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SEI 2025-2026: where it broke with the board

At least 6,083 proposals in the 2025-2026 proxy season: SEI voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 83 shareholder proposals, by its own Form N-PX filings.

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

6,083 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.

SEI, 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 recommendedSEI votedFunds
LiveWire Group, Inc. May 21, 2026 Elect Kjell Gruner Director Elections Board WITHHOLD 1
LiveWire Group, Inc. May 21, 2026 Elect Paul Krause Director Elections Board WITHHOLD 1
LiveWire Group, Inc. May 21, 2026 Elect William L. Cornog Director Elections Board WITHHOLD 1
Lojas Renner SA April 29, 2026 Request Cumulative Voting Director Elections Board AGAINST 1
Loma Negra Compania Industrial Argentina Sociedad Anonima April 23, 2026 Authority to Set Auditor's Fees Audit-related Board ABSTAIN 1
Loma Negra Compania Industrial Argentina Sociedad Anonima April 23, 2026 Election of Directors; Board Size Director Elections Board ABSTAIN 1
Loma Negra Compania Industrial Argentina Sociedad Anonima April 23, 2026 Election of Supervisory Council Director Elections Board ABSTAIN 1
Loma Negra Compania Industrial Argentina Sociedad Anonima April 23, 2026 Ratification of Directors' Fees Compensation Board AGAINST 1
Louisiana-Pacific Corporation May 1, 2026 Election of Class II Directors: Stephen E. Macadam Director Elections Board AGAINST 1
Lowe's Companies, Inc. May 29, 2026 Advisory vote to approve the Company's named executive officer compensation in fiscal 2025. Say-on-Pay Board AGAINST 1
Lowe's Companies, Inc. May 29, 2026 Elect Sandra B. Cochran Director Elections Board WITHHOLD 1
Lowe's Companies, Inc. May 29, 2026 Shareholder Proposal requesting a report describing how the Company could disclose its plastic packaging footprint. Environment or Climate Shareholder Against FOR 1
Lubelski Wegiel Bogdanka SA May 27, 2026 Remuneration Report Compensation Board AGAINST 1
Lucid Group, Inc. June 4, 2026 Elect Chabi Nouri Director Elections Board WITHHOLD 1
Lucid Group, Inc. June 4, 2026 Elect Nichelle Maynard-Elliott Director Elections Board WITHHOLD 1
Lucid Group, Inc. June 4, 2026 To approve, on an advisory basis, the compensation for our named executive officers as disclosed in our Proxy Statement Say-on-Pay Board AGAINST 1
Lumen Technologies, Inc. May 20, 2026 Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Lumexa Imaging Holdings, Inc. June 10, 2026 To elect three Class I directors to the Board of Directors, each to serve until the Company's 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualified, subject to their earlier death, resignation or removal: Lee Cooper Director Elections Board WITHHOLD 1
Luminar Technologies, Inc. July 3, 2025 To approve an amendment to the Luminar Technologies, Inc. 2020 Amended and Restated Equity Incentive Plan to increase the authorized share reserve. Compensation Board AGAINST 1
Luolai Lifestyle Technology Co Ltd. May 13, 2026 Elect TIAN Zhiwei Director Elections Board AGAINST 1
Luolai Lifestyle Technology Co Ltd. May 13, 2026 Elect XUE Jiachen Director Elections Board AGAINST 1
Lupin Ltd. August 11, 2025 Elect K.B.S. Anand Director Elections Board AGAINST 1
Luyuan Group Holding (Cayman) Limited June 17, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Luyuan Group Holding (Cayman) Limited June 17, 2026 Elect WU Xiaoya Director Elections Board AGAINST 1
Lyft, Inc. June 3, 2026 Elect Deborah A.P. Hersman Director Elections Board WITHHOLD 1
M&T Bank Corporation April 21, 2026 Election of Directors: Denis J. Salamone Director Elections Board AGAINST 1
M-Up Inc. June 29, 2026 Elect Koichiro Mito Director Elections Board AGAINST 1
M-tron Industries, Inc. June 16, 2026 Elect John S. Mega Director Elections Board WITHHOLD 1
M-tron Industries, Inc. June 16, 2026 Elect Marc J. Gabelli Director Elections Board WITHHOLD 1
