Form 4: NextTrip Director Andrew Kaplan Boosts Stake with $4.12 Share Purchase

NextTrip, Inc. Director and 10% owner Andrew Jay Kaplan acquired 5,000 shares of common stock at a weighted average price of $4.12 per share.

Summary

• Andrew Jay Kaplan, a Director and 10% owner of NextTrip, Inc. (NTRP), purchased 5,000 shares of common stock.
• The transaction occurred on July 23, 2025.
• The shares were acquired at a weighted average price of $4.12, with individual transactions ranging from $4.12 to $4.13.
• Following this transaction, Mr. Kaplan beneficially owns 5,000 shares indirectly through the Kaplan Wright Family Trust and 75,000 shares indirectly through KC Global Media Asia, LLC, totaling 80,000 shares.
• Mr. Kaplan disclaims beneficial ownership of shares held by the Trust and KC Global Media Asia, LLC in excess of his pecuniary interest.

Sentiment

Score: 8

Explanation: The purchase of shares by a Director and 10% owner indicates strong insider confidence, which is a positive signal for investors.

Positives

• A Director and 10% owner, Andrew Jay Kaplan, increased his stake in NextTrip, Inc. by purchasing 5,000 shares, signaling confidence in the company's future prospects.
• The purchase price of $4.12 per share indicates a specific valuation at which a key insider is willing to invest personal capital.

Negatives

• No negative aspects were explicitly stated in this Form 4 filing.

Risks

• NA

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends. Insider purchases can sometimes signal management's confidence in the company's position within its industry.

Comparison to Industry Standards

• This Form 4 filing details an insider stock purchase and does not provide financial or operational results that can be compared to industry benchmarks or specific comparable companies/projects.

Related Party Transactions

• The shares acquired are held indirectly by the Kaplan Wright Family Trust, of which Mr. Kaplan is the trustee.
• An additional 75,000 shares are held indirectly by KC Global Media Asia, LLC, where Mr. Kaplan serves as Chairman.
• Mr. Kaplan disclaims beneficial ownership of these indirect holdings in excess of his pecuniary interest.

Stakeholder Impact

• Shareholders: The insider purchase may instill greater confidence among existing and potential shareholders, suggesting management believes the stock is undervalued or has significant upside potential.
• Management/Employees: An insider increasing their stake can signal alignment of interests between management and shareholders.

Next Steps

• This Form 4 filing does not mention any specific future actions, events, or milestones for the company.

Key Dates

Recommendation

The purchase of shares by a Director and 10% owner, Andrew Jay Kaplan, at a price of $4.12 per share, signals strong insider confidence in NextTrip, Inc.'s valuation and future prospects. Such insider buying often precedes positive company developments or reflects a belief that the stock is currently undervalued, making it a compelling 'buy' signal for investors.

Keywords

NextTrip Inc., NTRP, Andrew Jay Kaplan, Insider Trading, Form 4, Stock Purchase, Director, 10% Owner, Beneficial Ownership, Equity Acquisition