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At DELCATH SYSTEMS INC.'s shareholder meeting held May 15, 2025, in the 2024-2025 proxy season, 74 asset managers reported how they voted on 6 ballot items in their SEC Form N-PX filings, covering 217 separate fund positions. On the most widely held item on that ballot — To approve, on a non-binding advisory basis, the compensation of our named executive officers… — DELCATH SYSTEMS INC.'s filing reports the proposal as approved, with 99% 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: DELCATH SYSTEMS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 16, 2025.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and DELCATH SYSTEMS INC.’s Form 8-K, filed May 16, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of May 15, 2025: 6 items on DELCATH SYSTEMS INC.’s Form 8-K, filed May 16, 2025: 2 elected · 4 approved.
None.
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: 2024-2025 2025-2026
Explore DELCATH SYSTEMS INC. in the interactive database Compare manager voting policies
These tallies are DELCATH SYSTEMS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 16, 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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Gerard Michel | 15,966,658 | -- | -- | 96,373 | 6,692,014 | 99.4% | Elected | — |
| Elect Director: Gilad Aharon | 15,945,595 | -- | -- | 117,436 | 6,692,014 | 99.2% | Elected | — |
| 2. The amendment to the 2020 EIP to increase by 2,200,000 the number of shares of Common Stock available under thereunder | 12,443,374 | 2,876,487 | 742,169 | -- | 6,693,015 | 81% | Approved | — |
| 3. The amendment to the 2021 ESPP to increase by 300,000 the number of shares of Common Stock available under thereunder | 15,835,603 | 106,523 | 101,794 | -- | 6,711,125 | 99.3% | Approved | — |
| 4. The selection by the Audit Committee of the Board of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for its fiscal year ending December 31, 2025 | 22,591,488 | 159,518 | 4,039 | -- | -- | 99.2% | Approved | — |
| 5. Non-binding advisory vote on the compensation of the Company's named executive officers | 14,977,421 | 227,471 | 868,469 | -- | 6,681,684 | 99% | Approved | — |
Source: DELCATH SYSTEMS INC., Form 8-K, filed with the SEC on May 16, 2025 — read the filing on EDGAR.
Each item below shows how the 74 asset managers that disclosed a DELCATH SYSTEMS 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.
Combines 2 wordings of this item as funds reported it.
99.4% Majority: yes · of votes cast
Description as filed by funds: To elect two Class I director nominees: Gerard Michel
DELCATH SYSTEMS INC.’s own tally for this item (“Elect Director: Gerard Michel”): 15,966,658 for, 96,373 withheld, per its Form 8-K filed May 16, 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: Elected, in the filing’s own words: “Stockholders elected the following nominees to serve as Class I directors on the board of directors of the Company (the "Board") until the Company's 2028 Annual Meeting or until their successors have been duly elected and qualified.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 13 asset managers below reported 2,149,738 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,371,746 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 350,900 | 0 | 0 | 0 | For |
| Fidelity | 251,511 | 0 | 0 | 0 | For |
| SEI | 67,318 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST III | 33,845 | 0 | 0 | 0 | For |
| BlackRock | 32,669 | 0 | 0 | 0 | For |
| Charles Schwab | 12,977 | 0 | 0 | 0 | For |
| Goldman Sachs | 12,057 | 0 | 0 | 0 | For |
| Exchange Place Advisors Trust | 9,072 | 0 | 0 | 0 | For |
| Equitable | 3,821 | 0 | 0 | 0 | For |
| Victory Capital | 3,166 | 0 | 0 | 0 | For |
| John Hancock | 520 | 0 | 0 | 0 | For |
| State Street | 136 | 0 | 0 | 0 | For |
Combines 2 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: To elect two Class I director nominees: Gilad Aharon
DELCATH SYSTEMS INC.’s own tally for this item (“Elect Director: Gilad Aharon”): 15,945,595 for, 117,436 withheld, per its Form 8-K filed May 16, 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: Elected, in the filing’s own words: “Stockholders elected the following nominees to serve as Class I directors on the board of directors of the Company (the "Board") until the Company's 2028 Annual Meeting or until their successors have been duly elected and qualified.”