M.P. Evans Group plc June 12, 2026 Elect Peter E. Hadsley-Chaplin Director Elections Board AGAINST 1
M3, Inc. June 26, 2026 Elect Mayuka Yamazaki @ Mayuka Onishi Director Elections Board AGAINST 1
M31 Technology Corp May 22, 2026 Plan for Long-Term Capital Raising Capital Structure Board AGAINST 1
MAEZAWA KYUSO INDUSTRIES CO., LTD. June 25, 2026 Elect Hiroshi Sugimoto Director Elections Board AGAINST 1
MARUBUN CORPORATION June 25, 2026 Elect Hiroshi Horikoshi Director Elections Board AGAINST 1
MARUFUJI SHEET PILING CO.,LTD. June 26, 2026 Elect Nobuo Hara as Alternate Statutory Auditor Director Elections Board AGAINST 1
MARUFUJI SHEET PILING CO.,LTD. June 26, 2026 Elect Shigeo Hanyu Director Elections Board AGAINST 1
MBB SE June 3, 2026 Elect Christof Nesemeier Director Elections Board AGAINST 1
MBB SE June 3, 2026 Elect Gert-Maria Freimuth Director Elections Board AGAINST 1
MBB SE June 3, 2026 Remuneration Report Compensation Board AGAINST 1
MEDIPAL HOLDINGS CORPORATION June 24, 2026 Elect Shuichi Watanabe Director Elections Board AGAINST 1
MGP Ingredients, Inc. May 13, 2026 Approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
MITANI SANGYO CO.,LTD. June 16, 2026 Elect Hisashi Shimizu as Alternate Statutory Auditor Director Elections Board AGAINST 1
MITANI SANGYO CO.,LTD. June 16, 2026 Elect Tadateru Mitani Director Elections Board AGAINST 1
MITANI SANGYO CO.,LTD. June 16, 2026 Retirement Allowance Compensation Board AGAINST 1
MITSUBISHI MOTORS CORPORATION June 18, 2026 Elect Joji Tagawa Director Elections Board AGAINST 1
MITSUBISHI MOTORS CORPORATION June 18, 2026 Elect Takehiko Kakiuchi Director Elections Board AGAINST 1
MITSUBISHI MOTORS CORPORATION June 18, 2026 Elect Tomofumi Hiraku Director Elections Board AGAINST 1
MIXI, Inc. June 26, 2026 Elect Koki Kimura Director Elections Board AGAINST 1
MLG Oz Limited November 26, 2025 Approve Employee Securities Incentive Plan Compensation Board AGAINST 1
MLG Oz Limited November 26, 2025 Approve Potential Termination (NED Chair Anna Neuling) Capital Structure Board AGAINST 1
MLG Oz Limited November 26, 2025 Approve Potential Termination (NED Garret Dixon) Capital Structure Board AGAINST 1
MLG Oz Limited November 26, 2025 Approve Potential Termination (NED Simon Price) Capital Structure Board AGAINST 1
MLG Oz Limited November 26, 2025 Approve Potential Termination Benefits Compensation Board AGAINST 1
MLG Oz Limited November 26, 2025 Equity Grant (NED Chair Anna Neuling - Options) Compensation Board AGAINST 1
MLG Oz Limited November 26, 2025 Equity Grant (NED Garret Dixon - Options) Capital Structure Board AGAINST 1
MLG Oz Limited November 26, 2025 Equity Grant (NED Simon Price - Options) Capital Structure Board AGAINST 1
MMG Ltd. May 28, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
MMG Ltd. May 28, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
MMG Ltd. May 28, 2026 Elect CAO Liang Director Elections Board AGAINST 1
MMG Ltd. May 28, 2026 Elect LEUNG Cheuk Yan Director Elections Board AGAINST 1
MNRB Holdings Berhad September 26, 2025 Directors' Benefits Compensation Board AGAINST 1
MPlus Corp March 24, 2026 Corporate Auditors' Fees Compensation Board AGAINST 1
MPlus Corp March 24, 2026 Elect KO Gang Ho Director Elections Board AGAINST 1
MSA Safety Incorporated May 8, 2026 To provide an advisory vote to approve the executive compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
MSC Industrial Direct Co., Inc. January 21, 2026 Advisory Vote to Approve Named Executive Officer Compensation: To approve, on an advisory basis, the compensation of MSC's named executive officers. Say-on-Pay Board AGAINST 1
MSCI Inc. April 21, 2026 Election of Directors: Marcus L. Smith Director Elections Board AGAINST 1
MVB Financial Corp. May 19, 2026 To amend the MVB Financial Corp. 2022 Stock Incentive Plan to increase the number of shares authorized for issuance under the Plan. Compensation Board AGAINST 1
