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8-K//Current report

AIR T INC 8-K

Accession 0000353184-26-000005

$AIRTCIK 0000353184operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 4:12 PM ET

Size

184.8 KB

Accession

0000353184-26-000005

Research Summary

AI-generated summary of this filing

Updated

Air T, Inc. Raises CFO Tracy Kennedy's Compensation

What Happened
Air T, Inc. filed an 8-K on January 5, 2026, disclosing changes to the compensatory arrangement for its Chief Financial Officer, Tracy Kennedy, effective January 1, 2026. The company approved base salary market adjustments and raised Ms. Kennedy’s annual bonus target.

Key Details

  • Base salary increases of 23% for 2026, 9% for 2027 and 10% for 2028.
  • Annual bonus target increased from 40% to 50% of base salary.
  • Disclosure filed under Item 5.02 (Departure/Election of Directors or Certain Officers); Item 9.01 lists no financial statements or exhibits.

Why It Matters
This change increases Air T’s near‑term and multi‑year compensation expense for its CFO and signals the company’s action to retain or align pay with market levels for its finance leader. Investors should note the higher ongoing cash and bonus commitments when assessing corporate governance, executive incentives, and potential impacts on future reported expenses.