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Northern Trust 2025-2026: where it broke with the board

At least 6,093 proposals in the 2025-2026 proxy season: Northern Trust voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 93 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Northern Trust 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

6,093 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.

Northern Trust, 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 recommendedNorthern Trust votedFunds
Focus Media Information Technology Co., Ltd. August 27, 2025 Approve Transaction Price and Payment Manner Extraordinary Transactions Board AGAINST 2
Focus Media Information Technology Co., Ltd. August 27, 2025 Approve Whether this Transaction Constitutes a Major Asset Reorganization, Related-party Transaction, or Restructuring and Listing Extraordinary Transactions Board AGAINST 2
Focus Media Information Technology Co., Ltd. August 27, 2025 Approve the Liability for Breach of Contract for the Transfer of Ownership of the Underlying Assets Extraordinary Transactions Board AGAINST 2
Focus Media Information Technology Co., Ltd. August 27, 2025 Approve the Relevant Entity of Transaction Does Not Exist in Article 12 of Listed Company Supervision Guidelines No. 7 and Article 30 of the Guidelines for Self-regulatory Supervision No. 8 Extraordinary Transactions Board AGAINST 2
Focus Media Information Technology Co., Ltd. June 10, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 2
Focus Media Information Technology Co., Ltd. June 10, 2026 Approve Use of Funds to Purchase Financial Products Extraordinary Transactions Board AGAINST 2
Foghorn Therapeutics Inc. June 24, 2026 Elect Class III directors each for a three-year term: Douglas Cole, M.D. Director Elections Board AGAINST 2
Fomento Economico Mexicano SAB de CV March 27, 2026 Elect Alejandro Bailleres Gual as Director Director Elections Board AGAINST 2
Ford Otomotiv Sanayi AS November 28, 2025 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 2
Ford Otomotiv Sanayi AS November 28, 2025 Ratify Director Appointment Director Elections Board AGAINST 2
Ford Otomotiv Sanayi AS March 12, 2026 Approve Director Remuneration Compensation Board AGAINST 2
Ford Otomotiv Sanayi AS March 12, 2026 Elect Directors Director Elections Board AGAINST 2
Fortis Healthcare Limited March 18, 2026 Approve Fortis Healthcare Limited Employees Stock Option Scheme 2026 Compensation Board AGAINST 2
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 2
Fortis Healthcare Limited March 18, 2026 Approve Grant of Employee Stock Options to the Eligible Employees of the Subsidiary Company(ies) of the Company under Fortis Healthcare Limited Employees Stock Option Scheme 2026 Compensation Board AGAINST 2
Fortis Inc. May 7, 2026 Elect Director Donald R. Marchand Director Elections Board WITHHOLD 2
Fortis Inc. May 7, 2026 Elect Director Gianna M. Manes Director Elections Board WITHHOLD 2
Fortis Inc. May 7, 2026 Elect Director Gregory E. Knight Director Elections Board WITHHOLD 2
Fortis Inc. May 7, 2026 Elect Director Jo Mark Zurel Director Elections Board WITHHOLD 2
Fortis Inc. May 7, 2026 Elect Director Julie A. Dobson Director Elections Board WITHHOLD 2
Fortis Inc. May 7, 2026 Elect Director Lisa L. Durocher Director Elections Board WITHHOLD 2
Fortis Inc. May 7, 2026 Elect Director Pierre J. Blouin Director Elections Board WITHHOLD 2
Fortress Real Estate Investments Ltd. December 1, 2025 Approve Amendments to the Rules of the Conditional Share Plan Compensation Board AGAINST 2
Fortress Real Estate Investments Ltd. December 1, 2025 Approve Non-Executive Directors' Additional Special Payments Compensation Board AGAINST 2
Fortune Electric Co., Ltd. June 12, 2026 Elect Hu, Len-Kuo as Independent Director Director Elections Board AGAINST 2
Forum Energy Technologies, Inc. May 8, 2026 Election of Directors: John A. Carrig Director Elections Board WITHHOLD 2
Fox Factory Holding Corp. May 8, 2026 Election of Directors (term expires in 2029): Elizabeth A. Fetter Director Elections Board WITHHOLD 2
Fresnillo Plc May 19, 2026 Re-elect Alejandro Bailleres as Director Director Elections Board AGAINST 2
Fubon Financial Holding Co., Ltd. June 12, 2026 Approve Plan to Raise Long-term Capital Capital Structure Board AGAINST 2
Fuji Corp. (Machinery) June 26, 2026 Elect Director Isozumi, Joji Director Elections Board AGAINST 2
GAIL (India) Limited August 29, 2025 Elect Akhilesh Jain as Director Director Elections Board AGAINST 2
