Transaction #5735 · Form 4 · 0001493152-25-021124

NextTrip, Inc. · Other acquisition · Series Q Nonvoting Convertible Preferred Stock

NextTrip, Inc. · Transacted September 15, 2025 · Filed November 6, 2025

Original SEC filing ↗

What does this filing report?

An SEC Form 4 filing for NextTrip, Inc. records an other acquisition involving Series Q Nonvoting Convertible Preferred Stock on September 15, 2025. The reported quantity was 34,223. The filing date is November 6, 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 CIK
0000788611
Security type
Derivative
Acquisition type
Other acquisition · Code J
Quantity acquired
34,223
Reported price
3.2
Reference value
109,513.6
Currency
Currency not specified
Ownership
Direct
Holdings after transaction
34,223
Ownership description
Not reported
SEC acceptance time
Nov 6, 2025, 7:33 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

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

NTRP · Nasdaq

This transaction is not mapped to a specific company listing.

Derivative terms

Underlying security
Common Stock
Underlying quantity
34,223
Conversion / exercise price
Not reported
Exercise date
Not reported
Expiration date
Not reported

Filing footnotes & remarks

F1
The shares (the "Shares") of Series Q Nonvoting Convertible Preferred Stock ("Series Q Preferred") shall not be convertible into shares of Common Stock unless and until stockholder approval of the conversion of the Series Q Preferred into Common Stock ("Stockholder Approval") is obtained. Following receipt of Stockholder Approval, each share of Series Q Preferred will automatically convert into one share of Common Stock, subject to certain limitations.
F2
The Shares were acquired from the Issuer in a private transaction pursuant to a Securities Purchase Agreement at a purchase price of $3.20 per Share.
F3
The Shares do not expire.

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.