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Vanguard 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Vanguard voted AGAINST or withheld on, and a shareholder proposal it voted FOR. 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

6,031 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.

Vanguard, 2025-2026 proxy season. Who put a proposal on the ballot is taken from its N-PX category; see the method note on the overview page.
CompanyMeetingProposalCategory On the ballot fromVanguard votedFunds
Insignia Financial Ltd. 2025-11-20 Elect Stephen Mayne as Director Director Elections Board AGAINST 7
International Container Terminal Services, Inc. 2026-04-16 Approve Cancellation of Remaining Unissued Preferred A Shares after Conversion Capital Structure Board AGAINST 7
International Container Terminal Services, Inc. 2026-04-16 Approve Chief Executive Officer Stock Option Plan (CSOP) Compensation Board AGAINST 7
International Container Terminal Services, Inc. 2026-04-16 Approve Creation of Preferred C Shares and Conversion of Unissued Preferred A Shares to Preferred C Shares Capital Structure Board AGAINST 7
International Container Terminal Services, Inc. 2026-04-16 Approve Decrease of Authorized Capital Stock Capital Structure Board AGAINST 7
International Container Terminal Services, Inc. 2026-04-16 Elect Andres Soriano III as Director Director Elections Board ABSTAIN 7
International Container Terminal Services, Inc. 2026-04-16 Elect Jose C. Ibazeta as Director Director Elections Board ABSTAIN 7
International Container Terminal Services, Inc. 2026-04-16 Elect Martin O'Neil as Director Director Elections Board ABSTAIN 7
International Container Terminal Services, Inc. 2026-04-16 Elect Stephen A. Paradies as Director Director Elections Board ABSTAIN 7
Interpump Group SpA 2026-04-30 Approve Second Section of the Remuneration Report Compensation Board AGAINST 7
Is Gayrimenkul Yatirim Ortakligi AS 2026-03-24 Approve Director Remuneration Compensation Board AGAINST 7
Is Gayrimenkul Yatirim Ortakligi AS 2026-03-24 Elect Directors Director Elections Board AGAINST 7
Is Yatirim Menkul Degerler AS 2026-03-30 Approve Director Remuneration Compensation Board AGAINST 7
Is Yatirim Menkul Degerler AS 2026-03-30 Elect Directors Director Elections Board AGAINST 7
Islandsbanki hf 2026-03-19 Approve Amendment of Remuneration Policy Compensation Board AGAINST 7
Israel Discount Bank Ltd. 2025-09-15 Elect Esti Peshin as Director Director Elections Board ABSTAIN 7
Israel Discount Bank Ltd. 2025-09-15 Elect Gur Nabel as External Director Director Elections Board ABSTAIN 7
JANUS HENDERSON GROUP PLC 2026-04-16 To approve, on a non-binding advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the merger. Compensation Board AGAINST 7
JTEKT Corp. 2026-06-25 Appoint Statutory Auditor Matsui, Yasushi Compensation Board AGAINST 7
JTEKT Corp. 2026-06-25 Appoint Statutory Auditor Sano, Makoto Compensation Board AGAINST 7
Jiangxi Copper Company Limited 2025-10-28 Amend Rules for the Management on the Use of Proceeds Capital Structure Board AGAINST 7
Jumbo SA 2025-07-09 Advisory Vote on Remuneration Report Compensation Board AGAINST 7
Jumbo SA 2025-07-09 Elect Fotios Tzigkos as Director Director Elections Board AGAINST 7
KEMPER CORPORATION 2026-05-06 Advisory vote to ratify the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026. Audit-related Board AGAINST 7
KEMPER CORPORATION 2026-05-06 Election of Director: Gerald Laderman Director Elections Board AGAINST 7
KEMPER CORPORATION 2026-05-06 Election of Director: Jason N. Gorevic Director Elections Board AGAINST 7
KEMPER CORPORATION 2026-05-06 Election of Director: Stuart B. Parker Director Elections Board AGAINST 7
KEMPER CORPORATION 2026-05-06 Election of Director: Susan D. Whiting Director Elections Board AGAINST 7
KEMPER CORPORATION 2026-05-06 Election of Director: Teresa A. Canida Director Elections Board AGAINST 7
Kamigumi Co., Ltd. 2026-06-26 Elect Director Tahara, Norihito Director Elections Board AGAINST 7
