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Morgan Stanley 2025-2026: where it broke with the board

At least 6,086 proposals in the 2025-2026 proxy season: Morgan Stanley voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 86 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Morgan Stanley 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

6,086 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.

Morgan Stanley, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedMorgan Stanley votedFunds
Sumitomo Mitsui Trust Group, Inc. June 19, 2026 Elect Director Oyama, Kazuya Director Elections Board AGAINST 2
Sumitomo Mitsui Trust Group, Inc. June 19, 2026 Elect Director Takakura, Toru Director Elections Board AGAINST 2
Summit Therapeutics Inc. June 10, 2026 Approval of an amendment to the Summit Therapeutics Inc. 2020 Stock Incentive Plan to Increase the Number of Shares of Common Stock. Compensation Board AGAINST 2
Summit Therapeutics Inc. June 10, 2026 ELECTION OF DIRECTORS: Kenneth A. Clark Director Elections Board WITHHOLD 2
Summit Therapeutics Inc. June 10, 2026 ELECTION OF DIRECTORS: Mahkam Zanganeh Director Elections Board WITHHOLD 2
Summit Therapeutics Inc. June 10, 2026 ELECTION OF DIRECTORS: Manmeet S. Soni Director Elections Board WITHHOLD 2
Summit Therapeutics Inc. June 10, 2026 ELECTION OF DIRECTORS: Robert W. Duggan Director Elections Board WITHHOLD 2
Summit Therapeutics Inc. June 10, 2026 ELECTION OF DIRECTORS: Yu (Michelle) Xia Director Elections Board WITHHOLD 2
Sun Communities, Inc. May 12, 2026 To approve, by a non-binding advisory vote, executive compensation. Say-on-Pay Board AGAINST 2
Sun Hung Kai Properties Limited November 6, 2025 Elect Fung Kwok-lun, William as Director Director Elections Board AGAINST 2
Suncorp Group Limited September 25, 2025 Elect David Whiteing as Director Director Elections Board AGAINST 2
Svenska Handelsbanken AB March 25, 2026 Elect Par Borman as Board Chair Director Elections Board AGAINST 2
Svenska Handelsbanken AB March 25, 2026 Reelect Anders Jernhall as Director Director Elections Board AGAINST 2
Swedish Orphan Biovitrum AB May 6, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Swedish Orphan Biovitrum AB May 6, 2026 Reelect Christophe Bourdon as Director Director Elections Board AGAINST 2
T-Mobile US, Inc. June 16, 2026 Election of Directors: Srinivasan Gopalan Director Elections Board WITHHOLD 2
T. Rowe Price Group, Inc. May 7, 2026 Election of Directors: Eileen P. Rominger Director Elections Board AGAINST 2
TBEA Co., Ltd. May 7, 2026 Approve Remuneration Management System for Directors and Senior Management Members Compensation Board AGAINST 2
TG Therapeutics, Inc. June 11, 2026 An advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Dwayne Johnson Director Elections Board WITHHOLD 2
TPG Inc. June 3, 2026 Election of Directors: Deborah Messemer Director Elections Board WITHHOLD 2
TPG Inc. June 3, 2026 Election of Directors: Gunther Bright Director Elections Board WITHHOLD 2
TPG Inc. June 3, 2026 Election of Directors: Kathy Elsesser Director Elections Board WITHHOLD 2
TPG Inc. June 3, 2026 Election of Directors: Mary Cranston Director Elections Board WITHHOLD 2
TPG Inc. June 3, 2026 Election of Directors: William McRaven Director Elections Board WITHHOLD 2
TXNM Energy, Inc. June 10, 2026 Approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
TXNM Energy, Inc. June 10, 2026 Election of Directors: James A. Hughes Director Elections Board AGAINST 2
TXNM Energy, Inc. June 10, 2026 Election of Directors: Lillian J. Montoya Director Elections Board AGAINST 2
TXNM Energy, Inc. June 10, 2026 Election of Directors: Patricia K. Collawn Director Elections Board AGAINST 2
TXNM Energy, Inc. June 10, 2026 Election of Directors: Sidney M. Gutierrez Director Elections Board AGAINST 2
TXNM Energy, Inc. June 10, 2026 Election of Directors: Vicky A. Bailey Director Elections Board AGAINST 2
Take-Two Interactive Software, Inc. September 18, 2025 Approval of an amendment and restatement of the Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. Compensation Board AGAINST 2
Take-Two Interactive Software, Inc. September 18, 2025 Election of Directors: Roland Hernandez Director Elections Board AGAINST 2
