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SHELTON FUNDS 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal SHELTON FUNDS voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

574 proposals.

SHELTON FUNDS, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedSHELTON FUNDS votedFunds
Columbia Sportswear Company June 10, 2026 To approve the Columbia Sportswear Company Amended and Restated 2020 Stock Incentive Plan. Compensation Board AGAINST 1
Comerica Incorporated January 6, 2026 Proposal to approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Comerica's named executive officers in connection with the first merger. Say-on-Pay Board AGAINST 1
Concentrix Corporation March 25, 2026 Approval of an amendment to the Company's 2020 Stock Incentive Plan to increase the number of shares available for issuance. Compensation Board AGAINST 1
CorVel Corporation August 7, 2025 To approve the 2025 Stock Incentive Plan. Compensation Board AGAINST 1
Corcept Therapeutics Incorporated May 21, 2026 Election of Directors: Daniel N. Swisher, Jr. Director Elections Board WITHHOLD 1
Corcept Therapeutics Incorporated May 21, 2026 Election of Directors: David L. Mahoney Director Elections Board WITHHOLD 1
Corcept Therapeutics Incorporated May 21, 2026 Election of Directors: G. Leonard Baker, Jr. Director Elections Board WITHHOLD 1
Corcept Therapeutics Incorporated May 21, 2026 Election of Directors: Gregg Alton Director Elections Board WITHHOLD 1
Corcept Therapeutics Incorporated May 21, 2026 To approve an amendment to the Corcept Therapeutics Incorporated 2024 Incentive Award Plan to increase the number of shares available thereunder and clarify certain other language in the plan. Compensation Board AGAINST 1
Corpay, Inc. May 7, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Annabelle Bexiga Director Elections Board AGAINST 1
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Hala G. Moddelmog Director Elections Board AGAINST 1
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Joseph W. Farrelly Director Elections Board AGAINST 1
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Steven T. Stull Director Elections Board AGAINST 1
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Thomas M. Hagerty Director Elections Board AGAINST 1
Coty Inc. November 6, 2025 Approval, on an advisory (non-binding) basis, of the compensation of Coty Inc.'s named executive officers, as disclosed in the proxy statement Say-on-Pay Board AGAINST 1
Coty Inc. November 6, 2025 Election of Directors: Frank Engelen Director Elections Board WITHHOLD 1
Coty Inc. November 6, 2025 Election of Directors: Gordon von Bretten Director Elections Board WITHHOLD 1
Coty Inc. November 6, 2025 Election of Directors: Joachim Creus Director Elections Board WITHHOLD 1
Coty Inc. November 6, 2025 Election of Directors: Peter Harf Director Elections Board WITHHOLD 1
Coty Inc. November 6, 2025 Election of Directors: Sue Nabi Director Elections Board WITHHOLD 1
Cracker Barrel Old Country Store, Inc. November 20, 2025 COMPANY NOMINEES OPPOSED BY THE BIGLARI GROUP To elect ten (10) directors: Gilbert Davila Director Elections Board AGAINST 1
CrowdStrike Holdings, Inc. June 17, 2026 To elect CrowdStrike's nominees Johanna Flower and Denis J. O'Leary to the Board of Directors to hold office until the 2029 Annual Meeting of Stockholders: Johanna Flower Director Elections Board WITHHOLD 1
Customers Bancorp, Inc. May 26, 2026 To approve a non-binding advisory resolution on named executive officer compensation. Say-on-Pay Board AGAINST 1
Customers Bancorp, Inc. May 26, 2026 To approve an amendment to the Company's 2019 Stock Incentive Plan. Compensation Board AGAINST 1
DENTSPLY SIRONA Inc. June 2, 2026 Election of Directors: Donald J. Zurbay Director Elections Board AGAINST 1
DocuSign, Inc. June 1, 2026 Election of Class II Directors: Allan Thygesen Director Elections Board AGAINST 1
DocuSign, Inc. June 1, 2026 Election of Class II Directors: Cain A. Hayes Director Elections Board AGAINST 1
DocuSign, Inc. June 1, 2026 Election of Class II Directors: James Beer Director Elections Board AGAINST 1
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: Avadis Tevanian, Jr. Director Elections Board WITHHOLD 1
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: David Dolby Director Elections Board WITHHOLD 1
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: Peter Gotcher Director Elections Board WITHHOLD 1
