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Home › Companies › X4 PHARMACEUTICALS INC. › 2024-2025

X4 PHARMACEUTICALS INC. 2024-2025 Proxy Voting Records

At X4 PHARMACEUTICALS INC.'s 2 shareholder meetings in the 2024-2025 proxy season (held April 17, 2025 and June 9, 2025), 79 asset managers reported how they voted in their SEC Form N-PX filings, covering 428 separate fund positions. Their filings are grouped here into 5 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 of the season, voted at the meeting held June 9, 2025 — To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation. — X4 PHARMACEUTICALS INC.'s filing reports the proposal as approved, with 85% 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: X4 PHARMACEUTICALS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 11, 2025.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings and X4 PHARMACEUTICALS INC.’s Form 8-K, filed June 11, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.

  • 5Reported items
  • 79Asset managers
  • 428Fund votes
  • June 9, 2025Main meeting date

Results at a glance

Meeting of June 9, 2025: 3 items on X4 PHARMACEUTICALS INC.’s Form 8-K, filed June 11, 2025: 2 approved · 1 without a stated outcome.

Meeting of April 17, 2025: 1 item on X4 PHARMACEUTICALS INC.’s Form 8-K, filed April 18, 2025: 1 without a stated outcome.

Material dissent

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

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

Explore X4 PHARMACEUTICALS INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by X4 PHARMACEUTICALS INC.

These tallies are X4 PHARMACEUTICALS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 11, 2025 (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. X4 PHARMACEUTICALS INC. reported 2 meetings in this season; each is tabulated separately below, with its own filing.

X4 PHARMACEUTICALS INC. — official shareholder meeting results, meeting held June 9, 2025 (Form 8-K, filed June 11, 2025)
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: R. Keith Woods 52,191,014---- 29,872,08253,811,292 64%Not verified—
2. Ratification of the Selection of Independent Registered Public Accounting Firm 128,889,5536,595,740389,095 ---- 95%Approved—
3. Non-Binding Advisory "Say-On-Pay" Vote on Named Executive Officer Compensation 67,793,97012,234,8472,034,279 --53,811,292 85%Approved—

Source: X4 PHARMACEUTICALS INC., Form 8-K, filed with the SEC on June 11, 2025 — read the filing on EDGAR.

X4 PHARMACEUTICALS INC. — official shareholder meeting results, meeting held April 17, 2025 (Form 8-K, filed April 18, 2025)
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
1. The approval of an amendment to our Restated Certificate of Incorporation, as amended ("Certificate of Incorporation") to combine outstanding shares of our Common Stock into a lesser number of outstanding shares (the "Reverse Stock Split"), by a ratio of no 113,027,73723,988,610224,281 --0 82%Not verifieda supermajority of the shares outstanding

Source: X4 PHARMACEUTICALS INC., Form 8-K, filed with the SEC on April 18, 2025 — read the filing on EDGAR.

How asset managers voted at the X4 PHARMACEUTICALS INC. 2024-2025 meetings

Each item below shows how the 79 asset managers that disclosed a X4 PHARMACEUTICALS 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 X4 PHARMACEUTICALS 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. Elect Director: R. Keith Woods

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held June 9, 2025.

Combines 3 wordings of this item as funds reported it.

64% Majority: yes · of votes cast

FOR 64%WITHHELD
FOR: 52,191,014WITHHELD: 29,872,082
Details: description as filed, official tally, votes by 26 asset managers

Description as filed by funds: To elect the one (1) nominee named in the accompanying proxy statement (the "Proxy Statement"), R. Keith Woods, to the Board of Directors to hold office until the 2028 Annual Meeting of Stockholders and until his successor is duly elected and qualified until his earlier death, resignation or removal: R. Keith Woods

X4 PHARMACEUTICALS INC.’s own tally for this item (“Elect Director: R. Keith Woods”): 52,191,014 for, 29,872,082 withheld, per its Form 8-K filed June 11, 2025 (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: 64% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 26 asset managers below reported 10,428,022 for, 478,400 withheld.