GAIL (India) Limited August 29, 2025 Elect Kamini Chauhan Ratan as Director Director Elections Board AGAINST 2
GAIL (India) Limited August 29, 2025 Elect Kangabam Inaocha Devi as Director Director Elections Board AGAINST 2
GAIL (India) Limited August 29, 2025 Elect Sanjay Kashyap as Director Director Elections Board AGAINST 2
GAIL (India) Limited August 29, 2025 Reelect Rakesh Kumar Jain as Director Director Elections Board AGAINST 2
GAIL (India) Limited August 29, 2025 Reelect Sanjay Kumar as Director Director Elections Board AGAINST 2
GCL Technology Holdings Limited May 29, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
GCL Technology Holdings Limited May 29, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
GCL Technology Holdings Limited May 29, 2026 Elect Shen Wenzhong as Director Director Elections Board AGAINST 2
GCL Technology Holdings Limited May 29, 2026 Elect Zhu Yufeng as Director Director Elections Board AGAINST 2
GDS Holdings Limited March 10, 2026 Amend Articles of Association to Increase Voting Power Attached to Class B Ordinary Shares Held by William Wei Huang Capital Structure Board AGAINST 2
GE Healthcare Technologies, Inc. May 7, 2026 Election of Directors: Kevin A. Lobo Director Elections Board AGAINST 2
GE Vernova T&D India Limited September 10, 2025 Reelect Sanjay Sagar as Independent Director Director Elections Board AGAINST 2
GEA Group AG April 29, 2026 Reelect Hans Kempf to the Supervisory Board Director Elections Board AGAINST 2
GEK Terna SA June 16, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 2
GEK Terna SA June 16, 2026 Authorize Share Capital Increase and/or Issuance of Convertible Bonds without Preemptive Rights Capital Structure Board AGAINST 2
GEM Co., Ltd. May 20, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 2
GENERATION DEVELOPMENT GROUP LTD November 20, 2025 REMUNERATION REPORT Say-on-Pay Board AGAINST 2
GF Securities Co., Ltd. November 26, 2025 Approve Grant of General Mandate to Issue H Shares to the Board Capital Structure Board AGAINST 2
GFL Environmental Inc. May 13, 2026 Re-approve Deferred Share Unit Plan Compensation Board AGAINST 2
GREENE COUNTY BANCORP, INC. November 1, 2025 To consider and approve a non-binding advisory resolution regarding the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 2
GRIFOLS, SA June 17, 2026 ADVISORY VOTE ON REMUNERATION REPORT Say-on-Pay Board AGAINST 2
GROWGENERATION CORP. June 18, 2026 To provide an advisory vote to approve the compensation paid to the Company's named executive officers pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Say-on-Pay"). Say-on-Pay Board AGAINST 2
GXO Logistics, Inc. May 20, 2026 Advisory Vote to Approve Executive Compensation To conduct an advisory vote to approve the executive compensation of the company's named executive officers ("NEOs") as disclosed in this Proxy Statement. Say-on-Pay Board AGAINST 2
Galderma Group AG April 22, 2026 Reelect Flemming Ornskov as Director Director Elections Board AGAINST 2
Games Workshop Group Plc September 17, 2025 Re-elect Mark Lam as Director Director Elections Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. March 11, 2026 Approve Forecast Amount of External Guarantees by the Company and Its Subsidiaries Capital Structure Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. March 11, 2026 Approve Proposed Investment in Wealth Management Products with Self-owned Funds Extraordinary Transactions Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. March 11, 2026 Approve Proposed Provision of Guarantees to Associates Capital Structure Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. March 11, 2026 Approve Proposed Provision of Guarantees to Luyuan Mining Investment (Hong Kong) Co., Ltd. Capital Structure Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. March 11, 2026 Approve Proposed Provision of Guarantees to Mt. Marion Lithium Pty Ltd Capital Structure Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. May 20, 2026 Approve General Mandate to Issue Domestic and Overseas Bond Products Capital Structure Board AGAINST 2
Ganfeng Lithium Group Co., Ltd. May 20, 2026 Approve Grant of General Mandate to the Board Capital Structure Board AGAINST 2
Gaztransport & Technigaz SA June 16, 2026 Approve Remuneration Policy of Chairman of the Board from January 5, 2026 Compensation Board AGAINST 2
Geberit AG April 15, 2026 Reappoint Eunice Zehnder-Lai as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 2
