NextTrip (NTRP) Director Andrew Kaplan Buys 52,910 Shares

What Happened Andrew Jay Kaplan, a director of NextTrip, acquired 52,910 shares of NextTrip common stock in a private transaction on September 17, 2026 at $1.89 per share for a total cash purchase of $100,000. The filing also reports an accompanying derivative interest—warrants to purchase 52,910 shares—recorded as an other acquisition (derivative) with $0 shown in the transaction line; footnotes confirm the purchase included both the shares and warrants.

These are purchases (not sales), which investors often view as a more informative signal than routine disposals. The acquired securities are held by KC Global Media Asia, LLC (KCGM), and Mr. Kaplan is deemed to beneficially own those securities in his capacity as Chairman of KCGM. Additional shares are reported as held by the Kaplan Wright Family Trust, where Mr. Kaplan is trustee; he disclaims beneficial ownership beyond any pecuniary interest.

Key Details

• Transaction date: September 17, 2026; Form 4 filed September 22, 2026 (filed 5 days after the trade).
• Purchase: 52,910 shares at $1.89 per share — total cash paid $100,000.
• Derivative: 52,910 warrants (reported as an other acquisition, code J, $0 on the form); footnote says warrants were part of the $100,000 private purchase.
• Holdings after transaction: not specified in the provided filing details.
• Beneficial ownership: securities held by KCGM (Kaplan is Chairman and deemed beneficial owner) and some securities held by the Kaplan Wright Family Trust (Kaplan is trustee).
• Disclaimer: Mr. Kaplan disclaims beneficial ownership of any securities held by KCGM or the Trust in excess of his pecuniary interest.

Context

• This was a private purchase that included both shares and warrants (not a market sale or option exercise). Warrants give the holder the right to buy additional shares later under specified terms — check the full filing for warrant strike price and expiration if relevant.
• The Form 4 was filed five days after the transaction date; Section 16 filings are typically due within two business days, so the timing may be late (the filing shows the later date).