# EDGAR Filing Document

**Accession Number:** 0001023875
**File Stem:** 0001021408-25-002233
**Filing Date:** 2025-8
**Character Count:** 109033
**Document Hash:** 534809fb6d49e40185e4953d6bad3c9c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001021408-25-002233.hdr.sgml**: 20250819

**ACCESSION NUMBER**: 0001021408-25-002233

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250819

**DATE AS OF CHANGE**: 20250819

**EFFECTIVENESS DATE**: 20250819

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN MUTUAL ADVISERS LLC
- **CENTRAL INDEX KEY:** 0001023875

**ORGANIZATION NAME:**
- **EIN:** 223463202
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06154
- **FILM NUMBER:** 251230494

**BUSINESS ADDRESS:**
- **STREET 1:** 101 JOHN F KENNEDY PARKWAY
- **CITY:** SHORT HILLS
- **STATE:** NJ
- **ZIP:** 07078
- **BUSINESS PHONE:** 9739122088

**MAIL ADDRESS:**
- **STREET 1:** 101 JOHN F KENNEDY PARKWAY
- **CITY:** SHORT HILLS
- **STATE:** NJ
- **ZIP:** 07078

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN MUTUAL ADVISERS INC
- **DATE OF NAME CHANGE:** 19960928

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

## N-PX: Filer Information

**Filer CIK:** 0001023875

**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:** FRANKLIN MUTUAL ADVISERS LLC

**Address:** 101 John F. Kennedy Parkway, Short Hills, NJ 07078

**Telephone number:** 8006322350

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-06154

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Anika Therapeutics, Inc.                  | 035255108 | 07/09/2024     | Advisory vote on the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 129315           |                0 | FOR         |                         129315           | FOR                         |  |
| McGrath RentCorp                          | 580589109 | 07/11/2024     | To approve a non-binding, advisory proposal to approve compensation that will or may become payable by McGrath RentCorp to its named executive officers in connection with the Merger Proposal (the "Merger-Related Compensation Proposal").                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 529136           |                0 | FOR         |                         529136           | FOR                         |  |
| Columbus McKinnon Corporation             | 199333105 | 07/22/2024     | To approve, on a non-binding, advisory basis, the compensation of our Named Executive Officers;                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      2.01745e+06 |                0 | FOR         |                              2.01745e+06 | FOR                         |  |
| Flex Ltd.                                 | Y2573F102 | 08/08/2024     | NON-BINDING, ADVISORY RESOLUTION. To approve the compensation of the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, set forth in "Compensation Discussion and Analysis" and in the compensation tables and the accompanying narrative disclosure under "Executive Compensation" in the Company's proxy statement relating to its 2024 Annual General Meeting. | SECTION 14A SAY-ON-PAY VOTES |      3.79521e+06 |                0 | FOR         |                              3.79521e+06 | FOR                         |  |
| Stericycle, Inc.                          | 858912108 | 08/14/2024     | To approve on a non-binding, advisory basis, certain compensation that will or may become payable to Stericycle, Inc.'s named executive officers in connection with the transactions contemplated by the Merger Agreement.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 226165           |                0 | FOR         |                         226165           | FOR                         |  |
| Graham Corporation                        | 384556106 | 08/20/2024     | To approve, on an advisory basis, the compensation of our named executive officers                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 136385           |                0 | FOR         |                         136385           | FOR                         |  |
| America's Car-Mart, Inc.                  | 03062T105 | 08/27/2024     | To approve an advisory resolution regarding the Company's compensation of its named executive officers.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  40474           |                0 | FOR         |                          40474           | FOR                         |  |
| Capri Holdings Limited                    | G1890L107 | 09/04/2024     | To approve, on a non-binding advisory basis, executive compensation.                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.95464e+06 |                0 | AGAINST     |                              1.95464e+06 | AGAINST                     |  |
| Gen Digital Inc.                          | 668771108 | 09/10/2024     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      8.24324e+06 |                0 | FOR         |                              8.24324e+06 | FOR                         |  |
| Medtronic Plc                             | G5960L103 | 10/17/2024     | Approving, on an advisory basis, the Company's executive compensation;                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      6.59655e+06 |                0 | FOR         |                              6.59655e+06 | FOR                         |  |
| Parker-Hannifin Corporation               | 701094104 | 10/23/2024     | Approval of, on a non-binding, advisory basis, the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 366766           |                0 | FOR         |                         366766           | FOR                         |  |
| Southern Missouri Bancorp, Inc.           | 843380106 | 10/28/2024     | Advisory (non-binding) vote on executive compensation as disclosed in the proxy statement.                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  65984           |                0 | FOR         |                          65984           | FOR                         |  |
| Southern Missouri Bancorp, Inc.           | 843380106 | 10/28/2024     | The advisory (non-binding) vote as to whether future advisory votes on executive compensation should be held every year, every two years or every three years.                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  65984           |                0 | ONE YEAR    |                          65984           | FOR                         |  |
| QuinStreet, Inc.                          | 74874Q100 | 10/31/2024     | Approval, by advisory vote, of the compensation awarded to QuinStreet, Inc.'s named executive officers as disclosed in the proxy statement.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 185557           |                0 | FOR         |                         185557           | FOR                         |  |
