# EDGAR Filing Document

**Accession Number:** 0000922940
**File Stem:** 0001172661-25-004023
**Filing Date:** 2025-8
**Character Count:** 14864
**Document Hash:** 64a130e859894df9ed95be64adea9a89
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-004023.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001172661-25-004023

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** M.D. Sass, LLC
- **CENTRAL INDEX KEY:** 0000922940

**ORGANIZATION NAME:**
- **EIN:** 132703405
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04057
- **FILM NUMBER:** 251279279

**BUSINESS ADDRESS:**
- **STREET 1:** 55 WEST 46TH STREET
- **STREET 2:** SUITE 2801
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2127302000

**MAIL ADDRESS:**
- **STREET 1:** 55 WEST 46TH STREET
- **STREET 2:** SUITE 2801
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** M.D. Sass, Inc.
- **DATE OF NAME CHANGE:** 20230511

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** M.D. SASS INVESTORS SERVICES, INC.
- **DATE OF NAME CHANGE:** 20181116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MD SASS INVESTORS SERVICES INC
- **DATE OF NAME CHANGE:** 19940510

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

## N-PX: Filer Information

**Filer CIK:** 0000922940

**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:** M.D. Sass, LLC

**Address:** 55 WEST 46TH STREET, NEW YORK, NY 10036

**Telephone number:** 212-843-8980

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-04057

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AMETEK, INC.                         | 031100100 | 05/07/2025     | Approval, by advisory vote, of the compensation of AMETEK, Inc.'s named executive officers.                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         389661 |                0 | For         |                                   389661 | FOR                         |  |
| AMPHENOL CORPORATION                 | 032095101 | 05/15/2025     | Advisory vote to approve compensation of named executive officers                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        1044983 |                0 | For         |                                  1044983 | FOR                         |  |
| AON PLC                              | G0403H108 | 06/27/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         140808 |                0 | For         |                                   140808 | FOR                         |  |
| AON PLC                              | G0403H108 | 06/27/2025     | Approve the Aon plc 2011 Incentive Plan, as amended and restated and increase the number of shares available for issuance.                                                      | SECTION 14A SAY-ON-PAY VOTES |         140808 |                0 | For         |                                   140808 | FOR                         |  |
| API GROUP CORPORATION                | 00187Y100 | 05/16/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        1697764 |                0 | For         |                                  1697763 | FOR                         |  |
| CACI INTERNATIONAL INC               | 127190304 | 10/17/2024     | To approve on a non-binding, advisory basis the compensation of our named executive officers.                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         195356 |                0 | For         |                                   195356 | FOR                         |  |
| CANADIAN PACIFIC KANSAS CITY LIMITED | 13646K108 | 04/30/2025     | Advisory vote to approve the Corporation's approach to executive compensation as described in the Proxy Circular.                                                               | SECTION 14A SAY-ON-PAY VOTES |         843595 |                0 | For         |                                   843595 | FOR                         |  |
| CAPITAL ONE FINANCIAL CORPORATION    | 14040H105 | 05/08/2025     | Advisory vote on our Named Executive Officer compensation ("Say on Pay").                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         244375 |                0 | For         |                                   244375 | FOR                         |  |
| CAPITAL ONE FINANCIAL CORPORATION    | 14040H105 | 05/08/2025     | Stockholder proposal to require a shareholder vote on golden parachute arrangements.                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         244375 |                0 | For         |                                   244375 | AGAINST                     |  |
| CBRE GROUP, INC.                     | 12504L109 | 05/21/2025     | Advisory vote to approve named executive officer compensation for 2024.                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         391004 |                0 | For         |                                   391004 | FOR                         |  |
| CLEAN HARBORS, INC.                  | 184496107 | 05/21/2025     | To approve on a non-binding, advisory basis, the compensation of the Company's named executive officers as described in the Company's definitive proxy statement.               | SECTION 14A SAY-ON-PAY VOTES |         356803 |                0 | For         |                                   356803 | FOR                         |  |
| CROWN HOLDINGS, INC.                 | 228368106 | 05/01/2025     | Approval by advisory vote of the resolution on executive compensation as described in the Proxy Statement.                                                                      | SECTION 14A SAY-ON-PAY VOTES |         242640 |                0 | For         |                                   242640 | FOR                         |  |
