Home › Asset managers › Lincoln Financial › 2025-2026 › Against the board
At least 6,069 proposals in the 2025-2026 proxy season: Lincoln Financial voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 69 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Lincoln Financial 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
6,069 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Lincoln Financial voted | Funds |
|---|---|---|---|---|---|---|---|
| AB&Company Co., Ltd. | January 29, 2026 | Elect Director Ichinose, Kazuhiro | Director Elections | Board | AGAINST | 1 | |
| ABC arbitrage SA | June 5, 2026 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 150,000 | Capital Structure | Board | AGAINST | 1 | |
| ABC arbitrage SA | June 5, 2026 | Approve Remuneration Policy of Dominique Ceolin, Chairman and CEO | Compensation | Board | AGAINST | 1 | |
| ABC arbitrage SA | June 5, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| ABC arbitrage SA | June 5, 2026 | Authorize up to 15 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 1 | |
| ABC arbitrage SA | June 5, 2026 | Authorize up to 5 Million Shares for Use in Stock Option Plans | Compensation | Board | AGAINST | 1 | |
| ABC arbitrage SA | June 5, 2026 | Elect DERNHAM SAS as Director | Director Elections | Board | AGAINST | 1 | |
| ABC-MART, INC. | May 26, 2026 | Elect Director Hattori, Kiichiro | Director Elections | Board | AGAINST | 1 | |
| ABC-MART, INC. | May 26, 2026 | Elect Director Noguchi, Minoru | Director Elections | Board | AGAINST | 1 | |
| ABG Sundal Collier Holding ASA | April 16, 2026 | Approve Creation of NOK 24.3 Million Pool of Capital without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| ABG Sundal Collier Holding ASA | April 16, 2026 | Approve Remuneration Statement | Compensation | Board | AGAINST | 1 | |
| ABG Sundal Collier Holding ASA | April 16, 2026 | Fix Maximum Variable Compensation Ratio | Compensation | Board | AGAINST | 1 | |
| ABU DHABI COMMERCIAL BANK PJSC | March 3, 2026 | Appoint or Reappoint Auditors and Fix Their Remuneration for FY 2026 | Audit-related | Board | ABSTAIN | 1 | |
| ACCO Brands Corporation | May 19, 2026 | Approval of an amendment to the 2022 ACCO Brands Corporation Incentive Plan to increase the number of shares available for future grant and eliminate fungible share counting provisions with respect to new awards. | Compensation | Board | AGAINST | 1 | |
| ACM Research, Inc. | June 10, 2026 | Election of Directors: Haiping Dun | Director Elections | Board | WITHHOLD | 1 | |
| ACS, Actividades de Construccion y Servicios SA | May 7, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 1 | |
| ACS, Actividades de Construccion y Servicios SA | May 7, 2026 | Reelect Maria Jose Garcia Beato as Director | Director Elections | Board | AGAINST | 1 | |
| ACWA Power Co. | May 17, 2026 | Ratify Appointment of Sultan bin Khalid Al Saoud as Independent Director | Director Elections | Board | AGAINST | 1 | |
| ACWA Power Co. | May 17, 2026 | Ratify Appointment of Yazeed Al Humayid as Non-Executive Director | Director Elections | Board | AGAINST | 1 | |
| ADC Therapeutics SA | June 1, 2026 | Approving amendments to articles 4a, 4b and 4c of the articles of association to increase the Company's capital range (article 4a), conditional share capital for employee participation (article 4b) and conditional share capital for financing, acquisitions and other purposes (article 4c) as well as the introduction of article 4d regarding a conditional share capital based on the capital range. The Board of Directors proposes that the amendments to article 4a paragraph 1 of the articles of association to increase the Company's capital range from CHF 8,375,974.48 (lower limit) and CHF 12,354,128.80 (upper limit) to CHF 10,378,109.12 (lower limit) and CHF 15,567,163.68 (upper limit) be approved. | Capital Structure | Board | AGAINST | 1 | |
