Jiang David T 4

What Happened
David T. Jiang, a director of NextTrip, Inc. (NTRP), acquired 18,200 shares on June 18, 2026 in a private purchase at $2.75 per share for a total cash outlay of $50,050. In connection with that purchase the company issued a warrant covering 18,200 shares with an exercise price of $2.75 per share, exercisable until June 18, 2029. This was a purchase transaction (a buy), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction date: June 18, 2026; Form filed: June 22, 2026 (appears timely).
• Purchase: 18,200 shares at $2.75 each — total $50,050.
• Derivative/warrant: 18,200-share warrant issued, exercise price $2.75, exercisable until June 18, 2029 (per footnote).
• Filing reports an additional line for a derivative conversion of 18,200 shares at $0.00; footnote clarifies the company issued the warrant in connection with the purchase.
• Shares owned after the transaction: not disclosed in the reported filing.

Context

• This was a direct purchase plus issuance of a warrant (a long-dated option to buy more shares at the same price). Warrants give the holder the right, but not the obligation, to buy shares later at the stated exercise price.
• The transaction is reported by a company director (not a 10% owner or employee award) and was filed within a few days of the trade, consistent with Form 4 timing requirements.
• As always, insider purchases are factual data points; they do not guarantee future stock performance.