Director Zeev Oren converted options into 35,290,576 shares (SEC Form 4)

11/3/25 7:31:05 PM ET

$NAVN

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SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ZEEV OREN

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Navan, Inc. [ NAVN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock⁽³⁾	10/31/2025		C		57,264	A	⁽¹⁾	57,264	D
Class A Common Stock	10/31/2025		C		770,077	A	⁽¹⁾	770,077	I	Zeev Opportunity Fund I, L.P.⁽²⁾⁽⁴⁾
Class A Common Stock	10/31/2025		C		4,529,493	A	⁽¹⁾	4,529,493	I	Zeev Ventures II, L.P.⁽²⁾⁽⁵⁾
Class A Common Stock	10/31/2025		C		15,766,767	A	⁽¹⁾	15,766,767	I	Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾
Class A Common Stock	10/31/2025		C		9,114,792	A	⁽¹⁾	10,823,032	I	Zeev Ventures III, L.P.⁽²⁾⁽⁷⁾
Class A Common Stock	10/31/2025		C		1,974,957	A	⁽¹⁾	1,974,957	I	Zeev Ventures IV, L.P.⁽²⁾⁽⁸⁾
Class A Common Stock	10/31/2025		C		1,000,915	A	⁽¹⁾	1,000,915	I	Zeev Ventures V, L.P.⁽²⁾⁽⁹⁾
Class A Common Stock	10/31/2025		C		382,900	A	⁽¹⁾	382,900	I	Zeev Ventures VI, L.P.⁽²⁾⁽¹⁰⁾
Class A Common Stock	10/31/2025		C		836,401	A	⁽¹⁾	1,124,268	I	Zeev Ventures VII, L.P.⁽²⁾⁽¹¹⁾
Class A Common Stock	10/31/2025		C		857,010	A	⁽¹⁾	917,394	I	Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series Seed Preferred Stock⁽³⁾	⁽¹⁾	10/31/2025		C			57,264	⁽¹⁾	⁽¹⁾	Class A Common Stock	57,264	⁽¹⁾	0	D
Series A Preferred Stock	⁽¹⁾	10/31/2025		C			4,529,493	⁽¹⁾	⁽¹⁾	Class A Common Stock	4,529,493	⁽¹⁾	0	I	Zeev Ventures II, L.P.⁽²⁾⁽⁵⁾
Series A Preferred Stock	⁽¹⁾	10/31/2025		C			7,347,850	⁽¹⁾	⁽¹⁾	Class A Common Stock	7,347,850	⁽¹⁾	0	I	Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾
Series A-1 Preferred Stock	⁽¹⁾	10/31/2025		C			7,024,053	⁽¹⁾	⁽¹⁾	Class A Common Stock	7,024,053	⁽¹⁾	0	I	Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾
Series B Preferred Stock	⁽¹⁾	10/31/2025		C			1,394,864	⁽¹⁾	⁽¹⁾	Class A Common Stock	1,394,864	⁽¹⁾	0	I	Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾
Series B Preferred Stock	⁽¹⁾	10/31/2025		C			9,114,792	⁽¹⁾	⁽¹⁾	Class A Common Stock	9,114,792	⁽¹⁾	0	I	Zeev Ventures III, L.P.⁽²⁾⁽⁷⁾
Series C Preferred Stock	⁽¹⁾	10/31/2025		C			1,974,957	⁽¹⁾	⁽¹⁾	Class A Common Stock	1,974,957	⁽¹⁾	0	I	Zeev Ventures IV, L.P.⁽²⁾⁽⁸⁾
Series D Preferred Stock	⁽¹⁾	10/31/2025		C			900,944	⁽¹⁾	⁽¹⁾	Class A Common Stock	900,944	⁽¹⁾	0	I	Zeev Ventures V, L.P.⁽²⁾⁽⁹⁾
Series D Preferred Stock	⁽¹⁾	10/31/2025		C			382,900	⁽¹⁾	⁽¹⁾	Class A Common Stock	382,900	⁽¹⁾	0	I	Zeev Ventures VI, L.P.⁽²⁾⁽¹⁰⁾
Series E Preferred Stock	⁽¹⁾	10/31/2025		C			770,077	⁽¹⁾	⁽¹⁾	Class A Common Stock	770,077	⁽¹⁾	0	I	Zeev Opportunity Fund I, L.P.⁽²⁾⁽⁴⁾
Series E Preferred Stock	⁽¹⁾	10/31/2025		C			481,298	⁽¹⁾	⁽¹⁾	Class A Common Stock	481,298	⁽¹⁾	0	I	Zeev Ventures VII, L.P.⁽²⁾⁽¹¹⁾
Series F Preferred Stock	⁽¹⁾	10/31/2025		C			624,764	⁽¹⁾	⁽¹⁾	Class A Common Stock	624,764	⁽¹⁾	0	I	Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾
Series G-1 Preferred Stock	⁽¹⁾	10/31/2025		C			135,284	⁽¹⁾	⁽¹⁾	Class A Common Stock	135,284	⁽¹⁾	0	I	Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾
Series Seed Preferred Stock	⁽¹⁾	10/31/2025		C			99,971	⁽¹⁾	⁽¹⁾	Class A Common Stock	99,971	⁽¹⁾	0	I	Zeev Ventures V, L.P.⁽²⁾⁽⁹⁾
Series Seed Preferred Stock	⁽¹⁾	10/31/2025		C			355,103	⁽¹⁾	⁽¹⁾	Class A Common Stock	355,103	⁽¹⁾	0	I	Zeev Ventures VII, L.P.⁽²⁾⁽¹¹⁾
Series Seed Preferred Stock	⁽¹⁾	10/31/2025		C			96,962	⁽¹⁾	⁽¹⁾	Class A Common Stock	96,962	⁽¹⁾	0	I	Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾

1. Name and Address of Reporting Person^*

ZEEV OREN

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV OPPORTUNITY FUND I, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES II, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES II-A, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES III, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Zeev Ventures IV, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES V, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES VI, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES VII, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ZEEV VENTURES VIII, L.P.

(Last)

(First)

(Middle)

C/O ZEEV VENTURES,

555 BRYANT STREET, SUITE 811

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Each share of Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, Series G-1 Preferred Stock, and Series Seed Preferred Stock (collectively, the "Preferred Stock") converted automatically upon closing of the Issuer's initial public offering into Class A common stock of the Issuer (the "Class A Common Stock") on a ratio dependent on the public offering price of the Class A Common Stock in the Issuer's initial public offering without payment of consideration and had no expiration date.

2. Oren Zeev is the managing member of each of Zeev Opportunity Management I, L.L.C., Zeev Ventures Management II, L.L.C., Zeev Ventures Management II-A, L.L.C., Zeev Ventures Management III, L.L.C., Zeev Ventures Management IV, L.L.C., Zeev Ventures Management V, L.L.C., Zeev Ventures Management VI, L.L.C., Zeev Ventures Management VII, L.L.C., and Zeev Ventures Management VIII, L.L.C. (collectively, the "General Partners") and, as such, may be deemed to beneficially own the shares held by each of Zeev Opportunity Fund I, L.P., Zeev Ventures II, L.P., Zeev Ventures II-A, L.P., Zeev Ventures III, L.P., Zeev Ventures IV, L.P., Zeev Ventures V, L.P., Zeev Ventures VI, L.P., Zeev Ventures VII, L.P., and Zeev Ventures VIII, L.P. (collectively, the "Funds"). Oren Zeev has voting and dispositive power over the shares held by the Funds. Each of Oren Zeev and the General Partners disclaims beneficial ownership except to the extent of their pecuniary interest therein, if any.

3. Shares held directly by Oren Zeev. Oren Zeev is a director of the Issuer.

4. Shares held directly by Zeev Opportunity Fund I, L.P. Zeev Opportunity Management I, L.L.C. is the general partner of Zeev Opportunity Fund I, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Opportunity Fund I, L.P.

5. Shares held directly by Zeev Ventures II, L.P. Zeev Ventures Management II, L.L.C. is the general partner of Zeev Ventures II, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures II, L.P.

