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 |
|---|---|---|---|---|---|---|---|
| Seven Hills Realty Trust | June 9, 2026 | Election of Trustees. Nominees (for Independent Trustee in Class I): Ann M. Danner | Director Elections | Board | WITHHOLD | 1 | |
| Seven Hills Realty Trust | June 9, 2026 | Election of Trustees. Nominees (for Independent Trustee in Class I): William A. Lamkin | Director Elections | Board | WITHHOLD | 1 | |
| Shandong Gold Mining Co., Ltd. | September 19, 2025 | Approve Providing Guarantees Between Wholly-Owned Subsidiaries of Shanjin International | Capital Structure | Board | AGAINST | 1 | |
| SharkNinja, Inc. | June 18, 2026 | Election of Directors: Kathryn J. Barton | Director Elections | Board | AGAINST | 1 | |
| Shift4 Payments, Inc. | June 12, 2026 | Approval of the Company's 2026 Employee Stock Purchase Plan. | Compensation | Board | AGAINST | 1 | |
| Shift4 Payments, Inc. | June 12, 2026 | Election of Class III Directors: Jonathan Halkyard | Director Elections | Board | WITHHOLD | 1 | |
| Shift4 Payments, Inc. | June 12, 2026 | Election of Class III Directors: Nancy Disman | Director Elections | Board | WITHHOLD | 1 | |
| Shiseido Co., Ltd. | March 25, 2026 | Elect Director Fujiwara, Kentaro | Director Elections | Board | AGAINST | 1 | |
| Sight Sciences, Inc. | June 4, 2026 | Election of Class II Directors: Gerhard Burbach | Director Elections | Board | WITHHOLD | 1 | |
| Sight Sciences, Inc. | June 4, 2026 | Election of Class II Directors: Staffan Encrantz | Director Elections | Board | WITHHOLD | 1 | |
| Sigma Healthcare Limited | October 22, 2025 | Approve Conditional Spill Resolution (First Remuneration Report) | Compensation | Board | AGAINST | 1 | |
| Sigma Healthcare Limited | October 22, 2025 | Approve Conditional Spill Resolution (Second Remuneration Report) | Compensation | Board | AGAINST | 1 | |
| Silvaco Group, Inc. | April 22, 2026 | Election of 7 Director Nominees: Iliya Pesic | Director Elections | Board | WITHHOLD | 1 | |
| Silvaco Group, Inc. | April 22, 2026 | Election of 7 Director Nominees: Katherine Ngai-Pesic | Director Elections | Board | WITHHOLD | 1 | |
| Silvercrest Asset Management Group Inc. | June 3, 2026 | Approval of executive compensation in an advisory, non-binding vote. | Say-on-Pay | Board | AGAINST | 1 | |
| Silvercrest Asset Management Group Inc. | June 3, 2026 | The election as director of the nominee listed below: Brian D. Dunn | Director Elections | Board | WITHHOLD | 1 | |
| Simcere Pharmaceutical Group Limited | June 12, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Simcere Pharmaceutical Group Limited | June 12, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Simulations Plus, Inc. | February 12, 2026 | Election of Directors: Dr. Walter S. Woltosz | Director Elections | Board | WITHHOLD | 1 | |
| Sinclair, Inc. | June 4, 2026 | Approval, by non-binding advisory vote, on our executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| Skillsoft Corp. | June 25, 2026 | To approve the Second Amendment to the Skillsoft Corp. 2020 Omnibus Incentive Plan to increase the number of shares of common stock available for issuance under thereunder; | Compensation | Board | AGAINST | 1 | |
| Sky Harbour Group Corporation | June 18, 2026 | The Approval of Amendment No. 1 to the Sky Harbour Group Corporation 2022 Incentive Award Plan to increase the number of shares reserved for issuance thereunder from 6,162,937 to 7,662,937 shares of Class A Common Stock. | Compensation | Board | AGAINST | 1 | |
| Skyward Specialty Insurance Group, Inc. | May 5, 2026 | To elect two directors to serve as Class I directors for a three-year term to expire at the 2029 annual meeting of stockholders: Peter C. Hearn | Director Elections | Board | WITHHOLD | 1 | |
