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Northern Trust 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Northern Trust 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

6,093 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.

Northern Trust, 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 recommendedNorthern Trust votedFunds
CK Infrastructure Holdings Limited May 20, 2026 Elect Fok Kin Ning, Canning as Director Director Elections Board AGAINST 5
CK Infrastructure Holdings Limited May 20, 2026 Elect Victor T K Li as Director Director Elections Board AGAINST 5
Caixa Seguridade Participacoes SA April 28, 2026 Ratify Luiz Francisco Monteiro De Barros Neto as Director Director Elections Board AGAINST 5
Canon, Inc. March 27, 2026 Appoint Statutory Auditor Asakura, Kaori Compensation Board AGAINST 5
Canon, Inc. March 27, 2026 Elect Director Mitarai, Fujio Director Elections Board AGAINST 5
Canon, Inc. March 27, 2026 Elect Director Ogawa, Kazuto Director Elections Board AGAINST 5
Carlisle Companies Incorporated April 29, 2026 To elect the two directors nominated by the Board of Directors: Sheryl D. Palmer Director Elections Board AGAINST 5
Central Japan Railway Co. June 23, 2026 Elect Director Oshima, Taku Director Elections Board AGAINST 5
China Petroleum & Chemical Corp. May 13, 2026 Approve Grant of General Mandate to the Board to Issue New Domestic Shares and/or Overseas-Listed Foreign Shares Capital Structure Board AGAINST 5
China Shenhua Energy Company Limited October 24, 2025 Approve Grant of General Mandate to Issue Shares to the Board and Authorized Person(s) of the Board and Related Transactions Capital Structure Board AGAINST 5
China Tower Corporation Limited May 15, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Domestic Shares and H Shares and Authorize Board to Increase the Registered Capital and Amend Articles of Association Capital Structure Board AGAINST 5
Coca-Cola Europacific Partners plc May 28, 2026 Re-elect Jose Ignacio Comenge as Director Director Elections Board AGAINST 5
Coca-Cola Europacific Partners plc May 28, 2026 Re-elect Manolo Arroyo as Director Director Elections Board AGAINST 5
Coca-Cola Europacific Partners plc May 28, 2026 Re-elect Sol Daurella as Director Director Elections Board AGAINST 5
Compagnie Financiere Richemont SA September 10, 2025 Approve Variable Remuneration of Executive Committee in the Amount of CHF 30.6 Million Compensation Board AGAINST 5
Compagnie Financiere Richemont SA September 10, 2025 Reelect Gary Saage as Director Director Elections Board AGAINST 5
Compagnie Financiere Richemont SA September 10, 2025 Reelect Johann Rupert as Director and Board Chair Director Elections Board AGAINST 5
Compagnie Financiere Richemont SA September 10, 2025 Reelect Nikesh Arora as Director Director Elections Board AGAINST 5
Continental AG April 30, 2026 Reelect Georg Schaeffler to the Supervisory Board Director Elections Board AGAINST 5
Covivio SA April 16, 2026 Reelect Romolo Bardin as Director Director Elections Board AGAINST 5
Dai Nippon Printing Co., Ltd. June 26, 2026 Elect Director Kitajima, Yoshinari Director Elections Board AGAINST 5
Douglas Emmett, Inc. May 28, 2026 To approve the Douglas Emmett, Inc. 2026 Omnibus Stock Incentive Plan. Compensation Board AGAINST 5
Douglas Emmett, Inc. May 28, 2026 To approve, in a non-binding advisory vote, our executive compensation. Say-on-Pay Board AGAINST 5
Eiffage SA April 22, 2026 Elect Sophie Boissard as Director Director Elections Board AGAINST 5
Eli Lilly and Company May 4, 2026 Shareholder proposal to prepare an annual lobbying report. Other Social Issues Shareholder Against FOR 5
Epiroc AB May 5, 2026 Reelect Fredric Stahl as Director Director Elections Board AGAINST 5
Epiroc AB May 5, 2026 Reelect Johan Forssell as Director Director Elections Board AGAINST 5
Essent Group Ltd. May 6, 2026 ELECTION OF DIRECTORS: William Spiegel Class III Director Director Elections Board WITHHOLD 5
Evonik Industries AG June 3, 2026 Approve Remuneration Report Compensation Board AGAINST 5
Ferrovial SE April 9, 2026 Reelect Gonzalo Pedro Urquijo Fernandez De Araoz as Non-Executive Director Director Elections Board AGAINST 5
Graham Holdings Company May 5, 2026 Election of Directors: Christopher C. Davis Director Elections Board AGAINST 5