Target Corporation June 10, 2026 Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay). Say-on-Pay Board AGAINST 2
Target Corporation June 10, 2026 Shareholder proposal requesting a report on reducing plastic microfiber shedding. Environment or Climate Shareholder Against FOR 2
Target Hospitality Corp. May 21, 2026 Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay). Say-on-Pay Board (inferred) AGAINST 2
Teledyne Technologies Incorporated April 22, 2026 Approval of a non-binding advisory resolution on the Company's executive compensation ("say on pay") Say-on-Pay Board AGAINST 2
Teleflex Incorporated May 15, 2026 Approval, on an advisory basis, of named executive officer compensation. Say-on-Pay Board AGAINST 2
Teleflex Incorporated May 15, 2026 Election of Directors: Andrew A. Krakauer Director Elections Board AGAINST 2
Teleflex Incorporated May 15, 2026 Election of Directors: Candace H. Duncan Director Elections Board AGAINST 2
Teleflex Incorporated May 15, 2026 Election of Directors: Neena M. Patil Director Elections Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 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 2
Telefonica SA March 25, 2026 Reelect Maria Luisa Garcia Blanco as Director Director Elections Board AGAINST 2
Telia Co. AB April 9, 2026 Reelect Lars-Johan Jarnheimer as Board Chair Director Elections Board AGAINST 2
Telia Co. AB April 9, 2026 Reelect Lars-Johan Jarnheimer as Director Director Elections Board AGAINST 2
Temenos AG May 13, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 2
Tenaris SA May 12, 2026 Approve Share Repurchase Capital Structure Board AGAINST 2
TeraWulf Inc. June 9, 2026 The approval, on a non-binding, advisory basis, of the compensation of our named executive officers ("Say-on-Pay"); and Say-on-Pay Board (inferred) AGAINST 2
Terreno Realty Corporation May 5, 2026 Adoption of a resolution to approve, on a non-binding advisory basis, the compensation of certain executives, as more fully described in the proxy statement. Say-on-Pay Board AGAINST 2
Terreno Realty Corporation May 5, 2026 Election of Directors: LeRoy E. Carlson Director Elections Board AGAINST 2
Texas Instruments Incorporated April 16, 2026 Election of Directors: Haviv Ilan Director Elections Board AGAINST 2
Texas Instruments Incorporated April 16, 2026 Election of Directors: Jean Hobby Director Elections Board AGAINST 2
Texas Instruments Incorporated April 16, 2026 Election of Directors: Pamela Patsley Director Elections Board AGAINST 2
Texas Instruments Incorporated April 16, 2026 Election of Directors: Todd Bluedorn Director Elections Board AGAINST 2
Thales SA May 12, 2026 Reelect Anne-Claire Taittinger as Director Director Elections Board AGAINST 2
The Buckle, Inc. June 1, 2026 Advisory vote on overall compensation for the Company's Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 2
The Buckle, Inc. June 1, 2026 Election of Directors: Karen B. Rhoads Director Elections Board WITHHOLD 2
The Carlyle Group Inc. June 3, 2026 Election of Directors: Lawton W. Fitt Director Elections Board WITHHOLD 2
The Coca-Cola Company April 29, 2026 Election of Directors: Ana Botin Director Elections Board AGAINST 2
The Coca-Cola Company April 29, 2026 Election of Directors: David B. Weinberg Director Elections Board AGAINST 2
The Coca-Cola Company April 29, 2026 Election of Directors: Herb Allen Director Elections Board AGAINST 2
The Coca-Cola Company April 29, 2026 Election of Directors: James Quincey Director Elections Board AGAINST 2
The Cooper Companies, Inc. April 7, 2026 Approve, on a non-binding, advisory basis, the compensation of our Named Executive Officers. Say-on-Pay Board AGAINST 2
The Cooper Companies, Inc. April 7, 2026 Election of Directors: Cynthia L. Lucchese Director Elections Board AGAINST 2
The Cooper Companies, Inc. April 7, 2026 Election of Directors: Lawrence E. Kurzius Director Elections Board AGAINST 2
The Cooper Companies, Inc. April 7, 2026 Election of Directors: Maria Rivas, M.D. Director Elections Board AGAINST 2
The Descartes Systems Group Inc. June 11, 2026 Advisory Vote on Executive Compensation Approach Compensation Board AGAINST 2
