# EDGAR Filing Document

**Accession Number:** 0001448430
**File Stem:** 0001376474-25-000780
**Filing Date:** 2025-8
**Character Count:** 24747
**Document Hash:** a521434e53461839ce2ea766be369499
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001376474-25-000780.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001376474-25-000780

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aldebaran Capital, LLC
- **CENTRAL INDEX KEY:** 0001448430

**ORGANIZATION NAME:**
- **EIN:** 352064865
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22924
- **FILM NUMBER:** 251269304

**BUSINESS ADDRESS:**
- **STREET 1:** 10293 N. MERIDIAN STREET
- **STREET 2:** SUITE 300
- **CITY:** CARMEL
- **STATE:** IN
- **ZIP:** 46290
- **BUSINESS PHONE:** 317-818-7827

**MAIL ADDRESS:**
- **STREET 1:** 10293 N. MERIDIAN STREET
- **STREET 2:** SUITE 300
- **CITY:** CARMEL
- **STATE:** IN
- **ZIP:** 46290

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

## N-PX: Filer Information

**Filer CIK:** 0001448430

**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:** Aldebaran Capital, LLC

**Address:** 10293 N. MERIDIAN STREET, CARMEL, IN 46290

**Telephone number:** 317-818-7827

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-22924

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Aclaris Therapeutics, Inc.       | 00461U105 | 06/05/2025     | To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the proxy statement accompanying the proxy card.      | SECTION 14A SAY-ON-PAY VOTES |        1010880 |                0 | FOR         |                                  1010880 | FOR                         |  |
| Alcoa Corporation                | 013872106 | 05/08/2025     | Approval, on an advisory basis, of the Company's 2024 named executive officer compensation                                                                | SECTION 14A SAY-ON-PAY VOTES |             99 |                0 | AGAINST     |                                       99 | AGAINST                     |  |
| Amylyx Pharmaceuticals, Inc.     | 03237H101 | 06/05/2025     | To approve, on a non-binding, advisory basis, of the compensation of our named executive officers.                                                        | SECTION 14A SAY-ON-PAY VOTES |         258003 |                0 | FOR         |                                   258003 | FOR                         |  |
| Analog Devices, Inc.             | 032654105 | 03/12/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                | SECTION 14A SAY-ON-PAY VOTES |            250 |                0 | AGAINST     |                                      250 | AGAINST                     |  |
| AT Inc.                          | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |            500 |                0 | AGAINST     |                                      500 | AGAINST                     |  |
| Atea Pharmaceuticals, Inc.       | 04683R106 | 06/20/2025     | Approval, on an advisory (non-binding) basis, of the compensation of the named executive officers of the company.                                         | SECTION 14A SAY-ON-PAY VOTES |          17985 |                0 | AGAINST     |                                    17985 | AGAINST                     |  |
| Bank of America Coprotation      | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                   | SECTION 14A SAY-ON-PAY VOTES |         139811 |                0 | AGAINST     |                                   139811 | AGAINST                     |  |
| Bank of Montreal                 | 063671101 | 04/11/2025     | Advisory vote on the Bank's Approach to Executive Compensation                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           1700 |                0 | AGAINST     |                                     1700 | AGAINST                     |  |
| Bank of Montreal                 | 063671101 | 04/11/2025     | Shareholder Proposal Disclosure of Executive Compensation Metrics                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           1700 |                0 | AGAINST     |                                     1700 | AGAINST                     |  |
| Barrick Gold Corporation         | 067901108 | 05/06/2025     | Advisory Resolution on Approach To Executive Compensation                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          27820 |                0 | FOR         |                                    27820 | FOR                         |  |
| Berkshire Hathaway Inc.          | 084670702 | 05/03/2025     | Shareholder Proposal requesting that the Company disclose the highest NEO's pay ratio.                                                                    | SECTION 14A SAY-ON-PAY VOTES |          43190 |                0 | FOR         |                                    43190 | FOR                         |  |
| Berkshire Hathaway Inc.          | 084670108 | 05/04/2025     | Shareholder Proposal requesting that the Company disclose the highest NEO's pay ratio.                                                                    | SECTION 14A SAY-ON-PAY VOTES |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| Bunge Global SA                  | 000045792 | 05/15/2025     | Advisory Vote to Approve Named Executive Officer Compensation under U.S. Securities Law requirements                                                      | SECTION 14A SAY-ON-PAY VOTES |          98045 |                0 | FOR         |                                    98045 | FOR                         |  |
| Bunge Global SA                  | H11356104 | 05/15/2025     | Approval of the Maximum Aggregate Compensation of the Board for the Period between the 2024 Annual General Meeting and the 2025 Annual General Meeting    | SECTION 14A SAY-ON-PAY VOTES |          98045 |                0 | FOR         |                                    98045 | FOR                         |  |
| Bunge Global SA                  | H11356104 | 05/15/2025     | Approval of the Maximum Aggregate Compensation of the Executive Management Team for the Fiscal Year 2026                                                  | SECTION 14A SAY-ON-PAY VOTES |          98045 |                0 | FOR         |                                    98045 | FOR                         |  |
| Bunge Global SA                  | H11356104 | 05/15/2025     | Advisory Vote on the Swiss Compensation Report                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          98045 |                0 | FOR         |                                    98045 | FOR                         |  |
