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ProShares 2025-2026: where it broke with the board

2,874 proposals in the 2025-2026 proxy season: ProShares voted against, or withheld its votes from, 2,852 proposals put forward by company boards, and voted for 22 shareholder proposals, by its own Form N-PX filings.

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

2,874 proposals.

ProShares, 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 recommendedProShares votedFunds
Protagonist Therapeutics, Inc. June 17, 2026 To approve the adoption of the Company's 2026 Equity Incentive Plan. Compensation Board AGAINST 15
Protagonist Therapeutics, Inc. June 17, 2026 To elect the Class I director nominees named below to hold office until the 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualified: Dinesh V. Patel, Ph.D. Director Elections Board WITHHOLD 15
Stellar Bancorp, Inc. May 27, 2026 To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Stellar's named executive officers that is based on or otherwise relates to the merger. Say-on-Pay Board AGAINST 15
Universal Display Corporation June 18, 2026 Advisory resolution to approve the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 15
Veracyte, Inc. June 10, 2026 The approval of an amendment to our Veracyte, Inc. 2023 Equity Incentive Plan. Compensation Board AGAINST 15
Veris Residential, Inc. May 21, 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 that is based on or otherwise relates to the Transactions, including the Mergers. Say-on-Pay Board AGAINST 15
Xencor, Inc. June 16, 2026 Approval of the amendment to the Company's Amended and Restated 2023 Equity Incentive Plan to increase the number of authorized shares reserved for issuance thereunder by 4,000,000 shares; and Compensation Board AGAINST 15
A10 Networks, Inc. April 22, 2026 To approve, on an advisory and non-binding basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 14
Axos Financial, Inc. November 13, 2025 Election of Directors: James J. Court Director Elections Board WITHHOLD 14
Axos Financial, Inc. November 13, 2025 Election of Directors: Stefani D. Carter Director Elections Board WITHHOLD 14
Axos Financial, Inc. November 13, 2025 To approve an amendment to the Amended and Restated 2014 Stock Incentive Plan. Compensation Board AGAINST 14
Axos Financial, Inc. November 13, 2025 To approve in a non-binding and advisory vote, the compensation of the Company's Named Executive Officers as disclosed in the proxy statement. Say-on-Pay Board AGAINST 14
BGC Group, Inc. November 12, 2025 Approval, on an advisory basis, of executive compensation. Say-on-Pay Board AGAINST 14
BGC Group, Inc. November 12, 2025 Election of Directors: Arthur U. Mbanefo Director Elections Board WITHHOLD 14
BGC Group, Inc. November 12, 2025 Election of Directors: Brandon G. Lutnick Director Elections Board WITHHOLD 14
BGC Group, Inc. November 12, 2025 Election of Directors: David P. Richards Director Elections Board WITHHOLD 14
BGC Group, Inc. November 12, 2025 Election of Directors: Linda A. Bell Director Elections Board WITHHOLD 14
BGC Group, Inc. November 12, 2025 Election of Directors: Stephen M. Merkel Director Elections Board WITHHOLD 14
BGC Group, Inc. November 12, 2025 Election of Directors: William D. Addas Director Elections Board WITHHOLD 14
Bank of Hawaii Corporation April 24, 2026 Say on Pay - An advisory vote on executive compensation. Say-on-Pay Board AGAINST 14
Beacon Financial Corporation May 13, 2026 To approve, on a non-binding advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 14
CVR Energy, Inc. June 4, 2026 To approve, on an advisory basis, our named executive officer compensation. Say-on-Pay Board AGAINST 14
CarGurus, Inc. June 3, 2026 To elect two Class III directors to hold office until the 2029 Annual Meeting of Stockholders: Manik Gupta Director Elections Board WITHHOLD 14
Cogent Communications Holdings, Inc. May 1, 2026 To approve the Third Amended and Restated 2017 Incentive Award Plan of the Company, including an increase in the number of shares available for issuance thereunder by 1.5 million shares. Compensation Board AGAINST 14
Cogent Communications Holdings, Inc. May 1, 2026 To hold an advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 14
Enact Holdings, Inc. May 13, 2026 Election of Directors: Thomas J. McInerney Director Elections Board WITHHOLD 14
Glaukos Corporation May 28, 2026 Election of Directors: Denice M. Torres Director Elections Board WITHHOLD 14
Goosehead Insurance, Inc. May 4, 2026 Election of Directors: Robyn Jones Director Elections Board WITHHOLD 14
Goosehead Insurance, Inc. May 4, 2026 Election of Directors: William Wade, Jr. Director Elections Board WITHHOLD 14
