Home › Asset managers › Goldman Sachs › 2025-2026 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Goldman Sachs 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
6,000 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Goldman Sachs voted | Funds |
|---|---|---|---|---|---|---|---|
| Dynatrace, Inc. | August 20, 2025 | Election of Class II Directors: Amol Kulkarni | Director Elections | Board | AGAINST | 19 | |
| Guardant Health, Inc. | June 17, 2026 | Election of Class II Directors: Ian Clark | Director Elections | Board | WITHHOLD | 18 | |
| Guardant Health, Inc. | June 17, 2026 | Election of Class II Directors: Manuel Hidalgo Medina | Director Elections | Board | WITHHOLD | 17 | |
| Marsh & McLennan Companies, Inc. | May 21, 2026 | Advisory (Nonbinding) Vote to Approve Named Executive Officer Compensation | Say-on-Pay | Board (inferred) | AGAINST | 17 | |
| Microchip Technology Incorporated | August 19, 2025 | Proposal to approve, on an advisory (non-binding) basis, the compensation of our named executives. | Say-on-Pay | Board (inferred) | AGAINST | 16 | |
| NextEra Energy, Inc. | May 21, 2026 | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement. | Say-on-Pay | Board (inferred) | AGAINST | 16 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of amendments to implement a stock split in which (i) each share of Class A common stock would become one share of Class A common stock and one share of Class C common stock; and (ii) each share of Class B common stock would become one share of Class B common stock and one share of Class C common stock. | Capital Structure | Board | AGAINST | 15 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of amendments to increase the number of authorized shares of Class A common stock from 2,250,000,000 to 4,500,000,000. | Capital Structure | Board | AGAINST | 15 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of amendments to provide for the equal treatment of shares of Class A common stock, Class B common stock, and Class C common stock in connection with dividends and distributions, certain transactions, and upon our liquidation, dissolution, or winding up. | Capital Structure | Board | AGAINST | 15 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of an amendment and restatement of our amended and restated certificate of incorporation: Approval and adoption of amendments to establish the Class C common stock. | Capital Structure | Board | AGAINST | 15 | |
| Cloudflare, Inc. | June 30, 2026 | Approval of the amendment and restatement of our 2019 Equity Incentive Plan. | Compensation | Board | AGAINST | 15 | |
| Cloudflare, Inc. | June 30, 2026 | Approval of the amendment and restatement of our Amended and Restated 2019 Employee Stock Purchase Plan. | Compensation | Board | AGAINST | 15 | |
| Spotify Technology SA | April 15, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 15 | |
| CMS Energy Corporation | May 8, 2026 | Approve, on an advisory basis, the Company's executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 13 | |
| Arch Capital Group Ltd. | May 5, 2026 | Advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 12 | |
| PG&E Corporation | May 21, 2026 | Advisory Vote to Approve Executive Compensation | Say-on-Pay | Board (inferred) | AGAINST | 12 | |
| Snowflake Inc. | July 2, 2025 | Election of Class II Directors for terms expiring in 2028: Kelly A. Kramer | Director Elections | Board | WITHHOLD | 12 | |
| Snowflake Inc. | July 2, 2025 | Election of Class II Directors for terms expiring in 2028: Michael L. Speiser | Director Elections | Board | WITHHOLD | 12 | |
| HubSpot, Inc. | June 15, 2026 | Non-binding advisory vote to approve the compensation of the Company's named executive officers; | Say-on-Pay | Board | AGAINST | 11 | |
| SouthState Bank Corporation | April 15, 2026 | Approval, as an advisory, non-binding "say on pay" resolution, of our executive compensation; | Say-on-Pay | Board | AGAINST | 11 | |
| U.S. Bancorp | April 21, 2026 | An advisory vote to approve the compensation of our executives disclosed in the proxy statement. | Say-on-Pay | Board (inferred) | AGAINST | 11 | |
| APA CORPORATION | May 21, 2026 | Advisory vote to approve the compensation of APA's named executive officers | Say-on-Pay | Board (inferred) | AGAINST | 10 | |
| American Financial Group, Inc. | May 20, 2026 | Advisory vote on compensation of named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 10 | |
| Atlassian Corporation | December 2, 2025 | Approval of an amendment and restatement to our 2015 Employee Share Purchase Plan. | Compensation | Board | AGAINST | 10 | |
| Atlassian Corporation | December 2, 2025 | Approval of an amendment and restatement to our 2015 Share Incentive Plan. | Compensation | Board | AGAINST | 10 | |
| Atlassian Corporation | December 2, 2025 | Election of Directors: Richard P. Wong | Director Elections | Board | AGAINST | 10 | |
| Atlassian Corporation | December 2, 2025 | Election of Directors: Shona L. Brown | Director Elections | Board | AGAINST | 10 | |
