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UBS 2025-2026: where it broke with the board

2,366 proposals in the 2025-2026 proxy season: UBS voted against, or withheld its votes from, 2,326 proposals put forward by company boards, and voted for 40 shareholder proposals, by its own Form N-PX filings.

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

2,366 proposals.

UBS, 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 recommendedUBS votedFunds
Semtech Corporation June 4, 2026 Approve, on an advisory basis, the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 3
Sensata Technologies Holding Plc June 9, 2026 Advisory resolution to approve executive compensation Say-on-Pay Board (inferred) AGAINST 3
Sensient Technologies Corporation April 23, 2026 Proposal to approve the compensation paid to Sensient's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion in the accompanying proxy statement. Say-on-Pay Board (inferred) AGAINST 3
SentinelOne, Inc. June 25, 2026 Approval, on a non-binding advisory basis, of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Service Corporation International May 6, 2026 To approve, by advisory vote, named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
ServisFirst Bancshares, Inc. May 18, 2026 To approve, on an advisory basis, the compensation of our named executive officers as described in the Proxy Statement. Say-on-Pay Board (inferred) AGAINST 3
Shake Shack Inc. June 10, 2026 Approval, on an advisory basis, of the compensation of our Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 3
Shenandoah Telecommunications Company April 21, 2026 To consider and approve, in a non-binding vote, the Company's named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
Shoals Technologies Group, Inc. April 30, 2026 Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers (i.e., "say-on-pay proposal). Say-on-Pay Board (inferred) AGAINST 3
Shoe Carnival, Inc. June 10, 2026 To approve, in an advisory (non-binding) vote, the compensation paid to the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Shutterstock, Inc. December 22, 2025 To cast a non-binding advisory vote to approve named executive officer compensation ("say-on-pay"). Say-on-Pay Board (inferred) AGAINST 3
SiTime Corporation May 29, 2026 To approve, on an advisory basis, the compensation of SiTime's named executive officers as disclosed in SiTime's proxy statement. Say-on-Pay Board (inferred) AGAINST 3
Silgan Holdings Inc. May 26, 2026 Advisory vote to approve the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Simmons First National Corporation May 13, 2026 To adopt the following non-binding resolution approving the compensation of the named executive officers of the Company: "RESOLVED, that the compensation paid to the Company's named executive officers, as disclosed in the proxy statement pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, the compensation tables, and narrative discussion, is hereby APPROVED." Say-on-Pay Board (inferred) AGAINST 3
Simpson Manufacturing Co., Inc. May 6, 2026 Approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Sinclair, Inc. June 4, 2026 Approval, by non-binding advisory vote, on our executive compensation. Say-on-Pay Board (inferred) AGAINST 3
Sirius XM Holdings Inc. May 28, 2026 Advisory approval of named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
Sitio Royalties Corp. August 18, 2025 The approval, on a non-binding, advisory basis, of the compensation that may be paid or become payable to Sitio Royalties Corp's named executive officers that is based on or otherwise relates to the mergers contemplated by the Agreement and Plan of Merger, dated as of June 2, 2025. Say-on-Pay Board (inferred) AGAINST 3
SkyWest, Inc. May 5, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Skyward Specialty Insurance Group, Inc. May 5, 2026 The approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
SmartStop Self Storage REIT, Inc. June 23, 2026 The approval, on a non-binding, advisory basis, of the compensation of our named executive officers, as disclosed in this proxy statement: Say-on-Pay Board (inferred) AGAINST 3
Smith & Wesson Brands, Inc. September 15, 2025 To approve on an advisory basis the compensation of our named executive officers for fiscal 2025 ("say-on-pay"). Say-on-Pay Board (inferred) AGAINST 3
Solaris Energy Infrastructure, Inc. May 15, 2026 Approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for the year ended December 31, 2025. Say-on-Pay Board (inferred) AGAINST 3
Somnigroup International, Inc. May 13, 2026 ADVISORY VOTE TO APPROVE THE COMPENSATION OF NAMED EXECUTIVE OFFICERS; AND Say-on-Pay Board (inferred) AGAINST 3
Sonic Automotive, Inc. April 29, 2026 Advisory vote to approve Sonic's named executive officer compensation in fiscal 2025. Say-on-Pay Board (inferred) AGAINST 3
Sonoco Products Company April 15, 2026 To approve, on an advisory (non-binding) basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Sonos, Inc. March 5, 2026 Advisory approval of the named executive officer compensation (the say-on-pay vote). Say-on-Pay Board (inferred) AGAINST 3
Sotera Health Company May 21, 2026 Approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
