WILLIAM KERBY - 05 May 2025 Form 4 Insider Report for NextTrip, Inc. (NTRP)

Signature
/s/ William Kerby
Issuer symbol
NTRP
Transactions as of
05 May 2025
Transactions value $
$0
Form type
4
Filing time
07 May 2025, 19:47:06 UTC
Previous filing
28 Mar 2025
Next filing
02 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KERBY WILLIAM Chief Executive Officer, 10%+ Owner 3900 PASEO DEL SOL, SANTA FE /s/ William Kerby 07 May 2025 0001447019

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRP Common Stock Award +318,959 +31.66% 1,326,318 05 May 2025 Direct F1
holding NTRP Common Stock 11,386 05 May 2025 By Travel and Media Tech, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received by the Reporting Person upon achievement of the final milestone (the "Milestone") pursuant to that share exchange agreement entered into by and among the Issuer and various other parties on October 13, 2023, pursuant to which all outstanding shares of NextTrip Holdings, Inc. were exchanged for shares of the Issuer's common stock (the "Exchange"). The Exchange closed on December 29, 2023. No additional consideration was paid for the shares issued to the Reporting Person upon achievement of the Milestone.
F2 The shares are beneficially owned by Travel and Media Tech, LLC ("TMT"). The Reporting Person is a 48% member of TMT. As such, the Reporting Person is deemed to beneficially own the shares held by TMT. The Reporting Person disclaims beneficial ownership of all securities held by TMT 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 purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.