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Legg Mason 2025-2026: where it broke with the board

972 proposals in the 2025-2026 proxy season: Legg Mason voted against, or withheld its votes from, 949 proposals put forward by company boards, and voted for 23 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Legg Mason 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

972 proposals.

Legg Mason, 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 recommendedLegg Mason votedFunds
EssilorLuxottica SA April 28, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 1
EssilorLuxottica SA April 28, 2026 Approve Remuneration Policy of Chairman and CEO Compensation Board AGAINST 1
EssilorLuxottica SA April 28, 2026 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 1
EssilorLuxottica SA April 28, 2026 Reelect Andrea Zappia as Director Director Elections Board AGAINST 1
Essity AB March 26, 2026 Reelect Karl Aberg as Director Director Elections Board AGAINST 1
Essity AB March 26, 2026 Reelect Katarina Martinson as Director Director Elections Board AGAINST 1
EverQuote, Inc. June 4, 2026 Election Of Directors: David Blundin Director Elections Board WITHHOLD 1
EverQuote, Inc. June 4, 2026 Election Of Directors: George Neble Director Elections Board WITHHOLD 1
EverQuote, Inc. June 4, 2026 Election Of Directors: Jayme Mendal Director Elections Board WITHHOLD 1
EverQuote, Inc. June 4, 2026 Election Of Directors: John Shields Director Elections Board WITHHOLD 1
EverQuote, Inc. June 4, 2026 Election Of Directors: Mira Wilczek Director Elections Board WITHHOLD 1
EverQuote, Inc. June 4, 2026 Election Of Directors: Paul Deninger Director Elections Board WITHHOLD 1
EverQuote, Inc. June 4, 2026 Election Of Directors: Sanju Bansal Director Elections Board WITHHOLD 1
Evolution AB April 24, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Farmland Partners Inc. April 28, 2026 Election of Directors: Dr. Bruce J. Sherrick Director Elections Board WITHHOLD 1
Farmland Partners Inc. April 28, 2026 Election of Directors: Mr. Danny D. Moore Director Elections Board WITHHOLD 1
Farmland Partners Inc. April 28, 2026 Election of Directors: Mr. John A. Good Director Elections Board WITHHOLD 1
FedEx Corporation September 29, 2025 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
Fidelity National Information Services, Inc. June 10, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
First BanCorp. May 6, 2026 Election of Directors: Roberto R. Herencia Director Elections Board AGAINST 1
First Citizens BancShares, Inc. May 4, 2026 Election of 12 directors for one-year terms: David G. Leitch Director Elections Board WITHHOLD 1
First Citizens BancShares, Inc. May 4, 2026 Election of 12 directors for one-year terms: Robert E. Mason IV Director Elections Board WITHHOLD 1
First Citizens BancShares, Inc. May 4, 2026 Election of 12 directors for one-year terms: Robert T. Newcomb Director Elections Board WITHHOLD 1
First Citizens BancShares, Inc. May 4, 2026 Election of 12 directors for one-year terms: Victor E. Bell III Director Elections Board WITHHOLD 1
First Watch Restaurant Group, Inc. May 20, 2026 To approve, on a non-binding, advisory basis, the compensation paid to the Company's named executive officers. Say-on-Pay Board AGAINST 1
Ford Motor Company May 14, 2026 Election of Directors: Jon M. Huntsman, Jr. Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Chase Carey Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Lachlan K. Murdoch Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Margaret "Peggy" L. Johnson Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Paul D. Ryan Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: William A. Burck Director Elections Board AGAINST 1
Franklin Resources, Inc. February 3, 2026 To approve an amendment and restatement of the Company's 2002 Universal Stock Incentive Plan, which includes increasing the number of shares of common stock, par value $0.10 per share, of the Company authorized for issuance under the USIP by an additional 25,000,000 shares. Compensation Board AGAINST 1
G-III Apparel Group, Ltd. June 11, 2026 Election of directors: Victor Herrero Director Elections Board WITHHOLD 1
GE Healthcare Technologies, Inc. May 7, 2026 Election of Directors: Kevin A. Lobo Director Elections Board AGAINST 1
Galderma Group AG April 22, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 1
