# EDGAR Filing Document

**Accession Number:** 0001278678
**File Stem:** 0001278678-25-000009
**Filing Date:** 2025-8
**Character Count:** 62299
**Document Hash:** 4d52e82d831d8710b2f16e54bb7439ba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001278678-25-000009.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0001278678-25-000009

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250811

**EFFECTIVENESS DATE**: 20250811

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC
- **CENTRAL INDEX KEY:** 0001278678

**ORGANIZATION NAME:**
- **EIN:** 382251232
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10694
- **FILM NUMBER:** 251201094

**BUSINESS ADDRESS:**
- **STREET 1:** 40705 WOODWARD AVENUE
- **STREET 2:** STE 150
- **CITY:** BLOOMFIELD HILLS
- **STATE:** MI
- **ZIP:** 48304
- **BUSINESS PHONE:** 2483582282

**MAIL ADDRESS:**
- **STREET 1:** 40705 WOODWARD AVENUE
- **STREET 2:** STE 150
- **CITY:** BLOOMFIELD HILLS
- **STATE:** MI
- **ZIP:** 48304

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

## N-PX: Filer Information

**Filer CIK:** 0001278678

**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:** DEROY  DEVEREAUX PRIVATE INVESTMENT COUNSEL INC

**Address:** 40705 Woodward Avenue, Bloomfield Hills, MI 48304

**Telephone number:** 248-358-3220

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-10694

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| STERIS plc                                  | G8473T100 | 08/01/2024     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed pursuant to the disclosure rules of the U.S. Securities and Exchange Commission, including the compensation discussion and analysis and the tabular and narrative disclosure contained in the Company's proxy statement dated June 12, 2024. | SECTION 14A SAY-ON-PAY VOTES |          15300 |                0 | FOR         | 15300.000000                             | FOR                         |  |
| ALLETE, Inc.                                | 018522300 | 08/21/2024     | To approve, on a nonbinding, advisory basis, the compensation that will or may become payable by the Company to our named executive officers in connection with the Merger; and                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         138065 |                0 | FOR         | 138065.000000                            | FOR                         |  |
| Take-Two Interactive Software, Inc.         | 874054109 | 09/18/2024     | Approval, on a non-binding advisory basis, of the compensation of the Company's "named executive officers" as disclosed in the attached Proxy Statement.                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          28075 |                0 | AGAINST     | 2000.000000                              | AGAINST                     |  |
| Lamb Weston Holdings, Inc.                  | 513272104 | 09/26/2024     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          30600 |                0 | FOR         | 30600.000000                             | FOR                         |  |
| CACI International Inc                      | 127190304 | 10/17/2024     | To approve on a non-binding, advisory basis the compensation of our named executive officers; and                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          29090 |                0 | FOR         | 29090.000000                             | FOR                         |  |
| Synaptics Incorporated                      | 87157D109 | 10/29/2024     | Proposal to approve, on a non-binding advisory basis, the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          70595 |                0 | FOR         | 70595.000000                             | FOR                         |  |
| Lam Research Corporation                    | 512807306 | 11/05/2024     | Advisory vote to approve the compensation of the named executive officers of Lam Research, or "Say on Pay."                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           7185 |                0 | FOR         | 7185.000000                              | FOR                         |  |
| Oracle Corporation                          | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          53350 |                0 | AGAINST     | 53350.000000                             | AGAINST                     |  |
| Cisco Systems, Inc.                         | 17275R102 | 12/09/2024     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |            300 |                0 | FOR         | 300.000000                               | FOR                         |  |
| Microsoft Corporation                       | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          11970 |                0 | FOR         | 11970.000000                             | FOR                         |  |
| AutoZone, Inc.                              | 053332102 | 12/18/2024     | Approval of an advisory vote on the compensation of named executive officers                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           3749 |                0 | FOR         | 3749.000000                              | FOR                         |  |
| Micron Technology, Inc.                     | 595112103 | 01/16/2025     | PROPOSAL BY THE COMPANY TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT.                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          68270 |                0 | FOR         | 68270.000000                             | FOR                         |  |
| Becton, Dickinson and Company               | 075887109 | 01/28/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          38675 |                0 | AGAINST     | 6240.000000                              | AGAINST                     |  |
| 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 |            325 |                0 | FOR         | 325.000000                               | FOR                         |  |
| Emerson Electric Co.                        | 291011104 | 02/04/2025     | Approval, by non-binding advisory vote, of Emerson Electric Co. executive compensation.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           8040 |                0 | FOR         | 8040.000000                              | FOR                         |  |
