# EDGAR Filing Document

**Accession Number:** 0000937522
**File Stem:** 0001438934-25-001494
**Filing Date:** 2025-8
**Character Count:** 29171
**Document Hash:** ef9aa2cd5aacb8bde47e8bb1b7dba9bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001438934-25-001494.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001438934-25-001494

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**EFFECTIVENESS DATE**: 20250825

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWERIN BOYLE CAPITAL MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0000937522

**ORGANIZATION NAME:**
- **EIN:** 043057484
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03423
- **FILM NUMBER:** 251248855

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MONARCH PLACE, SUITE 700
- **CITY:** SPRINGFIELD
- **STATE:** MA
- **ZIP:** 01144
- **BUSINESS PHONE:** 4137840990

**MAIL ADDRESS:**
- **STREET 1:** ONE MONARCH PLACE, SUITE 700
- **CITY:** SPRINGFIELD
- **STATE:** MA
- **ZIP:** 01144

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

## N-PX: Filer Information

**Filer CIK:** 0000937522

**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:** SCHWERIN BOYLE CAPITAL MANAGEMENT INC

**Address:** One Monarch Place, Springfield, MA 01144

**Telephone number:** 4137840990

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-03423

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 984500CN513F5D601D28

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ACCENTURE PLC                            | G1151C101 | 02/06/2025     | To approve, in a non-binding vote, the compensation of our named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         103010 |                0 | FOR         |                                   103010 | FOR                         |  |
| ACUITY BRANDS, INC.                      | 00508Y102 | 01/22/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          78730 |                0 | FOR         |                                    78730 | FOR                         |  |
| AGCO CORPORATION                         | 001084102 | 04/24/2025     | Non-binding advisory resolution to approve the compensation of the Company's named executive officers.                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         151095 |                0 | FOR         |                                   151095 | FOR                         |  |
| AIB GROUP PLC                            | G0R4HJ106 | 05/01/2025     | APPROVE REMUNERATION REPORT                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        1218195 |                0 | FOR         |                                  1218195 | FOR                         |  |
| ALLEGION PLC                             | G0176J109 | 06/05/2025     | Approve the compensation of our named executive officers on an advisory (non-binding) basis.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |          59317 |                0 | FOR         |                                    59317 | FOR                         |  |
| ALTRIA GROUP, INC.                       | 02209S103 | 05/15/2025     | Non-Binding Advisory Vote to Approve the Compensation of Altria's Named Executive Officers                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         131615 |                0 | FOR         |                                   131615 | FOR                         |  |
| AMERICAN EXPRESS COMPANY                 | 025816109 | 04/29/2025     | Approval, on an advisory basis, of the Company's executive compensation.                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         143326 |                0 | FOR         |                                   143326 | FOR                         |  |
| ANHEUSER-BUSCH INBEV SA                  | 03524A108 | 04/30/2025     | Remuneration report: Proposed resolution: approving the remuneration report for the financial year 2024. The 2024 annual report containing the remuneration report is available on the Company's website as indicated in this notice. | SECTION 14A SAY-ON-PAY VOTES |          50865 |                0 | FOR         |                                    50865 | FOR                         |  |
| ANSYS, INC.                              | 03662Q105 | 06/27/2025     | Advisory Approval of the Compensation of Our Named Executive Officers                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           8750 |                0 | FOR         |                                     8750 | FOR                         |  |
| APPLE INC.                               | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          62600 |                0 | FOR         |                                    62600 | 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 |            400 |                0 | FOR         |                                      400 | FOR                         |  |
| BANK OF IRELAND GROUP PLC                | G0756R109 | 05/22/2025     | TO CONSIDER THE REPORT ON DIRECTORS REMUNERATION FOR THE YEAR ENDED 31 DECEMBER 2024                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         775348 |                0 | FOR         |                                   775348 | FOR                         |  |
| BRISTOL-MYERS SQUIBB COMPANY             | 110122108 | 05/06/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           4511 |                0 | FOR         |                                     4511 | FOR                         |  |
| CARMAX, INC.                             | 143130102 | 06/24/2025     | To approve, in an advisory (non-binding) vote, the compensation of our named executive officers.                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         358630 |                0 | FOR         |                                   358630 | 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 |          21412 |                0 | FOR         |                                    21412 | FOR                         |  |
| CITIGROUP INC.                           | 172967424 | 04/29/2025     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            197 |                0 | FOR         |                                      197 | FOR                         |  |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP.     | 192446102 | 06/03/2025     | Approval, on an advisory (non-binding) basis, of the compensation of the company's named executive officers (say-on-pay).                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         142555 |                0 | FOR         |                                   142555 | FOR                         |  |
| COMCAST CORPORATION                      | 20030N101 | 06/18/2025     | Advisory vote on executive compensation                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         247000 |                0 | FOR         |                                   247000 | FOR                         |  |
| DNOW INC.                                | 67011P100 | 05/21/2025     | To consider and act upon an advisory proposal to approve the compensation of our named executive officers.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          12197 |                0 | FOR         |                                    12197 | 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 |          85201 |                0 | FOR         |                                    85201 | 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 |            136 |                0 | FOR         |                                      136 | FOR                         |  |
| EVERTEC, INC.                            | 30040P103 | 05/22/2025     | Advisory vote on executive compensation.                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         217550 |                0 | FOR         |                                   217550 | FOR                         |  |
| EXXON MOBIL CORPORATION                  | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         219675 |                0 | FOR         |                                   219675 | FOR                         |  |
| GARTNER, INC.                            | 366651107 | 05/29/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          58820 |                0 | FOR         |                                    58820 | FOR                         |  |
| GENTEX CORPORATION                       | 371901109 | 05/15/2025     | To approve, on an advisory basis, compensation of the Company's named executive officers.                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         428000 |                0 | FOR         |                                   428000 | FOR                         |  |
