Home › Companies › PANGAEA LOGISTICS SOLUTIONS LTD. › 2023-2024
At PANGAEA LOGISTICS SOLUTIONS LTD.'s shareholder meeting held August 7, 2023, in the 2023-2024 proxy season, 59 asset managers reported how they voted in their SEC Form N-PX filings, covering 332 separate fund positions. Their filings are grouped here into 5 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 AN ADVISORY, NON-BINDING BASIS, THE COMPENSATION OF NAMED EXECUTIVE OFFICERS. — FOR was 94% 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: PANGAEA LOGISTICS SOLUTIONS LTD.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on August 9, 2023.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and PANGAEA LOGISTICS SOLUTIONS LTD.’s Form 8-K, filed August 9, 2023 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of August 7, 2023: 4 items on PANGAEA LOGISTICS SOLUTIONS LTD.’s Form 8-K, filed August 9, 2023: 4 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 PANGAEA LOGISTICS SOLUTIONS LTD. in the interactive database Compare manager voting policies
These tallies are PANGAEA LOGISTICS SOLUTIONS LTD.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed August 9, 2023 (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: Richard T. du Moulin | 29,528,864 | 1,449,961 | 30,339 | -- | 6,432,471 | 95% | Not verified | — |
| Elect Director: Karen H. Beachy | 30,894,969 | 84,163 | 30,032 | -- | 6,432,471 | 99.7% | Not verified | — |
| 2. To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the Company's fiscal year 2023 | 37,300,865 | 97,378 | 43,392 | -- | -- | 99.7% | Not verified | — |
| 3. To approve, on an advisory, non-binding basis, the compensation of named executive officers | 28,902,222 | 1,987,684 | 119,258 | -- | 6,432,471 | 94% | Not verified | — |
Source: PANGAEA LOGISTICS SOLUTIONS LTD., Form 8-K, filed with the SEC on August 9, 2023 — read the filing on EDGAR.
Each item below shows how the 59 asset managers that disclosed a PANGAEA LOGISTICS SOLUTIONS LTD. 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 PANGAEA LOGISTICS SOLUTIONS LTD.’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 3 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Class III Directors: Karen H. Beachy
PANGAEA LOGISTICS SOLUTIONS LTD.’s own tally for this item (“Elect Director: Karen H. Beachy”): 30,894,969 for, 84,163 against, per its Form 8-K filed August 9, 2023 (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: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 21 asset managers below reported 3,553,449 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,051,011 | 0 | 0 | 0 | For |
| Vanguard | 512,373 | 0 | 0 | 0 | For |
| Royce | 355,169 | 0 | 0 | 0 | For |
| American Century | 352,808 | 0 | 0 | 0 | For |
| Fidelity | 326,303 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 296,300 | 0 | 0 | 0 | For |
| EA Series Trust | 227,260 | 0 | 0 | 0 | For |
| First Trust | 97,436 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 93,469 | 0 | 0 | 0 | For |
| Invesco | 79,306 | 0 | 0 | 0 | For |
| BlackRock | 76,545 | 0 | 0 | 0 | For |
| SEI | 28,000 | 0 | 0 | 0 | For |
| Jackson National | 15,753 | 0 | 0 | 0 | For |
| Charles Schwab | 13,298 | 0 | 0 | 0 | For |
| T. Rowe Price | 10,100 | 0 | 0 | 0 | For |
| Equitable | 6,210 | 0 | 0 | 0 | For |
| Lincoln Financial | 3,860 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,500 | 0 | 0 | 0 | For |
| Victory Capital | 2,807 | 0 | 0 | 0 | For |
| John Hancock | 1,768 | 0 | 0 | 0 | For |
| Nationwide | 173 | 0 | 0 | 0 | For |
