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Victory Capital 2025-2026: where it broke with the board

3,919 proposals in the 2025-2026 proxy season: Victory Capital voted against, or withheld its votes from, 3,903 proposals put forward by company boards, and voted for 16 shareholder proposals, by its own Form N-PX filings.

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

3,919 proposals.

Victory Capital, 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 recommendedVictory Capital votedFunds
New Fortress Energy Inc. June 17, 2026 Election of Class I Directors: Charles M. Sledge Director Elections Board WITHHOLD 1
New Fortress Energy Inc. June 17, 2026 To amend the Certificate of Incorporation to provide that holders of shares of Class A common stock of the Company will not be entitled to vote on any amendment to the Certificate of Incorporation (including any certificate of designations and any other applicable designation of capital stock) that relates solely to the terms of one or more outstanding series of shares of preferred stock or other classes or series of capital stock if the holders of such affected classes or series are entitled, either separately or together with the holders of one or more other such classes or series, to vote thereon pursuant to the Certificate of Incorporation (including any certificate of designations and any other applicable designation of capital stock) or pursuant to the General Corporation Law of the State of Delaware; Capital Structure Board AGAINST 1
Newsmax Inc. May 18, 2026 Election of Directors: Christopher N. Cox Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: Christopher Ruddy Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: David Gandler Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: Nancy G. Brinker Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: R. Alexander Acosta Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Arthur Laffer Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Carol Swain Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Catherine Wood Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Edward Constantino Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Scott Kavanaugh Director Elections Board WITHHOLD 1
NextDecade Corporation June 3, 2026 To approve and amendment to the Company's 2017 Omnibus Incentive Plan, as amended, to increase the maximum number of shares available under such plan; Compensation Board AGAINST 1
Nextdoor Holdings, Inc. June 9, 2026 Election of Class II Director: David Sze Director Elections Board WITHHOLD 1
Nexteer Automotive Group Limited June 17, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Nexteer Automotive Group Limited June 17, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Nexteer Automotive Group Limited June 17, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Nippon Paint Holdings Co., Ltd. March 27, 2026 Elect Director Goh Hup Jin Director Elections Board AGAINST 1
Nippon Paint Holdings Co., Ltd. March 27, 2026 Elect Director Nakamura, Masayoshi Director Elections Board AGAINST 1
Nippon Paint Holdings Co., Ltd. March 27, 2026 Elect Director Wakatsuki, Yuichiro Director Elections Board AGAINST 1
Nippon Paint Holdings Co., Ltd. March 27, 2026 Elect Director Wee Siew Kim Director Elections Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Elect Masanobu Komoda Director Elections Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Elect Toshikazu Yamaguchi Director Elections Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Elect Toyoaki Negishi as Alternate Statutory Auditor Director Elections Board AGAINST 1
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Ivan Espinosa Director Elections Board AGAINST 1
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Nagai, Moto Director Elections Board AGAINST 1
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Shimbo, Junichi Director Elections Board AGAINST 1
Nkarta, Inc. June 10, 2026 Election of two directors to serve until the company's 2029 annual meeting of stockholders and until their respective successors are duly elected and qualified: Ali Behbahani, M.D., M.B.A. Director Elections Board WITHHOLD 1
Nongfu Spring Co., Ltd. May 19, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Nordex SE May 5, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Nordex SE May 5, 2026 Elect Jose Santos to the Supervisory Board Director Elections Board AGAINST 1
