August 29, 2025 · Form 4 insider transaction
Monaco Donald P sold 102,579 shares of NextTrip, Inc., a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.
Shares transferred by the Reporting Person consisting of (a) 95,625 shares which were transferred to NextTrip Group, LLC ("Group") to satisfy certain obligations on behalf of Travel and Media Tech, LLC ("TMT") pursuant to a Warrant Assignment Agreement to transfer shares of the Issuer upon exercise of warrants issued by TMT; and (b) 6,954 shares transferred to Group to satisfy obligations of Group regarding delivery to a third party of shares of the Issuer owned by Group.; Includes 22,351 shares issued to the Reporting Person in June 2025 as a dividend on shares of Series L Non-Voting Convertible Preferred Stock of the Issuer held by the Reporting Person which issuance is exempt from Section 16 pursuant to Rule 16a(9)(a).; The shares are beneficially owned by the Donald P. Monaco Insurance Trust (the "Trust"). The Reporting Person is the trustee of the Trust. As such, the Reporting Person is deemed to beneficially own the shares held by the Trust.; The Reporting Person disclaims beneficial ownership of all securities held by Monaco Investment Partners, LP ("MI Partners"), Monaco Investment Partners II LP (" MI II Partners"), and 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.