The estimated Net Worth of Nicholas John Swenson is at least $3.78 Million dollars as of 26 August 2022. Mr. Swenson owns over 3,750 units of Air T Inc stock worth over $1,415,071 and over the last 14 years he sold AIRT stock worth over $2,313,671. In addition, he makes $50,250 as Chairman of the Board, President, Chief Executive Officer, and Director at Air T Inc.
Nicholas has made over 176 trades of the Air T Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 3,750 units of AIRT stock worth $21,563 on 26 August 2022.
The largest trade he's ever made was selling 487,913 units of Air T Inc stock on 19 November 2013 worth over $1,912,619. On average, Nicholas trades about 9,634 units every 22 days since 2011. As of 26 August 2022 he still owns at least 62,920 units of Air T Inc stock.
You can see the complete history of Mr. Swenson stock trades at the bottom of the page.
Nicholas John Swenson serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. He has served as as a director of the Company since August 2012 and as Chairman of the Board of Directors since August 2013. In October 2013, Mr. Nick Swenson was appointed as the interim President and Chief Executive Officer of the Company and was appointed as President and Chief Executive Officer of the Company in February 2014. Mr. Nick Swenson is also the managing member of AO Partners, LLC which is the general partner of AO Partners I, L.P., an investment fund. Mr. Nick Swenson served as a portfolio manager and partner of Whitebox Advisors, LLC, an investment management firm, from September 2001 until February 2009. Mr. Nick Swenson serves as a director and Chairman of the Board of Pro-Dex, Inc., as a director of Delphax Technologies Inc., and formerly served as a director of Insignia Systems, Inc. The Board believes that Mr. Nick Swenson’s position as Chief Executive Officer of the Company provides the Board with unique insight regarding Company-wide issues. In addition, Mr. Nick Swenson’s financial, analytical and investment experience and skills provides the Board of Directors with additional expertise in these areas and, as a representative of the Company’s largest stockholder, he provides additional stockholder perspectives to the Board of Directors.
As the Chairman of the Board, President, Chief Executive Officer, and Director of Air T Inc, the total compensation of Nicholas Swenson at Air T Inc is $50,250. There are 2 executives at Air T Inc getting paid more, with Brian Ochocki having the highest compensation of $251,250.
Nicholas Swenson is 51, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Air T Inc since 2014. There are 6 older and 4 younger executives at Air T Inc. The oldest executive at Air T Inc is Cheryl C. Sigmon, 65, who is the Chief Financial Officer of Air Cargo Segment.
Nicholas's mailing address filed with the SEC is 5000 W 36th St #130, Minneapolis, MN 55416, USA.
Over the last 20 years, insiders at Air T Inc have traded over $46,370,644 worth of Air T Inc stock and bought 1,077,305 units worth $21,888,608,468 . The most active insiders traders include Capital Corp.Biglari, Sarda..., Nicholas John Swenson, and Of David Clark Sr Estate. On average, Air T Inc executives and independent directors trade stock every 21 days with the average trade being worth of $245,388. The most recent stock trade was executed by Raymond E Cabillot on 14 September 2022, trading 5,000 units of AIRT stock currently worth $77,200.
air t inc. operates in two industry segments, providing air cargo services to the air express delivery industry through its wholly owned subsidiaries, mountain air cargo, inc. ("mac") & csa air, inc. ("csa"), and aviation ground support and other specialized industrial equipment products and services through its wholly owned subsidiaries, global ground support, llc ("global") & global aviation services, llc ("gas"). mac & csa provide small package overnight air freight delivery services on a contract basis throughout the eastern half of the united states, puerto rico and the caribbean. mac & csa operate approximately 90 aircraft under agreements with federal express. mac and csa operate under separate aviation certifications. mac is certified to operate under part 121 & part 135 of the regulations of the federal aviation administration . this certification permits mac to operate aircraft that can carry up to 18,000 pounds of cargo. mac's principal office, and airt's corporate headqua
Air T Inc executives and other stock owners filed with the SEC include: