Navan, Inc.·4

Mar 12, 5:30 PM ET

Nolf Aurelien Pierre Leon 4

Research Summary

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Navan (NAVN) CFO Aurelien Nolf Receives 1.89M Share Awards

What Happened Aurelien Nolf (Navan, Inc. — Chief Financial Officer) received awards totaling 1,886,436 shares in early March 2026. The filing lists: 778,967 restricted stock units (RSUs) granted on 2026-03-02, 97,370 RSUs granted on 2026-03-03, and a derivative award covering 1,010,099 shares (stock option/derivative) granted on 2026-03-02. All items show an acquisition price of $0.00 (awards/grants, not open‑market purchases).

Key Details

  • Transaction dates: 2026-03-02 (778,967 RSUs and 1,010,099 derivative) and 2026-03-03 (97,370 RSUs). Form 4 filed 2026-03-12.
  • Prices/values: All reported at $0.00 — these are grants/awards, not cash purchases or sales.
  • Shares granted total: 1,886,436.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Vesting/footnotes:
    • Some RSUs vest over time (25% at first anniversary, then quarterly installments — F1).
    • A separate RSU grant vests 100% on the first anniversary (F2).
    • The derivative/option award vests 25% after one year, then monthly over three years (F3).
  • Filing timeliness: Transactions occurred 2026-03-02/03 and the Form 4 was filed 2026-03-12 — Form 4s are generally due within two business days of the transaction, so this appears later than typical.

Context These entries are awards/vesting-linked grants (RSUs and an option/derivative) subject to service-based vesting schedules — not immediate purchases or sales. For retail investors, grants indicate compensation alignment with the company but do not by themselves signal buying or selling in the market.