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 |
|---|---|---|---|---|---|---|---|
| Expensify, Inc. | May 22, 2026 | Election of Directors: Carlos Alvarez Divo | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: Daniel Vidal | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: David Barrett | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: Ellen Pao | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: Jason Mills | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: Ryan Schaffer | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: Timothy L. Christen | Director Elections | Board | WITHHOLD | 1 | |
| Expensify, Inc. | May 22, 2026 | Election of Directors: Ying (Vivian) Liu | Director Elections | Board | WITHHOLD | 1 | |
| Extreme Networks, Inc. | November 12, 2025 | Amend Omnibus Stock Plan | Compensation | Board | AGAINST | 1 | |
| Extreme Networks, Inc. | November 12, 2025 | Elect seven directors to the Board of Directors for a one-year term: Charles P. Carinalli | Director Elections | Board | WITHHOLD | 1 | |
| Extreme Networks, Inc. | November 12, 2025 | Elect seven directors to the Board of Directors for a one-year term: John C. Shoemaker | Director Elections | Board | WITHHOLD | 1 | |
| EyePoint, Inc. | June 18, 2026 | Election of Directors: Göran Ando, M.D. | Director Elections | Board | WITHHOLD | 1 | |
| Ezaki Glico Co., Ltd. | March 24, 2026 | Approve Compensation Ceilings for Directors and Statutory Auditors | Compensation | Board | AGAINST | 1 | |
| F&M Co., Ltd. | June 25, 2026 | Elect Director Morinaka, Ichiro | Director Elections | Board | AGAINST | 1 | |
| F-Tech, Inc. | June 25, 2026 | Appoint Statutory Auditor Masuda, Kenichiro | Compensation | Board | AGAINST | 1 | |
| F.M.S. Enterprises Migun Ltd. | October 30, 2025 | Approve Renewal of Employment Terms of Avi Blum, Co-CEO and Director | Compensation | Board | AGAINST | 1 | |
| F.M.S. Enterprises Migun Ltd. | October 30, 2025 | Approve Renewal of Employment Terms of Daniel Blum, Co-CEO and Director | Compensation | Board | AGAINST | 1 | |
| F.M.S. Enterprises Migun Ltd. | October 30, 2025 | Approve Updated Compensation Policy for the Directors and Officers of the Company | Compensation | Board | AGAINST | 1 | |
| F.M.S. Enterprises Migun Ltd. | October 30, 2025 | Reappoint Somekh Chaikin (KPMG) as Auditors | Audit-related | Board | AGAINST | 1 | |
| F.M.S. Enterprises Migun Ltd. | October 30, 2025 | Reelect Yacov Yechiely as Director | Director Elections | Board | AGAINST | 1 | |
| F.N.B. Corporation | May 6, 2026 | Election of 10 Directors: David J. Malone | Director Elections | Board | AGAINST | 1 | |
| F.N.B. Corporation | May 6, 2026 | Election of 10 Directors: William J. Strimbu | Director Elections | Board | AGAINST | 1 | |
| FAST RETAILING CO.,LTD. | November 27, 2025 | Appoint a Director Shintaku, Masaaki | Director Elections | Board | AGAINST | 1 | |
| FASTIGHETS AB BALDER | May 8, 2026 | APPROVE ISSUANCE OF UP TO 10 PERCENT OF ISSUED SHARES WITHOUT PREEMPTIVE RIGHTS | Capital Structure | Board | AGAINST | 1 | |
| FASTIGHETS AB BALDER | May 8, 2026 | REELECT CARINA EDBLAD AS DIRECTOR | Director Elections | Board | AGAINST | 1 | |
| FB Bancorp, Inc. | December 9, 2025 | To elect the following nominees as directors: Katherine A. Crosby | Director Elections | Board | WITHHOLD | 1 | |
| FB Bancorp, Inc. | December 9, 2025 | To elect the following nominees as directors: Stephen W. Hales | Director Elections | Board | WITHHOLD | 1 | |
