Home › Asset managers › Lincoln Financial › 2025-2026 › Against the board
At least 6,069 proposals in the 2025-2026 proxy season: Lincoln Financial voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 69 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Lincoln Financial 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
6,069 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 | Lincoln Financial voted | Funds |
|---|---|---|---|---|---|---|---|
| Coinbase Global, Inc. | June 16, 2026 | Election of Directors: Frederick Ernest Ehrsam III | Director Elections | Board | WITHHOLD | 4 | |
| Coinbase Global, Inc. | June 16, 2026 | Election of Directors: Gokul Rajaram | Director Elections | Board | WITHHOLD | 4 | |
| Coinbase Global, Inc. | June 16, 2026 | Election of Directors: Marc L. Andreessen | Director Elections | Board | WITHHOLD | 4 | |
| Compagnie Financiere Richemont SA | September 10, 2025 | Reelect Anton Rupert as Director | Director Elections | Board | AGAINST | 4 | |
| Compagnie Financiere Richemont SA | September 10, 2025 | Reelect Gary Saage as Director | Director Elections | Board | AGAINST | 4 | |
| Coupang, Inc. | June 11, 2026 | Election of Directors: Ambereen Toubassy | Director Elections | Board | AGAINST | 4 | |
| Covenant Logistics Group, Inc. | May 13, 2026 | Election of Directors: Bradley A. Moline | Director Elections | Board | WITHHOLD | 4 | |
| CryoPort, Inc. | June 5, 2026 | To approve an amendment to the Cryoport, Inc. 2018 Omnibus Equity Incentive Plan to increase the number of authorized shares for issuance thereunder from 10,350,000 to 14,625,000; and | Compensation | Board | AGAINST | 4 | |
| Customers Bancorp, Inc. | May 26, 2026 | To approve an amendment to the Company's 2019 Stock Incentive Plan. | Compensation | Board | AGAINST | 4 | |
| Dave & Buster's Entertainment, Inc. | June 18, 2026 | Election of Directors: Scott I. Ross | Director Elections | Board | AGAINST | 4 | |
| Denali Therapeutics Inc. | June 3, 2026 | ELECTION OF DIRECTORS: Jennifer Cook | Director Elections | Board | WITHHOLD | 4 | |
| DocuSign, Inc. | June 1, 2026 | Election of Class II Directors: Allan Thygesen | Director Elections | Board | AGAINST | 4 | |
| DocuSign, Inc. | June 1, 2026 | Election of Class II Directors: Cain A. Hayes | Director Elections | Board | AGAINST | 4 | |
| DocuSign, Inc. | June 1, 2026 | Election of Class II Directors: James Beer | Director Elections | Board | AGAINST | 4 | |
| Dolby Laboratories, Inc. | February 3, 2026 | Election of Directors: Peter Gotcher | Director Elections | Board | WITHHOLD | 4 | |
| DoorDash, Inc. | June 10, 2026 | The election of the following director nominee(s): Shona L. Brown | Director Elections | Board | AGAINST | 4 | |
| Doximity, Inc. | August 28, 2025 | To elect two Class I Directors to serve until the annual meeting of stockholders to be held in 2028 or until their successors are duly elected and qualified: Jeffrey Tangney | Director Elections | Board | WITHHOLD | 4 | |
| Dutch Bros Inc. | May 13, 2026 | Election of Directors: Kory Marchisotto | Director Elections | Board | AGAINST | 4 | |
| Dutch Bros Inc. | May 13, 2026 | Election of Directors: Stephen Gillett | Director Elections | Board | AGAINST | 4 | |
| Enact Holdings, Inc. | May 13, 2026 | Election of Directors: Thomas J. McInerney | Director Elections | Board | WITHHOLD | 4 | |
| Energy Recovery, Inc. | June 4, 2026 | To approve Amendment No. 1 to the Energy Recovery, Inc. 2020 Incentive Plan. | Compensation | Board | AGAINST | 4 | |
| Equifax Inc. | May 7, 2026 | Advisory vote to approve named executive officer compensation ("say-on-pay"). | Say-on-Pay | Board | AGAINST | 4 | |
