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First Trust 2025-2026: where it broke with 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.

First Trust, 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 recommendedFirst Trust votedFunds
Paradeep Phosphates Ltd. June 24, 2026 Reelect Rita Menon as Director Director Elections Board AGAINST 1
Patria Investments Limited September 10, 2025 Elect Daniel Rizardi Sorrentino as Director Director Elections Board AGAINST 1
PayPal Holdings, Inc. May 19, 2026 Approval of the PayPal Holdings, Inc. 2026 Equity Incentive Award Plan. (2) Compensation Board AGAINST 1
PayPay Corporation June 29, 2026 Elect Director Fumiya Takasu Director Elections Board AGAINST 1
PayPay Corporation June 29, 2026 Elect Director Ichiro Nakayama Director Elections Board AGAINST 1
PayPay Corporation June 29, 2026 Elect Director Junichi Miyakawa Director Elections Board AGAINST 1
PayPay Corporation June 29, 2026 Elect Director Takeshi Idezawa Director Elections Board AGAINST 1
PayPay Corporation June 29, 2026 Elect Director Yoshimitsu Goto Director Elections Board AGAINST 1
Peker Gayrimenkul Yatirim Ortakligi AS June 16, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Pell Bio-Med Technology Co., Ltd. June 18, 2026 Amend Procedures for Endorsement and Guarantees Extraordinary Transactions Board AGAINST 1
Pell Bio-Med Technology Co., Ltd. June 18, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 1
Petkim Petrokimya Holding AS May 15, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Petroreconcavo SA April 24, 2026 Approve Long-Term Incentive Plan Compensation Board AGAINST 1
PharmaResearch Co., Ltd. March 27, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 1
Phoenix Financial Ltd. March 9, 2026 Approve Updated Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 1
Pidilite Industries Limited August 6, 2025 Approve Appointment and Remuneration of Swaminathan K as Whole Time Director designated as Director - Operations Compensation Board AGAINST 1
Pidilite Industries Limited August 6, 2025 Approve Reappointment and Remuneration of A N Parekh as Whole-Time Director Compensation Board AGAINST 1
Pidilite Industries Limited August 6, 2025 Elect Swaminathan K as Director Director Elections Board AGAINST 1
Pidilite Industries Limited August 6, 2025 Reelect A N Parekh as Director Director Elections Board AGAINST 1
Pidilite Industries Limited August 6, 2025 Reelect Sandeep Batra as Director Director Elections Board AGAINST 1
Piedmont Realty Trust, Inc. May 12, 2026 Approve our Third Amended and Restated Omnibus Incentive Plan. Compensation Board AGAINST 1
Pilbara Minerals Ltd. November 25, 2025 Approve Issuance of FY26 LTI Performance Rights to Dale Henderson Compensation Board AGAINST 1
Pilbara Minerals Ltd. November 25, 2025 Approve Issuance of Loan Shares to Dale Henderson Compensation Board AGAINST 1
Pilbara Minerals Ltd. November 25, 2025 Approve Remuneration Report Compensation Board AGAINST 1
Pilbara Minerals Ltd. November 25, 2025 Elect Nicholas Cernotta as Director Director Elections Board AGAINST 1
PixArt Imaging, Inc. May 27, 2026 Elect Hsing-Yuan Hsu, with SHAREHOLDER NO.F120905XXX, as Independent Director Director Elections Board AGAINST 1
Plains All American Pipeline, L.P. May 20, 2026 Advisory Vote to Ratify Named Executive Officers' Compensation Compensation Board AGAINST 1
Playtech Plc May 20, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Playtech Plc May 20, 2026 Re-elect Doreen Tan as Director Director Elections Board AGAINST 1
Playtech Plc May 20, 2026 Re-elect Ian Penrose as Director Director Elections Board AGAINST 1
Playtech Plc May 20, 2026 Re-elect Linda Marston-Weston as Director Director Elections Board AGAINST 1
Playtech Plc May 20, 2026 Re-elect Samy Reeb as Director Director Elections Board AGAINST 1
Polestar Automotive Holding UK PLC June 26, 2026 Authorize Issue of Equity Capital Structure Board AGAINST 1
Polestar Automotive Holding UK PLC June 26, 2026 Authorize Issue of Equity without Pre-emptive Rights Capital Structure Board AGAINST 1
