Home › Asset managers › Northern Trust › 2025-2026 › Against 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Northern Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| PLDT Inc. | June 9, 2026 | Elect Bernadine T. Siy as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Helen Y. Dee as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Hidetada Hayashi as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect James L. Go as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Kazutoshi Shimizu as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Marilyn A. Victorio-Aquino as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Menardo G. Jimenez, Jr. as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Ray C. Espinosa as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Robert Joseph M. de Claro as Director | Director Elections | Board | WITHHOLD | 2 | |
| PLDT Inc. | June 9, 2026 | Elect Roberto C. Yap, S.J. as Director | Director Elections | Board | WITHHOLD | 2 | |
| POWSZECHNY ZAKLAD UBEZPIECZEN SA | June 18, 2026 | ISSUING AN OPINION ON THE REPORT OF THE SUPERVISORY BOARD OF PZU SA ON THE REMUNERATION OF MEMBERS OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD OF PZU SA FOR 2025 | Say-on-Pay | Board | AGAINST | 2 | |
| PRIO SA | April 17, 2026 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| PROSUS N.V. | August 20, 2025 | TO APPROVE THE DIRECTORS REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 | |
| PT Amman Mineral Internasional Tbk | May 19, 2026 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 2 | |
| PT Amman Mineral Internasional Tbk | May 19, 2026 | Approve Transfer of Shares from the Buyback | Capital Structure | Board | AGAINST | 2 | |
| PT Barito Renewables Energy Tbk | June 24, 2026 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 2 | |
| PT GoTo Gojek Tokopedia Tbk | June 18, 2026 | Amend Articles of Association in Relation to the Increase in the Issued and Paid Up Capital | Capital Structure | Board | AGAINST | 2 | |
| PT GoTo Gojek Tokopedia Tbk | June 18, 2026 | Approve Issuance of New Shares Based on the Share Ownership Program and Delegation of Authority to Commissioners | Compensation | Board | AGAINST | 2 | |
| PTC Inc. | February 11, 2026 | Advisory vote to confirm the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the current fiscal year. | Audit-related | Board | AGAINST | 2 | |
| Pandox AB | April 15, 2026 | Reelect Christian Ringnes as Board Chair | Director Elections | Board | AGAINST | 2 | |
| Pandox AB | April 15, 2026 | Reelect Christian Ringnes as Director | Director Elections | Board | AGAINST | 2 | |
| Pandox AB | April 15, 2026 | Reelect Jakob Iqbal as Director | Director Elections | Board | AGAINST | 2 | |
| Pandox AB | April 15, 2026 | Reelect Jon Rasmus Aurdal as Director | Director Elections | Board | AGAINST | 2 | |
| Pandox AB | April 15, 2026 | Reelect Ulrika Danielsson as Director | Director Elections | Board | AGAINST | 2 | |
| Parque Arauco SA | February 24, 2026 | Amend Articles to Reflect Changes in Capital | Capital Structure | Board | AGAINST | 2 | |
| Parque Arauco SA | February 24, 2026 | Approve Allocation of 10 Percent of Capital Increase for Compensation Plan | Capital Structure | Board | AGAINST | 2 | |
| Parque Arauco SA | February 24, 2026 | Approve Registration of Shares Representing Capital Increase in Securities Registry of Commission for Financial Market (CMF) | Capital Structure | Board | AGAINST | 2 | |
| Parque Arauco SA | February 24, 2026 | Authorize Increase in Capital via Share Issuance in the Amount of CLP 285 Billion | Capital Structure | Board | AGAINST | 2 | |
| Parque Arauco SA | April 15, 2026 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| Patria Investments Limited | September 10, 2025 | Elect Daniel Rizardi Sorrentino as Director | Director Elections | Board | AGAINST | 2 | |
| Peker Gayrimenkul Yatirim Ortakligi AS | June 16, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 2 | |
| Persistent Systems Limited | July 21, 2025 | Approve Reappointment and Remuneration of Sandeep Kalra as Executive Director | Compensation | Board | AGAINST | 2 | |
| Perspective Therapeutics, Inc. | May 27, 2026 | Election of Directors: Heidi Henson | Director Elections | Board | WITHHOLD | 2 | |
