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

574 proposals in the 2025-2026 proxy season: SHELTON FUNDS voted against, or withheld its votes from, 554 proposals put forward by company boards, and voted for 20 shareholder proposals, by its own Form N-PX filings.

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
The Carlyle Group Inc. June 3, 2026 Non-Binding Vote to Approve Named Executive Officer Compensation ("Say-on-Pay") Say-on-Pay Board AGAINST 1
The Chefs' Warehouse, Inc. May 8, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers as disclosed in the 2026 Proxy Statement. Say-on-Pay Board AGAINST 1
The Estee Lauder Companies Inc. November 13, 2025 Advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 1
The Estee Lauder Companies Inc. November 13, 2025 Election of five (5) Class II Directors: Jennifer Tejada Director Elections Board WITHHOLD 1
The Estee Lauder Companies Inc. November 13, 2025 Election of five (5) Class II Directors: William P. Lauder Director Elections Board WITHHOLD 1
The Estee Lauder Companies Inc. November 13, 2025 Election of one (1) Class I Director: Eric L. Zinterhofer Director Elections Board WITHHOLD 1
The Gap, Inc. May 12, 2026 Election of Directors: Robert J. Fisher Director Elections Board AGAINST 1
The Scotts Miracle-Gro Company January 26, 2026 Approval of an amendment and restatement of The Scotts Miracle-Gro Company Long-Term Incentive Plan to, among other things, increase the maximum number of common shares available for grant to participants. Compensation Board AGAINST 1
The Trade Desk, Inc. September 16, 2025 The approval of the amendment and restatement of the articles of incorporation of The Trade Desk, Inc. to change the date all of the shares of Class B common stock will automatically convert into Class A common stock and to waive jury trials for internal actions in conformity with recent Nevada law updates. Capital Structure Board AGAINST 1
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Ellen R. Gordon Director Elections Board WITHHOLD 1
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Karen G. Mills Director Elections Board WITHHOLD 1
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Lana Jane Lewis-Brent Director Elections Board WITHHOLD 1
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Michael A. Chodos Director Elections Board WITHHOLD 1
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Paula M. Wardynski Director Elections Board WITHHOLD 1
Tootsie Roll Industries, Inc. May 6, 2026 Election of Directors: Virginia L. Gordon Director Elections Board WITHHOLD 1
Tootsie Roll Industries, Inc. May 6, 2026 To approve, on an advisory basis, the overall compensation of the Company's named executive officers for fiscal 2025. Say-on-Pay Board AGAINST 1
TransMedics Group, Inc. May 20, 2026 To approve an amendment to the TransMedics Group, Inc.'s Amended and Restated 2019 Stock Incentive Plan to increase the maximum aggregate number of shares of common stock that may be issued pursuant to awards granted under the TransMedics Group, Inc. Amended and Restated 2019 Stock Incentive Plan by 2,750,000 shares and make certain other changes as set forth in the proxy statement. Compensation Board AGAINST 1
TreeHouse Foods, Inc. January 29, 2026 Approval, on a non-binding, advisory basis, of specified compensation that may be paid or become payable to TreeHouse Foods' named executive officers in connection with the Merger and contemplated by the Merger Agreement. Say-on-Pay Board AGAINST 1
Trex Company, Inc. April 28, 2026 Non-binding advisory vote on executive compensation ("say-on-pay") Say-on-Pay Board AGAINST 1
Tri Pointe Homes, Inc. April 16, 2026 To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Merger Agreement and the transactions contemplated therein. Say-on-Pay Board AGAINST 1
Trimble Inc. May 26, 2026 Election of Directors: Kaigham (Ken) Gabriel Director Elections Board WITHHOLD 1
Trimble Inc. May 26, 2026 Election of Directors: Kara Sprague Director Elections Board WITHHOLD 1
Trimble Inc. May 26, 2026 Election of Directors: Mark S. Peek Director Elections Board WITHHOLD 1
Trimble Inc. May 26, 2026 Election of Directors: Thomas Sweet Director Elections Board WITHHOLD 1
Triumph Financial, Inc. April 23, 2026 Management Proposal Regarding Advisory Approval of the Company's Executive Compensation Say-on-Pay Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: Barbara A. Tyson Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: Cheryl S. Miller Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: David J. Bronczek Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: John H. Tyson Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: John R. Tyson Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: Maria Claudia Borras Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: Maria N. Martinez Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: Mike Beebe Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 Election of Directors: Olivia L. Tyson Director Elections Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 To approve the amendment and restatement of the Tyson Foods, Inc. 2000 Stock Incentive Plan, a copy of which is attached to the Proxy Statement as Exhibit A. Compensation Board AGAINST 1
Tyson Foods, Inc. February 5, 2026 To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
UDR, Inc. May 21, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
United Natural Foods, Inc. December 16, 2025 The approval of the Fifth Amended and Restated 2020 Equity Incentive Plan. Compensation Board AGAINST 1
Universal Display Corporation June 18, 2026 Advisory resolution to approve the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
Universal Health Services, Inc. May 20, 2026 Election of Director: Nina Chen-Langenmayr Director Elections Board WITHHOLD 1
