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Compiled from SEC Form N-PX filings and Calumet, Inc.’s Form 8-K, filed 2026-06-03 (Item 5.07 on EDGAR). Page generated 04 October 2026.
Proxy season: 2025-2026
Explore Calumet, Inc. in the interactive database Compare manager voting policies
These tallies are Calumet, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-06-03 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Todd Borgmann | 51,089,604 | -- | -- | 365,403 | 19,926,638 | Majority: yes |
| Elect Director: Daniel J. Sajkowski | 50,332,470 | -- | -- | 1,122,537 | 19,926,638 | Majority: yes |
| Elect Director: Bradford T. Sanders | 51,130,433 | -- | -- | 324,574 | 19,926,638 | Majority: yes |
| Proposal 2: Advisory Vote to Approve Executive Compensation The Company's stockholders approved, on a non-binding, advisory basis, the Company's executive compensation. The voting results were as follows: | 50,222,235 | 956,685 | 276,087 | -- | 19,926,638 | Majority: yes |
| Proposal 3: Ratification of the Selection of Independent Registered Public Accounting Firm The Company's stockholders ratified the selection of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2 | 70,973,872 | 194,987 | 212,786 | -- | -- | Majority: yes |
Source: Calumet, Inc., Form 8-K, filed with the SEC on 2026-06-03 — read the filing on EDGAR.
Each item below shows how the 190 asset managers that disclosed a Calumet, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Calumet, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Calumet, Inc.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Executive Compensation The Company's stockholders approved, on a non-binding, advisory basis, the Company's executive compensation. The voting results were as follows:”): 50,222,235 for, 956,685 against, per its Form 8-K filed 2026-06-03 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 87,040,558 outstanding shares: 58% for, 1% against (59% of the company cast a for/against vote).
The 189 asset managers below cast 98% of the shares they voted on this item FOR (27,976,276 for, 647,024 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,863,882 | 2 | 0 | 0 | For |
| Two Seas Capital LP | 4,587,656 | 0 | 0 | 0 | For |
| BlackRock | 4,404,744 | 0 | 0 | 0 | For |
| State Street | 2,833,339 | 2,442 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 1,874,292 | 0 | 0 | 0 | For |
| Fidelity | 1,769,075 | 0 | 0 | 0 | For |
| Charles Schwab | 1,081,918 | 0 | 0 | 0 | For |
| BROWN ADVISORY INC | 565,724 | 0 | 0 | 0 | For |
| Northern Trust | 517,994 | 0 | 0 | 0 | For |
| Wellington | 507,422 | 0 | 0 | 0 | For |
| MARSHALL WACE, LLP | 396,335 | 0 | 0 | 0 | For |
| Janus Henderson | 373,296 | 0 | 0 | 0 | For |
| First Trust | 347,486 | 0 | 0 | 0 | For |
| Voleon Capital Management LP | 314,748 | 0 | 0 | 0 | For |
| Morgan Stanley | 283,386 | 0 | 0 | 0 | For |
| RBC Capital Markets, LLC | 237,384 | 0 | 0 | 0 | For |
| Invesco | 0 | 225,644 | 0 | 0 | Against |
| MELLON INVESTMENTS Corp | 0 | 202,883 | 0 | 0 | Against |
| Janus Detroit Street Trust | 183,044 | 0 | 0 | 0 | For |
| Federated Hermes | 178,974 | 0 | 0 | 0 | For |
| Equitable | 169,607 | 0 | 0 | 0 | For |
| Nuveen | 158,672 | 0 | 0 | 0 | For |
| TIAA | 153,029 | 0 | 0 | 0 | For |
| Citadel | 135,278 | 0 | 0 | 0 | For |
| JPMorgan | 123,342 | 0 | 0 | 0 | For |
Showing the 25 largest of 189 asset managers. See all 189 in the interactive database.
99.7% Majority: yes · of votes cast
Calumet, Inc.’s own tally for this item (“Proposal 3: Ratification of the Selection of Independent Registered Public Accounting Firm The Company's stockholders ratified the selection of Grant Thornton LLP as the Company's independent registered public accounting”): 70,973,872 for, 194,987 against, per its Form 8-K filed 2026-06-03 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 87,040,558 outstanding shares: 82% for, 0.3% against (82% of the company cast a for/against vote).
