KIRCHER STEPHEN C 4
4 · NextTrip, Inc. · Filed Nov 25, 2025
Insider Transaction Report
Form 4
NextTrip, Inc.NTRP
KIRCHER STEPHEN C
Director
Transactions
- Conversion
Common Stock
2025-11-21+34,223→ 47,501 total(indirect: By Trust) - Conversion
Series Q Nonvoting Convertible Preferred Stock
2025-11-21+34,223→ 0 total(indirect: By Trust)Exercise: $0.00→ Common Stock (34,223 underlying)
Footnotes (3)
- [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 no expiration date.
- [F2]The shares were originally acquired by Mr. Kircher and subsequently transferred by Mr. Kircher to The Kircher Family Trust (the "Trust"). Mr. Kircher is the trustee of the trust. As such, Mr. Kircher is deemed to beneficially own the securities held by the Trust.
- [F3]Mr. Kircher 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.