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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
Emaar Development PJSC 2026-03-26 Elect Zaynab Al Baloushi as Director Director Elections Board ABSTAIN 8
Enel SpA 2026-05-12 Slate Submitted by Ministry of Economy and Finance Director Elections Board AGAINST 8
Enerjisa Enerji AS 2026-03-25 Approve Director Remuneration Compensation Board AGAINST 8
Enerjisa Enerji AS 2026-03-25 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 8
Enerjisa Enerji AS 2026-03-25 Ratify Director Appointments Director Elections Board AGAINST 8
Expedia Group, Inc. 2026-06-17 Election of Directors: Alexandr Wang Director Elections Board ABSTAIN 8
Expensify, Inc. 2026-05-22 Election of Directors: Carlos Alvarez Divo Director Elections Board ABSTAIN 8
Expensify, Inc. 2026-05-22 Election of Directors: Daniel Vidal Director Elections Board ABSTAIN 8
Expensify, Inc. 2026-05-22 Election of Directors: David Barrett Director Elections Board ABSTAIN 8
Expensify, Inc. 2026-05-22 Election of Directors: Jason Mills Director Elections Board ABSTAIN 8
Expensify, Inc. 2026-05-22 Election of Directors: Ryan Schaffer Director Elections Board ABSTAIN 8
FIRST FINANCIAL BANKSHARES, INC. 2026-04-28 Election of Director: Eli Jones, Ph.D Director Elections Board ABSTAIN 8
FIRST HAWAIIAN, INC. 2026-04-22 Election of Director: Robert S. Harrison Director Elections Board AGAINST 8
FLUTTER ENTERTAINMENT PLC 2026-05-29 Approval of certain amendments to the Company's Articles to permit the issuance of preferred shares with rights and preferences to be determined by the Board from time to time. Capital Structure Board AGAINST 8
FLUTTER ENTERTAINMENT PLC 2026-05-29 Approval, on an advisory basis, of the compensation of our Named Executive Officers. Compensation Board AGAINST 8
FMC CORPORATION 2026-04-28 Approval, by non-binding vote, of executive compensation. Compensation Board AGAINST 8
FMC CORPORATION 2026-04-28 Election of Director to serve for a one-year term: Carol Anthony (John) Davidson Director Elections Board AGAINST 8
FMC CORPORATION 2026-04-28 Election of Director to serve for a one-year term: Dirk A. Kempthorne Director Elections Board AGAINST 8
FMC CORPORATION 2026-04-28 Election of Director to serve for a one-year term: Eduardo E. Cordeiro Director Elections Board AGAINST 8
FMC CORPORATION 2026-04-28 Election of Director to serve for a one-year term: K'Lynne Johnson Director Elections Board AGAINST 8
FMC CORPORATION 2026-04-28 Election of Director to serve for a one-year term: Kathy L. Fortmann Director Elections Board AGAINST 8
FMC CORPORATION 2026-04-28 Election of Director to serve for a one-year term: Pierre Brondeau Director Elections Board AGAINST 8
FMC CORPORATION 2026-04-28 Ratification of the appointment of independent registered public accounting firm. Audit-related Board AGAINST 8
FTI CONSULTING, INC. 2026-06-03 Approval of an advisory (non-binding) resolution to approve the compensation of the named executive officers for the year ended December 31, 2025. Compensation Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Alberto Marone as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Francesco Signoretti as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Gabriella Scapicchio as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Giuseppe Pisani as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Maria Giovanna Calloni as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Micaela Cristina Capelli as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Elect Stefano Blotto as Director Director Elections Board AGAINST 8
FinecoBank SpA 2026-04-29 Slate 2 Submitted by Institutional Investors (Assogestioni) Director Elections Board AGAINST 8
FirstRand Ltd. 2025-12-02 Approve Remuneration Implementation Report Compensation Board AGAINST 8
Ford Otomotiv Sanayi AS 2025-11-28 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 8
Ford Otomotiv Sanayi AS 2025-11-28 Ratify Director Appointment Director Elections Board AGAINST 8
Fresnillo Plc 2026-05-19 Re-elect Alejandro Bailleres as Director Director Elections Board AGAINST 8
Genie Energy Ltd. 2026-06-10 To approve an amendment to the Genie Energy Ltd. 2021 Stock Option and Incentive Plan that will increase the number of shares of the Company's Class B common stock available for the grant of awards thereunder by 70,000. Compensation Board AGAINST 8
Ginkgo Bioworks Holdings, Inc. 2026-06-11 Advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 8
H2O AMERICA 2026-05-13 Election of Director: C. Guardino Director Elections Board AGAINST 8
H2O AMERICA 2026-05-13 Election of Director: C. P. Wallace Director Elections Board AGAINST 8
H2O AMERICA 2026-05-13 Election of Director: H. Hunt Director Elections Board AGAINST 8
H2O AMERICA 2026-05-13 Election of Director: M. Hanley Director Elections Board AGAINST 8
H2O AMERICA 2026-05-13 Election of Director: R. A. Klein Director Elections Board AGAINST 8
HA SUSTAINABLE INFRASTRUCTURE CAPITAL 2026-06-03 Elect Clarence D. Armbrister Director Elections Board ABSTAIN 8
HA SUSTAINABLE INFRASTRUCTURE CAPITAL 2026-06-03 Elect Lizabeth A. Ardisana Director Elections Board ABSTAIN 8
HA SUSTAINABLE INFRASTRUCTURE CAPITAL 2026-06-03 Elect Nancy C. Floyd Director Elections Board ABSTAIN 8
HUBSPOT, INC. 2026-06-15 Non-binding advisory vote to approve the compensation of the Company's named executive officers. Compensation Board AGAINST 8
Hexagon AB 2026-04-24 Approve Remuneration Report Compensation Board AGAINST 8
Hexagon AB 2026-04-24 Reelect Sofia Schorling Hogberg as Director Director Elections Board AGAINST 8
ILLUMINA, INC. 2026-05-21 Election of Director: Caroline D. Dorsa Director Elections Board AGAINST 8
ILLUMINA, INC. 2026-05-21 Election of Director: Philip W. Schiller Director Elections Board AGAINST 8
ILLUMINA, INC. 2026-05-21 Election of Director: Susan E. Siegel Director Elections Board AGAINST 8
INSPIRE MEDICAL SYSTEMS, INC. 2026-04-30 Approval of an amendment and restatement of the Inspire Medical Systems, Inc. 2018 Incentive Award Plan. Compensation Board AGAINST 8
Industrial Bank of Korea 2026-03-26 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 8
Industrial Bank of Korea 2026-03-26 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 8
Israel Discount Bank Ltd. 2026-06-17 Elect Amalia Avramov as Director Director Elections Board ABSTAIN 8
Israel Discount Bank Ltd. 2026-06-17 Elect Ohad Marani as External Director Director Elections Board ABSTAIN 8
Israel Discount Bank Ltd. 2026-06-17 Elect Yaniv Garty as Director Director Elections Board ABSTAIN 8
JSB Co., Ltd. 2026-01-27 Appoint Statutory Auditor Izumi, Yukako Compensation Board AGAINST 8
Jefferson Capital, Inc. 2026-06-05 The election of David Burton, Thomas Harding and Thomas Lydon, Jr. as Class I Directors: David Burton Director Elections Board ABSTAIN 8
KATITAS Co., Ltd. 2026-06-23 Appoint Alternate Statutory Auditor Nakanishi, Noriyuki Compensation Board AGAINST 8
KATITAS Co., Ltd. 2026-06-23 Appoint Statutory Auditor Nagai, Hiroshi Compensation Board AGAINST 8
KBC Group SA/NV 2026-05-07 Elect Elisa Vlerick as Director Director Elections Board AGAINST 8
KONTOOR BRANDS, INC. 2026-04-23 To approve the compensation of Kontoor's named executive officers as disclosed in our proxy statement. Compensation Board AGAINST 8
KONTOOR BRANDS, INC. 2026-04-23 To ratify the appointment of PricewaterhouseCoopers LLP as Kontoor's independent registered public accounting firm for the fiscal year ending January 2, 2027. Audit-related Board AGAINST 8
Kering SA 2026-05-28 Approve Remuneration Policy of Chairman of the Board Compensation Board AGAINST 8
