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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
Multitude AG April 24, 2026 Elect Ari Tiukkanen as Board Chair Director Elections Board AGAINST 1
Multitude AG April 24, 2026 Elect Lea Liigus Director Elections Board AGAINST 1
Multitude AG April 24, 2026 Executive Compensation (Total) Compensation Board AGAINST 1
Mycronic AB May 6, 2026 Elect Anna Belfrage Director Elections Board AGAINST 1
Mycronic AB May 6, 2026 Elect Staffan Dahlstrom Director Elections Board AGAINST 1
Mycronic AB May 6, 2026 Remuneration Report Compensation Board AGAINST 1
N-able, Inc. May 28, 2026 Elect Michael J. Bingle Director Elections Board WITHHOLD 1
NACHI-FUJIKOSHI CORP. February 25, 2026 Elect Hiroo Homma Director Elections Board AGAINST 1
NAKAMURAYA CO.,LTD. June 26, 2026 Elect Hiroyuki Shimada Director Elections Board AGAINST 1
NAKAMURAYA CO.,LTD. June 26, 2026 Elect Katsunori Hashimoto as Alternate Statutory Auditor Director Elections Board AGAINST 1
NCsoft Corporation March 26, 2026 Directors' Fees Compensation Board AGAINST 1
NHPC Ltd August 30, 2025 Elect Suprakash Adhikari Director Elections Board AGAINST 1
NI Holdings, Inc. May 19, 2026 Election of Directors: William R. Devlin Director Elections Board WITHHOLD 1
NICHIREKI GROUP CO.,LTD. June 26, 2026 Elect Masaaki Nohara Director Elections Board AGAINST 1
NIHON NOHYAKU CO., LTD. June 17, 2026 Elect Hideo Yamamoto Director Elections Board AGAINST 1
NIPPON KANZAI Holdings Co.,Ltd. June 24, 2026 Elect Shintaro Fukuda Director Elections Board AGAINST 1
NIPPON KANZAI Holdings Co.,Ltd. June 24, 2026 Elect Yasuyuki Takada Director Elections Board AGAINST 1
NIPPON PAINT HOLDINGS CO.,LTD. March 27, 2026 Elect Hisashi Hara Director Elections Board AGAINST 1
NIPRO CORPORATION June 26, 2026 Elect Yoshihiko Sano Director Elections Board AGAINST 1
NIPRO CORPORATION June 26, 2026 Retirement Allowance Compensation Board AGAINST 1
NISSAN TOKYO SALES HOLDINGS CO., LTD. June 25, 2026 Elect Akira Takebayashi Director Elections Board AGAINST 1
NISSO HOLDINGS Co., Ltd. June 24, 2026 Elect Ryuichi Shimizu Director Elections Board AGAINST 1
NITTO FUJI FLOUR MILLING CO.,LTD. June 26, 2026 Elect Goro Seo Director Elections Board AGAINST 1
NITTOSEIKO CO.,LTD. March 26, 2026 Elect Masami Zaiki Director Elections Board AGAINST 1
NL Industries, Inc. May 14, 2026 Election of Directors: Cecil H. Moore, Jr. Director Elections Board WITHHOLD 1
NMI Holdings, Inc. May 14, 2026 Advisory approval of NMI Holdings, Inc.'s executive compensation. Say-on-Pay Board AGAINST 1
NNN REIT, Inc. May 12, 2026 Non-binding advisory approval of the compensation of our named executive officers as described in this Proxy Statement. Say-on-Pay Board AGAINST 1
NOK CORPORATION June 25, 2026 Elect Atsushi Kajitani Director Elections Board AGAINST 1
NOK CORPORATION June 25, 2026 Elect Kazushige Hayashi Director Elections Board AGAINST 1
NOK CORPORATION June 25, 2026 Elect Masao Tsuru Director Elections Board AGAINST 1
NORITZ CORPORATION March 27, 2026 Elect Naoki Hirano as Audit Committee Director Director Elections Board AGAINST 1
NORITZ CORPORATION March 27, 2026 Elect Satoshi Haramaki Director Elections Board AGAINST 1
NRG Energy, Inc. April 30, 2026 Election of Directors: Antonio Carrillo Director Elections Board AGAINST 1
NRJ Group SA May 19, 2026 Elect Antoine Giscard D'Estaing Director Elections Board AGAINST 1
NRJ Group SA May 19, 2026 Employee Stock Purchase Plan Compensation Board AGAINST 1
