Air T Inc (AIRTP) shareholders
Close on Oct 30, 2026Market cap $50.18MP/E 0.8Yield –
Ownership
Who owns Air T's shares
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Swenson Nicholas John Joint filing with AO Partners I, LP (34.20%), AO Partners LLC (34.20%) and 1 more | 1,303,339 | 48.30% | 13D (active) amendment | Jul 15, 2026 |
| Air T, Inc. Joint filing with AO Partners I, L.P. (7.90%), AO Partners, LLC (7.90%) | 486,819 | 27.50% | 13D (active) amendment | Aug 15, 2024 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Nicholas John Swenson | CEO, Director, 10% owner | 1,352,938 | Aug 12, 2025 |
| Tracy Kennedy | CFO | – | Aug 14, 2025 |
| William R. Foudray | Director | 15,000 | Aug 14, 2025 |
| Gary S. Kohler | Director | 20,103 | Aug 14, 2025 |
| Peter B. McClung | Director | 7,500 | Aug 14, 2025 |
| Travis Jacob Swenson | Director | 982 | Aug 14, 2025 |
| Jamie Thingelstad | Director | – | Aug 14, 2025 |
| Raymond E. Cabillot | Director | 470,529 | Aug 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Nicholas John Swenson CEO, Director, 10% owner | Jun 27, 2025 | Other | −1,620 | – | – | 972,584 |
| William R. Foudray Director | Nov 15, 2024 | Buy | +1,250 | $18.00 | $22.50K | 12,500 |
| Nicholas John Swenson CEO, Director, 10% owner | Dec 28, 2023 | Gift | −611 | – | – | 52,690 |
| William R. Foudray Director | Aug 14, 2023 | Option exercise | +3,750 | $7.04 | $26.40K | 11,250 |
| Peter B. McClung Director | Sep 16, 2022 | Buy | +2,500 | $14.75 | $36.88K | 7,500 |
| Raymond E. Cabillot Director | Sep 16, 2022 | Buy | +1,991 | $15.50 | $30.86K | 13,146 |
| Raymond E. Cabillot Director | Sep 15, 2022 | Buy | +2,707 | $15.41 | $41.71K | 11,155 |
| Raymond E. Cabillot Director | Sep 14, 2022 | Buy | +302 | $15.30 | $4.62K | 8,448 |
| Peter B. McClung Director | Sep 13, 2022 | Buy | +2,400 | $16.75 | $40.20K | 5,000 |
| Peter B. McClung Director | Sep 12, 2022 | Buy | +2,500 | $17.60 | $44.00K | 2,600 |
| Raymond E. Cabillot Director | Sep 12, 2022 | Buy | +5,000 | $17.54 | $87.70K | 8,146 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 26, 2022 | Option exercise | +3,750 | $5.75 | $21.56K | 62,920 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 26, 2022 | Option exercise | +3,750 | $5.75 | $21.56K | 62,920 |
| Peter B. McClung Director | Aug 18, 2022 | Buy | +100 | $17.00 | $1.70K | 100 |
| Raymond E. Cabillot Director | Aug 17, 2022 | Buy | +500 | $15.30 | $7.65K | 3,146 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 15, 2022 | Buy | +1,100 | $24.59 | $27.05K | 972,584 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 14, 2022 | Buy | +1,100 | $24.72 | $27.19K | 971,484 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 11, 2022 | Buy | +875 | $25.52 | $22.33K | 970,384 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 10, 2022 | Buy | +66 | $29.00 | $1.91K | 969,509 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 10, 2022 | Buy | +809 | $27.52 | $22.26K | 969,443 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 9, 2022 | Buy | +875 | $28.82 | $25.22K | 968,634 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 8, 2022 | Buy | +673 | $26.98 | $18.16K | 967,759 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 8, 2022 | Buy | +202 | $26.08 | $5.27K | 967,086 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 7, 2022 | Buy | +37 | $22.77 | $842 | 966,046 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 7, 2022 | Buy | +838 | $24.54 | $20.56K | 966,884 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 4, 2022 | Buy | +720 | $22.60 | $16.27K | 966,009 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 3, 2022 | Buy | +570 | $22.55 | $12.85K | 965,139 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 3, 2022 | Buy | +150 | $23.47 | $3.52K | 965,289 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 2, 2022 | Buy | +420 | $25.33 | $10.64K | 964,569 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 2, 2022 | Buy | +300 | $26.20 | $7.86K | 964,149 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 1, 2022 | Buy | +419 | $25.45 | $10.66K | 963,849 |
| Nicholas John Swenson CEO, Director, 10% owner | Feb 1, 2022 | Buy | +301 | $23.66 | $7.12K | 963,430 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 7, 2021 | Buy | +160 | $36.00 | $5.76K | 961,885 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 7, 2021 | Buy | +340 | $39.27 | $13.35K | 962,641 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 7, 2021 | Buy | +416 | $38.18 | $15.88K | 962,301 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 7, 2021 | Buy | +488 | $40.23 | $19.63K | 963,129 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 7, 2021 | Buy | +60 | $34.96 | $2.10K | 961,725 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 3, 2021 | Buy | +368 | $34.69 | $12.77K | 961,665 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 2, 2021 | Buy | +87 | $34.35 | $2.99K | 961,297 |
| Nicholas John Swenson CEO, Director, 10% owner | Sep 1, 2021 | Buy | +80 | $34.23 | $2.74K | 961,210 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 31, 2021 | Buy | +150 | $34.39 | $5.16K | 961,130 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 30, 2021 | Buy | +100 | $33.90 | $3.39K | 960,980 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 27, 2021 | Buy | +500 | $34.75 | $17.38K | 960,880 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 26, 2021 | Buy | +200 | $34.05 | $6.81K | 960,280 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 26, 2021 | Buy | +100 | $35.00 | $3.50K | 960,380 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 25, 2021 | Buy | +288 | $34.79 | $10.02K | 960,080 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 24, 2021 | Buy | +200 | $34.71 | $6.94K | 959,792 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 23, 2021 | Buy | +100 | $33.37 | $3.34K | 959,592 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 20, 2021 | Buy | +100 | $33.72 | $3.37K | 959,492 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 17, 2021 | Buy | +500 | $32.94 | $16.47K | 959,292 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 17, 2021 | Buy | +100 | $33.70 | $3.37K | 959,392 |
| Raymond E. Cabillot Director | Aug 17, 2021 | Buy | +1,646 | $33.07 | $54.43K | 2,646 |
| Raymond E. Cabillot Director | Aug 17, 2021 | Buy | +1,000 | $33.95 | $33.95K | 1,000 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 16, 2021 | Buy | +300 | $33.13 | $9.94K | 958,792 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 13, 2021 | Buy | +100 | $35.00 | $3.50K | 958,492 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 13, 2021 | Buy | +700 | $33.38 | $23.37K | 958,392 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 12, 2021 | Buy | +300 | $32.73 | $9.82K | 957,346 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 12, 2021 | Buy | +346 | $33.86 | $11.72K | 957,692 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 11, 2021 | Buy | +100 | $32.40 | $3.24K | 957,046 |
| Nicholas John Swenson CEO, Director, 10% owner | Aug 11, 2021 | Buy | +196 | $34.08 | $6.68K | 956,942 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 15, 2026 (FINRA, reported twice a month)
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Air T's stock actually held short. Settlement fails (shares not delivered on time) peaked at 999 shares on Sep 29, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Nicholas John Swenson Officer, Director, 10% Stockholder | Jul 31, 2026 | 10,000 | $190.00K | Jul 31, 2026 | Warrant Exercise |