| DANAHER CORPORATION                  | 235851102 | 05/06/2025     | To approve on an advisory basis the Company's named executive officer compensation.                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         328747 |                0 | For         |                                   328747 | FOR                         |  |
| EQUITABLE HOLDINGS, INC.             | 29452E101 | 05/21/2025     | Advisory vote on the frequency of future advisory votes on executive compensation.                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         600939 |                0 | 1 Year      |                                   600939 | FOR                         |  |
| EQUITABLE HOLDINGS, INC.             | 29452E101 | 05/21/2025     | Advisory vote to approve the compensation paid to our named executive officers.                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         600939 |                0 | For         |                                   600939 | FOR                         |  |
| EQUITABLE HOLDINGS, INC.             | 29452E101 | 05/21/2025     | Amendment and restatement of the Company's 2019 Omnibus Incentive Plan.                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         600939 |                0 | For         |                                   600939 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.      | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                                | SECTION 14A SAY-ON-PAY VOTES |         351474 |                0 | For         |                                   351474 | FOR                         |  |
| JPMORGAN CHASE  CO.                  | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         141906 |                0 | For         |                                   141906 | FOR                         |  |
| MARTIN MARIETTA MATERIALS, INC.      | 573284106 | 05/15/2025     | Approval of the 2025 Employee Stock Purchase Plan.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         139532 |                0 | For         |                                   139532 | FOR                         |  |
| MARTIN MARIETTA MATERIALS, INC.      | 573284106 | 05/15/2025     | Approval, by a non-binding advisory vote, of the compensation of Martin Marietta Materials, Inc.'s named executive officers.                                                    | SECTION 14A SAY-ON-PAY VOTES |         139532 |                0 | For         |                                   139532 | FOR                         |  |
| QUANTA SERVICES, INC.                | 74762E102 | 05/22/2025     | Approval of an amendment to the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan to increase the number of shares of Quanta common stock that may be issued thereunder. | SECTION 14A SAY-ON-PAY VOTES |         207436 |                0 | For         |                                   207436 | FOR                         |  |
| QUANTA SERVICES, INC.                | 74762E102 | 05/22/2025     | Approval, by non-binding advisory vote, of Quanta's executive compensation.                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         207436 |                0 | For         |                                   207436 | FOR                         |  |
| SLM CORPORATION                      | 78442P106 | 06/17/2025     | Advisory approval of SLM Corporation's executive compensation.                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        1143174 |                0 | For         |                                  1143174 | FOR                         |  |
| SLM CORPORATION                      | 78442P106 | 06/17/2025     | Approval of the 2025 Employee Stock Purchase Plan, including the number of shares of Common Stock authorized for issuance under the 2025 Employee Stock Purchase Plan.          | SECTION 14A SAY-ON-PAY VOTES |        1143174 |                0 | For         |                                  1143174 | FOR                         |  |
| THE WILLIAMS COMPANIES, INC.         | 969457100 | 04/29/2025     | Approve, on an Advisory Basis, the Compensation of our Named Executive Officers.                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         966858 |                0 | For         |                                   966858 | FOR                         |  |
| WALKER  DUNLOP, INC.                 | 93148P102 | 05/01/2025     | Advisory resolution to approve executive compensation                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         297397 |                0 | For         |                                   297397 | FOR                         |  |
| WELLTOWER INC.                       | 95040Q104 | 05/22/2025     | The approval of the Amended and Restated Welltower Inc. 2022 Long-Term Incentive Plan.                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         434075 |                0 | For         |                                   434075 | FOR                         |  |
| WELLTOWER INC.                       | 95040Q104 | 05/22/2025     | The approval, on an advisory basis, of the compensation of the named executive officers.                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         434075 |                0 | For         |                                   434075 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** M.D. Sass, LLC

**By (Signature):** Bobby Liu

**By (Printed Signature):** Bobby Liu

**By (Title):** Chief Operating Officer and General Counsel

**Date:** 08/29/2025