SouthState Bank Corporation April 15, 2026 Approval, as an advisory, non-binding "say on pay" resolution, of our executive compensation; Say-on-Pay Board (inferred) AGAINST 3
Southside Bancshares, Inc. May 14, 2026 Approve a non-binding advisory vote on the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Southwest Gas Holdings, Inc. May 7, 2026 To APPROVE, on a non-binding, advisory basis, the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 3
SpartanNash Company September 9, 2025 Approve, on a non-binding basis, certain compensation that will or may be paid by SpartanNash to SpartanNash's named executive officers that is based on or otherwise relates to the Merger. Say-on-Pay Board (inferred) AGAINST 3
Sphere Entertainment Co. June 10, 2026 Approval of, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Sprout Social, Inc. May 20, 2026 To conduct an advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Spyre Therapeutics, Inc. May 27, 2026 To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Stagwell Inc. June 11, 2026 Approval, on an advisory basis, of the 2025 compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Standard Motor Products, Inc. May 21, 2026 Approval of non-binding, advisory resolution on the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
StandardAero, Inc. June 25, 2026 Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Standex International Corporation October 21, 2025 To conduct an advisory vote on the total compensation paid to the executives of the Company. Say-on-Pay Board (inferred) AGAINST 3
Steelcase Inc. July 9, 2025 Advisory vote to approve named executive officer compensation Say-on-Pay Board (inferred) AGAINST 3
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 (inferred) AGAINST 3
StepStone Group Inc. September 9, 2025 To approve, on a non-binding and advisory basis, the compensation of our named executive officers ("Say-on-Pay"). Say-on-Pay Board (inferred) AGAINST 3
Stepan Company April 28, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
Sterling Infrastructure, Inc. May 7, 2026 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Steven Madden, Ltd. May 20, 2026 To approve, by non-binding advisory vote, the executive compensation described in the Steven Madden, LTD. Proxy Statement. Say-on-Pay Board (inferred) AGAINST 3
Stewart Information Services Corporation May 7, 2026 Approval of the compensation of Stewart Information Services Corporation's named executive officers (Say-on-Pay). Say-on-Pay Board (inferred) AGAINST 3
Stifel Financial Corp. June 9, 2026 To approve, on an advisory basis, the compensation of our named executive officers (say on pay). Say-on-Pay Board (inferred) AGAINST 3
Stock Yards Bancorp, Inc. April 23, 2026 The advisory approval of the compensation of Stock Yards Bancorp's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Stoke Therapeutics, Inc. June 3, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
StoneX Group Inc. March 10, 2026 To approve the advisory (non-binding) resolution relating to executive compensation. Say-on-Pay Board (inferred) AGAINST 3
Stryker Corporation May 6, 2026 Ratification of Appointment of Ernst & Young LLP as Our Independent Registered Public Accounting Firm for 2026. Audit-related Board AGAINST 3
SunCoke Energy, Inc. May 14, 2026 To hold a non-binding advisory vote to approve the compensation of the Company's named executive officers ("Say-on-Pay"). Say-on-Pay Board (inferred) AGAINST 3
SunOpta Inc. April 16, 2026 The Executive Compensation Proposal. To approve, on an advisory, non-binding basis, the compensation that may be paid or become payable to SunOpta Inc.'s named executive officers in connection with the consummation of the Arrangement. Say-on-Pay Board (inferred) AGAINST 3
Supernus Pharmaceuticals, Inc. June 18, 2026 To approve, on a non-binding basis, the compensation paid to our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Sweetgreen, Inc. June 11, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the accompanying proxy statement. Say-on-Pay Board (inferred) AGAINST 3
Sylvamo Corporation May 15, 2026 Approve, on a non-binding advisory basis, the compensation of our named executive officers Say-on-Pay Board (inferred) AGAINST 3
Symbotic Inc. March 5, 2026 To approve an advisory vote on the compensation paid to our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Synaptics Incorporated October 28, 2025 Proposal to approve, on a non-binding advisory basis, the compensation of the Company's Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 3
Syndax Pharmaceuticals, Inc. June 10, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the 2026 proxy statement. Say-on-Pay Board (inferred) AGAINST 3
Synovus Financial Corp. November 6, 2025 To approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Synovus' named executive officers in connection with the merger. Say-on-Pay Board (inferred) AGAINST 3
T1 Energy Inc. June 17, 2026 Advisory vote on the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
TD SYNNEX Corporation March 25, 2026 An advisory vote to approve our Executive Compensation Say-on-Pay Board (inferred) AGAINST 3
TEGNA Inc. November 18, 2025 To approve, on an advisory (non-binding basis), the compensation that may be paid or become payable to TEGNA's named executive officers that is based on or otherwise related to the Merger Agreement and the transactions contemplated by the Merger Agreement. Say-on-Pay Board (inferred) AGAINST 3
