Welcome to our dedicated page for Air T SEC filings (Ticker: AIRTP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Air T Funding Alpha Income Trust Preferred Securities (NASDAQ: AIRTP) provides access to regulatory documents filed by Air T, Inc. and related entities that are relevant to the Alpha Income Preferred trust preferred securities. These filings include current reports on Form 8-K, definitive proxy statements on Schedule 14A, registration statements and prospectus materials referenced in company announcements about AIRTP and associated warrants.
Through these filings, investors can review how Air T, Inc. describes the terms of the Alpha Income Preferred securities, including distribution rates, record and payment dates, and the structure of warrants (AIRTW) that were exercisable for fractional interests in AIRTP. Proxy statements also detail proposals affecting preferred equity, such as amendments to increase the number of authorized preferred shares, along with the results of stockholder votes on these matters.
Filings on Form 8-K highlight material events that may be important for AIRTP holders, such as financing arrangements involving Air T’s aviation-related subsidiaries, changes to credit facilities, and updates to investor presentations. These documents can show how Air T, Inc. manages its portfolio of overnight air cargo, aviation ground support equipment manufacturing, and commercial aircraft asset management and logistics businesses, and how those activities interact with its capital structure.
On Stock Titan, these SEC filings are supplemented with AI-powered summaries that explain the key points of lengthy documents in plain language. Investors can quickly understand the implications of annual reports on Form 10-K, quarterly updates on Form 10-Q, and current reports on Form 8-K without reading every page. The platform also surfaces real-time updates from EDGAR so new filings related to Air T, Inc. and AIRTP appear promptly, and it highlights information about preferred stock authorization, governance decisions, and other items that may affect the Alpha Income Preferred securities.
By using this page, investors can navigate complex SEC documents more efficiently, compare multiple filings over time, and focus on the sections that matter most for evaluating AIRTP and its relationship to Air T, Inc.’s broader financial position and strategy.
AO Partners Group and Nicholas J. Swenson report a 1,335,270‑share beneficial stake, representing 49.4% of Air T, Inc. common stock. The group, including AO Partners Fund, Groveland entities and Glenhurst Co., reports various ownership blocks such as 952,885 shares (35.3%) held through AO Partners Fund and related entities. Based on 2,702,639 shares outstanding as of October 31, 2025, the filing reflects significant influence over the company.
The group states it believes Air T stock is undervalued and that its intent is to influence company policies and assert shareholder rights to maximize share value, which may be deemed a control purpose. The amendment aggregates prior, individually immaterial changes, notes total acquisition costs of $11,600,977, and confirms no Air T share purchases or sales by the reporting persons in the past 60 days.
Air T, Inc. has amended its financing arrangements with Alerus Financial, updating both its revolving credit facility and a term loan. The revolving credit commitment was increased to
Air T Funding is offering up to 320,000 Alpha Income Preferred Securities at a liquidation value of $25.00 per Capital Security, representing an aggregate offering price up to $8,000,000 through an at-the-market facility with Ascendiant Capital Markets as sales agent. Sales may occur on NASDAQ or in negotiated transactions; the sales agent fee is 3.0% of gross proceeds. As of July 31, 2025, 2,130,147 Capital Securities are outstanding (including 520,000 held by subsidiaries) and 58,173 shares were sold in the 12 months ended July 31, 2025. The Capital Securities pay cumulative quarterly distributions at an annual rate of $2.00 per share (8.0% of $25), payable quarterly and defeasible for up to 20 consecutive quarters. The securities trade on NASDAQ under AIRTP, with the last reported sales price of $18.45 on August 8, 2025.
William R. Foudray, a director of Air T Inc., reported transactions dated 08/11/2025. The filing shows a sale of 12,500 shares of Common Stock, reported as a disposition. On the same date he acquired two grants of stock options: 500 options with a $30 exercise price and 500 options with a $50 exercise price, each exercisable beginning 08/06/2026 and expiring 08/06/2045, corresponding to 500 underlying shares apiece.
An explanatory note clarifies that certain unexercisable options granted in December 2020 are subject to future vesting tied to price-based tranches and testing dates; after prior expirations the total amount of outstanding options from that grant series is 1,500. The form is signed 08/14/2025. The filing contains no revenue, earnings, or percentage ownership figures.
Gary S. Kohler, a director of Air T Inc. (ticker AIRT), reported transactions dated 08/11/2025. He disposed of 20,103 shares of common stock and acquired two stock option awards of 500 shares each on the same date. The options have exercise prices of $30 and $50, become exercisable on 08/06/2026, and expire on 08/06/2045. Each option award covers 500 underlying shares and is reported as directly owned with a reported post-transaction beneficial ownership of 500 for each grant. The filing notes that previously granted unexercisable options from December 2020 are subject to price-tranche vesting and expirations and that, after prior expirations, 1,500 options remain outstanding. The form is signed and dated 08/14/2025.
Peter B. McClung, a director of Air T Inc. (AIRT), reported the acquisition of two option grants on 08/11/2025. Each grant covers 500 stock options: one with a $30 exercise price and one with a $50 exercise price. Both option series become exercisable on 08/06/2026 and expire on 08/06/2045. Following the reported transactions, Mr. McClung directly beneficially owns 500 shares tied to each grant (totaling 1,000 underlying shares reported here); the filing notes that, after prior expirations, the company currently has 1,500 options outstanding tied to earlier grants and that some earlier options are unexercisable pending future stock-price tests described in the company proxy.
Jamie Thingelstad, a director of Air T Inc. (AIRTP), reported option grants dated 08/11/2025 totaling 2,750 stock options that underlie 2,750 common shares. The grants consist of two 500‑option awards (exercise prices $30 and $50, exercisable 08/06/2026, expiring 08/06/2045) and six tranche‑style awards (exercise prices ranging from $38.23 to $61.06, exercisable beginning 06/30/2026, expiring 06/30/2041). Each tranche vests in six annual test dates with ~10% step‑ups to the exercise price and 16.67% of the grant vesting at each test date, per the company proxy referenced.
Reporting person: The Form 3 names Kennedy Tracy as the reporting person and lists a Minneapolis address. The reporter is identified as the company's CFO. The date of the event requiring the statement is 10/16/2024. The filing lists six separate stock option awards, each for 250 shares of Common Stock exercisable on 06/30/2025 and expiring on 06/30/2041, with exercise prices of $33.98, $36.78, $39.76, $42.93, $46.29, and $49.85. The filing states that after expirations tied to unmet price tranches, the total amount outstanding as of 10/16/2024 was 1,750 options. The form is signed and dated 08/14/2025.
Air T Inc. (AIRT) reporting person Trang Kennedy, identified as the company's Chief Financial Officer, reported derivative security transactions dated 08/11/2025. Two option awards were acquired the same day: 2,000 options at a $30 exercise price and 2,000 options at a $50 exercise price. Both option grants become exercisable on 08/06/2026 and expire on 08/06/2045. The Form 4 shows 2,000 shares beneficially owned following each reported transaction and indicates a cumulative outstanding option balance of 15,000 after prior expirations tied to price-based vesting tranches. The filing is signed on 08/14/2025.
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