# EDGAR Filing Document

**Accession Number:** 0001604350
**File Stem:** 0001438934-25-001344
**Filing Date:** 2025-8
**Character Count:** 16097
**Document Hash:** f99d1519511c548a636f6c6c1c539c41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001438934-25-001344.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001438934-25-001344

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**EFFECTIVENESS DATE**: 20250822

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Glendon Capital Management LP
- **CENTRAL INDEX KEY:** 0001604350

**ORGANIZATION NAME:**
- **EIN:** 461394333
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16576
- **FILM NUMBER:** 251243403

**BUSINESS ADDRESS:**
- **STREET 1:** 2425 OLYMPIC BLVD, SUITE 500E
- **CITY:** SANTA MONICA
- **STATE:** CA
- **ZIP:** 90404
- **BUSINESS PHONE:** (310) 907-0450

**MAIL ADDRESS:**
- **STREET 1:** 2425 OLYMPIC BLVD, SUITE 500E
- **CITY:** SANTA MONICA
- **STATE:** CA
- **ZIP:** 90404

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

## N-PX: Filer Information

**Filer CIK:** 0001604350

**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:** Glendon Capital Management LP

**Address:** 2425 Olympic Blvd., Santa Monica, CA 90404

**Telephone number:** 310-907-0450

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-16576

**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:** 1

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| AFFIRM HOLDINGS, INC.               | 00827B106 | 12/09/2024     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         336000 |                0 | FOR         | 336000                                   | FOR                         |  |
| ALLY FINANCIAL INC.                 | 02005N100 | 05/06/2025     | Advisory vote on executive compensation.                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        2101521 |                0 | FOR         | 2101521                                  | 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 |         207658 |                0 | FOR         | 207658                                   | FOR                         |  |
| DELIVERY HERO SE                    | D1T0KZ103 | 06/18/2025     | APPROVAL OF COMPENSATION REPORT FOR FINANCIAL YEAR 2024                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         267131 |                0 | FOR         | 267131                                   | FOR                         |  |
| DIEBOLD NIXDORF, INCORPORATED       | 253651202 | 04/30/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1411632 |                0 | FOR         | 1411632                                  | FOR                         |  |
| ENACT HOLDINGS, INC.                | 29249E109 | 05/14/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        1298718 |                0 | FOR         | 1298718                                  | FOR                         |  |
| ENDO, INC.                          | 29290D117 | 06/13/2025     | The Combination-Related Compensation Proposal - To consider and vote on, on a non-binding, advisory basis, a proposal to approve compensation that will or may become payable by Endo to its named executive officers in connection with the Transactions. | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| ENDO, INC.                          | 29290D117 | 06/25/2025     | To approve, on an advisory basis, the compensation of our named executive officers (say-on-pay).                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |            968 |                0 | FOR         | 968                                      | FOR                         |  |
| ENDO, INC.                          | 29290D117 | 06/25/2025     | To approve, on an advisory basis, the frequency of soliciting an advisory say-on-pay vote (say-on-frequency).                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            968 |                0 | 1 YEAR      | 968                                      | FOR                         |  |
| EXPAND ENERGY CORPORATION           | 165167735 | 06/05/2025     | To approve on an advisory basis our named executive officer compensation for 2024.                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |        1964972 |                0 | FOR         | 1964972                                  | FOR                         |  |
| FIVE POINT HOLDINGS, LLC            | 33833Q106 | 05/21/2025     | To approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        1658328 |                0 | FOR         | 1658328                                  | FOR                         |  |
| FRONTIER COMMUNICATIONS PARENT, INC | 35909D109 | 11/13/2024     | To approve, by advisory (non-binding) vote, the compensation that may be paid or become payable to the Company's named executive officers in connection with the consummation of the merger.                                                               | SECTION 14A SAY-ON-PAY VOTES |       23841212 |                0 | AGAINST     | 23841212                                 | AGAINST                     |  |
| FRONTIER COMMUNICATIONS PARENT, INC | 35909D109 | 05/21/2025     | To approve, on an advisory basis, our named executive officer compensation.                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |       23477317 |                0 | FOR         | 23477317                                 | FOR                         |  |
| GOHEALTH, INC.                      | 38046W204 | 06/18/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          41939 |                0 | AGAINST     | 41939                                    | AGAINST                     |  |
| NATIONAL CINEMEDIA, INC.            | 635309206 | 05/01/2025     | To approve, on an advisory basis, our executive compensation                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        1678903 |                0 | FOR         | 1678903                                  | FOR                         |  |
| NCR ATLEOS CORPORATION              | 63001N106 | 05/21/2025     | Consider and vote to approve, on a non-binding and advisory basis, the compensation of the named executive officers ("Say on Pay"), as more particularly described in these proxy materials.                                                               | SECTION 14A SAY-ON-PAY VOTES |           1000 |                0 | FOR         | 1000                                     | FOR                         |  |
| NRG ENERGY, INC.                    | 629377508 | 05/01/2025     | To approve, on a non-binding advisory basis, NRG Energy, Inc.'s executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         535953 |                0 | FOR         | 535953                                   | FOR                         |  |
| PYXUS INTERNATIONAL, INC.           | 74737V205 | 08/15/2024     | Adoption of a resolution approving, on an advisory basis, the compensation paid to the Company's named executive officers.                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        8315159 |                0 | FOR         | 8315159                                  | FOR                         |  |
| SERVICE PROPERTIES TRUST            | 81761L102 | 06/13/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         464881 |                0 | FOR         | 464881                                   | FOR                         |  |
| SES S.A.                            | L8300G135 | 04/03/2025     | APPROVAL OF REMUNERATION REPORT                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1026000 |                0 | FOR         | 1026000                                  | FOR                         |  |
| TALEN ENERGY CORPORATION            | 87422Q109 | 05/07/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         726870 |                0 | AGAINST     | 726870                                   | AGAINST                     |  |
| TALEN ENERGY CORPORATION            | 87422Q109 | 05/07/2025     | To approve, on an advisory basis, the frequency of advisory vote on executive compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         726870 |                0 | 1 YEAR      | 726870                                   | FOR                         |  |
| THE BEAUTY HEALTH COMPANY           | 88331L108 | 06/12/2025     | Approve, on a non-binding, advisory basis, the compensation paid to the Company's named executive officers.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         636954 |                0 | FOR         | 636954                                   | FOR                         |  |
| THE CONTAINER STORE GROUP, INC.     | 210751103 | 08/28/2024     | Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        4763546 |                0 | FOR         | 4763546                                  | FOR                         |  |
| VALARIS LIMITED                     | G9460G101 | 06/12/2025     | To approve on a non-binding advisory basis the compensation of our named executive officers.                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |             60 |                0 | FOR         | 60                                       | FOR                         |  |
| VISTRA CORP.                        | 92840M102 | 04/30/2025     | To approve, on a non-binding advisory basis, the 2024 compensation of the Company's named executive officers.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         339330 |                0 | FOR         | 339330                                   | FOR                         |  |
| WESBANCO, INC.                      | 950810101 | 04/16/2025     | To approve an advisory (non-binding) vote on compensation paid to Wesbanco's named executive officers.                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         769091 |                0 | FOR         | 769091                                   | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Glendon Capital Management LP

**By (Signature):** Haig Maghakian

**By (Printed Signature):** Haig Maghakian

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

**Date:** 08/22/2025