May 2026

Written By Digital Producers

  • The bar for a “successful” director election has risen. With market-wide support climbing, anything below 90% now lands a director in the bottom decile and invites greater scrutiny.

  • Say-on-pay results are generally stronger in 2026, but stragglers should plan for proactive off-season engagement or risk a longer-term "governance laggard" label.

  • Low volumes and low support are the new normal for E&S proposals. Still, companies that wage open war on ESG advocates risk being caught flat-footed if/when the pendulum swings back.

  • The “WEX effect“ keeps recurring, with more examples in May of how company delay tactics can compound the cost and strengthen an activist’s hand.

  • Reincorporations aren't yet a flood, but momentum is building. Exxon shareholders' approval of a Texas redomicile could prompt similar moves, though companies should tread carefully.

Digital Producers https://haystackdigital.com
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The Jasper Street Monthly: May 2026 (Proxy Season Edition)