---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-036026"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2026-08-04T21:17:57+00:00"
generated_at: "2026-08-04T21:20:06.093715+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NextTrip issues 89,430 shares to directors to settle $144,877 in board compensation debt

## Summary
- Issued 89,430 common shares at $1.62/share to settle $144,876.71 of unpaid board compensation.
- Total outstanding payable was $289,753.42; $144,876.71 was repaid in cash on July 31, 2026.
- Purchasers include former directors Salvatore Battinelli, Jacob Brunsberg, Dennis Duitch, Kent Summers, and current director Donald Monaco.
- Transaction approved by disinterested directors and audit committee; exempt under Section 4(a)(2) and Rule 506 of Regulation D.
- Upon issuance, the remaining debt is fully satisfied and all claims released.

## SEC filing metadata
- accession: 0001493152-26-036026
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2026-08-04T21:17:57+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788611/000149315226036026/0001493152-26-036026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315226036026/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-036026
- JSON: https://secwatch.observer/filing/0001493152-26-036026.json
- Plain text: https://secwatch.observer/filing/0001493152-26-036026.txt

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