Home › Asset managers › Principal › 2025-2026 › Against the board
3,789 proposals in the 2025-2026 proxy season: Principal voted against, or withheld its votes from, 3,762 proposals put forward by company boards, and voted for 27 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Principal 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
3,789 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Principal voted | Funds |
|---|---|---|---|---|---|---|---|
| Prologis, Inc. | April 28, 2026 | Advisory Vote to Approve the Company's Executive Compensation for 2025. | Say-on-Pay | Board | AGAINST | 1 | |
| Protalix Biotherapeutics, Inc. | June 25, 2026 | NOMINEES: Aharon Schwartz, Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| Protalix Biotherapeutics, Inc. | June 25, 2026 | NOMINEES: Amos Bar Shalev | Director Elections | Board | WITHHOLD | 1 | |
| Protalix Biotherapeutics, Inc. | June 25, 2026 | NOMINEES: Shmuel "Muli" Ben Zvi, Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| Protalix Biotherapeutics, Inc. | June 25, 2026 | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement that accompanies this notice; | Say-on-Pay | Board | AGAINST | 1 | |
| Protara Therapeutics, Inc. | June 12, 2026 | Approval of an amendment to the Protara Therapeutics, Inc. 2024 Equity Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Protara Therapeutics, Inc. | June 12, 2026 | Election of three Class III directors to the Board of Directors of Protara Therapeutics, Inc., each to hold office until the annual meeting of stockholders in 2029: Jesse Shefferman | Director Elections | Board | WITHHOLD | 1 | |
| Provident Bancorp, Inc. | September 16, 2025 | The approval, on an advisory (non-binding) basis, of specified compensation that may become payable to the named executive officers of Provident Bancorp, Inc. in connection with the merger. | Say-on-Pay | Board | AGAINST | 1 | |
| PubMatic, Inc. | May 29, 2026 | Election of Directors: Ramon Jones | Director Elections | Board | WITHHOLD | 1 | |
| PubMatic, Inc. | May 29, 2026 | Election of Directors: Susan Daimler | Director Elections | Board | WITHHOLD | 1 | |
| Public Storage | May 6, 2026 | Election of Trustees: Shankh S. Mitra | Director Elections | Board | AGAINST | 1 | |
| Pulmonx Corporation | June 4, 2026 | Election of Directors: Georgia Garinois-Melenikiotou | Director Elections | Board | WITHHOLD | 1 | |
| Pulmonx Corporation | June 4, 2026 | To conduct a non-binding advisory vote to approve our executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | September 30, 2025 | Subject to approval of Proposal 1, to ratify the grant under the Plan of (i) options to acquire up to 500,000 shares of Common Stock granted to certain Company consultants, and (ii) options to acquire up to 600,000 shares of Common Stock granted to certain Company directors. | Compensation | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | September 30, 2025 | To approve an amendment to the Pulse Biosciences, Inc. 2017 Equity Incentive Plan (the "Plan"), to increase the number of shares of the Company's common stock issuable under the Plan by 2,000,000 shares and to change the Plan's definition of "Consultant." | Compensation | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | December 9, 2025 | Election of Directors: Darrin R. Uecker | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | December 9, 2025 | Election of Directors: Mahkam Zanganeh, D.D.S. | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | December 9, 2025 | Election of Directors: Paul A. LaViolette | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | December 9, 2025 | Election of Directors: Robert W. Duggan | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | June 11, 2026 | Election of Directors: Darrin R. Uecker | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | June 11, 2026 | Election of Directors: Mahkam Zanganeh, D.D.S. | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | June 11, 2026 | Election of Directors: Manmeet S. Soni | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | June 11, 2026 | Election of Directors: Paul A. LaViolette | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | June 11, 2026 | Election of Directors: Richard A. van den Broek | Director Elections | Board | AGAINST | 1 | |
| Pulse Biosciences, Inc. | June 11, 2026 | Election of Directors: Robert W. Duggan | Director Elections | Board | AGAINST | 1 | |
| PulteGroup, Inc. | April 29, 2026 | Election of Directors: Bryce Blair | Director Elections | Board | AGAINST | 1 | |
| 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 | 1 | |
| Qantas Airways Limited | November 7, 2025 | REMUNERATION REPORT | Compensation | Board | AGAINST | 1 | |
