Issuer Voluntary Retail Voting Programs

Public information about IVRVP rules, participating issuers, program design, implementation, voting data and governance questions.

Black-and-white editorial illustration of a Tesla-marked proxy form becoming a repeatable voting template.

Bloomberg Law

SEC uses Tesla to create a template for retail voting programs

The Tesla framework describes terms other issuers may follow.

Definition

IVRVPn.

abbr. · plural IVRVPs

[ Issuer Voluntary Retail Voting Program ]

An issuer-sponsored program through which an eligible retail shareholder voluntarily establishes standing voting instructions for future shareholder meetings.¹

See alsostanding instruction retail shareholder

Read IVRVP 101 Primary documents (34)

Tracked issuers — one-year indexed performance

ILLUSTRATIVE DATA · START = 100 · NOT LIVE MARKET DATA

XOM

ExxonMobil

+8.4%

OCT ’25APR ’26OCT ’26

OCT ’25APR ’26OCT ’26

INDEX 82.81Y

Goldman Sachs

+21.6%

OCT ’25APR ’26OCT ’26

OCT ’25APR ’26OCT ’26

INDEX 105.91Y

PROGRAM REGISTER

Documented issuer programs and frameworks

AS OF 2026-10-02 · PRIMARY DOCUMENTS

Issuer	Ticker	First public action	Status	Primary document
ExxonMobil	XOM	2025-09-15	● In effect	SEC response
BigBear.ai	BBAI	2026-04-28	● In effect	2026 proxy
Goldman Sachs	GS	2026-09-28	○ Announced	SEC request
Tesla	TSLA	2026-09-29	◇ Framework	SEC response