{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-042671","form_type":"8-K","ticker":"NTRP","cik":"0000788611","company_name":"NextTrip, Inc.","filed_at":"2023-11-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.005239+00:00","generated_at":"2026-06-07T22:01:04.684122+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sigma Additive CEO to resign upon NextTrip acquisition close; retention bonuses approved for CEO and CFO","bullets":["CEO Jacob Brunsberg to resign as President and CEO upon NextTrip acquisition closing; receives $204,511 prorated retention bonus.","Brunsberg also gets $62,500 separation payment (3 months' salary) and equity award of 31,250 shares subject to stockholder approval.","CFO Frank Orzechowski to remain after close; gets $109,073 prorated retention bonus and $200,000 severance if terminated without cause/for good reason within 18 months.","If acquisition fails, bonuses only payable if asset sale to Divergent Technologies closes; otherwise agreements void.","Prior change-in-control agreements for both executives terminated as of November 22, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-042671","json":"https://secwatch.observer/filing/0001493152-23-042671.json","markdown":"https://secwatch.observer/filing/0001493152-23-042671.md","text":"https://secwatch.observer/filing/0001493152-23-042671.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788611/000149315223042671/0001493152-23-042671-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788611/000149315223042671/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T22:01:04.684122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8e97f4ed80","claim":"Jacob Brunsberg resigned as President and Chief Executive Officer at NextTrip, Inc..","evidence_excerpt":"Mr. Brunsberg will resign as our President and Chief Executive Officer and as an employee of the Company concurrently with the closing of the acquisition and that William Kerby, the co-founder and Chief Executive Officer of NextTrip, will concurrently be appointed as our Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/788611/000149315223042671/0001493152-23-042671-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"b9056d6392","claim":"William Kerby was appointed as Chief Executive Officer at NextTrip, Inc..","evidence_excerpt":"Mr. Brunsberg will resign as our President and Chief Executive Officer and as an employee of the Company concurrently with the closing of the acquisition and that William Kerby, the co-founder and Chief Executive Officer of NextTrip, will concurrently be appointed as our Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/788611/000149315223042671/0001493152-23-042671-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}