Combines 3 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: Election of Class III Directors: Richard T. du Moulin
PANGAEA LOGISTICS SOLUTIONS LTD.’s own tally for this item (“Elect Director: Richard T. du Moulin”): 29,528,864 for, 1,449,961 against, per its Form 8-K filed August 9, 2023 (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: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 21 asset managers below reported 3,053,790 for, 499,659 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,051,011 | 0 | 0 | 0 | For |
| Vanguard | 512,373 | 0 | 0 | 0 | For |
| Royce | 355,169 | 0 | 0 | 0 | For |
| American Century | 352,808 | 0 | 0 | 0 | For |
| Fidelity | 326,303 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 296,300 | 0 | 0 | Against |
| EA Series Trust | 227,260 | 0 | 0 | 0 | For |
| First Trust | 97,436 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 93,469 | 0 | 0 | 0 | For |
| Invesco | 0 | 79,306 | 0 | 0 | Against |
| BlackRock | 0 | 76,545 | 0 | 0 | Against |
| SEI | 0 | 28,000 | 0 | 0 | Against |
| Jackson National | 15,753 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 13,298 | 0 | 0 | Against |
| T. Rowe Price | 10,100 | 0 | 0 | 0 | For |
| Equitable | 0 | 6,210 | 0 | 0 | Against |
| Lincoln Financial | 3,860 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,500 | 0 | 0 | 0 | For |
| Victory Capital | 2,807 | 0 | 0 | 0 | For |
| John Hancock | 1,768 | 0 | 0 | 0 | For |
| Nationwide | 173 | 0 | 0 | 0 | For |
Combines 4 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: TO APPROVE, ON AN ADVISORY, NON-BINDING BASIS, THE COMPENSATION OF NAMED EXECUTIVE OFFICERS.
PANGAEA LOGISTICS SOLUTIONS LTD.’s own tally for this item (“3. To approve, on an advisory, non-binding basis, the compensation of named executive officers”): 28,902,222 for, 1,987,684 against, per its Form 8-K filed August 9, 2023 (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: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 1,051,011 | 0 | 0 | Against |
| Vanguard | 512,373 | 0 | 0 | 0 | For |
| Royce | 355,169 | 0 | 0 | 0 | For |
| American Century | 352,808 | 0 | 0 | 0 | For |
| Fidelity | 326,303 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 296,300 | 0 | 0 | 0 | For |
| EA Series Trust | 227,260 | 0 | 0 | 0 | For |
| First Trust | 97,436 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 93,469 | 0 | 0 | 0 | For |
| Invesco | 0 | 79,306 | 0 | 0 | Against |
| BlackRock | 76,545 | 0 | 0 | 0 | For |
| SEI | 0 | 28,000 | 0 | 0 | Against |
| Jackson National | 0 | 15,753 | 0 | 0 | Against |
| Charles Schwab | 13,298 | 0 | 0 | 0 | For |
| T. Rowe Price | 10,100 | 0 | 0 | 0 | For |
| Equitable | 6,210 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 3,860 | 0 | 0 | Against |
| Blackstone Alternative Investment Funds | 3,500 | 0 | 0 | 0 | For |
| Victory Capital | 2,807 | 0 | 0 | 0 | For |
| John Hancock | 0 | 1,768 | 0 | 0 | Against |
| Nationwide | 173 | 0 | 0 | 0 | For |
Fund voting reports, all 21 managers: 2,373,751 for, 1,179,698 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Wellington | 2,222,457 | 0 | 0 | 0 | For |
| VR Advisory Services Ltd | 895,122 | 0 | 0 | 0 | For |
| ACADIAN ASSET MANAGEMENT LLC | 433,495 | 0 | 0 | 0 | For |
| Ensign Peak Advisors, Inc | 395,415 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 355,330 | 0 | 0 | 0 | For |
| American Century | 352,808 | 0 | 0 | 0 | For |
| Renaissance | 254,802 | 0 | 0 | 0 | For |
| Goldman Sachs | 218,212 | 0 | 0 | 0 | For |