FOR
FOR: 10,428,022WITHHOLD: 478,400
Largest asset managers voting on “To elect the one (1) nominee named in the accompanying proxy statement (the "Proxy Statement"), R. Keith Woods” at X4 PHARMACEUTICALS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,417,7150 00For
BlackRock3,775,4450 00For
Fidelity1,101,9900 00For
Charles Schwab481,5280 00For
QUANTITATIVE MASTER SERIES LLC278,5100 00For
Equitable85,2330 0109,570Mixed
Lincoln Financial00 0133,300Withhold
Global X98,8230 00For
Northern Trust00 078,542Withhold
Nationwide66,1500 00For
Pacific Life65,9270 00For
Voya00 059,322Withhold
Bridge Builder Trust32,2880 00For
DWS00 026,899Withhold
AIG/SunAmerica00 026,590Withhold
Columbia Threadneedle22,2390 00For
ProShares00 012,268Withhold
Calvert00 010,167Withhold
State Street00 07,787Withhold
PENN SERIES FUNDS INC00 04,800Withhold
John Hancock00 04,418Withhold
Brinker Capital Destinations Trust00 03,203Withhold
Guggenheim00 01,534Withhold
Goldman Sachs1,3650 00For
Advisors' Inner Circle Fund III6750 00For

Showing the 25 largest of 26 asset managers. All 26 are in the interactive database (link above).

2. The approval of an amendment to our Restated Certificate of Incorporation, as amended ("Certificate of Incorporation")…

Outcome not verifiedCAPITAL STRUCTUREReported outcome: Not verified

Meeting held April 17, 2025.

Combines 3 wordings of this item as funds reported it.

82% Majority: yes · of votes cast

FOR 82%AGAINST
FOR: 113,027,737AGAINST: 23,988,610
Details: description as filed, official tally, votes by 25 asset managers

Description as filed by funds: To approve an amendment to our Restated Certificate of Incorporation, as amended to combine outstanding shares of our common stock, par value $0.001 per share, into a lesser number of outstanding shares (the "Reverse Stock Split"), by a ratio of not less than one-for-fifteen and not more than one-for-thirty, with the exact ratio to be set within this range by our board of directors in its sole discretion.

X4 PHARMACEUTICALS INC.’s own tally for this item (“1. The approval of an amendment to our Restated Certificate of Incorporation, as amended ("Certificate of Incorporation") to combine outstanding shares of our Common Stock into a lesser number of outstanding shares (the ”): 113,027,737 for, 23,988,610 against, per its Form 8-K filed April 18, 2025 (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: 82% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a supermajority of the shares outstanding (“79% of the shares issued and outstanding”).

The 25 asset managers below reported 10,708,901 for.

FOR
FOR: 10,708,901
Largest asset managers voting on “To approve an amendment to our Restated Certificate of Incorporation, as amended to combine outstanding shares” at X4 PHARMACEUTICALS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard5,305,1250 00For
BlackRock2,733,8140 00For
Fidelity1,203,3770 00For
Charles Schwab438,2080 00For
QUANTITATIVE MASTER SERIES LLC278,1130 00For
Equitable140,2230 00For
Lincoln Financial133,3000 00For
Global X98,8230 00For
Northern Trust78,5420 00For
Pacific Life65,9270 00For
Voya52,7270 00For
Nationwide44,6680 00For
Bridge Builder Trust32,2880 00For
DWS23,8990 00For
Columbia Threadneedle22,0420 00For
AIG/SunAmerica18,6180 00For
Calvert10,1670 00For
ProShares9,6670 00For
State Street7,7870 00For
PENN SERIES FUNDS INC4,8000 00For
Brinker Capital Destinations Trust3,2030 00For
Guggenheim1,5290 00For
Goldman Sachs1,3050 00For
Advisors' Inner Circle Fund III6150 00For
T. Rowe Price1340 00For

3. To approve an adjournment of the special meeting, if necessary, to permit further solicitation and vote of proxies in…

No official matchCORPORATE GOVERNANCE

Meeting held April 17, 2025.

99% of fund votes cast · no official result

FOR
Details: description as filed, votes by 25 asset managers

Description as filed by funds: TO APPROVE AN ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY, TO PERMIT FURTHER SOLICITATION AND VOTE OF PROXIES IN THE EVENT THAT THERE ARE INSUFFICIENT VOTES IN FAVOR OF PROPOSAL NO. 1 (THE REVERSE STOCK SPLIT).

The 25 asset managers below reported 10,559,677 for, 149,224 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.