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 14
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 14
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 14
LegalZoom.com, Inc. June 3, 2026 To elect the one director nominee named in the proxy statement as a Class II director of the Company to serve for a three-year term and until her successor has been duly elected and qualified, or until her earlier death, resignation, removal, retirement or disqualification: Sivan Whiteley Director Elections Board WITHHOLD 14
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 14
MaxLinear, Inc. May 20, 2026 To approve, on an advisory basis, the compensation of our named executive officers for the year ended December 31, 2025, as set forth in the proxy statement. Say-on-Pay Board AGAINST 14
Moelis & Company June 25, 2026 Election of Directors: Kenneth L. Shropshire Director Elections Board AGAINST 14
Moelis & Company June 25, 2026 Election of Directors: Laila J. Worrell Director Elections Board AGAINST 14
Moelis & Company June 25, 2026 Election of f Directors: Louise Mirrer Director Elections Board AGAINST 14
Moelis & Company June 25, 2026 To approve, on an advisory basis, the compensation of our Named Executive Officers. Say-on-Pay Board AGAINST 14
N-able, Inc. May 28, 2026 Election of Class II Directors: James Cameron McMartin Director Elections Board WITHHOLD 14
N-able, Inc. May 28, 2026 Election of Class II Directors: Michael Bingle Director Elections Board WITHHOLD 14
OUTFRONT Media Inc. June 3, 2026 Election of Director Nominees: Angela Courtin Director Elections Board AGAINST 14
OUTFRONT Media Inc. June 3, 2026 Election of Director Nominees: Susan M. Tolson Director Elections Board AGAINST 14
Pacific Premier Bancorp, Inc. July 21, 2025 Approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to the named executive officers of Pacific Premier in connection with the transactions contemplated by the merger agreement. Say-on-Pay Board AGAINST 14
Par Pacific Holdings, Inc. April 30, 2026 To approve the Par Pacific Holdings, Inc. 2026 Long-Term Incentive Plan. Compensation Board AGAINST 14
Power Integrations, Inc. June 3, 2026 To approve the amendment and restatement of the Power Integrations, Inc. 2016 Incentive Award Plan to Increase the number of shares reserved for issuance thereunder. Compensation Board AGAINST 14
SkyWest, Inc. May 5, 2026 A shareholder proposal regarding collective bargaining policy. Human Rights or Human Capital/workforce Shareholder Against FOR 14
TG Therapeutics, Inc. June 11, 2026 An advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board AGAINST 14
TG Therapeutics, Inc. June 11, 2026 Election of Directors: Daniel Hume Director Elections Board WITHHOLD 14
TG Therapeutics, Inc. June 11, 2026 Election of Directors: Kenneth Hoberman Director Elections Board WITHHOLD 14
TG Therapeutics, Inc. June 11, 2026 Election of Directors: Laurence Charney Director Elections Board WITHHOLD 14
TG Therapeutics, Inc. June 11, 2026 Election of Directors: Michael S. Weiss Director Elections Board WITHHOLD 14
TG Therapeutics, Inc. June 11, 2026 Election of Directors: Sagar Lonial, MD Director Elections Board WITHHOLD 14
TG Therapeutics, Inc. June 11, 2026 Election of Directors: Yann Echelard Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Ellen R. Gordon Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Karen G. Mills Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Lana Jane Lewis-Brent Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Michael A. Chodos Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Paula M. Wardynski Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Virginia L. Gordon Director Elections Board WITHHOLD 14
Tootsie Roll Industries, Inc. May 6, 2026 To approve, on an advisory basis, the overall compensation of the Company's named executive officers for fiscal 2025. Say-on-Pay Board AGAINST 14
Triumph Financial, Inc. April 23, 2026 Management Proposal Regarding Advisory Approval of the Company's Executive Compensation Say-on-Pay Board AGAINST 14
UniFirst Corporation June 11, 2026 To approve, by an advisory (non-binding) vote, certain compensation that may be paid or become payable to UniFirst named executed officers that is based on or otherwise relates to the transactions contemplated by the merger agreement (the "UniFirst compensation proposal"). Say-on-Pay Board AGAINST 14
United Parks & Resorts Inc. June 16, 2026 Election of the ten director nominees: James Chambers Director Elections Board AGAINST 14
United Parks & Resorts Inc. June 16, 2026 Election of the ten director nominees: Scott Ross Director Elections Board AGAINST 14
