# EDGAR Filing Document

**Accession Number:** 0001135778
**File Stem:** 0001667731-25-001036
**Filing Date:** 2025-8
**Character Count:** 27052
**Document Hash:** 2812d6a79b4de6ad8e52398c935a2ce1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001667731-25-001036.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001667731-25-001036

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250801

**EFFECTIVENESS DATE**: 20250801

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MILLER VALUE PARTNERS, LLC
- **CENTRAL INDEX KEY:** 0001135778

**ORGANIZATION NAME:**
- **EIN:** 522204753
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06399
- **FILM NUMBER:** 251174180

**BUSINESS ADDRESS:**
- **STREET 1:** 50 S. LEMON AVE #302
- **CITY:** SARASOTA
- **STATE:** FL
- **ZIP:** 34236
- **BUSINESS PHONE:** 410-454-3159

**MAIL ADDRESS:**
- **STREET 1:** 50 S. LEMON AVE #302
- **CITY:** SARASOTA
- **STATE:** FL
- **ZIP:** 34236

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LMM LLC
- **DATE OF NAME CHANGE:** 20130725

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LMM LLC /MD/
- **DATE OF NAME CHANGE:** 20010301

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

## N-PX: Filer Information

**Filer CIK:** 0001135778

**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:** MILLER VALUE PARTNERS, LLC

**Address:** 50 S. LEMON AVE #302, SARASOTA, FL 34236

**Telephone number:** 410-454-3159

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-06399

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Semler Scientific, Inc.                     | 81684M104 | 10/04/2024     | Proposal 2 - Approve, on an advisory basis, the compensation of our named executive officers as disclosed in the proxy statement.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  28350           |                0 | FOR         |                          28350           | FOR                         |  |
| Viatris Inc.                                | 92556V106 | 12/06/2024     | Approval of, on a non-binding advisory basis, the 2023 compensation of the named executive officers of the Company.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 673332           |                0 | AGAINST     |                         673332           | AGAINST                     |  |
| United Natural Foods, Inc.                  | 911163103 | 12/17/2024     | To approve, on an advisory basis, our executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 319760           |                0 | FOR         |                         319760           | FOR                         |  |
| Atkore Inc.                                 | 047649108 | 01/30/2025     | The non-binding advisory vote approving executive compensation.                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  79207           |                0 | FOR         |                          79207           | FOR                         |  |
| UGI Corporation                             | 902681105 | 01/31/2025     | An advisory vote to approve the Fiscal 2024 compensation of the Company's named executive officers ("say-on-pay vote").                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 292000           |                0 | FOR         |                         292000           | FOR                         |  |
| JELD-WEN Holding, Inc.                      | 47580P103 | 04/24/2025     | To approve, by non-binding advisory vote, the compensation of our named executive officers.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 412839           |                0 | FOR         |                         412839           | FOR                         |  |
| Lithia Motors, Inc.                         | 536797103 | 04/24/2025     | To approve, by an advisory vote, named executive officer compensation.                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |   3144           |                0 | FOR         |                           3144           | FOR                         |  |
| TechnipFMC plc                              | G87110105 | 04/25/2025     | 2024 U.S. Say-on-Pay for Named Executive Officers: To approve, as a non-binding advisory resolution, the Company's named executive officer compensation for the year ended December 31, 2024, as reported in the Company's Proxy Statement | SECTION 14A SAY-ON-PAY VOTES |  64115           |                0 | FOR         |                          64115           | FOR                         |  |
| TechnipFMC plc                              | G87110105 | 04/25/2025     | Frequency of Future Say-on-Pay Proposals for Named Executive Officers: Approval of the frequency of future Say-on-Pay proposals for named executive officers                                                                               | SECTION 14A SAY-ON-PAY VOTES |  64115           |                0 | ONE YEAR    |                          64115           | FOR                         |  |
| Chord Energy Corporation                    | 674215207 | 04/30/2025     | To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  53371           |                0 | FOR         |                          53371           | FOR                         |  |
| American Axle  Manufacturing Holdings, Inc. | 024061103 | 05/01/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 870750           |                0 | FOR         |                         870750           | FOR                         |  |
| Boise Cascade Company                       | 09739D100 | 05/01/2025     | Advisory vote approving the Company's executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  40000           |                0 | FOR         |                          40000           | FOR                         |  |
| Bristol-Myers Squibb Company                | 110122108 | 05/06/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 108000           |                0 | FOR         |                         108000           | FOR                         |  |