| Perspective Therapeutics, Inc. | May 27, 2026 | Election of Directors: Robert Froman Williamson, III | Director Elections | Board | WITHHOLD | 2 | |
| Petco Health and Wellness Company, Inc. | July 24, 2025 | Election of Class II Directors: David Lubek | Director Elections | Board | WITHHOLD | 2 | |
| Petco Health and Wellness Company, Inc. | June 30, 2026 | To approve the Second Amendment to the Company's 2021 Equity Incentive Plan to increase the number of shares of Class A Common Stock authorized for issuance under the plan. | Compensation | Board | AGAINST | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Approve Remuneration of Company's Management, Fiscal Council, and Statutory Advisory Committees | Compensation | Board | AGAINST | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Elect Bruno Moretti as Board Chair | Director Elections | Board | AGAINST | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Fabio Henrique Bittes Terra as Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Jose Fernando Coura as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Magda Maria de Regina Chambriard as Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Marcelo Weick Pogliese as Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Ricardo Baldin as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Petronet Lng Limited | January 10, 2026 | Approve Extension of Tenure and Remuneration of Pramod Narang as Director (Technical) | Compensation | Board | AGAINST | 2 | |
| Petronet Lng Limited | April 4, 2026 | Elect Avantika Singh Aulakh as Director | Director Elections | Board | AGAINST | 2 | |
| Petronet Lng Limited | April 4, 2026 | Elect Neeraj Mittal as Director and Chairman | Director Elections | Board | AGAINST | 2 | |
| Petronet Lng Limited | June 6, 2026 | Elect Deepak Gupta as Nominee Director | Director Elections | Board | AGAINST | 2 | |
| Phillips 66 | May 13, 2026 | Election of four Class III Directors named in this Proxy Statement to hold office until the 2029 Annual Meeting: Gregory J. Hayes | Director Elections | Board | AGAINST | 2 | |
| Ping An Bank Co., Ltd. | December 16, 2025 | Elect Wu Zhipan as Director | Director Elections | Board | AGAINST | 2 | |
| Piotech, Inc. | May 18, 2026 | Approve 2026 Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Plug Power Inc. | July 3, 2025 | The approval of an amendment to the Company's charter to, at the discretion of the Board of Directors, effect a reverse stock split with respect to the Company's issued common stock, including stock held by the Company as treasury shares, at a ratio of not less than 1-for-5 and not more than 1-for-200, with the exact ratio to be determined by the Board of Directors. | Capital Structure | Board | AGAINST | 2 | |
| Plug Power Inc. | June 11, 2026 | Election of Class III Directors: Gary K. Willis | Director Elections | Board | WITHHOLD | 2 | |
| Pony AI Inc. | June 8, 2026 | Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Pony AI Inc. | June 8, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Pony AI Inc. | June 8, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Postal Savings Bank of China Co., Ltd. | June 26, 2026 | Elect Tang Zhihong as Director | Director Elections | Board | AGAINST | 2 | |
| Power Construction Corporation of China, Ltd. | June 17, 2026 | Approve Continue to Authorize the Board of Directors to Make Decisions on the Issuance of Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| Power Construction Corporation of China, Ltd. | June 17, 2026 | Approve Guarantee Plan | Capital Structure | Board | AGAINST | 2 | |
| Power Construction Corporation of China, Ltd. | June 17, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Power Construction Corporation of China, Ltd. | June 17, 2026 | Approve to Formulate the Remuneration Management Measures for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Power Corporation of Canada | May 13, 2026 | Elect Director Andre Desmarais | Director Elections | Board | AGAINST | 2 | |
| Power Corporation of Canada | May 13, 2026 | Elect Director Paul Desmarais, Jr. | Director Elections | Board | AGAINST | 2 | |
| Prashkovsky Investments & Construction Ltd. | July 3, 2025 | Reappoint Horowitz Sabo Tevet & Cohen Tabach - Baker Tilly as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Prashkovsky Investments & Construction Ltd. | July 3, 2025 | Reelect Ramtin Sebty as Director | Director Elections | Board | AGAINST | 2 | |
