Jamie Thingelstad - 11 Aug 2025 Form 4 Insider Report for AIR T INC (AIRT)

Role
Director
Signature
/s/ Jamie Thingelstad
Issuer symbol
AIRT
Transactions as of
11 Aug 2025
Net transactions value
$0
Form type
4
Filing time
14 Aug 2025, 15:46:40 UTC
Previous filing
27 Jun 2025
Next filing
06 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
THINGELSTAD JAMIE Director 5115 KNOX AVE S, MINNEAPOLIS /s/ Jamie Thingelstad 14 Aug 2025 0001187473

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 options Award $0 +500 $0.000000 500 11 Aug 2025 Common Stock 500 $30.00 Direct
transaction AIRT Stock options Award $0 +500 $0.000000 500 11 Aug 2025 Common Stock 500 $50.00 Direct
transaction AIRT Stock options Award $0 +292 $0.000000 292 11 Aug 2025 Common Stock 292 $38.23 Direct F1
transaction AIRT Stock options Award $0 +292 $0.000000 292 11 Aug 2025 Common Stock 292 $42.12 Direct F1
transaction AIRT Stock options Award $0 +292 $0.000000 292 11 Aug 2025 Common Stock 292 $46.33 Direct F1
transaction AIRT Stock options Award $0 +292 $0.000000 292 11 Aug 2025 Common Stock 292 $50.87 Direct F1
transaction AIRT Stock options Award $0 +292 $0.000000 292 11 Aug 2025 Common Stock 292 $55.78 Direct F1
transaction AIRT Stock options Award $0 +290 $0.000000 290 11 Aug 2025 Common Stock 290 $61.06 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise price increases approximately 10% at each test date and 16.67% of the option grant is available for vesting on each test date. Each option has six test dates, which occur on each subsequent anniversary of the option grant date. For further details see the Company's proxy statement filed July 3, 2025.