DealLawyers.com Blog

Monthly Archives: May 2025

May 1, 2025

2025 Proxy Contests So Far

Michael Levin at The Activist Investor has been closely tracking US proxy contests since the universal proxy rules. He recently released these stats on the 2025 proxy season so far and committed to distributing weekly updates to his listserv through July. Here’s the data as of April 24:

Pending proxy contests: 29

Activist seeking:

– all available BoD seats: 14 companies
– majority of available BoD seats: 9 companies
– less than majority of available BoD seats: 4 companies
– single BoD seat: 2 companies

Completed proxy contests: 7

Activist gains:

– all available BoD seats: 2 companies
– more than 1 BoD seats: 1 company
– only 1 BoD seat: 1 company
– no BoD seats: 3 companies

He also lists out all the new proxy contests added since his last update in March and the ones that have since been settled and abandoned.

Meredith Ervine