# EDGAR Filing Document

**Accession Number:** 0001034541
**File Stem:** 0001398344-25-015494
**Filing Date:** 2025-8
**Character Count:** 29188
**Document Hash:** c13ebd6ded068c51f41211a8db80977a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-015494.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001398344-25-015494

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIMUCUAN ASSET MANAGEMENT INC/FL
- **CENTRAL INDEX KEY:** 0001034541

**ORGANIZATION NAME:**
- **EIN:** 592985285
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06184
- **FILM NUMBER:** 251216379

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST FORSYTH STREET
- **STREET 2:** SUITE 1600
- **CITY:** JACKSONVILLE
- **STATE:** FL
- **ZIP:** 32202
- **BUSINESS PHONE:** 9043561739

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 52898
- **CITY:** JACKSONVILLE
- **STATE:** FL
- **ZIP:** 32201

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

## N-PX: Filer Information

**Filer CIK:** 0001034541

**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:** TIMUCUAN ASSET MANAGEMENT INC/FL

**Address:** 200 WEST FORSYTH STREET, JACKSONVILLE, FL 32201

**Telephone number:** 904-356-1739

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-06184

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AMAZON.COM, INC.                  | 023135106 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |   2560           |                0 | FOR         |                           2560           | 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 | 782915           |                0 | FOR         |                         782915           | FOR                         |  |
| ANALOG DEVICES, INC.              | 032654105 | 03/12/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 903707           |                0 | FOR         |                         903707           | FOR                         |  |
| APPLE INC.                        | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |    128           |                0 | FOR         |                            128           | FOR                         |  |
| 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 |      1.13268e+06 |                0 | FOR         |                              1.13268e+06 | FOR                         |  |
| ARMSTRONG WORLD INDUSTRIES, INC.  | 04247X102 | 06/12/2025     | To approve, on an advisory basis, our executive compensation program.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 822700           |                0 | FOR         |                         822700           | FOR                         |  |
| ASBURY AUTOMOTIVE GROUP, INC.     | 043436104 | 05/13/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 688880           |                0 | FOR         |                         688880           | 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 |   6507           |                0 | FOR         |                           6507           | FOR                         |  |
| BOOKING HOLDINGS INC.             | 09857L108 | 06/03/2025     | Advisory vote to approve 2024 executive compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  47898           |                0 | FOR         |                          47898           | FOR                         |  |
| BURFORD CAPITAL LIMITED           | G17977110 | 05/14/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement for the 2025 annual general meeting of shareholders under "Executive compensation", including the compensation discussion and analysis, the compensation tables and the related narrative discussion included therein ("Say-on-Pay"). | SECTION 14A SAY-ON-PAY VOTES |      1.10321e+06 |                0 | FOR         |                              1.10321e+06 | FOR                         |  |
| CASCADES INC.                     | 146900105 | 05/08/2025     | To consider and, if deemed advisable, approve, on an advisory basis, a resolution accepting the Corporation's approach to executive compensation.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 170000           |                0 | FOR         |                         170000           | FOR                         |  |
| CHEVRON CORPORATION               | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |    500           |                0 | FOR         |                            500           | FOR                         |  |
| CLARIVATE PLC                     | G21810109 | 05/07/2025     | APPROVAL, ON AN ADVISORY, NON-BINDING BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      2.00088e+06 |                0 | FOR         |                              2.00088e+06 | FOR                         |  |
| COSTCO WHOLESALE CORPORATION      | 22160K105 | 01/23/2025     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |    700           |                0 | FOR         |                            700           | FOR                         |  |
| EXACT SCIENCES CORPORATION        | 30063P105 | 06/12/2025     | To approve, on an advisory basis, the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   1589           |                0 | FOR         |                           1589           | FOR                         |  |
| EXXON MOBIL CORPORATION           | 30231G102 | 05/28/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |    850           |                0 | FOR         |                            850           | FOR                         |  |
| FIRST HORIZON CORPORATION         | 320517105 | 04/29/2025     | Approval of an advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |    630           |                0 | FOR         |                            630           | 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 | 883300           |                0 | FOR         |                         883300           | FOR                         |  |
| FLOOR  DECOR HOLDINGS, INC.       | 339750101 | 05/07/2025     | Approve, by non-binding vote, the compensation paid to the Company's named executive officers for the 2024 fiscal year.                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      1.75747e+06 |                0 | FOR         |                              1.75747e+06 | FOR                         |  |
| FORWARD AIR CORPORATION           | 349853101 | 06/11/2025     | 14A Executive Compensation                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 714384           |                0 | FOR         |                         714384           | FOR                         |  |