| Matrix Service Company                    | 576853105 | 11/05/2024     | Advisory vote on named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 265154           |                0 | FOR         |                         265154           | FOR                         |  |
| Brinker International, Inc.               | 109641100 | 11/06/2024     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      1.87355e+06 |                0 | FOR         |                              1.87355e+06 | FOR                         |  |
| Coherent Corp.                            | 19247G107 | 11/14/2024     | Non-binding advisory vote to approve compensation paid to named executive officers in fiscal year 2024.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 340515           |                0 | AGAINST     |                         340515           | AGAINST                     |  |
| Oracle Corporation                        | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 675649           |                0 | AGAINST     |                         675649           | AGAINST                     |  |
| Northeast Bank                            | 66405S100 | 11/19/2024     | To approve, on an advisory, non-binding basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  48577           |                0 | FOR         |                          48577           | FOR                         |  |
| Lumentum Holdings Inc.                    | 55024U109 | 11/20/2024     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 370072           |                0 | FOR         |                         370072           | FOR                         |  |
| Ferguson Enterprises Inc.                 | 31488V107 | 12/05/2024     | To approve, on an advisory basis, the fiscal 2024 compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      2.01252e+06 |                0 | FOR         |                              2.01252e+06 | FOR                         |  |
| Ferguson Enterprises Inc.                 | 31488V107 | 12/05/2024     | To approve, on an advisory basis, the frequency of future shareholder advisory votes to approve the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      2.01252e+06 |                0 | ONE YEAR    |                              2.01252e+06 | FOR                         |  |
| Cisco Systems, Inc.                       | 17275R102 | 12/09/2024     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      3.0115e+06  |                0 | FOR         |                              3.0115e+06  | FOR                         |  |
| Premier Financial Corp.                   | 74052F108 | 12/11/2024     | To approve, in a non-binding advisory vote, the compensation payable to the named executive officers of Premier Financial in connection with the Merger.                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 125678           |                0 | FOR         |                         125678           | FOR                         |  |
| McGrath RentCorp                          | 580589109 | 12/12/2024     | To approve, in a non-binding vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 914336           |                0 | FOR         |                         914336           | FOR                         |  |
| Commercial Metals Company                 | 201723103 | 01/15/2025     | The approval, on an advisory basis, of the compensation of our named executive officers                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.23415e+06 |                0 | FOR         |                              1.23415e+06 | FOR                         |  |
| D.R. Horton, Inc.                         | 23331A109 | 01/16/2025     | Approval of the advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      1.70946e+06 |                0 | FOR         |                              1.70946e+06 | FOR                         |  |
| Ashland Inc.                              | 044186104 | 01/21/2025     | Approval of the non-binding advisory resolution approving the compensation paid to Ashland's named executive officers.                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  47780           |                0 | FOR         |                          47780           | FOR                         |  |
| Vestis Corporation                        | 29430C102 | 01/27/2025     | To approve, in a non-binding advisory vote, named executive officer compensation for fiscal 2024.                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 605882           |                0 | FOR         |                         605882           | FOR                         |  |
| Vestis Corporation                        | 29430C102 | 01/27/2025     | To approve, in a non-binding advisory vote, the frequency of future advisory votes to approve named executive officer compensation.                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 605882           |                0 | ONE YEAR    |                         605882           | FOR                         |  |
| Sandy Spring Bancorp, Inc.                | 800363103 | 02/05/2025     | Sandy Spring compensation proposal: Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Sandy Spring's named executive officers that is based on or otherwise relates to the merger; and                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      1.2884e+06  |                0 | FOR         |                              1.2884e+06  | FOR                         |  |
| Mueller Water Products, Inc.              | 624758108 | 02/06/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      5.57042e+06 |                0 | FOR         |                              5.57042e+06 | FOR                         |  |
| Cencora, Inc.                             | 03073E105 | 03/06/2025     | Advisory vote to approve the fiscal 2024 compensation of Cencora, Inc.'s named executive officers.                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  55334           |                0 | FOR         |                          55334           | FOR                         |  |
| Sanmina Corporation                       | 801056102 | 03/10/2025     | To approve, on an advisory (non-binding) basis, the compensation of Sanmina Corporation's named executive officers.                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      1.38609e+06 |                0 | FOR         |                              1.38609e+06 | FOR                         |  |
| Johnson Controls International plc        | G51502105 | 03/12/2025     | To approve, in a non-binding advisory vote, the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      5.243e+06   |                0 | FOR         |                              5.243e+06   | FOR                         |  |
| The Walt Disney Company                   | 254687106 | 03/20/2025     | Consideration of an advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      3.76781e+06 |                0 | FOR         |                              3.76781e+06 | FOR                         |  |