| Equinor ASA | May 12, 2026 | Approve Remuneration Statement | Compensation | Board | AGAINST | 4 | |
| EssilorLuxottica SA | April 28, 2026 | Approve Remuneration Policy of Vice-CEO | Compensation | Board | AGAINST | 4 | |
| EssilorLuxottica SA | April 28, 2026 | Reelect Andrea Zappia as Director | Director Elections | Board | AGAINST | 4 | |
| Evercore Inc. | June 10, 2026 | Approval of the Fourth Amended and Restated 2016 Evercore Inc. Stock Incentive Plan. | Compensation | Board | AGAINST | 4 | |
| Everpure, Inc. | June 10, 2026 | An advisory vote on our named executive officer compensation. | Say-on-Pay | Board | AGAINST | 4 | |
| Everpure, Inc. | June 10, 2026 | Election of three Class II directors to serve until our Annual Meeting of Stockholders in 2029: Andrew Brown | Director Elections | Board | WITHHOLD | 4 | |
| Expedia Group, Inc. | June 17, 2026 | Approval, on an advisory basis, of the compensation of Expedia Group's named executive officers. | Say-on-Pay | Board | AGAINST | 4 | |
| Expedia Group, Inc. | June 17, 2026 | Election of Directors: Barry Diller | Director Elections | Board | WITHHOLD | 4 | |
| F5, Inc. | March 12, 2026 | Approve Omnibus Stock Plan | Compensation | Board | AGAINST | 4 | |
| Flushing Financial Corporation | April 2, 2026 | A proposal to approve, on a non-binding, advisory basis, the compensation that Flushing's named executive officers may receive in connection with the mergers pursuant to agreements or arrangements with Flushing (the "Flushing compensation proposal") | Say-on-Pay | Board | AGAINST | 4 | |
| Ford Motor Company | May 14, 2026 | Election of Directors: William Clay Ford, Jr. | Director Elections | Board | AGAINST | 4 | |
| Ford Motor Company | May 14, 2026 | Election of Directors: William E. Kennard | Director Elections | Board | AGAINST | 4 | |
| Freshworks Inc. | May 28, 2026 | To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the proxy statement. | Say-on-Pay | Board | AGAINST | 4 | |
| Fulgent Genetics, Inc. | May 14, 2026 | To approve the Company's 2026 Equity Incentive Plan. | Compensation | Board | AGAINST | 4 | |
| GLOBALFOUNDRIES Inc. | July 29, 2025 | Elect Director Thomas Caulfield | Director Elections | Board | WITHHOLD | 4 | |
| Galderma Group AG | April 22, 2026 | Approve Remuneration Report (Non-Binding) | Compensation | Board | AGAINST | 4 | |
| Galderma Group AG | April 22, 2026 | Approve Remuneration of Executive Committee in the Amount of CHF 31.2 Million | Compensation | Board | AGAINST | 4 | |
| General Motors Company | June 2, 2026 | Proposal to Approve Amendment No. 2 to the Company's 2020 Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder | Compensation | Board | AGAINST | 4 | |
| 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 | 4 | |
| Glaukos Corporation | May 28, 2026 | Election of Directors: Denice M. Torres | Director Elections | Board | WITHHOLD | 4 | |
| 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 | 4 | |
| Graco Inc. | April 24, 2026 | Election of Directors: Martha A. Morfitt | Director Elections | Board | AGAINST | 4 | |
| Graham Holdings Company | May 5, 2026 | Election of Directors: Christopher C. Davis | Director Elections | Board | AGAINST | 4 | |
| Gray Media, Inc. | May 6, 2026 | Election of Directors: Howell W. Newton | Director Elections | Board | WITHHOLD | 4 | |
| Gray Media, Inc. | May 6, 2026 | Election of Directors: Richard L. Boger | Director Elections | Board | WITHHOLD | 4 | |
| Grid Dynamics Holdings, Inc. | December 23, 2025 | The approval of 3,500,000 additional shares under the Grid Dynamics Holdings, Inc. 2020 Equity Incentive Plan. | Compensation | Board | AGAINST | 4 | |