| FRANKLIN BSP REALTY TRUST, INC.   | 35243J101 | 05/28/2025     | ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |     28           |                0 | FOR         |                             28           | 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 |  15000           |                0 | FOR         |                          15000           | FOR                         |  |
| GILEAD SCIENCES, INC.             | 375558103 | 05/07/2025     | To approve, on an advisory basis, the compensation of our Named Executive Officers as presented in the Proxy Statement.                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |   1400           |                0 | FOR         |                           1400           | FOR                         |  |
| INSTALLED BUILDING PRODUCTS, INC. | 45780R101 | 05/20/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 376774           |                0 | FOR         |                         376774           | FOR                         |  |
| LAKELAND FINANCIAL CORPORATION    | 511656100 | 04/08/2025     | APPROVAL, by non-binding vote, of the Company's compensation of certain executive officers.                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 189911           |                0 | FOR         |                         189911           | 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 |   6145           |                0 | FOR         |                           6145           | FOR                         |  |
| MOELIS  COMPANY                   | 60786M105 | 06/05/2025     | To approve, on an advisory basis, the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.37084e+06 |                0 | FOR         |                              1.37084e+06 | FOR                         |  |
| NVIDIA CORPORATION                | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |    408           |                0 | FOR         |                            408           | FOR                         |  |
| NVR, INC.                         | 62944T105 | 05/06/2025     | Advisory vote to approve compensation paid to certain executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  10910           |                0 | FOR         |                          10910           | FOR                         |  |
| PATRICK INDUSTRIES, INC.          | 703343103 | 05/15/2025     | To approve, in an advisory and non-binding vote, the compensation of the Company's named executive officers for fiscal year 2024.                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 136000           |                0 | FOR         |                         136000           | FOR                         |  |
| QUALCOMM INCORPORATED             | 747525103 | 03/18/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |    200           |                0 | FOR         |                            200           | FOR                         |  |
| REGENCY CENTERS CORPORATION       | 758849103 | 05/07/2025     | Approval, in an advisory vote, of the Company's executive compensation.                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |   5750           |                0 | FOR         |                           5750           | FOR                         |  |
| SMURFIT WESTROCK PLC              | G8267P108 | 05/02/2025     | Approve, in a non-binding, advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  36400           |                0 | FOR         |                          36400           | FOR                         |  |
| SOMNIGROUP INTERNATIONAL INC.     | 88023U101 | 05/14/2025     | ADVISORY VOTE TO APPROVE THE COMPENSATION OF NAMED EXECUTIVE OFFICERS.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      4.12497e+06 |                0 | FOR         |                              4.12497e+06 | FOR                         |  |
| THE CHARLES SCHWAB CORPORATION    | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      3.16345e+06 |                0 | FOR         |                              3.16345e+06 | FOR                         |  |
| THE ESTEE LAUDER COMPANIES INC.   | 518439104 | 11/08/2024     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |    150           |                0 | FOR         |                            150           | FOR                         |  |
| THE PROGRESSIVE CORPORATION       | 743315103 | 05/09/2025     | Cast an advisory vote to approve our executive compensation program.                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      1.02716e+06 |                0 | FOR         |                              1.02716e+06 | FOR                         |  |
| THOR INDUSTRIES, INC.             | 885160101 | 12/20/2024     | Non-binding advisory vote to approve the compensation of our named executive officers (NEOs).                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      1.6652e+06  |                0 | FOR         |                              1.6652e+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 |   7524           |                0 | FOR         |                           7524           | FOR                         |  |
| VALMONT INDUSTRIES, INC.          | 920253101 | 04/28/2025     | Advisory approval of the company's executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |     48           |                0 | FOR         |                             48           | 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 |   1800           |                0 | FOR         |                           1800           | FOR                         |  |
| WELLS FARGO  COMPANY              | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |    729           |                0 | FOR         |                            729           | FOR                         |  |
| WHIRLPOOL CORPORATION             | 963320106 | 04/15/2025     | Advisory vote to approve Whirlpool Corporation's executive compensation.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   7500           |                0 | FOR         |                           7500           | 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 |      2.46987e+06 |                0 | FOR         |                              2.46987e+06 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** TIMUCUAN ASSET MANAGEMENT INC/FL

**By (Signature):** James Franco

**By (Printed Signature):** James Franco

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

**Date:** 08/14/2025