HP Inc. April 16, 2026 To approve the Fifth Amended and Restated HP Inc. 2004 Stock Incentive Plan. Compensation Board AGAINST 5
Hecla Mining Company May 21, 2026 ELECTION OF TWO CLASS I DIRECTORS: Dean R. Gehring Director Elections Board AGAINST 5
Henderson Land Development Company Limited June 2, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 5
Henderson Land Development Company Limited June 2, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 5
Henderson Land Development Company Limited June 2, 2026 Elect Fung Lee Woon King as Director Director Elections Board AGAINST 5
Henderson Land Development Company Limited June 2, 2026 Elect Lee Ka Kit as Director Director Elections Board AGAINST 5
Henderson Land Development Company Limited June 2, 2026 Elect Lee Ka Shing as Director Director Elections Board AGAINST 5
Hermes International SA April 17, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 5
Hermes International SA April 17, 2026 Approve Compensation of Axel Dumas, General Manager Compensation Board AGAINST 5
Hermes International SA April 17, 2026 Approve Compensation of Emile Hermes SAS, General Manager Compensation Board AGAINST 5
Hermes International SA April 17, 2026 Approve Remuneration Policy of General Managers Compensation Board AGAINST 5
Hermes International SA April 17, 2026 Authorize Repurchase of Up to 10 Percent of Issued Share Capital Capital Structure Board AGAINST 5
Hermes International SA April 17, 2026 Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 5
Hochtief AG April 29, 2026 Approve Remuneration Report Compensation Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Angel Altozano to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Beate Bell to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Christine Wolff to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Cristina Gonzalez de Durana to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Francisco Sanz to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Jose Perez to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Mirja Steinkamp to the Supervisory Board Director Elections Board AGAINST 5
Hochtief AG April 29, 2026 Reelect Pedro Jimenez to the Supervisory Board Director Elections Board AGAINST 5
ICICI Bank Limited February 25, 2026 Elect Vijayalakshmi Iyer as Director Director Elections Board AGAINST 5
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 5
International Business Machines Corporation April 28, 2026 Approval of 2026 Long-Term Performance Plan Compensation Board AGAINST 5
International Container Terminal Services, Inc. April 16, 2026 Approve Cancellation of Remaining Unissued Preferred A Shares after Conversion Capital Structure Board AGAINST 5
International Container Terminal Services, Inc. April 16, 2026 Approve Chief Executive Officer Stock Option Plan (CSOP) Compensation Board AGAINST 5
International Container Terminal Services, Inc. April 16, 2026 Approve Creation of Preferred C Shares and Conversion of Unissued Preferred A Shares to Preferred C Shares Capital Structure Board AGAINST 5
International Container Terminal Services, Inc. April 16, 2026 Approve Decrease of Authorized Capital Stock Capital Structure Board AGAINST 5
International Container Terminal Services, Inc. April 16, 2026 Elect Andres Soriano III as Director Director Elections Board ABSTAIN 5
International Container Terminal Services, Inc. April 16, 2026 Elect Diosdado M. Peralta as Director Director Elections Board ABSTAIN 5
International Container Terminal Services, Inc. April 16, 2026 Elect Jose C. Ibazeta as Director Director Elections Board ABSTAIN 5
International Container Terminal Services, Inc. April 16, 2026 Elect Martin O'Neil as Director Director Elections Board ABSTAIN 5
International Container Terminal Services, Inc. April 16, 2026 Elect Stephen A. Paradies as Director Director Elections Board ABSTAIN 5
Janus Henderson Group Plc May 29, 2026 Approval to Increase the Cap on Aggregate Annual Compensation for Non-Executive Directors Compensation Board AGAINST 5
Kuehne + Nagel International AG May 6, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 5
Kuehne + Nagel International AG May 6, 2026 Approve Remuneration of Executive Committee in the Amount of CHF 30 Million Compensation Board AGAINST 5
