SCHWARTZ CARL I. purchased 33.3% of their position (500K shares) of NEXTTRIP, INC. on the open market
Open‑market purchase worth $348.7K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 8/16/2019ACC: 0001179110-19-009568
+500K
Net shares
Net buyer
$348.7K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
500K acquired
Non-Derivative Transactions2
Common Stock
Direct
Shares
+437.57K
Price / share
$0.69
Trade value
$301.92K
% of position
29.2%
8/8/2019
1.50M→1.94M
Common Stock
Direct
Shares
+62.43K
Price / share
$0.75
Trade value
$46.82K
% of position
3.2%
8/9/2019
1.94M→2M
Total
Net shares
+500K
Net value
$348.75K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/8/2019 | P · Purchase | +437.57K | $0.69 | $301.92K | 29.2% | 1.50M | 1.94M |
| Common Stock Direct | 8/9/2019 | P · Purchase | +62.43K | $0.75 | $46.82K | 3.2% | 1.94M | 2M |
| Total | +500K | $348.75K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Common Stock
DirectShares owned1.50M
Common Stock
IndirectShares owned400K
Total
1.50M direct·400K indirect1.90M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.50M | Direct |
| Common Stock | 400K | Indirect |
| Total | 1.90M | 1.50M direct·400K indirect |
Derivative Holdings (Post-Transaction)1
Warrants to Purchase Common Stock
IndirectUnderlying security
Common Stock
Underlying shares
200K
Shares owned
200K
Exercise price
1.56
Expiration
—
Exercise window
—
Total
Underlying
200K
Owned
200K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Warrants to Purchase Common Stock Indirect | Common Stock | 1.56 | — | — | 200K | 200K |
| Total | 200K | 200K | ||||