Keihanshin Building Co., Ltd. 2026-06-19 Repurchase Shares from Specific Shareholders Capital Structure Board AGAINST 7
Keppel Ltd. 2026-04-17 Elect Olivier Blum as Director Director Elections Board AGAINST 7
Kering SA 2025-09-09 Approve Remuneration Policy of CEO for the 2025 Fiscal Year, from September 15 to December 31 Compensation Board AGAINST 7
Kesko Oyj 2026-03-26 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 7
Kissei Pharmaceutical Co., Ltd. 2026-06-23 Appoint Statutory Auditor Kikuchi, Shinji Compensation Board AGAINST 7
Kissei Pharmaceutical Co., Ltd. 2026-06-23 Elect Director Miyazawa, Keiji Director Elections Board AGAINST 7
Kobayashi Pharmaceutical Co., Ltd. 2026-03-27 Appoint Shareholder Statutory Auditor Nominee Kawaguchi, Hitoshi Audit-related Board ABSTAIN 7
Kohnan Shoji Co., Ltd. 2026-05-28 Elect Director Hikida, Naotaro Director Elections Board AGAINST 7
Komercni banka as 2026-04-23 Approve Remuneration Report Compensation Board AGAINST 7
Korea Investment Holdings Co., Ltd. 2026-03-27 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 7
Krung Thai Bank Public Co., Ltd. 2026-04-03 Approve EY Company Limited as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 7
Kusuri No Aoki Holdings Co., Ltd. 2025-08-19 Remove Incumbent Director Aoki, Hironori Director Elections Board AGAINST 7
Kusuri No Aoki Holdings Co., Ltd. 2025-08-19 Remove Incumbent Director Aoki, Takanori Director Elections Board AGAINST 7
Kuyas Yatirim AS 2026-06-29 Approve Share Capital Increase with Preemptive Rights Capital Structure Board AGAINST 7
LAM RESEARCH CORPORATION 2025-11-04 Approval of the adoption of the Lam 2025 Stock Incentive Plan. Compensation Board AGAINST 7
LAMAR ADVERTISING COMPANY 2026-05-14 Approval of an amendment and restatement of the Company's 2019 Employee Stock Purchase Plan. Compensation Board AGAINST 7
LAMDA Development SA 2026-06-23 Advisory Vote on Remuneration Report Compensation Board AGAINST 7
LAMDA Development SA 2026-06-23 Amend Remuneration Policy Compensation Board AGAINST 7
LATAM Airlines Group SA 2025-10-17 Amend Articles to Reflect Changes in Capital Capital Structure Board AGAINST 7
LATTICE SEMICONDUCTOR CORPORATION 2026-05-01 Election of Director: Elizabeth Schwarting Director Elections Board AGAINST 7
LATTICE SEMICONDUCTOR CORPORATION 2026-05-01 Election of Director: Ford Tamer Director Elections Board AGAINST 7
LATTICE SEMICONDUCTOR CORPORATION 2026-05-01 Election of Director: John Forsyth Director Elections Board AGAINST 7
LATTICE SEMICONDUCTOR CORPORATION 2026-05-01 Election of Director: Que Thanh Dallara Director Elections Board AGAINST 7
LB Group Co., Ltd. 2025-12-19 Approve Application of Bank Credit Lines Capital Structure Board AGAINST 7
LB Group Co., Ltd. 2025-12-19 Approve Provision of Guarantee Capital Structure Board AGAINST 7
LEAR CORPORATION 2026-05-14 Election of Director: Bradley M. Halverson Director Elections Board AGAINST 7
LEAR CORPORATION 2026-05-14 Election of Director: Jonathan F. Foster Director Elections Board AGAINST 7
LEAR CORPORATION 2026-05-14 Election of Director: Mary Lou Jepsen Director Elections Board AGAINST 7
LEAR CORPORATION 2026-05-14 Election of Director: Patricia L. Lewis Director Elections Board AGAINST 7
LEAR CORPORATION 2026-05-14 Election of Director: Raymond E. Scott Director Elections Board AGAINST 7
LEAR CORPORATION 2026-05-14 Ratify the retention of Ernst & Young LLP as Lear Corporation's independent registered public accounting firm for 2026. Audit-related Board AGAINST 7
LEENO INDUSTRIAL, Inc. 2026-03-26 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 7