| Century Alumminum Company        | 156431108 | 06/16/2025     | Proposal to approve, on an advisory basis, the compensation of the named executive officers.                                                              | SECTION 14A SAY-ON-PAY VOTES |          61405 |                0 | FOR         |                                    61405 | FOR                         |  |
| Century Alumminum Company        | 156431108 | 06/16/2025     | Porposal to approve the 2025 Centruy Aluminum Company Incentive Plan                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          61405 |                0 | FOR         |                                    61405 | FOR                         |  |
| Chevron Corporation              | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          28364 |                0 | FOR         |                                    28364 | FOR                         |  |
| Dollar Tree, Inc.                | 256746108 | 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 |            528 |                0 | FOR         |                                      528 | FOR                         |  |
| Duke Energy Corporation          | 26441C204 | 05/01/2025     | Advisory vote to approve Duke Energy's named executive officer compensation                                                                               | SECTION 14A SAY-ON-PAY VOTES |           3600 |                0 | AGAINST     |                                     3600 | AGAINST                     |  |
| Eli Lilly And Company            | 532457108 | 05/04/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                       | SECTION 14A SAY-ON-PAY VOTES |           7785 |                0 | FOR         |                                     7785 | FOR                         |  |
| Enbridge Inc.                    | 29250N105 | 05/07/2025     | Accept Enbridge's approach to executive compensation, as disclosed in the Management Information Circular                                                 | SECTION 14A SAY-ON-PAY VOTES |          42568 |                0 | AGAINST     |                                    42568 | AGAINST                     |  |
| Essa Pharma Inc.                 | 29668H708 | 03/03/2025     | The approval, on a non-binding, advisory basis, of the compensation paid to the Company's named executive officers.                                       | SECTION 14A SAY-ON-PAY VOTES |         441616 |                0 | FOR         |                                   441616 | FOR                         |  |
| Exxon Mobil Corporation          | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           1951 |                0 | AGAINST     |                                     1951 | AGAINST                     |  |
| First Finanacial Bancorp         | 320209109 | 05/27/2025     | Advisory (non-binding) vote on the compensation of the Company's executives officers.                                                                     | SECTION 14A SAY-ON-PAY VOTES |           4412 |                0 | FOR         |                                     4412 | FOR                         |  |
| Ford Motor Company               | 345370860 | 05/08/2025     | An Advisory vote to approve the Compensation of the Named Executives                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          25650 |                0 | FOR         |                                    25650 | FOR                         |  |
| Freeport - McMoRan Inc.          | 35671D857 | 06/11/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                      | SECTION 14A SAY-ON-PAY VOTES |          51458 |                0 | AGAINST     |                                    51458 | AGAINST                     |  |
| Freeport - McMoRan Inc.          | 35671D857 | 06/11/2025     | Approval of the 2025 Stock Incentive Plan                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          51458 |                0 | AGAINST     |                                    51458 | AGAINST                     |  |
| GE Aerospace                     | 369604301 | 05/06/2025     | Advisory Approval of Our Named Executives Compensation                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           1256 |                0 | FOR         |                                     1256 | FOR                         |  |
| GE Aerospace                     | 369604301 | 05/06/2025     | Shareholder Proposal Requesting Vote on Severance Payments                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           1256 |                0 | FOR         |                                     1256 | FOR                         |  |
| GE Vernova Inc.                  | 369604301 | 05/06/2025     | Approve the compensation of our named executives officers in an advisory vote                                                                             | SECTION 14A SAY-ON-PAY VOTES |            332 |                0 | AGAINST     |                                      332 | AGAINST                     |  |
| GE Vernova Inc.                  | 369604301 | 05/06/2025     | Approve the frequency of future advisory votes on named executives officers compensation in an advisory vote                                              | SECTION 14A SAY-ON-PAY VOTES |            332 |                0 | ONE YEAR    |                                      332 | FOR                         |  |
| Healthequity                     | 42226A107 | 06/26/2025     | To approve, on a non-binding, advisory basis, the fiscal 2025 compensation paid to our named executive officers.                                          | SECTION 14A SAY-ON-PAY VOTES |            750 |                0 | FOR         |                                      750 | FOR                         |  |
| Hillenbrand, Inc.                | 431571108 | 02/18/2025     | To approve, by a non-binding advisory vote, the compensation paid by the Company to its Named Executive Officers.                                         | SECTION 14A SAY-ON-PAY VOTES |          40134 |                0 | AGAINST     |                                    40134 | AGAINST                     |  |
| Howmet Aerospace Inc.            | 443201108 | 05/28/2025     | Advisory vote to approve executive compensation                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |            296 |                0 | FOR         |                                      296 | FOR                         |  |
| IES Holdings, Inc.               | 44951W106 | 02/20/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           3936 |                0 | FOR         |                                     3936 | FOR                         |  |