TETRA Technologies, Inc. May 22, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 3
TFS Financial Corporation February 26, 2026 Advisory vote on compensation of named Executive Officers. Say-on-Pay Board (inferred) AGAINST 3
TG Therapeutics, Inc. June 11, 2026 An advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
THOR Industries, Inc. December 17, 2025 Non-binding advisory vote to approve the compensation of our named executive officers (NEOs). Say-on-Pay Board (inferred) AGAINST 3
TPG Inc. June 3, 2026 Advisory Vote to Approve Executive Compensation (Say-on-Pay) Say-on-Pay Board (inferred) AGAINST 3
TPG RE Finance Trust, Inc. May 19, 2026 Advisory Vote on Executive Compensation: To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
TTM Technologies, Inc. May 7, 2026 To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Talen Energy Corporation May 5, 2026 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Tandem Diabetes Care, Inc. May 20, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Tarsus Pharmaceuticals, Inc. June 25, 2026 To hold an advisory vote to approve, on a non-binding basis, our named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
Taylor Morrison Home Corporation May 21, 2026 Advisory vote to approve the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
TechTarget, Inc. July 24, 2025 To approve an advisory (non-binding) resolution to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 3
TechnipFMC plc May 1, 2026 2025 U.S. Say-on-Pay for Named Executive Officers: To approve, as a non-binding advisory resolution, the Company's named executive officer compensation for the year ended December 31, 2025, as reported in the Company's Proxy Statement. Say-on-Pay Board (inferred) AGAINST 3
Teladoc Health, Inc. May 21, 2026 Approve, on an advisory basis, the compensation of Teladoc Health's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Teleflex Incorporated May 15, 2026 Approval, on an advisory basis, of named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 3
Telephone and Data Systems, Inc. May 21, 2026 Advisory vote to approve executive compensation Say-on-Pay Board (inferred) AGAINST 3
Tenable Holdings, Inc. May 13, 2026 To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement. Say-on-Pay Board (inferred) AGAINST 3
Tenet Healthcare Corporation May 27, 2026 To vote, on an advisory basis, to approve the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 3
TeraWulf Inc. June 9, 2026 The approval, on a non-binding, advisory basis, of the compensation of our named executive officers ("Say-on-Pay"); and Say-on-Pay Board (inferred) AGAINST 3
Teradata Corporation May 14, 2026 An advisory (non-binding) vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 3
Terex Corporation June 25, 2026 To approve the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
Texas Instruments Incorporated April 16, 2026 Election of Directors: Carrie Cox Director Elections Board AGAINST 3
Texas Instruments Incorporated April 16, 2026 Election of Directors: Martin Craighead Director Elections Board AGAINST 3
Texas Instruments Incorporated April 16, 2026 Election of Directors: Todd Bluedorn Director Elections Board AGAINST 3
Texas Roadhouse, Inc. May 21, 2026 Say on Pay - An Advisory Vote on the Approval of Executive Compensation Say-on-Pay Board (inferred) AGAINST 3
The Bancorp, Inc. May 27, 2026 Advisory (non-binding) approval of the 2025 compensation of The Bancorp, Inc.'s named executive officers. Say-on-Pay Board (inferred) AGAINST 3
The Boston Beer Company, Inc. May 27, 2026 Advisory vote to approve our Named Executive Officers' executive compensation. Say-on-Pay Board (inferred) AGAINST 3
The Buckle, Inc. June 1, 2026 Advisory vote on overall compensation for the Company's Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 3
The Chefs' Warehouse, Inc. May 8, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers as disclosed in the 2026 Proxy Statement. Say-on-Pay Board (inferred) AGAINST 3
The Coca-Cola Company April 29, 2026 Election of Directors: Christopher C. Davis Director Elections Board AGAINST 3
The Ensign Group, Inc. May 13, 2026 Approval, on an advisory basis, of our named executive officers' compensation. Say-on-Pay Board (inferred) AGAINST 3
The Goodyear Tire & Rubber Company April 13, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 3
The Gorman-Rupp Company April 23, 2026 Approve, on an advisory basis, the compensation of the Company's named Executive Officers. Say-on-Pay Board (inferred) AGAINST 3
The Greenbrier Companies, Inc. January 7, 2026 Advisory approval of the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
The Hackett Group, Inc. April 30, 2026 To approve, in an advisory vote, the Company's executive compensation; Say-on-Pay Board (inferred) AGAINST 3
The Home Depot, Inc. May 21, 2026 Election of Directors: Jeffery H. Boyd Director Elections Board AGAINST 3
The Home Depot, Inc. May 21, 2026 Shareholder Proposal Regarding Report on Packaging Policies for Plastics Environment or Climate Shareholder Against FOR 3

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