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Goldman Sachs 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Goldman Sachs voted AGAINST or withheld on, and a shareholder proposal it voted FOR. 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

6,000 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.

Goldman Sachs, 2025-2026 proxy season. Who put a proposal on the ballot is taken from its N-PX category; see the method note on the overview page.
CompanyMeetingProposalCategory On the ballot fromGoldman Sachs votedFunds
Dynatrace, Inc. 2025-08-20 Election of Class II Directors: Amol Kulkarni Director Elections Board AGAINST 19
Guardant Health, Inc. 2026-06-17 Election of Class II Directors: Ian Clark Director Elections Board ABSTAIN 18
Guardant Health, Inc. 2026-06-17 Election of Class II Directors: Manuel Hidalgo Medina Director Elections Board ABSTAIN 17
Marsh & McLennan Companies, Inc. 2026-05-21 Advisory (Nonbinding) Vote to Approve Named Executive Officer Compensation Say-on-Pay Board AGAINST 17
Microchip Technology Incorporated 2025-08-19 Proposal to approve, on an advisory (non-binding) basis, the compensation of our named executives. Say-on-Pay Board AGAINST 16
NextEra Energy, Inc. 2026-05-21 Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement. Say-on-Pay Board AGAINST 16
Cloudflare, Inc. 2026-06-30 Approval and adoption of amendments to implement a stock split in which (i) each share of Class A common stock would become one share of Class A common stock and one share of Class C common stock; and (ii) each share of Class B common stock would become one share of Class B common stock and one share of Class C common stock. Capital Structure Board AGAINST 15
Cloudflare, Inc. 2026-06-30 Approval and adoption of amendments to increase the number of authorized shares of Class A common stock from 2,250,000,000 to 4,500,000,000. Capital Structure Board AGAINST 15
Cloudflare, Inc. 2026-06-30 Approval and adoption of amendments to provide for the equal treatment of shares of Class A common stock, Class B common stock, and Class C common stock in connection with dividends and distributions, certain transactions, and upon our liquidation, dissolution, or winding up. Capital Structure Board AGAINST 15
Cloudflare, Inc. 2026-06-30 Approval and adoption of an amendment and restatement of our amended and restated certificate of incorporation: Approval and adoption of amendments to establish the Class C common stock. Capital Structure Board AGAINST 15
Cloudflare, Inc. 2026-06-30 Approval of the amendment and restatement of our 2019 Equity Incentive Plan. Compensation Board AGAINST 15
Cloudflare, Inc. 2026-06-30 Approval of the amendment and restatement of our Amended and Restated 2019 Employee Stock Purchase Plan. Compensation Board AGAINST 15
Spotify Technology SA 2026-04-15 Approve Remuneration of Directors Compensation Board AGAINST 15
Arch Capital Group Ltd. 2026-05-05 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 13
CMS Energy Corporation 2026-05-08 Approve, on an advisory basis, the Company's executive compensation. Say-on-Pay Board AGAINST 13
HubSpot, Inc. 2026-06-15 Non-binding advisory vote to approve the compensation of the Company's named executive officers; Say-on-Pay Board AGAINST 12
PG&E Corporation 2026-05-21 Advisory Vote to Approve Executive Compensation Say-on-Pay Board AGAINST 12
Snowflake Inc. 2025-07-02 Election of Class II Directors for terms expiring in 2028: Kelly A. Kramer Director Elections Board ABSTAIN 12
Snowflake Inc. 2025-07-02 Election of Class II Directors for terms expiring in 2028: Michael L. Speiser Director Elections Board ABSTAIN 12
SouthState Bank Corporation 2026-04-15 Approval, as an advisory, non-binding "say on pay" resolution, of our executive compensation; Say-on-Pay Board AGAINST 12