| Prashkovsky Investments & Construction Ltd. | December 29, 2025 | Approve Updated Employment Terms of Ido Prashkovsky, Relative of Controller | Compensation | Board | AGAINST | 2 | |
| Prashkovsky Investments & Construction Ltd. | February 25, 2026 | Elect Ayelet Haik as External Director | Director Elections | Board | AGAINST | 2 | |
| Primary Health Properties Plc | April 29, 2026 | Re-elect Harry Hyman as Director | Director Elections | Board | AGAINST | 2 | |
| Primerica, Inc. | May 21, 2026 | To elect the following directors: Cynthia N. Day | Director Elections | Board | AGAINST | 2 | |
| Pro-Dex, Inc. | November 20, 2025 | Election of Directors: David C. Hovda | Director Elections | Board | WITHHOLD | 2 | |
| Pro-Dex, Inc. | November 20, 2025 | Election of Directors: Katrina M.K. Philp | Director Elections | Board | WITHHOLD | 2 | |
| Pro-Dex, Inc. | November 20, 2025 | Election of Directors: Nicholas J. Swenson | Director Elections | Board | WITHHOLD | 2 | |
| Pro-Dex, Inc. | November 20, 2025 | Election of Directors: Raymond E. Cabillot | Director Elections | Board | WITHHOLD | 2 | |
| Pro-Dex, Inc. | November 20, 2025 | To amend the 2016 Equity Incentive Plan in order to extend its term for an additional ten years. | Compensation | Board | AGAINST | 2 | |
| Prosus NV | August 20, 2025 | Reelect Steve Pacak as Director | Director Elections | Board | AGAINST | 2 | |
| Protara Therapeutics, Inc. | June 12, 2026 | Approval of an amendment to the Protara Therapeutics, Inc. 2024 Equity Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Proximus SA | April 15, 2026 | Authorize Repurchase of Issued Share Capital | Capital Structure | Board | AGAINST | 2 | |
| Proximus SA | April 15, 2026 | Elect Stefaan Cecile Coune as Director | Director Elections | Board | AGAINST | 2 | |
| Proximus SA | April 15, 2026 | Reelect Audrey Hanard as Director or Appoint Alternative Candidates Nominated by the SFPIM as Board Members | Director Elections | Board | AGAINST | 2 | |
| Proximus SA | April 15, 2026 | Reelect Beatrice de Mahieu as Director | Director Elections | Board | AGAINST | 2 | |
| Proximus SA | April 15, 2026 | Renew Authorization to Increase Share Capital within the Framework of Authorized Capital | Capital Structure | Board | AGAINST | 2 | |
| Prudential Plc | May 28, 2026 | Re-elect Chua Sock Koong as Director | Director Elections | Board | AGAINST | 2 | |
| Prudential Plc | May 28, 2026 | Re-elect George Sartorel as Director | Director Elections | Board | AGAINST | 2 | |
| Prudential Plc | May 28, 2026 | Re-elect Ming Lu as Director | Director Elections | Board | AGAINST | 2 | |
| Public Power Corp. SA | June 22, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Public Power Corp. SA | June 22, 2026 | Approve Profit Sharing Plan | Compensation | Board | AGAINST | 2 | |
| Pulmonx Corporation | June 4, 2026 | Election of Directors: Georgia Garinois-Melenikiotou | Director Elections | Board | WITHHOLD | 2 | |
| Puma Biotechnology, Inc. | June 11, 2026 | Approve an amendment to extend the expiration date until October 4, 2028 of a warrant held by Alan H. Auerbach, as described in the proxy statement. | Capital Structure | Board | AGAINST | 2 | |
| Puma Biotechnology, Inc. | June 11, 2026 | Election of directors to serve for a one-year term: Troy E. Wilson | Director Elections | Board | WITHHOLD | 2 | |
| Punjab National Bank | June 20, 2026 | Approve Appointment of Amit Kumar Srivastava as Executive Director | Compensation | Board | AGAINST | 2 | |
| Punjab National Bank | June 20, 2026 | Approve Extension of M. Paramasivam as Executive Director | Compensation | Board | AGAINST | 2 | |
| Punjab National Bank | June 20, 2026 | Elect D. Anandan as Director | Director Elections | Board | AGAINST | 2 | |
| QIAGEN NV | June 24, 2026 | Reelect Bert van Meurs to Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| QIAGEN NV | June 24, 2026 | Reelect Elizabeth E. Tallett to Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| QIAGEN NV | June 24, 2026 | Reelect Stephen H. Rusckowski to Supervisory Board | Director Elections | Board | AGAINST | 2 | |
| QUBE HOLDINGS LTD | November 20, 2025 | ADOPTION OF THE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 2 |
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Built November 8, 2026 from SEC Form N-PX filings.