6. Shares held directly by Zeev Ventures II-A, L.P. Zeev Ventures Management II-A, L.L.C. is the general partner of Zeev Ventures II-A, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures II-A, L.P.

7. Shares held directly by Zeev Ventures III, L.P. Zeev Ventures Management III, L.L.C. is the general partner of Zeev Ventures III, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures III, L.P.

8. Shares held directly by Zeev Ventures IV, L.P. Zeev Ventures Management IV, L.L.C. is the general partner of Zeev Ventures IV, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures IV, L.P.

9. Shares held directly by Zeev Ventures V, L.P. Zeev Ventures Management V, L.L.C. is the general partner of Zeev Ventures V, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures V, L.P.

10. Shares held directly by Zeev Ventures VI, L.P. Zeev Ventures Management VI, L.L.C. is the general partner of Zeev Ventures VI, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VI, L.P.

11. Shares held directly by Zeev Ventures VII, L.P. Zeev Ventures Management VII, L.L.C. is the general partner of Zeev Ventures VII, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VII, L.P.

12. Shares held directly by Zeev Ventures VIII, L.P. Zeev Ventures Management VIII, L.L.C. is the general partner of Zeev Ventures VIII, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VIII, L.P.

	/s/ Oren Zeev, Director	11/03/2025
	Zeev Opportunity Fund I, L.P., By: Zeev Opportunity Management I, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures II, L.P., By: Zeev Ventures Management II, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures II-A, L.P., By: Zeev Ventures Management II-A, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures III, L.P., By: Zeev Ventures Management III, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures IV, L.P., By: Zeev Ventures Management IV, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures V, L.P., By: Zeev Ventures Management V, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures VI, L.P., By: Zeev Ventures Management VI, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures VII, L.P., By: Zeev Ventures Management VII, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	Zeev Ventures VIII, L.P., By: Zeev Ventures Management VIII, L.L.C., its general partner, By: /s/ Oren Zeev, its managing member	11/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code (Instr. 8)

4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

Amount

(A) or (D)

Price

Class A Common Stock⁽³⁾

10/31/2025

57,264

⁽¹⁾

57,264

Class A Common Stock

10/31/2025

770,077

⁽¹⁾

770,077

Zeev Opportunity Fund I, L.P.⁽²⁾⁽⁴⁾

Class A Common Stock

10/31/2025

4,529,493

⁽¹⁾

4,529,493

Zeev Ventures II, L.P.⁽²⁾⁽⁵⁾

Class A Common Stock

10/31/2025

15,766,767

⁽¹⁾

15,766,767

Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾

Class A Common Stock

10/31/2025

9,114,792

⁽¹⁾

10,823,032

Zeev Ventures III, L.P.⁽²⁾⁽⁷⁾

Class A Common Stock

10/31/2025

1,974,957

⁽¹⁾

1,974,957

Zeev Ventures IV, L.P.⁽²⁾⁽⁸⁾

Class A Common Stock

10/31/2025

1,000,915

⁽¹⁾

1,000,915

Zeev Ventures V, L.P.⁽²⁾⁽⁹⁾

Class A Common Stock

10/31/2025

382,900

⁽¹⁾

382,900

Zeev Ventures VI, L.P.⁽²⁾⁽¹⁰⁾

Class A Common Stock

10/31/2025

836,401

⁽¹⁾

1,124,268

Zeev Ventures VII, L.P.⁽²⁾⁽¹¹⁾

Class A Common Stock

10/31/2025

857,010

⁽¹⁾

917,394

Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Series Seed Preferred Stock⁽³⁾

