KIRCHER STEPHEN C 4
4 · NextTrip, Inc. · Filed Nov 6, 2025
Insider Transaction Report
Form 4
NextTrip, Inc.NTRP
KIRCHER STEPHEN C
Director
Transactions
- Other
Series Q Nonvoting Convertible Preferred Stock
2025-09-15$3.20/sh+34,223$109,514→ 34,223 total→ Common Stock (34,223 underlying)
Footnotes (3)
- [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.