ZEEV OREN 4
4 · Navan, Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Navan (NAVN) 10% Owner Zeev Oren Receives RSU Award
What Happened
- Zeev Oren, a reported 10% owner of Navan, Inc. (NAVN), received a grant of 9,959 restricted stock units (RSUs) on 2026-06-25. The grant price is $0.00, so there was no cash paid or received at the time of the award. Transaction code: A (Award/Grant).
Key Details
- Transaction date: 2026-06-25; Filing date: 2026-06-29 (filed within the required filing window).
- Award amount: 9,959 RSUs; reported acquisition price: $0.00; total immediate value reported: $0.
- Vesting: RSUs are time-based and will vest in full on the earlier of (i) the first anniversary of the grant or (ii) the issuer’s next annual meeting of stockholders, subject to Oren’s continued service.
- Ownership structure: Oren is the managing member of multiple investment management entities and may be deemed to beneficially own shares held by various Zeev Ventures funds (see footnotes). The RSUs are included in the reported holdings but the Form 4 excerpt does not list a post-transaction total share count.
- Notes: This is an equity award (retention/compensation), not a market purchase or sale.
Context
- RSUs are a promise to deliver shares if and when vesting conditions are met; they do not convey immediate voting or saleable shares until vested and issued.
- As a 10% owner with holdings across investment vehicles, this grant reflects standard equity compensation/retention practice rather than an open-market investment decision.
Insider Transaction Report
Form 4
Navan, Inc.NAVN
ZEEV OREN
Director10% Owner
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-25+9,959→ 67,223 total
Holdings
- 770,077(indirect: Zeev Opportunity Fund I, L.P.)
Class A Common Stock
[F3][F4] - 4,529,493(indirect: Zeev Ventures II, L.P.)
Class A Common Stock
[F3][F5] - 15,766,767(indirect: Zeev Ventures II-A, L.P.)
Class A Common Stock
[F3][F6] - 10,823,032(indirect: Zeev Ventures III, L.P.)
Class A Common Stock
[F3][F7] - 1,974,957(indirect: Zeev Ventures IV, L.P.)
Class A Common Stock
[F3][F8] - 1,000,915(indirect: Zeev Ventures V, L.P.)
Class A Common Stock
[F3][F9] - 382,900(indirect: Zeev Ventures VI, L.P.)
Class A Common Stock
[F3][F10] - 1,124,268(indirect: Zeev Ventures VII, L.P.)
Class A Common Stock
[F3][F11] - 917,394(indirect: Zeev Ventures VIII, L.P.)
Class A Common Stock
[F3][F12]
Footnotes (12)
- [F1]Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Issuer's Class A Common Stock. The RSUs are subject to a time-based service condition. The time-based service condition will be satisfied in full on the earlier of (i) the first anniversary of the date of the grant or (ii) the date of Issuer's next annual meeting of stockholders following the date of the grant, subject to Reporting Person's continued service through such vesting date.
- [F10]Shares held directly by Zeev Ventures VI, L.P. Zeev Ventures Management VI, L.L.C. is the general partner of Zeev Ventures VI, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VI, L.P.
- [F11]Shares held directly by Zeev Ventures VII, L.P. Zeev Ventures Management VII, L.L.C. is the general partner of Zeev Ventures VII, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VII, L.P.
- [F12]Shares held directly by Zeev Ventures VIII, L.P. Zeev Ventures Management VIII, L.L.C. is the general partner of Zeev Ventures VIII, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VIII, L.P.
- [F2]Includes 9,959 RSUs, each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting.
- [F3]Oren Zeev is the managing member of each of Zeev Opportunity Management I, L.L.C., Zeev Ventures Management II, L.L.C., Zeev Ventures Management II-A, L.L.C., Zeev Ventures Management III, L.L.C., Zeev Ventures Management IV, L.L.C., Zeev Ventures Management V, L.L.C., Zeev Ventures Management VI, L.L.C., Zeev Ventures Management VII, L.L.C., and Zeev Ventures Management VIII, L.L.C. (collectively, the "General Partners") and, as such, may be deemed to beneficially own the shares held by each of Zeev Opportunity Fund I, L.P., Zeev Ventures II, L.P., Zeev Ventures II-A, L.P., Zeev Ventures III, L.P., Zeev Ventures IV, L.P., Zeev Ventures V, L.P., Zeev Ventures VI, L.P., Zeev Ventures VII, L.P., and Zeev Ventures VIII, L.P. (collectively, the "Funds"). Oren Zeev has voting and dispositive power over the shares held by the Funds. Each of Oren Zeev and the General Partners disclaims beneficial ownership except to the extent of their pecuniary interest therein, if any.
- [F4]Shares held directly by Zeev Opportunity Fund I, L.P. Zeev Opportunity Management I, L.L.C. is the general partner of Zeev Opportunity Fund I, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Opportunity Fund I, L.P.
- [F5]Shares held directly by Zeev Ventures II, L.P. Zeev Ventures Management II, L.L.C. is the general partner of Zeev Ventures II, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures II, L.P.
- [F6]Shares held directly by Zeev Ventures II-A, L.P. Zeev Ventures Management II-A, L.L.C. is the general partner of Zeev Ventures II-A, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures II-A, L.P.
- [F7]Shares held directly by Zeev Ventures III, L.P. Zeev Ventures Management III, L.L.C. is the general partner of Zeev Ventures III, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures III, L.P.
- [F8]Shares held directly by Zeev Ventures IV, L.P. Zeev Ventures Management IV, L.L.C. is the general partner of Zeev Ventures IV, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures IV, L.P.
- [F9]Shares held directly by Zeev Ventures V, L.P. Zeev Ventures Management V, L.L.C. is the general partner of Zeev Ventures V, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures V, L.P.