| ADC Therapeutics SA | June 1, 2026 | Approving an amendment to increase the number of shares authorized under the 2019 Equity Incentive Plan The Board of Directors proposes that an amendment to increase the number of shares authorized under 2019 Equity Incentive Plan be approved. | Compensation | Board | AGAINST | 1 | |
| ADC Therapeutics SA | June 1, 2026 | Approving, on a binding basis under Swiss law, the compensation of the Board of Directors and the Executive Committee The Board of Directors proposes that the maximum aggregate amount of compensation for the members of the Board of Directors for the period between the Annual Meeting and the 2027 annual general meeting of Shareholders be set at $2,500,000. | Compensation | Board | AGAINST | 1 | |
| ADC Therapeutics SA | June 1, 2026 | The Board of Directors proposes that a new article 4d be introduced in the articles of association regarding a conditional share capital based on the capital range, and that article 4a be amended accordingly, to provide for the issuance of up to 64,863,182 common shares (CHF 5,189,054.56). | Capital Structure | Board | AGAINST | 1 | |
| ADC Therapeutics SA | June 1, 2026 | The Board of Directors proposes that the amendments to article 4b paragraph 1 of the articles of association to increase the Company's conditional share capital for employee participation from 9,887,629 common shares (CHF 791,010.32) to 16,836,253 common shares (CHF 1,346,900.24) be approved. | Capital Structure | Board | AGAINST | 1 | |
| ADC Therapeutics SA | June 1, 2026 | The Board of Directors proposes that the amendments to article 4c paragraph 1 of the articles of association to increase the Company's conditional share capital for financing, acquisitions and other purposes from 38,026,929 common shares (CHF 3,042,154.32) to 48,026,929 common shares (CHF 3,842,154.32) be approved. | Capital Structure | Board | AGAINST | 1 | |
| ADEIA INC. | May 7, 2026 | To approve an amendment to the Amended and Restated 2020 Equity Incentive Plan to increase the number of shares reserved for issuance by an additional 10,700,000 shares of common stock. | Compensation | Board | AGAINST | 1 | |
| ADNOC Gas Plc | April 6, 2026 | Approve Remuneration of Directors for FY 2025 | Compensation | Board | AGAINST | 1 | |
| ADNOC Gas Plc | April 6, 2026 | Elect Seven Members to the Board of Directors of the Company for a New Term of Three Years | Director Elections | Board | AGAINST | 1 | |
| ADNOC Logistics & Services Plc | March 24, 2026 | Approve Remuneration of Directors for FY 2025 | Compensation | Board | AGAINST | 1 | |
| ADNOC Logistics & Services Plc | March 24, 2026 | Elect Seven Members to the Board of Directors of the Company for a New Term of Three Years | Director Elections | Board | AGAINST | 1 | |
| ADT Inc. | May 27, 2026 | Elect Director Danielle Tiedt | Director Elections | Board | WITHHOLD | 1 | |
| ADTRAN Holdings, Inc. | July 24, 2025 | Election of Directors: Jacqueline H. Rice | Director Elections | Board | AGAINST | 1 | |
| AECOM | March 3, 2026 | Election of Directors: Bradley W. Buss | Director Elections | Board | AGAINST | 1 | |
| AEDAS Homes SA | July 3, 2025 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 1 | |
| AEDAS Homes SA | July 3, 2025 | Reelect Milagros Mendez Urena as Director | Director Elections | Board | AGAINST | 1 | |
| AEDIFICA SA | May 12, 2026 | Elect Xavier de Walque as Independent Director | Director Elections | Board | AGAINST | 1 | |
| AEM Holdings Ltd. | April 28, 2026 | Approve Grant of Awards and Issuance of Shares Under AEM Performance Share Plan 2017 | Compensation | Board | AGAINST | 1 | |
| AEM Holdings Ltd. | April 28, 2026 | Approve Grant of Awards and Issuance of Shares Under AEM Restricted Share Plan 2024 | Compensation | Board | AGAINST | 1 | |
| AEON Co., Ltd. | May 27, 2026 | Elect Director Okada, Motoya | Director Elections | Board | AGAINST | 1 | |
| AEON Fantasy Co., Ltd. | May 21, 2026 | Elect Director Fujiwara, Nobuyuki | Director Elections | Board | AGAINST | 1 | |