LEGALZOOM.COM, INC. 2026-06-03 Election of Class II director of the Company to serve for a three-year term and until her successor has been duly elected and qualified, or until her earlier death, resignation, removal, retirement or disqualification: Sivan Whiteley Director Elections Board WITHHOLD 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Angela Barbee Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Jai Shah Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Joseph W. McClanathan Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Karl G. Glassman Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Mary Campbell Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Phoebe A. Wood Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Robert E. Brunner Director Elections Board AGAINST 7
LEGGETT & PLATT, INCORPORATED 2026-05-21 Election of Director: Srikanth Padmanabhan Director Elections Board AGAINST 7
LPP SA 2026-01-23 Amend Remuneration Policy Compensation Board AGAINST 7
LUMEN TECHNOLOGIES, INC. 2026-05-20 Election of Director: Kate Johnson Director Elections Board AGAINST 7
LUMEN TECHNOLOGIES, INC. 2026-05-20 Election of Director: Kevin P. Chilton Director Elections Board AGAINST 7
LUMEN TECHNOLOGIES, INC. 2026-05-20 Election of Director: Martha Helena BA(c)jar Director Elections Board AGAINST 7
LUMEN TECHNOLOGIES, INC. 2026-05-20 Ratification of the appointment of KPMG LLP as our independent auditor for 2026. Audit-related Board AGAINST 7
Legacy Housing Corporation 2025-12-18 Election of Directors: Brian J. Ferguson Director Elections Board AGAINST 7
Legacy Housing Corporation 2025-12-18 Election of Directors: Jeffrey K. Stouder Director Elections Board AGAINST 7
Legacy Housing Corporation 2025-12-18 Election of Directors: Skyler M. Howton Director Elections Board AGAINST 7
Leonardo SpA 2026-05-07 Slate 1 Submitted by Ministry of Economy and Finance Director Elections Board AGAINST 7
Leroy Seafood Group ASA 2026-05-27 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 7
Leroy Seafood Group ASA 2026-05-27 Approve Remuneration Statement Compensation Board AGAINST 7
Lifco AB 2026-04-24 Approve Remuneration Report Compensation Board AGAINST 7
Lifco AB 2026-04-24 Reelect Carl Bennet as Board Chair Director Elections Board AGAINST 7
Lifco AB 2026-04-24 Reelect Carl Bennet as Director Director Elections Board AGAINST 7
Lifco AB 2026-04-24 Reelect Dan Frohm as Director Director Elections Board AGAINST 7
Lifco AB 2026-04-24 Reelect Erik Gabrielson as Director Director Elections Board AGAINST 7
Lifco AB 2026-04-24 Reelect Ulrika Dellby as Director Director Elections Board AGAINST 7
Lite-On Technology Corp. 2026-05-20 Amend Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees Extraordinary Transactions Board AGAINST 7
Lotus Bakeries NV 2026-05-12 Approve Remuneration Report Compensation Board AGAINST 7
Lotus Bakeries NV 2026-05-12 Reelect LEMA BV, Permanently Represented by Michel Moortgat, as Independent Director Director Elections Board AGAINST 7
Lotus Bakeries NV 2026-05-12 Reelect PMF NV, Permanently Represented by Emanuel Boone, as Director Director Elections Board AGAINST 7
Lulu Retail Holdings Plc 2026-04-23 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 7
MARA HOLDINGS, INC. 2026-06-18 A non-binding, advisory vote on the compensation of our Named Executive Officers ("Say-on-Pay"). Compensation Board AGAINST 7
MARA HOLDINGS, INC. 2026-06-18 Approval of an amendment to our Amended and Restated 2018 Equity Incentive Plan (the "2018 Plan") to increase the number of shares of our common stock reserved under the 2018 Plan by 18 million shares. Compensation Board AGAINST 7
MARA HOLDINGS, INC. 2026-06-18 Elect Douglas K. Mellinger Director Elections Board WITHHOLD 7
MARRIOTT VACATIONS WORLDWIDE CORPORATION 2026-05-15 Advisory vote to approve named executive officer compensation. Compensation Board AGAINST 7
MARRIOTT VACATIONS WORLDWIDE CORPORATION 2026-05-15 Elect Directors: Charles E. Andrews Director Elections Board ABSTAIN 7
MARRIOTT VACATIONS WORLDWIDE CORPORATION 2026-05-15 Elect Directors: Dianna F. Morgan Director Elections Board ABSTAIN 7
MARRIOTT VACATIONS WORLDWIDE CORPORATION 2026-05-15 Elect Directors: Jonice M. Gray Director Elections Board ABSTAIN 7

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Built 2026-10-11 from SEC Form N-PX filings.