| Schlumberger N.V.                         | 806857108 | 04/02/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      1.18082e+07 |                0 | FOR         |                              1.18082e+07 | FOR                         |  |
| Liberty Energy Inc.                       | 53115L104 | 04/15/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      2.98352e+06 |                0 | FOR         |                              2.98352e+06 | FOR                         |  |
| Liberty Energy Inc.                       | 53115L104 | 04/15/2025     | Advisory vote to determine the frequency of future advisory votes to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      2.98352e+06 |                0 | ONE YEAR    |                              2.98352e+06 | FOR                         |  |
| Humana Inc.                               | 444859102 | 04/17/2025     | Non-binding advisory vote for the approval of the compensation of the named executive officers as disclosed in the 2025 proxy statement.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  35318           |                0 | FOR         |                          35318           | FOR                         |  |
| Ryerson Holding Corporation               | 783754104 | 04/17/2025     | The adoption, on a non-binding, advisory basis, of a resolution approving the compensation of our named executive officers described under the heading Executive Compensation in our proxy statement ("say-on-pay" vote);                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      1.91147e+06 |                0 | FOR         |                              1.91147e+06 | FOR                         |  |
| Alexander  Baldwin, Inc.                  | 014491104 | 04/22/2025     | Approve the advisory resolution relating to executive compensation                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      2.12443e+06 |                0 | FOR         |                              2.12443e+06 | FOR                         |  |
| Alexander  Baldwin, Inc.                  | 014491104 | 04/22/2025     | Approve the advisory vote on the frequency of the future advisory votes on executive compensation                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      2.12443e+06 |                0 | ONE YEAR    |                              2.12443e+06 | FOR                         |  |
| Bank of America Corporation               | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      9.22967e+06 |                0 | AGAINST     |                              9.22967e+06 | AGAINST                     |  |
| Washington Trust Bancorp, Inc.            | 940610108 | 04/22/2025     | A non-binding advisory resolution to approve the compensation of the Corporation's named executive officers.                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 158274           |                0 | FOR         |                         158274           | FOR                         |  |
| Aptiv PLC                                 | G3265R107 | 04/23/2025     | Say-on-Pay To approve, by advisory vote, executive compensation.                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      3.91452e+06 |                0 | FOR         |                              3.91452e+06 | FOR                         |  |
| Black Hills Corporation                   | 092113109 | 04/23/2025     | Advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 428821           |                0 | FOR         |                         428821           | FOR                         |  |
| Brixmor Property Group Inc.               | 11120U105 | 04/23/2025     | To approve, on a non-binding advisory basis, the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      8.78086e+06 |                0 | FOR         |                              8.78086e+06 | FOR                         |  |
| SouthState Corporation                    | 840441109 | 04/23/2025     | Approval, as an advisory, non-binding "say on pay" resolution, of our executive compensation;                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.29046e+06 |                0 | FOR         |                              1.29046e+06 | FOR                         |  |
| The PNC Financial Services Group, Inc.    | 693475105 | 04/23/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      1.06644e+06 |                0 | FOR         |                              1.06644e+06 | FOR                         |  |
| UFP Industries, Inc.                      | 90278Q108 | 04/23/2025     | To approve, on an advisory (non-binding) basis, the compensation paid to our Named Executives.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      1.0094e+06  |                0 | FOR         |                              1.0094e+06  | FOR                         |  |
| Citizens Financial Group, Inc.            | 174610105 | 04/24/2025     | Advisory Vote on Executive Compensation.                                                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 505433           |                0 | AGAINST     |                         505433           | AGAINST                     |  |
| Global Payments Inc.                      | 37940X102 | 04/24/2025     | Approval, on an advisory basis, of the compensation of the company's named executive officers for 2024.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      4.3793e+06  |                0 | FOR         |                              4.3793e+06  | FOR                         |  |
| Peoples Bancorp Inc.                      | 709789101 | 04/24/2025     | Approval of non-binding advisory resolution to approve the compensation of Peoples' named executive officers as disclosed in the Proxy Statement for the 2025 Annual Meeting of Shareholders.                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.12366e+06 |                0 | FOR         |                              1.12366e+06 | FOR                         |  |
| First Business Financial Services, Inc.   | 319390100 | 04/25/2025     | To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  35626           |                0 | FOR         |                          35626           | FOR                         |  |
| First Business Financial Services, Inc.   | 319390100 | 04/25/2025     | To approve, in a non-binding shareholder advisory vote, the frequency with which shareholders will vote on compensation of the Company's named executive officers.                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  35626           |                0 | ONE YEAR    |                          35626           | FOR                         |  |
| Steel Dynamics, Inc.                      | 858119100 | 04/25/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  41516           |                0 | FOR         |                          41516           | FOR                         |  |
