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Fidelity 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Fidelity 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

6,052 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.

Fidelity, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedFidelity votedFunds
Urban One, Inc. June 11, 2026 Election of Class B Directors: Catherine L. Hughes Class B Director Director Elections Board WITHHOLD 4
Urban One, Inc. June 11, 2026 Election of Class B Directors: D. Geoffrey Armstrong Class B Director Director Elections Board WITHHOLD 4
Usio, Inc. June 10, 2026 Election of Directors. Class III Nominees: Ernesto R. Beyer (Term Ending 2029) Director Elections Board WITHHOLD 4
Usio, Inc. June 10, 2026 To approve, on an advisory basis, the compensation paid to our Named Executive Officers for the year ended December 31, 2025. Say-on-Pay Board AGAINST 4
VSee Health, Inc. December 30, 2025 The Incentive Plan Proposal - To approve the VSee Health Inc. 2025 Equity Incentive Plan, as detailed in the accompanying proxy statement. Compensation Board AGAINST 4
Var Energi ASA May 29, 2026 Approve Creation of NOK 39.9 Million Pool of Capital without Preemptive Rights Capital Structure Board AGAINST 4
Var Energi ASA May 29, 2026 Approve Remuneration Statement Compensation Board AGAINST 4
Var Energi ASA May 29, 2026 Authorize Share Repurchase Program and Reissuance of Repurchased Shares Capital Structure Board AGAINST 4
Veea, Inc. December 30, 2025 To approve an amendment to Section 4(a) of the Company's 2024 Equity Incentive Plan (the "2024 Plan") to read in full as follows: (a) Basic Limitation. Subject to the provisions of Section 14, the maximum aggregate number of Shares that may be issued under the Plan shall be the sum of (A) 9,546,421 shares of common stock, plus (B) an increase commencing on January 1, 2026 and continuing annually on each anniversary thereof through and including January 1, 2034, equal to the lesser of (1) three percent (3%) of the shares of common stock issued and outstanding on the last day of the immediately preceding calendar year and (ii) such smaller number of shares of common stock as determined by the Board or the Committee. The Shares subject to the Plan may be authorized but unissued or reacquired shares. Compensation Board AGAINST 4
Veea, Inc. December 30, 2025 To approve, on an advisory basis, the executive compensation of our named executive officers as described in the proxy statement. Say-on-Pay Board AGAINST 4
Velo3D, Inc. June 10, 2026 Approval of amendment to the 2021 Equity Incentive Plan. Compensation Board AGAINST 4
Venture Global, Inc. May 27, 2026 Election of the 7 director nominees named in this proxy statement: Michael Sabel Director Elections Board WITHHOLD 4
Vera Bradley, Inc. June 4, 2026 To approve an amendment to the Company's 2020 Equity and Incentive Plan to increase the number of shares authorized for issuance by 3,000,000 shares. Compensation Board AGAINST 4
Verrica Pharmaceuticals Inc. June 5, 2026 Approval of the Company's Amended and Restated 2018 Equity Incentive Plan. Compensation Board AGAINST 4
Vicat SA April 10, 2026 Approve Compensation of Didier Petetin, Vice-CEO Compensation Board AGAINST 4
Vicat SA April 10, 2026 Authorize Repurchase of Up to 10 Percent of Issued Share Capital Capital Structure Board AGAINST 4
Vicat SA April 10, 2026 Reelect Jacques Merceron-Vicat as Director Director Elections Board AGAINST 4
Vidrala SA April 29, 2026 Elect Amelia Diaz-Guardamino Delclaux as Director Director Elections Board AGAINST 4
Vidrala SA April 29, 2026 Reelect Aitor Salegui Escolano as Director Director Elections Board AGAINST 4
Vidrala SA April 29, 2026 Reelect Eduardo Zavala Ortiz de la Torre as Director Director Elections Board AGAINST 4