| IES Holdings, Inc.               | 44951W106 | 02/20/2025     | Approval of the company's amended and restated 2006 equity incentive plan.                                                                                | SECTION 14A SAY-ON-PAY VOTES |           3936 |                0 | AGAINST     |                                     3936 | AGAINST                     |  |
| Intel Corporation                | 458140100 | 05/06/2025     | Advisory vote on executive compensation (Say-On-Pay)                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            625 |                0 | AGAINST     |                                      625 | AGAINST                     |  |
| Intel Corporation                | 458140100 | 05/06/2025     | Approval of amendment and restatement of the 2006 Equity Incentive Plan.                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            625 |                0 | FOR         |                                      625 | FOR                         |  |
| JPMorgan Chase  Co.              | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          11907 |                0 | FOR         |                                    11907 | FOR                         |  |
| Merchants Bancorp                | 58844R108 | 05/14/2025     | A non-binding, advisory vote on the compensation of the Company's Named Executive Officers.                                                               | SECTION 14A SAY-ON-PAY VOTES |          10125 |                0 | FOR         |                                    10125 | FOR                         |  |
| Merck  Co., Inc.                 | 58933Y105 | 05/27/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                    | SECTION 14A SAY-ON-PAY VOTES |            939 |                0 | FOR         |                                      939 | FOR                         |  |
| Occidental Petroleum Corporation | 674599105 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         173488 |                0 | AGAINST     |                                   173488 | AGAINST                     |  |
| Occidental Petroleum Corporation | 674599105 | 05/02/2025     | Approval of Occidental's Amended and Restated 2015 Long-Term Incentive Plan.                                                                              | SECTION 14A SAY-ON-PAY VOTES |         173488 |                0 | FOR         |                                   173488 | FOR                         |  |
| Patrick Industries, Inc.         | 703343103 | 05/15/2025     | To approve, in an advisory and non-binding vote, the compensation of the Company's named executive officers for fiscal year 2024.                         | SECTION 14A SAY-ON-PAY VOTES |          14500 |                0 | FOR         |                                    14500 | FOR                         |  |
| Patrick Industries, Inc.         | 703343103 | 05/15/2025     | To recommend, in an advisory and non-binding vote, the frequency of shareholder votes on executive compensation (a "Say-on-Frequency" vote).              | SECTION 14A SAY-ON-PAY VOTES |          14500 |                0 | ONE YEAR    |                                    14500 | FOR                         |  |
| PMV Pharmaceuticals Inc.         | 69353Y103 | 06/05/2025     | Approval, on a non-binding advisory basis, of the compensation of our named executive officers.                                                           | SECTION 14A SAY-ON-PAY VOTES |         523440 |                0 | AGAINST     |                                   523440 | AGAINST                     |  |
| Sirius XM Holdings Inc.          | 829933100 | 05/28/2025     | Advisory vote on frequency of future advisory votes on the compensation of named executive officers.                                                      | SECTION 14A SAY-ON-PAY VOTES |          83336 |                0 | ONE YEAR    |                                    83336 | FOR                         |  |
| Suncor Energy Inc.               | 867224107 | 05/06/2025     | To consider and, if deemed fit, approve an advisory resolution on Suncor's approach to executive compensation disclosed in the Management Proxy Circular. | SECTION 14A SAY-ON-PAY VOTES |         123277 |                0 | FOR         |                                   123277 | FOR                         |  |
| Teck Resources Limited           | 878742204 | 04/24/2025     | To approve an advisory resolution on Teck's approach to executive compensation                                                                            | SECTION 14A SAY-ON-PAY VOTES |          13031 |                0 | FOR         |                                    13031 | FOR                         |  |
| Tectonic Therapeutics            | 878972108 | 06/06/2025     | Advisory approval of the compensation of the Company's Named Executive Officers.                                                                          | SECTION 14A SAY-ON-PAY VOTES |          40825 |                0 | FOR         |                                    40825 | FOR                         |  |
| Tectonic Therapeutics            | 878972108 | 06/06/2025     | Advisory vote on the frequency of stockholder advisory votes on executive compensation.                                                                   | SECTION 14A SAY-ON-PAY VOTES |          40825 |                0 | ONE YEAR    |                                    40825 | FOR                         |  |
| Verisk Analytics, Inc.           | 92345Y106 | 05/20/2025     | To approve executive compensation on an advisory, non-binding basis.                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            325 |                0 | FOR         |                                      325 | FOR                         |  |
| Verizon Communications Inc.      | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          40538 |                0 | AGAINST     |                                    40538 | AGAINST                     |  |
| Walmart Inc.                     | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           1311 |                0 | FOR         |                                     1311 | FOR                         |  |
| Walmart Inc.                     | 931142103 | 06/05/2025     | Approval of Walmart Inc.Stock Incentive Plan of 2025                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           1311 |                0 | FOR         |                                     1311 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Aldebaran Capital, LLC

**By (Signature):** Kenneth R. Skarbeck

**By (Printed Signature):** Kenneth R. Skarbeck

**By (Title):** President

**Date:** 08/22/2025