| FB Bancorp, Inc. | April 29, 2026 | To elect the following nominees as directors: Gerard W. Barousse, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| FBD Holdings Plc | May 7, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| FERRARI N.V. | April 15, 2026 | RE-APPOINTMENT OF "JOHN ELKANN" | Director Elections | Board | AGAINST | 1 | |
| FILA - Fabbrica Italiana Lapis ed Affini SpA | April 29, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| FILA - Fabbrica Italiana Lapis ed Affini SpA | April 29, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 1 | |
| FINDEX, Inc. | March 26, 2026 | Elect Alternate Director and Audit Committee Member Ayukawa, Takuya | Director Elections | Board | AGAINST | 1 | |
| FINDEX, Inc. | March 26, 2026 | Elect Director and Audit Committee Member Kitada, Takashi | Director Elections | Board | AGAINST | 1 | |
| FINECOBANK S.P.A | April 29, 2026 | EVENTUAL VOTE: FRANCESCO SIGNORETTI | Director Elections | Board | AGAINST | 1 | |
| FINECOBANK S.P.A | April 29, 2026 | EVENTUAL VOTE: GABRIELLA SCAPICCHIO | Director Elections | Board | AGAINST | 1 | |
| FINECOBANK S.P.A | April 29, 2026 | EVENTUAL VOTE: GIUSEPPE PISANI | Director Elections | Board | AGAINST | 1 | |
| FINECOBANK S.P.A | April 29, 2026 | EVENTUAL VOTE: MARIA GIOVANNA CALLONI | Director Elections | Board | AGAINST | 1 | |
| FINECOBANK S.P.A | April 29, 2026 | EVENTUAL VOTE: MICAELA CRISTINA CAPELLI | Director Elections | Board | AGAINST | 1 | |
| GE Aerospace | May 5, 2026 | Shareholder Proposal Requesting Report on Defense-Related Products | Human Rights or Human Capital/workforce | Shareholder (inferred) | Against | FOR | 1 |
| Intel Corporation | May 13, 2026 | Stockholder proposal requesting a report on Intel's human rights due diligence process. | Human Rights or Human Capital/workforce | Shareholder (inferred) | Against | FOR | 1 |
| JPMorgan Chase & Co. | May 19, 2026 | Lobbying alignment | Other Social Issues | Shareholder | Against | FOR | 1 |
| Merck & Co., Inc. | May 26, 2026 | Shareholder proposal regarding a report on political contributions. | Other Social Issues | Shareholder | Against | FOR | 1 |
| Meta Platforms, Inc. | May 27, 2026 | A shareholder proposal regarding data protection impact assessment on generative AI chatbots. | Other Social Issues | Shareholder (inferred) | Against | FOR | 1 |
| Meta Platforms, Inc. | May 27, 2026 | A shareholder proposal regarding report on Al data usage oversight. | Other Social Issues | Shareholder | Against | FOR | 1 |
| Microsoft Corporation | December 5, 2025 | Report on Al and Machine Learning Tools for Oil and Gas Development and Production | Other Social Issues | Shareholder | Against | FOR | 1 |
| NVR, Inc. | May 7, 2026 | Shareholder proposal to disclose greenhouse gas emissions. | Environment or Climate | Shareholder (inferred) | Against | FOR | 1 |
| NextEra Energy, Inc. | May 21, 2026 | A proposal entitled "Paris Agreement Alignment" requesting NextEra Energy publish a report describing if and how the Company plans to reduce its total contribution to climate change and align its operations and investments with the Paris Agreement's goal of maintaining global temperatures well below 2 degrees Celsius, and ideally, 1.5 degrees Celsius. | Environment or Climate | Shareholder | Against | FOR | 1 |
| Otis Worldwide Corporation | May 27, 2026 | Shareholder proposal regarding reporting on political contributions and expenditures | Other Social Issues | Shareholder | Against | FOR | 1 |
| Palantir Technologies Inc. | June 3, 2026 | Stockholder proposal entitled "Human Rights Impact Assessment", if properly presented at the Annual Meeting. | Human Rights or Human Capital/workforce | Shareholder (inferred) | Against | FOR | 1 |
