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Capitol Series Trust
fund voting report
- Vote records reported
- 6,450year to 30 June 2026
- Against management
- 6.1%391 of 6,394 marked votes
- Say-on-pay support
- 93.9%for, of for + against + abstain
- Shareholder-proposal support
- 35.7%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Capitol Series Trust reported 6,450 vote records for the year to 30 June 2026. It marked 6.1% of its votes as cast against management (391 of 6,394), close to the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 5.8%. 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 93.9% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 35.7% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in ENVIRONMENT OR CLIMATE (33.3% of 24), CORPORATE GOVERNANCE (31.1% of 190) and SHAREHOLDER RIGHTS AND DEFENSES (30.3% of 33).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 6.1% | 6.2% | 10.6% |
| Say-on-pay support rate | 93.9% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 35.7% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 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) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 4,597 | 4,393 | 40 | 3.9% | |
| SECTION 14A SAY-ON-PAY VOTES | 597 | 523 | 33 | 5.7% | |
| AUDIT-RELATED | 580 | 538 | 0 | 6.8% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 34 | 27 | 6 | 30.3% | |
| EXTRAORDINARY TRANSACTIONS | 32 | 26 | 6 | 12.5% | |
| CAPITAL STRUCTURE | 87 | 78 | 8 | 9.3% | |
| COMPENSATION | 231 | 184 | 38 | 17.6% | |
| CORPORATE GOVERNANCE | 208 | 138 | 51 | 31.1% | |
| ENVIRONMENT OR CLIMATE | 24 | 7 | 16 | 33.3% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 24 | 3 | 19 | 20.8% | |
| DIVERSITY, EQUITY, AND INCLUSION | 8 | 0 | 8 | 0.0% | |
| OTHER SOCIAL ISSUES | 57 | 10 | 46 | 15.8% | |
| OTHER | 8 | 5 | 3 | 14.3% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 7,059 | 6.2% | 94.4% | 24.3% | |
| year to 30 June 2025 | 8,090 | 5.2% | 93.9% | 22.4% | |
| year to 30 June 2026 | 6,450 | 6.1% | 93.9% | 35.7% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Capitol Series Trust voted against management on 29 of the 453 it marked either way (6.4%) in the year to 30 June 2026.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Salesforce, Inc. 28 May 2026
- The Bank of New York Mellon Corporation 14 Apr 2026
- Omnicom Group Inc. 5 May 2026
- Cloudflare, Inc. 30 Jun 2026
- Fidelity National Information Services, Inc. 10 Jun 2026
- Global Payments Inc. 30 Apr 2026
- Graco Inc. 24 Apr 2026
- Corpay, Inc. 7 May 2026
- Qorvo, Inc. 13 Aug 2025
- Match Group, Inc. 16 Jun 2026
- CRISPR THERAPEUTICS AG 4 Jun 2026
- Chemed Corporation 18 May 2026
- SiTime Corporation 29 May 2026
- Trex Company, Inc. 28 Apr 2026
- SharkNinja, Inc. 18 Jun 2026
- Hamilton Lane Incorporated 4 Sep 2025
- IPG Photonics Corporation 12 May 2026
- nLIGHT, Inc. 5 Jun 2026
- Berkshire Hills Bancorp, Inc. 13 May 2026
- Lineage, Inc. 9 Jun 2026
- Red Rock Resorts, Inc. 4 Jun 2026
- FIGS, Inc. 3 Jun 2026
- Cerence Inc. 12 Feb 2026
- Gogo Inc. 28 May 2026
- Emergent BioSolutions Inc. 29 Apr 2026
- Target Hospitality Corp. 21 May 2026
- Limoneira Company 25 Mar 2026
Shareholder proposals it supported
Of 150 proposals from security holders that could be told apart in the filings and on which it cast a vote, Capitol Series Trust voted for 59 (39.3%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the... |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on data privacy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on water usage and AI development |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding AI Board oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on impact of U.S. immigration policy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding an enhanced disclosure on climate goals |
| Mastercard Incorporated | 16 Jun 2026 | Consideration of a stockholder proposal regarding shareholder right to act by written consent |
| Mastercard Incorporated | 16 Jun 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Biodiversity Impact and Dependency Assessment |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Report on Customer Data Privacy Risks |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Report on Packaging Policies for Plastics |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Independent Board Chair |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| Lam Research Corporation | 4 Nov 2025 | Stockholder proposal titled "Realistic Shareholder Ability to Call for a Special Shareholder Meeting," |
| Analog Devices, Inc. | 11 Mar 2026 | To consider a shareholder proposal |
| Vertex Pharmaceuticals Incorporated | 13 May 2026 | Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written... |
| The Sherwin-Williams Company | 22 Apr 2026 | Shareholder Proposal Regarding Shareholder Ability to Call a Special Meeting |
