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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
TESLA, INC. November 6, 2025 A Tesla proposal for approval of the A&R 2019 Equity Incentive Plan. Compensation Board AGAINST 1
TEXAS INSTRUMENTS INCORPORATED April 16, 2026 Election of Directors Todd Bluedorn Director Elections Board AGAINST 1
THE BALDWIN INSURANCE GROUP, INC. June 4, 2026 Election of Director: 1. Lowry Baldwin Director Elections Board WITHHOLD 1
THE BANK OF NEW YORK MELLON CORPORATION April 14, 2026 Advisory resolution to approve the 2025 compensation of our named executive officers. Say-on-Pay Board AGAINST 1
THE BANK OF NEW YORK MELLON CORPORATION April 14, 2026 Election of Directors. Joseph J. Echevarria Director Elections Board AGAINST 1
THE BOEING COMPANY April 17, 2026 Election of Directors Robert A. Bradway Director Elections Board AGAINST 1
THE HERSHEY COMPANY May 5, 2026 Approve named executive officer compensation on a non-binding advisory basis. Say-on-Pay Board AGAINST 1
THE HERSHEY COMPANY May 5, 2026 Election of Directors Huong Maria T. Kraus Director Elections Board AGAINST 1
THE MACERICH COMPANY June 1, 2026 Advisory vote to approve our named executive officer compensation as described in our Proxy Statement. Say-on-Pay Board AGAINST 1
THE TIMKEN COMPANY May 8, 2026 Approval, on an advisory basis, of our named executive officer compensation. Say-on-Pay Board AGAINST 1
THE VITA COCO COMPANY, INC. June 3, 2026 Election of Director Kenneth Sadowsky Director Elections Board WITHHOLD 1
THE VITA COCO COMPANY, INC. June 3, 2026 Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026. Audit-related Board AGAINST 1
THERMO FISHER SCIENTIFIC INC. May 20, 2026 An advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
TOAST, INC. June 12, 2026 Election of Class II Director: Kent Bennett Director Elections Board WITHHOLD 1
TOAST, INC. June 12, 2026 Ratification of Appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 1
TOAST, INC. June 12, 2026 To approve, on an advisory (non-binding) basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
TOLL BROTHERS, INC. March 10, 2026 Election of Directors: Wendell E. Pritchett 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 Shareholder proposal regarding report on the anticipated impact of recent changes in US immigration practices on the Company's finances and operations. Other Social Issues Shareholder Against FOR 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
The Charles Schwab Corporation May 21, 2026 Advisory approval of named executive officer compensation Compensation Board AGAINST 1
The Charles Schwab Corporation May 21, 2026 Election of Director for three-year term: Carolyn Schwab-Pomerantz Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Advisory approval of executive compensation Say-on-Pay Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Brian C. Evanko Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: David M. Cordani Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Donna F. Zarcone Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Eric C. Wiseman Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Eric J. Foss Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: George Kurian Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Kathleen M. Mazzarella Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Kimberly A. Ross Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Mark B. McClellan, M.D., Ph.D. Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Michael J. Hennigan Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Neesha Hathi Director Elections Board AGAINST 1
The Cigna Group April 22, 2026 Election of Director: Philip O. Ozuah, M.D., Ph.D. Director Elections Board AGAINST 1
UNITED NATURAL FOODS, INC. December 16, 2025 Election of Director: Jack Stahl Director Elections Board AGAINST 1
UNITED NATURAL FOODS, INC. December 16, 2025 Election of Director: James C. Pappas Director Elections Board AGAINST 1
UNITED NATURAL FOODS, INC. December 16, 2025 Election of Director: Shamim Mohammad Director Elections Board AGAINST 1
UNITED NATURAL FOODS, INC. December 16, 2025 The approval, on an advisory basis, of our executive compensation. Say-on-Pay Board AGAINST 1
UNITED NATURAL FOODS, INC. December 16, 2025 The ratification of the selection of KPMG LLP as our independent registered public accounting firm for the fiscal year ending August 1, 2026. Audit-related Board AGAINST 1
VERIZON COMMUNICATIONS INC. May 21, 2026 Risks of non-fiduciary executive compensation metrics Compensation Board AGAINST 1
VERTEX PHARMACEUTICALS INCORPORATED May 13, 2026 Election of Director: Alan Garber Director Elections Board AGAINST 1
VERTEX PHARMACEUTICALS INCORPORATED May 13, 2026 Election of Director: Bruce Sachs Director Elections Board AGAINST 1
VERTEX PHARMACEUTICALS INCORPORATED May 13, 2026 Election of Director: Lloyd Carney Director Elections Board AGAINST 1
VERTEX PHARMACEUTICALS INCORPORATED May 13, 2026 Ratification of Ernst & Young LLP as independent Registered Public Accounting firm for the year ending December 31, 2026. Audit-related Board AGAINST 1
VERTIV HOLDINGS CO June 17, 2026 To approve, on an advisory basis, the 2025 compensation of our named executive officers as disclosed in the Proxy Statement. Say-on-Pay Board AGAINST 1