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: Simon Segars Director Elections Board WITHHOLD 1
Douglas Emmett, Inc. May 28, 2026 Election of eight directors ELECTIONS OF DIRECTORS: Dorene C. Dominguez Director Elections Board WITHHOLD 1
Douglas Emmett, Inc. May 28, 2026 Election of eight directors ELECTIONS OF DIRECTORS: Shirley Wang Director Elections Board WITHHOLD 1
Douglas Emmett, Inc. May 28, 2026 Election of eight directors ELECTIONS OF DIRECTORS: Virginia A. McFerran Director Elections Board WITHHOLD 1
Douglas Emmett, Inc. May 28, 2026 Election of eight directors ELECTIONS OF DIRECTORS: William E. Simon, Jr. Director Elections Board WITHHOLD 1
Douglas Emmett, Inc. May 28, 2026 To approve the Douglas Emmett, Inc. 2026 Omnibus Stock Incentive Plan. Compensation Board AGAINST 1
Douglas Emmett, Inc. May 28, 2026 To approve, in a non-binding advisory vote, our executive compensation. Say-on-Pay Board AGAINST 1
Dow Inc. April 9, 2026 Approval of the Amendment to the 2019 Stock Incentive Plan Compensation Board AGAINST 1
Doximity, Inc. August 28, 2025 To elect two Class I Directors to serve until the annual meeting of stockholders to be held in 2028 or until their successors are duly elected and qualified: Jeffrey Tangney Director Elections Board WITHHOLD 1
Dream Finders Homes, Inc. June 8, 2026 Approval of the reincorporation of the Company to the State of Texas by conversion. Extraordinary Transactions Board AGAINST 1
Dream Finders Homes, Inc. June 8, 2026 Election of Directors: Justin W. Udelhofen Director Elections Board AGAINST 1
Dream Finders Homes, Inc. June 8, 2026 Election of Directors: Leonard M. Sturm Director Elections Board AGAINST 1
Dream Finders Homes, Inc. June 8, 2026 Election of Directors: Megha H. Parekh Director Elections Board AGAINST 1
Dream Finders Homes, Inc. June 8, 2026 Election of Directors: Patrick O. Zalupski Director Elections Board AGAINST 1
Dream Finders Homes, Inc. June 8, 2026 Election of Directors: William W. Weatherford Director Elections Board AGAINST 1
Duolingo, Inc. June 3, 2026 Election of Class II Directors: Amy Bohutinsky Director Elections Board WITHHOLD 1
Duolingo, Inc. June 3, 2026 Election of Class II Directors: Jim Shelton Director Elections Board WITHHOLD 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Ann Miller Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Kory Marchisotto Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Stephen Gillett Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Travis Boersma Director Elections Board AGAINST 1
Dynatrace, Inc. August 20, 2025 Election of Class II Directors: Amol Kulkarni Director Elections Board AGAINST 1
EPAM Systems, Inc. May 21, 2026 To approve an amendment to the EPAM Systems, Inc. 2025 Long Term Incentive Plan to add 4,000,000 additional shares. Compensation Board AGAINST 1
Easterly Government Properties, Inc. April 22, 2026 Approval of the Easterly Government Properties, Inc. 2024 Equity Incentive Plan Amendment. Compensation Board AGAINST 1
Element Solutions Inc May 4, 2026 Advisory vote to approve the Company's 2025 executive compensation Say-on-Pay Board AGAINST 1
Enact Holdings, Inc. May 13, 2026 Election of Directors: Thomas J. McInerney Director Elections Board WITHHOLD 1
Energy Recovery, Inc. June 4, 2026 To approve Amendment No. 1 to the Energy Recovery, Inc. 2020 Incentive Plan. Compensation Board AGAINST 1
Enphase Energy, Inc. May 13, 2026 To approve an amendment and restatement of our 2021 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by 2,000,000 shares. Compensation Board AGAINST 1
Enviri Corporation May 4, 2026 Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to our named executive officers in connection with the transactions contemplated by the Merger Agreement and the Separation Agreement. Say-on-Pay Board AGAINST 1
Essex Property Trust, Inc. May 12, 2026 Election of Directors: Keith R. Guericke Director Elections Board AGAINST 1
Etsy, Inc. June 9, 2026 Approval of an amendment to our 2024 Equity Incentive Plan to increase the number of shares of our common stock available for issuance. Compensation Board AGAINST 1
F5, Inc. March 12, 2026 Approve the F5, Inc. 2026 Incentive Award Plan. Compensation Board AGAINST 1
FedEx Corporation September 29, 2025 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
FirstEnergy Corp. May 20, 2026 Election of Directors: Paul Kaleta Director Elections Board AGAINST 1
