UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: | 811-22172
|
Exact name of registrant as specified in charter: | World Funds Trust
|
Address of principal executive offices: | 8730 Stony Point Parkway, Suite 205 Richmond, VA 23235 |
Name and address of agent for service: | The Corporation Trust Company 1209 Orange Street Wilmington, DE 19801 |
with a copy to: Practus, LLP 11300 Tomahawk Creek Parkway, Suite 310 Leawood, KS 66211 | |
Registrant's telephone number, including area code: | 800-267-7400 |
Date of fiscal year end: | December 31st |
Date of reporting period: | July 1, 2022 to June 30, 2023 |
Item 1. Proxy Voting Record.
Rule One Fund -------------------------------------------------------------------------------------------------------------------------- ACTIVISION BLIZZARD, INC. Agenda Number: 935851762 -------------------------------------------------------------------------------------------------------------------------- Security: 00507V109 Meeting Type: Annual Ticker: ATVI Meeting Date: 21-Jun-2023 ISIN: US00507V1098 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Reveta Bowers Mgmt For For 1b. Election of Director: Kerry Carr Mgmt For For 1c. Election of Director: Robert Corti Mgmt For For 1d. Election of Director: Brian Kelly Mgmt For For 1e. Election of Director: Robert Kotick Mgmt For For 1f. Election of Director: Barry Meyer Mgmt For For 1g. Election of Director: Robert Morgado Mgmt For For 1h. Election of Director: Peter Nolan Mgmt For For 1i. Election of Director: Dawn Ostroff Mgmt For For 2. Advisory vote to approve our executive compensation. Mgmt For For 3. Advisory vote on frequency of future advisory votes to Mgmt 1 Year For approve our executive compensation. 4. Ratification of the appointment of Mgmt For For PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm. 5. Shareholder proposal regarding shareholder Shr Against For ratification of termination pay. 6. Shareholder proposal regarding adoption of a freedom Shr Against For of association and collective bargaining policy. 7. Withdrawn by proponent Shr Against For -------------------------------------------------------------------------------------------------------------------------- ALPHABET INC. Agenda Number: 935830946 -------------------------------------------------------------------------------------------------------------------------- Security: 02079K305 Meeting Type: Annual Ticker: GOOGL Meeting Date: 02-Jun-2023 ISIN: US02079K3059 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Larry Page Mgmt For For 1b. Election of Director: Sergey Brin Mgmt For For 1c. Election of Director: Sundar Pichai Mgmt For For 1d. Election of Director: John L. Hennessy Mgmt For For 1e. Election of Director: Frances H. Arnold Mgmt For For 1f. Election of Director: R. Martin "Marty" Chávez Mgmt For For 1g. Election of Director: L. John Doerr Mgmt For For 1h. Election of Director: Roger W. Ferguson Jr. Mgmt For For 1i. Election of Director: Ann Mather Mgmt For For 1j. Election of Director: K. Ram Shriram Mgmt For For 1k. Election of Director: Robin L. Washington Mgmt For For 2. Ratification of the appointment of Ernst & Young LLP Mgmt For For as Alphabet's independent registered public accounting firm for the fiscal year ending December 31, 2023 3. Approval of amendment and restatement of Alphabet's Mgmt For For Amended and Restated 2021 Stock Plan to increase the share reserve by 170,000,000 (post stock split) shares of Class C capital stock 4. Advisory vote to approve compensation awarded to named Mgmt For For executive officers 5. Advisory vote on the frequency of advisory votes to Mgmt 3 Years For approve compensation awarded to named executive officers 6. Stockholder proposal regarding a lobbying report Shr Against For 7. Stockholder proposal regarding a congruency report Shr Against For 8. Stockholder proposal regarding a climate lobbying Shr Against For report 9. Stockholder proposal regarding a report on Shr Against For reproductive rights and data privacy 10. Stockholder proposal regarding a human rights Shr Against For assessment of data center siting 11. Stockholder proposal regarding a human rights Shr Against For assessment of targeted ad policies and practices 12. Stockholder proposal regarding algorithm disclosures Shr Against For 13. Stockholder proposal regarding a report on alignment Shr Against For of YouTube policies with legislation 14. Stockholder proposal regarding a content governance Shr Against For report 15. Stockholder proposal regarding a performance review of Shr Against For the Audit and Compliance Committee 16. Stockholder proposal regarding bylaws amendment Shr Against For 17. Stockholder proposal regarding "executives to retain Shr Against For significant stock" 18. Stockholder proposal regarding equal shareholder Shr Against For voting -------------------------------------------------------------------------------------------------------------------------- BANK OZK Agenda Number: 935774946 -------------------------------------------------------------------------------------------------------------------------- Security: 06417N103 Meeting Type: Annual Ticker: OZK Meeting Date: 08-May-2023 ISIN: US06417N1037 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Nicholas Brown Mgmt For For 1b. Election of Director: Paula Cholmondeley Mgmt For For 1c. Election of Director: Beverly Cole Mgmt For For 1d. Election of Director: Robert East Mgmt For For 1e. Election of Director: Kathleen Franklin Mgmt For For 1f. Election of Director: Jeffrey Gearhart Mgmt For For 1g. Election of Director: George Gleason Mgmt For For 1h. Election of Director: Peter Kenny Mgmt For For 1i Election of Director: William A. Koefoed, Jr. Mgmt For For 1j. Election of Director: Elizabeth Musico Mgmt For For 1k. Election of Director: Christopher Orndorff Mgmt For For 1l. Election of Director: Steven Sadoff Mgmt For For 1m. Election of Director: Ross Whipple Mgmt For For 2. To ratify the appointment of PricewaterhouseCoopers Mgmt For For LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. 