Galderma Group AG April 22, 2026 Approve Remuneration of Executive Committee in the Amount of CHF 31.2 Million Compensation Board AGAINST 1
Gaztransport & Technigaz SA June 16, 2026 Approve Remuneration Policy of Chairman of the Board from January 5, 2026 Compensation Board AGAINST 1
Genie Energy Ltd. June 10, 2026 Election of Directors: Alan Rosenthal Director Elections Board AGAINST 1
Genie Energy Ltd. June 10, 2026 Election of Directors: Howard S. Jonas Director Elections Board AGAINST 1
Genie Energy Ltd. June 10, 2026 Election of Directors: W. Wesley Perry Director Elections Board AGAINST 1
Genie Energy Ltd. June 10, 2026 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 ABSTAIN 1
Genie Energy Ltd. June 10, 2026 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 1
Genting Singapore Limited April 15, 2026 Approve Grant of Awards Under the Genting Singapore Performance Share Scheme Compensation Board AGAINST 1
Glaukos Corporation May 28, 2026 Election of Directors: Denice M. Torres Director Elections Board WITHHOLD 1
Golar LNG Limited May 19, 2026 Elect Director Benoit de la Fouchardiere Director Elections Board AGAINST 1
Golar LNG Limited May 19, 2026 Elect Director Tor Olav Troim Director Elections Board AGAINST 1
GoodRx Holdings, Inc. June 16, 2026 Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. Say-on-Pay Board ABSTAIN 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect Carlos Hank Gonzalez as Board Chair Director Elections Board AGAINST 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect Carlos de la Isla Corry as Director Director Elections Board AGAINST 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect David Juan Villarreal Montemayor as Director Director Elections Board AGAINST 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect Jose Antonio Chedraui Eguia as Director Director Elections Board AGAINST 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect Juan Antonio Gonzalez Moreno as Director Director Elections Board AGAINST 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect Thomas Stanley Heather Rodriguez as Chair of Audit and Corporate Practices Committee Director Elections Board AGAINST 1
Grupo Financiero Banorte SAB de CV April 23, 2026 Elect Thomas Stanley Heather Rodriguez as Director Director Elections Board AGAINST 1
Guaranty Bancshares, Inc. September 17, 2025 To vote on an advisory (non-binding) proposal to approve the compensation that may be paid or become payable to the named executive officers of Guaranty Bancshares, Inc. that is based on or otherwise relates to the merger. Say-on-Pay Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Approve Remuneration Report Compensation Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Reelect Christian Sievert as Director Director Elections Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Reelect Karl-Johan Persson as Board Chair Director Elections Board AGAINST 1
H&M Hennes & Mauritz AB May 5, 2026 Reelect Karl-Johan Persson as Director Director Elections Board AGAINST 1
HCI Group, Inc. June 10, 2026 Approval, on an advisory basis, of the compensation of the named executive officers. Say-on-Pay Board ABSTAIN 1
HP Inc. April 16, 2026 To approve the Fifth Amended and Restated HP Inc. 2004 Stock Incentive Plan. Compensation Board AGAINST 1
Harmonic Inc. June 4, 2026 To approve an amendment to the Harmonic Inc. 2025 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder by 3,000,000 shares. Compensation Board ABSTAIN 1
Heidrick & Struggles International, Inc. December 5, 2025 To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Heidrick's named executive officers that is based on or otherwise relates to the Merger Agreement and the transactions contemplated thereby. Say-on-Pay Board ABSTAIN 1
Hermes International SA April 17, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 1
Hermes International SA April 17, 2026 Approve Compensation of Axel Dumas, General Manager Compensation Board AGAINST 1
Hermes International SA April 17, 2026 Approve Compensation of Emile Hermes SAS, General Manager Compensation Board AGAINST 1
Hermes International SA April 17, 2026 Approve Remuneration Policy of General Managers Compensation Board AGAINST 1
Hermes International SA April 17, 2026 Authorize Repurchase of Up to 10 Percent of Issued Share Capital Capital Structure Board AGAINST 1
