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 |
|---|---|---|---|---|---|---|---|
| Biglari Holdings Inc. | April 8, 2026 | Election of Directors: Ruth J. Person | Director Elections | Board | WITHHOLD | 1 | |
| Biglari Holdings Inc. | April 8, 2026 | Election of Directors: Sardar Biglari | Director Elections | Board | WITHHOLD | 1 | |
| Bijou Brigitte modische Accessoires AG | June 23, 2026 | Approve Creation of EUR 4.1 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Bilibili, Inc. | June 17, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Bilibili, Inc. | June 17, 2026 | Approve PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Bilibili, Inc. | June 17, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Bio-Rad Laboratories, Inc. | April 21, 2026 | Nominees: Arnold A. Pinkston | Director Elections | Board | AGAINST | 1 | |
| Bio-Rad Laboratories, Inc. | April 21, 2026 | Nominees: Melinda Litherland | Director Elections | Board | AGAINST | 1 | |
| Bio-Techne Corporation | October 30, 2025 | Advisory Vote to Ratify Named Executive Officers' Compensation | Compensation | Board | AGAINST | 1 | |
| BioCryst Pharmaceuticals, Inc. | June 11, 2026 | To hold a non-binding, advisory vote regarding executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| BioMarin Pharmaceutical Inc. | June 2, 2026 | Amend Omnibus Stock Plan | Compensation | Board | AGAINST | 1 | |
| Biohaven Ltd. | April 28, 2026 | Election of Directors for a term expiring at the 2029 Annual Meeting of shareholders: Michael T. Heffernan | Director Elections | Board | AGAINST | 1 | |
| Birchcliff Energy Ltd. | May 14, 2026 | Elect Director Dennis Dawson | Director Elections | Board | WITHHOLD | 1 | |
| Birchcliff Energy Ltd. | May 14, 2026 | Re-approve Stock Option Plan | Compensation | Board | AGAINST | 1 | |
| Black Cat Syndicate Limited | November 27, 2025 | Approve Grant of Potential Termination Benefits | Compensation | Board | AGAINST | 1 | |
| Black Cat Syndicate Limited | November 27, 2025 | Approve Issuance of Performance Rights to Gareth Solly | Compensation | Board | AGAINST | 1 | |
| Black Cat Syndicate Limited | November 27, 2025 | Ratify Past Issuance of Unlisted Options to Amber Rivamonte | Compensation | Board | AGAINST | 1 | |
| Black Rock Coffee Bar, Inc. | May 27, 2026 | The election of Class I directors: Jeff Hernandez | Director Elections | Board | WITHHOLD | 1 | |
| BlackSky Technology Inc. | September 10, 2025 | Election of Class I Directors: Magid Abraham | Director Elections | Board | WITHHOLD | 1 | |
| Block, Inc. | June 16, 2026 | Advisory Vote on Executive Compensation Approach | Compensation | Board | AGAINST | 1 | |
| Block, Inc. | June 16, 2026 | Elect Director Amy Brooks | Director Elections | Board | WITHHOLD | 1 | |
| Bloom Energy Corporation | May 21, 2026 | Election of our four Class II Directors: Jim Snabe | Director Elections | Board | WITHHOLD | 1 | |
| Bloomin' Brands, Inc. | April 22, 2026 | Approval of the Amended and Restated Bloomin' Brands, Inc. 2025 Omnibus Incentive Compensation Plan | Compensation | Board | AGAINST | 1 | |
| Blue Square Real Estate Ltd. | November 24, 2025 | Elect Ami Barlev as External Director | Director Elections | Board | AGAINST | 1 | |
| Blue Square Real Estate Ltd. | June 18, 2026 | Reappoint Ziv Haft (BDO) as Auditors and Report on Fees Paid to the Auditors | Audit-related | Board | AGAINST | 1 | |
| Blue Square Real Estate Ltd. | June 18, 2026 | Reelect Oded Najar as Director | Director Elections | Board | AGAINST | 1 | |
| BlueNord ASA | May 18, 2026 | Approve Remuneration Policy And Other Terms of Employment For Executive Management | Compensation | Board | AGAINST | 1 | |
| BlueNord ASA | May 18, 2026 | Approve Remuneration Statement (Advisory Vote) | Compensation | Board | AGAINST | 1 | |