| Discover Financial Services                 | 254709108 | 02/18/2025     | Approval of, on an advisory (non-binding) basis, the merger related compensation payments that will or may be paid to named executive officers of Discover in connection with the transactions contemplated by the merger agreement.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          72890 |                0 | FOR         | 72890.000000                             | FOR                         |  |
| Raymond James Financial, Inc.               | 754730109 | 02/20/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         122497 |                0 | FOR         | 122497.000000                            | FOR                         |  |
| Sonos, Inc.                                 | 83570H108 | 03/11/2025     | Advisory approval of the named executive officer compensation (the say-on-pay vote).                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         638680 |                0 | AGAINST     | 638680.000000                            | AGAINST                     |  |
| Sonos, Inc.                                 | 83570H108 | 03/11/2025     | Advisory approval of the frequency of future advisory votes on the Company's executive compensation (the say-on-frequency vote).                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         638680 |                0 | ONE YEAR    | 638680.000000                            | FOR                         |  |
| Agilent Technologies, Inc.                  | 00846U101 | 03/13/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          41275 |                0 | FOR         | 41275.000000                             | FOR                         |  |
| Schlumberger N.V.                           | 806857108 | 04/02/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | FOR         | 200.000000                               | FOR                         |  |
| L3Harris Technologies, Inc.                 | 502431109 | 04/18/2025     | Approval, in an Advisory Vote, of the Compensation of Named Executive Officers as Disclosed in the Proxy Statement.                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          18000 |                0 | AGAINST     | 18000.000000                             | AGAINST                     |  |
| Bank of America Corporation                 | 060505583 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           5884 |                0 | AGAINST     | 5884.000000                              | AGAINST                     |  |
| Bank of America Corporation                 | 060505625 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           1500 |                0 | AGAINST     | 1500.000000                              | AGAINST                     |  |
| Reynolds Consumer Products Inc.             | 76171L106 | 04/23/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |            300 |                0 | FOR         | 300.000000                               | FOR                         |  |
| The Cigna Group                             | 125523100 | 04/23/2025     | Advisory approval of executive compensation                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          23430 |                0 | AGAINST     | 3880.000000                              | AGAINST                     |  |
| The PNC Financial Services Group, Inc.      | 693475105 | 04/23/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          38495 |                0 | AGAINST     | 6410.000000                              | AGAINST                     |  |
| AGCO Corporation                            | 001084102 | 04/24/2025     | Non-binding advisory resolution to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          30785 |                0 | AGAINST     | 1250.000000                              | AGAINST                     |  |
| HCA Healthcare, Inc.                        | 40412C101 | 04/24/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          35900 |                0 | FOR         | 35900.000000                             | FOR                         |  |
| Synovus Financial Corp.                     | 87161C501 | 04/24/2025     | To approve, on an advisory basis, the compensation of Synovus' named executive officers as determined by the Compensation and Human Capital Committee.                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          93590 |                0 | FOR         | 93590.000000                             | FOR                         |  |
| International Business Machines Corporation | 459200101 | 04/29/2025     | Advisory Vote on Executive Compensation                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |             75 |                0 | FOR         | 75.000000                                | FOR                         |  |
| Truist Financial Corporation                | 89832Q109 | 04/29/2025     | Advisory vote to approve Truist's executive compensation program.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         168420 |                0 | AGAINST     | 168420.000000                            | AGAINST                     |  |
| VICI Properties Inc.                        | 925652109 | 04/29/2025     | To approve (on a non-binding, advisory basis) the compensation of our named executive officers.                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         159149 |                0 | FOR         | 159149.000000                            | FOR                         |  |
| Carlisle Companies Incorporated             | 142339100 | 04/30/2025     | To approve, on an advisory basis, the Company's named executive officer compensation in 2024.                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          38725 |                0 | AGAINST     | 4750.000000                              | AGAINST                     |  |
| NorthWestern Energy Group, Inc.             | 668074305 | 04/30/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          51095 |                0 | FOR         | 51095.000000                             | FOR                         |  |
| The Coca-Cola Company                       | 191216100 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            175 |                0 | FOR         | 175.000000                               | 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 |          41180 |                0 | FOR         | 41180.000000                             | FOR                         |  |
| Murphy USA Inc.                             | 626755102 | 05/01/2025     | Approval of Executive Compensation on an Advisory, Non-Binding Basis.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           6680 |                0 | FOR         | 6680.000000                              | FOR                         |  |
| Olin Corporation                            | 680665205 | 05/01/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          49290 |                0 | FOR         | 49290.000000                             | FOR                         |  |
| RTX Corporation                             | 75513E101 | 05/01/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          50899 |                0 | FOR         | 50899.000000                             | FOR                         |  |
| Atlantic Union Bankshares Corporation       | 04911A107 | 05/06/2025     | To approve the compensation of our named executive officers (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          82150 |                0 | FOR         | 82150.000000                             | FOR                         |  |
| DT Midstream, Inc.                          | 23345M107 | 05/06/2025     | To approve, on an advisory (non-binding) basis, the compensation of the Company's Named Executive Officers;                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         129524 |                0 | FOR         | 129524.000000                            | FOR                         |  |
| Pentair plc                                 | G7S00T104 | 05/06/2025     | To approve, by nonbinding, advisory vote, the compensation of the named executive officers.                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         150605 |                0 | FOR         | 150605.000000                            | FOR                         |  |
| Brunswick Corporation                       | 117043109 | 05/07/2025     | Advisory vote to approve the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         101183 |            10757 | FOR         | 101183.000000                            | FOR                         |  |
| General Dynamics Corporation                | 369550108 | 05/07/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |             60 |                0 | FOR         | 60.000000                                | FOR                         |  |
| LKQ Corporation                             | 501889208 | 05/07/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         290230 |                0 | FOR         | 290230.000000                            | FOR                         |  |
| PepsiCo, Inc.                               | 713448108 | 05/07/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          35895 |                0 | AGAINST     | 5790.000000                              | AGAINST                     |  |
| Alaska Air Group, Inc.                      | 011659109 | 05/08/2025     | Approval (on an advisory basis) the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          73325 |                0 | AGAINST     | 4450.000000                              | AGAINST                     |  |
| Ryman Hospitality Properties, Inc.          | 78377T107 | 05/08/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          69685 |            14900 | FOR         | 69685.000000                             | FOR                         |  |
| AbbVie Inc.                                 | 00287Y109 | 05/09/2025     | Say on Pay - An advisory vote on the approval of executive compensation                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |             75 |                0 | FOR         | 75.000000                                | FOR                         |  |
| Colgate-Palmolive Company                   | 194162103 | 05/09/2025     | Advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            125 |                0 | FOR         | 125.000000                               | FOR                         |  |
| Masco Corporation                           | 574599106 | 05/09/2025     | To approve, by non-binding advisory vote, the compensation paid to the Company's named executive officers, as disclosed pursuant to the compensation disclosure rules of the SEC, including the Compensation Discussion and Analysis, the compensation tables and the related materials disclosed in the Proxy Statement.                                         | SECTION 14A SAY-ON-PAY VOTES |         162620 |                0 | FOR         | 162620.000000                            | FOR                         |  |
| Teradyne, Inc.                              | 880770102 | 05/09/2025     | To approve, on a non-binding, advisory basis, the 2024 compensation of the Company's named executive officers.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          79490 |                0 | FOR         | 79490.000000                             | FOR                         |  |
| The Progressive Corporation                 | 743315103 | 05/09/2025     | Cast an advisory vote to approve our executive compensation program;                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          26910 |                0 | AGAINST     | 4420.000000                              | AGAINST                     |  |
| Weyerhaeuser Company                        | 962166104 | 05/09/2025     | Approval, on an advisory basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            300 |                0 | FOR         | 300.000000                               | FOR                         |  |
| ALLETE, Inc.                                | 018522300 | 05/13/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         144430 |                0 | FOR         | 144430.000000                            | FOR                         |  |
| Carriage Services, Inc.                     | 143905107 | 05/13/2025     | To approve on an advisory basis our 2024 Named Executive Officers' compensation.                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          71700 |                0 | FOR         | 71700.000000                             | FOR                         |  |
| TXNM Energy, Inc.                           | 69349H107 | 05/13/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         183755 |                0 | FOR         | 183755.000000                            | FOR                         |  |
