AIR T, INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers the 2026 Annual Meeting of Stockholders held by AIR T, INC. on August 25, 2026. The report was filed on August 28, 2026. The company is incorporated in Delaware and trades on the NASDAQ Capital Market (Common Stock: AIRT) and NASDAQ Global Market (Alpha Income Preferred Securities: AIRTP).
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural report regarding shareholder voting results and does not contain financial performance data.
Material Changes and Voting Results
Of the 2,696,509 shares of common stock outstanding and entitled to vote, 2,483,550 shares (92.1%) were represented at the meeting. Stockholders approved the following proposals:
- Proposal 1 (Election of Directors): All five nominees (Raymond E. Cabillot, William R. Foudray, Gary S. Kohler, Peter McClung, and Nicholas J. Swenson) were elected with over 2.17 million votes "For" each. Broker non-votes totaled 299,695 for all nominees.
- Proposal 2 (Say-on-Pay): The advisory vote to approve executive compensation passed with 2,180,386 votes "For" and 2,842 votes "Against."
- Proposal 3 (Auditor Ratification): The appointment of Deloitte & Touche LLP as the independent registered public accounting firm was ratified with 2,481,936 votes "For" and 1,596 votes "Against."
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the reporting of voting outcomes.
Key Facts for Investor Verification
- Verify the final composition of the Board of Directors following the election of the five nominees.
- Confirm the continued engagement of Deloitte & Touche LLP as the independent auditor.
- Review the company's subsequent filings (e.g., 10-K or 10-Q) for financial performance data, as this 8-K contains no financial metrics.
- Note the high level of shareholder participation (92.1% representation) and the strong support for management proposals.