Section: February 26, 2026 | Vol 31, Issue 8
Unequal Voting Rights Growing More Prevalent in New IPOs, Finds CII
CII tracked a continued year-over-year decline in the adoption of equal voting rights when reviewing IPO listings with dual-class share structures in 2025. It also found a growing number of companies that continue to feature concerning novel share structures.
CII Publishes Fact Sheet on Shareholder Proposals
CII just published a short fact sheet outlining the history of Rule 14a-8, its evolution over the years and recent important developments affecting it.
Battles Over Inclusion of Shareholder Proposals Continue to Play Out in Court
The legal battle over the SEC’s new approach to companies’ no-action requests continued this week with New York City pension funds settling a lawsuit they filed against AT&T, and the People for the Ethical Treatment of Animals (PETA) Foundation filing a lawsuit against PepsiCo for omitting a shareholder proposal.
Companies Respond to Conservative Group’s Proposals by Nixing Diversity Criteria for Director Candidates
American Express, Deere, Goldman Sachs and Johnson & Johnson have dropped diversity language from their board selection criteria following engagement with the National Legal and Policy Center (NLPC), the conservative shareholder group reports.
Companies Scale Back on Use of Environmental Factors when Setting Executive Pay
Apple is the latest company to scale back its use of environmental metrics when setting executive compensation. The company quietly removed an “ESG modifier” from its 2025 compensation plans for CEO Tim Cook and other top executives.
Palantir’s Perks Appear Sky High
Palantir’s recent 10-K shows that the company’s CEO was reimbursed $17.2 million for the use of his “executive aircraft” in 2025, a dramatic increase from the $7.7 million reported for this expense in 2024.