# EDGAR Filing Document

**Accession Number:** 0002007877
**File Stem:** 0001398344-25-016009
**Filing Date:** 2025-8
**Character Count:** 17155
**Document Hash:** a945a8b41db13c3990b1b56ef4578a13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-016009.hdr.sgml**: 20250818

**ACCESSION NUMBER**: 0001398344-25-016009

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250818

**EFFECTIVENESS DATE**: 20250818

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LB Partners LLC
- **CENTRAL INDEX KEY:** 0002007877

**ORGANIZATION NAME:**
- **EIN:** 844244588
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23541
- **FILM NUMBER:** 251227100

**BUSINESS ADDRESS:**
- **STREET 1:** 411-413A EAST MAIN STREET
- **CITY:** CHARLOTTESVILLE
- **STATE:** VA
- **ZIP:** 22902
- **BUSINESS PHONE:** 434-886-1101

**MAIL ADDRESS:**
- **STREET 1:** 411-413A EAST MAIN STREET
- **CITY:** CHARLOTTESVILLE
- **STATE:** VA
- **ZIP:** 22902

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

## N-PX: Filer Information

**Filer CIK:** 0002007877

**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:** LB Partners LLC

**Address:** 411-413A EAST MAIN STREET, CHARLOTTESVILLE, VA 22902

**Telephone number:** 434-886-1101

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-23541

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| AMERICAN EXPRESS COMPANY                | 025816109 | 04/29/2025     | Approval, on an advisory basis, of the Company's executive compensation.                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  32000           |                0 | FOR         |                          32000           | FOR                         |  |
| AMPLIFY ENERGY CORP.                    | 03212B103 | 06/13/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   2200           |                0 | FOR         |                           2200           | FOR                         |  |
| APARTMENT INVESTMENT AND MANAGEMENT CO. | 03748R747 | 06/10/2025     | To conduct an advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   3000           |                0 | FOR         |                           3000           | FOR                         |  |
| BLACK STONE MINERALS L P                | 09225M101 | 06/12/2025     | Approval on a non-binding advisory basis, of the compensation of the executive officers of Black Stone Minerals, L.P.'s general partner for the year ended December 31, 2024.                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  10000           |                0 | FOR         |                          10000           | FOR                         |  |
| CAMDEN PROPERTY TRUST                   | 133131102 | 05/09/2025     | Approval, by an advisory vote, of executive compensation.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   1000           |                0 | FOR         |                           1000           | FOR                         |  |
| CONSTELLATION SOFTWARE INC.             | 21037X100 | 05/13/2025     | An advisory vote to accept the Corporation's approach to executive compensation as more particularly described in the accompanying management information circular.                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |    400           |                0 | FOR         |                            400           | FOR                         |  |
| DIGITALBRIDGE GROUP, INC.               | 25401T603 | 05/23/2025     | To approve, on a non-binding, advisory basis, named executive officer compensation.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 335000           |                0 | FOR         |                         335000           | FOR                         |  |
| DISCOVER FINANCIAL SERVICES             | 254709108 | 02/18/2025     | Approval of, on an advisory (non-binding) basis, the merger related compensation payments that will or may be paid to named executive officers of Discover in connection with the transactions contemplated by the merger agreement.                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  46350           |                0 | FOR         |                          46350           | FOR                         |  |
| ELASTIC N.V.                            | N14506104 | 10/01/2024     | Non-binding advisory vote on the compensation of the Company's named executive officers as described in the proxy statement.                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  15000           |                0 | FOR         |                          15000           | FOR                         |  |
| FRP HOLDINGS, INC.                      | 30292L107 | 05/12/2025     | Approval of, on an advisory basis, the compensation of FRP's named executive officers (the "Compensation Proposal")                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 125802           |                0 | FOR         |                         125802           | FOR                         |  |
| GLOBAL SELF STORAGE, INC.               | 37955N106 | 06/09/2025     | To approve, on a non-binding, advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   5000           |                0 | FOR         |                           5000           | FOR                         |  |
| GOGO INC.                               | 38046C109 | 06/12/2025     | Non-binding advisory vote approving 2024 executive compensation.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      2.23169e+06 |                0 | FOR         |                              2.23169e+06 | FOR                         |  |
| INTERNATIONAL MONEY EXPRESS, INC.       | 46005L101 | 06/20/2025     | Approval of a non-binding advisory resolution regarding the compensation of the named executive officers of International Money Express, Inc.                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 130000           |                0 | FOR         |                         130000           | FOR                         |  |
| LIQUIDIA CORPORATION                    | 53635D202 | 06/17/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 199934           |                0 | FOR         |                         199934           | FOR                         |  |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | 59522J103 | 05/20/2025     | Advisory (non-binding) vote to approve the compensation of our named executive officers as disclosed in the proxy statement.                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |   1200           |                0 | FOR         |                           1200           | FOR                         |  |
| OPEN LENDING CORPORATION                | 68373J104 | 05/21/2025     | To hold a nonbinding advisory vote on the compensation of our named executive officers                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   5000           |                0 | FOR         |                           5000           | FOR                         |  |
| REMITLY GLOBAL, INC.                    | 75960P104 | 06/11/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 573270           |                0 | FOR         |                         573270           | FOR                         |  |
| RETAIL OPPORTUNITY INVESTMENTS CORP.    | 76131N101 | 02/07/2025     | Proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to our principal executive officer, principal financial officer, and the three other most highly compensated executive officers that is based on or otherwise related to the company merger as more fully described in the Proxy Statement. | SECTION 14A SAY-ON-PAY VOTES |   2000           |                0 | FOR         |                           2000           | FOR                         |  |
| S GLOBAL INC.                           | 78409V104 | 05/07/2025     | Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement.                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |    750           |                0 | FOR         |                            750           | FOR                         |  |
| SPRINGWORKS THERAPEUTICS INC            | 85205L107 | 05/14/2025     | Non-binding advisory vote on executive compensation                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  25000           |                0 | FOR         |                          25000           | FOR                         |  |
| THRYV HOLDINGS, INC.                    | 886029206 | 06/12/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 209705           |                0 | FOR         |                         209705           | FOR                         |  |
| TRIPLE FLAG PRECIOUS METALS CORP.       | 89679M104 | 05/07/2025     | Say on Pay Resolution Vote on the advisory resolution on the approach to executive compensation.                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  14913           |                0 | FOR         |                          14913           | FOR                         |  |
| WARNER BROS. DISCOVERY, INC.            | 934423104 | 06/02/2025     | To vote on an advisory resolution to approve the 2024 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote.                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   5000           |                0 | FOR         |                           5000           | FOR                         |  |
| WIDEOPENWEST, INC.                      | 96758W101 | 05/08/2025     | Approve, by non-binding advisory vote, the Company's executive compensation.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      5.3774e+06  |                0 | FOR         |                              5.3774e+06  | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** LB Partners LLC

**By (Signature):** Charles P. Cocke Jr.

**By (Printed Signature):** Charles P. Cocke Jr.

**By (Title):** Managing Member

**Date:** 08/18/2025