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Ultimus Managers Trust 2025-2026: where it broke with 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

493 proposals.

Ultimus Managers Trust, 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 recommendedUltimus Managers Trust votedFunds
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Bertram L. Scot Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Carrie L. Byington Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Christopher Jones Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Claire M. Fraser Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Gregory J. Hayes Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Jacqueline Wright Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Jeffrey W. Henderson Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Joanne Waldstreicher Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: R. Andrew Eckert Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Robert L. Huffines Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Thomas E. Polen Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: Timothy M. Ring Director Elections Board AGAINST 1
BECTON, DICKINSON AND COMPANY January 27, 2026 Election of Director: William M. Brown Director Elections Board AGAINST 1
BERKSHIRE HATHAWAY INC. May 2, 2026 Election of Director: 8. Susan L. Decker Director Elections Board WITHHOLD 1
BERKSHIRE HATHAWAY INC. May 2, 2026 Election of Director: 9. Charlotte Guyman Director Elections Board WITHHOLD 1
BERKSHIRE HATHAWAY INC. May 2, 2026 Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework for workforce and human-capital management across its operating subsidiaries. Diversity, Equity, and Inclusion Shareholder Against FOR 1
BJ'S WHOLESALE CLUB HOLDINGS, INC. June 18, 2026 Election of Director: 1. Darryl Brown Director Elections Board WITHHOLD 1
BJ'S WHOLESALE CLUB HOLDINGS, INC. June 18, 2026 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 1
BLACKLINE, INC. May 7, 2026 Approval, on a non-binding, advisory basis, of the 2025 compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
BOLLORE SE May 27, 2026 APPROVE COMPENSATION OF CYRILLE BOLLORE, CHAIRMAN AND CEO Say-on-Pay Board AGAINST 1
BOLLORE SE May 27, 2026 APPROVE COMPENSATION REPORT Compensation Board AGAINST 1
BOLLORE SE May 27, 2026 APPROVE REMUNERATION POLICY OF CHAIRMAN AND CEO Compensation Board AGAINST 1
BOLLORE SE May 27, 2026 APPROVE REMUNERATION POLICY OF DIRECTORS Compensation Board AGAINST 1
BOLLORE SE May 27, 2026 REELECT BOLLORE PARTICIPATIONS SE AS DIRECTOR Director Elections Board AGAINST 1
BOOT BARN HOLDINGS, INC. August 27, 2025 Election of Directors: Lisa G. Laube Director Elections Board WITHHOLD 1
BRENNTAG SE May 20, 2026 APPROVE REMUNERATION POLICY Compensation Board AGAINST 1
BRENNTAG SE May 20, 2026 ELECT CLAUDINE MOLLENKOPF TO THE SUPERVISORY BOARD Director Elections Board AGAINST 1
BRENNTAG SE May 20, 2026 ELECT GUUS DEKKERS TO THE SUPERVISORY BOARD Director Elections Board AGAINST 1
BROADCOM INC April 20, 2026 Advisory vote to approve the named executive officer compensation. Say-on-Pay Board AGAINST 1
BROADCOM INC April 20, 2026 Election of Director: Check Kian Low Director Elections Board AGAINST 1
BROADCOM INC April 20, 2026 Election of Director: Harry L. You Director Elections Board AGAINST 1
BROADCOM INC April 20, 2026 Election of Directors Check Kian Low Director Elections Board AGAINST 1
BROADCOM INC April 20, 2026 Election of Directors Diane M. Bryant Director Elections Board AGAINST 1
BROADCOM INC April 20, 2026 Election of Directors Harry L. You Director Elections Board AGAINST 1
BUILDERS FIRSTSOURCE, INC. May 14, 2026 ELECTION OF DIRECTORS: Craig Steinke Director Elections Board AGAINST 1
Bayer AG April 24, 2026 Approval of the Compensation Report Say-on-Pay Board AGAINST 1
Bayer AG April 24, 2026 Supervisory Board election - Alfred Stern Director Elections Board AGAINST 1
Bayer AG April 24, 2026 Supervisory Board election - Marcel Smits Director Elections Board AGAINST 1
CALIFORNIA WATER SERVICE GROUP May 20, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 1
CALIFORNIA WATER SERVICE GROUP May 20, 2026 Election of Director: Martin A. Kropelnicki Director Elections Board AGAINST 1
CALIFORNIA WATER SERVICE GROUP May 20, 2026 Election of Director: Scott L. Morris Director Elections Board AGAINST 1
CALIFORNIA WATER SERVICE GROUP May 20, 2026 Election of Director: Thomas M. Krummel, M.D. Director Elections Board AGAINST 1
CALIFORNIA WATER SERVICE GROUP May 20, 2026 Ratification of the selection of Deloitte & Touche LLP as the Group's independent registered public accounting firm for 2026. Audit-related Board AGAINST 1
CENTENE CORPORATION May 12, 2026 ELECTION OF DIRECTORS. Jessica L. Blume Director Elections Board AGAINST 1
CENTURY COMMUNITIES, INC. May 6, 2026 Election of Directors John P. Box Director Elections Board AGAINST 1
CINTAS CORPORATION October 28, 2025 Election of Directors Joseph Scaminace Director Elections Board AGAINST 1
CITIGROUP INC. April 29, 2025 Approve add'l shs (36m) for 2019 Stock Incentive Plan Compensation Board AGAINST 1
CLEARWAY ENERGY, INC. April 29, 2026 Election of Director: 9. Daniel B. More Director Elections Board WITHHOLD 1