Upwork Inc. June 4, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
Veris Residential, Inc. May 21, 2026 To approve, by a non-binding advisory vote, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Transactions, including the Mergers. Say-on-Pay Board AGAINST 1
ViaSat, Inc. September 4, 2025 Amendment and Restatement of the 1996 Equity Participation Plan Compensation Board AGAINST 1
Vicor Corporation June 19, 2026 To fix the number of Directors at eleven and to elect the following eleven nominees as Directors to hold office until the 2027 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Samuel J. Anderson Director Elections Board WITHHOLD 1
Victory Capital Holdings, Inc. May 6, 2026 Election of Class II Directors: Mary Jackson Director Elections Board AGAINST 1
Viper Energy, Inc. May 19, 2026 The approval, on an advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
Vishay Intertechnology, Inc. May 18, 2026 Election of Directors Nominees for 3-year terms: Dr. Abraham Ludomirski Director Elections Board WITHHOLD 1
Vishay Intertechnology, Inc. May 18, 2026 Election of Directors Nominees for 3-year terms: Michael J. Cody Director Elections Board WITHHOLD 1
Vishay Intertechnology, Inc. May 18, 2026 Election of Directors Nominees for 3-year terms: Raanan Zilberman Director Elections Board WITHHOLD 1
Vornado Realty Trust May 21, 2026 Approval of the Company's 2026 Omnibus Share Plan. Compensation Board AGAINST 1
Walker & Dunlop, Inc. May 19, 2026 Advisory resolution to approve executive compensation Say-on-Pay Board AGAINST 1
Watsco, Inc. June 1, 2026 Election of Director: Ana Lopez-Blazquez Director Elections Board AGAINST 1
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: David A. Dunbar Director Elections Board WITHHOLD 1
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Joseph W. Reitmeier Director Elections Board WITHHOLD 1
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Kenneth Napolitano Director Elections Board WITHHOLD 1
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Merilee Raines Director Elections Board WITHHOLD 1
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Michael J. Dubose Director Elections Board WITHHOLD 1
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Rebecca J. Boll Director Elections Board WITHHOLD 1
Weatherford International plc June 11, 2026 Scheme Related Business If the Scheme of Arrangement proposal is approved at the Court Meeting: To approve the Scheme of Arrangement by, and on behalf of, Weatherford International plc ("Weatherford-Ireland') and to authorize the directors of Weatherford-Ireland to take all such actions as they consider necessary or appropriate for carrying the Scheme of Arrangement into effect. Extraordinary Transactions Board AGAINST 1
Weatherford International plc June 11, 2026 To agree to a scheme of arrangement under Chapter 1 of Part 9 of the Companies Act 2014, as amended, substantially in the form attached as Annex C to the Proxy Statement, that, once it becomes effective, will result in you owning common stock of Weatherford International Corp Instead of ordinary shares of Weatherford international plc. Extraordinary Transactions Board AGAINST 1
Weatherford International plc June 11, 2026 To approve a capital reduction under sections 84 to 86 of the Companies Act to effect the cancellation of Weatherford-Ireland ordinary shares contemplated by the Scheme of Arrangement. Capital Structure Board AGAINST 1
Weatherford International plc June 11, 2026 To approve the terms of an initial subscription, allotment and issue of one, or more, Weatherford-Ireland ordinary shares to Weatherford International Corp ("Weatherford-US") in connection with the Scheme of Arrangement. Extraordinary Transactions Board AGAINST 1
Weatherford International plc June 11, 2026 To authorize the directors of Weatherford-Ireland to allot and issue further new Weatherford-Ireland ordinary shares to Weatherford-US in connection with the Scheme of Arrangement to be paid up by the application of certain reserves as described in the Scheme of Arrangement. Extraordinary Transactions Board AGAINST 1
Webster Financial Corporation May 26, 2026 To approve, on an advisory (non-binding) basis, the compensation payments that will or may be paid to Webster's named executive officers in connection with the transactions contemplated by the Transaction Agreement (the "compensation proposal"). Say-on-Pay Board AGAINST 1
Welltower Inc. May 21, 2026 The approval, on an advisory basis, of the compensation of the named executive officers. Say-on-Pay Board AGAINST 1
Westlake Corporation May 14, 2026 Election of Class I Directors: Catherine T. Chao Director Elections Board WITHHOLD 1
Westlake Corporation May 14, 2026 Election of Class I Directors: Jean-Marc Gilson Director Elections Board WITHHOLD 1
Wingstop Inc. May 21, 2026 Approve, on an advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
YETI Holdings, Inc. May 7, 2026 Election of four Class II directors: Arne Arens Director Elections Board WITHHOLD 1
YETI Holdings, Inc. May 7, 2026 Election of four Class II directors: Mary Lou Kelley Director Elections Board WITHHOLD 1
ZoomInfo Technologies Inc. May 14, 2026 To approve, on an advisory, non-binding basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
ZoomInfo Technologies Inc. May 14, 2026 To elect the director nominees listed in the Proxy Statement: Katie Rooney Director Elections Board WITHHOLD 1
eXp World Holdings, Inc. May 8, 2026 Approve the redomestication of eXp World Holdings, Inc. from Delaware to Texas by conversion. Extraordinary Transactions Board AGAINST 1
lululemon athletica inc. June 25, 2026 Advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board AGAINST 1

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Built November 7, 2026 from SEC Form N-PX filings.