# EDGAR Filing Document

**Accession Number:** 0001803088
**File Stem:** 0001803088-25-000008
**Filing Date:** 2025-8
**Character Count:** 11507
**Document Hash:** b4d5d86c3060c8a7032c93ccee737c88
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001803088-25-000008.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001803088-25-000008

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Walnut Level Capital LLC
- **CENTRAL INDEX KEY:** 0001803088

**ORGANIZATION NAME:**
- **EIN:** 844241195
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23883
- **FILM NUMBER:** 251278023

**BUSINESS ADDRESS:**
- **STREET 1:** 1221 SOUTH CLARKSON STREET
- **STREET 2:** SUITE 205
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80210
- **BUSINESS PHONE:** 303-381-4921

**MAIL ADDRESS:**
- **STREET 1:** 1221 SOUTH CLARKSON STREET
- **STREET 2:** SUITE 205
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80210

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

## N-PX: Filer Information

**Filer CIK:** 0001803088

**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:** Walnut Level Capital LLC

**Address:** 1221 SOUTH CLARKSON STREET, DENVER, CO 80210

**Telephone number:** 303-381-0156

**Name of agent for service:** Institutional Shareholder Services

**Agent Address:** 75 Federal Street, 12th Floor, Suite 120, Boston, MA 02110

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

**SEC File Number:** 028-23883

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Lamb Weston Holdings, Inc.       | 513272104 | 09/26/2024     | Advisory Vote to Approve Executive Compensation.                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |              9 |                0 | FOR         |                                        9 | FOR                         |  |
| Air Products and Chemicals, Inc. | 009158106 | 01/23/2025     | Advisory Vote Approving the Compensation of the Company's Executive Officers.                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NONE        |                                        0 | NONE                        |  |
| Air Products and Chemicals, Inc. | 009158106 | 01/23/2025     | An advisory vote to approve the compensation of the Company's named executive officers.                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           5652 |                0 | FOR         |                                     5652 | NONE                        |  |
| Hormel Foods Corporation         | 440452100 | 01/28/2025     | Approve the Named Executive Officer compensation as disclosed in the Company's 2025 annual meeting proxy statement.                                                                        | SECTION 14A SAY-ON-PAY VOTES |            227 |                0 | FOR         |                                      227 | FOR                         |  |
| Dow Inc.                         | 260557103 | 04/10/2025     | Advisory Resolution to Approve Executive Compensation                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         116278 |                0 | FOR         |                                   116278 | FOR                         |  |
| Mission Produce, Inc.            | 60510V108 | 04/10/2025     | To approve the compensation of our named executive officers.                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         575217 |                0 | FOR         |                                   575217 | FOR                         |  |
| PPG Industries, Inc.             | 693506107 | 04/17/2025     | Approve the compensation of the Company's named executive officers on an advisory basis                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          17155 |                0 | FOR         |                                    17155 | FOR                         |  |
| Huntsman Corporation             | 447011107 | 04/30/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         405049 |                0 | FOR         |                                   405049 | FOR                         |  |
| Eastman Chemical Company         | 277432100 | 05/01/2025     | Advisory Approval of Executive Compensation as Disclosed in Proxy Statement                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          24573 |                0 | FOR         |                                    24573 | FOR                         |  |
| Olin Corporation                 | 680665205 | 05/01/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          26380 |                0 | FOR         |                                    26380 | FOR                         |  |
| Darling Ingredients Inc.         | 237266101 | 05/07/2025     | Advisory vote to approve, on an advisory basis, executive compensation.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |          25839 |                0 | FOR         |                                    25839 | FOR                         |  |
| Avient Corporation               | 05368V106 | 05/14/2025     | Approval, on an advisory basis, of Named Executive Officer compensation.                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         165546 |                0 | FOR         |                                   165546 | FOR                         |  |
| DuPont de Nemours, Inc.          | 26614N102 | 05/22/2025     | Advisory Resolution to Approve Executive Compensation                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          42717 |                0 | FOR         |                                    42717 | FOR                         |  |
| Mohawk Industries, Inc.          | 608190104 | 05/22/2025     | Advisory vote to approve executive compensation, as disclosed in the Company's Proxy Statement for the 2025 Annual Meeting of Stockholders.                                                | SECTION 14A SAY-ON-PAY VOTES |           1868 |                0 | FOR         |                                     1868 | FOR                         |  |
| The Mosaic Company               | 61945C103 | 05/29/2025     | An advisory vote to approve the compensation of our named executive officers as disclosed in the Proxy Statement.                                                                          | SECTION 14A SAY-ON-PAY VOTES |          16676 |                0 | FOR         |                                    16676 | FOR                         |  |
| Smithfield Foods, Inc.           | 832248207 | 06/03/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers in fiscal year 2024                                                                                | SECTION 14A SAY-ON-PAY VOTES |          40999 |                0 | FOR         |                                    40999 | FOR                         |  |
| Smithfield Foods, Inc.           | 832248207 | 06/03/2025     | To approve, on an advisory basis, the frequency of future advisory votes to approve named executive officer compensation                                                                   | SECTION 14A SAY-ON-PAY VOTES |          40999 |                0 | ONE YEAR    |                                    40999 | FOR                         |  |
| Calumet, Inc.                    | 131428104 | 06/10/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers.                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          10989 |                0 | FOR         |                                    10989 | FOR                         |  |
| Calumet, Inc.                    | 131428104 | 06/10/2025     | To vote, on a non-binding, advisory basis, on the frequency of future stockholder advisory votes to approve the compensation of the Company's named executive officers.                    | SECTION 14A SAY-ON-PAY VOTES |          10989 |                0 | ONE YEAR    |                                    10989 | FOR                         |  |
| Orion S.A.                       | L72967109 | 06/26/2025     | Approval, on a non-binding advisory basis, of the compensation paid to the Company's named executive officers for 2024 (Say-on-Pay vote) as disclosed in the accompanying proxy statement. | SECTION 14A SAY-ON-PAY VOTES |         734946 |                0 | FOR         |                                   734946 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Walnut Level Capital LLC

**By (Signature):** ERIC BRODY

**By (Printed Signature):** ERIC BRODY

**By (Title):** CHIEF OPERATING OFFICER

**Date:** 08/29/2025