Home › Asset managers › Advisors' Inner Circle Fund III › 2025-2026 › Against the board
At least 6,060 proposals in the 2025-2026 proxy season: Advisors' Inner Circle Fund III voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 60 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Advisors' Inner Circle Fund III voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
6,060 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Advisors' Inner Circle Fund III voted | Funds |
|---|---|---|---|---|---|---|---|
| Meta Platforms, Inc. | May 27, 2026 | Elect Director John Elkann | Director Elections | Board | WITHHOLD | 1 | |
| Meta Platforms, Inc. | May 27, 2026 | Elect Director Mark Zuckerberg | Director Elections | Board | WITHHOLD | 1 | |
| Meta Platforms, Inc. | May 27, 2026 | Elect Director Peggy Alford | Director Elections | Board | WITHHOLD | 1 | |
| Meta Platforms, Inc. | May 27, 2026 | Elect Director Tony Xu | Director Elections | Board | WITHHOLD | 1 | |
| Meta Platforms, Inc. | May 27, 2026 | Report on Risks of Improper Use of External Data to Develop AI Products | Other Social Issues | Shareholder | Against | FOR | 1 |
| Mitsubishi Gas Chemical Co., Inc. | June 25, 2026 | Elect Director Fujii, Masashi | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Gas Chemical Co., Inc. | June 25, 2026 | Elect Director Isahaya, Yoshinori | Director Elections | Board | AGAINST | 1 | |
| Mohawk Industries, Inc. | May 21, 2026 | Election of Directors: Karen A. Smith Bogart | Director Elections | Board | AGAINST | 1 | |
| Montrose Environmental Group, Inc. | May 6, 2026 | To approve, on a non-binding and advisory basis, the compensation of our named executive officers ("Say on Pay"). | Say-on-Pay | Board | AGAINST | 1 | |
| Mueller Water Products, Inc. | February 9, 2026 | Election of Directors: Brian C. Healy | Director Elections | Board | AGAINST | 1 | |
| Muyuan Foods Co., Ltd. | May 13, 2026 | Approve General Mandate Granted to the Board to Issue Additional Shares | Capital Structure | Board | AGAINST | 1 | |
| Muyuan Foods Co., Ltd. | May 13, 2026 | Approve Provision of Guarantees for Raw Material Procurement Payments of Subsidiaries | Extraordinary Transactions | Board | AGAINST | 1 | |
| N-ABLE, INC. | May 28, 2026 | DIRECTOR: DARRYL LEWIS | Director Elections | Board | WITHHOLD | 1 | |
| N-ABLE, INC. | May 28, 2026 | DIRECTOR: JAMES CAMERON MCMARTIN | Director Elections | Board | WITHHOLD | 1 | |
| N-ABLE, INC. | May 28, 2026 | DIRECTOR: MICHAEL BINGLE | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | DIRECTOR: ALFRED M. RANKIN, JR. | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | DIRECTOR: DENNIS W. LABARRE | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | DIRECTOR: J.C. BUTLER, JR. | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | DIRECTOR: JOHN P. JUMPER | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | DIRECTOR: MICHAEL S. MILLER | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | DIRECTOR: VALERIE GENTILE SACHS | Director Elections | Board | WITHHOLD | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | PROPOSAL TO APPROVE NACCO INDUSTRIES, INC.'S AMENDED AND RESTATED LONG-TERM INCENTIVE COMPENSATION PLAN. | Compensation | Board | AGAINST | 1 | |
| NACCO INDUSTRIES, INC. | May 15, 2026 | PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED ACCOUNTING FIRM OF NACCO INDUSTRIES, INC. FOR 2026. | Audit-related | Board | AGAINST | 1 | |
| NASDAQ, INC. | June 10, 2026 | ELECTION OF DIRECTOR: CHARLENE T. BEGLEY | Director Elections | Board | AGAINST | 1 | |