| Waste Management, Inc.                      | 94106L109 | 05/13/2025     | Approval, on an advisory basis, of our executive compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          27925 |                0 | FOR         | 27925.000000                             | FOR                         |  |
| Fiserv, Inc.                                | 337738108 | 05/14/2025     | To approve, on an advisory basis, the compensation of the named executive officers of Fiserv, Inc.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          66835 |                0 | AGAINST     | 11300.000000                             | AGAINST                     |  |
| HF Sinclair Corporation                     | 403949100 | 05/14/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          56795 |                0 | FOR         | 56795.000000                             | FOR                         |  |
| AT Inc.                                     | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         232820 |                0 | AGAINST     | 39120.000000                             | AGAINST                     |  |
| Chubb Limited                               | H1467J104 | 05/15/2025     | Advisory vote to approve executive compensation under U.S. securities law requirements                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          36215 |                0 | AGAINST     | 6010.000000                              | AGAINST                     |  |
| CVS Health Corporation                      | 126650100 | 05/15/2025     | Say on Pay, a Proposal to Approve, on an Advisory Basis, the Company's Executive Compensation.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         109465 |                0 | AGAINST     | 109465.000000                            | AGAINST                     |  |
| JBT Marel Corporation                       | 477839104 | 05/15/2025     | Approve, on an advisory basis, a non-binding resolution regarding the compensation of the company's named executive officers.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          75407 |            17240 | FOR         | 75407.000000                             | FOR                         |  |
| Morgan Stanley                              | 617446448 | 05/15/2025     | To approve the compensation of executives as disclosed in the proxy statement (non-binding advisory vote)                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          93790 |                0 | FOR         | 93790.000000                             | FOR                         |  |
| Willis Towers Watson Public Limited Company | G96629103 | 05/15/2025     | Approve, on an advisory basis, the named executive officer compensation.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          25720 |                0 | FOR         | 25720.000000                             | FOR                         |  |
| Comfort Systems USA, Inc.                   | 199908104 | 05/16/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           8515 |                0 | FOR         | 8515.000000                              | FOR                         |  |
| Apple Hospitality REIT, Inc.                | 03784Y200 | 05/19/2025     | Approval on an advisory basis of executive compensation paid by the Company.                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         144927 |                0 | FOR         | 144927.000000                            | FOR                         |  |
| JPMorgan Chase  Co.                         | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          52330 |                0 | AGAINST     | 8530.000000                              | AGAINST                     |  |
| Viper Energy, Inc.                          | 927959106 | 05/20/2025     | The approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          75745 |                0 | AGAINST     | 75745.000000                             | AGAINST                     |  |
| Vishay Intertechnology, Inc.                | 928298108 | 05/20/2025     | The advisory approval of the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         446653 |            11232 | FOR         | 446653.000000                            | FOR                         |  |
| Vishay Intertechnology, Inc.                | 928298108 | 05/20/2025     | Frequency of advisory vote on the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         446653 |            11232 | ONE YEAR    | 446653.000000                            | FOR                         |  |
| Mondelez International, Inc.                | 609207105 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          57740 |                0 | AGAINST     | 9690.000000                              | AGAINST                     |  |
| Permian Resources Corporation               | 71424F105 | 05/21/2025     | To approve, by a non-binding advisory vote, the Company's named executive officer compensation.                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         174920 |                0 | FOR         | 174920.000000                            | FOR                         |  |
| Phillips 66                                 | 718546104 | 05/21/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| Phillips 66                                 | 718546104 | 05/21/2025     | Advisory Approval of Frequency of Future Advisory Approvals of Executive Compensation                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| Phillips 66                                 | 718546104 | 05/21/2025     | The Company's proposal to approve, on an advisory basis, the Company's named executive officer compensation.                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         | 100.000000                               | NONE                        |  |
| Phillips 66                                 | 718546104 | 05/21/2025     | The Company's proposal to approve, on an advisory basis, the frequency of future shareholder advisory votes to approve executive compensation.                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | ONE YEAR    | 100.000000                               | NONE                        |  |
| Reliance, Inc.                              | 759509102 | 05/21/2025     | To consider a non-binding, advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          60380 |                0 | FOR         | 60380.000000                             | FOR                         |  |
