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 |
|---|---|---|---|---|---|---|---|
| Thai Beverage Public Company Limited | January 30, 2026 | Approve Reduction in Registered Capital | Capital Structure | Board | AGAINST | 1 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Approve ThaiBev Long Term Incentive Plan 2026 - 2030 | Compensation | Board | AGAINST | 1 | |
| Thai Oil Public Company Limited | April 8, 2026 | Approve EY Office Limited as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Thaifoods Group Public Company Limited | April 8, 2026 | Elect Nattaya Huatsoontorn as Director | Director Elections | Board | AGAINST | 1 | |
| Thaifoods Group Public Company Limited | April 8, 2026 | Elect Puchong Prommachart as Director | Director Elections | Board | AGAINST | 1 | |
| Thaifoods Group Public Company Limited | April 8, 2026 | Elect Siriluck Tangwiboonpanich as Director | Director Elections | Board | AGAINST | 1 | |
| The Bank of New York Mellon Corporation | April 14, 2026 | Advisory resolution to approve the 2025 compensation of our named executive officers. (2) | Say-on-Pay | Board | AGAINST | 1 | |
| The Bidvest Group Ltd. | December 1, 2025 | Approve Endorsement of Hospitality and Travel Expenses Paid on Behalf of Non-Executive Directors | Compensation | Board | AGAINST | 1 | |
| The E.W. Scripps Company | May 4, 2026 | Election of Directors: Kim Williams | Director Elections | Board | WITHHOLD | 1 | |
| The Estee Lauder Companies Inc. | November 13, 2025 | Election of five (5) Class II Directors: Jennifer Tejada | Director Elections | Board | WITHHOLD | 1 | |
| The Estee Lauder Companies Inc. | November 13, 2025 | Election of five (5) Class II Directors: William P. Lauder | Director Elections | Board | WITHHOLD | 1 | |
| The Estee Lauder Companies Inc. | November 13, 2025 | Election of one (1) Class I Director: Eric L. Zinterhofer | Director Elections | Board | WITHHOLD | 1 | |
| The Foschini Group Ltd. | September 4, 2025 | Approve Remuneration Implementation Report | Compensation | Board | AGAINST | 1 | |
| The Goldman Sachs Group, Inc. | April 29, 2026 | Shareholder Proposal Regarding Lobbying Disclosure | Other Social Issues | Shareholder | Against | FOR | 1 |
| The Hong Kong and China Gas Company Limited | June 1, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| The Nippon Signal Co., Ltd. | June 19, 2026 | Elect Director Goto, Ryuichi | Director Elections | Board | AGAINST | 1 | |
| The Nippon Signal Co., Ltd. | June 19, 2026 | Elect Director Tsukamoto, Hidehiko | Director Elections | Board | AGAINST | 1 | |
| The RMR Group Inc. | March 26, 2026 | Election of Directors: Adam Portnoy | Director Elections | Board | WITHHOLD | 1 | |
| The RMR Group Inc. | March 26, 2026 | Election of Directors: Ann Logan | Director Elections | Board | WITHHOLD | 1 | |
| The RMR Group Inc. | March 26, 2026 | Election of Directors: Jonathan Veitch | Director Elections | Board | WITHHOLD | 1 | |
| The RMR Group Inc. | March 26, 2026 | Election of Directors: Rosen Plevneliev | Director Elections | Board | WITHHOLD | 1 | |
| The RMR Group Inc. | March 26, 2026 | Election of Directors: Walter C. Watkins, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| The United Laboratories International Holdings Limited | June 23, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| The United Laboratories International Holdings Limited | June 23, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| The United Laboratories International Holdings Limited | June 23, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Theon International Plc | June 4, 2026 | Approve Executive Directors Remuneration | Compensation | Board | AGAINST | 1 | |
| Theon International Plc | June 4, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Thungela Resources Ltd. | June 5, 2026 | Approve Implementation of the Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Tianneng Power International Limited | June 8, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Tianneng Power International Limited | June 8, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Tianneng Power International Limited | June 8, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Tianqi Lithium Corporation | May 20, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional H Shares | Capital Structure | Board | AGAINST | 1 | |