United Parks & Resorts Inc. June 16, 2026 Election of the ten director nominees: Thomas E. Moloney Director Elections Board AGAINST 14
United Parks & Resorts Inc. June 16, 2026 Election of the ten director nominees: Yoshikazu Maruyama Director Elections Board AGAINST 14
Victory Capital Holdings, Inc. May 6, 2026 Election of Class II Directors: Mary Jackson Director Elections Board AGAINST 14
Walker & Dunlop, Inc. May 19, 2026 Advisory resolution to approve executive compensation Say-on-Pay Board AGAINST 14
ACM Research, Inc. June 10, 2026 Election of Directors: Charles Pappis Director Elections Board WITHHOLD 13
ACM Research, Inc. June 10, 2026 Election of Directors: David H. Wang Director Elections Board WITHHOLD 13
ACM Research, Inc. June 10, 2026 Election of Directors: Tracy Liu Director Elections Board WITHHOLD 13
Ambarella, Inc. June 26, 2026 To approve an amendment and restatement of the Ambarella, Inc. 2021 Equity Incentive Plan. Compensation Board AGAINST 13
Atlas Energy Solutions Inc. May 7, 2026 Election to the Company's Board of Directors of the two Class III directors set forth in the accompanying proxy statement, each of whom will hold office until the 2029 Annual Meeting of Stockholders and until their successor is elected and qualified or until their earlier death, resignation or removal: Gayle Burleson Director Elections Board WITHHOLD 13
BlackLine, Inc. May 7, 2026 Election of Directors: David Henshall Director Elections Board WITHHOLD 13
CRISPR Therapeutics AG June 4, 2026 Approval of the CRISPR Therapeutics AG 2026 Stock Option and Incentive Plan. Compensation Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Binding vote on maximum equity for members of the Board of Directors from the 2026 Annual General Meeting to the 2027 annual general meeting of shareholders. Compensation Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Binding vote on maximum equity for members of the Executive Committee from the 2026 Annual General Meeting to the 2027 annual general meeting of shareholders. Compensation Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Binding vote on maximum non-performance-related compensation for members of the Executive Committee from July 1, 2026 to June 30, 2027. Compensation Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Binding vote on maximum variable compensation for members of the Executive Committee for the current year ending December 31, 2026. Compensation Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Non-binding advisory vote on the 2025 Compensation Report. Compensation Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Non-binding advisory vote on the compensation paid to the Company's named executive officers under U.S. securities law requirements. Say-on-Pay Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Re-election of Ali Behbahani, M.D. Director Elections Board AGAINST 13
CRISPR Therapeutics AG June 4, 2026 Re-election of the members of the Compensation Committee: Re-election of Ali Behbahani, M.D. Director Elections Board AGAINST 13
Central Garden & Pet Company February 11, 2026 Election of Directors: Brendan P. Dougher Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: Brooks M. Pennington III Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: Christopher T. Metz Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: Courtnee Chun Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: John R. Ranelli Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: M. Beth Springer Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: Nicholas Lahanas Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: Randal D. Lewis Director Elections Board WITHHOLD 13
Central Garden & Pet Company February 11, 2026 Election of Directors: William E. Brown Director Elections Board WITHHOLD 13
Hilltop Holdings Inc. July 24, 2025 Non-binding advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 13
LiveRamp Holdings, Inc. August 12, 2025 Approval of an increase in the number of shares available for issuance under the Company's Amended and Restated 2005 Equity Compensation Plan. Compensation Board AGAINST 13
Marvell Technology, Inc. June 25, 2026 An advisory (non-binding) vote to approve compensation of our named executive officers. Say-on-Pay Board AGAINST 13
Novavax, Inc. June 18, 2026 The approval, on an advisory basis, of the compensation of our Named Executive Officers. Say-on-Pay Board AGAINST 13
PDD Holdings Inc. December 19, 2025 Elect Director Haifeng Lin Director Elections Board AGAINST 13
PDD Holdings Inc. December 19, 2025 Elect Director Jiazhen Zhao Director Elections Board AGAINST 13
PDD Holdings Inc. December 19, 2025 Elect Director Lei Chen Director Elections Board AGAINST 13

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