Village Super Market, Inc. December 12, 2025 Election of Directors: John J. Sumas Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: John P. Sumas Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: Kevin Begley Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: Perry Blatt Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: Prasad Pola Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: Robert Sumas Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: Stephen F. Rooney Director Elections Board WITHHOLD 4
Village Super Market, Inc. December 12, 2025 Election of Directors: Steven Crystal Director Elections Board WITHHOLD 4
VirTra, Inc. October 14, 2025 Election of Directors: Jeffrey D. Brown Director Elections Board WITHHOLD 4
VirTra, Inc. October 14, 2025 Election of Directors: Michael T. Ayers Director Elections Board WITHHOLD 4
VirnetX Holding Corporation June 11, 2026 To approve an amendment to our Amended and Restated 2013 Equity Incentive Plan to increase the share reserve. Compensation Board AGAINST 4
Viscofan SA April 23, 2026 Reelect Agatha Echevarria Canales as Director Director Elections Board AGAINST 4
Viscofan SA April 23, 2026 Reelect Jose Antonio Canales Garcia as Director Director Elections Board AGAINST 4
Vista Energy SAB de CV January 27, 2026 Approve Acquisition of Exploration, Exploitation Rights, Concessions and Licenses to Develop Unconventional Hydrocarbon Reserves and Resources (Potential Acquisition) in Excess of 20 Percent of Company's Consolidated Assets Extraordinary Transactions Board AGAINST 4
Vista Energy SAB de CV January 27, 2026 Approve Loan Agreement to Pay in Full or in Part for Potential Acquisition Capital Structure Board AGAINST 4
Vista Energy SAB de CV January 27, 2026 Authorize Increase in Variable Share Capital via Issuance of Series A Shares without Preemptive Rights; Use Series A Treasury Shares to Represent Capital Increases that are Resolved by Board Capital Structure Board AGAINST 4
Voyah Automotive Technology Co. Ltd. June 12, 2026 Approve Grant of General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 4
Warba Bank KSC March 30, 2026 Authorize Board to be Engaged in Related Parties Transactions and Approve Financial Facilities for Directors and Related Parties Compensation Board AGAINST 4
Warba Bank KSC March 30, 2026 Authorize Issuance of Sukuk or Other Shariah Compliant Instruments and Create Sukuk Issuance Program or Update Previous Sukuk Issuance Program and Authorize Board to Execute all Necessary Actions Related to the Issuance Capital Structure Board AGAINST 4
WeRide, Inc. June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Class A Ordinary Shares Capital Structure Board AGAINST 4
WeRide, Inc. June 26, 2026 Authorize Reissuance of Repurchased Additional Class A Ordinary Shares and/or ADSs Shares Capital Structure Board AGAINST 4
Wellgistics Health, Inc. May 21, 2026 The approval of an amendment to the Company's Amended and Restated 2023 Equity Incentive Plan (1) to increase the number of shares of common stock available for issuance thereunder by 56,493,936 shares and (2) to adjust the maximum annual increase from three percent (3%) to ten percent (10%) of shares outstanding. Compensation Board AGAINST 4
Western Digital Corporation November 20, 2025 Approval on an advisory basis of the named executive officer compensation disclosed in the Proxy Statement. Say-on-Pay Board (inferred) AGAINST 4
Western Superconducting Technologies Co., Ltd. July 30, 2025 Amend Allowance System of Independent Directors Compensation Board AGAINST 4
Western Superconducting Technologies Co., Ltd. July 30, 2025 Elect Li Xiaoguang as Independent Director Director Elections Board AGAINST 4
Willamette Valley Vineyards, Inc. July 12, 2025 Election of Director to be elected for terms expiring in 2028: James Ellis Director Elections Board WITHHOLD 4
Wingtech Technology Co., Ltd. October 15, 2025 Approve to Appoint Auditor Audit-related Board AGAINST 4
Wiwynn Corp. May 25, 2026 Elect FRANK LIN, a Representative of WISTRON CORPORATION, as Non-Independent Director Director Elections Board AGAINST 4
Workhorse Group Inc. November 25, 2025 The Say-on-Pay Proposal: Approve, on an advisory basis, the compensation of Workhorse's named executive officers. Say-on-Pay Board AGAINST 4
