Key insights from Georgeson Advisory’s analysis of Russell 3000 companies reveal evolving shareholder priorities, regulatory changes, and voting outcomes shaping the 2026 proxy season.
Georgeson Advisory’s early proxy season review analyzes year-to-date proxy activity across Russell 3000 companies. It highlights a decline in shareholder proposals, continued strength in director and Say-on-Pay support, and a significant shift in the SEC’s approach to proposal exclusions.
Key takeaways
Shareholder proposal volume declined 15% year over year, continuing a downward trend
New SEC “no objection” process is reshaping proposal exclusions and issuer risk
E&S proposals fell sharply, while anti-ESG volumes remained steady
Proponents are submitting lawsuits due to the new “no objection” process
No environmental or social proposals have passed to date
Director support remains strong at ~95.7% and Say-on-Pay at ~92%
Download the full report to understand what these trends mean for your 2026 investor engagement and outreach strategy.