FOR: 10,559,677AGAINST: 149,224
Largest asset managers voting on “TO APPROVE AN ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY, TO PERMIT FURTHER SOLICITATION AND VOTE OF PRO” at X4 PHARMACEUTICALS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard5,305,1250 00For
BlackRock2,733,8140 00For
Fidelity1,203,3770 00For
Charles Schwab438,2080 00For
QUANTITATIVE MASTER SERIES LLC278,1130 00For
Equitable140,2230 00For
Lincoln Financial0133,300 00Against
Global X98,8230 00For
Northern Trust78,5420 00For
Pacific Life65,9270 00For
Voya52,7270 00For
Nationwide44,6680 00For
Bridge Builder Trust32,2880 00For
DWS23,8990 00For
Columbia Threadneedle22,0420 00For
AIG/SunAmerica18,6180 00For
Calvert10,1670 00For
ProShares9,6670 00For
State Street07,787 00Against
PENN SERIES FUNDS INC04,800 00Against
Brinker Capital Destinations Trust03,203 00Against
Guggenheim1,5290 00For
Goldman Sachs1,3050 00For
Advisors' Inner Circle Fund III6150 00For
T. Rowe Price0134 00Against

4. Non-Binding Advisory "Say-On-Pay" Vote on Named Executive Officer Compensation

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Meeting held June 9, 2025.

Combines 6 wordings of this item as funds reported it.

85% Approved · of votes cast

FOR 85%AGAINST
FOR: 67,793,970AGAINST: 12,234,847
Details: description as filed, official tally, votes by 79 asset managers

Description as filed by funds: To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation.

X4 PHARMACEUTICALS INC.’s own tally for this item (“3. Non-Binding Advisory "Say-On-Pay" Vote on Named Executive Officer Compensation”): 67,793,970 for, 12,234,847 against — passed, per its Form 8-K filed June 11, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3 – Non-Binding Advisory "Say-On-Pay" Vote on Named Executive Officer Compensation The Company's stockholders approved, by a non-binding "say-on-pay" vote, the compensation of the Company's named executive officers as disclosed in the Company's definitive proxy statement relating to the An…”
Support: 85% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 26 asset managers voting on “To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation.” at X4 PHARMACEUTICALS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,417,7150 00For
BlackRock3,775,4450 00For
Fidelity1,101,9900 00For
Charles Schwab0481,528 00Against
QUANTITATIVE MASTER SERIES LLC278,5100 00For
Equitable85,233109,570 00Mixed
Lincoln Financial133,3000 00For
Global X98,8230 00For
Northern Trust078,542 00Against
Nationwide66,1500 00For
Pacific Life65,9270 00For
Voya059,322 00Against
Bridge Builder Trust32,2880 00For
DWS026,899 00Against
AIG/SunAmerica026,590 00Against
Columbia Threadneedle22,2390 00For
ProShares012,268 00Against
Calvert010,167 00Against
State Street7,7870 00For
PENN SERIES FUNDS INC4,8000 00For
John Hancock04,418 00Against
Brinker Capital Destinations Trust3,2030 00For
Guggenheim01,534 00Against
Goldman Sachs01,365 00Against
Advisors' Inner Circle Fund III6750 00For

Fund voting reports, all 26 managers: 10,094,085 for, 812,337 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 64 asset managers voting on “To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation.” at X4 PHARMACEUTICALS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
NEA Management Company, LLC14,986,7930 00For
Bain Capital Life Sciences Investors, LLC14,879,8090 00For
ORBIMED ADVISORS LLC6,776,5150 00For
KINGDON CAPITAL MANAGEMENT, L.L.C.6,683,0710 00For
State Street2,769,04027,793 00For
BlackRock2,746,3210 00For
Ensign Peak Advisors, Inc1,628,7310 00For
GEODE CAPITAL MANAGEMENT, LLC1,273,9820 00For
AXA INVESTMENT MANAGERS UK Ltd0691,116 00Against
Northern Trust0665,301 00Against
Point720650,000 00Against
MELLON INVESTMENTS Corp557,6340 00For
Charles Schwab0481,528 00Against
Vanguard208,60756,080 00Mixed
Citadel126,1640 00For
STIFEL NICOLAUS & CO INC \MO\0120,572 00Against
AllianceBernstein0109,570 00Against
AQR091,943 00Against
JPMorgan77,2270 00For
REGENTS OF THE UNIVERSITY OF CALIFORNIA067,494 00Against
CIBC Private Wealth Group LLC064,988 00Against
Voya059,322 00Against
Rhumbline058,206 00Against
Invesco053,343 00Against
NEW YORK STATE COMMON RETIREMENT FUND51,6390 00For

Institutional-manager reports, all 64 managers: 52,899,793 for, 3,399,831 against. Showing the 25 largest; every one is in the interactive database (link above).

5. Ratification of the Selection of Independent Registered Public Accounting Firm

Official resultAUDIT-RELATEDReported outcome: Approved

Meeting held June 9, 2025.

Combines 2 wordings of this item as funds reported it.

