Company: AIRTP
Filing Date: 2025-06-23
Form Type: PRE 14A
Source: 0000353184-25-000035
Chunk: 26

Company: AIR T INC
Filing Date: 2025-06-23
Form: PRE 14A
Chunk 26
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 Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights |         |   | Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights(1) |   |     | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a)) |        |   |
|                                                             |     | -a                                                                                          |         |   | -b                                                                             |   |     | -c                                                                                                                                          |        |   |
| Equity compensation plans approved by security holders:     |     |                                                                                             |         |   |                                                                                |   |     |                                                                                                                                             |        |   |
| Air T 2012 Stock Option Plan                                |     |                                                                                             |         | 0 |                                                                                |   | N/A |                                                                                                                                             |        | 0 |
| Air T 2020 Omnibus Stock Option Plan                        |     |                                                                                             | 226,000 |   |                                                                                |   | N/A |                                                                                                                                             | 71,950 |   |
| Equity compensation plans not approved by security holders: |     |                                                                                             |       — |   |                                                                                | — |     |                                                                                                                                             |      — |   |
| Total                                                       |     |                                                                                             | 226,000 |   |                                                                                |   | N/A |                                                                                                                                             | 71,950 |   |

(1) Whether any of the unexerciseable options vest, and the amount that does vest, is tied to various price tranches (six per year) corresponding to future testing dates (June 30 of each year) and the achievement of our Common Stock trading at or above the exercise price for each applicable price tranche. In the event that the market price of our common stock does not reach or

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exceed the exercise price during the 60 days immediately preceding the applicable price tranche, 100% of the applicable options associated with that price tranche expire immediately. [None of the options listed in the table are vested as of June 30, 2025]

#### Pay Versus Performance
We are providing the following information about the relationship between executive compensation actually paid (“CAP”) and certain financial performance measures of the Company as required by SEC rules.

| Year |     | Summary compensation table  total for PEO ($)(1) |     |        |     | Compensation actually paid to PEO ($)(2) |     |          |     | Average summary compensation table