secwatch.observer — SEC 8-K summary
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Issuer:     NextTrip, Inc. (NTRP)
CIK:        0000788611
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001493152-26-010077
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextTrip enters new CFO employment agreement with Frank Orzechowski
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- CFO Frank Orzechowski signs employment agreement effective Feb 10, 2026; base salary $250,000.
- Equity bonus of 10,000 fully vested shares; guaranteed cash bonus of $13,500 for 2026.
- Severance: 6 months' base salary on involuntary termination; unvested equity accelerates.
- Portion of salary from Sep 2025 to Mar 2026 satisfied in vested shares at $50,000 annual rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788611/000149315226010077/0001493152-26-010077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788611/000149315226010077/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-010077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer