# EDGAR Filing Document

**Accession Number:** 0001050463
**File Stem:** 0001050463-25-000004
**Filing Date:** 2025-8
**Character Count:** 38991
**Document Hash:** db0846ef8c792ca9a53b679d5c9e2a62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001050463-25-000004.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001050463-25-000004

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**EFFECTIVENESS DATE**: 20250827

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MORGAN DEMPSEY CAPITAL MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001050463

**ORGANIZATION NAME:**
- **EIN:** 391805798
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06620
- **FILM NUMBER:** 251263544

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HERITAGE RESERVE
- **STREET 2:** SUITE 200
- **CITY:** MENOMONEE FALLS
- **STATE:** WI
- **ZIP:** 53051
- **BUSINESS PHONE:** 414-319-1080

**MAIL ADDRESS:**
- **STREET 1:** 111 HERITAGE RESERVE
- **STREET 2:** SUITE 200
- **CITY:** MENOMONEE FALLS
- **STATE:** WI
- **ZIP:** 53051

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

## N-PX: Filer Information

**Filer CIK:** 0001050463

**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:** MORGAN DEMPSEY CAPITAL MANAGEMENT LLC

**Address:** 10850 W Park Place, Milwaukee, WI 53224

**Telephone number:** 414-319-1080

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-06620

**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?:**

- [ ] No

- [x] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 1

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ABBOTT LABORATORIES                    | 002824100 | 04/25/2025     | Say on Pay - An Advisory Vote on the Approval of Executive Compensation                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         61     |                0 | FOR         |                                   61     | FOR                         |  |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.  | 015271109 | 05/13/2025     | To cast a non-binding, advisory vote on a resolution to approve the compensation of the Company's named executive officers, as more particularly described in the accompanying Proxy Statement.              | SECTION 14A SAY-ON-PAY VOTES |      25910     |                0 | FOR         |                                25910     | FOR                         |  |
| ANTERO MIDSTREAM CORPORATION           | 03676B102 | 06/04/2025     | To approve, on an advisory basis, the compensation of Antero Midstream Corporation's named executive officers.                                                                                               | SECTION 14A SAY-ON-PAY VOTES |       3474.77  |                0 | FOR         |                                 3474.77  | FOR                         |  |
| APPLE INC.                             | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        330     |                0 | FOR         |                                  330     | FOR                         |  |
| AT INC.                                | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |     303667     |                0 | FOR         |                               303667     | FOR                         |  |
| ATN INTERNATIONAL, INC.                | 00215F107 | 06/17/2025     | To hold an advisory vote (known as a "Say on Pay" vote) to approve the compensation of the Company's named executive officers.                                                                               | SECTION 14A SAY-ON-PAY VOTES |       3317     |                0 | FOR         |                                 3317     | 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 |        800     |                0 | FOR         |                                  800     | FOR                         |  |
| BK TECHNOLOGIES CORPORATION            | 05587G203 | 06/18/2025     | To approve, on an advisory, non-binding basis, the compensation of our named executive officers.                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |       3374     |                0 | FOR         |                                 3374     | FOR                         |  |
| CATERPILLAR INC.                       | 149123101 | 06/11/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        180     |                0 | FOR         |                                  180     | FOR                         |  |
| CHEVRON CORPORATION                    | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      38997     |                0 | FOR         |                                38997     | FOR                         |  |
| CISCO SYSTEMS, INC.                    | 17275R102 | 12/09/2024     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |     130894     |                0 | FOR         |                               130894     | FOR                         |  |
| CITIGROUP INC.                         | 172967424 | 04/29/2025     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |     100652     |                0 | FOR         |                               100652     | FOR                         |  |
| COHU, INC.                             | 192576106 | 05/16/2025     | Advisory vote to approve Named Executive Officer compensation, or "Say-on-Pay."                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |       5073     |                0 | FOR         |                                 5073     | FOR                         |  |
| COSTCO WHOLESALE CORPORATION           | 22160K105 | 01/23/2025     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         11     |                0 | FOR         |                                   11     | FOR                         |  |
| CROWN CASTLE INC.                      | 22822V101 | 05/21/2025     | The non-binding, advisory vote to approve the compensation of the Company's named executive officers.                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      50646     |                0 | FOR         |                                50646     | FOR                         |  |
| CROWN CRAFTS, INC.                     | 228309100 | 08/13/2024     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      24994     |                0 | FOR         |                                24994     | FOR                         |  |
| CUMMINS INC.                           | 231021106 | 05/13/2025     | Advisory vote to approve the compensation of our named executive officers as disclosed in the proxy statement.                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      17734     |                0 | FOR         |                                17734     | FOR                         |  |
| DUKE ENERGY CORPORATION                | 26441C204 | 05/01/2025     | Advisory vote to approve Duke Energy's named executive officer compensation                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      43569     |                0 | FOR         |                                43569     | FOR                         |  |
| ELECTROMED, INC.                       | 285409108 | 11/15/2024     | To approve, on a non-binding and advisory basis, our executive compensation.                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |       5331     |                0 | FOR         |                                 5331     | FOR                         |  |
| ELI LILLY AND COMPANY                  | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        111.428 |                0 | FOR         |                                  111.428 | FOR                         |  |
| EMERSON ELECTRIC CO.                   | 291011104 | 02/04/2025     | Approval, by non-binding advisory vote, of Emerson Electric Co. executive compensation.                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        105     |                0 | FOR         |                                  105     | FOR                         |  |
| ENBRIDGE INC.                          | 29250N105 | 05/07/2025     | Accept Enbridge's approach to executive compensation, as disclosed in the Management Information Circular.                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        245     |                0 | FOR         |                                  245     | FOR                         |  |
| ENTERGY CORPORATION                    | 29364G103 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      96341     |                0 | FOR         |                                96341     | FOR                         |  |
| EVERSOURCE ENERGY                      | 30040W108 | 05/01/2025     | Consider an advisory proposal approving the compensation of our Named Executive Officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      75893     |                0 | FOR         |                                75893     | FOR                         |  |
| EXXON MOBIL CORPORATION                | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      61990     |                0 | FOR         |                                61990     | FOR                         |  |
| GENERAL DYNAMICS CORPORATION           | 369550108 | 05/07/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      18822     |                0 | FOR         |                                18822     | FOR                         |  |
| GENERAL MILLS, INC.                    | 370334104 | 09/24/2024     | Advisory Vote on Executive Compensation.                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      83900     |                0 | FOR         |                                83900     | FOR                         |  |
| HAMILTON INSURANCE GROUP LTD           | G42706104 | 05/15/2025     | Approve, on a non-binding, advisory basis, the fiscal 2024 compensation paid to our named executive officers.                                                                                                | SECTION 14A SAY-ON-PAY VOTES |       5153     |                0 | FOR         |                                 5153     | FOR                         |  |
| HASBRO, INC.                           | 418056107 | 05/21/2025     | Advisory Vote to Approve the Compensation of Hasbro's Named Executive Officers                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        138     |                0 | FOR         |                                  138     | FOR                         |  |
| HAWKINS, INC.                          | 420261109 | 07/31/2024     | Non-binding advisory vote to approve executive compensation ("say-on-pay").                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |       2513     |                0 | FOR         |                                 2513     | FOR                         |  |
| HEICO CORPORATION                      | 422806109 | 03/14/2025     | ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         47     |                0 | FOR         |                                   47     | FOR                         |  |
| HONEYWELL INTERNATIONAL INC.           | 438516106 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         62     |                0 | FOR         |                                   62     | 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 |         50     |                0 | FOR         |                                   50     | FOR                         |  |
| INTERNATIONAL BUSINESS MACHINES CORP.  | 459200101 | 04/29/2025     | Advisory Vote on Executive Compensation                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      23495     |                0 | FOR         |                                23495     | FOR                         |  |
| JOHNSON  JOHNSON                       | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      28552     |                0 | FOR         |                                28552     | FOR                         |  |
| KIMBALL ELECTRONICS, INC.              | 49428J109 | 11/15/2024     | To approve, by a non-binding, advisory vote, the compensation paid to the Company's Named Executive Officers.                                                                                                | SECTION 14A SAY-ON-PAY VOTES |       4942     |                0 | FOR         |                                 4942     | FOR                         |  |
| KIMBALL ELECTRONICS, INC.              | 49428J109 | 11/15/2024     | To approve, by a non-binding, advisory vote, the frequency of future advisory votes on the compensation paid to our Named Executive Officers.                                                                | SECTION 14A SAY-ON-PAY VOTES |       4942     |                0 | 1 YEAR      |                                 4942     | FOR                         |  |
| LOCKHEED MARTIN CORPORATION            | 539830109 | 05/09/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay)                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      12921     |                0 | FOR         |                                12921     | FOR                         |  |
