Home › Asset managers › Ultimus Managers Trust › 2024-2025 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Ultimus Managers Trust 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
533 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Ultimus Managers Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| ALPHABET INC. | June 6, 2025 | Election of Director: John L. Hennessy | Director Elections | Board | AGAINST | 5 | |
| ALPHABET INC. | June 6, 2025 | Election of Director: L. John Doerr | Director Elections | Board | AGAINST | 5 | |
| ALPHABET INC. | June 6, 2025 | Election of Director: Larry Page | Director Elections | Board | AGAINST | 5 | |
| ALPHABET INC. | June 6, 2025 | Stockholder proposal regarding a human rights impact assessment of AI-driven targeted ad policies | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 5 |
| ALPHABET INC. | June 6, 2025 | Stockholder proposal regarding a report on AI data usage oversight | Other Social Issues | Shareholder | Against | FOR | 5 |
| APPLE INC. | February 25, 2025 | A shareholder proposal entitled "Report on Costs and Benefits of Child Sex Abuse Material-Identifying Software & User Privacy" | Other Social Issues | Shareholder | Against | FOR | 5 |
| APPLE INC. | February 25, 2025 | A shareholder proposal entitled "Report on Ethical AI Data Acquisition and Usage" | Other Social Issues | Shareholder | Against | FOR | 5 |
| LITTELFUSE, INC. | April 24, 2025 | Approve, on an advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 5 | |
| ABBOTT LABORATORIES | April 25, 2025 | Election of Director: N. McKinstry | Director Elections | Board | AGAINST | 4 | |
| CHEVRON CORPORATION | May 28, 2025 | Election of Director: Jon M. Huntsman Jr. | Director Elections | Board | AGAINST | 4 | |
| FEDEX CORPORATION | September 23, 2024 | Stockholder proposal regarding a Just Transition report. | Environment or Climate | Shareholder | Against | FOR | 4 |
| HUBBELL INCORPORATED | May 6, 2025 | Election of Director: 6. Neal J. Keating | Director Elections | Board | WITHHOLD | 4 | |
| KRATOS DEFENSE & SEC SOLUTIONS, INC. | May 14, 2025 | Election of Director: 7. Deanna Lund | Director Elections | Board | WITHHOLD | 4 | |
| KRATOS DEFENSE & SEC SOLUTIONS, INC. | May 14, 2025 | Election of Director: 8. Amy Zegart | Director Elections | Board | WITHHOLD | 4 | |
| MICROSOFT CORPORATION | December 10, 2024 | Election of Director: Hugh F. Johnston | Director Elections | Board | AGAINST | 4 | |
| MICROSOFT CORPORATION | December 10, 2024 | Report on AI Data Sourcing Accountability. | Other Social Issues | Shareholder | Against | FOR | 4 |
| MICROSOFT CORPORATION | December 10, 2024 | Report on AI Misinformation and Disinformation. | Other Social Issues | Shareholder | Against | FOR | 4 |
| MICROSOFT CORPORATION | December 10, 2024 | Report on Risks of Weapons Development. | Other Social Issues | Shareholder | Against | FOR | 4 |
| NVIDIA CORPORATION | June 25, 2025 | Approval of a stockholder proposal to modify existing reporting on workforce data. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 4 |
| PEPSICO, INC. | May 7, 2025 | Shareholder Proposal - Third-Party Racial Equity Audit. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| POTLATCHDELTIC CORPORATION | May 5, 2025 | Election of Director: Anne L. Alonzo | Director Elections | Board | AGAINST | 4 | |
| VERRA MOBILITY CORPORATION | May 20, 2025 | Election of Director: 1. Douglas Davis | Director Elections | Board | WITHHOLD | 4 | |
| WELLS FARGO & COMPANY | April 29, 2025 | Shareholder Proposal - Annual Report on Prevention of Workplace Harassment and Discrimination. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| AAR CORP. | September 17, 2024 | Election of Director: Michael R. Boyce | Director Elections | Board | AGAINST | 3 | |
| ANTERO MIDSTREAM CORPORATION | June 4, 2025 | Election of Director: 3. David H. Keyte | Director Elections | Board | WITHHOLD | 3 | |