| Ziff Davis, Inc.                            | 48123V102 | 05/07/2025     | To provide an advisory vote on the compensation of Ziff Davis' named executive officers.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  58032           |                0 | FOR         |                          58032           | FOR                         |  |
| Bread Financial Holdings, Inc.              | 018581108 | 05/13/2025     | ADVISORY VOTE ON EXECUTIVE COMPENSATION                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 370209           |                0 | FOR         |                         370209           | FOR                         |  |
| Centene Corporation                         | 15135B101 | 05/13/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION.                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  54254           |                0 | FOR         |                          54254           | FOR                         |  |
| AT Inc.                                     | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 210898           |                0 | FOR         |                         210898           | FOR                         |  |
| Cleveland-Cliffs Inc.                       | 185899101 | 05/15/2025     | Approval, on an advisory basis, of Cleveland-Cliffs Inc.'s named executive officers' compensation.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   6673           |                0 | FOR         |                           6673           | FOR                         |  |
| Dropbox, Inc.                               | 26210C104 | 05/15/2025     | To approve, on an advisory basis, the compensation of our named executive officers;                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  94848           |                0 | FOR         |                          94848           | FOR                         |  |
| Dropbox, Inc.                               | 26210C104 | 05/15/2025     | To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of our named executive officers; and                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  94848           |                0 | ONE YEAR    |                          94848           | FOR                         |  |
| Tutor Perini Corporation                    | 901109108 | 05/15/2025     | Approve the compensation of the Company's named executive officers on an advisory (non-binding) basis.                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  85680           |                0 | AGAINST     |                          85680           | AGAINST                     |  |
| Conduent Incorporated                       | 206787103 | 05/20/2025     | Approval, on an advisory basis, of the 2024 compensation of our named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      1.75964e+06 |                0 | FOR         |                              1.75964e+06 | FOR                         |  |
| Easterly Government Properties, Inc.        | 27616P301 | 05/22/2025     | Approval, on a non-binding advisory basis, of our named executive officer compensation.                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 367000           |                0 | FOR         |                         367000           | FOR                         |  |
| Jackson Financial Inc.                      | 46817M107 | 05/22/2025     | Non-binding, Advisory Vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 142377           |                0 | FOR         |                         142377           | FOR                         |  |
| Lincoln National Corporation                | 534187109 | 05/22/2025     | The approval of an advisory resolution on the compensation of our named executive officers.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 587827           |                0 | FOR         |                         587827           | FOR                         |  |
| Maplebear Inc.                              | 565394103 | 05/22/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  56823           |                0 | AGAINST     |                          56823           | AGAINST                     |  |
| Perdoceo Education Corporation              | 71363P106 | 05/22/2025     | Advisory Vote to approve executive compensation paid by the Company to its Named Executive Officers.                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  67186           |                0 | FOR         |                          67186           | FOR                         |  |
| Pinterest, Inc.                             | 72352L106 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  72016           |                0 | FOR         |                          72016           | FOR                         |  |
| Verizon Communications Inc.                 | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 198000           |                0 | FOR         |                         198000           | FOR                         |  |
| LyondellBasell Industries N.V.              | N53745100 | 05/23/2025     | Advisory Vote Approving Executive Compensation (Say-on-Pay)                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  38000           |                0 | FOR         |                          38000           | FOR                         |  |
| TotalEnergies SE                            | 89151E109 | 05/23/2025     | Approve Compensation of Patrick Pouyanne, Chairman and CEO                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   7650           |                0 | FOR         |                           7650           | FOR                         |  |
| Builders FirstSource, Inc.                  | 12008R107 | 05/27/2025     | An advisory vote on the compensation of the named executive officers                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  12993           |                0 | FOR         |                          12993           | FOR                         |  |