Nordex SE May 5, 2026 Elect Juan Cerezo to the Supervisory Board Director Elections Board AGAINST 1
Nordex SE May 5, 2026 Elect Ulric Schaeferbarthold to the Supervisory Board Director Elections Board AGAINST 1
Nordex SE May 5, 2026 Reelect Juan Girod to the Supervisory Board Director Elections Board AGAINST 1
Nordex SE May 5, 2026 Reelect Maria Alvarez to the Supervisory Board Director Elections Board AGAINST 1
Nordex SE May 5, 2026 Reelect Maria Ucar to the Supervisory Board Director Elections Board AGAINST 1
Nordex SE May 5, 2026 Reelect Martin Rey to the Supervisory Board Director Elections Board AGAINST 1
Northpointe Bancshares, Inc. May 13, 2026 Election of Directors: Carrie L. Boer Director Elections Board WITHHOLD 1
Northpointe Bancshares, Inc. May 13, 2026 Election of Directors: David S. Hooker Director Elections Board WITHHOLD 1
Northpointe Bancshares, Inc. May 13, 2026 Election of Directors: Robert W. DeVlieger II Director Elections Board WITHHOLD 1
NovaBay Pharmaceuticals, Inc. March 12, 2026 To approve the adoption of the 2026 Equity Incentive Plan. Compensation Board AGAINST 1
NovaBay Pharmaceuticals, Inc. March 12, 2026 To approve the issuance of 837,696,130 shares of common stock upon the exercise of the pre-funded warrants issued in our private placement transaction on January 16, 2026. Capital Structure Board AGAINST 1
NovoCure Limited June 3, 2026 The approval of our amended and restated 2024 Omnibus Incentive Plan. Compensation Board AGAINST 1
Nu Holdings Ltd. September 8, 2025 Elect David Velez Osorno, Anita Mary Sands, David Alexandre Marcus, Douglas Mauro Leone, Jacqueline Dawn Reses, Luis Alberto Moreno Mejia, Roberto de Oliveira Campos Neto, Rogerio Paulo Calderon Peres and Thuan Quang Pham as Directors Director Elections Board AGAINST 1
NuScale Power Corporation May 29, 2026 Election of Directors: Kimberly O. Warnica Director Elections Board WITHHOLD 1
NuScale Power Corporation May 29, 2026 Election of Directors: Stuart Harshaw Director Elections Board WITHHOLD 1
Nutex Health Inc. July 14, 2025 Election of Directors: Michael L. Reed Director Elections Board WITHHOLD 1
Nutex Health Inc. July 14, 2025 To approve an amendment to the 2023 Equity Incentive Plan to increase the number of shares available for issuance; Compensation Board AGAINST 1
Nutrien Ltd. May 6, 2026 Advisory Vote on Executive Compensation Approach Compensation Board AGAINST 1
Nuvation Bio Inc. May 21, 2026 Election of Directors: Robert Bazemore Director Elections Board WITHHOLD 1
Nuvation Bio Inc. May 21, 2026 Election of Directors: Robert Mashal, M.D. Director Elections Board WITHHOLD 1
Nuvectis Pharma, Inc. June 11, 2026 Election of Director: Ron Bentsur Director Elections Board AGAINST 1
OPKO Health, Inc. June 18, 2026 To approve the Company's 2026 Equity Incentive Plan; Compensation Board AGAINST 1
OSI Systems, Inc. December 11, 2025 Election of Directors: James B. Hawkins Director Elections Board AGAINST 1
OSI Systems, Inc. December 11, 2025 Election of Directors: William F. Ballhaus Director Elections Board AGAINST 1
OUTFRONT Media Inc. June 3, 2026 Election of Director Nominees: Angela Courtin Director Elections Board AGAINST 1
OUTFRONT Media Inc. June 3, 2026 Election of Director Nominees: Susan M. Tolson Director Elections Board AGAINST 1
OUTsurance Group Ltd. November 25, 2025 Approve Non-executive Directors' Remuneration Compensation Board AGAINST 1
OUTsurance Group Ltd. November 25, 2025 Re-elect Jannie Durand as Director Director Elections Board AGAINST 1
Octave Specialty Group, Inc. May 28, 2026 To approve Octave's 2026 Incentive Compensation Plan Compensation Board AGAINST 1
Ocular Therapeutix, Inc. June 10, 2026 To elect two Class III directors, each to serve until the 2029 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified: Pravin U. Dugel, M.D. Director Elections Board WITHHOLD 1
Oculis Holding AG May 13, 2026 Increase of conditional share capital for employee benefit plans (Please mark either "For" or "Against" because abstentions have the legal effect of "Against".) Capital Structure Board AGAINST 1
Oculis Holding AG May 13, 2026 Non-binding advisory vote on the 2025 compensation report Compensation Board AGAINST 1
Oculis Holding AG May 13, 2026 Vote on Equity or Equity Based Compensation for Non-Executive Members of the Board of Directors until the end of the Company's 2027 Annual General Meeting Compensation Board AGAINST 1
