4//SEC Filing
Cohen Ariel M. 4
Accession 0001853730-25-000009
CIK 0001639723other
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 8:47 PM ET
Size
39.4 KB
Accession
0001853730-25-000009
Insider Transaction Report
Form 4
Navan, Inc.NAVN
Cohen Ariel M.
DirectorChairperson and CEO10% Owner
Transactions
- Sale
Class A Common Stock
2025-10-31$25.00/sh−833,333$20,833,325→ 3,165,756 total(indirect: By Trust) - Sale
Class A Common Stock
2025-10-31$25.00/sh−30,333$758,325→ 763,653 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-10-31−763,653→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2025-10-31$25.00/sh−30,333$758,325→ 763,653 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-10-31−763,653→ 0 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-10-31−4,796→ 0 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-10-31−4,796→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-10-31+763,653→ 763,653 total(indirect: By Trust)→ Class A Common Stock (763,653 underlying) - Conversion
Class B Common Stock
2025-10-31+4,796→ 4,796 total(indirect: By Trust)→ Class A Common Stock (4,796 underlying) - Conversion
Class B Common Stock
2025-10-31+3,165,756→ 3,165,756 total(indirect: By Trust)→ Class A Common Stock (3,165,756 underlying) - Sale
Class A Common Stock
2025-10-31$25.00/sh−30,333$758,325→ 763,653 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-10-31−3,165,756→ 0 total(indirect: By Trust) - Conversion
Class A Common Stock
2025-10-31−4,796→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-10-31+763,653→ 763,653 total(indirect: By Trust)→ Class A Common Stock (763,653 underlying) - Conversion
Class B Common Stock
2025-10-31+4,796→ 4,796 total(indirect: By Trust)→ Class A Common Stock (4,796 underlying) - Conversion
Class A Common Stock
2025-10-31−763,653→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-10-31+763,653→ 763,653 total(indirect: By Trust)→ Class A Common Stock (763,653 underlying) - Conversion
Class B Common Stock
2025-10-31+4,796→ 4,796 total(indirect: By Trust)→ Class A Common Stock (4,796 underlying)
Holdings
- 1,154,925
Class A Common Stock
Footnotes (10)
- [F1]The shares are held of record by the Ariel Mordechai Cohen Living Trust, dated 8/22/2024, for which the Reporting Person is the trustee.
- [F10]Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. The Class B Common Stock has no expiration date.
- [F2]The shares are held of record by the Lihi Cohen GST Trust dated February 15, 2020, for which Reporting Person may be deemed to have voting and investment power
- [F3]The shares are held of record by the Shai Cohen GST Trust dated February 15, 2020, for which Reporting Person may be deemed to have voting and investment power.
- [F4]The shares are held of record by the Sivan Cohen GST Trust dated February 15, 2020, for which Reporting Person may be deemed to have voting and investment power.
- [F5]Upon the completion of the Issuer's initial public offering of Class A Common Stock ("IPO"), each share of Class A Common Stock was exchanged at a 1:1 ratio for shares of Class B Common Stock
- [F6]The shares are held of record by the Lihi Cohen Non-Exempt Trust dated May 14, 2022, for which Reporting Person may be deemed to have voting and investment power
- [F7]The shares are held of record by the Shai Cohen Non-Exempt Trust dated May 14, 2022, for which Reporting Person may be deemed to have voting and investment power
- [F8]The shares are held of record by the Sivan Cohen Non-Exempt Trust dated May 14, 2022, for which Reporting Person may be deemed to have voting and investment power
- [F9]Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting. Immediately following the completion of the IPO, at the election of the Reporting Person, each share of Class A Common Stock issued upon vesting and settlement of the RSU may be exchanged at a 1:1 ratio for a share of Class B Common Stock.
Documents
Issuer
Navan, Inc.
CIK 0001639723
Entity typeother
Related Parties
1- filerCIK 0001853730
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 8:47 PM ET
- Size
- 39.4 KB