| Sleep Number Corporation | May 21, 2026 | Approve Amendment to the Sleep Number Corporation 2020 Equity Incentive Plan to increase the number of shares reserved for issuance by 750,000 shares | Compensation | Board | AGAINST | 1 | |
| Slide Insurance Holdings, Inc. | June 10, 2026 | Election of Director Nominees for a three-year term expiring at the 2029 Annual Meeting: Robert Gries | Director Elections | Board | WITHHOLD | 1 | |
| Smith-Midland Corporation | August 1, 2025 | Election of directors: James Russell Bruner | Director Elections | Board | WITHHOLD | 1 | |
| Smith-Midland Corporation | August 1, 2025 | Election of directors: Richard Gerhardt | Director Elections | Board | WITHHOLD | 1 | |
| Snam S.p.A. | April 29, 2026 | Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Snowflake Inc. | July 2, 2025 | Election of Class II Directors for term expiring in 2028: Michael L. Speiser | Director Elections | Board | WITHHOLD | 1 | |
| Snowflake Inc. | July 2, 2025 | Election of Class II Directors for terms expiring in 2028: Michael L. Speiser | Director Elections | Board | WITHHOLD | 1 | |
| Snowflake Inc. | June 29, 2026 | Election of Class III Directors for terms expiring in 2029: Mark D. McLaughlin | Director Elections | Board | WITHHOLD | 1 | |
| Snowflake Inc. | June 29, 2026 | Election of Class III Directors for terms expiring in 2029: Sridhar Ramaswamy | Director Elections | Board | WITHHOLD | 1 | |
| Snowflake Inc. | June 29, 2026 | Election of Class III Directors for terms expiring in 2029: Teresa Briggs | Director Elections | Board | WITHHOLD | 1 | |
| SolGold Plc | December 30, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Solaris Energy Infrastructure, Inc. | May 15, 2026 | Election of Directors: A. James Teague | Director Elections | Board | WITHHOLD | 1 | |
| Solaris Energy Infrastructure, Inc. | May 15, 2026 | Election of Directors: William A. Zartler | Director Elections | Board | WITHHOLD | 1 | |
| Solaris Resources Inc. | June 30, 2026 | Elect Director Richard W. Warke | Director Elections | Board | WITHHOLD | 1 | |
| Solaris Resources Inc. | June 30, 2026 | Re-approve Stock Option Plan | Compensation | Board | AGAINST | 1 | |
| Solesence, Inc. | August 28, 2025 | Election of Directors: R. Janet Whitmore | Director Elections | Board | WITHHOLD | 1 | |
| Solid Biosciences Inc. | June 10, 2026 | Election of Class II Directors: Adam Stone | Director Elections | Board | WITHHOLD | 1 | |
| Solid Biosciences Inc. | June 10, 2026 | Election of Class II Directors: Clare Kahn | Director Elections | Board | WITHHOLD | 1 | |
| Solid Biosciences Inc. | June 10, 2026 | Election of Class II Directors: Lynne Sullivan | Director Elections | Board | WITHHOLD | 1 | |
| Solid Biosciences Inc. | June 10, 2026 | The approval of an advisory vote on executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| Somnigroup International, Inc. | May 13, 2026 | APPROVAL OF AN AMENDMENT TO THE COMPANY'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 500,000,000 TO 1,000,000,000. | Capital Structure | Board | AGAINST | 1 | |
| Sompo Holdings, Inc. | June 22, 2026 | Elect Director Higashi, Kazuhiro | Director Elections | Board | AGAINST | 1 | |
| Sony Financial Group, Inc. | June 25, 2026 | Elect Director Hayase, Yasuyuki | Director Elections | Board | AGAINST | 1 | |
| SoundHound AI, Inc. | May 22, 2026 | Election of Directors: Diana Sroka | Director Elections | Board | WITHHOLD | 1 | |
| SoundHound AI, Inc. | May 22, 2026 | Election of Directors: Dr. Eric R. Ball | Director Elections | Board | WITHHOLD | 1 | |
| SoundHound AI, Inc. | May 22, 2026 | Election of Directors: Larry Marcus | Director Elections | Board | WITHHOLD | 1 | |