Madison Square Garden Entertainment Corp. December 10, 2025 Approval of, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Madison Square Garden Entertainment Corp. December 10, 2025 Elect Donna M. Coleman Director Elections Board WITHHOLD 1
Madison Square Garden Entertainment Corp. December 10, 2025 Elect Frederic V. Salerno Director Elections Board WITHHOLD 1
Madison Square Garden Entertainment Corp. December 10, 2025 Elect Martin N. Bandier Director Elections Board WITHHOLD 1
Maeil Holdings Co. Ltd. March 27, 2026 Elect KWON Tae Hoon Director Elections Board AGAINST 1
Magna International Inc. May 4, 2026 Elect Robert F. MacLellan Director Elections Board WITHHOLD 1
Magnachip Semiconductor Corporation June 11, 2026 Advisory (non-binding) vote to approve the compensation of our named executive officers as set forth in the "Executive Compensation" section in the proxy statement. Say-on-Pay Board AGAINST 1
Magnolia Oil & Gas Corporation May 8, 2026 Election of Director: Arcilia C. Acosta Director Elections Board ABSTAIN 1
MainStreet Bancshares, Inc. May 21, 2026 Vote, on an advisory, non-binding basis, to approve the compensation of the named executive officers Say-on-Pay Board AGAINST 1
Makus Inc March 27, 2026 Elect LEE Dong Guk Director Elections Board AGAINST 1
Malibu Boats, Inc. October 24, 2025 To approve, on an advisory basis, the compensation of the Company's named executive officers Say-on-Pay Board AGAINST 1
Manappuram Finance Ltd. August 14, 2025 Elect Sumitha Nandan Director Elections Board AGAINST 1
Manhattan Associates, Inc. May 14, 2026 Election of Director: Linda T. Hollembaek Director Elections Board AGAINST 1
Manhattan Associates, Inc. May 14, 2026 Non-binding resolution to approve the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
Maoyan Entertainment June 23, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
Maoyan Entertainment June 23, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
MarketAxess Holdings Inc. June 10, 2026 Election of Directors: Carlos M. Hernandez Director Elections Board AGAINST 1
Marriott International, Inc. May 8, 2026 Election of Directors: David S. Marriott Director Elections Board AGAINST 1
Marsh & McLennan Companies, Inc. May 21, 2026 Election of Directors: H. Edward Hanway Director Elections Board AGAINST 1
Marsh & McLennan Companies, Inc. May 21, 2026 Election of Directors: Morton O. Schapiro Director Elections Board AGAINST 1
Martifer SGPS, S.A. May 27, 2026 Accounts and Reports; Remuneration Report Compensation Board AGAINST 1
Martin Marietta Materials, Inc. May 14, 2026 Election of Director: David C. Wajsgras Director Elections Board AGAINST 1
Maruzen CHI Holdings Co., Ltd. April 28, 2026 Elect Shinichi Yoshida Director Elections Board AGAINST 1
Marvell Technology, Inc. June 25, 2026 Election of Directors. Brad W. Buss Director Elections Board AGAINST 1
Marvelous Inc. June 23, 2026 Elect Shin Joon Oh Director Elections Board AGAINST 1
Marvelous Inc. June 23, 2026 Elect Shinichi Terui Director Elections Board AGAINST 1
MasTec, Inc. May 21, 2026 Approval of a non-binding advisory resolution regarding the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
MasTec, Inc. May 21, 2026 Elect Julia L. Johnson Director Elections Board WITHHOLD 1
Masan Group Corporation April 24, 2026 Appointment of Auditor Audit-related Board ABSTAIN 1
Masan Group Corporation April 24, 2026 Approval of ESOP Compensation Board AGAINST 1
Masco Corporation May 8, 2026 Election of Directors: Charles K. Stevens Director Elections Board AGAINST 1
Masco Corporation May 8, 2026 To approve, by non-binding advisory vote, the compensation paid to the Company's named executive officers, as disclosed pursuant to the compensation disclosure rules of the SEC, including the Compensation Discussion and Analysis, the compensation tables and the related materials disclosed in the Proxy Statement. Say-on-Pay Board AGAINST 1
Mastercard Incorporated June 16, 2026 Advisory approval of Mastercard's executive compensation Say-on-Pay Board AGAINST 1

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