Cheniere Energy, Inc. 2026-05-14 Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2025. Say-on-Pay Board AGAINST 11
U.S. Bancorp 2026-04-21 An advisory vote to approve the compensation of our executives disclosed in the proxy statement. Say-on-Pay Board AGAINST 11
Ulta Beauty, Inc. 2026-06-09 Advisory resolution to approve the Company's executive compensation. Say-on-Pay Board AGAINST 11
APA CORPORATION 2026-05-21 Advisory vote to approve the compensation of APA's named executive officers Say-on-Pay Board AGAINST 10
Affirm Holdings, Inc. 2025-12-15 To elect the three Class II nominees for director named in the accompanying proxy statement to hold office until the 2028 Annual Meeting and until their successors have been duly elected and qualified or until such director's earlier death, resignation or removal: Richard Galanti Director Elections Board AGAINST 10
American Financial Group, Inc. 2026-05-20 Advisory vote on compensation of named executive officers. Say-on-Pay Board AGAINST 10
Atlassian Corporation 2025-12-02 Approval of an amendment and restatement to our 2015 Employee Share Purchase Plan. Compensation Board AGAINST 10
Atlassian Corporation 2025-12-02 Approval of an amendment and restatement to our 2015 Share Incentive Plan. Compensation Board AGAINST 10
Atlassian Corporation 2025-12-02 Election of Directors: Richard P. Wong Director Elections Board AGAINST 10
Atlassian Corporation 2025-12-02 Election of Directors: Shona L. Brown Director Elections Board AGAINST 10
Constellium SE 2026-05-21 Advisory (non-binding) vote to hold an advisory (non-binding vote) on the compensation of the Company's named executive officers every year Say-on-Pay Board AGAINST 10
Fluor Corporation 2026-05-06 An advisory vote to approve the company's executive compensation. Say-on-Pay Board AGAINST 10
Realty Income Corporation 2026-05-21 A non-binding advisory proposal to approve the compensation of our named executive officers as described in the Proxy Statement. Say-on-Pay Board AGAINST 10
Samsara Inc. 2025-07-29 Election of Directors: Ann Livermore Director Elections Board ABSTAIN 10
Samsara Inc. 2025-07-29 Election of Directors: Sue Wagner Director Elections Board ABSTAIN 10
Samsara Inc. 2025-07-29 Election of Directors: Todd Bluedorn Director Elections Board ABSTAIN 10
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Amend Articles to Introduce Provision concerning Share Repurchase Policy Capital Structure Board AGAINST 10
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Elect Director Nakashima, Toru Director Elections Board AGAINST 10
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Elect Director Takashima, Makoto Director Elections Board AGAINST 10
Take-Two Interactive Software, Inc. 2025-09-18 Approval of an amendment and restatement of the Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. Compensation Board AGAINST 10
Century Communities, Inc. 2026-05-06 To approve, on an advisory basis, our executive compensation. Say-on-Pay Board AGAINST 9
DraftKings Inc. 2026-05-12 Election of Directors: Gregory W. Wendt Director Elections Board ABSTAIN 9
DraftKings Inc. 2026-05-12 Election of Directors: Marni M. Walden Director Elections Board ABSTAIN 9
DraftKings Inc. 2026-05-12 Election of Directors: Valerie Mosley Director Elections Board ABSTAIN 9
DraftKings Inc. 2026-05-12 Election of Directors: Woodrow H. Levin Director Elections Board ABSTAIN 9
First Merchants Corporation 2026-05-19 Proposal to approve, on an advisory basis, the compensation of First Merchants Corporation's named executive officers. Say-on-Pay Board AGAINST 9
Fox Corporation 2025-11-14 Improve Executive Compensation Program. Compensation Board AGAINST 9
Fox Corporation 2025-11-14 Proposal to elect 7 directors: Paul D. Ryan Director Elections Board AGAINST 9
