HOROWITZ BENJAMIN A 4

Accession 0001166586-25-000007

CIK 0001639723other

View on SEC.gov Company Profile

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 7:38 PM ET

Size

41.4 KB

Accession

0001166586-25-000007

Insider Transaction Report

Form 4

Period: 2025-10-31

Navan, Inc.NAVN

HOROWITZ BENJAMIN A

Director10% Owner

Transactions

Conversion
Class A Common Stock
2025-10-31+2,081,772→ 2,081,772 total(indirect: By Andreessen Horowitz Fund V, L.P.)
Conversion
Series F Preferred Stock
2025-10-31−2,309,297→ 0 total(indirect: By Andreessen Horowitz LSV Fund II, L.P.)
→ Class A Common Stock (777,832 underlying)
Conversion
Class A Common Stock
2025-10-31+607,161→ 607,161 total(indirect: By Andreessen Horowitz LSV Fund III, L.P.)
Conversion
Series C Preferred Stock
2025-10-31−41,635→ 0 total(indirect: By CLF Partners, LP)
→ Class A Common Stock (13,878 underlying)
Conversion
Series D Preferred Stock
2025-10-31−20,244,280→ 0 total(indirect: By Andreessen Horowitz LSV Fund I, L.P.)
→ Class A Common Stock (6,757,090 underlying)
Conversion
Series E Preferred Stock
2025-10-31−9,763,156→ 0 total(indirect: By Andreessen Horowitz LSV Fund II, L.P.)
→ Class A Common Stock (3,272,830 underlying)
Conversion
Class A Common Stock
2025-10-31+17,001→ 17,001 total(indirect: By CLF Partners, LP)
Conversion
Series A Preferred Stock
2025-10-31−603,920→ 0 total(indirect: By Andreessen Horowitz LSV Fund III, L.P.)
→ Class A Common Stock (201,306 underlying)
Conversion
Series C Preferred Stock
2025-10-31−31,226,580→ 0 total(indirect: By AH Parallel Fund V, L.P.)
→ Class A Common Stock (10,408,860 underlying)
Conversion
Series G-1 Preferred Stock
2025-10-31−1,201,643→ 0 total(indirect: By Andreessen Horowitz LSV Fund III, L.P.)
→ Class A Common Stock (405,855 underlying)
Conversion
Class A Common Stock
2025-10-31+4,305,906→ 5,574,551 total(indirect: By Andreessen Horowitz LSV Fund II, L.P.)
Conversion
Class A Common Stock
2025-10-31+10,408,860→ 10,408,860 total(indirect: By AH Parallel Fund V, L.P.)
Conversion
Class A Common Stock
2025-10-31+6,757,090→ 6,757,090 total(indirect: By Andreessen Horowitz LSV Fund I, L.P.)
Conversion
Series Seed Preferred Stock
2025-10-31−765,736→ 0 total(indirect: By Andreessen Horowitz LSV Fund II, L.P.)
→ Class A Common Stock (255,244 underlying)
Conversion
Series C Preferred Stock
2025-10-31−6,245,316→ 0 total(indirect: By Andreessen Horowitz Fund V, L.P.)
→ Class A Common Stock (2,081,772 underlying)
Conversion
Series F Preferred Stock
2025-10-31−9,274→ 0 total(indirect: By CLF Partners, LP)
→ Class A Common Stock (3,123 underlying)

Footnotes (9)

[F1]Each share of Series Seed, Series A, Series C, Series D, Series E, Series F and Series G-1 Preferred Stock automatically converted into shares of Class A Common Stock immediately prior to the closing of the Issuer's initial public offering ("IPO") for no additional consideration at a conversion ratio that was dependent upon the initial offering price per share of the Class A Common Stock to the public in the Issuer's IPO, and had no expiration date.
[F2]These shares are held of record by Andreessen Horowitz LSV Fund I, L.P. ("AH LSV Fund I"), for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of AH LSV Fund I, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund I Entities. The Reporting Person and Marc Andreessen are the managing members of AH EP LSV I and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund I Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
[F3]These shares are held of record by Andreessen Horowitz LSV Fund II, L.P. ("AH LSV Fund II"), for itself and as nominee for Andreessen Horowitz LSV Fund II-B, L.P. and Andreessen Horowitz LSV Fund II-Q, L.P. (collectively, the "AH LSV Fund II Entities"). AH Equity Partners LSV II, L.L.C. ("AH EP LSV II "), the general partner of AH LSV Fund II, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund II Entities. The Reporting Person and Marc Andreessen are the managing members of AH EP LSV II and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund II Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund II Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
[F4]These shares are held of record by Andreessen Horowitz LSV Fund III, L.P. ("AH LSV Fund III"), for itself and as nominee for Andreessen Horowitz LSV Fund III-B, L.P., AH 2022 Annual Fund, L.P., AH 2022 Annual Fund-B, L.P., and AH 2022 Annual Fund-QC, L.P. (collectively, the "AH LSV Fund III Entities"). AH Equity Partners LSV III, L.L.C. ("AH EP LSV III"), the general partner of AH LSV Fund III, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund III Entities.
[F5](Continued from Footnote 4) The Reporting Person and Marc Andreessen are the managing members of AH EP LSV III and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund III Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund III Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
[F6]These shares are held of record by Andreessen Horowitz Fund V, L.P. ("AH Fund V"), for itself and as nominee for Andreessen Horowitz Fund V-A, L.P., Andreessen Horowitz Fund V-B, L.P. and Andreessen Horowitz Fund V-Q, L.P. (collectively, the "AH Fund V Entities"). AH Equity Partners V, L.L.C. ("AH EP V"), the general partner of AH Fund V, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund V Entities. The Reporting Person and Marc Andreessen are the managing members of AH EP V and may be deemed to have shared voting and dispositive power over the shares held by the AH Fund V Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund V Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
[F7]These shares are held of record by CLF Partners, LP ("CLF"). AH EP V, the general partner of CLF, may be deemed to have sole voting and dispositive power over the shares held by CLF. The Reporting Person and Marc Andreessen are the managing members of AH EP V and may be deemed to have shared voting and dispositive power over the shares held by CLF. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by CLF and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
[F8]These shares are held of record by AH Parallel Fund V, L.P. ("AH Parallel V"), for itself and as nominee for AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P. and AH Parallel Fund V-Q, L.P. (collectively, the "AH Parallel Fund V Entities"). AH Equity Partners V (Parallel), L.L.C. ("AH EP V Parallel"), the general partner of AH Parallel V, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund V Entities. The Reporting Person and Marc Andreessen are the managing members of AH EP V Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund V Entities.
[F9](Continued from Footnote 8) The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund V Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Documents

1 file

4
form4-11052025_121142.xmlPrimary

Issuer

Navan, Inc.

CIK 0001639723

→

Entity typeother

Related Parties

filerCIK 0001166586

Filing Metadata

Form type: 4
Filed: Nov 3, 7:00 PM ET
Accepted: Nov 4, 7:38 PM ET
Size: 41.4 KB

View on SEC.gov