| TechnipFMC plc                            | G87110105 | 04/25/2025     | 2024 U.S. Say-on-Pay for Named Executive Officers: To approve, as a non-binding advisory resolution, the Company's named executive officer compensation for the year ended December 31, 2024, as reported in the Company's Proxy Statement                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 509436           |                0 | FOR         |                         509436           | FOR                         |  |
| TechnipFMC plc                            | G87110105 | 04/25/2025     | Frequency of Future Say-on-Pay Proposals for Named Executive Officers: Approval of the frequency of future Say-on-Pay proposals for named executive officers                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 509436           |                0 | ONE YEAR    |                         509436           | FOR                         |  |
| Genuine Parts Company                     | 372460105 | 04/28/2025     | Advisory Vote On Executive Compensation                                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 313989           |                0 | FOR         |                         313989           | FOR                         |  |
| German American Bancorp, Inc.             | 373865104 | 04/28/2025     | To approve, on an advisory basis, the compensation of our Named Executive Officers                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      1.33485e+06 |                0 | FOR         |                              1.33485e+06 | FOR                         |  |
| STAG Industrial, Inc.                     | 85254J102 | 04/28/2025     | The approval, by non-binding vote, of executive compensation.                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 503334           |                0 | FOR         |                         503334           | FOR                         |  |
| Valmont Industries, Inc.                  | 920253101 | 04/28/2025     | Advisory approval of the company's executive compensation.                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 388255           |                0 | FOR         |                         388255           | FOR                         |  |
| First Bancorp                             | 318910106 | 04/29/2025     | To approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers, as disclosed in the accompanying proxy statement ("Say on Pay").                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      1.70731e+06 |                0 | FOR         |                              1.70731e+06 | FOR                         |  |
| First Bancorp                             | 318910106 | 04/29/2025     | To provide an advisory vote on the frequency with which the advisory vote on the named executive officers' compensation shall occur.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.70731e+06 |                0 | ONE YEAR    |                              1.70731e+06 | FOR                         |  |
| First Commonwealth Financial Corporation  | 319829107 | 04/29/2025     | Advisory vote to approve named executive officer compensation                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      2.38403e+06 |                0 | FOR         |                              2.38403e+06 | FOR                         |  |
| Knowles Corporation                       | 49926D109 | 04/29/2025     | Non-binding, advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      3.12396e+06 |                0 | FOR         |                              3.12396e+06 | FOR                         |  |
| Regal Rexnord Corporation                 | 758750103 | 04/29/2025     | Advisory vote on the compensation of the company's named executive officers as disclosed in the company's proxy statement.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 696164           |                0 | FOR         |                         696164           | 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 | 214140           |                0 | FOR         |                         214140           | FOR                         |  |
| Wells Fargo  Company                      | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      3.63621e+06 |                0 | FOR         |                              3.63621e+06 | FOR                         |  |
| Ducommun Incorporated                     | 264147109 | 04/30/2025     | Advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  78515           |                0 | FOR         |                          78515           | FOR                         |  |
| Primoris Services Corporation             | 74164F103 | 04/30/2025     | Advisory, Non-Binding Vote Approving the Company's Named Executive Officer Compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 205110           |                0 | FOR         |                         205110           | FOR                         |  |
| Selective Insurance Group, Inc.           | 816300107 | 04/30/2025     | APPROVAL ON AN ADVISORY BASIS OF THE 2024 COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      2           |                0 | FOR         |                              2           | FOR                         |  |
| Olin Corporation                          | 680665205 | 05/01/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 281242           |                0 | FOR         |                         281242           | FOR                         |  |
| The Hackett Group, Inc.                   | 404609109 | 05/01/2025     | To approve, in an advisory vote, the Company's executive compensation;                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  72862           |                0 | AGAINST     |                          72862           | AGAINST                     |  |
| Dover Corporation                         | 260003108 | 05/02/2025     | To approve, on an advisory basis, named executive officer compensation.                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 707330           |                0 | FOR         |                         707330           | FOR                         |  |
| Entergy Corporation                       | 29364G103 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      2.16386e+06 |                0 | FOR         |                              2.16386e+06 | FOR                         |  |
| Select Water Solutions, Inc.              | 81617J301 | 05/02/2025     | To conduct a non-binding, advisory vote to approve Named Executive Officer compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      1.9565e+06  |                0 | FOR         |                              1.9565e+06  | 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 |      1.21219e+06 |                0 | FOR         |                              1.21219e+06 | FOR                         |  |
