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NextTrip officer plans sale of 100K shares

An officer of NextTrip, Inc. has filed a Rule 144 notice to sell 100,000 shares of common stock, with no recent prior sales or 10b5-1 trading plan.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NextTrip, Inc. (NTRP) has a notice of proposed sale under Rule 144 by officer John McMahon for 100,000 shares of common stock. The shares are to be sold through Charles Schwab & Co., Inc. with an aggregate market value of $202,000, based on Nasdaq pricing as of September 22, 2026. The securities were originally acquired on February 6, 2025 in connection with the sale of Five Star Alliance for non-cash consideration consisting of ownership interests in Five Star Alliance. The seller reports no sales of NextTrip securities during the three months preceding this notice and states the proposed sale is not being made pursuant to a Rule 10b5-1 trading plan or trading instruction.

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Shares to be sold 100,000 shares Proposed sale of NextTrip, Inc. common stock under Rule 144
Aggregate market value of shares to be sold $202,000 Market value of 100,000 shares based on Nasdaq pricing as of September 22, 2026
Shares outstanding 14,919,927 shares Shares of NextTrip, Inc. common stock outstanding referenced in the Form 144
Date of acquisition February 6, 2025 Acquisition date of securities issued in connection with the sale of Five Star Alliance
Shares acquired in connection with Five Star Alliance sale 171,477 shares Amount of securities issued in connection with the sale of Five Star Alliance
Date of notice September 22, 2026 Date of the Form 144 notice signed by John McMahon
Rule 144 regulatory
"notice of proposed sale under Rule 144 by officer John McMahon"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1 trading plan regulatory
"The proposed sale is not being made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Non-cash consideration financial
"Non-cash consideration: ownership interests in Five Star Alliance"
Non-cash consideration is payment made in a deal that does not involve cash, such as shares, assets, debt relief, services, or intellectual property. It matters to investors because it changes a company's balance sheet and ownership mix—like trading goods for goods instead of paying cash—affecting reported cash flow, potential share dilution, and how the value of a transaction is reflected in financial statements and valuations.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is being disclosed in NextTrip, Inc. (NTRP)’s Form 144 filing?

The filing discloses that officer John McMahon intends to sell 100,000 shares of NextTrip, Inc. common stock under Rule 144 through Charles Schwab & Co., Inc., with an aggregate market value of $202,000 based on Nasdaq pricing on September 22, 2026.

How many NextTrip (NTRP) shares does the Form 144 cover and what is their value?

The notice covers a proposed sale of 100,000 shares of NextTrip, Inc. common stock, with an aggregate market value of $202,000, as reported in the Form 144 under the securities information section.

Who is selling the NextTrip, Inc. (NTRP) shares and through which broker?

The proposed sale is for the account of John McMahon, identified as an officer of NextTrip, Inc. The shares are to be sold through Charles Schwab & Co., Inc., located in Westlake, Texas.

When were the NextTrip (NTRP) shares being sold under Form 144 originally acquired?

The securities were acquired on February 6, 2025 in connection with the sale of Five Star Alliance, as reported in the Form 144’s securities to be sold section, for non-cash consideration consisting of ownership interests in Five Star Alliance.

Has the seller made any recent sales of NextTrip, Inc. (NTRP) securities before this Form 144?

No. The remarks state that the seller reports no sales of NextTrip, Inc. securities during the three months preceding this notice of proposed sale under Rule 144.

Is the planned sale of NextTrip (NTRP) shares under a Rule 10b5-1 trading plan?

No. The remarks specify that the proposed sale is not being made pursuant to a Rule 10b5-1 trading plan or trading instruction.

How many NextTrip, Inc. (NTRP) shares were outstanding referenced in this Form 144?

The Form 144 reports that 14,919,927 shares of NextTrip, Inc. common stock were outstanding, as shown in the securities information section alongside the proposed 100,000-share sale figure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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