Home › Asset managers › Morgan Stanley › 2025-2026 › Against 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Morgan Stanley voted | Funds |
|---|---|---|---|---|---|---|---|
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Hama, Naoki | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Higuchi, Masayuki | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Ito, Yoji | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Kitamura, Kunitaro | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Nagano, Tsuyoshi | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Sugawara, Ikuro | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Sukeno, Kenji | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Suzuki, Takako | Director Elections | Board | AGAINST | 1 | |
| FUJIFILM Holdings Corp. | June 26, 2026 | Elect Director Yoshizawa, Chisato | Director Elections | Board | AGAINST | 1 | |
| FVCBankcorp, Inc. | May 20, 2026 | To approve, in an advisory (non-binding) vote, the Company's named executive officer compensation disclosed in the Proxy Statement. | Say-on-Pay | Board | AGAINST | 1 | |
| Falabella SA | March 17, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| Far East Horizon Limited | June 10, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Far East Horizon Limited | June 10, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Kathy Mitsuko Koll | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Kunibe, Takeshi | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Kurumado, Joji | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Kyoya, Yutaka | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Okazaki, Takeshi | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Ono, Naotake | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Shintaku, Masaaki | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Tsukagoshi, Daisuke | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Yanai, Kazumi | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Yanai, Koji | Director Elections | Board | AGAINST | 1 | |
| Fast Retailing Co., Ltd. | November 27, 2025 | Elect Director Yanai, Tadashi | Director Elections | Board | AGAINST | 1 | |
| Fastighets AB Balder | May 8, 2026 | Reelect Anders Wennergren as Director | Director Elections | Board | AGAINST | 1 | |
| Fastighets AB Balder | May 8, 2026 | Reelect Fredrik Svensson as Director | Director Elections | Board | AGAINST | 1 | |
| Fastighets AB Balder | May 8, 2026 | Reelect Sten Duner as Director | Director Elections | Board | AGAINST | 1 | |
| Fate Therapeutics, Inc. | June 12, 2026 | To approve a proposal to amend and restate the Company's 2022 Stock Option and Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder. | Compensation | Board | AGAINST | 1 | |
| Fennec Pharmaceuticals Inc. | June 10, 2026 | 2026 EQUITY INDUCEMENT PLAN To consider, and if deemed advisable, ratify and approve the adoption of Fennec's 2026 Equity Inducement Plan. | Compensation | Board | AGAINST | 1 | |
| Fennec Pharmaceuticals Inc. | June 10, 2026 | AMENDMENT TO 2020 EQUITY INCENTIVE PLAN To consider, and if deemed advisable, approve an increase in the number of Common Shares which are reserved for issuance under Fennec's 2020 Equity Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Ferrari NV | April 15, 2026 | Reelect Piero Ferrari as Non-Executive Director | Director Elections | Board | AGAINST | 1 | |
| Ferroglobe PLC | June 17, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Ferrovial SE | April 9, 2026 | Reelect Gonzalo Pedro Urquijo Fernandez De Araoz as Non-Executive Director | Director Elections | Board | AGAINST | 1 | |
| Fibra Uno Administracion SA de CV | April 30, 2026 | Approve Financial Statements and Allocation of Income | Capital Structure | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Alberto Marone | Director Elections | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Francesco Signoretti | Director Elections | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Gabriella Scapicchio | Director Elections | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Giuseppe Pisani | Director Elections | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Maria Giovanna Calloni | Director Elections | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Micaela Cristina Capelli | Director Elections | Board | ABSTAIN | 1 | |