| Baxter International Inc.                 | 071813109 | 05/06/2025     | Advisory Vote to Approve Named Executive Officer Compensation for 2024                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      3.88378e+06 |                0 | FOR         |                              3.88378e+06 | FOR                         |  |
| Evergy, Inc.                              | 30034W106 | 05/06/2025     | Approve the 2024 compensation of our named executive officers on an advisory non-binding basis.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 676539           |                0 | FOR         |                         676539           | FOR                         |  |
| Evergy, Inc.                              | 30034W106 | 05/06/2025     | To recommend, on a non-binding advisory basis, the frequency of the advisory vote on executive compensation.                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 676539           |                0 | ONE YEAR    |                         676539           | FOR                         |  |
| Brunswick Corporation                     | 117043109 | 05/07/2025     | Advisory vote to approve the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 118440           |                0 | FOR         |                         118440           | FOR                         |  |
| Century Communities, Inc.                 | 156504300 | 05/07/2025     | To approve, on an advisory basis, our executive compensation.                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 170000           |                0 | FOR         |                         170000           | FOR                         |  |
| Hilton Grand Vacations Inc.               | 43283X105 | 05/07/2025     | Approve by non-binding vote the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      3.3106e+06  |                0 | AGAINST     |                              3.3106e+06  | AGAINST                     |  |
| Victory Capital Holdings, Inc.            | 92645B103 | 05/07/2025     | A non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      1.63613e+06 |                0 | FOR         |                              1.63613e+06 | FOR                         |  |
| Boyd Gaming Corporation                   | 103304101 | 05/08/2025     | Advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 726234           |                0 | FOR         |                         726234           | 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 |      1.82143e+06 |                0 | FOR         |                              1.82143e+06 | FOR                         |  |
| CNO Financial Group, Inc.                 | 12621E103 | 05/08/2025     | Approval, by non-binding advisory vote, of the executive compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      3.18121e+06 |                0 | FOR         |                              3.18121e+06 | FOR                         |  |
| Louisiana-Pacific Corporation             | 546347105 | 05/08/2025     | Advisory vote to approve named executive officer compensation                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 207956           |                0 | FOR         |                         207956           | FOR                         |  |
| TTM Technologies, Inc.                    | 87305R109 | 05/08/2025     | To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.26657e+06 |                0 | FOR         |                              1.26657e+06 | FOR                         |  |
| United Parcel Service, Inc.               | 911312106 | 05/08/2025     | To approve on an advisory basis named executive officer compensation.                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      1.99664e+06 |                0 | FOR         |                              1.99664e+06 | FOR                         |  |
| The Progressive Corporation               | 743315103 | 05/09/2025     | Cast an advisory vote to approve our executive compensation program;                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.11241e+06 |                0 | FOR         |                              1.11241e+06 | FOR                         |  |
| CNH Industrial N.V.                       | N20944109 | 05/12/2025     | Approval of executive compensation ("Say on Pay") (advisory voting item)                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      2.8904e+06  |                0 | FOR         |                              2.8904e+06  | FOR                         |  |
| International Paper Company               | 460146103 | 05/12/2025     | A Non-Binding Resolution to Approve the Compensation of the Company's Named Executive Officers                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      5.36394e+06 |                0 | FOR         |                              5.36394e+06 | FOR                         |  |
| MKS Instruments, Inc.                     | 55306N104 | 05/12/2025     | The approval, on an advisory basis, of executive compensation.                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  44314           |                0 | FOR         |                          44314           | FOR                         |  |
| Bread Financial Holdings, Inc.            | 018581108 | 05/13/2025     | ADVISORY VOTE ON EXECUTIVE COMPENSATION                                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.07722e+06 |                0 | FOR         |                              1.07722e+06 | FOR                         |  |
| Group 1 Automotive, Inc.                  | 398905109 | 05/13/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  45194           |                0 | FOR         |                          45194           | FOR                         |  |
| Knight-Swift Transportation Holdings Inc. | 499049104 | 05/13/2025     | Conduct an advisory, non-binding vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      1.6835e+06  |                0 | FOR         |                              1.6835e+06  | FOR                         |  |
| The Hanover Insurance Group, Inc.         | 410867105 | 05/13/2025     | The advisory approval of the Company's executive compensation; and                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 948185           |                0 | FOR         |                         948185           | FOR                         |  |
| American Tower Corporation                | 03027X100 | 05/14/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.92848e+06 |                0 | FOR         |                              1.92848e+06 | FOR                         |  |
