Multi-Class Stock Company Voting Transparency Act.

This bill proposes to amend the Securities Exchange Act of 1934 to increase transparency in shareholder voting for companies with multi-class share structures. It mandates that the Securities and Exchange Commission (SEC) establish new rules requiring specific disclosures from these issuers. Under the proposed amendment, companies with two or more classes of voting securities would be required to disclose detailed shareholder voting results for each meeting where shareholders vote as one class. These disclosures must include the total number of votes cast for, against, or withheld, as well as the total number of abstentions and broker non-votes . All reported data must be disaggregated by each class of voting security held , aiming to provide greater clarity on the influence of different share classes in corporate decisions.