Air T shareholders back board, pay at 92% turnout
Rhea-AI Filing Summary
AIR T, INC. (AIRT) reported the results of its 2026 Annual Meeting of Stockholders held on August 25, 2026. Of 2,696,509 common shares outstanding and entitled to vote, 2,483,550 shares were represented, a turnout of 92.1%.
Stockholders elected directors Raymond E. Cabillot, William R. Foudray, Gary S. Kohler, Peter McClung, and Nicholas J. Swenson, with each nominee receiving over 2.17 million votes for and minimal votes withheld, plus 299,695 broker non-votes. An advisory vote approved the compensation of named executive officers with 2,180,386 votes for, 2,842 against, 625 withheld, and 299,695 broker non-votes. Stockholders also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm with 2,481,936 votes for, 1,596 against, and 17 abstentions.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares outstanding and entitled to vote: 2,696,509 shares
Shares represented at meeting: 2,483,550 shares
Meeting turnout: 92.1%
+3 more
6 metrics
Shares outstanding and entitled to vote
2,696,509 shares
Common stock at the 2026 Annual Meeting
Shares represented at meeting
2,483,550 shares
Shares present or represented by proxy at the 2026 Annual Meeting
Meeting turnout
92.1%
Percentage of outstanding shares represented at the 2026 Annual Meeting
Say-on-pay votes for
2,180,386 votes
Advisory vote approving compensation of named executive officers
Auditor ratification votes for
2,481,936 votes
Ratification of Deloitte & Touche LLP as independent registered public accounting firm
Broker non-votes on Proposal 1
299,695 votes
Broker non-votes for each director election proposal
Key Terms
broker non-votes, advisory vote, independent registered public accounting firm, emerging growth company
4 terms
broker non-votes financial
"Votes For | Votes Withheld | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory vote financial
"Advisory vote to approve the compensation of the Company's named executive officers"
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
independent registered public accounting firm financial
"Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
Were all director nominees elected at AIR T, INC. (AIRT)'s 2026 Annual Meeting?
Yes. All five nominees—Raymond E. Cabillot, William R. Foudray, Gary S. Kohler, Peter McClung, and Nicholas J. Swenson—were elected, each receiving over 2.17 million votes for and only a small number of votes withheld, plus 299,695 broker non-votes for each nominee.
How did AIRT stockholders vote on executive compensation in 2026?
Stockholders approved the advisory vote on the compensation of AIR T, INC.’s named executive officers, with 2,180,386 votes for, 2,842 against, 625 votes withheld, and 299,695 broker non-votes.
Which auditor did AIR T, INC. (AIRT) have ratified for 2026 and what were the vote results?
Stockholders ratified Deloitte & Touche LLP as AIR T, INC.’s independent registered public accounting firm, with 2,481,936 votes for, 1,596 against, and 17 abstentions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