The 49 asset managers below cast 100% of the shares they voted on this item FOR (12,309,059 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,328,653 | 0 | 0 | 0 | For |
| BlackRock | 2,268,725 | 0 | 0 | 0 | For |
| Fidelity | 1,742,320 | 0 | 0 | 0 | For |
| State Street | 1,552,324 | 0 | 0 | 0 | For |
| Charles Schwab | 540,945 | 0 | 0 | 0 | For |
| First Trust | 347,486 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 183,044 | 0 | 0 | 0 | For |
| Equitable | 169,607 | 0 | 0 | 0 | For |
| TIAA | 153,029 | 0 | 0 | 0 | For |
| JPMorgan | 123,342 | 0 | 0 | 0 | For |
| Direxion Shares ETF Trust | 115,613 | 0 | 0 | 0 | For |
| Invesco | 95,664 | 0 | 0 | 0 | For |
| Federated Hermes | 89,487 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 74,983 | 0 | 0 | 0 | For |
| Morgan Stanley | 60,137 | 0 | 0 | 0 | For |
| Lincoln Financial | 54,771 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 47,886 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 46,663 | 0 | 0 | 0 | For |
| Northern Trust | 41,669 | 0 | 0 | 0 | For |
| Global X | 32,114 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 28,803 | 0 | 0 | 0 | For |
| Goldman Sachs | 28,014 | 0 | 0 | 0 | For |
| Pacific Life | 26,834 | 0 | 0 | 0 | For |
| Brighthouse | 25,665 | 0 | 0 | 0 | For |
| Voya | 17,154 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Calumet, Inc.’s own tally for this item (“Elect Director: Bradford T. Sanders”): 51,130,433 for, 324,574 withheld, per its Form 8-K filed 2026-06-03 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 87,040,558 outstanding shares: 59% for, 0.4% withheld (59% of the company cast a for/withheld vote).
The 49 asset managers below cast 100% of the shares they voted on this item FOR (12,309,175 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,328,653 | 0 | 1 | 0 | For |
| BlackRock | 2,268,725 | 0 | 0 | 0 | For |
| Fidelity | 1,742,320 | 0 | 0 | 0 | For |
| State Street | 1,552,324 | 0 | 0 | 0 | For |
| Charles Schwab | 540,945 | 0 | 0 | 0 | For |
| First Trust | 347,486 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 183,044 | 0 | 0 | 0 | For |
| Equitable | 169,607 | 0 | 0 | 0 | For |
| TIAA | 153,029 | 0 | 0 | 0 | For |
| JPMorgan | 123,342 | 0 | 0 | 0 | For |
| Direxion Shares ETF Trust | 115,613 | 0 | 0 | 0 | For |
| Invesco | 95,664 | 0 | 0 | 0 | For |
| Federated Hermes | 89,487 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 74,983 | 0 | 0 | 0 | For |
| Morgan Stanley | 60,137 | 0 | 0 | 0 | For |
| Lincoln Financial | 54,771 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 47,886 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 46,663 | 0 | 0 | 0 | For |
| Northern Trust | 41,669 | 0 | 0 | 0 | For |
| Global X | 32,114 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 28,803 | 0 | 0 | 0 | For |
| Goldman Sachs | 28,014 | 0 | 0 | 0 | For |
| Pacific Life | 26,834 | 0 | 0 | 0 | For |
| Brighthouse | 25,665 | 0 | 0 | 0 | For |
| Voya | 17,154 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Calumet, Inc.’s own tally for this item (“Elect Director: Daniel J. Sajkowski”): 50,332,470 for, 1,122,537 withheld, per its Form 8-K filed 2026-06-03 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 87,040,558 outstanding shares: 58% for, 1% withheld (59% of the company cast a for/withheld vote).
The 49 asset managers below cast 100% of the shares they voted on this item FOR (12,206,985 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,321,081 | 0 | 7,573 | 0 | For |
| BlackRock | 2,268,725 | 0 | 0 | 0 | For |
| Fidelity | 1,742,320 | 0 | 0 | 0 | For |
| State Street | 1,550,688 | 0 | 1,636 | 0 | For |
| Charles Schwab | 540,945 | 0 | 0 | 0 | For |
| First Trust | 347,486 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 183,044 | 0 | 0 | 0 | For |
| Equitable | 124,607 | 0 | 45,000 | 0 | For |
| TIAA | 153,029 | 0 | 0 | 0 | For |
| JPMorgan | 123,342 | 0 | 0 | 0 | For |
| Direxion Shares ETF Trust | 115,613 | 0 | 0 | 0 | For |
| Invesco | 95,664 | 0 | 0 | 0 | For |
| Federated Hermes | 89,487 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 74,983 | 0 | 0 | 0 | For |
| Morgan Stanley | 60,137 | 0 | 0 | 0 | For |
| Lincoln Financial | 54,771 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 47,886 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 46,663 | 0 | 0 | 0 | For |
| Northern Trust | 0 | 0 | 41,669 | 0 | Abstain |
| Global X | 32,114 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 28,803 | 0 | 0 | 0 | For |
| Goldman Sachs | 28,014 | 0 | 0 | 0 | For |
| Pacific Life | 26,834 | 0 | 0 | 0 | For |
| Brighthouse | 25,665 | 0 | 0 | 0 | For |
| Voya | 17,154 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Calumet, Inc.’s own tally for this item (“Elect Director: Todd Borgmann”): 51,089,604 for, 365,403 withheld, per its Form 8-K filed 2026-06-03 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 87,040,558 outstanding shares: 59% for, 0.5% withheld (59% of the company cast a for/withheld vote).