| Avient Corporation                        | 05368V106 | 05/14/2025     | Approval, on an advisory basis, of Named Executive Officer compensation.                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      3.51265e+06 |                0 | FOR         |                              3.51265e+06 | FOR                         |  |
| Benchmark Electronics, Inc.               | 08160H101 | 05/14/2025     | To provide an advisory vote on the compensation of the Company's named executive officers;                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.67733e+06 |                0 | FOR         |                              1.67733e+06 | FOR                         |  |
| Elevance Health, Inc.                     | 036752103 | 05/14/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.19265e+06 |                0 | FOR         |                              1.19265e+06 | FOR                         |  |
| Everest Group, Ltd.                       | G3223R108 | 05/14/2025     | To approve, by non-binding advisory vote, 2024 compensation paid to the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 959261           |                0 | FOR         |                         959261           | 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 |      1.42897e+06 |                0 | FOR         |                              1.42897e+06 | FOR                         |  |
| Hess Corporation                          | 42809H107 | 05/14/2025     | Advisory approval of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 572744           |                0 | FOR         |                         572744           | FOR                         |  |
| Horace Mann Educators Corporation         | 440327104 | 05/14/2025     | Approve the advisory resolution to approve Named Executive Officers' compensation.                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      2.74238e+06 |                0 | FOR         |                              2.74238e+06 | FOR                         |  |
| KBR, Inc.                                 | 48242W106 | 05/14/2025     | Advisory vote to approve KBR's named executive officer compensation.                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      2.32393e+06 |                0 | FOR         |                              2.32393e+06 | FOR                         |  |
| M/I Homes, Inc.                           | 55305B101 | 05/14/2025     | A non-binding, advisory resolution to approve the compensation of the named executive officers of M/I Homes, Inc.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 252784           |                0 | AGAINST     |                         252784           | AGAINST                     |  |
| The Middleby Corporation                  | 596278101 | 05/14/2025     | Approval, on an advisory basis, of the compensation of our named executive officers; and                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 320118           |                0 | FOR         |                         320118           | FOR                         |  |
| BlackRock, Inc.                           | 09290D101 | 05/15/2025     | Approval, in a non-binding advisory vote, of the compensation for named executive officers.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 361490           |                0 | FOR         |                         361490           | FOR                         |  |
| Cable One, Inc.                           | 12685J105 | 05/15/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for 2024.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 232598           |                0 | AGAINST     |                         232598           | AGAINST                     |  |
| Columbia Banking System, Inc.             | 197236102 | 05/15/2025     | To approve, on an advisory basis, the compensation of Columbia Banking System, Inc.'s named executive officers.                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      5.1556e+06  |                0 | FOR         |                              5.1556e+06  | FOR                         |  |
| 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 |      5.36511e+06 |                0 | AGAINST     |                              5.36511e+06 | AGAINST                     |  |
| HNI Corporation                           | 404251100 | 05/15/2025     | Advisory vote to approve Named Executive Officer compensation as described in the Proxy Statement                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 520584           |                0 | FOR         |                         520584           | FOR                         |  |
| IDACORP, Inc.                             | 451107106 | 05/15/2025     | Advisory resolution to approve our executive compensation.                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 246589           |                0 | FOR         |                         246589           | FOR                         |  |
| WSFS Financial Corporation                | 929328102 | 05/15/2025     | An advisory (non-binding) Say-on-Pay Vote relating to the compensation of WSFS Financial Corporation's named executive officers ("NEOs").                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      1.94929e+06 |                0 | FOR         |                              1.94929e+06 | FOR                         |  |
| Kite Realty Group Trust                   | 49803T300 | 05/16/2025     | To approve, on an advisory (non-binding) basis, the compensation of Kite Realty Group Trust's named executive officers.                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.99596e+06 |                0 | FOR         |                              1.99596e+06 | FOR                         |  |
| Lear Corporation                          | 521865204 | 05/16/2025     | Approve, in a non-binding advisory vote, Lear Corporation's executive compensation.                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 330023           |                0 | FOR         |                         330023           | FOR                         |  |
| PPL Corporation                           | 69351T106 | 05/16/2025     | Advisory vote to approve compensation of named executive officers                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      5.61972e+06 |                0 | FOR         |                              5.61972e+06 | FOR                         |  |
| Seacoast Banking Corporation of Florida   | 811707801 | 05/19/2025     | Advisory (Non-binding) Vote on Compensation of Named Executive Officers                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.88196e+06 |                0 | AGAINST     |                              1.88196e+06 | AGAINST                     |  |
| Seacoast Banking Corporation of Florida   | 811707801 | 05/19/2025     | Advisory (Non-binding) Vote on Frequency of Vote on Compensation of Named Executive Officers                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      1.88196e+06 |                0 | ONE YEAR    |                              1.88196e+06 | FOR                         |  |
