Form 4 for NAVN Navan, Inc.
Accepted 2025-11-04 00:00:00 ET · period of report 2025-10-31 · accession 0001753516-25-000007 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | X - OptEx | $0.03 | +784.7K | 5.87M | +15% | +$23.5K |
| D | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | X - OptEx | $0.03 | +4,708 | 35.2K | +15% | +$141.24 |
| DMI | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | C - Cnv Deriv | $21.25 | +7.80M | 2.71M | New | +$165.65M |
| D | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | C - Cnv Deriv | $21.25 | +30.5K | 30.5K | New | +$648.9K |
| D | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | C - Cnv Deriv | $0.00 | -4,708 | 0 | -100% | $0 |
| DI | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | X - OptEx | — | 0 | 0 | New | — |
| D | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | X - OptEx | — | 0 | 0 | New | — |
| DMI | 2025-11-04 | 2025-10-31 | NAVN | Kaveripatnam Sandesh | Dir | C - Cnv Deriv | $0.00 | -8.80M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-10-31 | X | A | 784,685 | $0.03 | 5,874,257 | I By Napean Trading and Investment Company (Singapore) PTE. LTC. | — | — | (F3) These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein. |
| 2 | Common | Class A Common Stock | 2025-10-31 | X | A | 4,708 | $0.03 | 35,245 | D | — | — | |
| 3 | Common | Class A Common Stock | 2025-10-31 | C | A | 5,089,572 | $21.25 | 5,089,572 | I By Napean Trading and Investment Company (Singapore) PTE. LTC. | — | — | (F3) These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein. |
| 4 | Common | Class A Common Stock | 2025-10-31 | C | A | 2,705,707 | — | 2,705,707 | I By PI Opportunities Fund II | — | — | (F1) Each share of Series G-1 Preferred Stock automatically converted into shares of Class A Common Stock immediately prior to the closing of the Issuer's initial public offering ("IPO") for no additional consideration at a conversion ratio that was dependent upon the initial price per share to the public in the Issuer's IPO. (F2) These securities are held by PI Opportunities Fund II ("PI Fund II"), a fund within the Premji Invest Group ("PI"). The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by PI Fund II except to the extent of his pecuniary interest, if any, therein. |
| 5 | Common | Class A Common Stock | 2025-10-31 | C | A | 30,537 | $21.25 | 30,537 | D | — | — | |
| 6 | Derivative | Simple Agreement for Future Equity | 2025-10-31 | C | D | 4,708 | $0.00 | 0 | D | — · — to — | 30,537 Class A Common Stock | (F5) This Simple Agreement for Future Equity in the principal amount of $600,000, plus accrued interest thereon in the aggregate amount of $48,920.55, automatically converted into shares of Class A Common Stock at $21.25 per share upon the closing of the IPO and had no expiration date. |
| 7 | Derivative | Warrant (Right to Buy) | 2025-10-31 | X | D | — | $0.00 | 0 | I By Napean Trading and Investment Company (Singapore) PTE. LTC | $0.03 · — to — | 784,685 Class A Common Stock | (F3) These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein. (F6) These warrants were exercised upon the closing of the IPO pursuant to an irrevocable commitment by the holder. |
| 8 | Derivative | Warrant (Right to Buy) | 2025-10-31 | X | D | — | $0.00 | 0 | D | $0.03 · — to — | 4,708 Class A Common Stock | (F6) These warrants were exercised upon the closing of the IPO pursuant to an irrevocable commitment by the holder. |
| 9 | Derivative | Series G-1 Preferred Stock | 2025-10-31 | C | D | 8,010,958 | $0.00 | 0 | I By PI Opportunities Fund II | — · — to — | 2,705,707 Class A Common Stock | (F2) These securities are held by PI Opportunities Fund II ("PI Fund II"), a fund within the Premji Invest Group ("PI"). The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by PI Fund II except to the extent of his pecuniary interest, if any, therein. (F1) Each share of Series G-1 Preferred Stock automatically converted into shares of Class A Common Stock immediately prior to the closing of the Issuer's initial public offering ("IPO") for no additional consideration at a conversion ratio that was dependent upon the initial price per share to the public in the Issuer's IPO. |
| 10 | Derivative | Simple Agreement for Future Equity | 2025-10-31 | C | D | 784,685 | $0.00 | 0 | I By Napean Trading and Investment Company (Singapore) PTE. LTC. | — · — to — | 5,089,572 Class A Common Stock | (F3) These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein. (F4) This Simple Agreement for Future Equity in the principal amount of $100,000,000, plus accrued interest thereon in the aggregate amount of $8,153,424.66, automatically converted into shares of Class A Common Stock at $21.25 per share upon the closing of the IPO and had no expiration date. |