| Finecobank Spa | April 29, 2026 | Elect Stefano Blotto | Director Elections | Board | ABSTAIN | 1 | |
| Firefly Aerospace, Inc. | June 4, 2026 | To elect the two nominees identified in the accompanying proxy statement to our Board of Directors: Jason Kim | Director Elections | Board | WITHHOLD | 1 | |
| First Advantage Corporation | June 5, 2026 | To elect three Class II director nominees listed in this Proxy Statement: Bridgett R. Price | Director Elections | Board | WITHHOLD | 1 | |
| First Advantage Corporation | June 5, 2026 | To elect three Class II director nominees listed in this Proxy Statement: James L. Clark | Director Elections | Board | WITHHOLD | 1 | |
| First BanCorp. | May 6, 2026 | Election of Directors: Roberto R. Herencia | Director Elections | Board | AGAINST | 1 | |
| First Citizens BancShares, Inc. | May 4, 2026 | Election of 12 directors for one-year terms: Dr. Eugene Flood, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| First Citizens BancShares, Inc. | May 4, 2026 | Election of 12 directors for one-year terms: Ellen R. Alemany | Director Elections | Board | WITHHOLD | 1 | |
| First Citizens BancShares, Inc. | May 4, 2026 | Election of 12 directors for one-year terms: Hope H. Bryant | Director Elections | Board | WITHHOLD | 1 | |
| First Citizens BancShares, Inc. | May 4, 2026 | Election of 12 directors for one-year terms: Peter M. Bristow | Director Elections | Board | WITHHOLD | 1 | |
| First Citizens BancShares, Inc. | May 4, 2026 | Election of 12 directors for one-year terms: R. Mattox Snow III | Director Elections | Board | WITHHOLD | 1 | |
| First Citizens BancShares, Inc. | May 4, 2026 | Election of 12 directors for one-year terms: Robert R. Hoppe | Director Elections | Board | WITHHOLD | 1 | |
| First Watch Restaurant Group, Inc. | May 20, 2026 | To approve, on a non-binding, advisory basis, the compensation paid to the Company's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| FirstService Corporation | April 1, 2026 | Advisory Vote on Executive Compensation Approach | Compensation | Board | AGAINST | 1 | |
| FirstService Corporation | April 1, 2026 | Elect Director Erin J. Wallace | Director Elections | Board | WITHHOLD | 1 | |
| FirstService Corporation | April 1, 2026 | Elect Director Frederick F. Reichheld | Director Elections | Board | WITHHOLD | 1 | |
| FirstService Corporation | April 1, 2026 | Elect Director Jay S. Hennick | Director Elections | Board | WITHHOLD | 1 | |
| FirstService Corporation | April 1, 2026 | Elect Director Steve H. Grimshaw | Director Elections | Board | WITHHOLD | 1 | |
| Fiserv, Inc. | May 21, 2026 | Election of Directors: Ajei S. Gopal | Director Elections | Board | WITHHOLD | 1 | |
| Fiserv, Inc. | May 21, 2026 | Election of Directors: Charlotte B. Yarkoni | Director Elections | Board | WITHHOLD | 1 | |
| Fiserv, Inc. | May 21, 2026 | Election of Directors: Henrique de Castro | Director Elections | Board | WITHHOLD | 1 | |
| Fiserv, Inc. | May 21, 2026 | Election of Directors: Wafaa Mamilli | Director Elections | Board | WITHHOLD | 1 | |
| Fiserv, Inc. | May 21, 2026 | To approve, on an advisory basis, the compensation of the named executive officers of Fiserv, Inc. | Say-on-Pay | Board | AGAINST | 1 | |
| Fisher & Paykel Healthcare Corporation Limited | August 21, 2025 | Elect Lisa McIntyre as Director | Director Elections | Board | AGAINST | 1 | |
| Fisher & Paykel Healthcare Corporation Limited | August 21, 2025 | Elect Neville Mitchell as Director | Director Elections | Board | AGAINST | 1 | |
| Flat Glass Group Co., Ltd. | December 9, 2025 | Amend Proceeds Management System | Capital Structure | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Appoint Stefan Paul as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Elect Stefan Paul as Director | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reappoint Beat Schwab as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reappoint Claudia Pletscher as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reappoint Josef Felder as Non-Voting Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reelect Claudia Pletscher as Director | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reelect Corine Mauch as Director | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reelect Josef Felder as Board Chair | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reelect Josef Felder as Director | Director Elections | Board | AGAINST | 1 | |