| LYONDELLBASELL INDUSTRIES N.V.         | N53745100 | 05/23/2025     | Advisory Vote Approving Executive Compensation (Say-on-Pay)                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      51477     |                0 | FOR         |                                51477     | FOR                         |  |
| MAIN STREET CAPITAL CORPORATION        | 56035L104 | 05/05/2025     | Advisory non-binding approval of executive compensation.                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      76356     |                0 | FOR         |                                76356     | FOR                         |  |
| MARA HOLDINGS, INC.                    | 565788106 | 06/26/2025     | Non-binding, advisory vote on the compensation of our Named Executive Officers ("Say-on-Pay").                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        700     |                0 | FOR         |                                  700     | FOR                         |  |
| MCDONALD'S CORPORATION                 | 580135101 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      10631     |                0 | FOR         |                                10631     | FOR                         |  |
| MEDTRONIC PLC                          | G5960L103 | 10/17/2024     | Approving, on an advisory basis, the Company's executive compensation.                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      78241     |                0 | FOR         |                                78241     | 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 |      45483     |                0 | FOR         |                                45483     | 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 |        271.305 |                0 | FOR         |                                  271.305 | FOR                         |  |
| MONARCH CASINO  RESORT, INC.           | 609027107 | 06/06/2025     | To approve, on a non-binding, advisory basis, the executive compensation of our named executive officers.                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |       1317     |                0 | FOR         |                                 1317     | FOR                         |  |
| MONDELEZ INTERNATIONAL, INC.           | 609207105 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        154     |                0 | FOR         |                                  154     | FOR                         |  |
| MONOLITHIC POWER SYSTEMS, INC.         | 609839105 | 06/12/2025     | Approve, on an advisory basis, the 2024 executive compensation.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         19     |                0 | FOR         |                                   19     | FOR                         |  |
| MYR GROUP INC.                         | 55405W104 | 04/24/2025     | ADVISORY APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        878     |                0 | FOR         |                                  878     | FOR                         |  |
| NEXTERA ENERGY, INC.                   | 65339F101 | 05/22/2025     | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement.                                                                | SECTION 14A SAY-ON-PAY VOTES |        116     |                0 | FOR         |                                  116     | FOR                         |  |
| ORACLE CORPORATION                     | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         72     |                0 | FOR         |                                   72     | FOR                         |  |
| PEMBINA PIPELINE CORPORATION           | 706327103 | 05/09/2025     | To accept the Corporation's approach to executive compensation as disclosed in the Management Information Circular.                                                                                          | SECTION 14A SAY-ON-PAY VOTES |     151029     |                0 | FOR         |                               151029     | FOR                         |  |
| PEPSICO, INC.                          | 713448108 | 05/07/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         54     |                0 | FOR         |                                   54     | FOR                         |  |
| PERMA-FIX ENVIRONMENTAL SERVICES, INC. | 714157203 | 07/18/2024     | APPROVE, BY NON-BINDING VOTE, THE 2023 COMPENSATION OF THE NAMED EXECUTIVE OFFICERS                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      30388     |                0 | FOR         |                                30388     | FOR                         |  |
| PFIZER INC.                            | 717081103 | 04/24/2025     | 2025 advisory approval of executive compensation                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |     165360     |                0 | FOR         |                               165360     | FOR                         |  |
| PHILIP MORRIS INTERNATIONAL INC.       | 718172109 | 05/07/2025     | Advisory Vote Approving Executive Compensation                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      47887     |                0 | FOR         |                                47887     | FOR                         |  |
| PHILLIPS 66                            | 718546104 | 05/21/2025     | THE COMPANY'S PROPOSAL TO APPROVE, ON AN ADVISORY BASIS, THE COMPANY'S NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         87     |                0 | AGAINST     |                                   87     | NONE                        |  |
| PHILLIPS 66                            | 718546104 | 05/21/2025     | THE COMPANY'S PROPOSAL TO APPROVE, ON AN ADVISORY BASIS, THE FREQUENCY OF FUTURE SHAREHOLDER ADVISORY VOTES TO APPROVE EXECUTIVE COMPENSATION.                                                               | SECTION 14A SAY-ON-PAY VOTES |         87     |                0 | 1 YEAR      |                                   87     | NONE                        |  |
| PRUDENTIAL FINANCIAL, INC.             | 744320102 | 05/13/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      47998     |                0 | FOR         |                                47998     | FOR                         |  |
| RIO TINTO PLC                          | 767204100 | 04/03/2025     | Approval of the Directors' Remuneration Report: Implementation Report                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      46455     |                0 | FOR         |                                46455     | FOR                         |  |