The Ensign Group, Inc. May 13, 2026 Approval, on an advisory basis, of our named executive officers' compensation. Say-on-Pay Board AGAINST 2
The Ensign Group, Inc. May 13, 2026 ELECTION OF CLASS I DIRECTORS EACH FOR A THREE-YEAR TERM as follows: Mr. Barry M. Smith Director Elections Board AGAINST 2
The Ensign Group, Inc. May 13, 2026 ELECTION OF CLASS I DIRECTORS EACH FOR A THREE-YEAR TERM as follows: Ms. Swati B. Abbott Director Elections Board AGAINST 2
The Gap, Inc. May 12, 2026 Approval, on an advisory basis, of the overall compensation of the named executive officers. Say-on-Pay Board AGAINST 2
The Gap, Inc. May 12, 2026 Election of Directors: Amy Miles Director Elections Board AGAINST 2
The Gap, Inc. May 12, 2026 Election of Directors: Mayo A. Shattuck III Director Elections Board AGAINST 2
The Gap, Inc. May 12, 2026 Election of Directors: Robert J. Fisher Director Elections Board AGAINST 2
The Goldman Sachs Group, Inc. April 29, 2026 Advisory Vote to Approve Executive Compensation (Say on Pay) Say-on-Pay Board AGAINST 2
The Goldman Sachs Group, Inc. April 29, 2026 Election of Directors: Kimberley Harris Director Elections Board AGAINST 2
The Kraft Heinz Company May 14, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 2
The Kraft Heinz Company May 14, 2026 Election of Directors: John C. Pope Director Elections Board AGAINST 2
The Kraft Heinz Company May 14, 2026 Election of Directors: John T. Cahill Director Elections Board AGAINST 2
The Kraft Heinz Company May 14, 2026 Election of Directors: Lori Dickerson Fouche Director Elections Board AGAINST 2
The Kroger Co. June 25, 2026 Election of Directors: Anne Gates Director Elections Board AGAINST 2
The Kroger Co. June 25, 2026 Report on GHG emissions reductions. Environment or Climate Shareholder Against FOR 2
The Middleby Corporation May 19, 2026 Approval, on an advisory basis, of the compensation of our named executive officers; and Say-on-Pay Board AGAINST 2
The Middleby Corporation May 19, 2026 Election of Directors: Cathy L. McCarthy Director Elections Board AGAINST 2
The Middleby Corporation May 19, 2026 Election of Directors: Edward P. Garden Director Elections Board AGAINST 2
The Middleby Corporation May 19, 2026 Election of Directors: Gordon J. O'Brien Director Elections Board AGAINST 2
The Middleby Corporation May 19, 2026 Election of Directors: Julie M. Bowerman Director Elections Board AGAINST 2
The Middleby Corporation May 19, 2026 Election of Directors: Robert A. Nerbonne Director Elections Board AGAINST 2
The Middleby Corporation May 19, 2026 Election of Directors: Sarah Palisi Chapin Director Elections Board AGAINST 2
The Procter & Gamble Company October 14, 2025 Approval of The Procter & Gamble 2025 Stock and Incentive Compensation Plan Compensation Board AGAINST 2
The Procter & Gamble Company October 14, 2025 ELECTION OF DIRECTORS: Joseph Jimenez Director Elections Board AGAINST 2
The Procter & Gamble Company October 14, 2025 Shareholder Proposal Requesting Additional Reporting on Plastic Packaging Environment or Climate Shareholder Against FOR 2
The Progressive Corporation May 8, 2026 Cast an advisory vote to approve our executive compensation program; Say-on-Pay Board AGAINST 2
The Progressive Corporation May 8, 2026 Election of Directors: Lawton W. Fitt Director Elections Board AGAINST 2
The Progressive Corporation May 8, 2026 Election of Directors: Philip Bleser Director Elections Board AGAINST 2
The Progressive Corporation May 8, 2026 Election of Directors: Roger N. Farah Director Elections Board AGAINST 2
The TJX Companies, Inc. June 9, 2026 Advisory approval of TJX's executive compensation (the say-on-pay vote) Say-on-Pay Board AGAINST 2
The Timken Company May 8, 2026 Approval, on an advisory basis, of our named executive officer compensation. Say-on-Pay Board AGAINST 2
The Timken Company May 8, 2026 Election of twelve Directors to serve for a term of one year: Christopher L. Mapes Director Elections Board WITHHOLD 2
The Timken Company May 8, 2026 Election of twelve Directors to serve for a term of one year: Elizabeth A. Harrell Director Elections Board WITHHOLD 2

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Built November 8, 2026 from SEC Form N-PX filings.