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Form N-PX · institutional managerSEC filer no. 2115416

Midway Capital Research & Management

institutional manager voting report

Vote records reported
467year to 30 June 2026
Against management
7.7%36 of 467 marked votes
Say-on-pay support
48.5%for, of for + against + abstain
Shareholder-proposal support
20.6%for, of for + against + abstain
87.6% for10.3% against2.1% other7.7% against management467 votes

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

In its Form N-PX for the year to 30 June 2026, Midway Capital Research & Management listed 467 vote records. Votes against management made up 7.7% of those marked either way (36 of 467); the median institutional manager stood at 6.4%.

Weighted by the number of shares voted, the against-management share is 6.8%. 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 48.5% of the section 14A say-on-pay items it reported (the median institutional manager: 91.4%) and it voted for 20.6% of the proposals put forward by security holders (the median institutional manager: 41.1%).

By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (50.0% of 36) and DIRECTOR ELECTIONS (3.4% of 351).

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 2,628 institutional managers with at least 25 vote records in the season.

year to 30 June 2026This filerMedian institutional managerAll filers pooled
Against-management share7.7%6.4%10.6%
Say-on-pay support rate48.5%91.4%86.0%
Shareholder-proposal support rate20.6%41.1%33.9%
Shares on loan, share of shares held0.00%0.00%3.12%
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 ELECTIONS35134043.4%
SECTION 14A SAY-ON-PAY VOTES36161750.0%
AUDIT-RELATED282800.0%
SHAREHOLDER RIGHTS AND DEFENSES64266.7%
CAPITAL STRUCTURE6600.0%
COMPENSATION121200.0%
CORPORATE GOVERNANCE63333.3%
ENVIRONMENT OR CLIMATE7070.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1010.0%
DIVERSITY, EQUITY, AND INCLUSION1010.0%
OTHER SOCIAL ISSUES120120.0%
OTHER1010.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20264677.7%48.5%20.6%

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, Midway Capital Research & Management voted against management on 17 of the 33 it marked either way (51.5%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 2 proposals from security holders that could be told apart in the filings and on which it cast a vote, Midway Capital Research & Management voted for 0 (0.0%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

Shares on loan

Midway Capital Research & Management 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.

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 Midway Capital Research & Management vote on executive pay?

In the year to 30 June 2026 Midway Capital Research & Management reported 33 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 16 were for (48.5%), 17 against and 0 abstentions. Counting one item per company meeting, it voted against management on 17 of the 33 say-on-pay items it marked either way.

How often does Midway Capital Research & Management vote against management?

7.7% of the time in the year to 30 June 2026: 36 of the 467 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 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Midway Capital Research & Management (filer no. 2115416), 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.