Home › Asset managers › First Trust › 2025-2026 › Against the board
4,352 proposals in the 2025-2026 proxy season: First Trust voted against, or withheld its votes from, 4,335 proposals put forward by company boards, and voted for 17 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal First Trust 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
4,352 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | First Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| Nanobiotix SA | June 9, 2026 | Authorize Capital Increase of up to 20 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Up to 1,800,000 Shares for Use in Stock Option Plans | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize up to 1,800,000 Shares for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 1 | |
| National Atomic Company Kazatomprom JSC | April 6, 2026 | Approve Large-Scale Transaction with the Directorate of Purchase & Stores of the Department of Atomic Energy of the Government of India | Extraordinary Transactions | Board | AGAINST | 1 | |
| National Atomic Company Kazatomprom JSC | June 22, 2026 | Approve Changes to Composition of Board of Directors | Director Elections | 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 | |
| Navitas Semiconductor Corporation | July 8, 2025 | Election of Directors: Gene Sheridan | Director Elections | Board | WITHHOLD | 1 | |
| Nebius Group NV | August 21, 2025 | Amend General Guidelines for Compensation of the Board of Directors | Compensation | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Approve Repurchase of Class A Shares | Capital Structure | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Authorize Board to Exclude Preemptive Rights from Share Issuances | Capital Structure | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Grant Board Authority to Issue Class A Shares | Capital Structure | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Reelect Charles Ryan as Non-Executive Director | Director Elections | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Reelect Elena Bunina as Non-Executive Director | Director Elections | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Reelect John Boynton as Non-Executive Director | Director Elections | Board | AGAINST | 1 | |
| Nebius Group NV | August 21, 2025 | Reelect Ophir Nave as Executive Director | Director Elections | Board | AGAINST | 1 | |
| NetApp, Inc. | September 10, 2025 | To approve an amendment to NetApp's 2021 Equity Incentive Plan. (2) | Compensation | Board | AGAINST | 1 | |
| NetEase Cloud Music Inc. | June 23, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| NetEase Cloud Music Inc. | June 23, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| NetEase Cloud Music Inc. | June 23, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| New China Life Insurance Company Ltd. | June 26, 2026 | Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as Domestic Auditor and Deloitte Touche Tohmatsu as International Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Newmark Group, Inc. | December 30, 2025 | Election of Directors: Kenneth A. McIntyre | Director Elections | Board | WITHHOLD | 1 | |
| Newmark Group, Inc. | December 30, 2025 | Election of Directors: Kyle S. Lutnick | Director Elections | Board | WITHHOLD | 1 | |
| Newmark Group, Inc. | December 30, 2025 | Election of Directors: Stephen M. Merkel | Director Elections | Board | WITHHOLD | 1 | |
| Newmark Group, Inc. | December 30, 2025 | Election of Directors: Virginia S. Bauer | Director Elections | Board | WITHHOLD | 1 | |
| News Corporation | November 19, 2025 | Election of 6 Directors: Jose Maria Aznar | Director Elections | Board | AGAINST | 1 | |
| News Corporation | November 19, 2025 | Election of 6 Directors: Lachlan K. Murdoch | Director Elections | Board | AGAINST | 1 | |
| News Corporation | November 19, 2025 | Election of 6 Directors: Masroor Siddiqui | Director Elections | Board | AGAINST | 1 | |
| News Corporation | November 19, 2025 | Election of 6 Directors: Natalie Bancroft | Director Elections | Board | AGAINST | 1 | |
| NexPoint Diversified Real Estate Trust | June 2, 2026 | To elect seven trustees to serve until the 2027 annual meeting of shareholders: Arthur Laffer | Director Elections | Board | WITHHOLD | 1 | |
| NexPoint Diversified Real Estate Trust | June 2, 2026 | To elect seven trustees to serve until the 2027 annual meeting of shareholders: Carol Swain | Director Elections | Board | WITHHOLD | 1 | |
| NexPoint Diversified Real Estate Trust | June 2, 2026 | To elect seven trustees to serve until the 2027 annual meeting of shareholders: Catherine Wood | Director Elections | Board | WITHHOLD | 1 | |
| NexPoint Diversified Real Estate Trust | June 2, 2026 | To elect seven trustees to serve until the 2027 annual meeting of shareholders: Edward Constantino | Director Elections | Board | WITHHOLD | 1 | |
| NexPoint Diversified Real Estate Trust | June 2, 2026 | To elect seven trustees to serve until the 2027 annual meeting of shareholders: Scott Kavanaugh | Director Elections | Board | WITHHOLD | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Approve Measured Goals Plan for Annual Grant to Boris Kipnis, Director and CTO | Compensation | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Approve Measured Goals Plan for Annual Grant to Chen Mordekhay Golan, Chairman | Compensation | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Approve Measured Goals Plan for Annual Grant to Michael Grosman, CEO | Compensation | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Approve Updated Employment Terms of Boris Kipnis, Director and CTO | Compensation | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Approve Updated Employment Terms of Chen Mordekhay Golan, Chairman | Compensation | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Approve Updated Employment Terms of Michael Grosman, CEO | Compensation | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Reappoint Ziv Haft as Auditors and Report Fees Paid to Auditors | Audit-related | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | August 21, 2025 | Reelect Nochman Benchaya as Director | Director Elections | Board | AGAINST | 1 | |
| Next Vision Stabilized Systems Ltd. | November 5, 2025 | Approve Grant of Non-Tradable Options to Michael Grosman, CEO | Compensation | Board | AGAINST | 1 | |
| NextEra Energy, Inc. | May 21, 2026 | A proposal entitled ""Paris Agreement Alignment"" requesting NextEra Energy publish a report describing if and how the Company plans to reduce its total contribution to climate change and align its operations and investments with the Paris Agreement's goal of maintaining global temperatures well below 2 degrees Celsius, and ideally, 1.5 degrees Celsius. | Environment or Climate | Shareholder | Against | FOR | 1 |
| Nickel Industries Limited | May 26, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Nickel Industries Limited | May 26, 2026 | Elect Chris Shepherd as Director | Director Elections | Board | AGAINST | 1 | |
| Nine Dragons Paper (Holdings) Limited | December 11, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Nine Dragons Paper (Holdings) Limited | December 11, 2025 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Nine Dragons Paper (Holdings) Limited | December 11, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Nippon Paper Industries Co., Ltd. | June 26, 2026 | Elect Director Nozawa, Toru | Director Elections | Board | AGAINST | 1 | |
| Nippon Paper Industries Co., Ltd. | June 26, 2026 | Elect Director Sebe, Akira | Director Elections | Board | AGAINST | 1 | |
| Nippon Seiki Co., Ltd. | June 26, 2026 | Elect Director Nagano, Keiichi | Director Elections | Board | AGAINST | 1 | |
| Nippon Seiki Co., Ltd. | June 26, 2026 | Elect Director Sato, Koichi | Director Elections | Board | AGAINST | 1 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Appoint Statutory Auditor Kitamura, Shigeru | Compensation | Board | AGAINST | 1 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Elect Director Fukuda, Hiroyuki | Director Elections | Board | AGAINST | 1 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Elect Director Komoda, Masanobu | Director Elections | Board | AGAINST | 1 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Elect Director Sugiyama, Yoshikuni | Director Elections | Board | AGAINST | 1 | |
| Nishi-Nippon Railroad Co., Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Matsuoka, Kyoko | Director Elections | Board | AGAINST | 1 | |
| Nishi-Nippon Railroad Co., Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Shibato, Takashige | Director Elections | Board | AGAINST | 1 | |
| Nishio Holdings Co., Ltd. | December 19, 2025 | Appoint Statutory Auditor Masuda, Yutaka | Compensation | Board | AGAINST | 1 | |
| Nittetsu Mining Co., Ltd. | June 26, 2026 | Elect Director Morikawa, Reiichi | Director Elections | Board | AGAINST | 1 | |
| Noba Bank Group AB | May 21, 2026 | Approve Remuneration Policy And Other Terms of Employment For Executive Management | Compensation | Board | AGAINST | 1 | |
| Noba Bank Group AB | May 21, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Noba Bank Group AB | May 21, 2026 | Reelect Christopher Ekdahl as Director | Director Elections | Board | AGAINST | 1 | |
| Noba Bank Group AB | May 21, 2026 | Reelect Hans-Ole Jochumsen as Board Chair | Director Elections | Board | AGAINST | 1 | |
| Noba Bank Group AB | May 21, 2026 | Reelect Hans-Ole Jochumsen as Director | Director Elections | Board | AGAINST | 1 | |
| Noba Bank Group AB | May 21, 2026 | Reelect Ricard Wennerklint as Director | Director Elections | Board | AGAINST | 1 | |
| Nojima Co., Ltd. | June 19, 2026 | Approve Stock Option Plan | Compensation | Board | AGAINST | 1 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Iwami, Hiroyuki | Director Elections | Board | AGAINST | 1 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Yamada, Ryuji | Director Elections | Board | AGAINST | 1 | |
| Nomura Micro Science Co., Ltd. | June 24, 2026 | Approve Director Retirement Bonus | Compensation | Board | AGAINST | 1 | |
| North Pacific Bank, Ltd. | June 25, 2026 | Elect Director Tsuyama, Hironobu | Director Elections | Board | AGAINST | 1 | |
| North Pacific Bank, Ltd. | June 25, 2026 | Elect Director Yasuda, Mitsuharu | Director Elections | Board | AGAINST | 1 | |
| Northam Platinum Holdings Ltd. | October 27, 2025 | Approve Remuneration Implementation Report | Compensation | Board | AGAINST | 1 | |
| Northpointe Bancshares, Inc. | May 13, 2026 | Election of Directors: Carrie L. Boer | Director Elections | Board | WITHHOLD | 1 | |
| Northpointe Bancshares, Inc. | May 13, 2026 | Election of Directors: David S. Hooker | Director Elections | Board | WITHHOLD | 1 | |
| Northpointe Bancshares, Inc. | May 13, 2026 | Election of Directors: Robert W. DeVlieger II | Director Elections | Board | WITHHOLD | 1 | |
| Novo Nordisk A/S | March 26, 2026 | Reelect Britt Meelby Jensen as Director | Director Elections | Board | ABSTAIN | 1 | |
| Novo Nordisk A/S | March 26, 2026 | Reelect Kasim Kutay as Director | Director Elections | Board | ABSTAIN | 1 | |
| Novo Nordisk A/S | March 26, 2026 | Reelect Lars Rebien Sorensen (Chair) as Director | Director Elections | Board | ABSTAIN | 1 | |
| Novonesis (Novozymes A/S) | March 23, 2026 | Reelect Kasim Kutay Lane as Director | Director Elections | Board | ABSTAIN | 1 | |
| OCI NV | January 22, 2026 | Approve the Combination | Extraordinary Transactions | Board | AGAINST | 1 | |
| OMV Petrom SA | October 23, 2025 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| ONESPAWORLD HOLDINGS LIMITED | June 3, 2026 | Approval, by non-binding advisory vote, of the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| OPTIMIZERX CORPORATION | June 9, 2026 | Advisory (non-binding) approval of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| ORION Corp. (Korea) | March 26, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 1 | |
| OUTsurance Group Ltd. | November 25, 2025 | Approve Non-executive Directors' Remuneration | Compensation | Board | AGAINST | 1 | |
| OUTsurance Group Ltd. | November 25, 2025 | Re-elect Jannie Durand as Director | Director Elections | Board | AGAINST | 1 | |
| Oculis Holding AG | May 13, 2026 | Approve Creation of CHF 126,777 Pool of Conditional Capital for Employee Equity Plans | Compensation | Board | AGAINST | 1 | |
| Oculis Holding AG | May 13, 2026 | Approve Creation of Capital Band within the Upper Limit of CHF 930,626.64 and the Lower Limit of CHF 620,417.76 with or without Exclusion of Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Oculis Holding AG | May 13, 2026 | Approve Equity-Based Remuneration of Directors in the Amount of USD 2.2 Million | Compensation | Board | AGAINST | 1 | |
| Oculis Holding AG | May 13, 2026 | Approve Equity-Based Remuneration of Executive Committee in the Amount of USD 18 Million | Compensation | Board | AGAINST | 1 | |
| Oculis Holding AG | May 13, 2026 | Approve Remuneration Report (Non-Binding) | Compensation | Board | AGAINST | 1 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Arunangshu Sarkar as Director | Director Elections | Board | AGAINST | 1 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Manish Pareek as Director | Director Elections | Board | AGAINST | 1 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Om Prakash Sinha as Director | Director Elections | Board | AGAINST | 1 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Reena Jaitly as Director | Director Elections | Board | AGAINST | 1 | |
| Oil & Natural Gas Corporation Limited | August 29, 2025 | Elect Vikram Saxena as Director | Director Elections | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.