Support: 99.2% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 13 asset managers below reported 2,149,738 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,371,746 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 350,900 | 0 | 0 | 0 | For |
| Fidelity | 251,511 | 0 | 0 | 0 | For |
| SEI | 67,318 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST III | 33,845 | 0 | 0 | 0 | For |
| BlackRock | 32,669 | 0 | 0 | 0 | For |
| Charles Schwab | 12,977 | 0 | 0 | 0 | For |
| Goldman Sachs | 12,057 | 0 | 0 | 0 | For |
| Exchange Place Advisors Trust | 9,072 | 0 | 0 | 0 | For |
| Equitable | 3,821 | 0 | 0 | 0 | For |
| Victory Capital | 3,166 | 0 | 0 | 0 | For |
| John Hancock | 520 | 0 | 0 | 0 | For |
| State Street | 136 | 0 | 0 | 0 | For |
81% Approved · of votes cast
Description as filed by funds: To approve an amendment of the Company's 2020 Omnibus Equity Incentive Plan to increase by 2,200,000 the number of shares of common stock, $0.01 par value per share ("Common Stock") available thereunder.
DELCATH SYSTEMS INC.’s own tally for this item (“2. The amendment to the 2020 EIP to increase by 2,200,000 the number of shares of Common Stock available under thereunder”): 12,443,374 for, 2,876,487 against — passed, per its Form 8-K filed May 16, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Stockholders approved the amendment to the 2020 EIP to increase by 2,200,000 the number of shares of Common Stock available under thereunder.”
Support: 81% 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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,371,746 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 0 | 350,900 | 0 | 0 | Against |
| Fidelity | 251,511 | 0 | 0 | 0 | For |
| SEI | 67,318 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST III | 33,845 | 0 | 0 | 0 | For |
| BlackRock | 32,669 | 0 | 0 | 0 | For |
| Charles Schwab | 12,977 | 0 | 0 | 0 | For |
| Goldman Sachs | 12,057 | 0 | 0 | 0 | For |
| Exchange Place Advisors Trust | 0 | 9,072 | 0 | 0 | Against |
| Equitable | 3,821 | 0 | 0 | 0 | For |
| Victory Capital | 0 | 3,166 | 0 | 0 | Against |
| John Hancock | 0 | 520 | 0 | 0 | Against |
| State Street | 0 | 136 | 0 | 0 | Against |
Fund voting reports, all 13 managers: 1,785,944 for, 363,794 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Rosalind Advisors, Inc. | 1,084,545 | 0 | 0 | 0 | For |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | 0 | 115 | 0 | 0 | Against |
Institutional-manager reports, all 2 managers: 1,084,545 for, 115 against.
99.3% Approved · of votes cast
Description as filed by funds: To approve an amendment of the Company's 2021 Employee Stock Purchase Plan to increase by 300,000 the number of shares of Common Stock available thereunder.
DELCATH SYSTEMS INC.’s own tally for this item (“3. The amendment to the 2021 ESPP to increase by 300,000 the number of shares of Common Stock available under thereunder”): 15,835,603 for, 106,523 against — passed, per its Form 8-K filed May 16, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Stockholders approved the amendment to the 2021 ESPP to increase by 300,000 the number of shares of Common Stock available under thereunder.”
Support: 99.3% 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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,371,746 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 350,900 | 0 | 0 | 0 | For |
| Fidelity | 251,511 | 0 | 0 | 0 | For |
| SEI | 67,318 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST III | 33,845 | 0 | 0 | 0 | For |
| BlackRock | 32,669 | 0 | 0 | 0 | For |
| Charles Schwab | 12,977 | 0 | 0 | 0 | For |
| Goldman Sachs | 12,057 | 0 | 0 | 0 | For |
| Exchange Place Advisors Trust | 9,072 | 0 | 0 | 0 | For |
| Equitable | 3,821 | 0 | 0 | 0 | For |
| Victory Capital | 3,166 | 0 | 0 | 0 | For |
| John Hancock | 520 | 0 | 0 | 0 | For |
| State Street | 136 | 0 | 0 | 0 | For |
Fund voting reports, all 13 managers: 2,149,738 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Rosalind Advisors, Inc. | 1,084,545 | 0 | 0 | 0 | For |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | 115 | 0 | 0 | 0 | For |
Institutional-manager reports, all 2 managers: 1,084,660 for.