Fox Corporation 2025-11-14 Proposal to elect 7 directors: Roland A. Hernandez Director Elections Board AGAINST 9
Fox Corporation 2025-11-14 Proposal to elect 7 directors: Tony Abbott AC Director Elections Board AGAINST 9
Fox Corporation 2025-11-14 Proposal to elect 7 directors: William A. Burck Director Elections Board AGAINST 9
Freeport-McMoRan Inc. 2026-06-10 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 9
Glacier Bancorp, Inc. 2026-04-29 To vote on an advisory (non-binding) resolution to approve the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 9
Global Payments Inc. 2026-04-30 Approval, on an advisory basis, of the compensation of the company's named executive officers for 2025. Say-on-Pay Board AGAINST 9
Globus Medical, Inc. 2026-06-03 Approval of an amendment to the Globus Medical, Inc. 2021 Equity Incentive Plan to increase the number of authorized shares thereunder by 1,000,000. Compensation Board AGAINST 9
Las Vegas Sands Corp. 2026-05-14 ELECTION OF DIRECTORS: Alain Li Director Elections Board ABSTAIN 9
Las Vegas Sands Corp. 2026-05-14 ELECTION OF DIRECTORS: Micheline Chau Director Elections Board ABSTAIN 9
Northrop Grumman Corporation 2026-05-20 Proposal to approve, on an advisory basis, the compensation of the Company's Named Executive Officers. Say-on-Pay Board AGAINST 9
Primoris Services Corporation 2026-04-30 To approve, in an advisory, non-binding vote, the Company's named executive officer compensation; Say-on-Pay Board AGAINST 9
The Hershey Company 2026-05-05 Approve named executive officer compensation on a non-binding advisory basis. Say-on-Pay Board AGAINST 9
The Trade Desk, Inc. 2025-09-16 The approval of the amendment and restatement of the articles of incorporation of The Trade Desk, Inc. to change the date all of the shares of Class B common stock will automatically convert into Class A common stock and to waive jury trials for internal actions in conformity with recent Nevada law updates. Capital Structure Board AGAINST 9
UMB Financial Corporation 2026-04-28 An advisory vote (non-binding) on the compensation paid to UMB's named executive officers. Say-on-Pay Board AGAINST 9
WH Group Limited 2026-05-08 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 9
WH Group Limited 2026-05-08 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 9
AXA SA 2026-04-30 Reelect Gerald Harlin as Director Director Elections Board AGAINST 8
AXA SA 2026-04-30 Reelect Rachel Picard as Director Director Elections Board AGAINST 8
BGC Group, Inc. 2025-11-12 Election of Directors: Arthur U. Mbanefo Director Elections Board ABSTAIN 8
BGC Group, Inc. 2025-11-12 Election of Directors: David P. Richards Director Elections Board ABSTAIN 8
BGC Group, Inc. 2025-11-12 Election of Directors: Linda A. Bell Director Elections Board ABSTAIN 8
BGC Group, Inc. 2025-11-12 Election of Directors: William D. Addas Director Elections Board ABSTAIN 8
Bio-Techne Corporation 2025-10-30 Approve, on an advisory basis, the compensation of our executive officers. Say-on-Pay Board AGAINST 8
C3.ai, Inc. 2025-10-03 Advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board AGAINST 8
Carpenter Technology Corporation 2025-10-07 Elect three directors of the corporation to serve for a term of three years and until their successors shall have been elected and qualified: Nomination for three-year term, expiring in 2028: Dr. Viola L. Acoff Director Elections Board ABSTAIN 8
Enel SpA 2026-05-12 Slate Submitted by Ministry of Economy and Finance Director Elections Board AGAINST 8
FIGS, Inc. 2026-06-03 Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 8
First Financial Bankshares, Inc. 2026-04-28 To conduct an advisory, non-binding vote on the compensation of named executive officers Say-on-Pay Board AGAINST 8