| Tianqi Lithium Corporation | May 20, 2026 | Approve Provision of Guarantee for the Application to Financial Institutions for Credit Lines by the Company and Its Controlled Subsidiaries and Provision of Cross Guarantee between Controlled Subsidiaries | Capital Structure | Board | AGAINST | 1 | |
| Tinexta SpA | December 17, 2025 | Amend 2023-2025 Performance Shares Plan | Compensation | Board | AGAINST | 1 | |
| Tinexta SpA | December 17, 2025 | Approve Amendment to the Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Tinexta SpA | April 22, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Tohoku Electric Power Co., Inc. | June 25, 2026 | Elect Director and Audit Committee Member Sato, Kazuo | Director Elections | Board | AGAINST | 1 | |
| Token Corp. | July 29, 2025 | Elect Director Soda, Minoru | Director Elections | Board | AGAINST | 1 | |
| Token Corp. | July 29, 2025 | Elect Director Soda, Yoshitake | Director Elections | Board | AGAINST | 1 | |
| Tokio Marine Holdings, Inc. | June 29, 2026 | Elect Director Koike, Masahiro | Director Elections | Board | AGAINST | 1 | |
| Tokio Marine Holdings, Inc. | June 29, 2026 | Elect Director Komiya, Satoru | Director Elections | Board | AGAINST | 1 | |
| Tokio Marine Holdings, Inc. | June 29, 2026 | Elect Director and Audit Committee Member Shindo, Kosei | Director Elections | Board | AGAINST | 1 | |
| Tokyo Electric Power Co. Holdings, Inc. | June 25, 2026 | Elect Director Kobayakawa, Tomoaki | Director Elections | Board | AGAINST | 1 | |
| Tokyo Electric Power Co. Holdings, Inc. | June 25, 2026 | Elect Director Yoshino, Shigehiro | Director Elections | Board | AGAINST | 1 | |
| Topsports International Holdings Limited | July 18, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Topsports International Holdings Limited | July 18, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Toray Industries, Inc. | June 24, 2026 | Elect Director Nikkaku, Akihiro | Director Elections | Board | AGAINST | 1 | |
| Toray Industries, Inc. | June 24, 2026 | Elect Director Oya, Mitsuo | Director Elections | Board | AGAINST | 1 | |
| Torunlar Gayrimenkul Yatirim Ortakligi AS | May 15, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Towa Pharmaceutical Co., Ltd. | June 24, 2026 | Elect Director and Audit Committee Member Taniguchi, Muneya | Director Elections | Board | AGAINST | 1 | |
| Towngas Smart Energy Company Limited | May 27, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Towngas Smart Energy Company Limited | May 27, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Towngas Smart Energy Company Limited | May 27, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Toyo Tanso Co., Ltd. | March 27, 2026 | Appoint Alternate Statutory Auditor Takahashi, Masaru | Compensation | Board | AGAINST | 1 | |
| Transmissora Alianca de Energia Eletrica SA | July 30, 2025 | Elect Marco da Camino Ancona Lopez Soligo as Director | Director Elections | Board | AGAINST | 1 | |
| Transmissora Alianca de Energia Eletrica SA | December 15, 2025 | Elect Antonio Roquim Neto as Director | Director Elections | Board | AGAINST | 1 | |
| Tsukishima Holdings Co., Ltd. | June 24, 2026 | Elect Director Kawasaki, Jun | Director Elections | Board | AGAINST | 1 | |
| Turk Traktor ve Ziraat Makineleri AS | March 9, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Turk Traktor ve Ziraat Makineleri AS | March 9, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| Turk Traktor ve Ziraat Makineleri AS | March 9, 2026 | Ratify Director Appointments | Director Elections | Board | AGAINST | 1 | |
| Turkiye Sinai Kalkinma Bankasi AS | March 26, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Turkiye Sinai Kalkinma Bankasi AS | March 26, 2026 | Ratify Director Appointments | Director Elections | Board | AGAINST | 1 | |
| Twist Bioscience Corporation | February 5, 2026 | Election of Class II Directors: Jan Johannessen | Director Elections | Board | WITHHOLD | 1 | |
| Twist Bioscience Corporation | February 5, 2026 | Election of Class II Directors: Keith Crandell | Director Elections | Board | WITHHOLD | 1 | |
| UBTECH Robotics Corp. Ltd. | May 7, 2026 | Approve Grant of General Mandate to the Board to Issue Shares | Capital Structure | Board | AGAINST | 1 | |
| UBTECH Robotics Corp. Ltd. | May 7, 2026 | Approve PricewaterhouseCoopers Zhong Tian LLP as External Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| UNIFIRST CORPORATION | December 15, 2025 | Nominee RECOMMENDED by the Board: Joseph M. Nowicki | Director Elections | Board | WITHHOLD | 1 | |