| Cheniere Energy, Inc. | May 14, 2026 | Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2025. | Say-on-Pay | Board | AGAINST | 10 | |
| Fluor Corporation | May 6, 2026 | An advisory vote to approve the company's executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 10 | |
| Samsara Inc. | July 29, 2025 | Election of Directors: Ann Livermore | Director Elections | Board | WITHHOLD | 10 | |
| Samsara Inc. | July 29, 2025 | Election of Directors: Sue Wagner | Director Elections | Board | WITHHOLD | 10 | |
| Samsara Inc. | July 29, 2025 | Election of Directors: Todd Bluedorn | Director Elections | Board | WITHHOLD | 10 | |
| Take-Two Interactive Software, Inc. | September 18, 2025 | Approval of an amendment and restatement of the Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. | Compensation | Board | AGAINST | 10 | |
| Ulta Beauty, Inc. | June 9, 2026 | Advisory resolution to approve the Company's executive compensation. | Say-on-Pay | Board | AGAINST | 10 | |
| Century Communities, Inc. | May 6, 2026 | To approve, on an advisory basis, our executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| DraftKings Inc. | May 12, 2026 | Election of Directors: Gregory W. Wendt | Director Elections | Board | WITHHOLD | 9 | |
| DraftKings Inc. | May 12, 2026 | Election of Directors: Marni M. Walden | Director Elections | Board | WITHHOLD | 9 | |
| DraftKings Inc. | May 12, 2026 | Election of Directors: Valerie Mosley | Director Elections | Board | WITHHOLD | 9 | |
| DraftKings Inc. | May 12, 2026 | Election of Directors: Woodrow H. Levin | Director Elections | Board | WITHHOLD | 9 | |
| First Merchants Corporation | May 19, 2026 | Proposal to approve, on an advisory basis, the compensation of First Merchants Corporation's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| Fox Corporation | November 14, 2025 | Proposal to elect 7 directors: Paul D. Ryan | Director Elections | Board | AGAINST | 9 | |
| Fox Corporation | November 14, 2025 | Proposal to elect 7 directors: Roland A. Hernandez | Director Elections | Board | AGAINST | 9 | |
| Fox Corporation | November 14, 2025 | Proposal to elect 7 directors: Tony Abbott AC | Director Elections | Board | AGAINST | 9 | |
| Fox Corporation | November 14, 2025 | Proposal to elect 7 directors: William A. Burck | Director Elections | Board | AGAINST | 9 | |
| Freeport-McMoRan Inc. | June 10, 2026 | Approval, on an advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| Glacier Bancorp, Inc. | April 29, 2026 | To vote on an advisory (non-binding) resolution to approve the compensation of the Company's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| Global Payments Inc. | April 30, 2026 | Approval, on an advisory basis, of the compensation of the company's named executive officers for 2025. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| Globus Medical, Inc. | June 3, 2026 | Approval of an amendment to the Globus Medical, Inc. 2021 Equity Incentive Plan to increase the number of authorized shares thereunder by 1,000,000. | Compensation | Board | AGAINST | 9 | |
| Las Vegas Sands Corp. | May 14, 2026 | ELECTION OF DIRECTORS: Alain Li | Director Elections | Board | WITHHOLD | 9 | |
| Las Vegas Sands Corp. | May 14, 2026 | ELECTION OF DIRECTORS: Micheline Chau | Director Elections | Board | WITHHOLD | 9 | |
| Northrop Grumman Corporation | May 20, 2026 | Proposal to approve, on an advisory basis, the compensation of the Company's Named Executive Officers. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| Realty Income Corporation | May 21, 2026 | A non-binding advisory proposal to approve the compensation of our named executive officers as described in the Proxy Statement. | Say-on-Pay | Board | AGAINST | 9 | |
| The Hershey Company | May 5, 2026 | Approve named executive officer compensation on a non-binding advisory basis. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| The Trade Desk, Inc. | September 16, 2025 | The approval of the amendment and restatement of the articles of incorporation of The Trade Desk, Inc. to change the date all of the shares of Class B common stock will automatically convert into Class A common stock and to waive jury trials for internal actions in conformity with recent Nevada law updates. | Capital Structure | Board | AGAINST | 9 | |
| UMB Financial Corporation | April 28, 2026 | An advisory vote (non-binding) on the compensation paid to UMB's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 9 | |
| WH Group Limited | May 8, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 9 | |
| WH Group Limited | May 8, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 9 | |
| AXA SA | April 30, 2026 | Reelect Gerald Harlin as Director | Director Elections | Board | AGAINST | 8 | |
| AXA SA | April 30, 2026 | Reelect Rachel Picard as Director | Director Elections | Board | AGAINST | 8 | |
| BGC Group, Inc. | November 12, 2025 | Election of Directors: Arthur U. Mbanefo | Director Elections | Board | WITHHOLD | 8 | |
| BGC Group, Inc. | November 12, 2025 | Election of Directors: David P. Richards | Director Elections | Board | WITHHOLD | 8 | |