HSBC Holdings Plc 2026-05-08 To Instruct the HSBC Board of Directors Establish and Publish an Annual Independent Review of the Practice Known as State Deduction Compensation Board AGAINST 8
HSBC Holdings Plc 2026-05-08 To Instruct the HSBC Board of Directors to Ensure that the Occupational Pensions of Former Employees of Midland Bank plc, and their Dependants, are Administered in a Manner Consistent with the Company's Stated ESG and Equality Commitments Compensation Board AGAINST 8
Knorr-Bremse AG 2026-04-30 Approve Remuneration Report Compensation Board AGAINST 8
Leonardo SpA 2026-05-07 Slate 1 Submitted by Ministry of Economy and Finance Director Elections Board AGAINST 8
MaxLinear, Inc. 2026-05-20 To approve an amendment and restatement of the MaxLinear, Inc. Amended and Restated 2010 Equity Incentive Plan, including approval of a new ten-year term and an increase in the number of shares reserved thereunder by 3,204,107. Compensation Board AGAINST 8
NIKE, Inc. 2025-09-09 Class B director nominees: To elect a Board of Directors for the ensuing year: John Rogers, Jr. Director Elections Board ABSTAIN 8
Nu Holdings Ltd. 2025-09-08 Elect David Velez Osorno, Anita Mary Sands, David Alexandre Marcus, Douglas Mauro Leone, Jacqueline Dawn Reses, Luis Alberto Moreno Mejia, Roberto de Oliveira Campos Neto, Rogerio Paulo Calderon Peres and Thuan Quang Pham as Directors Director Elections Board AGAINST 8
Peloton Interactive, Inc. 2025-12-09 Election of Directors: Chris Bruzzo Director Elections Board ABSTAIN 8
Safety Insurance Group, Inc. 2026-05-13 Advisory Vote on Executive Compensation. Say-on-Pay Board AGAINST 8
Sompo Holdings, Inc. 2026-06-22 Elect Director Okumura, Mikio Director Elections Board AGAINST 8
Sumitomo Electric Industries Ltd. 2026-06-26 Elect Director Inoue, Osamu Director Elections Board AGAINST 8
Sumitomo Electric Industries Ltd. 2026-06-26 Elect Director Matsumoto, Masayoshi Director Elections Board AGAINST 8
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Elect Director Kadonaga, Sonosuke Director Elections Board AGAINST 8
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Elect Director Sawada, Jun Director Elections Board AGAINST 8
Sumitomo Mitsui Financial Group, Inc. 2026-06-26 Elect Director Takashima, Norimitsu Director Elections Board AGAINST 8
Super Micro Computer, Inc. 2026-04-15 To elect three Class I directors to hold office until the Annual Meeting of Stockholders following fiscal year 2028 or until the successors are duly elected and qualified: Charles Liang Director Elections Board ABSTAIN 8
TVS Motor Company Limited 2026-01-22 Elect Kalpana Unadkat as Director Director Elections Board AGAINST 8
Telefonaktiebolaget LM Ericsson 2026-03-31 Approve Remuneration of Directors in the Amount of SEK 5.2 Million for Chair and SEK 1.4 Million for Other Directors; Approve Remuneration for Committee Work Compensation Board AGAINST 8
Telephone and Data Systems, Inc. 2026-05-21 Advisory vote to approve executive compensation Say-on-Pay Board AGAINST 8
The Estee Lauder Companies Inc. 2025-11-13 Advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 8
United Community Banks, Inc. 2026-05-13 To approve, on an advisory basis, the compensation of our Named Executive Officers. Say-on-Pay Board AGAINST 8
Willis Towers Watson Public Limited Company 2026-05-20 Approve, on an advisory basis, the named executive officer compensation. Say-on-Pay Board AGAINST 8
e.l.f. Beauty, Inc. 2025-08-21 Election of Directors: Lori Keith Director Elections Board ABSTAIN 8
Alibaba Group Holding Limited 2025-09-25 Approve PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as U.S. and Hong Kong Auditors, Respectively, and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 7

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Built 2026-10-04 from SEC Form N-PX filings.