---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-004824"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T07:13:03.531607+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sigma Labs promotes Jacob Brunsberg to President and COO; CEO Ruport resigns as President but remains CEO

## Summary
- Jacob Brunsberg promoted to President and COO effective Feb 16, 2022; previously SVP Product Marketing and Strategic Relationships.
- Brunsberg's base salary increased from $200,000 to $250,000; granted 70,000 stock options (exercise $2.50) and 30,000 SARs (exercise $2.50), vesting monthly over 3 years.
- CEO Mark Ruport resigned as President but remains CEO; his annual base salary reduced from $250,000 to $200,000.
- Brunsberg to lead strategic initiatives including software-only offering, OEM integration, partnerships, and subscription pricing.

## SEC filing metadata
- accession: 0001493152-22-004824
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000149315222004824/0001493152-22-004824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315222004824/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-004824
- JSON: https://secwatch.observer/filing/0001493152-22-004824.json
- Plain text: https://secwatch.observer/filing/0001493152-22-004824.txt

## Key facts
- Executive change
  Jacob Brunsberg changed role as President and Chief Operating Officer at NextTrip, Inc..
  - Action: promoted
  - Role: President and Chief Operating Officer
  source text: promoted Jacob Brunsberg to serve as President and Chief Operating Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788611/000149315222004824/0001493152-22-004824-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.