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Home / Families / Lincoln Financial / year to 30 June 2024

Form N-PX · fund family · year to 30 June 20241 filers grouped

Lincoln Financial

One season of the Lincoln Financial record. The family page shows the latest season.

Vote records reported
242,623year to 30 June 2024
Against management
9.7%22,561 of 233,173 marked votes
Say-on-pay support
86.7%for, of for + against + abstain
Shareholder-proposal support
37.6%for, of for + against + abstain
83.9% for9.0% against7.1% other9.7% against management243,375 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

For the year to 30 June 2024, Lincoln Financial reported 242,623 vote records on Form N-PX. 22,561 of the 233,173 votes that were marked for or against management went against management: 9.7%, 1.1 percentage points above the median of the fund families tracked here (8.5%).

Weighted by the number of shares voted, the against-management share is 4.6%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 86.7% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 37.6% of the proposals put forward by security holders (the median of the fund families tracked here: 35.1%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (31.4% of 681), ENVIRONMENT OR CLIMATE (24.4% of 2,053) and DIVERSITY, EQUITY, AND INCLUSION (23.3% of 1,207).

It reported 14.3 million shares out on loan at record dates, 0.01% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 60 families with at least 25 vote records in the season.

year to 30 June 2024This familyMedian familyAll filers pooled
Against-management share9.7%8.5%10.2%
Say-on-pay support rate86.7%89.0%84.6%
Shareholder-proposal support rate37.6%35.1%37.0%
Shares on loan, share of shares held0.01%1.34%0.08%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS138,847120,4126,5748.1%
SECTION 14A SAY-ON-PAY VOTES13,1499,7681,49015.3%
AUDIT-RELATED17,30016,8891570.8%
INVESTMENT COMPANY MATTERS700not reported
SHAREHOLDER RIGHTS AND DEFENSES73957014831.4%
EXTRAORDINARY TRANSACTIONS1,7331,47322911.1%
CAPITAL STRUCTURE18,24315,9811,9149.9%
COMPENSATION20,10615,9883,66215.0%
CORPORATE GOVERNANCE33,02626,2074,81612.8%
ENVIRONMENT OR CLIMATE2,0995451,51324.4%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1,15547166922.6%
DIVERSITY, EQUITY, AND INCLUSION1,23643377423.3%
OTHER SOCIAL ISSUES2,9541,0551,80022.9%
OTHER2,8311,34792022.9%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024242,6239.7%86.7%37.6%
year to 30 June 2025269,4817.8%86.2%37.5%
year to 30 June 2026238,5628.6%86.3%28.4%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Lincoln Financial voted against management on 171 of the 2,685 it marked either way (6.4%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.

A further 3 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 1,558 proposals from security holders that could be told apart in the filings and on which it cast a vote, Lincoln Financial voted for 695 (44.6%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Amazon.com, Inc.22 May 2024Commission a Third Party Audit on Working Conditions
NVIDIA Corporation26 Jun 2024Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter...
JPMorgan Chase & Co.21 May 2024Shareholder opportunity to vote on excessive golden parachutes
JPMorgan Chase & Co.21 May 2024Independent board chairman
Merck & Co., Inc.28 May 2024Shareholder proposal regarding a shareholder right to act by written consent
Salesforce, Inc.27 Jun 2024Require Independent Board Chair
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Pay Gap Report
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Independent Board Chairman
Tesla, Inc.13 Jun 2024A stockholder proposal regarding simple majority voting provisions in our governing documents
Tesla, Inc.13 Jun 2024Declassify the Board of Directors
Bristol-Myers Squibb Company7 May 2024Adopt Share Retention Policy For Senior Executives
ConocoPhillips14 May 2024Simple Majority Vote.
American Express Company6 May 2024Shareholder proposal relating to golden parachutes.
United Parcel Service, Inc.2 May 2024To prepare an annual report on the effectiveness of UPS's diversity, equity and inclusion efforts.
United Parcel Service, Inc.2 May 2024To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
Stryker Corporation9 May 2024Shareholder Proposal on Transparency in Political Spending.
ServiceNow, Inc.23 May 2024Shareholder proposal regarding simple majority vote.
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding a Policy for an Independent Chair
Colgate-Palmolive Company10 May 2024Stockholder proposal on independent Board Chairman.
Morgan Stanley23 May 2024Shareholder proposal regarding transparency in lobbying
Prologis, Inc.9 May 2024Vote on a stockholder proposal titled "Simple Majority Vote."
THE BOEING COMPANY17 May 2024Racial and Gender Pay Gap Disclosure.
THE BOEING COMPANY17 May 2024Adoption of Value Chain Emission Reduction Target.
Emerson Electric Co.6 Feb 2024Shareholder Proposal to Implement a Simple Majority Vote Requirement in the Company's Governing Documents.
Vertex Pharmaceuticals Incorporated15 May 2024Shareholder proposal, if properly presented at the meeting, regarding special shareholder meeting improvement.
Analog Devices, Inc.13 Mar 2024Shareholder proposal regarding simple majority voting
WARNER BROS. DISCOVERY, INC.3 Jun 2024To vote on a stockholder proposal entitled, "Adopt a Shareholder Right to Call a Special Shareholder Meeting"
THE SOUTHERN COMPANY22 May 2024Stockholder proposal regarding simple majority vote
The Sherwin-Williams Company17 Apr 2024Shareholder proposal to adopt a simple majority vote.
Marsh & McLennan Companies, Inc.16 May 2024Stockholder Proposal - Shareholder Right to Act by Written Consent
FORD MOTOR COMPANY9 May 2024Relating to Consideration of a Recapitalization Plan to Provide That All of the Company's Outstanding...
General Mills, Inc.26 Sep 2023Shareholder Proposal - Adopt a Shareholder Right to Call a Special Shareholder Meeting.
Truist Financial Corporation23 Apr 2024Shareholder proposal regarding an annual report on lobbying activities
Regeneron Pharmaceuticals, Inc.14 Jun 2024Non-binding shareholder proposal requesting simple majority voting requirements
The Allstate Corporation14 May 2024Stockholder proposal on independent chair.
Roper Technologies, Inc.12 Jun 2024Shareholder proposal regarding majority voting requirements; and
Humana Inc.18 Apr 2024The stockholder proposal on simple majority vote
DexCom, Inc.22 May 2024To provide a non-binding, advisory vote on transparency in lobbying.
Airbnb, Inc.5 Jun 2024Stockholder proposal regarding political disclosure
IDEXX Laboratories, Inc.6 May 2024Shareholder proposal regarding simple majority vote (Proposal Four).

Shares on loan

Lincoln Financial reported 14.3 million shares on loan at record dates against 156.10 billion shares voted: 0.01% of the two together. Median family: 1.34%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Questions

How did Lincoln Financial vote on executive pay?

In the year to 30 June 2024 Lincoln Financial reported 11,263 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 9,768 were for (86.7%), 1,490 against and 5 abstentions. Counting one item per company meeting, it voted against management on 171 of the 2,685 say-on-pay items it marked either way. A further 3 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Lincoln Financial vote against management?

9.7% of the time in the year to 30 June 2024: 22,561 of the 233,173 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did Lincoln Financial support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 1,671 votes on proposals from security holders in the year to 30 June 2024 and voted for 185 of them (11.1%). Across every category it voted for 37.6% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of the registrants and managers grouped under this family on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Back to the Lincoln Financial family page · All filers in the year to 30 June 2024

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers grouped under Lincoln Financial, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.