| LSV ASSET MANAGEMENT | 0 | 207,234 | 0 | 0 | Against |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 205,873 | 0 | 0 | 0 | For |
| Two Sigma | 201,671 | 0 | 0 | 0 | For |
| BlackRock | 188,267 | 0 | 0 | 0 | For |
| Dimensional | 0 | 165,909 | 0 | 0 | Against |
| State Street | 134,620 | 0 | 0 | 0 | For |
| Invesco | 0 | 79,306 | 0 | 0 | Against |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 62,868 | 0 | 0 | 0 | For |
| Point72 | 30,511 | 0 | 0 | 0 | For |
| Laurion Capital Management LP | 29,129 | 0 | 0 | 0 | For |
| SEI | 0 | 28,000 | 0 | 0 | Against |
| ALGERT GLOBAL LLC | 0 | 24,710 | 0 | 0 | Against |
| Hillsdale Investment Management Inc. | 20,400 | 0 | 0 | 0 | For |
| Allianz | 0 | 14,200 | 0 | 0 | Against |
| MELLON INVESTMENTS Corp | 0 | 13,491 | 0 | 0 | Against |
| Charles Schwab | 13,298 | 0 | 0 | 0 | For |
| Vanguard | 11,315 | 0 | 0 | 0 | For |
Institutional-manager reports, all 45 managers: 6,064,581 for, 537,250 against, 50 1 year. Showing the 25 largest; every one is in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
100% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: TO RECOMMEND, ON A NON-BINDING BASIS, THE FREQUENCY OF FUTURE ADVISORY VOTES ON COMPENSATION OF NAMED EXECUTIVE OFFICERS.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 0 | 0 | 0 | -- |
| Vanguard | 0 | 0 | 0 | 0 | -- |
| Royce | 0 | 0 | 0 | 0 | -- |
| American Century | 0 | 0 | 0 | 0 | -- |
| Fidelity | 0 | 0 | 0 | 0 | -- |
| BRIDGEWAY FUNDS INC | 0 | 0 | 0 | 0 | -- |
| EA Series Trust | 0 | 0 | 0 | 0 | -- |
| First Trust | 0 | 0 | 0 | 0 | -- |
| Northern Lights Fund Trust IV | 93,469 | 0 | 0 | 0 | For |
| Invesco | 0 | 0 | 0 | 0 | -- |
| BlackRock | 0 | 0 | 0 | 0 | -- |
| SEI | 0 | 0 | 0 | 0 | -- |
| Jackson National | 0 | 0 | 0 | 0 | -- |
| Charles Schwab | 0 | 0 | 0 | 0 | -- |
| T. Rowe Price | 0 | 0 | 0 | 0 | -- |
| Equitable | 0 | 0 | 0 | 0 | -- |
| Lincoln Financial | 0 | 0 | 0 | 0 | -- |
| Blackstone Alternative Investment Funds | 0 | 0 | 0 | 0 | -- |
| Victory Capital | 0 | 0 | 0 | 0 | -- |
| John Hancock | 0 | 0 | 0 | 0 | -- |
| Nationwide | 0 | 0 | 0 | 0 | -- |
Fund voting reports, all 21 managers: 93,469 for, 2,387,588 1 year, 1,072,392 3 year.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Wellington | 0 | 0 | 0 | 0 | -- |
| ACADIAN ASSET MANAGEMENT LLC | 0 | 0 | 0 | 0 | -- |
| Ensign Peak Advisors, Inc | 0 | 0 | 0 | 0 | -- |
| GEODE CAPITAL MANAGEMENT, LLC | 0 | 0 | 0 | 0 | -- |
| American Century | 0 | 0 | 0 | 0 | -- |
| Renaissance | 0 | 0 | 0 | 0 | -- |
| Goldman Sachs | 0 | 0 | 0 | 0 | -- |
| LSV ASSET MANAGEMENT | 0 | 0 | 0 | 0 | -- |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0 | 0 | 0 | 0 | -- |
| Two Sigma | 0 | 0 | 0 | 0 | -- |
| BlackRock | 0 | 0 | 0 | 0 | -- |
| Dimensional | 0 | 0 | 0 | 0 | -- |
| State Street | 0 | 0 | 0 | 0 | -- |
| Invesco | 0 | 0 | 0 | 0 | -- |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 0 | 0 | 0 | 0 | -- |
| Point72 | 0 | 0 | 0 | 0 | -- |
| Laurion Capital Management LP | 0 | 0 | 0 | 0 | -- |
| SEI | 0 | 0 | 0 | 0 | -- |
| Hillsdale Investment Management Inc. | 0 | 0 | 0 | 0 | -- |
| Allianz | 0 | 0 | 0 | 0 | -- |
| MELLON INVESTMENTS Corp | 0 | 0 | 0 | 0 | -- |
| Charles Schwab | 0 | 0 | 0 | 0 | -- |
| Vanguard | 0 | 0 | 0 | 0 | -- |
| T. Rowe Price | 0 | 0 | 0 | 0 | -- |
| Brandywine Global Investment Management, LLC | 0 | 0 | 0 | 0 | -- |
Institutional-manager reports, all 42 managers: 3,550 for, 5,113,395 1 year, 561,324 3 year. Showing the 25 largest; every one is in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the Company's fiscal year 2023.