3. To approve, on an advisory, non-binding basis, the Mgmt For For compensation of the Company's named executive officers as disclosed in the Proxy Statement. -------------------------------------------------------------------------------------------------------------------------- HUNTINGTON INGALLS INDUSTRIES, INC. Agenda Number: 935783541 -------------------------------------------------------------------------------------------------------------------------- Security: 446413106 Meeting Type: Annual Ticker: HII Meeting Date: 02-May-2023 ISIN: US4464131063 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Augustus L. Collins Mgmt For For 1b. Election of Director: Leo P. Denault Mgmt For For 1c. Election of Director: Kirkland H. Donald Mgmt For For 1d. Election of Director: Victoria D. Harker Mgmt For For 1e. Election of Director: Frank R. Jimenez Mgmt For For 1f. Election of Director: Christopher D. Kastner Mgmt For For 1g. Election of Director: Anastasia D. Kelly Mgmt For For 1h. Election of Director: Tracy B. McKibben Mgmt For For 1i. Election of Director: Stephanie L. O'Sullivan Mgmt For For 1j. Election of Director: Thomas C. Schievelbein Mgmt For For 1k. Election of Director: John K. Welch Mgmt For For 2. Approve executive compensation on an advisory basis. Mgmt For For 3. Ratify the appointment of Deloitte & Touche LLP as Mgmt For For independent auditors for 2023. 4. Stockholder proposal requesting that HII disclose on Shr Against For its website an annual report of HII's direct and indirect lobbying activities and expenditures. -------------------------------------------------------------------------------------------------------------------------- NETFLIX, INC. Agenda Number: 935831126 -------------------------------------------------------------------------------------------------------------------------- Security: 64110L106 Meeting Type: Annual Ticker: NFLX Meeting Date: 01-Jun-2023 ISIN: US64110L1061 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director to hold office until the 2024 Mgmt For For Annual Meeting of Stockholders: Mathias Döpfner 1b. Election of Director to hold office until the 2024 Mgmt For For Annual Meeting of Stockholders: Reed Hastings 1c. Election of Director to hold office until the 2024 Mgmt For For Annual Meeting of Stockholders: Jay Hoag 1d. Election of Director to hold office until the 2024 Mgmt For For Annual Meeting of Stockholders: Ted Sarandos 2. Ratification of appointment of independent registered Mgmt For For public accounting firm. 3. Advisory approval of named executive officer Mgmt For For compensation. 4. Advisory vote on the frequency of future advisory Mgmt 1 Year For votes on executive compensation. 5. Stockholder proposal entitled, "Proposal 5 - Reform Shr Against For the Current Impossible Special Shareholder Meeting Requirements," if properly presented at the meeting. 6. Stockholder proposal entitled, "Netflix-Exclusive Shr Against For Board of Directors," if properly presented at the meeting. 7. Stockholder proposal requesting a report on the Shr Against For Company's 401(K) Plan, if properly presented at the meeting. 8. Stockholder proposal entitled, "Policy on Freedom of Shr Against For Association," if properly presented at the meeting. -------------------------------------------------------------------------------------------------------------------------- SPROUTS FARMERS MARKET, INC. Agenda Number: 935814649 -------------------------------------------------------------------------------------------------------------------------- Security: 85208M102 Meeting Type: Annual Ticker: SFM Meeting Date: 24-May-2023 ISIN: US85208M1027 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Joel D. Anderson Mgmt For For Terri Funk Graham Mgmt For For Doug G. Rauch Mgmt For For 2. To vote on a non-binding advisory resolution to Mgmt For For approve the compensation paid to our named executive officers for fiscal 2022 ("say-on-pay"). 3. To ratify the appointment of PricewaterhouseCoopers Mgmt For For LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023. -------------------------------------------------------------------------------------------------------------------------- STURM, RUGER & COMPANY, INC. Agenda Number: 935825818 -------------------------------------------------------------------------------------------------------------------------- Security: 864159108 Meeting Type: Annual Ticker: RGR Meeting Date: 01-Jun-2023 ISIN: US8641591081 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: John A. Cosentino, Jr. Mgmt For For 1b. Election of Director: Michael O. Fifer Mgmt For For 1c. Election of Director: Sandra S. Froman Mgmt For For 1d. Election of Director: Rebecca S. Halstead Mgmt For For 1e. Election of Director: Christopher J. Killoy Mgmt For For 1f. Election of Director: Terrence G. O'Connor Mgmt For For 1g. Election of Director: Amir P. Rosenthal Mgmt For For 1h. Election of Director: Ronald C. Whitaker Mgmt For For 1i. Election of Director: Phillip C. Widman Mgmt For For 2. The ratification of the appointment of RSM US LLP as Mgmt For For the independent auditors of the Company for the 2023 fiscal year. 3. A proposal to approve The Sturm, Ruger & Company, Inc. Mgmt For For 2023 Stock Incentive Plan. 4. An advisory vote on the compensation of the Company's Mgmt For For Named Executive Officers. 5. An advisory vote on the frequency of the shareholder Mgmt 1 Year For vote to approve the compensation of the Named Executive Officers. 6. A shareholder proposal seeking an assessment of Shr Against For Company advertising and marketing practices.
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
World Funds Trust
(Registrant)
By | /s/ Karen Shupe |
Name: Karen Shupe
Title: Principal Executive Officer
Date: August 30, 2023