Company: AIRTP
Filing Date: 2025-06-27
Form Type: 10-K
Source: 0000353184-25-000044
Chunk: 205

Company: AIR T INC
Filing Date: 2025-06-27
Form: 10-K
Item: Item 5
Chunk 205
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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:

30

Dates ofShares PurchasedTotal Number ofShares PurchasedAverage PricePaid per ShareTotal Number of SharesPurchased as Part ofPublicly AnnouncedPlans or ProgramsMaximum Number ofShares that May Yet BePurchased Under thePlans or ProgramsJan 1 - Jan 31, 202516,343$19.99 16,343775,505Feb 1 - Feb 28, 202512,065$20.16 12,065763,440Mar 1 - Mar 31, 202511,212$18.09 11,212752,228

As of March 31, 2025, the Company did not sell any equity securities within the past three years that were not registered under the Securities Act.