| Flughafen Zuerich AG | April 17, 2026 | Reelect Stephan Gemkow as Director | Director Elections | Board | AGAINST | 1 | |
| Flywire Corporation | June 2, 2026 | Approve, on a non-binding, advisory basis, the compensation of Flywire Corporation's named executive officers | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Flywire Corporation | June 2, 2026 | Elect three directors to serve as Class II directors until the 2029 Annual Meeting of Stockholders: Alex Finkelstein | Director Elections | Board | WITHHOLD | 1 | |
| Foghorn Therapeutics Inc. | June 24, 2026 | Elect Class III directors each for a three-year term: B. Lynne Parshall | Director Elections | Board | AGAINST | 1 | |
| Foghorn Therapeutics Inc. | June 24, 2026 | Elect Class III directors each for a three-year term: Douglas Cole, M.D. | Director Elections | Board | AGAINST | 1 | |
| Fomento Economico Mexicano SAB de CV | March 27, 2026 | Elect Alejandro Bailleres Gual as Director | Director Elections | Board | AGAINST | 1 | |
| Ford Otomotiv Sanayi AS | November 28, 2025 | Approve Share Capital Increase without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Ford Otomotiv Sanayi AS | November 28, 2025 | Ratify Director Appointment | Director Elections | Board | AGAINST | 1 | |
| Ford Otomotiv Sanayi AS | March 12, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Ford Otomotiv Sanayi AS | March 12, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| Fortescue Ltd. | October 31, 2025 | Approve Grant of Performance Rights to Dino Otranto | Compensation | Board | AGAINST | 1 | |
| Fortescue Ltd. | October 31, 2025 | Approve Issuance of Performance Rights to Agustin Pichot | Compensation | Board | AGAINST | 1 | |
| Fortis Healthcare Limited | March 18, 2026 | Approve Grant of Employee Stock Options to the Eligible Employees of the Associate Company(ies) of the Company under Fortis Healthcare Limited Employees Stock Option Scheme 2026 | Compensation | Board | AGAINST | 1 | |
| Fortis Inc. | May 7, 2026 | Elect Director Gianna M. Manes | Director Elections | Board | WITHHOLD | 1 | |
| Forward Air Corporation | June 17, 2026 | To approve an amendment to the 2025 Omnibus Incentive Compensation plan to increase number of shares of common stock authorized for issuance thereunder. | Compensation | Board | AGAINST | 1 | |
| Foshan Haitian Flavouring & Food Co., Ltd. | September 25, 2025 | Approve 2025 A Share Employee Stock Ownership Scheme (Revised Draft) and Its Summary | Compensation | Board | AGAINST | 1 | |
| Foshan Haitian Flavouring & Food Co., Ltd. | September 25, 2025 | Approve Administrative Measures for the 2025 A Share Employee Stock Ownership Scheme (Revision) | Compensation | Board | AGAINST | 1 | |
| Foshan Haitian Flavouring & Food Co., Ltd. | September 25, 2025 | Authorize Board to Handle Matters in Respect of the 2025 A Share Employee Stock Ownership Scheme | Compensation | Board | AGAINST | 1 | |
| Foshan Haitian Flavouring & Food Co., Ltd. | May 11, 2026 | Approve 2026 A Share Employee Stock Ownership Scheme (Draft) and Its Summary | Compensation | Board | AGAINST | 1 | |
| Foshan Haitian Flavouring & Food Co., Ltd. | May 11, 2026 | Approve Administrative Measures for the 2026 A Share Employee Stock Ownership Scheme | Compensation | Board | AGAINST | 1 | |
| Foshan Haitian Flavouring & Food Co., Ltd. | May 11, 2026 | Authorize the Board of Directors to Handle Matters in Relation to the 2026 A Share Employee Stock Ownership Scheme | Compensation | Board | AGAINST | 1 | |
| Fractal Analytics Ltd. | May 28, 2026 | Approve 2019 Fractal Employees Stock Option Plan | Compensation | Board | AGAINST | 1 | |
| Fractal Analytics Ltd. | May 28, 2026 | Approve Extension of Benefits under 2019 Fractal Employees Stock Option Plan to Employees of Subsidiary Companies | Compensation | Board | AGAINST | 1 | |
| Fresh Del Monte Produce Inc. | June 4, 2026 | Elect two director nominees for a three-year term expiring at the 2029 Annual General Meeting of Shareholders: Michael J. Berthelot | Director Elections | Board | AGAINST | 1 | |
| Fubon Financial Holding Co., Ltd. | June 12, 2026 | Approve Plan to Raise Long-term Capital | Capital Structure | Board | AGAINST | 1 | |
| Fubon Financial Holding Co., Ltd. | June 12, 2026 | Elect Cherng-Ru Tsai, a Representative of Ming Dong Co.,Ltd., as Non-Independent Director | Director Elections | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.