Flagstar Bank, N.A. June 9, 2026 An advisory vote to approve, on a non-binding basis, compensation of our named executive officers disclosed in the accompanying proxy statement. Say-on-Pay Board AGAINST 1
Flagstar Bank, N.A. June 9, 2026 Approval of an Amendment to the Flagstar Bank, N.A. 2020 Omnibus Incentive Plan. Compensation Board AGAINST 1
Ford Motor Company May 14, 2026 Election of Directors: William Clay Ford, Jr. Director Elections Board AGAINST 1
Ford Motor Company May 14, 2026 Election of Directors: William E. Kennard Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Chase Carey Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Lachlan K. Murdoch Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Margaret "Peggy" L. Johnson Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: Paul D. Ryan Director Elections Board AGAINST 1
Fox Corporation November 14, 2025 Proposal to elect 7 directors: William A. Burck Director Elections Board AGAINST 1
Franklin BSP Realty Trust, Inc. June 8, 2026 ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS Say-on-Pay Board AGAINST 1
Franklin Resources, Inc. February 3, 2026 To approve an amendment and restatement of the Company's 2002 Universal Stock Incentive Plan, which includes increasing the number of shares of common stock, par value $0.10 per share, of the Company authorized for issuance under the USIP by an additional 25,000,000 shares. Compensation Board AGAINST 1
GLOBALFOUNDRIES Inc. July 29, 2025 Elect Director Camilla Languille Director Elections Board WITHHOLD 1
GLOBALFOUNDRIES Inc. July 29, 2025 Elect Director Thomas Caulfield Director Elections Board WITHHOLD 1
GLOBALFOUNDRIES Inc. July 29, 2025 Elect Director Tim Breen Director Elections Board WITHHOLD 1
GXO Logistics, Inc. May 20, 2026 Advisory Vote to Approve Executive Compensation To conduct an advisory vote to approve the executive compensation of the company's named executive officers ("NEOs") as disclosed in this Proxy Statement. Say-on-Pay Board AGAINST 1
General Mills, Inc. September 30, 2025 Shareholder Proposal - Disclosure of Regenerative Agriculture Practices Within Supply Chain. Environment or Climate Shareholder Against FOR 1
Glaukos Corporation May 28, 2026 Election of Directors: Denice M. Torres Director Elections Board WITHHOLD 1
Gogo Inc. May 28, 2026 Advisory vote approving executive compensation Say-on-Pay Board AGAINST 1
Goosehead Insurance, Inc. May 4, 2026 Election of Directors: Robyn Jones Director Elections Board WITHHOLD 1
Goosehead Insurance, Inc. May 4, 2026 Election of Directors: William Wade, , . Director Elections Board WITHHOLD 1
Graco Inc. April 24, 2026 Approval, on an advisory basis, of the compensation paid to our named executive officers as disclosed in the Proxy Statement. Say-on-Pay Board AGAINST 1
Graham Holdings Company May 5, 2026 Election of Directors: Christopher C. Davis Director Elections Board AGAINST 1
Graham Holdings Company May 5, 2026 Election of Directors: Danielle Conley Director Elections Board AGAINST 1
Graham Holdings Company May 5, 2026 Election of Directors: Tony Allen Director Elections Board AGAINST 1
Grid Dynamics Holdings, Inc. December 23, 2025 The approval of 3,500,000 additional shares under the Grid Dynamics Holdings, Inc. 2020 Equity Incentive Plan. Compensation Board AGAINST 1
Grid Dynamics Holdings, Inc. December 23, 2025 The approval, on a non-binding advisory basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
HCI Group, Inc. June 10, 2026 Approval, on an advisory basis, of the compensation of the named executive officers. Say-on-Pay Board AGAINST 1
HCI Group, Inc. June 10, 2026 To elect Directors: Anthony Saravanos Director Elections Board WITHHOLD 1
HCI Group, Inc. June 10, 2026 To elect Directors: Jay Madhu Director Elections Board WITHHOLD 1
HP Inc. April 16, 2026 To approve the Fifth Amended and Restated HP Inc. 2004 Stock Incentive Plan. Compensation Board AGAINST 1
Hamilton Lane Incorporated September 4, 2025 Advisory, non-binding vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
Hamilton Lane Incorporated September 4, 2025 Election of Class III Director: Hartley R. Rogers Director Elections Board WITHHOLD 1
Hanmi Financial Corporation May 27, 2026 Election of Directors: Gideon Yu Director Elections Board AGAINST 1
Harley-Davidson, Inc. May 21, 2026 To vote on a shareholder proposal regarding a climate transition plan. Environment or Climate Shareholder Against FOR 1

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Built October 18, 2026 from SEC Form N-PX filings.