| NASDAQ, INC. | June 10, 2026 | ELECTION OF DIRECTOR: MICHAEL R. SPLINTER | Director Elections | Board | AGAINST | 1 | |
| NASDAQ, INC. | June 10, 2026 | ELECTION OF DIRECTOR: THOMAS A. KLOET | Director Elections | Board | AGAINST | 1 | |
| NASDAQ, INC. | June 10, 2026 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026 | Audit-related | Board | AGAINST | 1 | |
| NATHAN'S FAMOUS, INC. | September 9, 2025 | DIRECTOR: A.F. PETROCELLI | Director Elections | Board | WITHHOLD | 1 | |
| NATHAN'S FAMOUS, INC. | September 9, 2025 | DIRECTOR: BARRY LEISTNER | Director Elections | Board | WITHHOLD | 1 | |
| NATHAN'S FAMOUS, INC. | September 9, 2025 | DIRECTOR: BRIAN S. GENSON | Director Elections | Board | WITHHOLD | 1 | |
| NATHAN'S FAMOUS, INC. | September 9, 2025 | DIRECTOR: CHARLES RAICH | Director Elections | Board | WITHHOLD | 1 | |
| NATHAN'S FAMOUS, INC. | September 9, 2025 | DIRECTOR: ROBERT J. EIDE | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL BANK HOLDINGS CORP | May 7, 2026 | DIRECTOR: ART ZEILE | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL BANK HOLDINGS CORP | May 7, 2026 | DIRECTOR: FRED J. JOSEPH | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL BANK HOLDINGS CORP | May 7, 2026 | DIRECTOR: MICHO F. SPRING | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL BANK HOLDINGS CORP | May 7, 2026 | DIRECTOR: RALPH W. CLERMONT | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL BANK HOLDINGS CORP | May 7, 2026 | DIRECTOR: ROBERT E. DEAN | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL BEVERAGE CORP. | October 3, 2025 | ELECTION OF DIRECTOR: STANLEY M. SHERIDAN | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL CINEMEDIA, INC. | May 7, 2026 | ELECTION OF DIRECTOR: DAVID E. GLAZEK | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL CINEMEDIA, INC. | May 7, 2026 | ELECTION OF DIRECTOR: JULIANA F. HILL | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL CINEMEDIA, INC. | May 7, 2026 | ELECTION OF DIRECTOR: THOMAS F. LESINSKI | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL HEALTH INVESTORS, INC. | May 27, 2026 | ELECTION OF DIRECTOR: JAMES R. JOBE | Director Elections | Board | AGAINST | 1 | |
| NATIONAL HEALTH INVESTORS, INC. | May 27, 2026 | ELECTION OF DIRECTOR: ROBERT A. MCCABE, JR. | Director Elections | Board | AGAINST | 1 | |
| NATIONAL HEALTH INVESTORS, INC. | May 27, 2026 | ELECTION OF DIRECTOR: TRACY M.J. COLDEN | Director Elections | Board | AGAINST | 1 | |
| NATIONAL HEALTH INVESTORS, INC. | May 27, 2026 | RATIFY THE AUDIT COMMITTEE'S SELECTION OF BDO USA, P.C. AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NATIONAL PRESTO INDUSTRIES, INC. | May 19, 2026 | ELECTION OF DIRECTOR: JOSEPH G. STIENESSEN | Director Elections | Board | WITHHOLD | 1 | |
| NATIONAL PRESTO INDUSTRIES, INC. | May 19, 2026 | ELECTION OF DIRECTOR: RANDY F. LIEBLE | Director Elections | Board | WITHHOLD | 1 | |
| NATURAL GROCERS BY VITAMIN COTTAGE, INC. | March 4, 2026 | ELECTION OF DIRECTOR: ZEPHYR ISELY | Director Elections | Board | WITHHOLD | 1 | |
| NATURE'S SUNSHINE PRODUCTS, INC. | May 6, 2026 | RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP, AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NATURE'S SUNSHINE PRODUCTS, INC. | May 6, 2026 | TO APPROVE THE ADOPTION OF THE NATURE'S SUNSHINE PRODUCTS, INC. 2026 STOCK INCENTIVE PLAN. | Compensation | Board | AGAINST | 1 | |
