# EDGAR Filing Document

**Accession Number:** 0001086762
**File Stem:** 0000919574-25-005414
**Filing Date:** 2025-8
**Character Count:** 13655
**Document Hash:** da4a1af94266d423deea8c141f3e7383
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-005414.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0000919574-25-005414

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COBALT CAPITAL MANAGEMENT, INC.
- **CENTRAL INDEX KEY:** 0001086762

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04967
- **FILM NUMBER:** 251281462

**BUSINESS ADDRESS:**
- **STREET 1:** 636 MORRIS TURNPIKE
- **STREET 2:** SUITE 3B
- **CITY:** SHORT HILLS
- **STATE:** NJ
- **ZIP:** 07078
- **BUSINESS PHONE:** 212-808-3756

**MAIL ADDRESS:**
- **STREET 1:** 636 MORRIS TURNPIKE
- **STREET 2:** SUITE 3B
- **CITY:** SHORT HILLS
- **STATE:** NJ
- **ZIP:** 07078

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COBALT CAPITAL MANAGEMENT INC
- **DATE OF NAME CHANGE:** 19990622

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

## N-PX: Filer Information

**Filer CIK:** 0001086762

**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:** COBALT CAPITAL MANAGEMENT, INC.

**Address:** 636 MORRIS TURNPIKE, SHORT HILLS, NJ 07078

**Telephone number:** 212-808-3756

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-04967

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| EQT Corp.                              | 26884L109 | 07/18/2024     | 2. Approval, on an advisory (non-binding) basis, of the compensation that may be paid or become payable to the Company's named executive officers in connection with the Merger                                         | SECTION 14A SAY-ON-PAY VOTES |         125000 |                0 | FOR         |                                   125000 | FOR                         |  |
| Diamond Offshore Drilling, Inc.        | 25271C201 | 08/27/2024     | 2. To vote on an advisory, non-binding proposal to approve the compensation that may be paid or become payable to Diamond Offshore's named executive officers that is based on or otherwise related to the transactions | SECTION 14A SAY-ON-PAY VOTES |         130000 |                0 | FOR         |                                   130000 | FOR                         |  |
| Seagate Technology Holdings PLC        | G7997R103 | 10/19/2024     | 2. Approve, in an Advisory, Non-binding Vote, the Compensation of the Company's Named Executive Officers                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          60000 |                0 | FOR         |                                    60000 | FOR                         |  |
| Helmerich  Payne, Inc.                 | 423452101 | 03/05/2025     | 3. Advisory vote on executive compensation.                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         140000 |                0 | FOR         |                                   140000 | FOR                         |  |
| Toll Brothers, Inc.                    | 889478103 | 03/11/2025     | 3. The approval, In an advisory and non-biding vote, of the compensation of the Company's named exective officers.                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         100000 |                0 | FOR         |                                   100000 | FOR                         |  |
| Lithia Motors, Inc.                    | 536797103 | 04/24/2025     | 2. To approve, by an advisory vote, named executive officer compensation.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          23000 |                0 | FOR         |                                    23000 | FOR                         |  |
| Vistra Corp.                           | 92840M102 | 04/30/2025     | 2. To approve, on a non-binding advisory basis, the 2024 compensation of the Company's named executive officers;                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         175000 |                0 | FOR         |                                   175000 | FOR                         |  |
| Air Lease Corp.                        | 00912X302 | 05/02/2025     | 3. Advisory vote to approve named executive officer compensation                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         676000 |                0 | FOR         |                                   676000 | FOR                         |  |
| MGM Resorts International              | 552953101 | 05/07/2025     | 3. To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         120000 |                0 | FOR         |                                   120000 | FOR                         |  |
| Capital One Financial Corp.            | 14040H105 | 05/08/2025     | 2. Advisory vote on our Named Executive Officer compensation ("Say on Pay")                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          55000 |                0 | FOR         |                                    55000 | FOR                         |  |
| Avis Budget Group, Inc.                | 053774105 | 05/14/2025     | 3. Advisory approval of the compensation of our named executive officers.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |          25000 |                0 | FOR         |                                    25000 | FOR                         |  |
| Hess Corp.                             | 42809H107 | 05/14/2025     | 2. Advisory approval of the compensation of our named executive officers.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         100000 |                0 | FOR         |                                   100000 | FOR                         |  |
| CVS Health Corp.                       | 126650100 | 05/15/2025     | 3. Say on Pay; a Proposal to Approve, on an Advisory Basis, the Company's Executive Compensation.                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          10000 |                0 | FOR         |                                    10000 | FOR                         |  |
| Bausch  Lomb Corp.                     | 071705107 | 05/21/2025     | 2. The approval, in an advisory vote, of the compensation of our Named Executive Officers.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          30000 |                0 | FOR         |                                    30000 | FOR                         |  |
| Permian Resources Corp.                | 71424F105 | 05/21/2025     | 2. To approve, by a non-binding advisory vote, the Company's named executive officer compensation                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         100000 |                0 | FOR         |                                   100000 | FOR                         |  |
| United Airlines Holdings, Inc.         | 910047109 | 05/21/2025     | 3. A vote to approve, on a nonbinding advisory basis, the compensation of our named executive officers.                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         200000 |                0 | FOR         |                                   200000 | FOR                         |  |
| Builders Firstsource, Inc.             | 12008R107 | 05/27/2025     | 2. An advisory vote on the compensation of the named executive officers                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          15000 |                0 | FOR         |                                    15000 | FOR                         |  |
| Teva Pharmaceutical Industries Limited | 881624209 | 06/05/2025     | 2. To approve, on a non-binding advisory basis, the compensation for Teva's Named Executive Officers                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| Teva Pharmaceutical Industries Limited | 881624209 | 06/05/2025     | 3. To approve an amended compensation policy with respect to the terms of office and employment of Teva's Executive Officers and Directors                                                                              | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| Teva Pharmaceutical Industries Limited | 881624209 | 06/05/2025     | 4. To approve an amendment to the terms of office and employment of Teva's Presidnet and Chief Executive Office                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| Teva Pharmaceutical Industries Limited | 881624209 | 06/05/2025     | 5.an amendment to Teva's Director Compensation                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| Teva Pharmaceutical Industries Limited | 881624209 | 06/05/2025     | (a) to approve the compensation to be provided to Teva's non-employee directors                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |
| Teva Pharmaceutical Industries Limited | 881624209 | 06/05/2025     | (b) to approve the compensationto be provided ot Teva's non-executive chairman of the board                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          20000 |                0 | FOR         |                                    20000 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** COBALT CAPITAL MANAGEMENT, INC.

**By (Signature):** Wayne Cooperman

**By (Printed Signature):** Wayne Cooperman

**By (Title):** Managing Member of the General Partner

**Date:** 08/29/2025