Combines 3 wordings of this item as funds reported it.
99% Approved · of votes cast
Description as filed by funds: To approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement ("Proxy Statement").
DELCATH SYSTEMS INC.’s own tally for this item (“5. A non-binding advisory vote on the compensation of the Company's named executive officers”): 14,977,421 for, 227,471 against — passed, per its Form 8-K filed May 16, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Stockholders approved a non-binding advisory vote on the compensation of the Company's named executive officers.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of DELCATH SYSTEMS INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “14A Executive Compensation” (5 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,371,746 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 350,900 | 0 | 0 | 0 | For |
| Fidelity | 251,511 | 0 | 0 | 0 | For |
| SEI | 67,318 | 0 | 0 | 0 | For |
| BlackRock | 32,669 | 0 | 0 | 0 | For |
| Charles Schwab | 12,977 | 0 | 0 | 0 | For |
| Goldman Sachs | 12,057 | 0 | 0 | 0 | For |
| Exchange Place Advisors Trust | 9,072 | 0 | 0 | 0 | For |
| Equitable | 3,821 | 0 | 0 | 0 | For |
| Victory Capital | 3,166 | 0 | 0 | 0 | For |
| John Hancock | 520 | 0 | 0 | 0 | For |
| State Street | 136 | 0 | 0 | 0 | For |
Fund voting reports, all 12 managers: 2,115,893 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vivo Capital, LLC | 867,164 | 0 | 0 | 0 | For |
| DEERFIELD MANAGEMENT COMPANY, L.P. | 812,561 | 0 | 0 | 0 | For |
| PERCEPTIVE ADVISORS LLC | 422,763 | 0 | 0 | 0 | For |
| OBERWEIS ASSET MANAGEMENT INC/ | 350,900 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 296,237 | 0 | 0 | 0 | For |
| Point72 | 258,340 | 0 | 0 | 0 | For |
| Citadel | 239,571 | 0 | 0 | 0 | For |
| KENNEDY CAPITAL MANAGEMENT LLC | 152,274 | 86,101 | 0 | 0 | Mixed |
| Soleus Capital Management, L.P. | 232,722 | 0 | 0 | 0 | For |
| CIBC WORLD MARKET INC. | 177,893 | 0 | 0 | 0 | For |
| APIS CAPITAL ADVISORS, LLC | 175,000 | 0 | 0 | 0 | For |
| SILVERARC CAPITAL MANAGEMENT, LLC | 157,815 | 0 | 0 | 0 | For |
| ADAR1 Capital Management, LLC | 149,385 | 0 | 0 | 0 | For |
| SEI | 121,125 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 117,363 | 0 | 0 | 0 | For |
| Northern Trust | 96,166 | 0 | 0 | 0 | For |
| Informed Momentum Co LLC | 94,070 | 0 | 0 | 0 | For |
| BlackRock | 83,578 | 0 | 0 | 0 | For |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND | 82,155 | 0 | 0 | 0 | For |
| State Street | 74,518 | 0 | 0 | 0 | For |
| NEW YORK STATE COMMON RETIREMENT FUND | 65,022 | 0 | 0 | 0 | For |
| OMERS ADMINISTRATION Corp | 51,600 | 0 | 0 | 0 | For |
| Polar Asset Management Partners Inc. | 31,600 | 0 | 0 | 0 | For |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 28,983 | 0 | 0 | 0 | For |
| Riverwater Partners LLC | 27,229 | 0 | 0 | 0 | For |
Institutional-manager reports, all 61 managers: 5,258,447 for, 90,280 against. Showing the 25 largest; every one is in the interactive database (link above).