| NAURA Technology Group Co., Ltd. | December 8, 2025 | Approve Draft and Summary of Employee Share Purchase Plan | Compensation | Board | AGAINST | 1 | |
| NAURA Technology Group Co., Ltd. | December 8, 2025 | Approve Management Method of Employee Share Purchase Plan | Compensation | Board | AGAINST | 1 | |
| NAUTILUS BIOTECHNOLOGY, INC. | June 17, 2026 | APPROVAL ON AN ADVISORY BASIS OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2025 (THE SAY ON PAY VOTE"). " | Say-on-Pay | Board | AGAINST | 1 | |
| NAUTILUS BIOTECHNOLOGY, INC. | June 17, 2026 | DIRECTOR: FARZAD NAZEM | Director Elections | Board | WITHHOLD | 1 | |
| NAUTILUS BIOTECHNOLOGY, INC. | June 17, 2026 | DIRECTOR: PARAG MALLICK | Director Elections | Board | WITHHOLD | 1 | |
| NAVIGATOR HOLDINGS LTD. | June 15, 2026 | DIRECTOR: DR. HEIKO FISCHER | Director Elections | Board | WITHHOLD | 1 | |
| NAVIGATOR HOLDINGS LTD. | June 15, 2026 | DIRECTOR: FLORIAN WEIDINGER | Director Elections | Board | WITHHOLD | 1 | |
| NAVITAS SEMICONDUCTOR CORPORATION | June 25, 2026 | DIRECTOR: BRIAN LONG* | Director Elections | Board | WITHHOLD | 1 | |
| NAVITAS SEMICONDUCTOR CORPORATION | June 25, 2026 | DIRECTOR: DAVID MOXAM* | Director Elections | Board | WITHHOLD | 1 | |
| NAVITAS SEMICONDUCTOR CORPORATION | June 25, 2026 | DIRECTOR: DIPENDER SALUJA* | Director Elections | Board | WITHHOLD | 1 | |
| NB BANCORP, INC. | April 29, 2026 | DIRECTOR: MARK WHALEN | Director Elections | Board | WITHHOLD | 1 | |
| NB BANCORP, INC. | April 29, 2026 | DIRECTOR: PAUL AYOUB | Director Elections | Board | WITHHOLD | 1 | |
| NBT BANCORP INC. | May 19, 2026 | ELECTION OF DIRECTOR FOR A ONE-YEAR TERM: ANDREW S. KOWALCZYK, III | Director Elections | Board | AGAINST | 1 | |
| NBT BANCORP INC. | May 19, 2026 | ELECTION OF DIRECTOR FOR A ONE-YEAR TERM: MATTHEW J. SALANGER | Director Elections | Board | AGAINST | 1 | |
| NBT BANCORP INC. | May 19, 2026 | ELECTION OF DIRECTOR FOR A ONE-YEAR TERM: TIMOTHY E. DELANEY | Director Elections | Board | AGAINST | 1 | |
| NBT BANCORP INC. | May 19, 2026 | ELECTION OF DIRECTOR FOR A ONE-YEAR TERM: V. DANIEL ROBINSON, II | Director Elections | Board | AGAINST | 1 | |
| NBT BANCORP INC. | May 19, 2026 | TO RATIFY THE APPOINTMENT OF KPMG LLP AS NBT BANCORP INC.'S INDEPENDENT, REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NCINO, INC. | June 18, 2026 | ELECTION OF DIRECTOR: JON DOYLE | Director Elections | Board | AGAINST | 1 | |
| NCINO, INC. | June 18, 2026 | ELECTION OF DIRECTOR: WILLIAM SPRUILL | Director Elections | Board | AGAINST | 1 | |
| NCR ATLEOS CORPORATION | June 30, 2026 | TO APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION THAT MAY BE PAID OR BECOME PAYABLE TO NCR ATLEOS CORPORATION'S NAMED EXECUTIVE OFFICERS THAT IS BASED ON OR OTHERWISE RELATES TO THE MERGERS. | Say-on-Pay | Board | AGAINST | 1 | |
| NCR VOYIX CORPORATION | June 3, 2026 | ELECTION OF DIRECTOR: KIRK LARSEN | Director Elections | Board | AGAINST | 1 | |
| NCR VOYIX CORPORATION | June 3, 2026 | ELECTION OF DIRECTOR: LAURA SEN | Director Elections | Board | AGAINST | 1 | |
| NCR VOYIX CORPORATION | June 3, 2026 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026 AS MORE PARTICULARLY DESCRIBED IN THE PROXY MATERIALS | Audit-related | Board | AGAINST | 1 | |
| NEKTAR THERAPEUTICS | June 4, 2026 | ELECTION OF DIRECTOR: HOWARD W. ROBIN | Director Elections | Board | AGAINST | 1 | |
| NEKTAR THERAPEUTICS | June 4, 2026 | TO APPROVE AN AMENDMENT TO OUR AMENDED AND RESTATED 2017 PERFORMANCE INCENTIVE PLAN TO INCREASE THE AGGREGATE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THE PLAN BY 3,000,000 SHARES. | Compensation | Board | AGAINST | 1 | |
