X0306 4 2022-09-14 0 0000353184 AIR T INC AIRT 0001361476 CABILLOT RAYMOND E 3033 EXCELSIOR BOULEVARD STE. 560 MINNEAPOLIS MN 55416 1 0 0 0 Common Stock 2022-09-14 4 P 0 302 15.3013 A 8448 I by Car of MN LLC Common Stock 2022-09-15 4 P 0 2707 15.4118 A 11155 I by Car of MN LLC Common Stock 2022-09-16 4 P 0 1991 15.50 A 13146 I by Car of MN LLC Common Stock 394090 I By Farnam Street Partners, L.P. Common Stock 55793 I By FS Special Opportunities I, LP Common Stock 7500 D The price reported in Column 4 is a weighted average price. The actual prices for these transactions ranged from $15.30 to $15.50. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the range. The price reported in Column 4 is a weighted average price. The actual prices for these transactions ranged from $15.35 to $15.45. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the range. Since the reporting person's last Form 4, it was determined that 1,758 shares that were initially reported as being held by Farnham Street Partners, L.P., are actually held by FS Opportunities Fund I, LP. /s/ Raymond E. Cabillot 2022-09-16