NextTrip, Inc. — Director's Dealing 2025

Mar 29, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NextTrip, Inc. (NTRP)
CIK: 0000788611
Period of Report: 2025-03-26

Reporting Person: KERBY WILLIAM (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-26	Common Stock	A	966560	—	Acquired	1007359	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11386	Indirect

Footnotes

F1: Shares received by the Reporting Person upon achievement of certain milestones pursuant to that share exchange agreement entered into by and among the Issuer and various other parties on October 13, 2023 (as amended, the "Exchange Agreement"), pursuant to which all outstanding shares of NextTrip Holdings, Inc. were exchanged for shares of the Issuer's common stock (the "Exchange"). Additional shares of the Issuer may be issued to the Reporting Person in the future upon achievement of certain other milestones in accordance with the Exchange Agreement. No additional consideration was paid in connection with the Exchange, which closed on December 29, 2023.

F2: Includes 2,174 shares issued to the Reporting Person in March 2025 as a dividend on shares of Series L Nonvoting Convertible Preferred Stock of the Issuer held by the Reporting Person, which issuance was exempt from Section 16 pursuant to Rule 16a(9)(a).

F3: The shares are beneficially owned by Travel and Media Tech, LLC ("TMT"). The Reporting Person is a 50% 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 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 0f 1934, as amended, or for any other purpose.