| SoundThinking, Inc. | June 3, 2026 | Election of Class III Directors: Marc Morial | Director Elections | Board | WITHHOLD | 1 | |
| South Plains Financial, Inc. | May 11, 2026 | To elect the following two (2) Class I directors to serve on the Company's board of directors until the Company's 2029 annual meeting of shareholders or until their respective successor or successors are duly elected and qualified or until their earlier death, resignation or removal from office: Richard D. Campbell | Director Elections | Board | AGAINST | 1 | |
| Southern Copper Corporation | May 29, 2026 | Election of Directors: German Larrea Mota-Velasco | Director Elections | Board | WITHHOLD | 1 | |
| Southern Copper Corporation | May 29, 2026 | Election of Directors: Leonardo Contreras Lerdo de Tejada | Director Elections | Board | WITHHOLD | 1 | |
| Spire Global, Inc. | May 27, 2026 | To approve, in an advisory (non-binding) vote, the compensation paid to our named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Spotify Technology S.A. | April 15, 2026 | Election of Directors: Christopher P. Marshall | Director Elections | Board | AGAINST | 1 | |
| Spotify Technology SA | April 15, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 1 | |
| Spyre Therapeutics, Inc. | May 27, 2026 | Election of Class I Directors for terms expiring in 2029: Cameron Turtle, D.Phil. | Director Elections | Board | WITHHOLD | 1 | |
| Spyre Therapeutics, Inc. | May 27, 2026 | Election of Class I Directors for terms expiring in 2029: Mark McKenna | Director Elections | Board | WITHHOLD | 1 | |
| Standard BioTools Inc. | June 17, 2026 | To approve the Standard BioTools Inc. 2026 Equity Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Standard BioTools Inc. | June 17, 2026 | To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the proxy statement. | Say-on-Pay | Board | AGAINST | 1 | |
| Steelcase Inc. | July 9, 2025 | Election of ten nominees to the Board of Directors: Catherine C. B. Schmelter | Director Elections | Board | AGAINST | 1 | |
| Steelcase Inc. | July 9, 2025 | Election of ten nominees to the Board of Directors: Cathy D. Ross | Director Elections | Board | AGAINST | 1 | |
| Steelcase Inc. | July 9, 2025 | Election of ten nominees to the Board of Directors: Connie K. Duckworth | Director Elections | Board | AGAINST | 1 | |
| Steelcase Inc. | July 9, 2025 | Election of ten nominees to the Board of Directors: Timothy C. E. Brown | Director Elections | Board | AGAINST | 1 | |
| Steelcase Inc. | December 5, 2025 | Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Steelcase's named executive officers that is based on or otherwise relates to the mergers contemplated by the Merger Agreement (the "Steelcase compensation proposal"). | Say-on-Pay | Board | AGAINST | 1 | |
| Stoke Therapeutics, Inc. | June 3, 2026 | To approve, on an advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| StoneCo Ltd. | April 23, 2026 | Elect Director Diego Fresco Gutierrez | Director Elections | Board | AGAINST | 1 | |
| StoneCo Ltd. | April 23, 2026 | Elect Director Luciana Ibiapina Lira Aguiar | Director Elections | Board | AGAINST | 1 | |
| StoneCo Ltd. | April 23, 2026 | Elect Director Pedro Zinner | Director Elections | Board | AGAINST | 1 | |
| StoneCo Ltd. | April 23, 2026 | Elect Director Silvio Jose Morais | Director Elections | Board | AGAINST | 1 | |