| ANTERO MIDSTREAM CORPORATION | June 4, 2025 | To approve, on an advisory basis, the compensation of Antero Midstream Corporation's named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| ARIS WATER SOLUTIONS, INC. | May 21, 2025 | Election of Director: 3. W. Howard Keenan, Jr. | Director Elections | Board | WITHHOLD | 3 | |
| BJ'S WHOLESALE CLUB HOLDINGS, INC. | June 19, 2025 | Election of Director: 1. Darryl Brown | Director Elections | Board | WITHHOLD | 3 | |
| BJ'S WHOLESALE CLUB HOLDINGS, INC. | June 19, 2025 | Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts, if properly presented at the meeting. | Environment or Climate | Shareholder | Against | FOR | 3 |
| CACI INTERNATIONAL INC | October 17, 2024 | Election of Director: Michael A. Daniels | Director Elections | Board | AGAINST | 3 | |
| CACI INTERNATIONAL INC | October 17, 2024 | Election of Director: Ryan D. McCarthy | Director Elections | Board | AGAINST | 3 | |
| CHORD ENERGY CORPORATION | April 30, 2025 | Election of Director to serve until the 2026 Annual Meeting: Marguerite Woung-Chapman | Director Elections | Board | AGAINST | 3 | |
| CROWN HOLDINGS, INC. | May 1, 2025 | Consideration of a Shareholder proposal regarding transparency in political spending. | Other Social Issues | Shareholder | Against | FOR | 3 |
| ENLINK MIDSTREAM, LLC | January 30, 2025 | To approve, on a non-binding advisory basis, the compensation that may be paid or become payable to EnLink's named executive officers that is based on or otherwise relates to the Mergers. | Say-on-Pay | Board | AGAINST | 3 | |
| GENERAL DYNAMICS CORPORATION | May 7, 2025 | Election of Director: Cecil D. Haney | Director Elections | Board | AGAINST | 3 | |
| GILEAD SCIENCES, INC. | May 7, 2025 | To vote on a stockholder proposal requesting a comprehensive human rights policy and human rights due diligence process, if properly presented at the Annual Meeting. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 3 |
| HESS CORPORATION | May 14, 2025 | Election of Director to serve for a one-year term expiring in 2026: K.F. OVELMEN | Director Elections | Board | AGAINST | 3 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 29, 2025 | Election of Director for a Term of One Year: Andrew N. Liveris | Director Elections | Board | AGAINST | 3 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 29, 2025 | Stockholder Proposal to Support Transparency in Lobbying | Other Social Issues | Shareholder | Against | FOR | 3 |
| KINDER MORGAN, INC. | May 15, 2025 | Election of Director for a one-year term expiring in 2026: Ted A. Gardner | Director Elections | Board | AGAINST | 3 | |
| MARVELL TECHNOLOGY, INC. | June 13, 2025 | An advisory (non-binding) vote to approve compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| MERCURY SYSTEMS, INC. | October 23, 2024 | To approve, on an advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| NEXTDECADE CORPORATION | June 4, 2025 | Election of Class A Director previously elected by the Board, to serve the remainder of his term as a Class A director ending in 2027 or until his successor is duly elected and qualified or until the earlier of his death, resignation or removal: Arnaud Lenail- Chouteau | Director Elections | Board | AGAINST | 3 | |
| NVIDIA CORPORATION | June 25, 2025 | Election of Director: Aarti Shah | Director Elections | Board | AGAINST | 3 | |
| O'REILLY AUTOMOTIVE, INC. | May 15, 2025 | Election of Director: Dana M. Perlman | Director Elections | Board | AGAINST | 3 | |
| SALESFORCE, INC. | June 5, 2025 | Approval, on an advisory basis, of the fiscal 2025 compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| SALESFORCE, INC. | June 5, 2025 | Election of Director: Oscar Munoz | Director Elections | Board | AGAINST | 3 | |
| SALESFORCE, INC. | June 5, 2025 | Election of Director: Robin Washington | Director Elections | Board | AGAINST | 3 | |
| SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.) | April 2, 2025 | Election of Director: Miguel Galuccio | Director Elections | Board | AGAINST | 3 | |