VERTIV HOLDINGS CO June 17, 2026 To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Creighton Condon Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: David Eun Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: David Novak Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Gerald L. Hassell Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Leonard A. Potter Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Maritza Montiel Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Mark Lazaru Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Michael A. Conway Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: Rebecca S. Campbell Director Elections Board AGAINST 1
Versant Media Group, Inc. June 25, 2026 Election of Director: W. Scott Mahoney Director Elections Board AGAINST 1
Viatris Inc. December 5, 2025 Approval of, on a non-binding advisory basis, the 2024 compensation of the named executive officers of the Company. Director Elections Board AGAINST 1
Viatris Inc. December 5, 2025 Election of director to hold office until the 2026 annual meeting of shareholders: W. Don Cornwel Director Elections Board AGAINST 1
WATERS CORPORATION May 21, 2026 Election of Director to serve for the ensuing year and until their successors are elected: Dr. Flemming Ornskov, M.D., M.P.H. Director Elections Board AGAINST 1
WATERS CORPORATION May 21, 2026 To approve, on a non-binding, advisory basis, the compensation of the Company's executive officers. Compensation Board AGAINST 1
WELLTOWER INC. May 21, 2026 Election of Directors Ade J. Patton Director Elections Board AGAINST 1
WELLTOWER INC. May 21, 2026 Election of Directors Johnese M. Spisso Director Elections Board AGAINST 1
WELLTOWER INC. May 21, 2026 Election of Directors Kathryn M. Sullivan Director Elections Board AGAINST 1
WELLTOWER INC. May 21, 2026 Election of Directors Sergio D. Rivera Director Elections 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
WESTERN DIGITAL CORPORATION November 20, 2025 Election of Directors Stephanie A. Streeter Director Elections Board AGAINST 1
WEX INC. May 5, 2026 IMPACTIVE NOMINEE OPPOSED by the Company: Ellen R. Alemany Director Elections Board WITHHOLD 1
WEX INC. May 5, 2026 IMPACTIVE NOMINEE OPPOSED by the Company: Kurt P. Adams Director Elections Board WITHHOLD 1
WEX INC. May 5, 2026 IMPACTIVE NOMINEE OPPOSED by the Company: Lauren Taylor Wolfe Director Elections Board WITHHOLD 1
Walgreens Boots Alliance, Inc. July 11, 2025 To adjourn the Special Meeng, from me to me, to a later date or dates if necessary or appropriate, including adjournments to solicit addional proxies if there are insufficient votes at the me of the Special Meeng to approve the Merger Agreement Proposal (the ""Adjournment Proposal""). Extraordinary Transactions Board AGAINST 1
Walgreens Boots Alliance, Inc. July 11, 2025 To approve, by nonbinding, advisory vote, certain compensaon arrangements for the Company's named execuve officers in connecon with the Merger (the ""Merger-Related Compensaon Proposal"") Compensation Board AGAINST 1
XP Inc. May 29, 2026 Approval of the appointment of Jos? de Menezes Berenguer Neto as a director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the appointment of Thiago Simoes Maffra as a director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Bruno Constantino Alexandre dos Santos as a director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Guilherme Dias Fernandes Benchimol as a director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Jo?o Roberto Gon?alves Teixeira as an independent director Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Jos? Luiz Acar Pedro as an independent director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Martin Emiliano Escobari Lifchitz as an independent director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Melissa Werneck as an independent director. Director Elections Board AGAINST 1
XP Inc. May 29, 2026 Approval of the re-appointment of Oscar Rodriguez Herrero as an independent director. Director Elections Board AGAINST 1
XPEL INC June 10, 2026 Election of Director: 2. Stacy L. Bogart Director Elections Board WITHHOLD 1
XPEL INC June 10, 2026 Election of Director: 3. Richard K. Crumly Director Elections Board WITHHOLD 1
XPEL INC June 10, 2026 Election of Director: 4. Michael A. Klonne Director Elections Board WITHHOLD 1
XPEL INC June 10, 2026 Election of Director: 5. John F. North Director Elections Board WITHHOLD 1
XYLEM INC. May 14, 2026 Advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
XYLEM INC. May 14, 2026 Election of Director: Jerome A. Peribere Director Elections Board AGAINST 1
XYLEM INC. May 14, 2026 Election of Director: Mark D. Morelli Director Elections Board AGAINST 1
XYLEM INC. May 14, 2026 Election of Director: Robert F. Friel Director Elections Board AGAINST 1
XYLEM INC. May 14, 2026 Election of Director: Uday Yadav Director Elections Board AGAINST 1
XYLEM INC. May 14, 2026 Ratification of appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the year ending December 31, 2026. Audit-related Board AGAINST 1
YETI HOLDINGS, INC. May 7, 2026 Election of Director: 2. Mary Lou Kelley Director Elections Board WITHHOLD 1
ZILLOW GROUP, INC. June 2, 2026 Ratification of the Appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026 Audit-related Board AGAINST 1

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Built October 25, 2026 from SEC Form N-PX filings.