November 21, 2025 · Form 4 insider transaction
Kaplan Andrew Jay bought 31,250 shares of NextTrip, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 3 days after the transaction.
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 not expiration date.; The shares are held by the Trust. Mr. Kaplan is the trustee of the Kaplan Wright Family Trust (the "Trust"). As such, Mr. Kaplan is deemed to beneficially own the securities held by the Trust.; The securities are held by KC Global Media Asia LLC ("KCGM"). Mr. Kaplan serves as Chairman of KCGM and is deemed to beneficially own the securities held by KCGM.