Krispy Kreme, Inc. 2026-06-10 To approve the Amendment and Restatement of the Krispy Kreme, Inc. 2021 Omnibus Incentive Plan; Compensation Board AGAINST 8
Kuehne + Nagel International AG 2026-05-06 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 8
Kuehne + Nagel International AG 2026-05-06 Approve Remuneration of Executive Committee in the Amount of CHF 30 Million Compensation Board AGAINST 8
Kuehne + Nagel International AG 2026-05-06 Reappoint Karl Gernandt as Member of the Compensation Committee Director Elections Board AGAINST 8
Kuehne + Nagel International AG 2026-05-06 Reelect Dominik de Daniel as Director Director Elections Board AGAINST 8
Kuehne + Nagel International AG 2026-05-06 Reelect Karl Gernandt as Director Director Elections Board AGAINST 8
LINCOLN NATIONAL CORPORATION 2026-05-28 The ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2026. Audit-related Board AGAINST 8
LITHIA MOTORS, INC. 2026-04-30 To approve, by an advisory vote, named executive officer compensation. Compensation Board AGAINST 8
LPP SA 2025-07-11 Approve Remuneration Report Compensation Board AGAINST 8
LYFT, INC. 2026-06-03 Elect David Risher Director Elections Board ABSTAIN 8
Land and Houses Public Company Limited 2026-04-22 Elect Wit Tantiworawong as Director Director Elections Board AGAINST 8
Liberty Live Holdings, Inc. 2026-05-11 The say-on-pay proposal, to approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 8
Lifeway Foods, Inc. 2025-12-29 Election of Directors: Opposition Nominees: Edward Smolyansky Director Elections Board ABSTAIN 8
Lifeway Foods, Inc. 2025-12-29 Election of Directors: Opposition Nominees: George Sent Director Elections Board ABSTAIN 8
Luminar Technologies, Inc. 2025-07-03 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 8
MACY'S INC. 2026-05-15 Approval of the amendment and restatement of the Macy's, Inc. 2024 Equity and Incentive Compensation Plan. Compensation Board AGAINST 8
MACY'S INC. 2026-05-15 Election of Director: Deirdre P. Connelly Director Elections Board AGAINST 8
MACY'S INC. 2026-05-15 Election of Director: Paul C. Varga Director Elections Board AGAINST 8
MACY'S INC. 2026-05-15 Election of Director: Torrence N. Boone Director Elections Board AGAINST 8
MANHATTAN ASSOCIATES, INC. 2026-05-14 Non-binding resolution to approve the compensation of the Company's named executive officers. Compensation Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Advisory vote on approval of the compensation of our named executive officers. Compensation Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Elizabeth P. Sartain Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Jean-Philippe Courtois Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: John F. Ferraro Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Jonas Prising Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Julie M. Howard Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Michael J. Van Handel Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Muriel PA(c)nicaud Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Paul Read Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: Ulice Payne, Jr. Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Election of Director: William P. Gipson Director Elections Board AGAINST 8
MANPOWERGROUP INC. 2026-05-08 Ratification of Deloitte & Touche LLP as our independent auditors for 2026. Audit-related Board AGAINST 8
MASIMO CORPORATION 2026-05-01 To consider and vote on the proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Masimo's named executive officers that is based on or otherwise relates to the Merger (the "Compensation Proposal"). Compensation Board AGAINST 8
MOHAWK INDUSTRIES, INC. 2026-05-21 Election of Director: Jeffrey S. Lorberbaum Director Elections Board AGAINST 8

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Built 2026-10-04 from SEC Form N-PX filings.