NextTrip Inc. Files DEF 14A: Executive Compensation Details
Ticker: NTRP · Form: DEF 14A · Filed: Feb 3, 2025 · CIK: 788611
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
NextTrip's DEF 14A is out, detailing exec pay & shareholder votes. Check it for compensation specifics.
AI Summary
NextTrip, Inc. filed a DEF 14A on February 3, 2025, detailing executive compensation and corporate governance for the fiscal year ending February 28, 2024. The filing includes information on compensation for key executives, such as the CEO and other principal officers, and outlines proposals to be voted on by shareholders at the upcoming annual meeting. Specific details on stock awards, options, and other benefits provided to named executive officers are presented.
Why It Matters
This filing provides shareholders with crucial information regarding how executive compensation is structured and approved, impacting their voting decisions on corporate governance matters.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures about executive compensation and corporate governance, but can sometimes reveal issues or proposals that may affect shareholder value.
Key Numbers
- 0228 — Fiscal Year End (Indicates the end of the reporting period for financial and compensation data.)
- 20250203 — Filing Date (The date the DEF 14A was officially submitted to the SEC.)
Key Players & Entities
- NextTrip, Inc. (company) — Filer of the DEF 14A
- SIGMA ADDITIVE SOLUTIONS, INC. (company) — Former company name
- SIGMA LABS, INC. (company) — Former company name
- FRAMEWAVES INC (company) — Former company name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors, executive compensation, and other proposals, and provides detailed information about these matters.
What is NextTrip, Inc.'s fiscal year end?
NextTrip, Inc.'s fiscal year ends on February 28th, as indicated in the filing.
When was this DEF 14A filed?
This DEF 14A filing was made on February 3, 2025.
Has NextTrip, Inc. always been known by this name?
No, NextTrip, Inc. was formerly known as SIGMA ADDITIVE SOLUTIONS, INC., SIGMA LABS, INC., and FRAMEWAVES INC, with name changes occurring on August 12, 2022, October 14, 2010, and January 30, 2001, respectively.
What is the SIC code for NextTrip, Inc.?
The Standard Industrial Classification (SIC) code for NextTrip, Inc. is 4700, which falls under Transportation Services.
Filing Stats: 4,897 words · 20 min read · ~16 pages · Grade level 11.6 · Accepted 2025-02-03 16:30:27
Filing Documents
- formdef14a.htm (DEF 14A) — 803KB
- formpre14a_001.jpg (GRAPHIC) — 6KB
- proxy_001.jpg (GRAPHIC) — 236KB
- proxy_002.jpg (GRAPHIC) — 390KB
- 0001493152-25-004682.txt ( ) — 3064KB
- ntrp-20240229.xsd (EX-101.SCH) — 6KB
- ntrp-20240229_def.xml (EX-101.DEF) — 12KB
- ntrp-20240229_lab.xml (EX-101.LAB) — 66KB
- ntrp-20240229_pre.xml (EX-101.PRE) — 46KB
- formdef14a_htm.xml (XML) — 125KB
EXECUTIVE COMPENSATION AND OTHER INFORMATION
EXECUTIVE COMPENSATION AND OTHER INFORMATION 28
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 45 TRANSACTIONS WITH RELATED PERSONS 48 INTERESTS OF CERTAIN PERSONS IN MATTERS TO BE ACTED UPON 50 OTHER MATTERS 50 MISCELLANEOUS 50 WHERE YOU CAN FIND MORE INFORMATION 51 NextTrip, Inc. 3900 Paseo del Sol Santa Fe, New Mexico 87507 PROXY FOR THE 2025 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON FEBRUARY 27, 2025 This proxy statement (the "Proxy Statement") is furnished in connection with the solicitation of proxies by the board of directors (the "Board") of NextTrip, Inc., a Nevada corporation (the "Company," "NextTrip," "we" or "us"), for use at the 2025 Annual Meeting of Stockholders of the Company (the "Annual Meeting"), to be held on Thursday, February 27, 2005, at 10:00 a.m. Mountain Time. We have adopted a virtual format for our Annual Meeting to provide a consistent and convenient experience to all stockholders regardless of location. In order to virtually attend the Annual Meeting, you must register at https://agm.issuerdirect.com/ntrp-2025 by 11:59 p.m. Eastern Time on February 26, 2025. You will not be able to attend the Annual Meeting in person. Stockholders virtually attending the Annual Meeting will be afforded substantially the same rights and opportunities to participate as they would at an in-person meeting. We encourage you to join us and participate online. We recommend that you log in a few minutes before 10:00 a.m. Mountain Time, on February 27, 2025 to ensure you are logged in when the Annual Meeting starts. For further information, please see the Questions and Answers about the Annual Meeting beginning on the second page of this Proxy Statement. On or about February 6, 2025, we are mailing this Proxy Statement, the accompanying proxy card and our Annual Report on Form 10-K for our fiscal year ended February 29, 2024 (the "Annual Report") to each of our stockholders entitled to notice of and to vote at the An