Home › Asset managers › Vanguard › 2025-2026 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Vanguard 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
6,029 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 | Vanguard voted | Funds |
|---|---|---|---|---|---|---|---|
| Alphabet Inc. | June 5, 2026 | Advisory vote to approve compensation awarded to named executive officers | Say-on-Pay | Board | AGAINST | 29 | |
| Thermo Fisher Scientific Inc. | May 20, 2026 | An advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 28 | |
| Snowflake Inc. | July 2, 2025 | To approve, on a non-binding advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 27 | |
| T-Mobile US, Inc. | June 16, 2026 | Election of Directors: Christian P. Illek | Director Elections | Board | WITHHOLD | 27 | |
| T-Mobile US, Inc. | June 16, 2026 | Election of Directors: Dominique Leroy | Director Elections | Board | WITHHOLD | 27 | |
| T-Mobile US, Inc. | June 16, 2026 | Election of Directors: Raphael Kubler | Director Elections | Board | WITHHOLD | 27 | |
| The Estee Lauder Companies Inc. | November 13, 2025 | Advisory vote to approve executive compensation. | Say-on-Pay | Board | AGAINST | 27 | |
| Coca-Cola Consolidated, Inc. | May 12, 2026 | Election of the 11 nominees as directors: David M. Katz | Director Elections | Board | WITHHOLD | 26 | |
| Coca-Cola Consolidated, Inc. | May 12, 2026 | Election of the 11 nominees as directors: Dennis A. Wicker | Director Elections | Board | WITHHOLD | 26 | |
| Coca-Cola Consolidated, Inc. | May 12, 2026 | Election of the 11 nominees as directors: J. Frank Harrison, III | Director Elections | Board | WITHHOLD | 26 | |
| Coca-Cola Consolidated, Inc. | May 12, 2026 | Election of the 11 nominees as directors: James H. Morgan | Director Elections | Board | WITHHOLD | 26 | |
| Coca-Cola Consolidated, Inc. | May 12, 2026 | Election of the 11 nominees as directors: Morgan H. Everett | Director Elections | Board | WITHHOLD | 26 | |
| First BanCorp. | May 6, 2026 | Election of Directors: Roberto R. Herencia | Director Elections | Board | AGAINST | 26 | |
| Interactive Brokers Group, Inc. | April 23, 2026 | Election of Directors: Earl H. Nemser | Director Elections | Board | AGAINST | 26 | |
| Interactive Brokers Group, Inc. | April 23, 2026 | Election of Directors: Milan Galik | Director Elections | Board | AGAINST | 26 | |
| Interactive Brokers Group, Inc. | April 23, 2026 | Election of Directors: Nicole Yuen | Director Elections | Board | AGAINST | 26 | |
| Interactive Brokers Group, Inc. | April 23, 2026 | Election of Directors: Thomas Peterffy | Director Elections | Board | AGAINST | 26 | |
| T-Mobile US, Inc. | June 16, 2026 | Election of Directors: Letitia A. Long | Director Elections | Board | WITHHOLD | 26 | |
| T-Mobile US, Inc. | June 16, 2026 | Election of Directors: Teresa A. Taylor | Director Elections | Board | WITHHOLD | 26 | |
| Warner Bros. Discovery, Inc. | April 23, 2026 | To approve, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to WBD's named executive officers that is based on or otherwise relates to the Merger. | Say-on-Pay | Board | AGAINST | 26 | |
| Warner Bros. Discovery, Inc. | June 9, 2026 | To vote on an advisory resolution to approve the 2025 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote. | Say-on-Pay | Board | AGAINST | 26 | |
| T-Mobile US, Inc. | June 16, 2026 | Advisory Vote to Approve the Compensation Provided to the Company's Named Executive Officers for 2025. | Say-on-Pay | Board | AGAINST | 25 | |
| Coty Inc. | November 6, 2025 | Approval, on an advisory (non-binding) basis, of the compensation of Coty Inc.'s named executive officers, as disclosed in the proxy statement | Say-on-Pay | Board | AGAINST | 23 | |
| Carvana Co. | May 5, 2026 | To approve the Carvana Co. 2026 Omnibus Incentive Plan. | Compensation | Board | AGAINST | 22 | |
| PotlatchDeltic Corporation | January 27, 2026 | The PotlatchDeltic merger-related compensation proposal: A proposal to approve, on a non-binding advisory basis, the compensation that may be paid or become payable to the named executive officers of PotlatchDeltic in connection with the transactions contemplated by the merger agreement. | Say-on-Pay | Board | AGAINST | 22 | |