| AEON Fantasy Co., Ltd. | May 21, 2026 | Elect Director Fujiwara, Tokuya | Director Elections | Board | AGAINST | 1 | |
| AEON Hokkaido Corp. | May 21, 2026 | Elect Director Kotera, Hiroyuki | Director Elections | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Approve Remuneration Statement (Advisory Vote) | Compensation | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Approve Stock Option Program for Key Employees | Compensation | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Elect Directors (Vote for All Candidates) | Director Elections | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Reelect Erik T. Veiby as Director | Director Elections | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Reelect Kristian Holth as Director | Director Elections | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Reelect Marianne G. Ebbesen as Director | Director Elections | Board | AGAINST | 1 | |
| AF Gruppen ASA | May 13, 2026 | Reelect Morten Grongstad (Chair) as Director | Director Elections | Board | AGAINST | 1 | |
| AFCON Holdings Ltd. | July 10, 2025 | Reappoint Kost Forer Gabbay & Kasierer (EY) as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| AFCON Holdings Ltd. | July 10, 2025 | Reelect Yehezkel Dovrat as Director | Director Elections | Board | AGAINST | 1 | |
| AFCON Holdings Ltd. | April 28, 2026 | Reappoint Kost Forer Gabbay & Kasierer (EY) as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| AFCON Holdings Ltd. | April 28, 2026 | Reelect Yehezkel Dovrat as Director | Director Elections | Board | AGAINST | 1 | |
| AFI Properties Ltd. | March 3, 2026 | Reappoint Kost Forer Gabbay and Kasierer (EY) as Auditors and Report Fees Paid to Auditors | Audit-related | Board | AGAINST | 1 | |
| AGC, Inc. (Japan) | March 27, 2026 | Elect Director and Audit Committee Member Araki, Naoko | Director Elections | Board | AGAINST | 1 | |
| AGCO CORPORATION | April 23, 2026 | Non-binding advisory resolution to approve the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| AGREE REALTY CORPORATION | May 14, 2026 | DIRECTOR Jerome Rossi | Director Elections | Board | WITHHOLD | 1 | |
| AGREE REALTY CORPORATION | May 14, 2026 | To approve, by non-binding vote, executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| AKWEL SA | September 30, 2025 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| AKWEL SA | September 30, 2025 | Reelect André Coutier as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| AKWEL SA | September 30, 2025 | Reelect COUTIER DEVELOPPEMENT as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| AKWEL SA | September 30, 2025 | Reelect Emilie Coutier as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| AKWEL SA | September 30, 2025 | Reelect Nicolas Job as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| AKWEL SA | May 21, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| AL RAJHI BANK | April 20, 2026 | Ratify Auditors and Fix Their Remuneration to Review and Audit Q2, Q3 and Annual Statements of FY 2026 and Q1 of FY 2027 | Audit-related | Board | ABSTAIN | 1 | |
| ALBIS Co., Ltd. | June 19, 2026 | Appoint Statutory Auditor Hio, Asako | Compensation | Board | AGAINST | 1 | |
| ALBIS Co., Ltd. | June 19, 2026 | Elect Director Ikeda, Kazuo | Director Elections | Board | AGAINST | 1 | |
| ALDAR PROPERTIES PJSC | April 2, 2026 | Appoint Auditors and Fix Their Remuneration for FY 2026 | Audit-related | Board | ABSTAIN | 1 | |
| ALIGN TECHNOLOGY, INC. | May 20, 2026 | Advisory Vote to Approve the Compensation of our Named Executive Officers | Say-on-Pay | Board | AGAINST | 1 | |
| ALIGN TECHNOLOGY, INC. | May 20, 2026 | Election of Director: Kevin T. Conroy | Director Elections | Board | AGAINST | 1 | |
