Form 4 for NAVN Navan, Inc.
Accepted 2025-10-31 00:00:00 ET · period of report 2025-10-31 · accession 0002085105-25-000008 · 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 | Twig Ilan Ezra | CTO, Dir, 10% | C - Cnv Deriv | $0.00 | -9.83M | 0 | -100% | $0 |
| DI | 2025-10-31 | 2025-10-31 | NAVN | Twig Ilan Ezra | CTO, Dir, 10% | S - Sale | $25.00 | -1.00M | 8.94M | -10% | -$25.00M |
| DMI | 2025-10-31 | 2025-10-31 | NAVN | Twig Ilan Ezra | CTO, Dir, 10% | C - Cnv Deriv | $0.00 | +9.83M | 766.7K | 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 | 127,846 | $0.00 | 0 | I By The Twig Irrevocable Gift Trust | — | — | (F2) 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 Twig Irrevocable Gift Trust, for which the Reporting Person may be deemed to have voting and investment power. |
| 2 | Common | Class A Common Stock | 2025-10-31 | C | D | 766,666 | $0.00 | 0 | I By the Leeor Eli Twig GST Trust | — | — | (F2) 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 Leeor Eli Twig GST Trust, for which the Reporting Person may be deemed to have voting and investment power. |
| 3 | Common | Class A Common Stock | 2025-10-31 | C | D | 8,939,081 | $0.00 | 0 | I By The Ilan Twig Living Trust | — | — | (F2) 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 Ilan Twig Living Trust, for which the Reporting Person is the trustee. |
| 4 | Common | Class A Common Stock | 2025-10-31 | S | D | 1,000,000 | $25.00 | 8,939,081 | I By The Ilan Twig Living Trust | — | — | (F1) The shares are held of record by The Ilan Twig Living Trust, for which the Reporting Person is the trustee. |
| 5 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 8,939,081 | $0.00 | 8,939,081 | I By The Ilan Twig Living Trust | — · — to — | 8,939,081 Class A Common Stock | (F1) The shares are held of record by The Ilan Twig Living Trust, for which the Reporting Person is the trustee. (F6) 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. |
| 6 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 127,846 | $0.00 | 127,846 | I By The Twig Irrevocable Gift Trust | — · — to — | 127,846 Class A Common Stock | (F3) The shares are held of record by The Twig Irrevocable Gift Trust, for which the Reporting Person may be deemed to have voting and investment power. (F6) 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. |
| 7 | Derivative | Class B Common Stock | 2025-10-31 | C | A | 766,666 | $0.00 | 766,666 | I By the Leeor Eli Twig GST Trust | — · — to — | 766,666 Class A Common Stock | (F4) The shares are held of record by the Leeor Eli Twig GST Trust, for which the Reporting Person may be deemed to have voting and investment power. (F6) 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. |