| UNIFIRST CORPORATION | December 15, 2025 | Nominee RECOMMENDED by the Board: Steven S. Sintros | Director Elections | Board | WITHHOLD | 1 | |
| UROGEN PHARMA LTD | August 26, 2025 | To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the Company's proxy statement for the Annual Meeting. | Say-on-Pay | Board | AGAINST | 1 | |
| UROGEN PHARMA LTD | June 22, 2026 | To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the Company's proxy statement for the Annual Meeting. | Say-on-Pay | Board | AGAINST | 1 | |
| UWM HOLDINGS CORPORATION | June 3, 2026 | To approve, on an advisory basis, the compensation of our named executive officers | Say-on-Pay | Board | AGAINST | 1 | |
| UWM Holdings Corporation | June 3, 2026 | Election of Directors: Isiah Thomas | Director Elections | Board | WITHHOLD | 1 | |
| UWM Holdings Corporation | June 3, 2026 | Election of Directors: Jeffrey A. Ishbia | Director Elections | Board | WITHHOLD | 1 | |
| UWM Holdings Corporation | June 3, 2026 | Election of Directors: Laura Lawson | Director Elections | Board | WITHHOLD | 1 | |
| UWM Holdings Corporation | June 3, 2026 | Election of Directors: Stacey Coopes | Director Elections | Board | WITHHOLD | 1 | |
| Ubisoft Entertainment SA | July 10, 2025 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 1 Million | Capital Structure | Board | AGAINST | 1 | |
| Ubisoft Entertainment SA | July 10, 2025 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Million | Capital Structure | Board | AGAINST | 1 | |
| Ubisoft Entertainment SA | July 10, 2025 | Elect Axelle Lemaire as Director | Director Elections | Board | AGAINST | 1 | |
| Ubisoft Entertainment SA | July 10, 2025 | Reelect Christian Guillemot as Director | Director Elections | Board | AGAINST | 1 | |
| Ubisoft Entertainment SA | July 10, 2025 | Reelect Michel Guillemot as Director | Director Elections | Board | AGAINST | 1 | |
| Uchida Yoko Co., Ltd. | October 11, 2025 | Appoint Statutory Auditor Yamada, Akio | Compensation | Board | AGAINST | 1 | |
| Uchida Yoko Co., Ltd. | October 11, 2025 | Elect Director Okubo, Noboru | Director Elections | Board | AGAINST | 1 | |
| Ulker Biskuvi Sanayi AS | June 8, 2026 | Amend Articles 7: Capital Related | Capital Structure | Board | AGAINST | 1 | |
| Ultragenyx Pharmaceutical Inc. | May 14, 2026 | Approval of the Third Amended and Restated 2023 Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Under Armour, Inc. | September 3, 2025 | Election of Directors: Carolyn N. Everson | Director Elections | Board | WITHHOLD | 1 | |
| Under Armour, Inc. | September 3, 2025 | Election of Directors: Eric T. Olson | Director Elections | Board | WITHHOLD | 1 | |
| Under Armour, Inc. | September 3, 2025 | Election of Directors: Jerri L. DeVard | Director Elections | Board | WITHHOLD | 1 | |
| Under Armour, Inc. | September 3, 2025 | Election of Directors: Kevin A. Plank | Director Elections | Board | WITHHOLD | 1 | |
| United Energy Group Limited | June 5, 2026 | Adopt Share Incentive Scheme | Compensation | Board | AGAINST | 1 | |
| United Energy Group Limited | June 5, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| United Energy Group Limited | June 5, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| United Natural Foods, Inc. | December 16, 2025 | The approval of the Fifth Amended and Restated 2020 Equity Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| United Therapeutics Corporation | June 26, 2026 | Approval of the United Therapeutics Corporation 2026 Stock Incentive Plan. (2) | Compensation | Board | AGAINST | 1 | |
| Universal Display Corporation | June 18, 2026 | Advisory resolution to approve the compensation of the Company's named executive officers. (2) | Say-on-Pay | Board | AGAINST | 1 | |
| VERASTEM, INC. | May 21, 2026 | To approve an advisory vote on the compensation of the named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| VOYAGER THERAPEUTICS, INC. | June 9, 2026 | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Vault Minerals Limited | November 14, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Vault Minerals Limited | November 14, 2025 | Elect Peter Johnston as Director | Director Elections | Board | AGAINST | 1 | |
| Vedanta Limited | July 10, 2025 | Approve Reappointment and Remuneration of Arun Misra as Executive Director | Compensation | Board | AGAINST | 1 | |
| Vedanta Limited | July 10, 2025 | Reelect Priya Agarwal Hebbar as Director | Director Elections | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.