| ALLY FINANCIAL INC. | May 6, 2026 | Approval of the Ally Financial Inc. Incentive Compensation Omnibus Plan. | Compensation | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Approve Creation of Capital Band within the Upper Limit of CHF 15.3 Million and the Lower Limit of CHF 12.8 Million with or without Exclusion of Preemptive Rights; Amend Articles Re: Conditional Capital | Capital Structure | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Approve Fixed Remuneration of Executive Committee in the Amount of EUR 3.5 Million | Compensation | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Approve Remuneration Report (Non-Binding) | Compensation | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Approve Remuneration of Directors in the Amount of CHF 5 Million | Compensation | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Approve Variable Remuneration of Executive Committee in the Amount of EUR 3.5 Million | Compensation | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reappoint Frank Tanski as Member of the Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reappoint Peter Athanas as Member of the Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reappoint Walter Droege as Member of the Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reelect Ernest-W. Droege as Director | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reelect Frank Tanski as Director | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reelect Gustavo Moeller-Hergt as Board Chair | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reelect Gustavo Moeller-Hergt as Director | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reelect Peter Athanas as Director | Director Elections | Board | AGAINST | 1 | |
| ALSO Holding AG | March 18, 2026 | Reelect Walter Droege as Director | Director Elections | Board | AGAINST | 1 | |
| AMA Group Ltd. | November 3, 2025 | Approve Grant of Performance Rights to Ray Smith-Roberts | Compensation | Board | AGAINST | 1 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Advisory Vote to Ratify Named Executive Officers' Compensation | Say-on-Pay | Board | AGAINST | 1 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Elect Director Adam J. Sussman | Director Elections | Board | WITHHOLD | 1 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Elect Director Anthony J. Saich | Director Elections | Board | WITHHOLD | 1 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Elect Director Gary F. Locke | Director Elections | Board | WITHHOLD | 1 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Elect Director Howard W. "Hawk" Koch, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Elect Director Philip Lader | Director Elections | Board | WITHHOLD | 1 | |
| AMC Global Media Inc. | June 16, 2026 | Vote on Proposal to Approve the Company's Amended and Restated 2011 Stock Plan for Non-Employee Directors | Compensation | Board | AGAINST | 1 | |
| AMERICA MOVIL SAB DE CV | April 23, 2026 | AMEND ARTICLE 6 TO REFLECT CHANGES IN CAPITAL IN PREVIOUS ITEM 1 | Capital Structure | Board | AGAINST | 1 | |
| AMERICAN FINANCIAL GROUP, INC. | May 20, 2026 | DIRECTOR William W. Verity | Director Elections | Board | WITHHOLD | 1 | |
| AMETEK, Inc. | May 7, 2026 | Election of Directors for a term of three years: Gretchen W. McClain | Director Elections | Board | AGAINST | 1 | |
| AMICUS THERAPEUTICS, INC. | March 3, 2026 | To approve, on a non-binding, advisory basis, the payment of certain compensation that may be paid or become payable to Amicus' named executive officers that is based on or otherwise relates to the Merger. | Say-on-Pay | Board | AGAINST | 1 | |
| AMNEAL PHARMACEUTICALS, INC. | May 6, 2026 | Advisory vote to approve executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| AMREP Corporation | September 11, 2025 | Election of one (1) director in Class II to hold office until the 2028 annual meeting of shareholders and until his successor is elected and qualified: Robert E. Robotti | Director Elections | Board | WITHHOLD | 1 | |
| ANNALY CAPITAL MANAGEMENT, INC. | June 10, 2026 | Advisory approval of the Company's executive compensation. | Say-on-Pay | Board | AGAINST | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.