PANGAEA LOGISTICS SOLUTIONS LTD.’s own tally for this item (“2. To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the Company's fiscal year 2023”): 37,300,865 for, 97,378 against, per its Form 8-K filed August 9, 2023 (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: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 21 asset managers below reported 3,553,449 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,051,011 | 0 | 0 | 0 | For |
| Vanguard | 512,373 | 0 | 0 | 0 | For |
| Royce | 355,169 | 0 | 0 | 0 | For |
| American Century | 352,808 | 0 | 0 | 0 | For |
| Fidelity | 326,303 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 296,300 | 0 | 0 | 0 | For |
| EA Series Trust | 227,260 | 0 | 0 | 0 | For |
| First Trust | 97,436 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 93,469 | 0 | 0 | 0 | For |
| Invesco | 79,306 | 0 | 0 | 0 | For |
| BlackRock | 76,545 | 0 | 0 | 0 | For |
| SEI | 28,000 | 0 | 0 | 0 | For |
| Jackson National | 15,753 | 0 | 0 | 0 | For |
| Charles Schwab | 13,298 | 0 | 0 | 0 | For |
| T. Rowe Price | 10,100 | 0 | 0 | 0 | For |
| Equitable | 6,210 | 0 | 0 | 0 | For |
| Lincoln Financial | 3,860 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,500 | 0 | 0 | 0 | For |
| Victory Capital | 2,807 | 0 | 0 | 0 | For |
| John Hancock | 1,768 | 0 | 0 | 0 | For |
| Nationwide | 173 | 0 | 0 | 0 | For |
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 46,466,622 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dimensional | 2.26% |
| 2 | Vanguard | 1.10% |
| 3 | Royce | 0.76% |
| 4 | American Century | 0.76% |
| 5 | Fidelity | 0.70% |
| 6 | BRIDGEWAY FUNDS INC | 0.64% |
| 7 | EA Series Trust | 0.49% |
| 8 | First Trust | 0.21% |
| 9 | Northern Lights Fund Trust IV | 0.20% |
| 10 | Invesco | 0.17% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Wellington | 4.78% |
| 2 | VR Advisory Services Ltd | 1.93% |
| 3 | ACADIAN ASSET MANAGEMENT LLC | 0.93% |
| 4 | Ensign Peak Advisors, Inc | 0.85% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 0.76% |
| 6 | American Century | 0.76% |
| 7 | Renaissance | 0.55% |
| 8 | Goldman Sachs | 0.47% |
| 9 | LSV ASSET MANAGEMENT | 0.45% |
| 10 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0.44% |
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 |
|---|---|---|
| Strategic Shipping Inc. | 39.51% | 13D |
| Carl Claus Boggild | 17.95% | 13D |
| BlackRock | 5.12% | 13F |
| Dimensional Fund Advisors | 3.75% | 13F |
| Wellington Management | 3.57% | 13F |
| Wellington Trust Company, NA | 3.29% | 13G |
| S | 3.08% | 13G |
| Geode Capital | 1.69% | 13F |
| Vanguard Group | 1.53% | 13F |
| Renaissance Technologies | 1.26% | 13F |
Percentages above are of 46,466,622 shares outstanding, as reported by PANGAEA LOGISTICS SOLUTIONS LTD. on its Form 10-Q dated August 7, 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 PANGAEA LOGISTICS SOLUTIONS LTD.’s 10-Q dated August 7, 2023. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
PANGAEA LOGISTICS SOLUTIONS LTD. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.
proxyvotesnow.com, “PANGAEA LOGISTICS SOLUTIONS (PANL) 2023 Annual Meeting (2023-2024 season)”, https://proxyvotesnow.com/company/pangaea-logistics-solutions-ltd/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.