Form 4 for NAVN Navan, Inc.
Accepted 2025-10-31 00:00:00 ET · period of report 2025-10-31 · accession 0001853730-25-000009 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-10-31 | 2025-10-31 | NAVN | Cohen Ariel M. | COB, CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -5.47M | 0 | -100% | $0 |
| DMI | 2025-10-31 | 2025-10-31 | NAVN | Cohen Ariel M. | COB, CEO, Dir, 10% | S - Sale | $25.00 | -924.3K | 763.7K | -55% | -$23.11M |
| DMI | 2025-10-31 | 2025-10-31 | NAVN | Cohen Ariel M. | COB, CEO, Dir, 10% | C - Cnv Deriv | $0.00 | +5.47M | 4,796 | New | $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 | C | D | 763,653 | $0.00 | 0 | I By the Lihi Cohen GST Trust | — | — | (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 (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 |
| 2 | Common | Class A Common Stock | 2025-10-31 | C | D | 763,653 | $0.00 | 0 | I By the Shai Cohen GST Trust | — | — | (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 (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. |
| 3 | Common | Class A Common Stock | 2025-10-31 | C | D | 763,653 | $0.00 | 0 | I By the Sivan Cohen GST Trust | — | — | (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 (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. |
| 4 | Common | Class A Common Stock | 2025-10-31 | C | D | 4,796 | $0.00 | 0 | I By the Lihi Cohen Non-Exempt Trust | — | — | (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 |
| 5 | Common | Class A Common Stock | 2025-10-31 | C | D | 4,796 | $0.00 | 0 | I By the Shai Cohen Non-Exempt Trust | — | — | (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 (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 |
| 6 | Common | Class A Common Stock | 2025-10-31 | S | D | 30,333 | $25.00 | 763,653 | I By the Lihi Cohen GST Trust | — | — | (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 |
| 7 | Common | Class A Common Stock | 2025-10-31 | S | D | 833,333 | $25.00 | 3,165,756 | I By the Ariel Mordechai Cohen Living Trust | — | — | (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. |
| 8 | Common | Class A Common Stock | 2025-10-31 | C | D | 3,165,756 | $0.00 | 0 | I By the Ariel Mordechai Cohen Living Trust | — | — | (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 (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. |
| 9 | Common | Class A Common Stock | 2025-10-31 | S | D | 30,333 | $25.00 | 763,653 | I By the Sivan Cohen GST Trust | — | — | (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. |
| 10 | Common | Class A Common Stock | 2025-10-31 | S | D | 30,333 | $25.00 | 763,653 | I By the Shai Cohen GST Trust | — | — | (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. |
| 11 | Common | Class A Common Stock | 2025-10-31 | C | D | 4,796 | $0.00 | 0 | I By the Sivan Cohen Non-Exempt Trust | — | — | (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 (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 |
| 12 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 4,796 | $0.00 | 4,796 | I By the Shai Cohen Non-Exempt Trust ( | — · — to — | 4,796 Class A Common Stock | (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 (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. |
| 13 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 4,796 | $0.00 | 4,796 | I By the Lihi Cohen Non-Exempt Trust | — · — to — | 4,796 Class A 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 (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. |
| 14 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 763,653 | $0.00 | 763,653 | I By the Sivan Cohen GST Trust | — · — to — | 763,653 Class A Common Stock | (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. (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. |
| 15 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 763,653 | $0.00 | 763,653 | I By the Shai Cohen GST Trust | — · — to — | 763,653 Class A Common Stock | (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. (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. |
| 16 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 763,653 | $0.00 | 763,653 | I By the Lihi Cohen GST Trust | — · — to — | 763,653 Class A Common Stock | (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 (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. |
| 17 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 3,165,756 | $0.00 | 3,165,756 | I By the Ariel Mordechai Cohen Living Trust | — · — to — | 3,165,756 Class A Common Stock | (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. |
| 18 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 4,796 | $0.00 | 4,796 | I By the Sivan Cohen NonExempt Trust | — · — to — | 4,796 Class A Common Stock | (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 (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. |