London Stock Exchange Group plc April 23, 2026 Re-elect Scott Guthrie as Director Director Elections Board AGAINST 5
Merck & Co., Inc. May 26, 2026 Shareholder proposal regarding a report on political contributions. Other Social Issues Shareholder Against FOR 5
Microsoft Corporation December 5, 2025 Report on Al Data Usage Oversight Other Social Issues Shareholder Against FOR 5
Microsoft Corporation December 5, 2025 Report on Al and Machine Learning Tools for Oil and Gas Development and Production Other Social Issues Shareholder Against FOR 5
Mitsubishi Chemical Group Corp. June 24, 2026 Elect Director Chikumoto, Manabu Director Elections Board AGAINST 5
Mitsubishi Chemical Group Corp. June 24, 2026 Elect Director Fukuda, Nobuo Director Elections Board AGAINST 5
Murata Manufacturing Co. Ltd. June 29, 2026 Elect Director and Audit Committee Member Enomoto, Seiichi Director Elections Board AGAINST 5
NRG Energy, Inc. April 30, 2026 To approve the NRG Energy, Inc. 2026 Long-Term Incentive Plan. Compensation Board AGAINST 5
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Ivan Espinosa Director Elections Board AGAINST 5
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Nagai, Moto Director Elections Board AGAINST 5
Nissan Motor Co., Ltd. June 23, 2026 Elect Director Shimbo, Junichi Director Elections Board AGAINST 5
Novonesis (Novozymes A/S) March 23, 2026 Reelect Kasim Kutay Lane as Director Director Elections Board ABSTAIN 5
OUTFRONT Media Inc. June 3, 2026 Approval of the OUTFRONT Media Inc. Amended and Restated Omnibus Stock Incentive Plan. Compensation Board AGAINST 5
Orange SA May 19, 2026 Dismiss Pierre Chaussoneaux as Representative of Employees to the Board to Comply with Legal Changes Re: Gender Parity on the Board of Directors Director Elections Board AGAINST 5
Orange SA May 19, 2026 Dismiss Vincent Gimeno as Representative of Employees to the Board to Comply with Legal Changes Re: Gender Parity on the Board of Directors Director Elections Board AGAINST 5
PT Bank Negara Indonesia (Persero) Tbk March 9, 2026 Approve Share Repurchase Program and Transfer of Repurchased Shares Capital Structure Board AGAINST 5
PT Telkom Indonesia (Persero) Tbk June 8, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 5
Palantir Technologies Inc. June 3, 2026 Election of Directors: Alexander Moore Director Elections Board WITHHOLD 5
Palantir Technologies Inc. June 3, 2026 Election of Directors: Alexandra Schiff Director Elections Board WITHHOLD 5
Palantir Technologies Inc. June 3, 2026 Stockholder proposal entitled "Human Rights Impact Assessment," if properly presented at the Annual Meeting. Human Rights or Human Capital/workforce Shareholder Against FOR 5
Palantir Technologies Inc. June 3, 2026 Stockholder proposal entitled "Political Spending Disclosure," if properly presented at the Annual Meeting. Other Social Issues Shareholder Against FOR 5
Pandora AS March 11, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 5
Paramount Group, Inc. December 16, 2025 To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company's named executive officers in connection with the mergers. Say-on-Pay Board AGAINST 5
Pearson Plc May 1, 2026 Approve Remuneration Policy Compensation Board AGAINST 5
PetroChina Company Limited June 9, 2026 Elect Dai Houliang as Director Director Elections Board AGAINST 5
PetroChina Company Limited June 9, 2026 Elect Duan Liangwei as Director Director Elections Board AGAINST 5
PetroChina Company Limited June 9, 2026 Elect Yan, Andrew Y as Director Director Elections Board AGAINST 5
PetroChina Company Limited June 9, 2026 Elect Zhou Song as Director Director Elections Board AGAINST 5
Plymouth Industrial REIT, Inc. January 22, 2026 To approve, by a non-binding, advisory vote, the compensation that may be paid or become payable to the Company's named executive officers in connection with the transactions contemplated by the Merger Agreement; and Say-on-Pay Board AGAINST 5
Poste Italiane SpA April 27, 2026 Approve Long Term Incentive Plan Phantom Stock Option Compensation Board AGAINST 5
Poste Italiane SpA April 27, 2026 Approve Remuneration Policy Compensation Board AGAINST 5
Poste Italiane SpA April 27, 2026 Approve Short Term Incentive Plan MBO 2026 Compensation Board AGAINST 5

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Built November 1, 2026 from SEC Form N-PX filings.