Nicholas John Swenson - 11 Aug 2025 Form 4 Insider Report for AIR T INC (AIRT)

Role
CEO, Director, 10%+ Owner
Signature
/s/ Nicholas J Swenson
Issuer symbol
AIRT
Transactions as of
11 Aug 2025
Transactions value $
$0
Form type
4
Filing time
12 Aug 2025, 17:42:28 UTC
Previous filing
02 Jul 2025
Next filing
02 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Swenson Nicholas John CEO, Director, 10%+ Owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS /s/ Nicholas J Swenson 12 Aug 2025 0001478067

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRT Common Stock 62.9K 11 Aug 2025 Direct
holding AIRT Common Stock 973K 11 Aug 2025 By AO Partners I, LP F1
holding AIRT Common Stock 94.9K 11 Aug 2025 By Glenhurst Co. F2
holding AIRT Common Stock 52.7K 11 Aug 2025 By Groveland Capital, LLC F3
holding AIRT Common Stock 170K 11 Aug 2025 By Groveland DST, LLC F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIRT Stock Option Award $0 +4K $0.00 4K 11 Aug 2025 Common Stock 4K $30.00 Direct
transaction AIRT Stock Option Award $0 +4K $0.00 4K 11 Aug 2025 Common Stock 4K $50.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are owned directly by AO Partners I, L.P., and indirectly by AO Partners, LLC, as General Partner of AO Partners I, L.P., and Nicholas J. Swenson as Managing Member of AO Partners, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2 The reported securities are owned directly by Glenhurst Co., a Minnesota corporation. Nick Swenson is the President and sole director of Glenhurst Co. Nick Swenson directs the voting of all shares owned by Glenhurst Co. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 The reported securities are owned directly by Groveland Capital, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland Capital, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 The reported securities are owned directly by Groveland DST, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland DST, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.