| QinetiQ Group plc | July 17, 2025 | Elect Ross McEwan | Director Elections | Board | ABSTAIN | 1 | |
| Quantum Computing Inc. | June 24, 2026 | Approve an amendment to the Company's 2022 Equity and Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Quantum Computing Inc. | June 24, 2026 | Approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement with respect to the Annual Meeting. | Say-on-Pay | Board | AGAINST | 1 | |
| Quantum-Si Incorporated | May 15, 2026 | To approve, by a non-binding, advisory vote, the compensation of our named executive officers, as disclosed in this proxy statement | Say-on-Pay | Board | AGAINST | 1 | |
| Quantum-Si Incorporated | May 15, 2026 | To elect ten directors to serve one-year terms expiring in 2027: Jack Kenny | Director Elections | Board | AGAINST | 1 | |
| RCM Technologies, Inc. | December 18, 2025 | Advisory vote to approve the compensation of our named executive officers for 2024. | Say-on-Pay | Board | AGAINST | 1 | |
| RCM Technologies, Inc. | December 18, 2025 | Approve our 2025 Omnibus Equity Compensation Plan. | Compensation | Board | AGAINST | 1 | |
| REA Group Ltd | October 9, 2025 | Elect Kelly Bayer Rosmarin as Director | Director Elections | Board | AGAINST | 1 | |
| REGENXBIO Inc. | May 29, 2026 | Election of three Class II Directors: Jean Bennett, M.D., Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| REGENXBIO Inc. | May 29, 2026 | To approve a stock option exchange for our executive employees. | Compensation | Board | AGAINST | 1 | |
| REGENXBIO Inc. | May 29, 2026 | To approve a stock option exchange for our non-executive employees. | Compensation | Board | AGAINST | 1 | |
| ROCKWOOL A/S | April 15, 2026 | Approve Remuneration Report (Advisory Vote) | Compensation | Board | AGAINST | 1 | |
| ROCKWOOL A/S | April 15, 2026 | Reelect Carsten Kahler as Director | Director Elections | Board | ABSTAIN | 1 | |
| ROCKWOOL A/S | April 15, 2026 | Reelect Thomas Kahler (Chair) as Director | Director Elections | Board | ABSTAIN | 1 | |
| RUMO SA | April 28, 2026 | Elect Guido Barbosa de Oliveira as Fiscal Council Member and Guilherme Jose de Vasconcelos Cerqueira as Alternate | Compensation | Board | ABSTAIN | 1 | |
| RUMO SA | April 28, 2026 | Elect Marcelo Curti as Fiscal Council Chair | Compensation | Board | ABSTAIN | 1 | |
| RUMO SA | April 28, 2026 | Elect Marcelo Curti as Fiscal Council Member and Moises da Cunha Mouta as Alternate | Compensation | Board | ABSTAIN | 1 | |
| RUMO SA | April 28, 2026 | Elect Paulo Clovis Ayres Filho as Fiscal Council Member and Nadir Dancini Barsanulfo as Alternate | Compensation | Board | ABSTAIN | 1 | |
| RUMO SA | April 28, 2026 | Elect Paulo Roberto Batista Machado as Fiscal Council Member and Daniella Raigorodsky Monteiro as Alternate | Compensation | Board | ABSTAIN | 1 | |
| Ramaco Resources, Inc. | June 10, 2026 | Election of Directors: Bryan H. Lawrence | Director Elections | Board | WITHHOLD | 1 | |
| Ramaco Resources, Inc. | June 10, 2026 | Election of Directors: David E.K. Frischkorn, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| Ramaco Resources, Inc. | June 10, 2026 | To approve an amendment to the Ramaco Resources, Inc. Long-Term Incentive Plan ("LTIP") to increase the number of shares of Class A common stock subject to the LTIP by an additional 4,000,000 shares. | Compensation | Board | AGAINST | 1 | |
| Ranger Energy Services, Inc. | May 15, 2026 | To elect Class II directors to hold office until the 2029 Annual Meeting: Sean Woolverton | Director Elections | Board | WITHHOLD | 1 | |
| Ranger Energy Services, Inc. | May 15, 2026 | To elect Class II directors to hold office until the 2029 Annual Meeting: Stuart N. Bodden | Director Elections | Board | WITHHOLD | 1 | |
| Ranpak Holdings Corp. | May 21, 2026 | Company Proposal - Election of Directors: Victoria Dolan | Director Elections | Board | WITHHOLD | 1 | |
| Rapid7, Inc. | June 9, 2026 | Election of Directors: Jeff Kalowski | Director Elections | Board | WITHHOLD | 1 | |
| Recordati SpA | April 29, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Recruit Holdings Co., Ltd. | June 24, 2026 | Elect Director Idekoba, Hisayuki | Director Elections | Board | AGAINST | 1 | |
| Recruit Holdings Co., Ltd. | June 24, 2026 | Elect Director Minegishi, Masumi | Director Elections | Board | AGAINST | 1 | |
| Recursion Pharmaceuticals, Inc. | June 17, 2026 | Advisory vote to approve executive compensation as disclosed in the 2026 Proxy Statement. | Say-on-Pay | Board | AGAINST | 1 | |