| The Carlyle Group Inc.                      | 14316J108 | 05/29/2025     | Non-Binding Vote to Approve Named Executive Officer Compensation ("Say-on-Pay")                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  70000           |                0 | AGAINST     |                          70000           | AGAINST                     |  |
| Gannett Co., Inc.                           | 36472T109 | 06/02/2025     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      2.59955e+06 |                0 | FOR         |                              2.59955e+06 | FOR                         |  |
| Nabors Industries Ltd.                      | G6359F137 | 06/03/2025     | Approval, on a non-binding, advisory basis, of the compensation paid by the Company to its named executive officers.                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 369965           |                0 | AGAINST     |                         369965           | AGAINST                     |  |
| Airbnb, Inc.                                | 009066101 | 06/04/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  10215           |                0 | AGAINST     |                          10215           | AGAINST                     |  |
| Citi Trends, Inc.                           | 17306X102 | 06/05/2025     | An advisory vote to approve, on a non-binding basis, the compensation of our named executive officers as set forth in the proxy statement.                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  97098           |                0 | FOR         |                          97098           | FOR                         |  |
| MasterBrand, Inc.                           | 57638P104 | 06/05/2025     | Advisory resolution to approve executive compensation of the Company's named executive officers.                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 123828           |                0 | FOR         |                         123828           | FOR                         |  |
| PayPal Holdings, Inc.                       | 70450Y103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  23323           |                0 | FOR         |                          23323           | FOR                         |  |
| Teva Pharmaceutical Industries Limited      | 881624209 | 06/05/2025     | TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION FOR TEVA'S NAMED EXECUTIVE OFFICERS                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   5550           |                0 | FOR         |                           5550           | FOR                         |  |
| Crocs, Inc.                                 | 227046109 | 06/10/2025     | An advisory vote to approve the compensation of our named executive officers.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  41201           |                0 | FOR         |                          41201           | FOR                         |  |
| Western Alliance Bancorporation             | 957638109 | 06/11/2025     | To approve, on an advisory (non-binding) basis, the compensation of executives.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  97907           |                0 | FOR         |                          97907           | FOR                         |  |
| Build-A-Bear Workshop, Inc.                 | 120076104 | 06/12/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 100000           |                0 | FOR         |                         100000           | FOR                         |  |
| Coupang, Inc.                               | 22266T109 | 06/12/2025     | To consider a non-binding vote to approve the compensation of Coupang, Inc.'s named executive officers.                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 130161           |                0 | FOR         |                         130161           | FOR                         |  |
| GameStop Corp.                              | 36467W109 | 06/12/2025     | Provide an advisory, non-binding vote on the compensation of our named executive officers.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  20830           |                0 | FOR         |                          20830           | FOR                         |  |
| Vroom, Inc.                                 | 92918V307 | 06/12/2025     | Approve, on an advisory (non-binding) basis, the compensation of the named executive officers of the Company.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  63942           |                0 | FOR         |                          63942           | FOR                         |  |
| Expensify, Inc.                             | 30219Q106 | 06/13/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 303837           |                0 | FOR         |                         303837           | FOR                         |  |
| Shift4 Payments, Inc.                       | 82452J109 | 06/13/2025     | Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers.                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  16709           |                0 | FOR         |                          16709           | FOR                         |  |
| Toast, Inc.                                 | 888787108 | 06/13/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  44628           |                0 | FOR         |                          44628           | FOR                         |  |
| CTO Realty Growth, Inc.                     | 22948Q101 | 06/18/2025     | Hold an advisory vote to approve executive compensation.                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 509935           |                0 | FOR         |                         509935           | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** MILLER VALUE PARTNERS, LLC

**By (Signature):** Christopher Anderson

**By (Printed Signature):** Christopher Anderson

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

**Date:** 08/01/2025