4//SEC Filing
Monaco Donald P 4
Accession 0001493152-25-024890
CIK 0000788611other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 9:29 PM ET
Size
10.9 KB
Accession
0001493152-25-024890
Insider Transaction Report
Form 4
NextTrip, Inc.NTRP
Monaco Donald P
Director
Transactions
- Conversion
Series L Nonvoting Convertible Preferred Stock
2025-11-21+745,032→ 0 total(indirect: By Trust)Exercise: $0.00→ Common Stock (745,032 underlying) - Conversion
Common Stock
2025-11-21+745,032→ 2,206,673 total(indirect: By Trust)
Holdings
- 1,733(indirect: By Monaco Investment Partners, LP)
Common Stock
- 11,386(indirect: By LLC)
Common Stock
Footnotes (6)
- [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 the Donald P. Monaco Insurance Trust (the "Trust"). The Reporting Person is the trustee of the Trust. As such, the Reporting Person is deemed to beneficially own the shares held by the Trust
- [F4]The shares are beneficially owned by Monaco Investment Partners, LP ("MI Partners"). The Reporting Person is the managing general partner of MI Partners. As such, the Reporting Person is deemed to beneficially own the securities held by the MI Partners.
- [F5]The securities are beneficially owned by Travel & Media, LLC ("TMT"). Monaco Investment Partners II, LP ("MI II Partners") is a 52% member of TMT. The Reporting Person is the managing general partner of MI II Partners. As such, the Reporting Person is deemed to beneficially own the shares held by TMT.
- [F6]The Reporting Person disclaims beneficial ownership of all securities held by MI Partners, MI II Partners and 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 of 1934, as amended, or for any other purpose.
Documents
Issuer
NextTrip, Inc.
CIK 0000788611
Entity typeother
Related Parties
1- filerCIK 0001563607
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 9:29 PM ET
- Size
- 10.9 KB