| Recursion Pharmaceuticals, Inc. | June 17, 2026 | Election of Directors: Franziska Michor, Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| Recursion Pharmaceuticals, Inc. | June 17, 2026 | Election of Directors: Najat Khan, Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| Red Cat Holdings, Inc. | June 18, 2026 | A non-binding advisory vote to approve the compensation of the Company's Named Executive Officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Red Cat Holdings, Inc. | June 18, 2026 | Election of five (5) Directors: Christopher R. Moe | Director Elections | Board | WITHHOLD | 1 | |
| Red Cat Holdings, Inc. | June 18, 2026 | Election of five (5) Directors: General (R) Paul E. Funk II | Director Elections | Board | WITHHOLD | 1 | |
| Red Cat Holdings, Inc. | June 18, 2026 | Election of five (5) Directors: Jeffrey M. Thompson | Director Elections | Board | WITHHOLD | 1 | |
| Red Cat Holdings, Inc. | June 18, 2026 | Election of five (5) Directors: Joseph Freedman | Director Elections | Board | WITHHOLD | 1 | |
| Red Cat Holdings, Inc. | June 18, 2026 | Election of five (5) Directors: Nicholas Liuzza Jr. | Director Elections | Board | WITHHOLD | 1 | |
| Reddit, Inc. | June 8, 2026 | Elect Steven O. Newhouse | Director Elections | Board | WITHHOLD | 1 | |
| Reddit, Inc. | June 8, 2026 | Election of Directors: Michael Seibel | Director Elections | Board | WITHHOLD | 1 | |
| Reddit, Inc. | June 8, 2026 | Election of Directors: Robert A. Sauerberg | Director Elections | Board | WITHHOLD | 1 | |
| Reddit, Inc. | June 8, 2026 | Election of Directors: Steven Huffman | Director Elections | Board | WITHHOLD | 1 | |
| Reddit, Inc. | June 8, 2026 | Election of Directors: Steven O. Newhouse | Director Elections | Board | WITHHOLD | 1 | |
| Redwire Corporation | May 20, 2026 | Election of Class II Directors: Reggie Brothers | Director Elections | Board | WITHHOLD | 1 | |
| Reliance Industries Ltd. | July 29, 2025 | Approve Appointment and Remuneration of Anant M. Ambani as Whole-Time Director, designated as an Executive Director | Compensation | Board | AGAINST | 1 | |
| Reliance Industries Ltd. | July 29, 2025 | Approve Reappointment and Remuneration of Hital R. Meswani as Whole-Time Director, designated as an Executive Director | Compensation | Board | AGAINST | 1 | |
| Reliance Industries Ltd. | July 29, 2025 | Elect Dinesh Kanabar as Director | Director Elections | Board | AGAINST | 1 | |
| Reliance Industries Ltd. | August 29, 2025 | Elect Isha M. Ambani as Director | Director Elections | Board | AGAINST | 1 | |
| Reliance Industries Ltd. | August 29, 2025 | Elect Nikhil R. Meswani as Director | Director Elections | Board | AGAINST | 1 | |
| Reliance Industries Ltd. | June 19, 2026 | Elect Akash M. Ambani as Director | Director Elections | Board | AGAINST | 1 | |
| Reliance Industries Ltd. | June 19, 2026 | Elect Anant M. Ambani as Director | Director Elections | Board | AGAINST | 1 | |
| Remitly Global, Inc. | June 10, 2026 | Election of Directors: Nigel Morris | Director Elections | Board | WITHHOLD | 1 | |
| Renault SA | April 30, 2026 | Elect Marie-Jose Donsion | Director Elections | Board | AGAINST | 1 | |
| Replimune Group, Inc. | September 3, 2025 | To approve an amendment to Replimune Group, Inc.'s 2018 Omnibus Incentive Compensation Plan (the "Plan Amendment"). | Compensation | Board | AGAINST | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: A. Scott Trager | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Alejandro M. Sanchez | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Andrew Trager-Kusman | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Ernest W. Marshall, Jr. | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Heather V. Howell | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Jennifer N. Green | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Logan M. Pichel | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Mark A. Vogt | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Steven E. Trager | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Timothy S. Huval | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Vidya Ravichandran | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: W. Kennett Oyler, III | Director Elections | Board | WITHHOLD | 1 | |
| Republic Bancorp, Inc. | April 23, 2026 | Election of Directors: Yoania Cannon | Director Elections | Board | WITHHOLD | 1 | |
| Revolve Group, Inc. | June 5, 2026 | The election of directors: Michael Karanikolas | Director Elections | Board | WITHHOLD | 1 | |
| Revolve Group, Inc. | June 5, 2026 | The election of directors: Michael Mente | Director Elections | Board | WITHHOLD | 1 | |
| Rezolve AI PLC | September 30, 2025 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Rezolve AI PLC | September 30, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Rezolve AI Plc | January 13, 2026 | Authorise Issue of Equity | Capital Structure | Board | AGAINST | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.