Home › Companies › CONSTRUCTION PARTNERS INC. › 2023-2024
At CONSTRUCTION PARTNERS INC.'s shareholder meeting held March 20, 2024, in the 2023-2024 proxy season, 75 asset managers reported how they voted on 6 ballot items in their SEC Form N-PX filings, covering 1,364 separate fund positions. On the most widely held item on that ballot — PROPOSAL TO APPROVE THE ADOPTION OF THE CONSTRUCTION PARTNERS, INC. 2024 RESTRICTED STOCK PLAN. — FOR was 84% 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: CONSTRUCTION PARTNERS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on March 22, 2024.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and CONSTRUCTION PARTNERS INC.’s Form 8-K, filed March 22, 2024 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of March 20, 2024: 6 items on CONSTRUCTION PARTNERS INC.’s Form 8-K, filed March 22, 2024: 6 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore CONSTRUCTION PARTNERS INC. in the interactive database Compare manager voting policies
These tallies are CONSTRUCTION PARTNERS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed March 22, 2024 (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 | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Michael H. McKay | 111,555,282 | -- | -- | 15,955,349 | 2,202,700 | 87% | Not verified | — |
| Elect Director: Stefan L. Shaffer | 116,266,693 | -- | -- | 11,243,938 | 2,202,700 | 91% | Not verified | — |
| Elect Director: Noreen E. Skelly | 117,240,252 | -- | -- | 10,270,379 | 2,202,700 | 92% | Not verified | — |
| 2. Ratification of Appointment of Independent Registered Public Accountants | 129,663,167 | 48,414 | 1,750 | -- | -- | 99.9% | Not verified | — |
| 3. Approval of Adoption of the 2024 Restricted Stock Plan | 107,239,829 | 20,254,324 | 16,478 | -- | 2,202,700 | 84% | Not verified | — |
| 4. Approval of the 2018 Plan Amendment | 125,251,637 | 2,240,726 | 18,268 | -- | 2,202,700 | 98% | Not verified | — |
Source: CONSTRUCTION PARTNERS INC., Form 8-K, filed with the SEC on March 22, 2024 — read the filing on EDGAR.
Each item below shows how the 75 asset managers that disclosed a CONSTRUCTION PARTNERS 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.
Combines 6 wordings of this item as funds reported it.
87% Majority: yes · of votes cast
Description as filed by funds: Proposal to elect three Class III directors to serve for a three-year term expiring at the 2027 annual meeting of stockholders: Michael H. McKay
CONSTRUCTION PARTNERS INC.’s own tally for this item (“Elect Director: Michael H. McKay”): 111,555,282 for, 15,955,349 withheld, per its Form 8-K filed March 22, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 87% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 74 asset managers below reported 11,643,211 for, 7,807,422 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| CONESTOGA FUNDS | 2,938,130 | 0 | 0 | 0 | For |
| Vanguard | 2,245,231 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 1,883,845 | Withhold |
| Fidelity | 0 | 0 | 0 | 1,525,019 | Withhold |
| Nationwide | 1,187,715 | 0 | 0 | 11,627 | For |
| Virtus | 850,929 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 804,516 | Withhold |
| Dimensional | 0 | 0 | 0 | 599,573 | Withhold |
| Brighthouse | 573,027 | 0 | 0 | 16,329 | For |
| Invesco | 559,559 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 549,698 | Withhold |
| Global X | 542,380 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 468,578 | 0 | 0 | 0 | For |
| Charles Schwab | 443,448 | 0 | 0 | 0 | For |
| Jackson National | 411,790 | 0 | 0 | 9,443 | For |
| American Century | 0 | 0 | 0 | 398,880 | Withhold |
| Royce | 370,996 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 359,662 | Withhold |
| Loomis Sayles | 327,971 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 0 | 0 | 299,734 | Withhold |
| Voya | 0 | 0 | 0 | 286,479 | Withhold |
| NICHOLAS Ltd EDITION, INC. | 0 | 0 | 0 | 224,417 | Withhold |
| Manager Directed Portfolios | 221,836 | 0 | 0 | 0 | For |
| BNY Mellon | 170,863 | 0 | 0 | 40,086 | Mixed |
| Equitable | 0 | 0 | 0 | 104,438 | Withhold |
Showing the 25 largest of 74 asset managers. All 74 are in the interactive database (link above).
