You Own Wall Street › Companies › Starbucks
Starbucks shareholder proposals 2026
What shareholders asked Starbucks to do, and how the funds holding Americans’ retirement savings voted on it: the funds in the 401(k) plans we index and the most widely held funds beyond them, with the filing behind every vote.
25 March 2026 · put on the ballot by shareholder
Should a simple majority be enough to pass a measure at Starbucks?
Shareholders asked the company to replace its supermajority voting requirements with a simple majority, so that a measure supported by most shares actually carries.
“Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority voting requirements”
5 of 5 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| American Mutual Fund | FOR | 21,235,346 |
| T. Rowe Price Capital Appreciation Fund | FOR | 11,969,549 |
| MFS Growth Fund | FOR | 3,412,658 |
| Polen Growth Fund | FOR | 1,157,315 |
| Equity Income Fund formerly Equity Income Fund I | FOR | 1,099,119 |
The same proposal was put to NVIDIA, Campbell's, Fox, OGE Energy, ON Semiconductor, Datadog.
25 March 2026 · put on the ballot by shareholder
Should the person who runs Starbucks also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
“Shareholder proposal requesting adoption of an independent board chair policy”
1 of 5 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| American Mutual Fund | AGAINST | 21,235,346 |
| T. Rowe Price Capital Appreciation Fund | AGAINST | 11,969,549 |
| MFS Growth Fund | AGAINST | 3,412,658 |
| Polen Growth Fund | FOR | 1,157,315 |
| Equity Income Fund formerly Equity Income Fund I | AGAINST | 1,099,119 |
The same proposal was put to Amazon.com, Exxon Mobil, Wells Fargo, Verizon Communications, PepsiCo, Chevron.
25 March 2026 · put on the ballot by shareholder · Climate & environment
Report on Risk Due to Apparent Exclusion of Detransitioning in Healthcare Coverage
“Report on Risk Due to Apparent Exclusion of Detransitioning in Healthcare Coverage”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Large Cap Value Portfolio I | AGAINST | 1,495 |
25 March 2026 · put on the ballot by shareholder · Climate & environment
Report on Risks of Using Diagnostic Tools Created by Politicized Corporate Partners
“Report on Risks of Using Diagnostic Tools Created by Politicized Corporate Partners”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Large Cap Value Portfolio I | AGAINST | 1,495 |
25 March 2026 · put on the ballot by shareholder · Workforce & human rights
Report on Risks of Excluding Religious Charities from Employee Gift Matching Program
“Report on Risks of Excluding Religious Charities from Employee Gift Matching Program”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Large Cap Value Portfolio I | AGAINST | 1,495 |
25 March 2026 · put on the ballot by shareholder · Executive pay
Report on Gender-Based Compensation and Benefits Inequities
“Report on Gender-Based Compensation and Benefits Inequities”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Large Cap Value Portfolio I | AGAINST | 1,495 |
25 March 2026 · put on the ballot by shareholder
Should a simple majority be enough to pass a measure at Starbucks?
Shareholders asked the company to replace its supermajority voting requirements with a simple majority, so that a measure supported by most shares actually carries.
“Adopt Simple Majority Vote”
1 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Large Cap Value Portfolio I | FOR | 1,495 |
The same proposal was put to NVIDIA, Campbell's, Fox, OGE Energy, ON Semiconductor, Datadog.
25 March 2026 · put on the ballot by shareholder
Should the person who runs Starbucks also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
“Adopt Mandatory Policy Separating the Roles of CEO and Board Chair”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Large Cap Value Portfolio I | AGAINST | 1,495 |
The same proposal was put to Amazon.com, Exxon Mobil, Wells Fargo, Verizon Communications, PepsiCo, Chevron.
25 March 2026 · put on the ballot by shareholder · Social
A report on the risks of the Company excluding religious charities from its employee-gift match program
“Shareholder proposal requesting a report on the risks of the Company excluding religious charities from its employee-gift match program”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Diamond Hill Large Cap Fund | AGAINST | 1,032,162 |
Vote these yourself
Say how you would have voted, then see what your own fund did. Open the ballot deck →