# EDGAR Filing Document

**Accession Number:** 0001535630
**File Stem:** 0000919574-25-005285
**Filing Date:** 2025-8
**Character Count:** 18651
**Document Hash:** afc20af1d805bc53c40d2b1291c1f5ba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-005285.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0000919574-25-005285

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELEMENT CAPITAL MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001535630

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

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15954
- **FILM NUMBER:** 251275126

**BUSINESS ADDRESS:**
- **STREET 1:** 520 MADISON AVENUE
- **STREET 2:** 43PH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-993-7035

**MAIL ADDRESS:**
- **STREET 1:** 520 MADISON AVENUE
- **STREET 2:** 43PH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

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

## N-PX: Filer Information

**Filer CIK:** 0001535630

**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:** ELEMENT CAPITAL MANAGEMENT LLC

**Address:** 520 Madison Ave 43ph, New York, NY 10022

**Telephone number:** 212-993-7000

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 801-73544

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Snowflake Inc.                   | 833445109 | 07/02/2024     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           6183 |                0 | FOR         |                                     6183 | FOR                         |  |
| AZZ Inc.                         | 002474104 | 07/09/2024     | Approve, on an advisory basis, AZZ's Executive Compensation Program.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          40100 |                0 | FOR         |                                    40100 | FOR                         |  |
| Equitrans Midstream Corporation  | 294600101 | 07/18/2024     | Approval, on an advisory (non-binding) basis, of the compensation that may be paid or become payable to the Company's named executive officers in connection with the Merger; and                                                                 | SECTION 14A SAY-ON-PAY VOTES |         213645 |                0 | FOR         |                                   213645 | FOR                         |  |
| SilverBow Resources, Inc.        | 82836G102 | 07/29/2024     | The SilverBow Advisory Compensation Proposal: To approve, on a non-binding, advisory basis, certain compensation that may be paid or become payable to SilverBow's named executive officers that is based on or otherwise relates to the Mergers. | SECTION 14A SAY-ON-PAY VOTES |         543650 |                0 | AGAINST     |                                   543650 | AGAINST                     |  |
| Marathon Oil Corporation         | 565849106 | 08/29/2024     | To approve, by a non-binding advisory vote, certain compensation that may be paid or become payable to Marathon Oil's named executive officers that is based on or otherwise relates to the merger contemplated by the merger agreement.          | SECTION 14A SAY-ON-PAY VOTES |            979 |                0 | AGAINST     |                                      979 | AGAINST                     |  |
| RBC Bearings Incorporated        | 75524B104 | 09/05/2024     | To consider a resolution regarding the stockholder advisory vote on named executive officer compensation.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            570 |                0 | FOR         |                                      570 | FOR                         |  |
| Deckers Outdoor Corporation      | 243537107 | 09/09/2024     | To approve, on a non-binding advisory basis, the compensation of our Named Executive Officers, as described in the section of the Proxy Statement entitled "Compensation Discussion and Analysis".                                                | SECTION 14A SAY-ON-PAY VOTES |            150 |                0 | FOR         |                                      150 | FOR                         |  |
| NIKE, Inc.                       | 654106103 | 09/10/2024     | To approve executive compensation by an advisory vote.                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           1640 |                0 | FOR         |                                     1640 | FOR                         |  |
| Darden Restaurants, Inc.         | 237194105 | 09/18/2024     | To obtain non-binding advisory approval of the Company's executive compensation.                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |              4 |                0 | FOR         |                                        4 | FOR                         |  |
| Microsoft Corporation            | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           5704 |                0 | FOR         |                                     5704 | FOR                         |  |
| East West Bancorp, Inc.          | 27579R104 | 05/20/2025     | 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 |          29567 |                0 | FOR         |                                    29567 | FOR                         |  |
| Amazon.com, Inc.                 | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          11192 |                0 | AGAINST     |                                    11192 | AGAINST                     |  |
| Diamondback Energy, Inc.         | 25278X109 | 05/21/2025     | The approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          16722 |                0 | FOR         |                                    16722 | FOR                         |  |
| The Southern Company             | 842587107 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          30623 |                0 | FOR         |                                    30623 | FOR                         |  |