| Baker Hughes Company                      | 05722G100 | 05/20/2025     | An advisory vote related to the Company's executive compensation program                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      1.0702e+06  |                0 | FOR         |                              1.0702e+06  | FOR                         |  |
| Camden National Corporation               | 133034108 | 05/20/2025     | To approve, by non-binding advisory vote, the compensation of the Company's named executive officers ("Say on Pay").                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 989927           |                0 | FOR         |                         989927           | FOR                         |  |
| Chart Industries, Inc.                    | 16115Q308 | 05/20/2025     | To approve, on an advisory basis, the Company's executive compensation; and                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 895841           |                0 | FOR         |                         895841           | FOR                         |  |
| First Interstate BancSystem, Inc.         | 32055Y201 | 05/20/2025     | Adoption of non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      4.328e+06   |                0 | FOR         |                              4.328e+06   | FOR                         |  |
| JPMorgan Chase  Co.                       | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      1.70358e+06 |                0 | FOR         |                              1.70358e+06 | FOR                         |  |
| The Gap, Inc.                             | 364760108 | 05/20/2025     | Approval, on an advisory basis, of the overall compensation of the named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      1.32416e+06 |                0 | FOR         |                              1.32416e+06 | FOR                         |  |
| CBRE Group, Inc.                          | 12504L109 | 05/21/2025     | Advisory vote to approve named executive officer compensation for 2024.                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 630070           |                0 | FOR         |                         630070           | FOR                         |  |
| EOG Resources, Inc.                       | 26875P101 | 05/21/2025     | To approve, by non-binding vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      1.67508e+06 |                0 | FOR         |                              1.67508e+06 | FOR                         |  |
| Frontier Communications Parent, Inc.      | 35909D109 | 05/21/2025     | To approve, on an advisory basis, our named executive officer compensation.                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 279418           |                0 | FOR         |                         279418           | FOR                         |  |
| Mondelez International, Inc.              | 609207105 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      2.00273e+06 |                0 | FOR         |                              2.00273e+06 | FOR                         |  |
| 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 | 776509           |                0 | FOR         |                         776509           | FOR                         |  |
| RXO, Inc.                                 | 74982T103 | 05/21/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      1.84781e+06 |                0 | FOR         |                              1.84781e+06 | FOR                         |  |
| SS Technologies Holdings, Inc.            | 78467J100 | 05/21/2025     | To approve, on an advisory basis, the compensation of SS's named executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      2.01252e+06 |                0 | FOR         |                              2.01252e+06 | FOR                         |  |
| The Hartford Insurance Group, Inc.        | 416515104 | 05/21/2025     | Management proposal to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's proxy statement                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      1.54931e+06 |                0 | FOR         |                              1.54931e+06 | 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 |  67977           |                0 | FOR         |                          67977           | 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 |      1.25638e+07 |                0 | FOR         |                              1.25638e+07 | FOR                         |  |
| Meritage Homes Corporation                | 59001A102 | 05/22/2025     | Advisory vote to approve compensation of the Company's Named Executive Officers ("Say on Pay").                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 402843           |                0 | FOR         |                         402843           | FOR                         |  |
| Mohawk Industries, Inc.                   | 608190104 | 05/22/2025     | Advisory vote to approve executive compensation, as disclosed in the Company's Proxy Statement for the 2025 Annual Meeting of Stockholders.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  34487           |                0 | FOR         |                          34487           | FOR                         |  |
| Taylor Morrison Home Corporation          | 87724P106 | 05/22/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 674043           |                0 | FOR         |                         674043           | FOR                         |  |
| TriCo Bancshares                          | 896095106 | 05/22/2025     | Advisory approval of the company's executive compensation.                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.21375e+06 |                0 | FOR         |                              1.21375e+06 | FOR                         |  |
| Voya Financial, Inc.                      | 929089100 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      4.72884e+06 |                0 | FOR         |                              4.72884e+06 | FOR                         |  |
| LyondellBasell Industries N.V.            | N53745100 | 05/23/2025     | Advisory Vote Approving Executive Compensation (Say-on-Pay)                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 113888           |                0 | FOR         |                         113888           | FOR                         |  |
| SBA Communications Corporation            | 78410G104 | 05/23/2025     | Approval, on an advisory basis, of the compensation of SBA's named executive officers.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  74315           |                0 | FOR         |                          74315           | 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 |      4.52049e+06 |                0 | FOR         |                              4.52049e+06 | FOR                         |  |
