NextTrip SEC Filings

NextTrip, Inc. filing provides election and governance details for shareholders and discloses beneficial ownership percentages, director and executive compensation elements, and certain fees. The board and executive group together beneficially own 3,744,534 shares (44.5%) based on 8,224,752 shares outstanding as of September 15, 2025. Donald P. Monaco is shown with 1,474,760 shares (17.6%); other named holders include David Jiang (826,455; 9.9%) and a 5% stockholder Swel5, LLC (462,875; 5.6%). The proxy shows audit fees of $16,250, tax fees of $7,283, and other fee line items. The company adopted a Compensation Recovery Policy on November 29, 2023, to recoup erroneously awarded incentive-based compensation in the event of an accounting restatement. Executive and director equity and option holdings and select grant/vesting figures are included in the disclosure.

NextTrip, Inc. (NTRP) preliminary proxy excerpt discloses ownership, director and executive compensation details, auditor fees, and a new compensation recovery policy. The company reports 8,224,752 shares outstanding for purposes of ownership calculations and states that all executive officers and directors as a group beneficially own 3,744,534 shares (44.5%). Individual holdings shown include Donald P. Monaco at 1,474,760 shares (17.6%), David Jiang at 826,455 (9.9%), and Swel5, LLC at 462,875 (5.6%). The board adopted a Compensation Recovery Policy on November 29, 2023, requiring recovery of erroneously awarded incentive-based compensation in the event of an accounting restatement and prohibiting indemnification or insurance to cover such recovery. Reported audit fees total $16,250, tax fees $7,283, and selected executive annualized compensation figures are included.

NextTrip, Inc. Schedule 13G shows Alumni Capital LP, Alumni Capital GP LLC and Ashkan Mapar (the "Reporting Persons") report beneficial interest in 891,616 shares of NextTrip common stock, representing 9.99% of the class as presented in the filing. The reported interests arise from a Securities Purchase Agreement under which the Fund has rights or obligations to acquire shares rather than current outright ownership.

The filing clarifies the Fund currently does not own shares outright but holds warrants to acquire 266,774 shares and is subject to a 4.99% automatic ownership cap under the Purchase Agreement that may be increased to 9.99% by written agreement with the issuer. Shared voting and dispositive power over the reported shares is indicated for all Reporting Persons.

NextTrip, Inc. (NTRP) reporting person Donald P. Monaco, a director and greater-than-10% owner, reported a disposition of 102,579 common shares on 08/29/2025. After the reported transfer, Monaco beneficially owns 1,304,290 shares through the Donald P. Monaco Insurance Trust and holds additional indirect interests of 1,733 shares via Monaco Investment Partners, LP and 11,386 shares via Travel and Media Tech, LLC.

The filing explains the 102,579-share transfer consisted of 95,625 shares moved to NextTrip Group, LLC to satisfy obligations related to warrants assigned from Travel and Media Tech, LLC, plus 6,954 shares to satisfy delivery obligations of the Group. The report disclaims beneficial ownership of amounts exceeding Monaco’s pecuniary interest in certain entities.

William Kerby, a director and CEO of NextTrip, Inc. (NTRP), reported a change in beneficial ownership on Form 4. He transferred 102,579 common shares on 08/29/2025, consisting of 95,625 shares moved to NextTrip Group, LLC to satisfy obligations tied to warrants issued by Travel and Media Tech, LLC (TMT), and 6,954 shares delivered by Group to satisfy Group obligations to a third party. The report shows 1,233,673 shares owned following the transaction and an indirect holding of 11,386 shares via Travel and Media Tech, LLC, of which Kerby is a 48% member. The filing includes a disclosure that 9,934 shares were issued to Kerby in June 2025 as a dividend on Series L Non-Voting Convertible Preferred Stock, exempt from Section 16.