Geberit AG April 15, 2026 Reappoint Thomas Bachmann as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 2
Geberit AG April 15, 2026 Reappoint Werner Karlen as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 2
Geberit AG April 15, 2026 Reelect Eunice Zehnder-Lai as Director Director Elections Board AGAINST 2
Geberit AG April 15, 2026 Reelect Thomas Bachmann as Director Director Elections Board AGAINST 2
Geberit AG April 15, 2026 Reelect Werner Karlen as Director Director Elections Board AGAINST 2
Geely Automobile Holdings Limited June 1, 2026 Elect Li Dong Hui, Daniel as Director Director Elections Board AGAINST 2
Generac Holdings Inc. June 11, 2026 Election of Class II Directors: Bennett J. Morgan Director Elections Board AGAINST 2
General Motors Company June 2, 2026 Election of Directors: Judith A. Miscik Director Elections Board AGAINST 2
General Motors Company June 2, 2026 Proposal to Approve Amendment No. 2 to the Company's 2020 Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder Compensation Board AGAINST 2
General Motors Company June 2, 2026 Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples Human Rights or Human Capital/workforce Shareholder Against FOR 2
Genius Sports Limited December 10, 2025 Re-elect Daniel Burns as Director Director Elections Board AGAINST 2
Genmab A/S March 19, 2026 Approve Remuneration of Directors in the Amount of DKK 1.2 Million for Chair, DKK 900,000 for Vice Chair, and DKK 600,000 for Other Directors; Approve Remuneration for Committee Work Compensation Board AGAINST 2
Genmab A/S March 19, 2026 Reelect Anders Gersel Pedersen as Director Director Elections Board ABSTAIN 2
Genscript Biotech Corp. June 5, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Genscript Biotech Corp. June 5, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Genscript Biotech Corp. June 5, 2026 Elect Jiange Meng as Director Director Elections Board AGAINST 2
Genting Singapore Limited April 15, 2026 Approve Grant of Awards Under the Genting Singapore Performance Share Scheme Compensation Board AGAINST 2
Getinge AB April 21, 2026 Reelect Carl Bennet as Director Director Elections Board AGAINST 2
Getinge AB April 21, 2026 Reelect Dan Frohm as Director Director Elections Board AGAINST 2
Getinge AB April 21, 2026 Reelect Johan Bygge as Director Director Elections Board AGAINST 2
GigaDevice Semiconductor Inc. April 24, 2026 Approve General Mandate for the Issue of New H Shares, Sale and/or Transfer of Treasury Shares Capital Structure Board AGAINST 2
Glaukos Corporation May 28, 2026 Election of Directors: Denice M. Torres Director Elections Board WITHHOLD 2
Global One Real Estate Investment Corp. December 12, 2025 Elect Supervisory Director Morita, Yasuhiro Director Elections Board AGAINST 2
Global Payments Inc. April 30, 2026 Approval, on an advisory basis, of the compensation of the company's named executive officers for 2025. Say-on-Pay Board AGAINST 2
Global Payments Inc. April 30, 2026 Ratification of the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the year ending December 31, 2026. Audit-related Board AGAINST 2
Globus Medical, Inc. June 3, 2026 Approval of an amendment to the Globus Medical, Inc. 2021 Equity Incentive Plan to increase the number of authorized shares thereunder by 1,000,000. Compensation Board AGAINST 2
GoerTek Inc. October 30, 2025 Elect Jiang Fuxiu as Director Director Elections Board AGAINST 2
GoerTek Inc. October 30, 2025 Elect Jiang Long as Director Director Elections Board AGAINST 2
GoerTek Inc. June 25, 2026 Approve Capital Injection Extraordinary Transactions Board AGAINST 2
Golar LNG Limited May 19, 2026 Elect Director Benoit de la Fouchardiere Director Elections Board AGAINST 2
Golar LNG Limited May 19, 2026 Elect Director Tor Olav Troim Director Elections Board AGAINST 2
Gold Circuit Electronics Ltd. May 29, 2026 Approve Issuance of Shares via a Private Placement Capital Structure Board AGAINST 2
Golden Agri-Resources Ltd. April 24, 2026 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 2
Goldwind Science & Technology Co., Ltd. July 18, 2025 Approve Provision of Full Guarantees and to Issue Letters of Guarantee on Behalf of Majority-owned Subsidiaries in South Africa Capital Structure Board AGAINST 2
Goldwind Science & Technology Co., Ltd. June 16, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as PRC auditor and Deloitte Touche Tohmatsu as International Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2

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