| TKO Group Holdings, Inc. | June 10, 2026 | Election of Directors: Ariel Emanuel | Director Elections | Board | WITHHOLD | 22 | |
| TKO Group Holdings, Inc. | June 10, 2026 | Election of Directors: Dwayne Johnson | Director Elections | Board | WITHHOLD | 22 | |
| TKO Group Holdings, Inc. | June 10, 2026 | Election of Directors: Mark Shapiro | Director Elections | Board | WITHHOLD | 22 | |
| TKO Group Holdings, Inc. | June 10, 2026 | Election of Directors: Nick Khan | Director Elections | Board | WITHHOLD | 22 | |
| Cal-Maine Foods, Inc. | October 3, 2025 | Election of Class I Directors: Camille S. Young | Director Elections | Board | WITHHOLD | 21 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of amendments to implement a stock split in which (i) each share of Class A common stock would become one share of Class A common stock and one share of Class C common stock; and (ii) each share of Class B common stock would become one share of Class B common stock and one share of Class C common stock. | Capital Structure | Board | AGAINST | 21 | |
| Cloudflare, Inc. | June 30, 2026 | Approval of the amendment and restatement of our 2019 Equity Incentive Plan. | Compensation | Board | AGAINST | 21 | |
| 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 | 21 | |
| Roivant Sciences Ltd. | September 10, 2025 | To cast a non-binding, advisory vote to approve the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 21 | |
| Welltower Inc. | May 21, 2026 | The approval, on an advisory basis, of the compensation of the named executive officers. | Say-on-Pay | Board | AGAINST | 21 | |
| Ares Management Corporation | June 8, 2026 | Election of Directors: Antoinette Bush | Director Elections | Board | AGAINST | 20 | |
| Ares Management Corporation | June 8, 2026 | Election of Directors: Antony P. Ressler | Director Elections | Board | AGAINST | 20 | |
| Ares Management Corporation | June 8, 2026 | Election of Directors: Dr. Judy D. Olian | Director Elections | Board | AGAINST | 20 | |
| Ares Management Corporation | June 8, 2026 | Election of Directors: Michael J Arougheti | Director Elections | Board | AGAINST | 20 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of amendments to increase the number of authorized shares of Class A common stock from 2,250,000,000 to 4,500,000,000. | Capital Structure | Board | AGAINST | 20 | |
| Exact Sciences Corporation | February 20, 2026 | Proposal to approve, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to Exact Sciences Corporation's named executive officers that is based on or otherwise related to the Merger Agreement and the transactions contemplated by the Merger Agreement (the "Compensation Proposal"). | Say-on-Pay | Board (inferred) | AGAINST | 20 | |
| 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 | 20 | |
| Hamilton Lane Incorporated | September 4, 2025 | Advisory, non-binding vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 20 | |
| 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 | AGAINST | 20 | |
| 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 | 20 | |
| Warner Bros. Discovery, Inc. | June 9, 2026 | ELECTION OF DIRECTORS: Anthony J. Noto | Director Elections | Board | WITHHOLD | 20 | |
| Arbor Realty Trust, Inc. | May 20, 2026 | Advisory vote to approve the compensation of Arbor Realty Trust, Inc.'s named executive officers as disclosed in the proxy statement. | Say-on-Pay | Board | AGAINST | 19 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of an amendment and restatement of our amended and restated certificate of incorporation: Approval and adoption of amendments to establish the Class C common stock. | Capital Structure | Board | AGAINST | 19 | |
| 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 (inferred) | AGAINST | 19 | |
| Pilgrim's Pride Corporation | April 29, 2026 | Election of Directors: JBS Directors: Andre Nogueira de Souza | Director Elections | Board | WITHHOLD | 19 | |
| Pilgrim's Pride Corporation | April 29, 2026 | Election of Directors: JBS Directors: Gilberto Tomazoni | Director Elections | Board | WITHHOLD | 19 | |