| BlueNord ASA | May 18, 2026 | Reelect Glen Ole Rodland (Chair) and Kristin Faerovik as Directors; Elect Christian Braekken as New Director | Director Elections | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Approve Compensation Report of Corporate Officers | Compensation | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Approve Compensation of Frédéric Riou, Vice-CEO from June 1, 2025 | Compensation | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Approve Compensation of Jean-Christophe Bayssat, Vice-CEO until May 31, 2025 | Compensation | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Approve Remuneration Policy of CEO | Compensation | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Approve Remuneration Policy of Vice-CEOs | Compensation | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Elect Grégory Walter as Director | Director Elections | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Reelect Anabelle Flory-Boiron as Director | Director Elections | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Reelect Benjamin Boiron as Director | Director Elections | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Reelect Pascal Houdayer as Director | Director Elections | Board | AGAINST | 1 | |
| Boiron SA | May 21, 2026 | Reelect Thierry Boiron as Director | Director Elections | Board | AGAINST | 1 | |
| Bollore SE | May 27, 2026 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 1 | |
| Bollore SE | May 27, 2026 | Authorize Repurchase of Up to 9.95 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Bollore SE | May 27, 2026 | Reelect Bolloré Participations SE as Director | Director Elections | Board | AGAINST | 1 | |
| Bollore SE | May 27, 2026 | Reelect Cyrille Bolloré as Director | Director Elections | Board | AGAINST | 1 | |
| Bollore SE | May 27, 2026 | Reelect Marie Bolloré as Director | Director Elections | Board | AGAINST | 1 | |
| Bonduelle | December 4, 2025 | Approve Compensation Report | Compensation | Board | AGAINST | 1 | |
| Bonduelle | December 4, 2025 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries, up to Aggregate Nominal Amount of EUR 17.5 Million | Capital Structure | Board | AGAINST | 1 | |
| Bonduelle | December 4, 2025 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Bonduelle | December 4, 2025 | Elect Karine Charbonnier as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| Bonduelle | December 4, 2025 | Reelect Jean-Pierre Vannier as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| Bonterra Energy Corp. | May 20, 2026 | Re-approve Stock Option Plan | Compensation | Board | AGAINST | 1 | |
| Booking Holdings Inc. | June 2, 2026 | Advisory vote to approve 2025 executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Booking Holdings Inc. | June 2, 2026 | Ratification of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. | Audit-related | Board (inferred) | AGAINST | 1 | |
| BorgWarner Inc. | April 29, 2026 | Election of Directors: Alexis P. Michas | Director Elections | Board | AGAINST | 1 | |
| Borregaard ASA | April 16, 2026 | Reelect Helge Aasen as Board Chair | Director Elections | Board | AGAINST | 1 | |
| Borregaard ASA | April 16, 2026 | Reelect Terje Andersen as Director | Director Elections | Board | AGAINST | 1 | |
| Borussia Dortmund GmbH & Co. KGaA | November 24, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Bosideng International Holdings Limited | August 20, 2025 | Elect Dong Binggen as Director | Director Elections | Board | AGAINST | 1 | |
| Bossard Holding AG | April 10, 2026 | Ratify PricewaterhouseCoopers AG as Auditors | Audit-related | Board | AGAINST | 1 | |
| Boston Omaha Corporation | August 25, 2025 | Election of Directors (other than the Class B common stock Director): Brendan J. Keating | Director Elections | Board | WITHHOLD | 1 | |
| Boston Omaha Corporation | August 25, 2025 | Election of Directors (other than the Class B common stock Director): Jeffrey C. Royal | Director Elections | Board | WITHHOLD | 1 | |
| Boubyan Bank KSC | March 10, 2026 | Authorize Issuance of Sukuk or Other Shariah Compliant Instruments and Authorize Board to Set Terms of Issuance | Capital Structure | Board | AGAINST | 1 | |
| Bourbon Corp. (Japan) | June 26, 2026 | Appoint Alternate Statutory Auditor Kasuga, Yuji | Compensation | Board | AGAINST | 1 | |
| Bourbon Corp. (Japan) | June 26, 2026 | Appoint Statutory Auditor Ando, Kazuyuki | Compensation | Board | AGAINST | 1 | |
| Bourbon Corp. (Japan) | June 26, 2026 | Approve Director and Statutory Auditor Retirement Bonus | Compensation | Board | AGAINST | 1 | |
| Bourbon Corp. (Japan) | June 26, 2026 | Elect Director Yoshida, Masayoshi | Director Elections | Board | AGAINST | 1 | |