| 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 |          56000 |                0 | FOR         |                                    56000 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.          | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          54600 |                0 | FOR         |                                    54600 | FOR                         |  |
| JPMORGAN CHASE  CO.                      | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         113111 |                0 | FOR         |                                   113111 | FOR                         |  |
| LOEWS CORPORATION                        | 540424108 | 05/13/2025     | Approve, on an advisory basis, executive compensation                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         183700 |                0 | FOR         |                                   183700 | FOR                         |  |
| MASTERCARD INCORPORATED                  | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          52671 |                0 | FOR         |                                    52671 | FOR                         |  |
| MCKESSON CORPORATION                     | 58155Q103 | 07/31/2024     | Advisory vote on Executive Compensation.                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          29420 |                0 | FOR         |                                    29420 | 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 |          90178 |                0 | FOR         |                                    90178 | FOR                         |  |
| 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 |          90178 |                0 | 3 YEARS     |                                    90178 | 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 |          18435 |                0 | FOR         |                                    18435 | FOR                         |  |
| OCCIDENTAL PETROLEUM CORPORATION         | 674599105 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         223150 |                0 | FOR         |                                   223150 | FOR                         |  |
| PAYPAL HOLDINGS, INC.                    | 70450Y103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          75399 |                0 | FOR         |                                    75399 | FOR                         |  |
| PFIZER INC.                              | 717081103 | 04/24/2025     | 2025 advisory approval of executive compensation                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         601175 |                0 | FOR         |                                   601175 | FOR                         |  |
| PHILLIPS 66                              | 718546104 | 05/21/2025     | ADVISORY APPROVAL OF EXECUTIVE COMPENSATION                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          86900 |                0 | FOR         |                                    86900 | FOR                         |  |
| PHILLIPS 66                              | 718546104 | 05/21/2025     | ADVISORY APPROVAL OF FREQUENCY OF FUTURE ADVISORY APPROVALS OF EXECUTIVE COMPENSATION                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          86900 |                0 | 1 YEAR      |                                    86900 | FOR                         |  |
| QVC GROUP, INC.                          | 74915M100 | 05/12/2025     | The say-on-pay proposal, to approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           2207 |                0 | FOR         |                                     2207 | FOR                         |  |
| SCHLUMBERGER LIMITED (SCHLUMBERGER N.V.) | 806857108 | 04/02/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         277485 |                0 | FOR         |                                   277485 | FOR                         |  |
| SENSATA TECHNOLOGIES HOLDING PLC         | G8060N102 | 06/10/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         591400 |                0 | FOR         |                                   591400 | FOR                         |  |
| SIRIUS XM HOLDINGS INC.                  | 829933100 | 05/28/2025     | Advisory vote on frequency of future advisory votes on the compensation of named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          66327 |                0 | 1 YEAR      |                                    66327 | FOR                         |  |
| SOUTHWEST AIRLINES CO.                   | 844741108 | 05/14/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         117000 |                0 | FOR         |                                   117000 | FOR                         |  |
| SPX TECHNOLOGIES, INC.                   | 78473E103 | 05/13/2025     | Approval of Named Executive Officers' Compensation, on a Non-binding Advisory Basis.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         115575 |                0 | FOR         |                                   115575 | FOR                         |  |
| SUNRISE COMMUNICATIONS                   | 867975104 | 05/13/2025     | Advisory Vote on the Compensation Report 2024                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            264 |                0 | FOR         |                                      264 | FOR                         |  |
| THE CHARLES SCHWAB CORPORATION           | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            450 |                0 | FOR         |                                      450 | FOR                         |  |
| THE COCA-COLA COMPANY                    | 191216100 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         218125 |                0 | FOR         |                                   218125 | FOR                         |  |
| THE SHYFT GROUP, INC.                    | 825698103 | 05/14/2025     | Approval, on an advisory basis, of the compensation of the Company's Named Executive Officers.                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         630657 |                0 | FOR         |                                   630657 | FOR                         |  |
| THE SHYFT GROUP, INC.                    | 825698103 | 06/17/2025     | The Advisory Compensation Proposal: Approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Merger.     | SECTION 14A SAY-ON-PAY VOTES |         791307 |                0 | FOR         |                                   791307 | FOR                         |  |
| THE WALT DISNEY COMPANY                  | 254687106 | 03/20/2025     | Consideration of an advisory vote to approve executive compensation.                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            925 |                0 | FOR         |                                      925 | FOR                         |  |
| UNUM GROUP                               | 91529Y106 | 05/22/2025     | To approve, on an advisory basis, the compensation of the company's named executive officers.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           2921 |                0 | FOR         |                                     2921 | FOR                         |  |
| VERIZON COMMUNICATIONS INC.              | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         385875 |                0 | FOR         |                                   385875 | FOR                         |  |
| WELLS FARGO  COMPANY                     | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         778901 |                0 | FOR         |                                   778901 | FOR                         |  |
| WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP | 929740108 | 05/15/2025     | Approve an advisory (non-binding) resolution to approve the 2024 named executive officer compensation.                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           3181 |                0 | FOR         |                                     3181 | FOR                         |  |
| XOMETRY, INC.                            | 98423F109 | 06/18/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement.                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         168840 |                0 | FOR         |                                   168840 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** SCHWERIN BOYLE CAPITAL MANAGEMENT INC

**By (Signature):** Rory O'Brien

**By (Printed Signature):** Rory O'Brien

**By (Title):** President, CCO

**Date:** 08/25/2025