Transaction #12146 · Form 4 · 0001493152-25-024888
NextTrip, Inc. · Conversion · Series L Nonvoting Convertible Preferred Stock
NextTrip, Inc. · Transacted November 21, 2025 · Filed November 24, 2025
What does this filing report?
An SEC Form 4 filing for NextTrip, Inc. records a conversion involving Series L Nonvoting Convertible Preferred Stock on November 21, 2025. The reported quantity was 331,124. The filing date is November 24, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- NextTrip, Inc.
- Company CIK
- 0000788611
- Security type
- Derivative
- Acquisition type
- Conversion · Code C
- Quantity acquired
- 331,124
- Reported price
- 0 · See footnotes
- Reference value
- 0
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 0
- Ownership description
- Not reported
- SEC acceptance time
- Nov 24, 2025, 9:29 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- KERBY WILLIAM ↗
Director
CIK 0001447019
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Derivative terms
- Underlying security
- Common Stock
- Underlying quantity
- 331,124
- Conversion / exercise price
- 0
- Exercise date
- Not reported
- Expiration date
- Not reported
Filing footnotes & remarks
- F1
- Each share of Series L 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
- Includes shares of Common Stock that were acquired through quarterly dividend distributions.
- F3
- The shares are beneficially owned by Travel and Media LLC ("TMT"). The Reporting Person is a 48% member of TMT. As such, the Reporting Person is deemed to beneficially own the shares held by TMT. The Reporting Person disclaims beneficial ownership of all securities held by TMT in excess of his pecuniary interest, if any, and this report shall not be deemed to be an admission that he is a beneficial owner of, or has a 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.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.