⁽¹⁾

10/31/2025

57,264

⁽¹⁾

Class A Common Stock

57,264

⁽¹⁾

Series A Preferred Stock

⁽¹⁾

10/31/2025

4,529,493

⁽¹⁾

Class A Common Stock

4,529,493

⁽¹⁾

Zeev Ventures II, L.P.⁽²⁾⁽⁵⁾

Series A Preferred Stock

⁽¹⁾

10/31/2025

7,347,850

⁽¹⁾

Class A Common Stock

7,347,850

⁽¹⁾

Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾

Series A-1 Preferred Stock

⁽¹⁾

10/31/2025

7,024,053

⁽¹⁾

Class A Common Stock

7,024,053

⁽¹⁾

Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾

Series B Preferred Stock

⁽¹⁾

10/31/2025

1,394,864

⁽¹⁾

Class A Common Stock

1,394,864

⁽¹⁾

Zeev Ventures II-A, L.P.⁽²⁾⁽⁶⁾

Series B Preferred Stock

⁽¹⁾

10/31/2025

9,114,792

⁽¹⁾

Class A Common Stock

9,114,792

⁽¹⁾

Zeev Ventures III, L.P.⁽²⁾⁽⁷⁾

Series C Preferred Stock

⁽¹⁾

10/31/2025

1,974,957

⁽¹⁾

Class A Common Stock

1,974,957

⁽¹⁾

Zeev Ventures IV, L.P.⁽²⁾⁽⁸⁾

Series D Preferred Stock

⁽¹⁾

10/31/2025

900,944

⁽¹⁾

Class A Common Stock

900,944

⁽¹⁾

Zeev Ventures V, L.P.⁽²⁾⁽⁹⁾

Series D Preferred Stock

⁽¹⁾

10/31/2025

382,900

⁽¹⁾

Class A Common Stock

382,900

⁽¹⁾

Zeev Ventures VI, L.P.⁽²⁾⁽¹⁰⁾

Series E Preferred Stock

⁽¹⁾

10/31/2025

770,077

⁽¹⁾

Class A Common Stock

770,077

⁽¹⁾

Zeev Opportunity Fund I, L.P.⁽²⁾⁽⁴⁾

Series E Preferred Stock

⁽¹⁾

10/31/2025

481,298

⁽¹⁾

Class A Common Stock

481,298

⁽¹⁾

Zeev Ventures VII, L.P.⁽²⁾⁽¹¹⁾

Series F Preferred Stock

⁽¹⁾

10/31/2025

624,764

⁽¹⁾

Class A Common Stock

624,764

⁽¹⁾

Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾

Series G-1 Preferred Stock

⁽¹⁾

10/31/2025

135,284

⁽¹⁾

Class A Common Stock

135,284

⁽¹⁾

Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾

Series Seed Preferred Stock

⁽¹⁾

10/31/2025

99,971

⁽¹⁾

Class A Common Stock

99,971

⁽¹⁾

Zeev Ventures V, L.P.⁽²⁾⁽⁹⁾

Series Seed Preferred Stock

⁽¹⁾

10/31/2025

355,103

⁽¹⁾

Class A Common Stock

355,103

⁽¹⁾

Zeev Ventures VII, L.P.⁽²⁾⁽¹¹⁾

Series Seed Preferred Stock

⁽¹⁾

10/31/2025

96,962

⁽¹⁾

Class A Common Stock

96,962

⁽¹⁾

Zeev Ventures VIII, L.P.⁽²⁾⁽¹²⁾

Recent Analyst Ratings for

$NAVN

Date	Price Target	Rating	Analyst
1/12/2026	$30.00	Buy	Goldman
11/24/2025	$24.00	Outperform	BNP Paribas Exane
11/24/2025	$30.00	Buy	Rosenblatt
11/24/2025	$26.00	Buy	BTIG Research
11/24/2025	$25.00	Buy	Jefferies
11/24/2025	$25.00	Mkt Outperform	Citizens JMP
11/24/2025	$26.00	Buy	Citigroup
11/24/2025	$29.00	Buy	Goldman

More analyst ratings

Director Zeev Oren converted options into 35,290,576 shares (SEC Form 4)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$NAVN

Director Zeev Oren converted options into 35,290,576 shares (SEC Form 4)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$NAVN

$NAVN
Insider Trading

President Sindicich Michael Eric sold $129,532 worth of shares (9,349 units at $13.86), decreasing direct ownership by 3% to 310,514 units (SEC Form 4)

Interim CFO Giviskos Anne Mary sold $37,045 worth of shares (2,675 units at $13.85), decreasing direct ownership by 2% to 106,090 units (SEC Form 4)

Director Weiss Shai was granted 33,162 shares (SEC Form 4)

$NAVN
SEC Filings

SEC Form SCHEDULE 13G filed by Navan Inc.