The 49 asset managers below cast 100% of the shares they voted on this item FOR (12,309,175 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,328,653 | 0 | 1 | 0 | For |
| BlackRock | 2,268,725 | 0 | 0 | 0 | For |
| Fidelity | 1,742,320 | 0 | 0 | 0 | For |
| State Street | 1,552,324 | 0 | 0 | 0 | For |
| Charles Schwab | 540,945 | 0 | 0 | 0 | For |
| First Trust | 347,486 | 0 | 0 | 0 | For |
| Janus Detroit Street Trust | 183,044 | 0 | 0 | 0 | For |
| Equitable | 169,607 | 0 | 0 | 0 | For |
| TIAA | 153,029 | 0 | 0 | 0 | For |
| JPMorgan | 123,342 | 0 | 0 | 0 | For |
| Direxion Shares ETF Trust | 115,613 | 0 | 0 | 0 | For |
| Invesco | 95,664 | 0 | 0 | 0 | For |
| Federated Hermes | 89,487 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 74,983 | 0 | 0 | 0 | For |
| Morgan Stanley | 60,137 | 0 | 0 | 0 | For |
| Lincoln Financial | 54,771 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 47,886 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 46,663 | 0 | 0 | 0 | For |
| Northern Trust | 41,669 | 0 | 0 | 0 | For |
| Global X | 32,114 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 28,803 | 0 | 0 | 0 | For |
| Goldman Sachs | 28,014 | 0 | 0 | 0 | For |
| Pacific Life | 26,834 | 0 | 0 | 0 | For |
| Brighthouse | 25,665 | 0 | 0 | 0 | For |
| Voya | 17,154 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 2 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Calumet, Inc.’s own tally for this item (“Proposal 3: Ratification of the Selection of Independent Registered Public Accounting Firm The Company's stockholders ratified the selection of Grant Thornton LLP as the Company's independent registered public accounting”): 70,973,872 for, 194,987 against, per its Form 8-K filed 2026-06-03 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 87,040,558 outstanding shares: 82% for, 0.3% against (82% of the company cast a for/against vote).
The 2 asset managers below cast 100% of the shares they voted on this item FOR (480 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| MARCO INVESTMENT MANAGEMENT LLC | 400 | 0 | 0 | 0 | For |
| TEALWOOD ASSET MANAGEMENT INC | 80 | 0 | 0 | 0 | For |
Ranked by the number of Calumet, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 87,040,558 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 5.59% |
| 2 | Two Seas Capital LP | 5.27% |
| 3 | BlackRock | 5.06% |
| 4 | State Street | 3.26% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.15% |
| 6 | Fidelity | 2.03% |
| 7 | Charles Schwab | 1.24% |
| 8 | BROWN ADVISORY INC | 0.65% |
| 9 | Northern Trust | 0.60% |
| 10 | Wellington | 0.58% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| The Heritage Group | 16.69% | 13D |
| BlackRock | 5.72% | 13F |
| Vanguard Group | 5.40% | 13F |
| State Street | 3.54% | 13F |
| Goldman Sachs | 3.37% | 13F |
| Geode Capital | 2.15% | 13F |
| Citadel Advisors | 1.99% | 13F |
| Morgan Stanley | 1.28% | 13F |
| Wellington Management | 0.95% | 13F |
| JPMorgan Chase | 0.67% | 13F |
Percentages above are of 87,040,558 shares outstanding, as reported by Calumet, Inc. on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Calumet, Inc.’s 10-Q dated 2026-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.
At Calumet, Inc.'s shareholder meeting held 2026-06-02, in the 2025-2026 proxy season, 190 asset managers reported how they voted in their SEC Form N-PX filings, covering 978 separate fund positions. Their filings are grouped here into 6 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on a non-binding, advisory basis, the compensation of the Company's named executive… — FOR was 98% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Calumet, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-06-03.
Calumet, Inc. proxy season coverage: 2025-2026 (this page).