| Strata Critical Medical, Inc. | May 28, 2026 | Advisory Vote on the Compensation of our Named Executive Officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Strata Critical Medical, Inc. | May 28, 2026 | Elect Class II Directors for terms expiring in 2029: Andrew Lauck | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Brian P. Brooks | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Carl J. Rickertsen | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Gregg J. Winiarski | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Jane A. Dietze | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Jarrod M. Patten | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Michael J. Saylor | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Phong Q. Le | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Stephen X. Graham | Director Elections | Board | WITHHOLD | 1 | |
| Strategy Inc | June 8, 2026 | To ratify, pursuant to Section 204 of the General Corporation Law of the State of Delaware, the filing and effectiveness of the Certificate of Amendment to the Certificate of Designations of the Company's 8.00% Series A Perpetual Strike Preferred Stock filed with the Secretary of State of the State of Delaware on July 7, 2025, and the amendment to the liquidation preference of such stock effectuated thereby. | Capital Structure | Board | AGAINST | 1 | |
| Stratus Properties Inc. | June 1, 2026 | Approval, on an advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Straumann Holding AG | April 17, 2026 | Approve One-Time Retention and Engagement Awards to the Executive Committee in the Amount of CHF 1.2 Million for Fiscal Year 2026 | Compensation | Board | AGAINST | 1 | |
| Stride, Inc. | December 4, 2025 | Approval, on a non-binding advisory basis, of the compensation of the named executive officers of the Company | Say-on-Pay | Board | AGAINST | 1 | |
| Sumitomo Electric Industries Ltd. | June 26, 2026 | Elect Director Inoue, Osamu | Director Elections | Board | AGAINST | 1 | |
| Sumitomo Electric Industries Ltd. | June 26, 2026 | Elect Director Matsumoto, Masayoshi | Director Elections | Board | AGAINST | 1 | |
| Sumitomo Forestry Co., Ltd. | March 27, 2026 | Appoint Statutory Auditor Tetsu, Yoshimasa | Compensation | Board | AGAINST | 1 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Nakashima, Toru | Director Elections | Board | AGAINST | 1 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Takashima, Makoto | Director Elections | Board | AGAINST | 1 | |
| Summit Midstream Corporation | May 7, 2026 | Approval of Advisory Resolution on Executive Compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| Summit Midstream Corporation | May 7, 2026 | Approval of an Amendment to the Corporation's Long-Term Incentive Plan ("LTIP") to increase the number of shares available for issuance. | Compensation | Board | AGAINST | 1 | |
| Sunac China Holdings Limited | May 26, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Sunac China Holdings Limited | May 26, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Sunac China Holdings Limited | May 26, 2026 | Elect Ma Zhixia as Director | Director Elections | Board | AGAINST | 1 | |
| Sunac China Holdings Limited | May 26, 2026 | Elect Sun Hongbin as Director | Director Elections | Board | AGAINST | 1 | |
| Sunac China Holdings Limited | May 26, 2026 | Elect Yuan Zhigang as Director | Director Elections | Board | AGAINST | 1 | |
| Suncor Energy Inc. | May 5, 2026 | Elect Jane L. Peverett | Director Elections | Board | AGAINST | 1 | |
| Sunrise Realty Trust, Inc. | May 26, 2026 | Election of Directors: James Fagan | Director Elections | Board | WITHHOLD | 1 | |
| Super Group (SGHC) Limited | June 25, 2026 | Authorize Market Purchases of Company Shares | Capital Structure | Board | AGAINST | 1 | |
| Surgery Partners, Inc. | June 5, 2026 | Election of Class II Directors: Devin O'Reilly | Director Elections | Board | WITHHOLD | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.