| RIO TINTO PLC                          | 767204100 | 04/03/2025     | Approval of the Directors' Remuneration Report                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      46455     |                0 | FOR         |                                46455     | FOR                         |  |
| STARBUCKS CORPORATION                  | 855244109 | 03/12/2025     | Approve, on an advisory, nonbinding basis, the compensation of our named executive officers.                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      38608     |                0 | FOR         |                                38608     | 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 |         57     |                0 | FOR         |                                   57     | FOR                         |  |
| THE CIGNA GROUP                        | 125523100 | 04/23/2025     | Advisory approval of executive compensation                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         20     |                0 | FOR         |                                   20     | FOR                         |  |
| THE COCA-COLA COMPANY                  | 191216100 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      85838     |                0 | FOR         |                                85838     | FOR                         |  |
| THE HERSHEY COMPANY                    | 427866108 | 05/06/2025     | Approve named executive officer compensation on a non-binding advisory basis.                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          5     |                0 | FOR         |                                    5     | FOR                         |  |
| THE KRAFT HEINZ COMPANY                | 500754106 | 05/08/2025     | Advisory vote to approve executive compensation.                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |     137782     |                0 | FOR         |                               137782     | FOR                         |  |
| THE PROCTER  GAMBLE COMPANY            | 742718109 | 10/08/2024     | Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote).                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      29305.1   |                0 | FOR         |                                29305.1   | FOR                         |  |
| THE SOUTHERN COMPANY                   | 842587107 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      52691     |                0 | FOR         |                                52691     | FOR                         |  |
| THE TJX COMPANIES, INC.                | 872540109 | 06/10/2025     | Advisory approval of TJX's executive compensation (the say-on-pay vote)                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        122     |                0 | FOR         |                                  122     | FOR                         |  |
| THERMO FISHER SCIENTIFIC INC.          | 883556102 | 05/21/2025     | An advisory vote to approve named executive officer compensation.                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |         10     |                0 | FOR         |                                   10     | FOR                         |  |
| UFP TECHNOLOGIES, INC.                 | 902673102 | 06/04/2025     | To vote on a non-binding advisory resolution to approve the compensation of our named executive officers.                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        897     |                0 | FOR         |                                  897     | FOR                         |  |
| UFP TECHNOLOGIES, INC.                 | 902673102 | 06/04/2025     | To vote on a non-binding advisory resolution on the frequency of future advisory votes on the compensation of our named executive officers.                                                                  | SECTION 14A SAY-ON-PAY VOTES |        897     |                0 | 3 YEARS     |                                  897     | FOR                         |  |
| ULTRA CLEAN HOLDINGS, INC.             | 90385V107 | 05/21/2025     | Approval, by an advisory vote, of the compensation of Ultra Clean Holdings, Inc.'s named executive officers for fiscal 2024 as disclosed in our proxy statement for the 2025 Annual Meeting of Stockholders. | SECTION 14A SAY-ON-PAY VOTES |       5728     |                0 | FOR         |                                 5728     | 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 |      36510     |                0 | FOR         |                                36510     | FOR                         |  |
| VAALCO ENERGY, INC.                    | 91851C201 | 06/05/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      68119     |                0 | FOR         |                                68119     | FOR                         |  |
| VERIZON COMMUNICATIONS INC.            | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |     124046     |                0 | FOR         |                               124046     | FOR                         |  |
| VISA INC.                              | 92826C839 | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |        160     |                0 | FOR         |                                  160     | FOR                         |  |
| VOYA FINANCIAL, INC.                   | 929089100 | 05/22/2025     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      39106     |                0 | FOR         |                                39106     | FOR                         |  |
| WEC ENERGY GROUP, INC.                 | 92939U106 | 05/08/2025     | Advisory vote to approve executive compensation of the named executive officers                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      67268     |                0 | FOR         |                                67268     | FOR                         |  |
| WELLS FARGO  COMPANY                   | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      61246     |                0 | FOR         |                                61246     | FOR                         |  |
| WEST PHARMACEUTICAL SERVICES, INC.     | 955306105 | 05/06/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         14     |                0 | FOR         |                                   14     | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** MORGAN DEMPSEY CAPITAL MANAGEMENT LLC

**By (Signature):** David Durham

**By (Printed Signature):** David Durham

**By (Title):** Principal

**Date:** 08/27/2025