Proxy advisor Glass Lewis released its final 2026 benchmark policy guidelines in early December with impacts for say-on-pay (SOP) and shareholder proposal vote recommendations. The updates affecting SOP are consistent with the quantitative pay-for-performance (P4P) methodology changes that Glass Lewis previewed earlier this year (see ISS and Glass Lewis gear up for 2026: both launch policy surveys, Glass Lewis previews methodology changes). The updates affecting shareholder proposal vote recommendations reflect recent SEC changes to the shareholder proposal process that make it easier for companies to exclude shareholder proposals. The final guidelines are effective for annual meetings held after Jan. 1, 2026. READ MORE