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Proxy advisory firm named as potentially responding to contested exclusions with negative recommendations on management proposals.
No evidence-backed relationships are recorded.
Shareholders approved about 80% of 2026 Texas reincorporation proposals, Pay Governance found, though ISS and Glass Lewis opposed nearly all of them. Support varied by company, so a board weighing the move needs a case built on its own ownership and pay record.
Reality
A memorandum from the pay consultancy FW Cook argues that the shareholder conversations able to influence next year's incentive design happen months before the proxy is filed, and that stewardship teams can tell when a company has left it late.
Reality
D.F. King puts 2026 filings down nearly 25%. Conservative exclusion calls under the SEC's revised no-action process pushed more proposals onto ballots than expected, and average support did not fall.
Reality
DragonGC's third annual count found 14 Fortune 1000 companies below 80% support, down from 25. What they disclosed next reads like a project report, not an apology.
Reality
Staff will not say whether a company's reason for dropping a shareholder proposal is any good until at least September 30, 2026. The paperwork survives; the referee does not.
Reality