Andrew Jay Kaplan - 12 Sep 2025 Form 4 Insider Report for NextTrip, Inc. (NTRP)

Role
Director
Signature
/s/ Andrew Jay Kaplan
Issuer symbol
NTRP
Transactions as of
12 Sep 2025
Transactions value $
$100,000
Form type
4
Filing time
12 Sep 2025, 17:15:57 UTC
Previous filing
25 Jul 2025
Next filing
06 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kaplan Andrew Jay Director 3900 PASEO DEL SOL, SANTA FE /s/ Andrew Jay Kaplan 12 Sep 2025 0002078356

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 Other $100,000 +31,250 $3.2 31,250 12 Sep 2025 Common Stock 31,250 By Kaplan Wright Family Trust F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares (the "Shares") of Series Q Nonvoting Convertible Preferred Stock ("Series Q Preferred") shall not be convertible into shares of Common Stock unless and until stockholder approval of the conversion of the Series Q Preferred into Common Stock ("Stockholder Approval") is obtained. Following receipt of Stockholder Approval, each share of Series Q Preferred will automatically convert into one share of Common Stock, subject to certain limitations.
F2 The Shares were acquired from the Issuer in a private transaction pursuant to a Securities Purchase Agreement at a purchase price of $3.20 per Share.
F3 The Shares do not expire.
F4 The Shares are held by the Kaplan Wright Family Trust (the "Trust"). Mr. Kaplan is the trustee of the trust. As such, Mr. Kaplan is deemed to beneficially own the securities held by the Trust.
F5 Mr. Kaplan 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.