Workhorse Group Inc. June 29, 2026 Approve the Amended and Restated Workhorse Group 2023 Long-Term Incentive Plan. Compensation Board AGAINST 4
Worksport Ltd. December 11, 2025 To approve amendments to the Worksport Ltd. 2022 Equity Incentive Plan to (i) change the evergreen formula from an annual increase to a quarterly increase, and (ii) increase the evergreen percentage from 15% to 18% of the Company's outstanding common stock, as determined on the last day of each calendar quarter; and Compensation Board AGAINST 4
X4 Pharmaceuticals, Inc. May 11, 2026 To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 4
XBP Europe Holdings, Inc. July 25, 2025 To increase the number of authorized shares from 210,000,000, consisting of 200,000,000 shares of common stock, each with a par value of $0.0001, and 10,000,000 shares of preferred stock, each with a par value of $0.0001, to 420,000,000 consisting of 400,000,000 shares of the Company's common stock and 20,000,000 shares of Company's preferred stock; Capital Structure Board AGAINST 4
XBiotech Inc. August 29, 2025 To approve the Company's 2025 Equity Incentive Plan. Compensation Board AGAINST 4
XPeng, Inc. June 26, 2026 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 4
Xilio Therapeutics, Inc. November 21, 2025 To approve a one-time repricing of certain outstanding employee stock options. Compensation Board AGAINST 4
Xilio Therapeutics, Inc. June 10, 2026 To approve our Amended and Restated 2021 Stock Incentive Plan. Compensation Board AGAINST 4
Xos, Inc. June 23, 2026 To approve the 2026 Amendment to the Xos, Inc. Amended and Restated 2021 Equity Incentive Plan. Compensation Board AGAINST 4
Zealand Pharma A/S March 26, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 4
Zealand Pharma A/S March 26, 2026 Elect Iris Low Friedrich as New Director Director Elections Board ABSTAIN 4
Zealand Pharma A/S March 26, 2026 Reelect Alf Gunnar Martin Nicklasson as Director Director Elections Board ABSTAIN 4
Zealand Pharma A/S March 26, 2026 Reelect Enrique Conterno as Director Director Elections Board ABSTAIN 4
Zealand Pharma A/S March 26, 2026 Reelect Leonard Kruimer as Director Director Elections Board ABSTAIN 4
Zeo Energy Corp. August 5, 2025 Election of Directors: Timothy Bridgewater Director Elections Board WITHHOLD 4
Zhejiang Longsheng Group Co., Ltd. May 8, 2026 Approve Guarantee Amount Capital Structure Board AGAINST 4
Zhejiang Wanfeng Auto Wheel Co., Ltd. May 20, 2026 Approve Provision of Guarantee Plan for Subsidiaries Capital Structure Board AGAINST 4
Zhejiang Weiming Environment Protection Co., Ltd. May 12, 2026 Approve Guarantee Provision Capital Structure Board AGAINST 4
bioAffinity Technologies, Inc. January 19, 2026 Proposal for authorization to issue securities in one or more non-public offerings in accordance with Nasdaq Marketplace Rule 5635(d) (the "Offering Proposal"). Capital Structure Board AGAINST 4
bioAffinity Technologies, Inc. January 19, 2026 Proposal to approve any change of control under Nasdaq Marketplace Rule 5635 that may result from the potential issuance of securities in the non-public offerings (the "Change of Control Proposal"). Capital Structure Board AGAINST 4
eToro Group Ltd. May 26, 2026 Elect Director Eddy Shalev Director Elections Board AGAINST 4
enVVeno Medical Corporation December 11, 2025 To approve on a non-binding, advisory basis the compensation of our named executive officers. Say-on-Pay Board AGAINST 4
enVVeno Medical Corporation December 11, 2025 To approve the adoption of the enVVeno Medical Corporation 2025 Equity Incentive Plan. Compensation Board AGAINST 4
iSpecimen Inc. May 29, 2026 To Approve the iSpecimen Inc. 2025 Stock Incentive Plan. Compensation Board AGAINST 4
momo.com, Inc. May 27, 2026 Elect EMILY HONG as Independent Director Director Elections Board AGAINST 4
momo.com, Inc. May 27, 2026 Elect JAMIE LIN, a Representative of WEALTH MEDIA TECHNOLOGY CO., LTD., as Non-independent Director Director Elections Board AGAINST 4