| Grid Dynamics Holdings, Inc. | December 23, 2025 | The approval, on a non-binding advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 4 | |
| 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 | 4 | |
| HCI Group, Inc. | June 10, 2026 | To elect Directors: Jay Madhu | Director Elections | Board | WITHHOLD | 4 | |
| Hamilton Lane Incorporated | September 4, 2025 | Advisory, non-binding vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 4 | |
| Hamilton Lane Incorporated | September 4, 2025 | Election of Class III Director: Hartley R. Rogers | Director Elections | Board | WITHHOLD | 4 | |
| Hanmi Financial Corporation | May 27, 2026 | Election of Directors: Gideon Yu | Director Elections | Board | AGAINST | 4 | |
| 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 | AGAINST | 4 | |
| Hermes International SA | April 17, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 4 | |
| Hermes International SA | April 17, 2026 | Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 4 | |
| Hermes International SA | April 17, 2026 | Reelect Dorothée Altmayer as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| Hermes International SA | April 17, 2026 | Reelect Renaud Momméja as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| Hermes International SA | April 17, 2026 | Reelect Éric de Seynes as Supervisory Board Member | Director Elections | Board | AGAINST | 4 | |
| Houlihan Lokey, Inc. | September 17, 2025 | To elect three Class I directors to our board of directors: Paul A. Zuber | Director Elections | Board | WITHHOLD | 4 | |
| Hyster-Yale, Inc. | May 12, 2026 | Election of Directors: Carolyn Corvi | Director Elections | Board | WITHHOLD | 4 | |
| Hyster-Yale, Inc. | May 12, 2026 | Election of Directors: Dennis W. LaBarre | Director Elections | Board | WITHHOLD | 4 | |
| Hyster-Yale, Inc. | May 12, 2026 | Election of Directors: John P. Jumper | Director Elections | Board | WITHHOLD | 4 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Elaine S. Yatzkan | Director Elections | Board | AGAINST | 4 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Eric F. Cosentino | Director Elections | Board | AGAINST | 4 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Howard S. Jonas | Director Elections | Board | AGAINST | 4 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Judah Schorr | Director Elections | Board | AGAINST | 4 | |
| 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 | AGAINST | 4 | |
| IMAX Corporation | June 10, 2026 | Advisory Vote on Named Executive Officer Compensation Approval, on an advisory basis, of the compensation of the Company's Named Executive Officers as set forth in the accompanying Proxy Circular and Proxy Statement. | Say-on-Pay | Board | AGAINST | 4 | |
| IQVIA HOLDINGS INC. | April 23, 2026 | Approve an advisory (non-binding) resolution to approve IQVIA's executive compensation (say-on- pay). | Say-on-Pay | Board | AGAINST | 4 | |
| IQVIA Holdings Inc. | April 23, 2026 | Approve Omnibus Stock Plan | Compensation | Board | AGAINST | 4 | |
| Inspire Medical Systems, Inc. | April 30, 2026 | Approval of an amendment and restatement of the Inspire Medical Systems, Inc. 2018 Incentive Award Plan. | Compensation | Board | AGAINST | 4 | |
| Inspire Medical Systems, Inc. | April 30, 2026 | Election of Class II Directors: Gary L. Ellis | Director Elections | Board | WITHHOLD | 4 | |
| KDDI Corp. | June 17, 2026 | Elect Director Takahashi, Makoto | Director Elections | Board | AGAINST | 4 | |
