Company: AIRTP
Filing Date: 2025-08-12
Form Type: 10-K/A
Source: 0000353184-25-000069
Chunk: 53

Company: AIR T INC
Filing Date: 2025-08-12
Form: 10-K/A
Chunk 53
---
 record a liability when a loss is considered probable, and the amount can be reasonably estimated.

Item 4. Mine Safety Disclosures.

Not applicable.

# PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

The Company’s common stock is publicly traded on the NASDAQ Capital Market under the symbol “AIRT.”

As of March 31, 2025, the approximate number of holders of record of the Company’s Common Stock was 149.

The Company has not paid any cash dividends since 2014.

On May 14, 2014, the Company announced that its Board of Directors had authorized a program to repurchase up to 750,000 shares (adjusted to 1,125,000 shares after the stock split on June 10, 2019) of the Company’s common stock from time to time on the open market or in privately negotiated transactions, in compliance with SEC Rule 10b-18, over an indefinite period. The Company purchased 70,756 shares pursuant to this authorization during the fiscal year ended March 31, 2025.

The equity compensation plan information called for by Item 201(d) of Regulation S-K is set forth in Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of Part III of this report under the heading “Equity Compensation Plan Information”.

Purchases of shares of Common Stock during the fourth quarter are described below:

<div align='center'>31</div>

| Dates of             
 Shares Purchased     |     | Total Number of  
 Shares Purchased |     |        |     | Average Price  
 Paid per Share |       |     | Total Number of Shares 
 Purchased as Part of   
 Publicly Announced     
 Plans or Programs      |     |        |     | Maximum Number of      
 Shares that May Yet Be 
 Purchased Under the    
 Plans or Programs      |     |         |
|:---------------------|:----|:-----------------|:----|-------:|:----|:---------------|------:|:----|:-----------------------|:----|-------:|:----|:-----------------------|:----|--------:|
| Jan 1 - Jan 31, 2025 |     |                  |     | 16,343 |     | $              | 19.99 |     |                        |     | 16,343 |     |                        |     | 775,505 |
|