| Watts Water Technologies, Inc.   | 942749102 | 05/21/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           4272 |                0 | FOR         |                                     4272 | FOR                         |  |
| DuPont de Nemours, Inc.          | 26614N102 | 05/22/2025     | Advisory Resolution to Approve Executive Compensation                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          35660 |                0 | FOR         |                                    35660 | 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 |          19505 |                0 | FOR         |                                    19505 | FOR                         |  |
| Royal Gold, Inc.                 | 780287108 | 05/22/2025     | Advisory vote to approve named executive officer compensation                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           9984 |                0 | FOR         |                                     9984 | FOR                         |  |
| The Trade Desk, Inc.             | 88339J105 | 05/27/2025     | The approval, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          46383 |                0 | FOR         |                                    46383 | FOR                         |  |
| Exelixis, Inc.                   | 30161Q104 | 05/28/2025     | To approve, on an advisory basis, the compensation of Exelixis' named executive officers, as disclosed in the accompanying Proxy Statement.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          73690 |                0 | FOR         |                                    73690 | FOR                         |  |
| Meta Platforms, Inc.             | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                                                                 | SECTION 14A SAY-ON-PAY VOTES |           4464 |                0 | AGAINST     |                                     4464 | AGAINST                     |  |
| Meta Platforms, Inc.             | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years.                                       | SECTION 14A SAY-ON-PAY VOTES |           4464 |                0 | ONE YEAR    |                                     4464 | AGAINST                     |  |
| Arista Networks, Inc.            | 040413205 | 05/30/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          33389 |                0 | AGAINST     |                                    33389 | AGAINST                     |  |
| Booking Holdings Inc.            | 09857L108 | 06/03/2025     | Advisory vote to approve 2024 executive compensation.                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            572 |                0 | FOR         |                                      572 | FOR                         |  |
| Fortive Corporation              | 34959J108 | 06/03/2025     | To approve on an advisory basis Fortive's named executive officer compensation.                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |          36271 |                0 | FOR         |                                    36271 | FOR                         |  |
| Rexford Industrial Realty, Inc.  | 76169C100 | 06/03/2025     | The advisory resolution to approve the Company's named executive officer compensation for the fiscal year ended December 31, 2024, as described in the Rexford Industrial Realty, Inc. Proxy Statement.                                           | SECTION 14A SAY-ON-PAY VOTES |          68320 |                0 | FOR         |                                    68320 | FOR                         |  |
| Airbnb, Inc.                     | 009066101 | 06/04/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          21203 |                0 | AGAINST     |                                    21203 | AGAINST                     |  |
| MarketAxess Holdings Inc.        | 57060D108 | 06/04/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the 2025 Proxy Statement.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          12697 |                0 | FOR         |                                    12697 | FOR                         |  |
| Salesforce, Inc.                 | 79466L302 | 06/05/2025     | Approval, on an advisory basis, of the fiscal 2025 compensation of our named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           1120 |                0 | FOR         |                                     1120 | FOR                         |  |
| Walmart Inc.                     | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           3695 |                0 | FOR         |                                     3695 | FOR                         |  |
| Garmin Ltd.                      | H2906T109 | 06/06/2025     | Advisory vote on executive compensation of Garmin's Named Executive Officers                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           1452 |                0 | FOR         |                                     1452 | FOR                         |  |
| Omega Healthcare Investors, Inc. | 681936100 | 06/06/2025     | Approval, on an advisory basis, of executive compensation                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          72351 |                0 | FOR         |                                    72351 | FOR                         |  |
| Universal Display Corporation    | 91347P105 | 06/18/2025     | Advisory resolution to approve the compensation of the Company's named executive officers.                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          17949 |                0 | FOR         |                                    17949 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** ELEMENT CAPITAL MANAGEMENT LLC

**By (Signature):** Bret M. Sayre

**By (Printed Signature):** Bret M. Sayre

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

**Date:** 08/28/2025