Hermes International SA April 17, 2026 Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 1
Hermes International SA April 17, 2026 Reelect Dorothee Altmayer as Supervisory Board Member Director Elections Board AGAINST 1
Hermes International SA April 17, 2026 Reelect Eric de Seynes as Supervisory Board Member Director Elections Board AGAINST 1
Hermes International SA April 17, 2026 Reelect Renaud Mommeja as Supervisory Board Member Director Elections Board AGAINST 1
Hewlett Packard Enterprise Company April 1, 2026 Advisory vote to approve the Hewlett Packard Enterprise Company's executive compensation Say-on-Pay Board AGAINST 1
Hewlett Packard Enterprise Company April 1, 2026 Approval of Amendment No. 5 to the Hewlett Packard Enterprise Company 2021 Stock Incentive Plan to increase the plan's shares available for issuance Compensation Board AGAINST 1
Hims & Hers Health, Inc. June 11, 2026 Election of Directors: Andrew Dudum Director Elections Board WITHHOLD 1
Hims & Hers Health, Inc. June 11, 2026 Election of Directors: Christopher Payne Director Elections Board WITHHOLD 1
Hims & Hers Health, Inc. June 11, 2026 Election of Directors: David Wells Director Elections Board WITHHOLD 1
Hologic, Inc. February 5, 2026 A proposal to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to the named executive officers of the Company in connection with the transactions contemplated by the merger agreement, including consummation of the merger. Say-on-Pay Board AGAINST 1
Hovnanian Enterprises, Inc. March 31, 2026 Approval of the Fourth Amended and Restated 2020 Hovnanian Enterprises, Inc. Stock Incentive Plan. Compensation Board AGAINST 1
Hubbell Incorporated May 5, 2026 Election of Directors: Garrick J. Rochow Director Elections Board AGAINST 1
IBEX Limited December 5, 2025 The Election of Directors: Mohammed Khaishgi Director Elections Board AGAINST 1
IDT Corporation December 11, 2025 To approve an amendment to the IDT Corporation 2024 Equity 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 an additional 175,000. Compensation Board ABSTAIN 1
IPG Photonics Corporation May 12, 2026 Advisory Approval of our Executive Compensation Say-on-Pay Board ABSTAIN 1
IQVIA Holdings Inc. April 23, 2026 Approve the adoption of the IQVIA Holdings Inc. 2026 Incentive and Stock Award Plan. Compensation Board AGAINST 1
IRadimed Corporation June 23, 2026 Election of Directors: James Hawkins Director Elections Board WITHHOLD 1
IRadimed Corporation June 23, 2026 Election of Directors: Roger Susi Director Elections Board WITHHOLD 1
Imperial Oil Limited May 4, 2026 Elect Director Miranda C. Hubbs Director Elections Board AGAINST 1
Innospec Inc. May 8, 2026 ADVISORY APPROVAL OF INNOSPEC'S EXECUTIVE COMPENSATION Say-on-Pay Board AGAINST 1
Innovative Industrial Properties, Inc. June 9, 2026 Approval of the adoption of the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan. Compensation Board AGAINST 1
Innovative Industrial Properties, Inc. June 9, 2026 Approval on a non-binding advisory basis of the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
Insteel Industries Inc. February 10, 2026 To approve, on an advisory basis, the compensation of our named executive officers Say-on-Pay Board AGAINST 1
Intel Corporation May 13, 2026 Approval of amendment and restatement of the 2006 Equity Incentive Plan. Compensation Board AGAINST 1
Intel Corporation May 13, 2026 Election of 11 Directors: Steve Sanghi Director Elections Board AGAINST 1
InterContinental Hotels Group Plc May 7, 2026 Re-elect Angie Risley as Director Director Elections Board AGAINST 1
Interactive Brokers Group, Inc. April 23, 2026 Election of Directors: Earl H. Nemser Director Elections Board AGAINST 1
Interactive Brokers Group, Inc. April 23, 2026 Election of Directors: Milan Galik Director Elections Board AGAINST 1
Interactive Brokers Group, Inc. April 23, 2026 Election of Directors: Paul J. Brody Director Elections Board AGAINST 1
Interactive Brokers Group, Inc. April 23, 2026 Election of Directors: Thomas Peterffy Director Elections Board AGAINST 1
Interactive Brokers Group, Inc. April 23, 2026 Election of Directors: William Peterffy Director Elections Board AGAINST 1
Interactive Brokers Group, Inc. April 23, 2026 To approve an amendment to the Company's 2007 Stock Incentive Plan. Compensation Board AGAINST 1

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Built November 7, 2026 from SEC Form N-PX filings.