CLEARWAY ENERGY, INC. April 29, 2026 To approve a Second Amended and Restated Certificate of Incorporation of Clearway Energy, Inc. (the ""Amended Charter"") that would (i) provide that each share of Class A common stock, par value $0.01 per share (""Class A common stock""), will be convertible into one share of Class C common stock, par value $0.01 per share, (ii) provide that such conversion (the ""Class A Conversion"") will occur automatically at 12:01 A.M. (Eastern Time) on the second business day following the filing of the Amended Charter, (iii) provide that, from and after the Class A Conversion, Clearway Energy, Inc. will not have authority to issue or reissue Class A common stock and certain provisions relating to the Class A common stock will have no further force or effect, (iv) reduce the number of authorized shares of Class A common stock to 34,613,853 and (v) update certain other historical matters. Compensation Board AGAINST 1
CLIMB GLOBAL SOLUTIONS INC June 2, 2026 Election of Director: 1. John McCarthy Director Elections Board WITHHOLD 1
CONMED CORPORATION May 20, 2025 Approve 2025 Long-Term Incentive Plan Compensation Board AGAINST 1
CORE & MAIN, INC. June 23, 2026 Advisory vote to approve Core & Main's named executive officer compensation. Say-on-Pay Board AGAINST 1
CORE & MAIN, INC. June 23, 2026 DIRECTOR: ORVIN T. KIMBROUGH Director Elections Board WITHHOLD 1
CORPAY, INC. May 7, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
COSTCO WHOLESALE CORPORATION January 15, 2026 Approval, on an advisory basis, of executive compensation. Say-on-Pay Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Ambereen Toubassy Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Asha Sharma Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Benjamin Sun Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Bom Kim Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Jason Child Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Kevin Warsh Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Neil Mehta Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 Election of Director: Pedro Franceschi Director Elections Board AGAINST 1
COUPANG, INC. June 11, 2026 To consider a non-binding vote to approve the compensation of Coupang, Inc.'s named executive officers. Say-on-Pay Board AGAINST 1
CRANE NXT, CO. May 21, 2026 Election of Director: Michael Dinkins Director Elections Board AGAINST 1
CRANE NXT, CO. May 21, 2026 Ratification of the selection of Deloitte & Touche LLP as the Company's independent auditors for 2026. Audit-related Board AGAINST 1
CROWN CASTLE INC. May 20, 2026 The non-binding, advisory vote to approve the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
CSX CORPORATION May 12, 2026 Election of Directors Linda H. Riefler Director Elections Board AGAINST 1
CURBLINE PROPERTIES CORP. May 7, 2026 Election of two Class II Directors: Barry A. Sholem Director Elections Board AGAINST 1
Citizens Financial Group, Inc. April 23, 2026 Advisory Vote on Executive Compensation Say-on-Pay Board AGAINST 1
Cloudflare, Inc. June 30, 2026 Approval and adoption of amendments to establish the Class C common stock. Capital Structure Board AGAINST 1
Cloudflare, Inc. June 30, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Cloudflare, Inc. June 30, 2026 Election of Director Karim Lakhani Director Elections Board WITHHOLD 1
Cloudflare, Inc. June 30, 2026 Election of Director Michelle Zatlyn Director Elections Board WITHHOLD 1
Cloudflare, Inc. June 30, 2026 Election of Director Scott Sandell Director Elections Board WITHHOLD 1
Comcast Corporation June 10, 2026 Advisory vote on executive compensation Say-on-Pay Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Asuka Nakahara Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Brian L. Roberts Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Edward D. Breen Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Gordon Smith Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Jeffrey A. Honickman Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Kenneth J. Bacon Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Louise F. Brady Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Madeline S. Bell Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Michael J. Cavanagh Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Thomas J. Baltimore Jr. Director Elections Board AGAINST 1
Comcast Corporation June 10, 2026 Election of Director: Wonya Y. Lucas Director Elections Board AGAINST 1
Corning April 30, 2026 Advisory approval of our executive compensation (Say on Pay) Say-on-Pay Board AGAINST 1
D'IETEREN GROUP May 28, 2026 APPROVE CHANGES TO THE REMUNERATION POLICY Compensation Board AGAINST 1
D'IETEREN GROUP May 28, 2026 APPROVE REMUNERATION REPORT Say-on-Pay Board AGAINST 1
D'IETEREN GROUP May 28, 2026 AUTHORIZE BOARD TO ISSUE SHARES IN THE EVENT OF A PUBLIC TENDER OFFER OR SHARE EXCHANGE OFFER AND RENEW AUTHORIZATION TO INCREASE SHARE CAPITAL WITHIN THE FRAMEWORK OF AUTHORIZED CAPITAL Capital Structure Board AGAINST 1
DARDEN RESTAURANTS, INC. September 17, 2025 Election of Director: 3. Juliana L. Chugg Director Elections Board WITHHOLD 1
DIAMONDBACK ENERGY, INC. May 20, 2026 Election of Directors: Vincent K. Brooks Director Elections Board AGAINST 1
EBAY INC. June 17, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
EBAY INC. June 17, 2026 Election of Director: Paul S. Pressler Director Elections Board AGAINST 1
EBAY INC. June 17, 2026 Election of Director: William D. Nash Director Elections Board AGAINST 1
EBAY INC. June 17, 2026 Ratification of appointment of independent auditors. Audit-related Board AGAINST 1
EQT CORPORATION April 14, 2026 Election of 10 Directors Vicky A. Bailey Director Elections Board AGAINST 1
EQUITABLE HOLDINGS, INC. May 21, 2025 Amend & Restate Company's 2019 Omnibus Incentive Plan Compensation Board AGAINST 1
EVERUS CONSTRUCTION GROUP, INC. May 12, 2026 Election of Directors Edward A. Ryan Director Elections Board AGAINST 1

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Built October 13, 2026 from SEC Form N-PX filings.