| Krystal Biotech, Inc. | May 15, 2026 | Election of Class III Directors: Christopher Mason | Director Elections | Board | WITHHOLD | 4 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 23, 2026 | Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 4 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 23, 2026 | Authorize up to 1 Percent of Issued Capital for Use in Stock Option Plans | Compensation | Board | AGAINST | 4 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 23, 2026 | Reelect Laurent Mignon as Director | Director Elections | Board | AGAINST | 4 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 23, 2026 | Reelect Natacha Valla as Director | Director Elections | Board | AGAINST | 4 | |
| Lazard, Inc. | May 21, 2026 | Approval of the amendment to the Lazard Inc. 2018 Incentive Compensation Plan. | Compensation | Board | AGAINST | 4 | |
| Liquidity Services, Inc. | February 26, 2026 | Approval of an amendment to the Liquidity Services, Inc. Third Amended and Restated 2006 Omnibus Long-Term Incentive Plan to increase the authorized number of shares. | Compensation | Board | AGAINST | 4 | |
| META PLATFORMS, INC. | May 27, 2026 | A shareholder proposal regarding data protection impact assessment on generative Al chatbots. | Other Social Issues | Shareholder | Against | FOR | 4 |
| MP Materials Corp. | June 9, 2026 | Elect Director Arnold W. Donald | Director Elections | Board | WITHHOLD | 4 | |
| MP Materials Corp. | June 9, 2026 | Elect Director Randall J. Weisenburger | Director Elections | Board | WITHHOLD | 4 | |
| Manhattan Associates, Inc. | May 14, 2026 | Election of Directors: Charles E. Moran | Director Elections | Board | AGAINST | 4 | |
| Manhattan Associates, Inc. | May 14, 2026 | Election of Directors: Eddie Capel | Director Elections | Board | AGAINST | 4 | |
| Marsh & McLennan Companies, Inc. | May 21, 2026 | Advisory Vote to Ratify Named Executive Officers' Compensation | Compensation | Board | AGAINST | 4 | |
| Merchants Bancorp | May 21, 2026 | Election of Directors: Anne E. Sellers | Director Elections | Board | WITHHOLD | 4 | |
| Meta Platforms, Inc. | May 27, 2026 | A shareholder proposal regarding report on addressing antisemitism and hate in online platforms. | Other Social Issues | Shareholder | Against | FOR | 4 |
| Meta Platforms, Inc. | May 27, 2026 | Election of Directors: Mark Zuckerberg | Director Elections | Board | WITHHOLD | 4 | |
| Microsoft Corporation | December 5, 2025 | Report on Data Operations in Human Rights Hotspots | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 4 |
| Moelis & Company | June 25, 2026 | To approve, on an advisory basis, the compensation of our Named Executive Officers. | Say-on-Pay | Board | AGAINST | 4 | |
| 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 | 4 | |
| Nabors Industries Ltd. | June 2, 2026 | Approval, on a non-binding, advisory basis, of the compensation paid by the Company to its named executive officers. | Say-on-Pay | Board | AGAINST | 4 | |
| Nature's Sunshine Products, Inc. | May 6, 2026 | To approve the adoption of the Nature's Sunshine Products, Inc. 2026 Stock Incentive Plan. | Compensation | Board | AGAINST | 4 | |
| Naturgy Energy Group SA | March 24, 2026 | Reelect Ramon Adell Ramon as Director | Director Elections | Board | AGAINST | 4 | |
| Newmark Group, Inc. | December 30, 2025 | Approval, on an advisory basis, of executive compensation. | Say-on-Pay | Board | AGAINST | 4 | |
| Newmark Group, Inc. | December 30, 2025 | Election of Directors: Kyle S. Lutnick | Director Elections | Board | WITHHOLD | 4 | |
| Newmark Group, Inc. | December 30, 2025 | Election of Directors: Stephen M. Merkel | Director Elections | Board | WITHHOLD | 4 |
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Built November 7, 2026 from SEC Form N-PX filings.