NextTrip director linked entity buys NTRP shares, warrants

NextTrip, Inc. director Andrew Jay Kaplan reported indirect purchases and updated holdings in the company’s common stock and warrants.

Rhea-AI Filing Summary

NextTrip, Inc. director Andrew Jay Kaplan reported indirect purchases and updated holdings in the company’s common stock and warrants. KC Global Media Asia LLC entered into a Securities Purchase Agreement on May 8, 2026 to acquire 18,182 common shares at $2.75 per share, for a total purchase price of $50,000, together with warrants to buy 9,091 common shares at a $3.00 exercise price, expiring on May 8, 2029.

Following these transactions, KC Global Media Asia LLC holds 51,582 common shares and 129,124 warrants to purchase common stock, all reported as indirectly owned by Kaplan. A separate indirect position of 36,250 common shares is held by the Kaplan Wright Family Trust, where Kaplan serves as trustee and is deemed a beneficial owner subject to stated pecuniary-interest disclaimers.

Insider Trade Summary

Net Buyer: 18,182 shares

Net Buy 3 txns

Insider Kaplan Andrew Jay

Role Director

Bought 18,182 shs ($50K)

Type	Security	Shares	Price	Value
Other	Warrants to purchase common stock	9,091	$0.00	$0.00
Purchase	Common stock	18,182	$2.75	$50K
holding	Common stock	--	--	--

Holdings After Transaction: Warrants to purchase common stock — 129,124 contracts (Indirect, By KC Global Media Asia LLC); Common stock — 51,582 shares (Indirect, By KC Global Media Asia LLC); Common stock — 36,250 shares (Indirect, By Kaplan Wright Family Trust)

Footnotes (4)

1. F1. The Issuer and KC Global Media Asia, LLC ("KCGM") entered into a Securities Purchase Agreement on May 8, 2026 pursuant to which KCGM purchased from Issuer in a private transaction 18,182 shares of common stock and warrants to purchase 9,091 shares of common stock for a purchase price of $50,000.
2. F2. Mr. Kaplan disclaims beneficial ownership of all securities held by KCGM and the Kaplan Wright Family Trust (the "Trust") in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has 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.
3. F3. The securities are held by KCGM. Mr. Kaplan serves as Chairman of KCGM and is deemed to beneficially own the securities held by KCGM.
4. F4. The shares are held by the Trust. Mr. Kaplan is the trustee of the Trust. As such, Mr. Kaplan is deemed to beneficially own the securities held by the Trust.

Key Figures

Common shares purchased: 18,182 shares Purchase price per share: $2.75/share Total purchase price: $50,000 +5 more

8 metrics

Common shares purchased 18,182 shares KC Global Media Asia LLC private purchase on May 8, 2026

Purchase price per share $2.75/share Price for 18,182 common shares acquired May 8, 2026

Total purchase price $50,000 Consideration for 18,182 shares plus 9,091 warrants

Warrants acquired 9,091 warrants KC Global Media Asia LLC acquisition on May 8, 2026

Warrant exercise price $3.00/share Exercise price for 9,091 warrants expiring May 8, 2029

Warrants held after transaction 129,124 warrants KC Global Media Asia LLC indirect holdings after reported transactions

Common shares via KC Global Media Asia LLC 51,582 shares Indirect common stock holdings reported after purchase

Common shares via Kaplan Wright Family Trust 36,250 shares Indirect holdings through the Trust as of May 8, 2026

Key Terms

Securities Purchase Agreement, warrants to purchase common stock, beneficial ownership, pecuniary interest, +1 more

5 terms

Securities Purchase Agreement financial

"The Issuer and KC Global Media Asia, LLC ("KCGM") entered into a Securities Purchase Agreement on May 8, 2026"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

warrants to purchase common stock financial

"warrants to purchase 9,091 shares of common stock for a purchase price of $50,000"

beneficial ownership financial

"Mr. Kaplan disclaims beneficial ownership of all securities held by KCGM and the Kaplan Wright Family Trust"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"in excess of his pecuniary interest, if any, and this report shall not be deemed an admission"

indirect ownership financial

"nature_of_ownership": "By KC Global Media Asia LLC""

FAQ

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

What insider transaction did NextTrip (NTRP) disclose for Andrew Jay Kaplan?