99.2% Approved · of votes cast
Description as filed by funds: To ratify the selection, by the Audit Committee of our Board of Directors, of CBIZ, Inc. as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2025.
DELCATH SYSTEMS INC.’s own tally for this item (“4. The selection by the Audit Committee of the Board of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for its fiscal year ending December 31, 2025”): 22,591,488 for, 159,518 against — passed, per its Form 8-K filed May 16, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Stockholders ratified the selection by the Audit Committee of the Board of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for its fiscal year ending December 31, 2025.”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 13 asset managers below reported 2,149,738 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,371,746 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 350,900 | 0 | 0 | 0 | For |
| Fidelity | 251,511 | 0 | 0 | 0 | For |
| SEI | 67,318 | 0 | 0 | 0 | For |
| NORTHERN LIGHTS FUND TRUST III | 33,845 | 0 | 0 | 0 | For |
| BlackRock | 32,669 | 0 | 0 | 0 | For |
| Charles Schwab | 12,977 | 0 | 0 | 0 | For |
| Goldman Sachs | 12,057 | 0 | 0 | 0 | For |
| Exchange Place Advisors Trust | 9,072 | 0 | 0 | 0 | For |
| Equitable | 3,821 | 0 | 0 | 0 | For |
| Victory Capital | 3,166 | 0 | 0 | 0 | For |
| John Hancock | 520 | 0 | 0 | 0 | For |
| State Street | 136 | 0 | 0 | 0 | For |
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 34,826,183 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 3.94% |
| 2 | OBERWEIS FUNDS | 1.01% |
| 3 | Fidelity | 0.72% |
| 4 | SEI | 0.19% |
| 5 | NORTHERN LIGHTS FUND TRUST III | 0.10% |
| 6 | BlackRock | 0.09% |
| 7 | Charles Schwab | 0.04% |
| 8 | Goldman Sachs | 0.03% |
| 9 | Exchange Place Advisors Trust | 0.03% |
| 10 | Equitable | 0.01% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vivo Capital, LLC | 2.49% |
| 2 | DEERFIELD MANAGEMENT COMPANY, L.P. | 2.33% |
| 3 | PERCEPTIVE ADVISORS LLC | 1.21% |
| 4 | OBERWEIS ASSET MANAGEMENT INC/ | 1.01% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 0.85% |
| 6 | Point72 | 0.74% |
| 7 | Citadel | 0.69% |
| 8 | KENNEDY CAPITAL MANAGEMENT LLC | 0.68% |
| 9 | Soleus Capital Management, L.P. | 0.67% |
| 10 | CIBC WORLD MARKET INC. | 0.51% |
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.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Rosalind Advisors, Inc. | 19.30% | 13D |
| Rosalind Master Fund L.P. Rosalind Opportunities Fund I L.P. | 9.73% | DEF14A |
| Gilad Aharon, Ph.D. | 9.72% | DEF14A |
| Steven Salamon | 9.70% | DEF14A |
| Daniel Kaufman | 5.07% | 13G |
| Vivo Opportunity Fund Holding, LP | 4.91% | DEF14A |
| Gerard Michel | 4.19% | DEF14A |
| Vanguard Group | 4.00% | 13F |
| Vivo Opportunity Fund Holdings, L.P. | 2.15% | 13G |
| Millennium Management | 1.21% | 13F |
Percentages above are of 34,826,183 shares outstanding, as reported by DELCATH SYSTEMS INC. on its Form 10-Q dated May 6, 2025 (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.
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 DELCATH SYSTEMS INC.’s 10-Q dated May 6, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
DELCATH SYSTEMS INC. proxy season coverage: 2024-2025 (this page) · 2025-2026.
proxyvotesnow.com, “DELCATH SYSTEMS (DCTH) 2025 Annual Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/delcath-systems-inc/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.