| Pilgrim's Pride Corporation | April 29, 2026 | Election of Directors: JBS Directors: Wesley Mendonca Batista | Director Elections | Board | WITHHOLD | 19 | |
| Rivian Automotive, Inc. | June 22, 2026 | Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers in 2025. | Say-on-Pay | Board (inferred) | AGAINST | 19 | |
| The Trade Desk, Inc. | May 4, 2026 | The approval, on a non-binding, advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 19 | |
| Tri Pointe Homes, Inc. | April 16, 2026 | To approve, on a non-binding, advisory basis, 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 Merger Agreement and the transactions contemplated therein. | Say-on-Pay | Board | AGAINST | 19 | |
| Arrowhead Pharmaceuticals, Inc. | March 19, 2026 | Advisory Vote to Approve Executive Compensation. | Say-on-Pay | Board | AGAINST | 18 | |
| Atlassian Corporation | December 2, 2025 | Approval of an amendment and restatement to our 2015 Share Incentive Plan. | Compensation | Board | AGAINST | 18 | |
| BOK Financial Corporation | May 5, 2026 | Election of Directors: Alan S. Armstrong | Director Elections | Board | WITHHOLD | 18 | |
| Dell Technologies Inc. | June 25, 2026 | Approval, on a non-binding, advisory basis, of the compensation of Dell Technologies Inc.'s named executive officers as disclosed in the proxy statement | Say-on-Pay | Board | AGAINST | 18 | |
| Dutch Bros Inc. | May 13, 2026 | Election of Directors: Todd Penegor | Director Elections | Board | AGAINST | 18 | |
| Hut 8 Corp. | June 11, 2026 | To approve, on an advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 18 | |
| Molson Coors Beverage Company | May 6, 2026 | Election of Directors: Roger G. Eaton | Director Elections | Board | WITHHOLD | 18 | |
| Reynolds Consumer Products Inc. | April 29, 2026 | Election of Directors: Rolf Stangl | Director Elections | Board | WITHHOLD | 18 | |
| Summit Therapeutics Inc. | June 10, 2026 | Approval, by a non-binding advisory vote, of the compensation of our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 18 | |
| TPG Inc. | June 3, 2026 | Advisory Vote to Approve Executive Compensation (Say-on-Pay) | Say-on-Pay | Board (inferred) | AGAINST | 18 | |
| Vicor Corporation | June 19, 2026 | To fix the number of Directors at eleven and to elect the following eleven nominees as Directors to hold office until the 2027 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Samuel J. Anderson | Director Elections | Board | WITHHOLD | 18 | |
| AMC Entertainment Holdings, Inc. | December 10, 2025 | Say on Pay - An advisory vote to approve the compensation of named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 17 | |
| AST Spacemobile, Inc. | November 21, 2025 | To approve the Amended and Restated AST SpaceMobile, Inc. 2024 Incentive Award Plan to increase the number of shares of the Company's Class A Common Stock available for issuance thereunder and to extend the term of the plan. | Compensation | Board | AGAINST | 17 | |
| Appian Corporation | June 3, 2026 | To approve the Appian Corporation Amended and Restated 2017 Equity Incentive Plan. | Compensation | Board | AGAINST | 17 | |
| Ball Corporation | April 29, 2026 | Election of Directors: Todd A. Penegor | Director Elections | Board | AGAINST | 17 | |
| C3.ai, Inc. | October 3, 2025 | Advisory vote to approve the compensation of our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 17 | |
| Cloudflare, Inc. | June 30, 2026 | Approval and adoption of amendments to provide for the equal treatment of shares of Class A common stock, Class B common stock, and Class C common stock in connection with dividends and distributions, certain transactions, and upon our liquidation, dissolution, or winding up. | Capital Structure | Board | AGAINST | 17 | |
| Core Scientific, Inc. | October 30, 2025 | To approve, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to the named executive officers of Core Scientific, Inc. 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 | 17 | |
| Datadog, Inc. | April 21, 2026 | To approve the redomiciliation of the Company from the State of Delaware to the State of Nevada by conversion. | Extraordinary Transactions | Board | AGAINST | 17 | |
