Kaplan Andrew Jay 4
4 · NextTrip, Inc. · Filed Nov 24, 2025
Insider Transaction Report
Form 4
NextTrip, Inc.NTRP
Kaplan Andrew Jay
Director
Transactions
- Conversion
Common stock
2025-11-21+31,250→ 36,250 total(indirect: By Trust) - Conversion
Series Q Nonvoting Convertible Preferred Stock
2025-11-21+31,250→ 0 total(indirect: By Trust)Exercise: $0.00→ Common Stock (31,250 underlying)
Holdings
- 108,400(indirect: By LLC)
Common stock
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]Mr. Kaplan disclaims beneficial ownership of all securities held by KCGM and 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 purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.