Janmohamed Arif 4
4 · Navan, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Navan (NAVN) Director Janmohamed Arif Sells Shares
What Happened
- Director Janmohamed Arif reported three sales of Navan (NAVN) stock on June 16–17, 2026, totaling 475,869 shares for approximately $9.10 million.
- 398,546 shares sold on 2026-06-16 at a weighted average price of $19.13 (proceeds $7,624,185). (Prices in this lot ranged $18.8945–$19.66.)
- 47,984 shares sold on 2026-06-17 at a weighted average price of $18.71 (proceeds $897,781). (Prices in this lot ranged $18.40–$19.39.)
- 29,339 shares sold on 2026-06-17 at a weighted average price of $19.64 (proceeds $576,218). (Prices in this lot ranged $19.40–$19.9957.)
- These were reported as sales (S) — open-market/private sales — and therefore represent dispositions, not purchases.
Key Details
- Transaction dates: June 16–17, 2026; Filing date: June 18, 2026 (appears filed within the SEC two‑business‑day window).
- Total shares sold: 475,869; Total proceeds: ~$9.10M.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes:
- Weighted-average prices reported; seller will provide breakdown of trades by price on request (ranges provided for each lot).
- Some shares are held via Lightspeed-related funds and a family trust; the reporting person states shared voting/dispositive power and disclaims beneficial ownership except for pecuniary interest.
- No 10b5-1 plan, tax withholding, or late-filing flag indicated in the supplied details.
Context
- Sales by directors can be routine (portfolio rebalancing, fund liquidity) and aren’t direct indicators of company performance; purchases generally carry more informational weight for bullish signals.
- Here, several lots were sold across two days via open-market transactions; footnotes indicate the shares involve Lightspeed-affiliated investment vehicles and a family trust, so the reported sales may reflect institutional/fund-level activity rather than personal stock trading.
Insider Transaction Report
Form 4
Navan, Inc.NAVN
Janmohamed Arif
Director
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-06-16$19.13/sh−398,546$7,624,185→ 2,358,312 total(indirect: By Lightspeed Opportunity Fund, L.P.) - Sale
Class A Common Stock
[F3][F2]2026-06-17$18.71/sh−47,984$897,781→ 2,310,328 total(indirect: By Lightspeed Opportunity Fund, L.P.) - Sale
Class A Common Stock
[F4][F2]2026-06-17$19.64/sh−29,339$576,218→ 2,280,989 total(indirect: By Lightspeed Opportunity Fund, L.P.)
Holdings
- 587,965(indirect: By Lightspeed Strategic Partners I L.P.)
Class A Common Stock
[F5] - 40,709(indirect: By Trust)
Class A Common Stock
[F6]
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.8945 to $19.66 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Shares are held by Lightspeed Opportunity Fund, L.P. ("Opportunity"). Lightspeed General Partner Opportunity Fund, L.P. ("LGP Opportunity") is the general partner of Opportunity. Lightspeed Ultimate General Partner Opportunity Fund, Ltd. ("LUGP Opportunity") is the general partner of LGP Opportunity. The Reporting Person is a director of LUGP Opportunity and shares voting and dispositive power with respect to the shares held by Opportunity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.40 to $19.39 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.40 to $19.9957 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Shares are held by Lightspeed Strategic Partners I L.P. ("Strategic"). Lightspeed Strategic Partners General Partner I L.P. ("LGP Strategic") is the general partner of Strategic. Lightspeed Strategic Partners Ultimate General Partner I L.L.C. ("LUGP Strategic") is the general partner of LGP Strategic. The Reporting Person is a manager of LUGP Strategic and shares voting and dispositive power with respect to the shares held by Strategic. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F6]Shares are held by a family trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
Signature
/s/ Arif Janmohamed|2026-06-18