KIRCHER STEPHEN C - 21 Nov 2025 Form 4 Insider Report for NextTrip, Inc. (NTRP)

Role
Director
Signature
/s/ Stephen Kircher
Issuer symbol
NTRP
Transactions as of
21 Nov 2025
Transactions value $
$0
Form type
4
Filing time
25 Nov 2025, 12:34:29 UTC
Previous filing
06 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KIRCHER STEPHEN C Director 3900 PASEO DEL SOL, SANTA FE /s/ Stephen Kircher 24 Nov 2025 0001091222

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRP Common Stock Conversion of derivative security $0 +34,223 +2.58% $0 47,501 21 Nov 2025 By The Kircher Family Trust F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTRP Series Q Nonvoting Convertible Preferred Stock Conversion of derivative security $0 +34,223 $0 0 21 Nov 2025 Common Stock 34,223 $0 By The Kircher Family Trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series Q Nonvoting Convertible Preferred Stock was converted into one share of Common Stock upon receipt of stockholder approval, which approval was obtained on November 19, 2025, and the underlying Common Stock shares were issued on November 21, 2025. The shares have no expiration date.
F2 The shares were originally acquired by Mr. Kircher and subsequently transferred by Mr. Kircher to The Kircher Family Trust (the "Trust"). Mr. Kircher is the trustee of the trust. As such, Mr. Kircher is deemed to beneficially own the securities held by the Trust.
F3 Mr. Kircher disclaims beneficial ownership of all securities held by the Trust in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.