Combines 5 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Description as filed by funds: Proposal to elect three Class III directors to serve for a three-year term expiring at the 2027 annual meeting of stockholders: Noreen E. Skelly
CONSTRUCTION PARTNERS INC.’s own tally for this item (“Elect Director: Noreen E. Skelly”): 117,240,252 for, 10,270,379 withheld, per its Form 8-K filed March 22, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 74 asset managers below reported 14,719,476 for, 4,730,923 withheld, 234 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| CONESTOGA FUNDS | 2,938,130 | 0 | 0 | 0 | For |
| Vanguard | 2,245,231 | 0 | 0 | 0 | For |
| BlackRock | 1,883,845 | 0 | 0 | 0 | For |
| Fidelity | 643,956 | 0 | 0 | 881,063 | Mixed |
| Nationwide | 1,187,715 | 0 | 0 | 11,627 | For |
| Virtus | 850,929 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 804,516 | Withhold |
| Dimensional | 0 | 0 | 0 | 599,573 | Withhold |
| Brighthouse | 573,027 | 0 | 0 | 16,329 | For |
| Invesco | 559,559 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 549,698 | Withhold |
| Global X | 542,380 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 468,578 | 0 | 0 | 0 | For |
| Charles Schwab | 443,448 | 0 | 0 | 0 | For |
| Jackson National | 411,790 | 0 | 0 | 9,443 | For |
| American Century | 0 | 0 | 0 | 398,880 | Withhold |
| Royce | 370,996 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 359,662 | Withhold |
| Loomis Sayles | 327,971 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 299,734 | 0 | 0 | 0 | For |
| Voya | 0 | 0 | 0 | 286,479 | Withhold |
| NICHOLAS Ltd EDITION, INC. | 0 | 0 | 0 | 224,417 | Withhold |
| Manager Directed Portfolios | 221,836 | 0 | 0 | 0 | For |
| BNY Mellon | 170,863 | 0 | 0 | 40,086 | Mixed |
| Equitable | 63,218 | 0 | 0 | 41,220 | Mixed |
Showing the 25 largest of 74 asset managers. All 74 are in the interactive database (link above).
Combines 5 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Description as filed by funds: Proposal to elect three Class III directors to serve for a three-year term expiring at the 2027 annual meeting of stockholders: Stefan L. Shaffer
CONSTRUCTION PARTNERS INC.’s own tally for this item (“Elect Director: Stefan L. Shaffer”): 116,266,693 for, 11,243,938 withheld, per its Form 8-K filed March 22, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 74 asset managers below reported 13,793,121 for, 5,657,512 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| CONESTOGA FUNDS | 2,938,130 | 0 | 0 | 0 | For |
| Vanguard | 2,245,231 | 0 | 0 | 0 | For |
| BlackRock | 1,883,845 | 0 | 0 | 0 | For |
| Fidelity | 17,101 | 0 | 0 | 1,507,918 | Withhold |
| Nationwide | 1,187,715 | 0 | 0 | 11,627 | For |
| Virtus | 850,929 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 0 | 0 | 0 | 804,516 | Withhold |
| Dimensional | 0 | 0 | 0 | 599,573 | Withhold |
| Brighthouse | 573,027 | 0 | 0 | 16,329 | For |
| Invesco | 559,559 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 549,698 | Withhold |
| Global X | 542,380 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 468,578 | 0 | 0 | 0 | For |
| Charles Schwab | 443,448 | 0 | 0 | 0 | For |
| Jackson National | 411,790 | 0 | 0 | 9,443 | For |
| American Century | 0 | 0 | 0 | 398,880 | Withhold |
| Royce | 370,996 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 0 | 359,662 | Withhold |
| Loomis Sayles | 327,971 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 0 | 0 | 299,734 | Withhold |
| Voya | 0 | 0 | 0 | 286,479 | Withhold |
| NICHOLAS Ltd EDITION, INC. | 0 | 0 | 0 | 224,417 | Withhold |
| Manager Directed Portfolios | 221,836 | 0 | 0 | 0 | For |
| BNY Mellon | 170,863 | 0 | 0 | 40,086 | Mixed |
| Equitable | 63,218 | 0 | 0 | 41,220 | Mixed |
Showing the 25 largest of 74 asset managers. All 74 are in the interactive database (link above).
Combines 5 wordings of this item as funds reported it.
84% Majority: yes · of votes cast
Description as filed by funds: PROPOSAL TO APPROVE THE ADOPTION OF THE CONSTRUCTION PARTNERS, INC. 2024 RESTRICTED STOCK PLAN.
CONSTRUCTION PARTNERS INC.’s own tally for this item (“3. Approval of Adoption of the 2024 Restricted Stock Plan”): 107,239,829 for, 20,254,324 against, per its Form 8-K filed March 22, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 84% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 75 asset managers below reported 8,670,448 for, 10,780,185 against, 50 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| CONESTOGA FUNDS | 0 | 2,938,130 | 0 | 0 | Against |
| Vanguard | 2,245,231 | 0 | 0 | 0 | For |
| BlackRock | 0 | 1,883,845 | 0 | 0 | Against |
| Fidelity | 626,855 | 898,164 | 0 | 0 | Mixed |
| Nationwide | 11,627 | 1,187,715 | 0 | 0 | Against |
| Virtus | 850,929 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 804,516 | 0 | 0 | 0 | For |
| Dimensional | 599,573 | 0 | 0 | 0 | For |
| Brighthouse | 16,329 | 573,027 | 0 | 0 | Against |
| Invesco | 0 | 559,559 | 0 | 0 | Against |
| First Trust | 549,698 | 0 | 0 | 0 | For |
| Global X | 0 | 542,380 | 0 | 0 | Against |
| WASATCH FUNDS TRUST | 468,578 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 443,448 | 0 | 0 | Against |
| Jackson National | 9,443 | 411,790 | 0 | 0 | Against |
| American Century | 0 | 398,880 | 0 | 0 | Against |
| Royce | 370,996 | 0 | 0 | 0 | For |
| TIAA | 359,662 | 0 | 0 | 0 | For |
| Loomis Sayles | 0 | 327,971 | 0 | 0 | Against |
| Columbia Threadneedle | 299,734 | 0 | 0 | 0 | For |
| Voya | 286,479 | 0 | 0 | 0 | For |
| NICHOLAS Ltd EDITION, INC. | 224,417 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 0 | 221,836 | 0 | 0 | Against |
| BNY Mellon | 210,949 | 0 | 0 | 0 | For |
| Equitable | 41,220 | 63,218 | 0 | 0 | Mixed |
Showing the 25 largest of 75 asset managers. All 75 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: PROPOSAL TO APPROVE AN AMENDMENT TO THE CONSTRUCTION PARTNERS, INC. 2018 EQUITY INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES RESERVED FOR ISSUANCE PURSUANT TO AWARDS.
CONSTRUCTION PARTNERS INC.’s own tally for this item (“4. Approval of the 2018 Plan Amendment”): 125,251,637 for, 2,240,726 against, per its Form 8-K filed March 22, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 74 asset managers below reported 18,160,730 for, 1,286,004 against, 50 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| CONESTOGA FUNDS | 2,938,130 | 0 | 0 | 0 | For |
| Vanguard | 2,245,231 | 0 | 0 | 0 | For |
| BlackRock | 1,883,845 | 0 | 0 | 0 | For |
| Fidelity | 643,956 | 881,063 | 0 | 0 | Mixed |
| Nationwide | 1,199,342 | 0 | 0 | 0 | For |
| Virtus | 850,929 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 804,516 | 0 | 0 | 0 | For |
| Dimensional | 599,573 | 0 | 0 | 0 | For |
| Brighthouse | 589,356 | 0 | 0 | 0 | For |
| Invesco | 559,559 | 0 | 0 | 0 | For |
| First Trust | 549,698 | 0 | 0 | 0 | For |
| Global X | 542,380 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 468,578 | 0 | 0 | 0 | For |
| Charles Schwab | 443,448 | 0 | 0 | 0 | For |
| Jackson National | 421,233 | 0 | 0 | 0 | For |
| American Century | 0 | 398,880 | 0 | 0 | Against |
| Royce | 370,996 | 0 | 0 | 0 | For |
| TIAA | 359,662 | 0 | 0 | 0 | For |
| Loomis Sayles | 327,971 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 299,734 | 0 | 0 | 0 | For |
| Voya | 286,479 | 0 | 0 | 0 | For |
| NICHOLAS Ltd EDITION, INC. | 224,417 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 221,836 | 0 | 0 | 0 | For |
| BNY Mellon | 210,949 | 0 | 0 | 0 | For |
| Equitable | 104,438 | 0 | 0 | 0 | For |
Showing the 25 largest of 74 asset managers. All 74 are in the interactive database (link above).
