AIR T, INC. Files 8-K on Shareholder Vote Matters
Ticker: AIRTP · Form: 8-K · Filed: Aug 23, 2024 · CIK: 353184
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: AIRT
TL;DR
AIRT is holding a shareholder vote, details to follow.
AI Summary
On August 21, 2024, AIR T, INC. filed an 8-K report detailing a submission of matters to a vote of security holders. The filing indicates that the company is seeking shareholder approval for certain corporate actions, though specific details of the vote are not elaborated upon in this summary.
Why It Matters
This filing signals that AIR T, INC. is engaging in significant corporate governance activities requiring shareholder input, which could impact the company's future direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose immediate financial risks or significant operational changes.
Key Players & Entities
- AIR T, INC. (company) — Registrant
- August 21, 2024 (date) — Date of earliest event reported
FAQ
What specific matters are being submitted for a vote of security holders?
The filing indicates a submission of matters to a vote of security holders, but the specific details of these matters are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 21, 2024.
What is the SEC file number for AIR T, INC.'s 8-K filing?
The SEC file number is 001-35476.
What is the primary business of AIR T, INC. according to the filing?
AIR T, INC. is listed under the Standard Industrial Classification code 4513 for AIR COURIER SERVICES.
What is the fiscal year end for AIR T, INC.?
The fiscal year end for AIR T, INC. is March 31.
Filing Stats: 569 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-08-23 14:01:21
Filing Documents
- airt-20240823.htm (8-K) — 42KB
- 0000353184-24-000104.txt ( ) — 206KB
- airt-20240823.xsd (EX-101.SCH) — 3KB
- airt-20240823_def.xml (EX-101.DEF) — 15KB
- airt-20240823_lab.xml (EX-101.LAB) — 27KB
- airt-20240823_pre.xml (EX-101.PRE) — 16KB
- airt-20240823_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders (a) On August 21, 2024, the Company held its 2024 Annual Meeting of Stockholders. Of the 2,760,047 shares of the Company's common stock outstanding and entitled to vote, 2,484,143 shares, or 90.00%, were represented at the meeting. (b) During the annual meeting, the Company's stockholders voted on the following matters: Proposal 1. Election of Directors Votes For Votes Withheld Broker Non-Votes Raymond E. Cabillot 2,068,991 18,401 396,751 William R. Foudray 1,874,210 213,182 396,751 Gary S. Kohler 2,086,054 1,338 396,751 Peter McClung 2,068,991 18,401 396,751 Nicholas J. Swenson 2,086,055 1,337 396,751 Travis Swenson Jamie Thingelstad 2,086,062 2,086,055 1,330 1,337 396,751 396,751 Proposal 2. Advisory vote to approve the compensation of the Company's named executive officers. Votes For Votes Against Abstain Broker Non-Votes 2,080,815 6,008 569 396,751 Proposal 3. Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2025. Votes For Votes Against Abstain 2,476,401 1,976 5,766
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 23, 2024 AIR T, INC. By: /s/ Brian Ochocki Brian Ochocki, Chief Financial Officer