| NEKTAR THERAPEUTICS | June 4, 2026 | TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NELNET, INC. | May 14, 2026 | ELECTION OF CLASS III DIRECTOR FOR THREE-YEAR TERM: DAVID S. GRAFF | Director Elections | Board | AGAINST | 1 | |
| NELNET, INC. | May 14, 2026 | ELECTION OF CLASS III DIRECTOR FOR THREE-YEAR TERM: KATHLEEN A. FARRELL | Director Elections | Board | AGAINST | 1 | |
| NELNET, INC. | May 14, 2026 | ELECTION OF CLASS III DIRECTOR FOR THREE-YEAR TERM: THOMAS E. HENNING | Director Elections | Board | AGAINST | 1 | |
| NELNET, INC. | May 14, 2026 | RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2026. | Audit-related | Board | AGAINST | 1 | |
| NEOGENOMICS, INC. | May 21, 2026 | APPROVAL OF THE SECOND AMENDMENT OF THE NEOGENOMICS, INC. 2023 EQUITY INCENTIVE PLAN. | Compensation | Board | AGAINST | 1 | |
| NEOGENOMICS, INC. | May 21, 2026 | ELECTION OF DIRECTOR: DAVID B. PEREZ | Director Elections | Board | AGAINST | 1 | |
| NEOGENOMICS, INC. | May 21, 2026 | ELECTION OF DIRECTOR: LYNN A. TETRAULT | Director Elections | Board | AGAINST | 1 | |
| NEOGENOMICS, INC. | May 21, 2026 | ELECTION OF DIRECTOR: MICHAEL A. KELLY | Director Elections | Board | AGAINST | 1 | |
| NEONODE INC. | June 17, 2026 | DIRECTOR: PER LOFGREN | Director Elections | Board | WITHHOLD | 1 | |
| NEONODE INC. | June 17, 2026 | DIRECTOR: PETER LINDELL | Director Elections | Board | WITHHOLD | 1 | |
| NERDY INC. | April 30, 2026 | DIRECTOR: C. (WOODY) MARSHALL | Director Elections | Board | WITHHOLD | 1 | |
| NERDY INC. | April 30, 2026 | DIRECTOR: ROB HUTTER | Director Elections | Board | WITHHOLD | 1 | |
| NETGEAR, INC. | May 28, 2026 | ELECTION OF DIRECTOR: JANICE M. ROBERTS | Director Elections | Board | AGAINST | 1 | |
| NETGEAR, INC. | May 28, 2026 | ELECTION OF DIRECTOR: SHRAVAN K. GOLI | Director Elections | Board | AGAINST | 1 | |
| NETGEAR, INC. | May 28, 2026 | PROPOSAL TO APPROVE, ON A NON-BINDING ADVISORY BASIS, A RESOLUTION APPROVING THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS IN THE PROXY STATEMENT. | Say-on-Pay | Board | AGAINST | 1 | |
| NETGEAR, INC. | May 28, 2026 | PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NETSCOUT SYSTEMS, INC. | September 10, 2025 | TO APPROVE THE NETSCOUT SYSTEMS, INC. 2019 EQUITY INCENTIVE PLAN, AS AMENDED. | Compensation | Board | AGAINST | 1 | |
| NETSCOUT SYSTEMS, INC. | September 10, 2025 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MARCH 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NEUMORA THERAPEUTICS, INC. | May 27, 2026 | ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Say-on-Pay | Board | AGAINST | 1 | |
| NEUROCRINE BIOSCIENCES, INC. | May 27, 2026 | TO APPROVE AN AMENDMENT OF THE COMPANY'S 2025 EQUITY INCENTIVE PLAN TO INCREASE THE AGGREGATE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER BY 4,000,000 SHARES. | Compensation | Board | AGAINST | 1 | |
| NEUROCRINE BIOSCIENCES, INC. | May 27, 2026 | TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| NEURONETICS, INC. | May 28, 2026 | APPROVAL OF THE NEURONETICS, INC. 2026 EQUITY INCENTIVE PLAN. | Compensation | Board | AGAINST | 1 | |
| NEURONETICS, INC. | May 28, 2026 | DIRECTOR: GLENN P. MUIR | Director Elections | Board | WITHHOLD | 1 | |
| NEURONETICS, INC. | May 28, 2026 | DIRECTOR: MEGAN R. ROSENGARTEN | Director Elections | Board | WITHHOLD | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.