# EDGAR Filing Document

**Accession Number:** 0001525362
**File Stem:** 0001214659-25-013037
**Filing Date:** 2025-8
**Character Count:** 12029
**Document Hash:** eec0e7b1e1914a4468ebe32d81b67b3b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-25-013037.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001214659-25-013037

**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:** HG Vora Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001525362

**ORGANIZATION NAME:**
- **EIN:** 300977044
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16038
- **FILM NUMBER:** 251278053

**BUSINESS ADDRESS:**
- **STREET 1:** 330 MADISON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (212) 707-4300

**MAIL ADDRESS:**
- **STREET 1:** 330 MADISON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

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

## N-PX: Filer Information

**Filer CIK:** 0001525362

**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:** HG Vora Capital Management, LLC

**Address:** 330 MADISON AVENUE, NEW YORK, NY 10017

**Telephone number:** 212-707-4300

**Name of agent for service:** Cogency Global Inc.

**Agent Address:** 850 New Burton Road, Suite 201, Dover, DE 19904

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

**SEC File Number:** 028-16038

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 5493008QN607QS5J3C42

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Enviri Corp                 | 415864107 | 04/24/2025     | Vote, on an advisory basis, to approve named executive officer compensation.                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        3051015 |            73985 | For         |                                  3051015 | FOR                         |  |
| Enviri Corp                 | 415864107 | 04/24/2025     | Vote on Amendment No. 5 to the 2013 Equity and Incentive Compensation Plan.                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |        3051015 |            73985 | For         |                                  3051015 | FOR                         |  |
| Enviri Corp                 | 415864107 | 04/24/2025     | Vote on Amendment No. 3 to the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan.                                                                                     | SECTION 14A SAY-ON-PAY VOTES |        3051015 |            73985 | For         |                                  3051015 | FOR                         |  |
| Ryder System Inc            | 783549108 | 05/02/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         750000 |                0 | For         |                                   750000 | FOR                         |  |
| Boyd Gaming Corp            | 103304101 | 05/08/2025     | Advisory vote on executive compensation.                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1343483 |             6517 | For         |                                  1343483 | FOR                         |  |
| Playa Hotels  Resorts       | N70544106 | 04/17/2025     | Non-binding advisory vote to approve the compensation that will or may become payable by the Company to its named executive officers in connection with the completion of the Offer | SECTION 14A SAY-ON-PAY VOTES |        7500000 |                0 | For         |                                  7500000 | FOR                         |  |
| Papa John's Intl            | 698813102 | 05/01/2025     | Advisory approval of the Company's executive compensation.                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         660000 |                0 | For         |                                   660000 | FOR                         |  |
| MGM Resorts International   | 552953101 | 05/07/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        2675000 |                0 | For         |                                  2675000 | FOR                         |  |
| Clarivate Plc               | G21810109 | 05/07/2025     | APPROVAL, ON AN ADVISORY, NON-BINDING BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                                   | SECTION 14A SAY-ON-PAY VOTES |       11550000 |                0 | For         |                                 11550000 | FOR                         |  |
| Clarivate Plc               | G21810109 | 05/07/2025     | APPROVAL OF THE CLARIVATE PLC AMENDED AND RESTATED 2019 INCENTIVE AWARD PLAN.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |       11550000 |                0 | For         |                                 11550000 | FOR                         |  |
| First American Financial    | 31847R102 | 05/13/2025     | Advisory vote to approve executive compensation.                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        2748540 |            38460 | Abstain     |                                  2748540 | FOR                         |  |
| First American Financial    | 31847R102 | 05/13/2025     | To approve an amendment and restatement of the 2020 Incentive Compensation Plan.                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        2748540 |            38460 | Abstain     |                                  2748540 | FOR                         |  |
| Driven Brands Holdings Inc  | 26210V102 | 05/20/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        6650000 |                0 | For         |                                  6650000 | FOR                         |  |
| Ecovyst Inc                 | 27923Q109 | 05/08/2025     | To approve, on an advisory basis, the compensation paid by Ecovyst Inc. to its named executive officers.                                                                            | SECTION 14A SAY-ON-PAY VOTES |         250000 |                0 | For         |                                   250000 | FOR                         |  |
| Willscot Holdings Corp      | 971378104 | 06/06/2025     | To approve, on an advisory and non-binding basis, the compensation of the named executive officers of WillScot Holdings Corporation.                                                | SECTION 14A SAY-ON-PAY VOTES |        1475000 |                0 | Abstain     |                                  1475000 | FOR                         |  |
| Caesar's Entertainment Corp | 12769G100 | 06/10/2025     | COMPANY PROPOSAL: ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |        4000000 |                0 | For         |                                  4000000 | FOR                         |  |
| Altice USA Inc-A            | 02156K103 | 06/11/2025     | To approve, in an advisory vote, the compensation of the Company's named executive officers.                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        4700000 |                0 | For         |                                  4700000 | FOR                         |  |
| 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 |        1575000 |                0 | For         |                                  1575000 | FOR                         |  |
| United Parks  Resorts Inc   | 81282V100 | 06/13/2025     | Approval of the United Parks  Resorts Inc., 2025 Omnibus Incentive Plan.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1575000 |                0 | For         |                                  1575000 | FOR                         |  |
| United Parks  Resorts Inc   | 81282V100 | 06/13/2025     | Approval of the director compensation limit set forth in the United Parks  Resorts Inc. 2025 Omnibus Incentive Plan.                                                                | SECTION 14A SAY-ON-PAY VOTES |        1575000 |                0 | For         |                                  1575000 | FOR                         |  |
| PENN Entertainment Inc      | 707569109 | 06/17/2025     | Approval, on an advisory basis, of the compensation paid to the Company's named executive officers.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        7250000 |                0 | Against     |                                  7250000 | FOR                         |  |
| PENN Entertainment Inc      | 707569109 | 06/17/2025     | Approval of the second amendment to our 2022 Long-Term Incentive Compensation Plan.                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        7250000 |                0 | Against     |                                  7250000 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** HG Vora Capital Management, LLC

**By (Signature):** Philip Garthe

**By (Printed Signature):** Philip Garthe

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

**Date:** 08/29/2025