| Chevron Corporation                       | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.58054e+06 |                0 | FOR         |                              1.58054e+06 | FOR                         |  |
| Juniper Networks, Inc.                    | 48203R104 | 05/28/2025     | Approval of a non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  99868           |                0 | FOR         |                          99868           | FOR                         |  |
| Mattel, Inc.                              | 577081102 | 05/28/2025     | Advisory vote to approve named executive officer compensation ("Say-on-Pay"), as described in the Mattel, Inc. Proxy Statement.                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      7.18038e+06 |                0 | FOR         |                              7.18038e+06 | FOR                         |  |
| Clear Channel Outdoor Holdings, Inc.      | 18453H106 | 05/29/2025     | Approval of the advisory (non-binding) resolution on executive compensation                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      2.40541e+06 |                0 | FOR         |                              2.40541e+06 | FOR                         |  |
| Dollar General Corporation                | 256677105 | 05/29/2025     | To approve, on an advisory (non-binding) basis, the resolution regarding the compensation of Dollar General Corporation's named executive officers as disclosed in the proxy statement.                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.76179e+06 |                0 | FOR         |                              1.76179e+06 | FOR                         |  |
| 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 |      3.04097e+06 |                0 | FOR         |                              3.04097e+06 | FOR                         |  |
| ACI Worldwide, Inc.                       | 004498101 | 06/03/2025     | To conduct an advisory vote to approve named executive officer compensation; and                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      3.04988e+06 |                0 | FOR         |                              3.04988e+06 | FOR                         |  |
| General Motors Company                    | 37045V100 | 06/03/2025     | Advisory Approval of Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      3.83921e+06 |                0 | FOR         |                              3.83921e+06 | FOR                         |  |
| Arrow Financial Corporation               | 042744102 | 06/04/2025     | To approve, on an advisory basis, a resolution relating to the 2024 executive compensation ("Say-on-Pay").                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  75432           |                0 | FOR         |                          75432           | FOR                         |  |
| McGrath RentCorp                          | 580589109 | 06/04/2025     | To approve, in a non-binding vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 819942           |                0 | FOR         |                         819942           | FOR                         |  |
| Bath  Body Works, Inc.                    | 070830104 | 06/05/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 956988           |                0 | FOR         |                         956988           | FOR                         |  |
| Gates Industrial Corporation Plc          | G39108108 | 06/05/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      3.5856e+06  |                0 | FOR         |                              3.5856e+06  | FOR                         |  |
| Gates Industrial Corporation Plc          | G39108108 | 06/05/2025     | Approve, on an advisory basis, the frequency of future advisory votes to approve the Company's named executive officer compensation.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      3.5856e+06  |                0 | ONE YEAR    |                              3.5856e+06  | FOR                         |  |
| WillScot Holdings Corporation             | 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 |      7.95636e+06 |                0 | FOR         |                              7.95636e+06 | FOR                         |  |
| Crocs, Inc.                               | 227046109 | 06/10/2025     | An advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 175831           |                0 | FOR         |                         175831           | FOR                         |  |
| Envista Holdings Corporation              | 29415F104 | 06/10/2025     | To approve on an advisory basis Envista's named executive officer compensation.                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |      6.7218e+06  |                0 | FOR         |                              6.7218e+06  | FOR                         |  |
| Dick's Sporting Goods, Inc.               | 253393102 | 06/11/2025     | Non-binding advisory vote to approve compensation of named executive officers, as disclosed in the Company's 2025 proxy statement.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 125477           |                0 | FOR         |                         125477           | FOR                         |  |
| NXP Semiconductors N.V.                   | N6596X109 | 06/11/2025     | Non-binding, advisory vote to approve Named Executive Officer compensation                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.16304e+06 |                0 | FOR         |                              1.16304e+06 | FOR                         |  |
| Target Corporation                        | 87612E106 | 06/11/2025     | Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay).                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      2.01299e+06 |                0 | FOR         |                              2.01299e+06 | FOR                         |  |
| Ulta Beauty, Inc.                         | 90384S303 | 06/11/2025     | Advisory resolution to approve the Company's executive compensation.                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 433160           |                0 | FOR         |                         433160           | FOR                         |  |
| Comcast Corporation                       | 20030N101 | 06/18/2025     | Advisory vote on executive compensation                                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      3.00438e+06 |                0 | FOR         |                              3.00438e+06 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** FRANKLIN MUTUAL ADVISERS LLC

**By (Signature):** Thomas C. Mandia

**By (Printed Signature):** Thomas C. Mandia

**By (Title):** Assistant Secretary

**Date:** 08/18/2025