| THE GOLDMAN SACHS GROUP, INC. | April 23, 2025 | Advisory Vote to Approve Executive Compensation (Say on Pay) | Say-on-Pay | Board | AGAINST | 3 | |
| UNITEDHEALTH GROUP INCORPORATED | June 2, 2025 | Election of Director: Andrew Witty | Director Elections | Board | ABSTAIN | 3 | |
| UNITEDHEALTH GROUP INCORPORATED | June 2, 2025 | Election of Director: John Noseworthy, M.D. | Director Elections | Board | AGAINST | 3 | |
| UNITEDHEALTH GROUP INCORPORATED | June 2, 2025 | Election of Director: Timothy Flynn | Director Elections | Board | AGAINST | 3 | |
| ACCENTURE PLC | February 6, 2025 | Appointment of Director: Nancy McKinstry | Director Elections | Board | AGAINST | 2 | |
| AMDOCS LIMITED | January 31, 2025 | Election of Director: Robert A. Minicucci | Director Elections | Board | AGAINST | 2 | |
| APA CORPORATION | May 22, 2025 | Advisory Vote to Approve Compensation of APA's Named Executive Officers | Say-on-Pay | Board | AGAINST | 2 | |
| ARTHUR J. GALLAGHER & CO. | May 13, 2025 | Election of Director: Chris Miskel | Director Elections | Board | AGAINST | 2 | |
| BAKER HUGHES COMPANY | May 20, 2025 | Election of Director: Ilham Kadri | Director Elections | Board | ABSTAIN | 2 | |
| BANK OF AMERICA CORPORATION | April 22, 2025 | Election of Director: Maria T. Zuber | Director Elections | Board | AGAINST | 2 | |
| BECTON, DICKINSON AND COMPANY | January 28, 2025 | Election of Director: Jeffrey W. Henderson | Director Elections | Board | AGAINST | 2 | |
| BECTON, DICKINSON AND COMPANY | January 28, 2025 | Election of Director: R. Andrew Eckert | Director Elections | Board | AGAINST | 2 | |
| BLUE OWL CAPITAL INC. | June 9, 2025 | Election of Director: Dana Weeks | Director Elections | Board | AGAINST | 2 | |
| CISCO SYSTEMS, INC. | December 9, 2024 | Approval, on an advisory basis, of executive compensation. | Say-on-Pay | Board | AGAINST | 2 | |
| COGENT COMMUNICATIONS HOLDINGS, INC. | May 7, 2025 | Non-Binding Advisory Vote to approve Named Executive Officer Compensation. | Say-on-Pay | Board | AGAINST | 2 | |
| CONSTELLIUM SE | May 15, 2025 | Delegation of competence to the Board of Directors to increase the number of shares issued in case of a capital increase, without preferential subscription rights, by way of a public offering other than within the meaning of article L. 411-2 1° of the French Monetary and Financial Code, in accordance with article L. 225- 135-1 of the French Commercial Code, by up to 15%, for a 26 month-period. | Capital Structure | Board | AGAINST | 2 | |
| COTERRA ENERGY INC. | April 30, 2025 | Election of Director: Amanda M. Brock | Director Elections | Board | AGAINST | 2 | |
| COTERRA ENERGY INC. | April 30, 2025 | Election of Director: Frances M. Vallejo | Director Elections | Board | AGAINST | 2 | |
| COTERRA ENERGY INC. | April 30, 2025 | Election of Director: Marcus A. Watts | Director Elections | Board | AGAINST | 2 | |
| EAGLE MATERIALS INC. | August 1, 2024 | Election of Director: Rick Beckwitt | Director Elections | Board | AGAINST | 2 | |
| ESSEX PROPERTY TRUST, INC. | May 13, 2025 | Election of Director: Keith R. Guericke | Director Elections | Board | AGAINST | 2 | |
| MICROCHIP TECHNOLOGY INCORPORATED | August 20, 2024 | Election of Director: Karen M. Rapp | Director Elections | Board | AGAINST | 2 | |
| MICROCHIP TECHNOLOGY INCORPORATED | August 20, 2024 | Stockholder proposal requesting that our Board of Directors commission an independent third-party report, at reasonable expense and excluding proprietary information, on our due diligence process to determine whether our customers' use of our products contribute or are linked to violations of international law. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 2 |
| NORTHERN OIL AND GAS, INC. | May 22, 2025 | Election of Director: 8. Jennifer Pomerantz | Director Elections | Board | WITHHOLD | 2 | |