NextTrip disclosed that an entity associated with director Andrew Jay Kaplan, KC Global Media Asia LLC, purchased 18,182 common shares and related warrants in a private transaction on May 8, 2026, updating his indirect ownership positions through that entity and a family trust.

How many NextTrip (NTRP) shares did KC Global Media Asia LLC buy and at what price?

KC Global Media Asia LLC bought 18,182 NextTrip common shares for a total purchase price of $50,000. The reported per-share purchase price was $2.75, reflecting a negotiated private-placement transaction under a Securities Purchase Agreement dated May 8, 2026.

What warrants related to NextTrip (NTRP) stock were acquired in this transaction?

Alongside the common shares, KC Global Media Asia LLC acquired warrants to purchase 9,091 NextTrip common shares. These warrants carry an exercise price of $3.00 per share and are scheduled to expire on May 8, 2029, providing potential future equity exposure.

What are Andrew Jay Kaplan’s indirect common share holdings in NextTrip (NTRP) after these transactions?

After the reported transactions, KC Global Media Asia LLC holds 51,582 NextTrip common shares, and the Kaplan Wright Family Trust holds 36,250 common shares. Both positions are reported as indirectly owned by Kaplan, reflecting his roles with each entity and related beneficial ownership attributions.

How many NextTrip (NTRP) warrants are indirectly held after this Form 4 filing?

Following the May 8, 2026 transactions, KC Global Media Asia LLC is reported as holding 129,124 warrants to purchase NextTrip common stock. These warrants include the newly acquired 9,091 warrants and represent a significant derivative position with a $3.00 per-share exercise price.

Does Andrew Jay Kaplan fully own all KC Global Media Asia and trust-held NextTrip (NTRP) securities?

Kaplan is deemed to beneficially own securities held by KC Global Media Asia LLC and the Kaplan Wright Family Trust, but he disclaims beneficial ownership of any interests exceeding his pecuniary interest. This limitation is explicitly stated in the disclosure’s footnote language.

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Accepted by SEC EDGAR 05/11/2026 - 09:30 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kaplan Andrew Jay

(Last) (First) (Middle)

3900 PASEO DEL SOL

(Street)

SANTA FE NEW MEXICO 87507

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NextTrip, Inc. [ NTRP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	05/08/2026		P		18,182	A	$2.75(1)	51,582	I	By KC Global Media Asia LLC(2)(3)
Common stock								36,250	I	By Kaplan Wright Family Trust(2)(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants to purchase common stock	$3	05/08/2026		J(1)		9,091		05/08/2026	05/08/2029	Common Stock	9,091	$0.00	129,124	I	By KC Global Media Asia LLC(2)(3)

Explanation of Responses:

1. The Issuer and KC Global Media Asia, LLC ("KCGM") entered into a Securities Purchase Agreement on May 8, 2026 pursuant to which KCGM purchased from Issuer in a private transaction 18,182 shares of common stock and warrants to purchase 9,091 shares of common stock for a purchase price of $50,000.

2. Mr. Kaplan disclaims beneficial ownership of all securities held by KCGM and the Kaplan Wright Family Trust (the "Trust") in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has 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.

3. The securities are held by KCGM. Mr. Kaplan serves as Chairman of KCGM and is deemed to beneficially own the securities held by KCGM.

4. The shares are held by the Trust. Mr. Kaplan is the trustee of the Trust. As such, Mr. Kaplan is deemed to beneficially own the securities held by the Trust.

	/s/ Andrew Jay Kaplan	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)