NRW Holdings Limited April 28, 2026 Equity Grant (MD/CEO Julian Pemberton) Compensation Board AGAINST 1
NV Bekaert SA May 13, 2026 Elect Toralf Haag to the Board of Directors Director Elections Board AGAINST 1
NVIDIA Corporation June 24, 2026 Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the use of our sold products. Environment or Climate Shareholder Against FOR 1
NVR, Inc. May 7, 2026 Advisory vote to approve compensation paid to certain executive officers. Say-on-Pay Board AGAINST 1
NVR, Inc. May 7, 2026 Election of Directors: David A. Preiser Director Elections Board AGAINST 1
NVR, Inc. May 7, 2026 Election of Directors: George R. Oliver Director Elections Board AGAINST 1
NVR, Inc. May 7, 2026 Election of Directors: Mel Martinez Director Elections Board AGAINST 1
NVR, Inc. May 7, 2026 Election of Directors: Paul C. Saville Director Elections Board AGAINST 1
NVR, Inc. May 7, 2026 Election of Directors: Susan Williamson Ross Director Elections Board AGAINST 1
Napco Security Technologies, Inc. December 8, 2025 Election of Directors: David Paterson Director Elections Board ABSTAIN 1
Narayana Hrudayalaya Ltd. August 29, 2025 Revision of Remuneration of Devi Prasad Shetty (Whole-time Director) Compensation Board AGAINST 1
Nasdaq, Inc. June 10, 2026 Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement. Say-on-Pay Board AGAINST 1
Natera, Inc. June 11, 2026 Elect Eric H. Rubin Director Elections Board WITHHOLD 1
Natera, Inc. June 11, 2026 To approve, on an advisory (non-binding) basis, the compensation of Natera, Inc.'s named executive officers as disclosed in the proxy statement. Say-on-Pay Board AGAINST 1
National Atomic Company Kazatomprom JSC October 20, 2025 Approval of Letter Agreement Capital Structure Board ABSTAIN 1
National Bank Holdings Corporation May 7, 2026 Elect Ralph W. Clermont Director Elections Board WITHHOLD 1
National Bank Of RAS Al-Khaimah PSC March 2, 2026 Appointment of Auditor and Authority to Set Fees Audit-related Board ABSTAIN 1
National Bank Of RAS Al-Khaimah PSC March 2, 2026 Directors' Fees Compensation Board ABSTAIN 1
National Beverage Corp. October 3, 2025 Election of Directors: Stanley M. Sheridan Director Elections Board ABSTAIN 1
National CineMedia, Inc. May 7, 2026 Election of Directors: Nicholas Bell Director Elections Board WITHHOLD 1
National Fuel Gas Company March 12, 2026 Elect Rebecca Ranich Director Elections Board WITHHOLD 1
Natura Cosmeticos SA October 31, 2025 Request Establishment of Supervisory Council Director Elections Board ABSTAIN 1
Natura Cosmeticos SA April 29, 2026 Remuneration Policy Compensation Board AGAINST 1
Natura Cosmeticos SA April 29, 2026 Request Cumulative Voting Director Elections Board AGAINST 1
Natura Cosmeticos SA April 29, 2026 Request Establishment of Supervisory Council Director Elections Board ABSTAIN 1
Natura Cosmeticos SA April 29, 2026 Request Separate Election for Board Member Director Elections Board ABSTAIN 1
Natural Food International Holding Limited May 22, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
Natural Food International Holding Limited May 22, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Navient Corporation June 4, 2026 Approve, in a non-binding advisory vote, the compensation paid to Navient-named executive officers. Say-on-Pay Board AGAINST 1
Navigator Company S.A. May 27, 2026 Accounts and Reports; Remuneration Report Compensation Board AGAINST 1
Navigator Company S.A. May 27, 2026 Remuneration Policy Compensation Board AGAINST 1