| 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 | 17 | |
| International Bancshares Corporation | May 18, 2026 | ELECTION OF DIRECTORS: D. B. Howland | Director Elections | Board | AGAINST | 17 | |
| International Bancshares Corporation | May 18, 2026 | ELECTION OF DIRECTORS: D. G. Zuniga | Director Elections | Board | AGAINST | 17 | |
| International Bancshares Corporation | May 18, 2026 | ELECTION OF DIRECTORS: L. A. Norton | Director Elections | Board | AGAINST | 17 | |
| International Bancshares Corporation | May 18, 2026 | ELECTION OF DIRECTORS: R. R. Resendez | Director Elections | Board | AGAINST | 17 | |
| Meta Platforms, Inc. | May 27, 2026 | Election of Directors: John Elkann | Director Elections | Board | WITHHOLD | 17 | |
| Revolve Group, Inc. | June 5, 2026 | The election of directors: Michael Karanikolas | Director Elections | Board | WITHHOLD | 17 | |
| Revolve Group, Inc. | June 5, 2026 | The election of directors: Michael Mente | Director Elections | Board | WITHHOLD | 17 | |
| TFS Financial Corporation | February 26, 2026 | Advisory vote on compensation of named Executive Officers. | Say-on-Pay | Board (inferred) | AGAINST | 17 | |
| Telephone and Data Systems, Inc. | May 21, 2026 | Election of Directors: C. D. O'Leary | Director Elections | Board | WITHHOLD | 17 | |
| The Trade Desk, Inc. | September 16, 2025 | The approval of the amendment and restatement of the articles of incorporation of The Trade Desk, Inc. to change the date all of the shares of Class B common stock will automatically convert into Class A common stock and to waive jury trials for internal actions in conformity with recent Nevada law updates. | Capital Structure | Board | AGAINST | 17 | |
| Vimeo, Inc. | November 19, 2025 | To approve, on a non-binding, advisory basis, compensation that will or may become payable to the named executive officers of Vimeo in connection with the transactions contemplated by the merger agreement, which proposal is referred to as the merger-related compensation proposal. | Say-on-Pay | Board (inferred) | AGAINST | 17 | |
| Banner Corporation | May 20, 2026 | Election of twelve directors to each serve for a one-year term: Roberto R. Herencia | Director Elections | Board | AGAINST | 16 | |
| CNA Financial Corporation | April 29, 2026 | An advisory (non-binding) vote to approve named executive officer compensation. | Say-on-Pay | Board (inferred) | AGAINST | 16 | |
| Cannae Holdings, Inc. | December 12, 2025 | Approval, on an advisory (non-binding) basis, of the 2024 compensation paid to the Company's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 16 | |
| Chewy, Inc. | July 10, 2025 | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 16 | |
| DigitalBridge Group, Inc. | April 23, 2026 | To approve, on a non-binding, advisory basis, certain compensation that will or may be paid by DigitalBridge to its named executive officers that is based on or otherwise relates to the mergers. | Say-on-Pay | Board (inferred) | AGAINST | 16 | |
| 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 | 16 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Eric F. Cosentino | Director Elections | Board | AGAINST | 16 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Irwin Katsof | Director Elections | Board | AGAINST | 16 | |
| IDT Corporation | December 11, 2025 | Election of Directors: Judah Schorr | Director Elections | Board | AGAINST | 16 | |
| 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 | 16 | |
| Las Vegas Sands Corp. | May 14, 2026 | An advisory (non-binding) vote to approve the compensation of the named executive officers. | Say-on-Pay | Board | AGAINST | 16 | |
| Meta Platforms, Inc. | May 27, 2026 | Election of Directors: Dana White | Director Elections | Board | WITHHOLD | 16 | |
| Rocket Companies, Inc. | June 10, 2026 | Election of Class III Directors: Matthew Rizik | Director Elections | Board | WITHHOLD | 16 | |
| Rocket Companies, Inc. | June 10, 2026 | Election of Class III Directors: Suzanne Shank | Director Elections | Board | WITHHOLD | 16 |
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Built October 13, 2026 from SEC Form N-PX filings.