reAlpha Tech Corp. October 8, 2025 An amendment to the 2022 Equity Incentive Plan (as amended from time to time, the "2022 Plan"), in the form attached to the proxy statement as Annex B, for the adoption of an automatic annual increase in the shares of common stock available for issuance under the 2022 Plan ("2022 Plan Evergreen Proposal" or "Proposal 5"). Compensation Board AGAINST 4
urban-gro, Inc. January 30, 2026 To approve an amendment to the Company's 2021 Omnibus Stock Incentive Plan to increase the number of shares authorized for issuance under the plan. Compensation Board AGAINST 4
8x8, Inc. July 25, 2025 To approve an amendment to the 8x8, Inc.'s 2022 Equity Incentive Plan to increase the number of shares of common stock available for issuance thereunder by 8,500,000 shares. Compensation Board AGAINST 3
ACM Research, Inc. June 10, 2026 Election of Directors: Tracy Liu Director Elections Board WITHHOLD 3
ACS, Actividades de Construccion y Servicios SA May 7, 2026 Reelect Juan Santamaria Cases as Director Director Elections Board AGAINST 3
ACS, Actividades de Construccion y Servicios SA May 7, 2026 Reelect Maria Jose Garcia Beato as Director Director Elections Board AGAINST 3
AEON Biopharma, Inc. January 21, 2026 To approve the Amended and Restated 2023 Incentive Award Plan, to, among other things, increase the number of shares of Common Stock authorized for issuance thereunder (the "Equity Plan Proposal"). Compensation Board AGAINST 3
AS ONE Corp. June 24, 2026 Elect Director and Audit Committee Member Toyoda, Tsukasa Director Elections Board AGAINST 3
ASMPT Limited May 7, 2026 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 3
AT & S Austria Technologie & Systemtechnik AG July 3, 2025 Approve Management Board Remuneration Policy Compensation Board AGAINST 3
AT & S Austria Technologie & Systemtechnik AG July 3, 2025 Approve Remuneration Report Compensation Board AGAINST 3
AT & S Austria Technologie & Systemtechnik AG July 3, 2025 Elect Georg Hansis as Supervisory Board Member Director Elections Board AGAINST 3
Abivax SA May 11, 2026 Approve Compensation Report Compensation Board AGAINST 3
Abivax SA May 11, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 3
Abivax SA May 11, 2026 Approve Compensation of Sylvie Gregoire, Chairwoman of the Board Say-on-Pay Board AGAINST 3
Abivax SA May 11, 2026 Approve Remuneration Policy of Chairwoman of the Board Compensation Board AGAINST 3
Abivax SA May 11, 2026 Reelect Sylvie Gregoire as Director Director Elections Board AGAINST 3
Abu Dhabi Islamic Bank March 4, 2026 Appoint Auditors and Fix Their Remuneration for the Fiscal Year 2026 Audit-related Board AGAINST 3
Acadian Asset Management Inc. June 11, 2026 Election of Directors: Kelly Young Director Elections Board AGAINST 3
Acerinox SA May 5, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 3
Acushnet Holdings Corp. June 8, 2026 Election of the following nominees for director: David Maher Director Elections Board WITHHOLD 3
Acushnet Holdings Corp. June 8, 2026 Election of the following nominees for director: Ho Yeon (Aaron) Lee Director Elections Board WITHHOLD 3
Acushnet Holdings Corp. June 8, 2026 Election of the following nominees for director: Keun Chang (Kevin) Yoon Director Elections Board WITHHOLD 3
Advent Technologies Holdings, Inc. October 22, 2025 To approve an amendment to our Amended and Restated Advent Technologies Holdings, Inc. 2021 Incentive Plan to increase the number of shares of Common Stock issuable under the Incentive Plan from 530,976 to 1,011,627 and to incorporate provisions for annual increases under the Incentive Plan on the first day of each calendar year beginning on January 1, 2027 and ending on January 1, 2046, equal to the lesser of (A) 3% of the total shares of our Common Stock outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Board. Compensation Board AGAINST 3
Afcons Infrastructure Ltd. November 10, 2025 Approve Afcons Infrastructure Limited - Employee Stock Option Plan 2025 Compensation Board AGAINST 3

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Built November 7, 2026 from SEC Form N-PX filings.