Combines 4 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: Proposal to ratify the appointment of RSM US UP as the Company's independent registered public accountants for the fiscal year ending September 30, 2024.
CONSTRUCTION PARTNERS INC.’s own tally for this item (“2. Ratification of Appointment of Independent Registered Public Accountants”): 129,663,167 for, 48,414 against, per its Form 8-K filed March 22, 2024 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 72 asset managers below reported 19,446,500 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| CONESTOGA FUNDS | 2,938,130 | 0 | 0 | 0 | For |
| Vanguard | 2,245,231 | 0 | 0 | 0 | For |
| BlackRock | 1,883,845 | 0 | 0 | 0 | For |
| Fidelity | 1,525,019 | 0 | 0 | 0 | For |
| Nationwide | 1,199,342 | 0 | 0 | 0 | For |
| Virtus | 850,929 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 804,516 | 0 | 0 | 0 | For |
| Dimensional | 599,573 | 0 | 0 | 0 | For |
| Brighthouse | 589,356 | 0 | 0 | 0 | For |
| Invesco | 559,559 | 0 | 0 | 0 | For |
| First Trust | 549,698 | 0 | 0 | 0 | For |
| Global X | 542,380 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 468,578 | 0 | 0 | 0 | For |
| Charles Schwab | 443,448 | 0 | 0 | 0 | For |
| Jackson National | 421,233 | 0 | 0 | 0 | For |
| American Century | 398,880 | 0 | 0 | 0 | For |
| Royce | 370,996 | 0 | 0 | 0 | For |
| TIAA | 359,662 | 0 | 0 | 0 | For |
| Loomis Sayles | 327,971 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 299,734 | 0 | 0 | 0 | For |
| Voya | 286,479 | 0 | 0 | 0 | For |
| NICHOLAS Ltd EDITION, INC. | 224,417 | 0 | 0 | 0 | For |
| Manager Directed Portfolios | 221,836 | 0 | 0 | 0 | For |
| BNY Mellon | 210,949 | 0 | 0 | 0 | For |
| Equitable | 104,438 | 0 | 0 | 0 | For |
Showing the 25 largest of 72 asset managers. All 72 are in the interactive database (link above).
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 51,892,426 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | CONESTOGA FUNDS | 5.66% |
| 2 | Vanguard | 4.33% |
| 3 | BlackRock | 3.63% |
| 4 | Fidelity | 2.94% |
| 5 | Nationwide | 2.31% |
| 6 | Virtus | 1.64% |
| 7 | Delaware/Macquarie | 1.55% |
| 8 | Dimensional | 1.16% |
| 9 | Brighthouse | 1.14% |
| 10 | Invesco | 1.08% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | LEAVELL INVESTMENT MANAGEMENT, INC. | <0.01% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Ned N. Fleming, III | 11.94% | 13G |
| Vanguard Group | 8.80% | 13F |
| Kayne Anderson Rudnick Investment Management LLC | 8.31% | DEF14A |
| FMR (Fidelity) | 7.54% | 13F |
| BlackRock | 7.34% | 13F |
| Conestoga Capital Advisors | 7.18% | 13G |
| FMR LLC | 7.08% | 13G |
| GENEVA CAPITAL MANAGEMENT LLC | 4.74% | 13G |
| Invesco | 2.89% | 13F |
| Charles E. Owens | 2.42% | DEF14A |
Percentages above are of 51,892,426 shares outstanding, as reported by CONSTRUCTION PARTNERS INC. on its Form 10-Q dated December 31, 2023 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from CONSTRUCTION PARTNERS INC.’s 10-Q dated December 31, 2023. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
CONSTRUCTION PARTNERS INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.
proxyvotesnow.com, “CONSTRUCTION PARTNERS (ROAD) 2024 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/construction-partners-inc/2024 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.