---
schema_version: "secwatch.filing_event.v1"
accession: "0000353184-23-000100"
form_type: "8-K"
ticker: "AIRT"
cik: "0000353184"
company_name: "AIR T INC"
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:33:54.868168+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Air T stockholders elect all directors, approve Say-on-Pay and officer exculpation amendment

## Summary
- 92.96% of outstanding shares (2,619,417 of 2,817,754) represented at the 2023 annual meeting.
- All six director nominees elected, with Nicholas J. Swenson receiving highest votes (2,171,160).
- Advisory vote on executive compensation passed with 2,165,729 for, 6,194 against.
- Amendment to Certificate of Incorporation for officer exculpation approved (2,166,541 for, 4,688 against).
- Ratification of Deloitte & Touche as independent auditor for 2024 passed with 2,619,172 for.

## SEC filing metadata
- accession: 0000353184-23-000100
- form_type: 8-K
- ticker: AIRT
- cik: 0000353184
- company_name: AIR T INC
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/353184/000035318423000100/0000353184-23-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/353184/000035318423000100/airt-20230821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000353184-23-000100
- JSON: https://secwatch.observer/filing/0000353184-23-000100.json
- Plain text: https://secwatch.observer/filing/0000353184-23-000100.txt

## Key facts
- Shareholder Votes
  AIR T INC shareholders approved Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2024. at the 2023-08-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-08-16
  source text: Proposal 4. Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2024. Votes For Votes Against Abstain 2,619,172 70 175
  evidence_url: https://www.sec.gov/Archives/edgar/data/353184/000035318423000100/0000353184-23-000100-index.htm
- Shareholder Votes
  AIR T INC shareholders approved Advisory vote to approve the compensation of the Company's named executive officers. at the 2023-08-16 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-08-16
  source text: Proposal 2. Advisory vote to approve the compensation of the Company's named executive officers. Votes For Votes Against Abstain Broker Non-Votes 2,165,729 6,194 342 447,152
  evidence_url: https://www.sec.gov/Archives/edgar/data/353184/000035318423000100/0000353184-23-000100-index.htm
- Shareholder Votes
  AIR T INC shareholders approved Election of Directors at the 2023-08-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-08-16
  source text: Proposal 1. Election of Directors Votes For Votes Withheld Broker Non-Votes Raymond E. Cabillot 2,148,999 23,266 447,152 William R. Foudray 1,930,912 241,353 447,152 Gary S. Kohler 2,170,767 1,498 447,152 Peter McClung 2,148,999 23,266 447,152 Nicholas J. Swenson 2,171,160 1,105 447,152 Travis Swenson Jamie Thingelstad 2,170,935 2,171,160 1,330 1,105 447,152 447,152
  evidence_url: https://www.sec.gov/Archives/edgar/data/353184/000035318423000100/0000353184-23-000100-index.htm
- Shareholder Votes
  AIR T INC shareholders approved Adopt an amendment to the Company's Certificate of Incorporation to allow for the exculpation of Officers. at the 2023-08-16 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-08-16
  source text: Proposal 3. Adopt an amendment to the Company's Certificate of Incorporation to allow for the exculpation of Officers. Votes For Votes Against Abstain Broker Non-Votes 2,166,541 4,688 1,036 447,152
  evidence_url: https://www.sec.gov/Archives/edgar/data/353184/000035318423000100/0000353184-23-000100-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.