| Palantir Technologies Inc. | June 3, 2026 | Stockholder proposal entitled "Independent Report on Due Diligence Process", if properly presented at the Annual Meeting. | Human Rights or Human Capital/workforce | Shareholder (inferred) | Against | FOR | 1 |
| Palantir Technologies Inc. | June 3, 2026 | Stockholder proposal entitled "Political Spending Disclosure", if properly presented at the Annual Meeting. | Other Social Issues | Shareholder (inferred) | Against | FOR | 1 |
| PepsiCo, Inc. | May 6, 2026 | Shareholder Proposal - Report on Human Rights Oversight. | Human Rights or Human Capital/workforce | Shareholder (inferred) | Against | FOR | 1 |
| Philip Morris International Inc. | May 6, 2026 | Shareholder Proposal to issue a report on filter cleanup costs and extended producer responsibility laws for filters | Other Social Issues | Shareholder (inferred) | Against | FOR | 1 |
| Pilgrim's Pride Corporation | April 29, 2026 | A stockholder proposal to provide a political spending disclosure. | Other Social Issues | Shareholder | Against | FOR | 1 |
| SkyWest, Inc. | May 5, 2026 | A shareholder proposal regarding collective bargaining policy. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| Steel Dynamics, Inc. | May 6, 2026 | SHAREHOLDER PROPOSAL - AVOID POLITICAL SPENDING BRAND DAMAGE | Other Social Issues | Shareholder | Against | FOR | 1 |
| Tesla, Inc. | November 6, 2025 | A shareholder proposal requesting a child labor audit. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| The Goldman Sachs Group, Inc. | April 29, 2026 | Shareholder Proposal Regarding Disclosure of Energy Supply Ratio | Environment or Climate | Shareholder (inferred) | Against | FOR | 1 |
| The Home Depot, Inc. | May 21, 2026 | Shareholder Proposal Regarding Report on Customer Data Privacy Risks | Other Social Issues | Shareholder | Against | FOR | 1 |
| The Home Depot, Inc. | May 21, 2026 | Shareholder Proposal Regarding Report on Sufficiency of Associates Access to Healthcare | Human Rights or Human Capital/workforce | Shareholder (inferred) | Against | FOR | 1 |
| The Home Depot, Inc. | May 21, 2026 | Shareholder Proposal Regarding Report on Sufficiency of Associates' Access to Healthcare | Other Social Issues | Shareholder | Against | FOR | 1 |
| The Kroger Co. | June 25, 2026 | Report on GHG emissions reductions. | Environment or Climate | Shareholder | Against | FOR | 1 |
| The Walt Disney Company | March 18, 2026 | Shareholder proposal, if properly presented at the meeting, requesting an independent review and report on accessibility and disability inclusion practices. | Diversity, Equity, and Inclusion | Shareholder (inferred) | Against | FOR | 1 |
| Visa Inc. | January 27, 2026 | Shareholder proposal on report on online sexual exploitation. | Other Social Issues | Shareholder | Against | FOR | 1 |
| WALMART INC. | June 4, 2026 | Report on Workplace Health and Safety Governance | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 1 |
| Wells Fargo & Company | April 28, 2026 | Shareholder Proposal - Board Committee on Indigenous Peoples Rights. | Other Social Issues | Shareholder (inferred) | Against | FOR | 1 |
| Wells Fargo & Company | April 28, 2026 | Shareholder Proposal - Energy Supply Ratio. | Environment or Climate | Shareholder (inferred) | Against | FOR | 1 |
| Wolverine World Wide, Inc. | May 7, 2026 | Shareholder proposal regarding new climate change polices or practices. | Environment or Climate | Shareholder | Against | FOR | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.