Giviskos Anne Mary 4

What Happened

• Anne Mary Giviskos, Navan's Interim Chief Financial Officer, reported the sale of 2,675 shares of Navan (Class A) common stock in two open-market transactions on January 28, 2026. The sales were: 77 shares at $13.80 each (reported value $1,063) and 2,598 shares at $13.85 each (reported value $35,982), for a combined proceeds of approximately $37,045.
• Per the filing, these sales were "sell to cover" transactions to satisfy tax withholding obligations related to RSU vesting and were not discretionary trades by the reporting person.

Key Details

• Transaction date: 2026-01-28
• Prices and amounts: 77 shares @ $13.80 ($1,063); 2,598 shares @ $13.85 ($35,982); total 2,675 shares, ~$37,045
• Shares owned after transaction: Not specified in the filing; filing notes the Reporting Person has 82,532 RSUs (footnote) that represent contingent rights to receive shares upon vesting
• Footnotes: F1 — sale was to satisfy tax withholding (sell-to-cover), not a discretionary trade; F2 — includes 82,532 RSUs outstanding
• Filing timeliness: Filed 2026-01-30 for a 2026-01-28 transaction; appears timely (Form 4 is generally due within two business days)

Context

• These were tax-withholding sales tied to RSU vesting rather than an independent sell decision; such "sell to cover" transactions are routine and common after equity awards vest.
• The filing does not indicate any exercise of options or other derivative activity—only the disposition of shares to cover tax obligations.