| O'Reilly Automotive, Inc. | 14 May 2026 | Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." |
| Cintas Corporation | 28 Oct 2025 | A shareholder proposal regarding support for shareholder ability to call for a special shareholder meeting. |
| eBay Inc. | 17 Jun 2026 | Special stockholder meeting threshold |
| CBRE Group, Inc. | 21 May 2026 | Stockholder proposal regarding our stockholders' ability to call special stockholder meetings. |
| The Hartford Insurance Group, Inc. | 20 May 2026 | Shareholder proposal that the Company adopt written consent rights for shareholders |
| Dollar General Corporation | 28 May 2026 | To vote on a shareholder proposal asking the Board to take the steps necessary to reduce the minimum... |
| Cognizant Technology Solutions Corporation | 2 Jun 2026 | Shareholder proposal to adopt shareholder right to act by written consent |
| PPG Industries, Inc. | 16 Apr 2026 | Shareholder proposal to adopt a policy requiring an independent board chair |
| Verisk Analytics, Inc. | 19 May 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent. |
| Edison International | 23 Apr 2026 | Shareholder Proposal Regarding Retention of Equity |
| CMS Energy Corporation | 8 May 2026 | Vote on a Shareholder Proposal: Shareholder Right to Act by Written Consent. |
| Steel Dynamics, Inc. | 6 May 2026 | Shareholder proposal - avoid political spending brand damage |
| Masco Corporation | 8 May 2026 | Consideration of stockholder proposal on shareholder right to call a special meeting. |
| Jabil Inc. | 22 Jan 2026 | Vote on a stockholder proposal requesting stockholder right to act by written consent. |
| CF Industries Holdings, Inc. | 28 Apr 2026 | Shareholder proposal regarding shareholder approval requirement for excessive golden parachutes |
| Global Payments Inc. | 30 Apr 2026 | Shareholder proposal regarding shareholder right to act by written consent. |
| Akamai Technologies, Inc. | 13 May 2026 | To vote upon a shareholder proposal requiring the Company to provide a report on political spending. |
| Markel Group Inc. | 20 May 2026 | Shareholder proposal to give shareholders an ability to call for a special shareholder meeting. |
| Corpay, Inc. | 7 May 2026 | Shareholder proposal regarding an independent Board Chair requirement |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding a report on deforestation in the company's own-brand supply chain |
Shares on loan
Capitol Series Trust reported no shares on loan for the year to 30 June 2026. 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.
Fund series in this filing
12 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| FullerThaler Behavioral Small-Cap Equity Fund | 1,240 | 3.2% | 97.4% | 53.8% |
| FullerThaler Behavioral Mid-Cap Equity Fund | 1,068 | 4.1% | 94.2% | 51.6% |
| FullerThaler Behavioral Mid-Cap Value Fund | 811 | 3.5% | 96.7% | 68.2% |
| Oak Harvest Long/Short Hedged Equity Fund | 675 | 0.1% | 100.0% | 0.0% |
| FullerThaler Behavioral Small-Cap Growth Fund | 631 | 13.0% | 90.1% | not reported |
| FullerThaler Behavioral Small-Mid Core Equity Fund | 580 | 6.7% | 94.1% | 54.5% |
| Reynders, McVeigh Core Equity Fund | 521 | 20.1% | 78.1% | 47.6% |
| FullerThaler Behavioral Micro-Cap Equity Fund | 519 | 8.7% | 88.9% | not reported |
| FullerThaler Behavioral Unconstrained Equity Fund | 251 | 5.2% | 100.0% | 75.0% |
| Alta Quality Growth Fund | 77 | 0.0% | 100.0% | 0.0% |
| Guardian Capital Fundamental Global Equity Fund | 61 | 0.0% | not reported | 0.0% |
| The Nightview Fund | 16 | 0.0% | not reported | 0.0% |
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.
- N-PX filed 12 Aug 2026 accession 0001580642-26-005181
- N-PX filed 12 Aug 2026 accession 0001580642-26-005215
- N-PX filed 12 Aug 2026 accession 0001580642-26-005217
- N-PX filed 14 Aug 2026 accession 0001580642-26-005304
- N-PX filed 18 Aug 2026 accession 0001580642-26-005396
- Every N-PX filing by this filer on EDGAR
Questions
How did Capitol Series Trust vote on executive pay?
In the year to 30 June 2026 Capitol Series Trust reported 557 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 523 were for (93.9%), 33 against and 1 abstentions. Counting one item per company meeting, it voted against management on 29 of the 453 say-on-pay items it marked either way.
How often does Capitol Series Trust vote against management?
6.1% of the time in the year to 30 June 2026: 391 of the 6,394 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.
Did Capitol Series Trust support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 24 votes on proposals from security holders in the year to 30 June 2026 and voted for 7 of them (29.2%). Across every category it voted for 35.7% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.
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 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Capitol Series Trust (filer no. 1587551), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.