| Bourbon Corp. (Japan) | June 26, 2026 | Elect Director Yoshida, Yasushi | Director Elections | Board | AGAINST | 1 | |
| Boyd Gaming Corporation | May 7, 2026 | Election of Directors: Christine J. Spadafor | Director Elections | Board | WITHHOLD | 1 | |
| Boyd Gaming Corporation | May 7, 2026 | Election of Directors: John Bailey | Director Elections | Board | WITHHOLD | 1 | |
| Braemar Hotels & Resorts Inc. | December 15, 2025 | Election of Directors: Matthew D. Rinaldi | Director Elections | Board | AGAINST | 1 | |
| Braemar Hotels & Resorts Inc. | December 15, 2025 | Election of Directors: Monty J. Bennett | Director Elections | Board | AGAINST | 1 | |
| Braemar Hotels & Resorts Inc. | December 15, 2025 | Election of Directors: Stefani D. Carter | Director Elections | Board | AGAINST | 1 | |
| Braemar Plc | July 2, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Braemar Plc | July 2, 2025 | Re-elect Catriona Valentine as Director | Director Elections | Board | AGAINST | 1 | |
| Braemar Plc | July 2, 2025 | Re-elect Elizabeth Gooch as Director | Director Elections | Board | AGAINST | 1 | |
| Braemar Plc | July 2, 2025 | Re-elect Joanne Lake as Director | Director Elections | Board | AGAINST | 1 | |
| Bragg Gaming Group Inc. | June 18, 2026 | Elect Director Matevz Mazij | Director Elections | Board | AGAINST | 1 | |
| Brambles Limited | October 23, 2025 | Elect Maxine Nicole Brenner as Director | Director Elections | Board | AGAINST | 1 | |
| Brandywine Realty Trust | May 28, 2026 | Election of Trustees: Charles P. Pizzi | Director Elections | Board | AGAINST | 1 | |
| Bravura Solutions Limited | October 15, 2025 | Approve the Spill Resolution | Compensation | Board | AGAINST | 1 | |
| Braze, Inc. | June 30, 2026 | Advisory vote to approve the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Brembo NV | April 29, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Brembo NV | April 29, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Brembo NV | April 29, 2026 | Reelect Cristina Bombassei as Executive Director | Director Elections | Board | AGAINST | 1 | |
| Brembo NV | April 29, 2026 | Reelect Matteo Tiraboschi as Executive Director | Director Elections | Board | AGAINST | 1 | |
| Brenntag SE | May 20, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Breville Group Limited | November 6, 2025 | Approve Grant of Rights to Jim Clayton | Compensation | Board | AGAINST | 1 | |
| Bridgestone Corp. | March 24, 2026 | Elect Director Masuda, Kenichi | Director Elections | Board | AGAINST | 1 | |
| Bridgestone Corp. | March 24, 2026 | Elect Director Matsuda, Akira | Director Elections | Board | AGAINST | 1 | |
| Bridgestone Corp. | March 24, 2026 | Elect Director Scott Trevor Davis | Director Elections | Board | AGAINST | 1 | |
| Bridgestone Corp. | March 24, 2026 | Elect Director Yoshimi, Tsuyoshi | Director Elections | Board | AGAINST | 1 | |
| Bridgewater Bancshares, Inc. | April 28, 2026 | Election of Directors: James Johnson | Director Elections | Board | WITHHOLD | 1 | |
| Bridgewater Bancshares, Inc. | April 28, 2026 | Election of Directors: Lisa Brezonik | Director Elections | Board | WITHHOLD | 1 | |
| Bridgewater Bancshares, Inc. | April 28, 2026 | Election of Directors: Thomas Trutna | Director Elections | Board | WITHHOLD | 1 | |
| Bridgewater Bancshares, Inc. | April 28, 2026 | Election of Directors: Todd Urness | Director Elections | Board | WITHHOLD | 1 | |
| Bright Horizons Family Solutions Inc. | June 3, 2026 | To approve, on an advisory basis, the 2025 compensation paid by the Company to its Named Executive Officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Bright Minds Biosciences Inc. | March 31, 2026 | Elect Director Jan Pedersen | Director Elections | Board | WITHHOLD | 1 | |
| Bright Minds Biosciences Inc. | March 31, 2026 | Elect Director Nils Christian Bottler | Director Elections | Board | WITHHOLD | 1 | |
| Bright Smart Securities & Commodities Group Limited | August 26, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Bright Smart Securities & Commodities Group Limited | August 26, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Brightstar Lottery Plc | May 12, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.