| OCCIDENTAL PETROLEUM CORPORATION | May 2, 2025 | Advisory Vote to Approve Named Executive Officer Compensation | Say-on-Pay | Board | AGAINST | 2 | |
| PEGASYSTEMS INC. | June 17, 2025 | Election of Director for a term of one year: Larry Weber | Director Elections | Board | AGAINST | 2 | |
| PEGASYSTEMS INC. | June 17, 2025 | To approve the amended and restated Pegasystems Inc. 2004 Long-Term Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| PERMIAN RESOURCES CORPORATION | May 21, 2025 | Election of Director: Aron Marquez | Director Elections | Board | AGAINST | 2 | |
| PERMIAN RESOURCES CORPORATION | May 21, 2025 | Election of Director: Robert J. Anderson | Director Elections | Board | AGAINST | 2 | |
| PERMIAN RESOURCES CORPORATION | May 21, 2025 | Election of Director: Steven D. Gray | Director Elections | Board | AGAINST | 2 | |
| PHILLIPS 66 | May 21, 2025 | COMPANY NOMINEE OPPOSED BY ELLIOTT: Howard I. Ungerleider | Director Elections | Board | ABSTAIN | 2 | |
| PHILLIPS 66 | May 21, 2025 | COMPANY NOMINEE OPPOSED BY ELLIOTT: John E. Lowe | Director Elections | Board | ABSTAIN | 2 | |
| PHILLIPS 66 | May 21, 2025 | COMPANY NOMINEE OPPOSED BY ELLIOTT: Robert W. Pease | Director Elections | Board | ABSTAIN | 2 | |
| PHILLIPS 66 | May 21, 2025 | ELLIOTT NOMINEE: Stacy D. Nieuwoudt | Director Elections | Board | ABSTAIN | 2 | |
| ROBINHOOD MARKETS, INC. | June 25, 2025 | Election of Director: Jonathan Rubinstein | Director Elections | Board | AGAINST | 2 | |
| TEXAS ROADHOUSE,INC. | May 15, 2025 | An Advisory Vote on a Shareholder Proposal Regarding the Adoption of a Policy Requiring the Disclosure of Texas Roadhouse's Consolidated EEO-1 Report | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 2 |
| THE COOPER COMPANIES, INC. | April 2, 2025 | Election of Director: Cynthia L. Lucchese | Director Elections | Board | AGAINST | 2 | |
| THE TIMKEN COMPANY | May 2, 2025 | Approval, on an advisory basis, of our named executive officer compensation. | Say-on-Pay | Board | AGAINST | 2 | |
| THE TIMKEN COMPANY | May 2, 2025 | Election of Director: 7. Tarak B. Mehta | Director Elections | Board | WITHHOLD | 2 | |
| URBAN EDGE PROPERTIES | May 7, 2025 | The approval, on a non-binding advisory basis, of a resolution approving the compensation of our named executive officers as described in the Proxy Statement. | Say-on-Pay | Board | AGAINST | 2 | |
| WALMART INC. | June 5, 2025 | Racial Equity Audit | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 2 |
| ADVANCED MICRO DEVICES, INC. | May 14, 2025 | Approve on a non-binding, advisory basis the compensation of the named executive officers, as disclosed in this proxy statement pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission. | Say-on-Pay | Board | AGAINST | 1 | |
| ADVANCED MICRO DEVICES, INC. | May 14, 2025 | Election of Director: Abhi Y. Talwalkar | Director Elections | Board | AGAINST | 1 | |
| ADVANCED MICRO DEVICES, INC. | May 14, 2025 | Election of Director: Joseph A. Householder | Director Elections | Board | AGAINST | 1 | |
| ADVANCED MICRO DEVICES, INC. | May 14, 2025 | Election of Director: Michael P. Gregoire | Director Elections | Board | AGAINST | 1 | |
| ADVANCED MICRO DEVICES, INC. | May 14, 2025 | Ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm for the current fiscal year. | Audit-related | Board | AGAINST | 1 | |
| AECOM | February 28, 2025 | Advisory vote to approve the Company's executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| AECOM | February 28, 2025 | Election of Director: Bradley W. Buss | Director Elections | Board | AGAINST | 1 | |
| AECOM | February 28, 2025 | Election of Director: Daniel R. Tishman | Director Elections | Board | AGAINST | 1 | |
| AECOM | February 28, 2025 | Election of Director: Derek J. Kerr | Director Elections | Board | AGAINST | 1 | |
| AECOM | February 28, 2025 | Election of Director: Douglas W. Stotlar | Director Elections | Board | AGAINST | 1 |
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Built October 18, 2026 from SEC Form N-PX filings.