| BGC Group, Inc. | November 12, 2025 | Election of Directors: Linda A. Bell | Director Elections | Board | WITHHOLD | 8 | |
| BGC Group, Inc. | November 12, 2025 | Election of Directors: William D. Addas | Director Elections | Board | WITHHOLD | 8 | |
| Bio-Techne Corporation | October 30, 2025 | Approve, on an advisory basis, the compensation of our executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| C3.ai, Inc. | October 3, 2025 | Advisory vote to approve the compensation of our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| FIGS, Inc. | June 3, 2026 | Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| First Financial Bankshares, Inc. | April 28, 2026 | To conduct an advisory, non-binding vote on the compensation of named executive officers | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| Knorr-Bremse AG | April 30, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 8 | |
| MaxLinear, Inc. | May 20, 2026 | To approve an amendment and restatement of the MaxLinear, Inc. Amended and Restated 2010 Equity Incentive Plan, including approval of a new ten-year term and an increase in the number of shares reserved thereunder by 3,204,107. | Compensation | Board | AGAINST | 8 | |
| NIKE, Inc. | September 9, 2025 | Class B director nominees: To elect a Board of Directors for the ensuing year: John Rogers, Jr. | Director Elections | Board | WITHHOLD | 8 | |
| 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 | 8 | |
| Peloton Interactive, Inc. | December 9, 2025 | Election of Directors: Chris Bruzzo | Director Elections | Board | WITHHOLD | 8 | |
| Primoris Services Corporation | April 30, 2026 | To approve, in an advisory, non-binding vote, the Company's named executive officer compensation; | Say-on-Pay | Board | AGAINST | 8 | |
| Safety Insurance Group, Inc. | May 13, 2026 | Advisory Vote on Executive Compensation. | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| Sompo Holdings, Inc. | June 22, 2026 | Elect Director Okumura, Mikio | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Electric Industries Ltd. | June 26, 2026 | Elect Director Inoue, Osamu | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Electric Industries Ltd. | June 26, 2026 | Elect Director Matsumoto, Masayoshi | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Kadonaga, Sonosuke | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Nakashima, Toru | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Sawada, Jun | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Takashima, Makoto | Director Elections | Board | AGAINST | 8 | |
| Sumitomo Mitsui Financial Group, Inc. | June 26, 2026 | Elect Director Takashima, Norimitsu | Director Elections | Board | AGAINST | 8 | |
| Super Micro Computer, Inc. | April 15, 2026 | To elect three Class I directors to hold office until the Annual Meeting of Stockholders following fiscal year 2028 or until the successors are duly elected and qualified: Charles Liang | Director Elections | Board | WITHHOLD | 8 | |
| TVS Motor Company Limited | January 22, 2026 | Elect Kalpana Unadkat as Director | Director Elections | Board | AGAINST | 8 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Approve Remuneration of Directors in the Amount of SEK 5.2 Million for Chair and SEK 1.4 Million for Other Directors; Approve Remuneration for Committee Work | Compensation | Board | AGAINST | 8 | |
| Telephone and Data Systems, Inc. | May 21, 2026 | Advisory vote to approve executive compensation | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| The Estee Lauder Companies Inc. | November 13, 2025 | Advisory vote to approve executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 8 | |
| e.l.f. Beauty, Inc. | August 21, 2025 | Election of Directors: Lori Keith | Director Elections | Board | WITHHOLD | 8 | |
| Alibaba Group Holding Limited | September 25, 2025 | Approve PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as U.S. and Hong Kong Auditors, Respectively, and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 7 | |
| Alkermes plc | May 20, 2026 | To approve the Alkermes plc 2018 Stock Option and Incentive Plan, as amended. | Compensation | Board | AGAINST | 7 | |
| Axis Bank Limited | July 25, 2025 | Reelect Mini Ipe as Director | Director Elections | Board | AGAINST | 7 | |
| BAWAG Group AG | April 22, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Alberto Oliveti as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Cecilia Rossignoli as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Elisa Corghi as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Giorgio Mion as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Manuela Soffientini as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Marco Bragadin as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Maurizio Comoli as Director | Director Elections | Board | AGAINST | 7 | |
| Banco BPM SpA | April 16, 2026 | Elect Milena Teresa Motta as Director | Director Elections | Board | AGAINST | 7 |
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Built October 13, 2026 from SEC Form N-PX filings.