Courtesy of Proxy Analytics, the data below summarizes shareholder proposal activity for the current proxy season to date (July 1, 2025 – May 15, 2026) compared to prior seasons. Proposals tracked are based on several sources including proxy statements, no-action letters, and pre-proxy publicly available information.
- At 722 tracked proposals, shareholder proposal volume is down ~17% relative to full season 2025 (July 1, 2024 – June 30, 2025). Similarly, to date, 438 shareholder proposals have appeared in proxy statements, compared with 497 for the full 2025 season, a decline of ~12%.
- Average support for shareholder proposals overall currently stands at 25.3%, nearly unchanged from the 25.5% tracked at the same point last year, but above the full 2025 season average of 23.2%.
- Average support levels for voted E&S shareholder proposals overall and by category, as well as for voted governance and compensation proposals, are depicted here:
Through May 15, of the 20 proposals receiving majority support (versus 38 at the same point last year), 17 are governance-focused; no E&S proposals received majority support, compared with three at this time last year.
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This post first appeared in the weekly Society Alert!