4//SEC Filing
Swenson Nicholas John 4
Accession 0000897069-25-001157
CIK 0000353184other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 9:43 PM ET
Size
9.6 KB
Accession
0000897069-25-001157
Insider Transaction Report
Form 4
AIR T INCAIRT
Swenson Nicholas John
10% Owner
Transactions
- Other
Common Stock
2025-06-27−1,620→ 972,584 total(indirect: By AO Partners I, LP)
Holdings
- 52,690(indirect: By LLC)
Common Stock
- 169,806(indirect: By LLC)
Common Stock
- 94,938(indirect: By Glenhurst Co.)
Common Stock
- 62,920
Common Stock
Footnotes (5)
- [F1]On June 27, 2025, the General Partner of AO Partners I, L.P. (the "Fund") made an irrevocable delegation of sole voting and dispositive power over 1,620 shares to a third party. There was no consideration paid and there was no change in pecuniary interest. So, the total shares held by the Fund did not change. The sole impact was to reduce the beneficial ownership of the Fund pursuant to Rule 13d-3 of the Securities Exchange Act of 1934 (on an aggregate basis the reporting person is the beneficial owner of less than 50% of the common stock).
- [F2]The reported securities are owned directly by AO Partners I, L.P., and indirectly by AO Partners, LLC, as General Partner of AO Partners I, L.P., and Nicholas J. Swenson as Managing Member of AO Partners, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]The reported securities are owned directly by Glenhurst Co., a Minnesota corporation. Nick Swenson is the President and sole director of Glenhurst Co. Nick Swenson directs the voting of all shares owned by Glenhurst Co. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F4]The reported securities are owned directly by Groveland Capital, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland Capital, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F5]The reported securities are owned directly by Groveland DST, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland DST, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
AIR T INC
CIK 0000353184
Entity typeother
Related Parties
1- filerCIK 0001478067
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 9:43 PM ET
- Size
- 9.6 KB