# EDGAR Filing Document

**Accession Number:** 0001632108
**File Stem:** 0001641172-25-025671
**Filing Date:** 2025-8
**Character Count:** 12087
**Document Hash:** 6f2951c53bc00353edfcddcb7c07adff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-025671.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001641172-25-025671

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**EFFECTIVENESS DATE**: 20250827

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lagoda Investment Management, L.P.
- **CENTRAL INDEX KEY:** 0001632108

**ORGANIZATION NAME:**
- **EIN:** 464740139
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16753
- **FILM NUMBER:** 251264282

**BUSINESS ADDRESS:**
- **STREET 1:** 3 COLUMBUS CIRCLE
- **STREET 2:** FLOOR 15
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-309-7664

**MAIL ADDRESS:**
- **STREET 1:** 3 COLUMBUS CIRCLE
- **STREET 2:** FLOOR 15
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001632108

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Lagoda Investment Management, L.P.

**Address:** 3 COLUMBUS CIRCLE, NEW YORK, NY 10019

**Telephone number:** 212-309-7664

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-16753

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER             | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                          | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ABBOTT LABORATORIES        | 002824100 | 04/25/2025     | An Advisory Vote on the Approval of Executive Compensation                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            160 |                0 | FOR         |                                      160 | FOR                         |  |
| DIGIMARC CORP              | 25381B101 | 05/07/2025     | To approve, by non-binding vote, the compensation paid to our executive officers                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         679675 |                0 | FOR         |                                   679675 | FOR                         |  |
| ENSTAR GROUP LTD           | G3075P101 | 11/06/2024     | To approce, on a non-binding, advisory basis, the compensation that will or may become payable by Enstar to its named executive officers in connection with the Mergers                                   | SECTION 14A SAY-ON-PAY VOTES |          11465 |                0 | FOR         |                                    11465 | FOR                         |  |
| EATON CORPORATION PLC      | G29183103 | 04/23/2025     | Approving, on an advisory basis, the Company's executive compensation                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           1635 |                0 | FOR         |                                     1635 | FOR                         |  |
| GXO LOGISTICS INC          | 36262G101 | 05/13/2025     | 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 | SECTION 14A SAY-ON-PAY VOTES |         140140 |                0 | FOR         |                                   140140 | FOR                         |  |
| HEICO CORP                 | 422806109 | 03/14/2025     | ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           6550 |                0 | FOR         |                                     6550 | FOR                         |  |
| MASTERCARD INC-CLASS A     | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           5619 |                0 | FOR         |                                     5619 | FOR                         |  |
| MICROSOFT CORP             | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           1275 |                0 | FOR         |                                     1275 | FOR                         |  |
| NATERA INC                 | 632307104 | 06/12/2025     | To approve, on an advisory (non-binding)basis, the compensation of Natera, Inc.'s named executive officers as disclosed in the proxy statement                                                            | SECTION 14A SAY-ON-PAY VOTES |          92310 |                0 | FOR         |                                    92310 | FOR                         |  |
| NOBLE CORPORATION PLC      | G65431127 | 05/08/2025     | Approval by Advisory Vote of the Company's Executive Compensation                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           6855 |                0 | FOR         |                                     6855 | FOR                         |  |
| PTC INC                    | 69370C100 | 02/12/2025     | Advisory vote to approve the compensation of our named executive officers (say-on-pay)                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          53770 |                0 | FOR         |                                    53770 | FOR                         |  |
| RENAISSANCERE HOLDINGS LTD | G7496G103 | 05/06/2025     | To approve, by a non-binding advisory vote, the compensation of the named executive officers of RenaissanceRe Holdings Ltd. as disclosed in the proxy statement                                           | SECTION 14A SAY-ON-PAY VOTES |          25080 |                0 | FOR         |                                    25080 | FOR                         |  |
| RIVIAN AUTOMOTIVE INC-A    | 76954A103 | 06/18/2025     | Approval, on an advisory (non-binding)basis, of the compensation of our named executive officers in 2024                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           4800 |                0 | FOR         |                                     4800 | FOR                         |  |
| TEXAS PACIFIC LAND CORP    | 88262P102 | 11/08/2024     | To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          40671 |                0 | FOR         |                                    40671 | FOR                         |  |
| THE ST. JOE COMPANY        | 790148100 | 05/13/2025     | Approval, on an advisory basis, of the compensation of our named executive officers                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |             45 |                0 | FOR         |                                       45 | FOR                         |  |
| TRANSMEDICS GROUP INC      | 89377M109 | 05/22/2025     | To approve, on a non-binding advisory basis, the compensation paid to TransMedics' named executive officers                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          97640 |                0 | FOR         |                                    97640 | FOR                         |  |
| TRUPANION INC              | 898202106 | 06/11/2025     | To approve, by non-binding advisory vote, the compensation of our named executive officers for the year ended December 31,2024                                                                            | SECTION 14A SAY-ON-PAY VOTES |         259895 |                0 | FOR         |                                   259895 | FOR                         |  |
| UBIQUITI INC               | 90353W103 | 12/05/2024     | The approval of Ubiquiti's named executive officer compensation, on an advisory and non-binding basis                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          25252 |                0 | FOR         |                                    25252 | FOR                         |  |
| VOLITIONRX LTD             | 928661107 | 07/02/2024     | To approve, by a non-binding advisory vote, the compensation of the Company's named executive officers as disclosed in the Compensation of Named Executive Officers section of the Proxy Statement        | SECTION 14A SAY-ON-PAY VOTES |        3725000 |                0 | FOR         |                                  3725000 | FOR                         |  |
| VOLITIONRX LTD             | 928661107 | 06/18/2025     | To approve, by a non-binding advisory vote, the compensation of the Company's named executive officers                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |       10476000 |                0 | FOR         |                                 10476000 | FOR                         |  |
| XPO INC                    | 983793100 | 05/15/2025     | Advisory vote to approve executive compensation                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |

## N-PX: Signature Block

**Reporting Person:** Lagoda Investment Management, L.P.

**By (Signature):** /s/ Jason A. Ozone

**By (Printed Signature):** /s/ Jason A. Ozone

**By (Title):** Chief Financial Officer and Chief Compliance Officer

**Date:** 08/27/2025