Navan Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

Amendment: SEC Form 144/A filed by Navan Inc.

$NAVN
Analyst Ratings

Goldman resumed coverage on Navan with a new price target

BNP Paribas Exane initiated coverage on Navan with a new price target

BTIG Research initiated coverage on Navan with a new price target

$NAVN
Press Releases

Navan Names Aurélien Nolf as Chief Financial Officer

Navan Upgrades Qantas Direct Connection to Unlock Superior Fares and Service

Yahoo Selects Navan to Modernize Travel and Expense Program

$NAVN
Insider Purchases

Large owner Andreessen Horowitz Lsv Fund I, L.P. bought $839,163 worth of shares (46,337 units at $18.11) (SEC Form 4)

Large owner Andreessen Horowitz Fund V, L.P. bought $839,163 worth of shares (46,337 units at $18.11) (SEC Form 4)

Large owner Andreessen Horowitz Lsv Fund Iii, L.P. bought $839,163 worth of shares (46,337 units at $18.11) (SEC Form 4)

$NAVN
Leadership Updates

Navan Names Aurélien Nolf as Chief Financial Officer

Navan Appoints Shai Weiss to Board of Directors

$NAVN
Financials

Navan Announces Third Quarter Fiscal Year 2026 Results

Navan to Announce Third Quarter Fiscal 2026 Financial Results on December 15, 2025

Director Zeev Oren converted options into 35,290,576 shares (SEC Form 4)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $NAVN

Director Zeev Oren converted options into 35,290,576 shares (SEC Form 4)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $NAVN

$NAVN Insider Trading

President Sindicich Michael Eric sold $129,532 worth of shares (9,349 units at $13.86), decreasing direct ownership by 3% to 310,514 units (SEC Form 4)

Interim CFO Giviskos Anne Mary sold $37,045 worth of shares (2,675 units at $13.85), decreasing direct ownership by 2% to 106,090 units (SEC Form 4)

Director Weiss Shai was granted 33,162 shares (SEC Form 4)

$NAVN SEC Filings

SEC Form SCHEDULE 13G filed by Navan Inc.

Navan Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

Amendment: SEC Form 144/A filed by Navan Inc.

$NAVN Analyst Ratings

Goldman resumed coverage on Navan with a new price target

BNP Paribas Exane initiated coverage on Navan with a new price target

BTIG Research initiated coverage on Navan with a new price target

$NAVN Press Releases

Navan Names Aurélien Nolf as Chief Financial Officer

Navan Upgrades Qantas Direct Connection to Unlock Superior Fares and Service

Yahoo Selects Navan to Modernize Travel and Expense Program

$NAVN Insider Purchases

Large owner Andreessen Horowitz Lsv Fund I, L.P. bought $839,163 worth of shares (46,337 units at $18.11) (SEC Form 4)

Large owner Andreessen Horowitz Fund V, L.P. bought $839,163 worth of shares (46,337 units at $18.11) (SEC Form 4)

Large owner Andreessen Horowitz Lsv Fund Iii, L.P. bought $839,163 worth of shares (46,337 units at $18.11) (SEC Form 4)

$NAVN Leadership Updates

Navan Names Aurélien Nolf as Chief Financial Officer

Navan Appoints Shai Weiss to Board of Directors

$NAVN Financials

Navan Announces Third Quarter Fiscal Year 2026 Results

Navan to Announce Third Quarter Fiscal 2026 Financial Results on December 15, 2025

Recent Analyst Ratings for
$NAVN

Recent Analyst Ratings for
$NAVN

$NAVN
Insider Trading

$NAVN
SEC Filings

$NAVN
Analyst Ratings

$NAVN
Press Releases

$NAVN
Insider Purchases

$NAVN
Leadership Updates

$NAVN
Financials