Offerpad Solutions Inc. July 30, 2025 Approval of an amendment to the Company's 2021 Incentive Award Plan to, among other things, increase the number of shares of Class A Common Stock available for issuance thereunder. Compensation Board AGAINST 1
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Arunangshu Sarkar as Director Director Elections Board AGAINST 1
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Manish Pareek as Director Director Elections Board AGAINST 1
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Om Prakash Sinha as Director Director Elections Board AGAINST 1
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Reena Jaitly as Director Director Elections Board AGAINST 1
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Vikram Saxena as Director Director Elections Board AGAINST 1
Oil & Natural Gas Corporation Limited August 29, 2025 Reelect Manish Patil as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Elect Abhijit Majumder as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Elect Ankur Baruah as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Elect Moti Lal Meena as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Elect Pooja Suri as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Elect Raju Revanakar as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Elect Trailukya Borgohain as Director Director Elections Board AGAINST 1
Oil India Limited September 18, 2025 Reelect Saloma Yomdo as Director Director Elections Board AGAINST 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Allan H. Selig Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Amy L. Ryan Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Daniel S. Jaffee Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Ellen-Blair Chube Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: George C. Roeth Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Lawrence E. Washow Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Michael A. Nemeroff Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Patricia J. Schmeda Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Paul M. Hindsley Director Elections Board WITHHOLD 1
Oklo Inc. June 3, 2026 Election of Directors: Richard W. Kinzley Director Elections Board WITHHOLD 1
Omada Health, Inc. June 16, 2026 The election of two Class I directors to hold office until the 2029 Annual Meeting of Stockholders and until each such director's respective successor is elected and qualified: Sean Duffy Director Elections Board WITHHOLD 1
Omeros Corporation June 18, 2026 Approval of the Amended and Restated Omeros Corporation Omnibus Incentive Compensation Plan. Compensation Board AGAINST 1
Omeros Corporation June 18, 2026 Election of Directors: Diana T. Perkinson, M.D. Director Elections Board AGAINST 1
Omeros Corporation June 18, 2026 Election of Directors: Thomas J. Cable Director Elections Board AGAINST 1
One 97 Communications Limited August 29, 2025 Elect Urvashi Sahai as Director Director Elections Board AGAINST 1
OneSource Specialty Pharma Ltd. July 30, 2025 Approve Revision in Remuneration of Neeraj Sharma as Managing Director Compensation Board AGAINST 1
OppFi Inc. June 9, 2026 To elect, each for a term expiring at the 2029 Annual Meeting of Stockholders or until a successor has been duly elected and qualified, the following individuals to our Board of Directors: Theodore Schwartz Director Elections Board WITHHOLD 1
OptimizeRx Corporation June 9, 2026 Approval of an amendment to the 2021 Equity Plan to adopt an evergreen provision providing for an automatic annual increase in the shares of Common Stock available for issuance under the 2021 Equity Plan. Compensation Board AGAINST 1
OptimizeRx Corporation June 9, 2026 Election of each of the seven director nominees listed below: Catherine Klema Director Elections Board WITHHOLD 1
OptimizeRx Corporation June 9, 2026 Election of each of the seven director nominees listed below: Lynn O'Connor Vos Director Elections Board WITHHOLD 1
OptimizeRx Corporation June 9, 2026 Election of each of the seven director nominees listed below: Patrick Spangler Director Elections Board WITHHOLD 1
Optimum Communications, Inc. June 10, 2026 Election of Directors: Charles Stewart Director Elections Board AGAINST 1

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