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Form N-PX · institutional managerSEC filer no. 1334199

Cambridge Financial Group, Inc.

institutional manager voting report

Vote records reported
18,181year to 30 June 2025
Against management
32.1%5,830 of 18,181 marked votes
Say-on-pay support
74.6%for, of for + against + abstain
Shareholder-proposal support
50.8%for, of for + against + abstain
67.7% for31.5% against0.8% other32.1% against management18,181 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

Cambridge Financial Group, Inc. reported 18,181 vote records for the year to 30 June 2025. It marked 32.1% of its votes as cast against management (5,830 of 18,181), 24.5 percentage points above the median institutional manager, which was 7.5%.

Weighted by the number of shares voted, the against-management share is 29.4%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 74.6% of the section 14A say-on-pay items it reported (the median institutional manager: 91.3%) and it voted for 50.8% of the proposals put forward by security holders (the median institutional manager: 17.6%).

By category, votes against management were most frequent in AUDIT-RELATED (97.4% of 1,210), HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (74.6% of 138) and CORPORATE GOVERNANCE (53.2% of 940).

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 2,562 institutional managers with at least 25 vote records in the season.

year to 30 June 2025This filerMedian institutional managerAll filers pooled
Against-management share32.1%7.5%9.7%
Say-on-pay support rate74.6%91.3%84.3%
Shareholder-proposal support rate50.8%17.6%33.0%
Shares on loan, share of shares held0.00%0.00%2.20%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS11,8968,8912,90125.3%
SECTION 14A SAY-ON-PAY VOTES1,20987429824.6%
AUDIT-RELATED1,210321,17897.4%
SHAREHOLDER RIGHTS AND DEFENSES342342023.7%
EXTRAORDINARY TRANSACTIONS1100.0%
CAPITAL STRUCTURE767600.0%
COMPENSATION3672858231.6%
CORPORATE GOVERNANCE94061132953.2%
ENVIRONMENT OR CLIMATE2143717717.3%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1381033574.6%
OTHER SOCIAL ISSUES2853525012.3%
OTHER1,6121,10050832.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202518,18132.1%74.6%50.8%

Only one season is on file for this entry so far. The structured Form N-PX began with the year to 30 June 2024.

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Cambridge Financial Group, Inc. voted against management on 11 of the 38 it marked either way (28.9%) in the year to 30 June 2025.

Shareholder proposals it supported

Of 48 proposals from security holders that could be told apart in the filings and on which it cast a vote, Cambridge Financial Group, Inc. voted for 24 (50.0%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Microsoft Corporation10 Dec 2024Report on Data Operations in Human Rights Hotspots
Microsoft Corporation10 Dec 2024Report on AI Misinformation and Disinformation
Microsoft Corporation10 Dec 2024Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production
NVIDIA Corporation25 Jun 2025Approval of a stockholder proposal to modify existing reporting on workforce data.
NVIDIA Corporation25 Jun 2025S/H Proposal - Corporate Governance
NVIDIA Corporation25 Jun 2025Amend Right to Call Special Meeting
AbbVie Inc.9 May 2025Stockholder Proposal - to Implement Simple Majority Vote
Bank of America Corporation22 Apr 2025Shareholder proposal requesting disclosure of energy financing ratio
Bank of America Corporation22 Apr 2025Shareholder proposal requesting report on risks of politicized de-banking
McDonald's Corporation20 May 2025Advisory Vote on Disclosure on Climate Transition Plans.
McDonald's Corporation20 May 2025Advisory Vote on Report Related to Oversight of Advertising Risks.
Texas Instruments Incorporated17 Apr 2025Stockholder proposal to permit a combined 10% of stockholders to call a special meeting.
GE Aerospace6 May 2025Shareholder Proposal Requesting Vote on Severance Payments
Citigroup Inc.29 Apr 2025Stockholder proposal requesting a shareholder vote regarding excessive golden parachutes.
Citigroup Inc.29 Apr 2025Report on Respecting Indigenous Peoples' Rights
Target Corporation11 Jun 2025Shareholder proposal requesting a report on how affirmative action initiatives impact Target's risks...
PayPal Holdings, Inc.5 Jun 2025Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders.
FedEx Corporation23 Sep 2024Stockholder proposal regarding a Just Transition report.
FedEx Corporation23 Sep 2024Shareholder proposal: CORPORATE GOVERNANCE
Marathon Petroleum Corporation30 Apr 2025Shareholder proposal to support a simple majority vote.
Cardinal Health, Inc.6 Nov 2024Corporate governance
Best Buy Co., Inc.13 Jun 2025To vote on a shareholder proposal entitled "Support for Shareholder Right to Act by Written Consent"
Best Buy Co., Inc.13 Jun 2025Diversity, equity and inclusion
Juniper Networks, Inc.28 May 2025To vote on a stockholder proposal, if properly presented at the meeting, requesting that the Company...

Shares on loan

Cambridge Financial Group, Inc. reported no shares on loan for the year to 30 June 2025. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

The filings

These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.

Questions

How did Cambridge Financial Group, Inc. vote on executive pay?

In the year to 30 June 2025 Cambridge Financial Group, Inc. reported 1,172 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 874 were for (74.6%), 298 against and 0 abstentions. Counting one item per company meeting, it voted against management on 11 of the 38 say-on-pay items it marked either way.

How often does Cambridge Financial Group, Inc. vote against management?

32.1% of the time in the year to 30 June 2025: 5,830 of the 18,181 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 30 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Cambridge Financial Group, Inc. (filer no. 1334199), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 30 Sep 2026; page built 1 Oct 2026.