Nawi Group Ltd January 27, 2026 Compensation Policy Compensation Board AGAINST 1
Neogen Corporation October 23, 2025 To Approve, On An Advisory Basis, The Compensation of Named Executive Officers. Say-on-Pay Board AGAINST 1
Neonode Inc. June 17, 2026 Elect Per Lofgren Director Elections Board WITHHOLD 1
Neonode Inc. June 17, 2026 Elect Peter Lindell Director Elections Board WITHHOLD 1
NetApp, Inc. September 10, 2025 Election of Directors: T. Michael Nevens Director Elections Board AGAINST 1
NetDragon Websoft Holdings Limited June 1, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
NetDragon Websoft Holdings Limited June 1, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
NetDragon Websoft Holdings Limited June 1, 2026 Elect Matthias LI Sing Chung Director Elections Board AGAINST 1
NetDragon Websoft Holdings Limited June 1, 2026 Elect Thomas LIU Sai Keung Director Elections Board AGAINST 1
NetDragon Websoft Holdings Limited June 1, 2026 Elect William LO Wing Yan Director Elections Board AGAINST 1
Netflix, Inc. June 4, 2026 Ratification of appointment of independent registered public accounting firm. Audit-related Board AGAINST 1
Neto M.E. Holdings Ltd. July 15, 2025 Base Salary Increase of CEO Compensation Board AGAINST 1
Neto M.E. Holdings Ltd. July 15, 2025 Compensation Policy Compensation Board AGAINST 1
Neto M.E. Holdings Ltd. July 15, 2025 Elect David Zarenchnsqui Director Elections Board AGAINST 1
Neurocrine Biosciences, Inc. May 27, 2026 To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 1
Neurones S.A. June 4, 2026 Authority to Increase Capital in Case of Exchange Offers Capital Structure Board AGAINST 1
Neurones S.A. June 4, 2026 Authority to Increase Capital in Consideration for Contributions In Kind Capital Structure Board AGAINST 1
Neurones S.A. June 4, 2026 Authority to Issue Shares and Convertible Debt Through Private Placement Capital Structure Board AGAINST 1
Neurones S.A. June 4, 2026 Authority to Issue Shares and Convertible Debt w/ Preemptive Rights and to Increase Capital Through Capitalisations Capital Structure Board AGAINST 1
Neurones S.A. June 4, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Neurones S.A. June 4, 2026 Elect Herve Pichard Director Elections Board AGAINST 1
Neurones S.A. June 4, 2026 Elect Jean-Louis Pacquement Director Elections Board AGAINST 1
Neurones S.A. June 4, 2026 Elect Luc de Chammard Director Elections Board AGAINST 1
Neurones S.A. June 4, 2026 Greenshoe Capital Structure Board AGAINST 1
Neuronetics, Inc. May 28, 2026 Approval of the Neuronetics, Inc. 2026 Equity Incentive Plan. Compensation Board AGAINST 1
Neuronetics, Inc. May 28, 2026 Elect Sasha Cucuz Director Elections Board WITHHOLD 1
Neusoft Corporation March 2, 2026 2026 EMPLOYEE STOCK OWNERSHIP PLAN (DRAFT) AND ITS SUMMARY Compensation Board AGAINST 1
Neusoft Corporation May 26, 2026 Elect LIU Jiren Director Elections Board AGAINST 1
Neusoft Corporation May 26, 2026 Elect RONG Xinjie Director Elections Board AGAINST 1
New Fortress Energy Inc. June 17, 2026 Elect Katherine Wanner Director Elections Board WITHHOLD 1
New Hope Service Holdings Limited June 16, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
New Hope Service Holdings Limited June 16, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
New Times Corporation Limited June 23, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
New Times Corporation Limited June 23, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1

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