11.65% 13F
Vanguard Group 9.99% 13F
Greenhaven Associates, Inc. 5.61% 13G
Capital World Investors 5.24% 13G
State Street 3.61% 13F
FMR (Fidelity) 2.46% 13F
Dimensional Fund Advisors 2.16% 13F
Norges Bank 1.24% 13F
Invesco 1.17% 13F
Douglas C. Yearley, Jr. 0.91% DEF14A

Percentages above are of 99,800,000 shares outstanding, as reported by TOLL BROTHERS INC. on its Form 10-K dated 2024-10-31 (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.

About this page

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 TOLL BROTHERS INC.’s 10-K dated 2024-10-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At TOLL BROTHERS INC.'s shareholder meeting held 2025-03-11, in the 2024-2025 proxy season, 626 asset managers reported how they voted in their SEC Form N-PX filings, covering 8,492 separate fund positions. Their filings are grouped here into 21 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 — The approval, in an advisory and non-binding vote, of the compensation of the Company's named… — 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: TOLL BROTHERS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

TOLL BROTHERS INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.