Weiss Shai 4

What Happened

• Director Weiss Shai received a grant of 4,150 restricted stock units (RSUs) on 2026-06-25. The grant was reported on a Form 4 filed 2026-06-29. The RSUs were issued at $0.00 (no cash purchase); each RSU represents a contingent right to receive one share of Navan Class A common stock upon vesting.

Key Details

• Transaction type: A (Award/Grant)
• Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (filing appears timely)
• Price: $0.00 per RSU; total reported acquisition value $0
• Vesting: RSUs are subject to a time-based service condition; vest in full on the earlier of (i) the first anniversary of the grant or (ii) Issuer's next annual meeting of stockholders, provided continued service (see footnote F1)
• Ownership note: Footnote F2 states "Includes 37,312 RSUs," indicating RSUs are included in the reporting person's beneficial ownership disclosures
• No indication of a sale, exercise for cash, tax withholding, or 10b5-1 plan in this filing

Context

• RSU grants are a form of compensation and do not represent an immediate cash investment by the insider. They vest over time and convert to shares only if vesting conditions are met, so they are different from open-market purchases or sales. This filing is informational and does not by itself indicate a buy or sell decision by the insider.