Polestar Automotive Holding UK PLC June 26, 2026 Elect Director Quan (Joe) Zhang Director Elections Board AGAINST 1
Ponce Financial Group, Inc. June 11, 2026 Election of Directors for the term ending in 2029: James Perez Director Elections Board WITHHOLD 1
Ponce Financial Group, Inc. June 11, 2026 Election of Directors for the term ending in 2029: Steven A. Tsavaris Director Elections Board WITHHOLD 1
Pony AI Inc. April 2, 2026 Adopt 2026 Share Scheme Compensation Board AGAINST 1
Pony AI Inc. April 2, 2026 Approve Grant of RSUs to Jun Peng Pursuant to the 2026 Share Scheme Compensation Board AGAINST 1
Pony AI Inc. April 2, 2026 Approve Grant of RSUs to Tiancheng Lou Pursuant to the 2026 Share Scheme Compensation Board AGAINST 1
Pony AI Inc. April 2, 2026 Approve Individual Limit under the 2026 Share Scheme Compensation Board AGAINST 1
Pony AI Inc. April 2, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Class A Ordinary Shares and/or ADSs Capital Structure Board AGAINST 1
Pony AI Inc. April 2, 2026 Approve Scheme Limit under the 2026 Share Scheme Compensation Board AGAINST 1
Pony AI Inc. April 2, 2026 Approve Service Providers Limit under the 2026 Share Scheme Compensation Board AGAINST 1
Pony AI Inc. April 2, 2026 Authorize Reissuance of Additional Shares and/or ADSs Capital Structure Board AGAINST 1
Pony AI Inc. June 8, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Pony AI Inc. June 8, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Pony AI Inc. June 8, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Porto Seguro SA March 31, 2026 Approve Remuneration of Company's Management, Advisory Committees' Members, and Fiscal Council Compensation Board AGAINST 1
Porto Seguro SA March 31, 2026 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Andre Luis Rodrigues Teixeira as Board Vice-Chair Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Bruno Campos Garfinkel as Board Chair Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Celia Kochen Parnes as Independent Director Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Lie Uema do Carmo as Independent Director Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Patricia M. Muratori Calfat as Independent Director Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Paula Magalhaes Cardoso Neves as Director Director Elections Board ABSTAIN 1
Porto Seguro SA March 31, 2026 Percentage of Votes to Be Assigned - Elect Roberto de Souza Santos as Director Director Elections Board ABSTAIN 1
Postal Realty Trust, Inc. May 15, 2026 Election of Directors: Anton Feingold Director Elections Board WITHHOLD 1
Postal Realty Trust, Inc. May 15, 2026 Election of Directors: Barry Lefkowitz Director Elections Board WITHHOLD 1
Postal Realty Trust, Inc. May 15, 2026 Election of Directors: Jane Gural-Senders Director Elections Board WITHHOLD 1
Pro-Dex, Inc. November 20, 2025 Election of Directors: David C. Hovda Director Elections Board WITHHOLD 1
Pro-Dex, Inc. November 20, 2025 Election of Directors: Katrina M.K. Philp Director Elections Board WITHHOLD 1
Pro-Dex, Inc. November 20, 2025 Election of Directors: Nicholas J. Swenson Director Elections Board WITHHOLD 1
Pro-Dex, Inc. November 20, 2025 Election of Directors: Raymond E. Cabillot Director Elections Board WITHHOLD 1
Pro-Dex, Inc. November 20, 2025 To amend the 2016 Equity Incentive Plan in order to extend its term for an additional ten years. Compensation Board AGAINST 1
Protector Forsikring ASA September 8, 2025 Elect Hakon Astrup as Director Director Elections Board AGAINST 1
Public Property Invest ASA May 7, 2026 Approve Remuneration Statement (Advisory Vote) Compensation Board AGAINST 1
Puma Biotechnology, Inc. June 11, 2026 Approve an amendment to extend the expiration date until October 4, 2028 of a warrant held by Alan H. Auerbach, as described in the proxy statement. Capital Structure Board AGAINST 1
Q Technology (Group) Company Limited May 22, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Q Technology (Group) Company Limited May 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Q Technology (Group) Company Limited May 22, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
QinetiQ Group plc July 17, 2025 Re-elect Ross McEwan as Director (WITHDRAWN) Director Elections Board ABSTAIN 1
Quantum Computing Inc. June 24, 2026 Approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement with respect to the Annual Meeting. Say-on-Pay Board AGAINST 1
R&S Group Holding AG May 7, 2026 Reelect Andreas Leutenegger as Director Director Elections Board AGAINST 1
RCM Technologies, Inc. December 18, 2025 Advisory vote to approve the compensation of our named executive officers for 2024. Say-on-Pay Board AGAINST 1
RCM Technologies, Inc. December 18, 2025 Approve our 2025 Omnibus Equity Compensation Plan. Compensation Board AGAINST 1
REC Limited August 27, 2025 Elect Durgesh Nandini as Director Director Elections Board AGAINST 1
REC Limited August 27, 2025 Elect Gambheer Singh as Director Director Elections Board AGAINST 1
REC Limited August 27, 2025 Reelect Shashank Misra as Director Director Elections Board AGAINST 1
RED VIOLET, INC. June 3, 2026 To hold a non-binding advisory vote to approve our named executive officers' compensation; and Say-on-Pay Board AGAINST 1
REGENXBIO INC. May 29, 2026 Advisory vote on the compensation paid to the Company's executive employees. Say-on-Pay Board AGAINST 1
RENTOKIL INITIAL PLC May 7, 2026 TO APPROVE THE DIRECTORS REMUNERATION REPORT Say-on-Pay Board AGAINST 1
REPLIMUNE GROUP INC September 3, 2025 To approve, on a non-binding advisory basis, the compensation of Replimune Group, Inc.'s named executive officers for the fiscal year ended March 31, 2025. Say-on-Pay Board AGAINST 1
REPT BATTERO Energy Co., Ltd. June 26, 2026 Approve Business and Investment Plan Extraordinary Transactions Board AGAINST 1
REPT BATTERO Energy Co., Ltd. June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
REPT BATTERO Energy Co., Ltd. June 26, 2026 Approve Limit on Amounts of Bank Credit Line and Loans Capital Structure Board AGAINST 1
RITHM CAPITAL CORP. May 21, 2026 To approve (on a non-binding advisory basis) the compensation of the named executive officers as described in the accompanying materials. Say-on-Pay Board AGAINST 1
ROCKET PHARMACEUTICALS, INC. May 20, 2026 A non-binding, advisory vote on the compensation of our named executive officers; Say-on-Pay Board AGAINST 1
ROGERS CORPORATION May 6, 2026 To approve, on a non-binding advisory basis, the compensation paid to our named executive officers. Say-on-Pay Board AGAINST 1
RXO, Inc. May 12, 2026 Approval of an Amendment to the RXO, Inc. 2022 Omnibus Incentive Compensation Plan. Compensation Board AGAINST 1
Radware Ltd. December 22, 2025 Approve Compensation of Non-Executive Directors and Related Amendments to Compensation Policy Compensation Board AGAINST 1
Rakuten Bank Ltd. June 24, 2026 Elect Director Mikitani, Hiroshi Director Elections Board AGAINST 1
Rakuten Bank Ltd. June 24, 2026 Elect Director Torin, Tomotaka Director Elections Board AGAINST 1
Ral Yatirim Holding AS April 9, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Ral Yatirim Holding AS April 9, 2026 Elect Directors Director Elections Board AGAINST 1
Recordati SpA April 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Recursion Pharmaceuticals, Inc. June 17, 2026 Advisory vote to approve executive compensation as disclosed in the 2026 Proxy Statement. Say-on-Pay Board AGAINST 1
Recursion Pharmaceuticals, Inc. June 17, 2026 Election of Directors: Franziska Michor, Ph.D. Director Elections Board WITHHOLD 1
Recursion Pharmaceuticals, Inc. June 17, 2026 Election of Directors: Najat Khan, Ph.D. Director Elections Board WITHHOLD 1
RemeGen Co., Ltd. July 31, 2025 Approve Change of Registered Capital, Cancellation of Supervisory Committee and Amend Articles of Association Capital Structure Board AGAINST 1

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Built November 8, 2026 from SEC Form N-PX filings.