| Webster Financial Corporation               | 947890109 | 05/21/2025     | To approve, on a non-binding, advisory basis, the compensation of the named executive officers of Webster.                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         202065 |                0 | FOR         | 202065.000000                            | FOR                         |  |
| Henry Schein, Inc.                          | 806407102 | 05/22/2025     | Proposal to approve, by non-binding vote, the 2024 compensation paid to the Company's Named Executive Officers.                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          43160 |                0 | FOR         | 43160.000000                             | FOR                         |  |
| Kenvue Inc.                                 | 49177J102 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of Kenvue Inc.'s named executive officers.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            500 |                0 | FOR         | 500.000000                               | FOR                         |  |
| Pursuit Attractions and Hospitality, Inc.   | 92552R406 | 05/22/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         102930 |                0 | FOR         | 102930.000000                            | FOR                         |  |
| Waters Corporation                          | 941848103 | 05/22/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's executive officers; and                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           8665 |                0 | FOR         | 8665.000000                              | 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 |             75 |                0 | FOR         | 75.000000                                | FOR                         |  |
| Chevron Corporation                         | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          58289 |                0 | AGAINST     | 9680.000000                              | AGAINST                     |  |
| Exxon Mobil Corporation                     | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          84165 |                0 | AGAINST     | 13880.000000                             | AGAINST                     |  |
| Howmet Aerospace Inc.                       | 443201108 | 05/28/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          60660 |                0 | FOR         | 60660.000000                             | FOR                         |  |
| Compass Diversified Holdings                | 20451Q104 | 05/29/2025     | To approve, on a non-binding and advisory basis, the resolution approving the compensation of our named executive officers as disclosed in the Proxy Statement ("Say-on-Pay Vote").                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |            600 |                0 | FOR         | 600.000000                               | FOR                         |  |
| The Allstate Corporation                    | 020002101 | 05/29/2025     | Advisory vote to approve the compensation of the named executives.                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          28435 |                0 | FOR         | 28435.000000                             | 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 |          73990 |                0 | AGAINST     | 73990.000000                             | AGAINST                     |  |
| Zimmer Biomet Holdings, Inc.                | 98956P102 | 05/29/2025     | Approve, on a non-binding advisory basis, named executive officer compensation ("Say on Pay").                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          63850 |                0 | FOR         | 63850.000000                             | FOR                         |  |
| OUTFRONT Media Inc.                         | 69007J304 | 06/03/2025     | Approval, on a non-binding advisory basis, of the compensation of OUTFRONT Media Inc.'s named executive officers, as disclosed in the Proxy Statement.                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         172244 |                0 | FOR         | 172244.000000                            | FOR                         |  |
| Evercore Inc.                               | 29977A105 | 06/11/2025     | To approve, on an advisory basis, the executive compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          28110 |                0 | AGAINST     | 1660.000000                              | AGAINST                     |  |
| Gaming and Leisure Properties, Inc.         | 36467J108 | 06/12/2025     | To approve, on a non-binding advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          59450 |                0 | AGAINST     | 3730.000000                              | AGAINST                     |  |
| United Parks  Resorts Inc.                  | 81282V100 | 06/13/2025     | Approval, in a non-binding advisory vote, of the compensation paid to the named executive officers.                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         178595 |            37860 | FOR         | 178595.000000                            | FOR                         |  |
| Match Group, Inc.                           | 57667L107 | 06/18/2025     | To approve a non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          64310 |                0 | FOR         | 64310.000000                             | FOR                         |  |
| Delta Air Lines, Inc.                       | 247361702 | 06/19/2025     | To approve, on an advisory basis, the compensation of Delta's named executive officers.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         153295 |                0 | AGAINST     | 25300.000000                             | AGAINST                     |  |
| Dell Technologies Inc.                      | 24703L202 | 06/26/2025     | Approval, on an advisory basis, of the compensation of Dell Technologies Inc.'s named executive officers as disclosed in the proxy statement                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          81185 |                0 | FOR         | 81185.000000                             | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** DEROY  DEVEREAUX PRIVATE INVESTMENT COUNSEL INC

**By (Signature):** Mary Beth Grabel

**By (Printed Signature):** Mary Beth Grabel

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

**Date:** 08/08/2025