NextTrip, Inc. — Director's Dealing 2025

Nov 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NextTrip, Inc. (NTRP)
CIK: 0000788611
Period of Report: 2025-11-21

Reporting Person: KERBY WILLIAM (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-21	Common Stock	C	331124	$0.0	Acquired	1586117	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-21	Series L Nonvoting Convertible Preferred Stock	$0	C	331124	Acquired		Common Stock (331124)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11386	Indirect

Footnotes

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.