95% Approved · of votes cast

FOR 95%
FOR: 128,889,553AGAINST: 6,595,740
Details: description as filed, official tally, votes by 26 asset managers

Description as filed by funds: To ratify the selection by the Audit Committee of the Board of Directors of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for its fiscal year ending December 31, 2025.

X4 PHARMACEUTICALS INC.’s own tally for this item (“2. Ratification of the Selection of Independent Registered Public Accounting Firm”): 128,889,553 for, 6,595,740 against — passed, per its Form 8-K filed June 11, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 – Ratification of the Selection of Independent Registered Public Accounting Firm The Company's stockholders ratified the selection of PricewaterhouseCoopers LLP by the Audit Committee of the Board of Directors as the Company's independent registered public accounting firm for the fiscal …”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 26 asset managers below reported 10,905,747 for, 675 against.

FOR
FOR: 10,905,747AGAINST: 675
Largest asset managers voting on “To ratify the selection by the Audit Committee of the Board of Directors of PricewaterhouseCoopers LLP as the ” at X4 PHARMACEUTICALS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,417,7150 00For
BlackRock3,775,4450 00For
Fidelity1,101,9900 00For
Charles Schwab481,5280 00For
QUANTITATIVE MASTER SERIES LLC278,5100 00For
Equitable194,8030 00For
Lincoln Financial133,3000 00For
Global X98,8230 00For
Northern Trust78,5420 00For
Nationwide66,1500 00For
Pacific Life65,9270 00For
Voya59,3220 00For
Bridge Builder Trust32,2880 00For
DWS26,8990 00For
AIG/SunAmerica26,5900 00For
Columbia Threadneedle22,2390 00For
ProShares12,2680 00For
Calvert10,1670 00For
State Street7,7870 00For
PENN SERIES FUNDS INC4,8000 00For
John Hancock4,4180 00For
Brinker Capital Destinations Trust3,2030 00For
Guggenheim1,5340 00For
Goldman Sachs1,3650 00For
Advisors' Inner Circle Fund III0675 00Against

Showing the 25 largest of 26 asset managers. All 26 are in the interactive database (link above).

Largest X4 PHARMACEUTICALS INC. shareholders voting in 2024-2025

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 167,937,781 shares outstanding at the time of that meeting.

Fund voting reports: top X4 PHARMACEUTICALS INC. shareholders by shares voted on “To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 2.63%
2BlackRock 2.25%
3Fidelity 0.66%
4Charles Schwab 0.29%
5QUANTITATIVE MASTER SERIES LLC 0.17%
6Equitable 0.12%
7Lincoln Financial 0.08%
8Global X 0.06%
9Northern Trust 0.05%
10Nationwide 0.04%
Institutional-manager reports: top X4 PHARMACEUTICALS INC. shareholders by shares voted on “To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation.”, 2024-2025
#Asset manager % of shares outstanding
1NEA Management Company, LLC 8.92%
2Bain Capital Life Sciences Investors, LLC 8.86%
3ORBIMED ADVISORS LLC 4.04%
4KINGDON CAPITAL MANAGEMENT, L.L.C. 3.98%
5State Street 1.67%
6BlackRock 1.64%
7Ensign Peak Advisors, Inc 0.97%
8GEODE CAPITAL MANAGEMENT, LLC 0.76%
9AXA INVESTMENT MANAGERS UK Ltd 0.41%
10Northern Trust 0.40%

Reported X4 PHARMACEUTICALS INC. holdings and ownership

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.

X4 PHARMACEUTICALS INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Entities affiliated with Acorn 10.63% DEF14A
Entities affiliated with Bain Capital Life Sciences Investors, LLC 10.50% DEF14A
Entities affiliated with Growth Equity Opportunities 18 VGE, LLC 10.49% DEF14A
Entities affiliated with OrbiMed 6.84% DEF14A
BlackRock 6.81% 13F
Entities affiliated with Blackrock, Inc. 6.68% DEF14A
Vanguard Group 4.80% 13F
Trails Edge Capital Partners, LP 3.11% 13G
Growth Equity Opportunities 18 VGE, LLC 3.01% 13D
Geode Capital 2.16% 13F

Percentages above are of 167,937,781 shares outstanding, as reported by X4 PHARMACEUTICALS INC. on its Form 10-Q dated May 3, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

Related

About this page

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 X4 PHARMACEUTICALS INC.’s 10-Q dated May 3, 2024. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

X4 PHARMACEUTICALS INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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proxyvotesnow.com, “X4 PHARMACEUTICALS (XFOR) 2025 Annual & Special Meetings: Vote Results”, https://proxyvotesnow.com/company/x4-pharmaceuticals-inc/2025 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.