Arif Janmohamed - 31 Oct 2025 Form 4 Insider Report for Navan, Inc. (NAVN)

Role
Director
Signature
/s/ Arif Janmohamed
Issuer symbol
NAVN
Transactions as of
31 Oct 2025
Net transactions value
$0
Form type
4
Filing time
04 Nov 2025, 17:11:57 UTC
Previous filing
29 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Janmohamed Arif Director C/O NAVAN, INC., 3045 PARK BOULEVARD, PALO ALTO /s/ Arif Janmohamed 04 Nov 2025 0001813938

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAVN Class A Common Stock Conversion of derivative security +4,478,486 +1480% 4,780,989 31 Oct 2025 By Lightspeed Opportunity Fund, L.P. F1, F2
transaction NAVN Class A Common Stock Conversion of derivative security +587,965 587,965 31 Oct 2025 By Lightspeed Strategic Partners I L.P. F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NAVN Series D Preferred Stock Conversion of derivative security -7,287,940 -100% 0 31 Oct 2025 Class A Common Stock 2,432,552 By Lightspeed Opportunity Fund, L.P. F1, F2
transaction NAVN Series E Preferred Stock Conversion of derivative security -5,249,132 -100% 0 31 Oct 2025 Class A Common Stock 1,759,626 By Lightspeed Opportunity Fund, L.P. F1, F2
transaction NAVN Series E Preferred Stock Conversion of derivative security -1,148,606 -100% 0 31 Oct 2025 Class A Common Stock 385,038 By Lightspeed Strategic Partners I L.P. F1, F3
transaction NAVN Series F Preferred Stock Conversion of derivative security -649,200 -100% 0 31 Oct 2025 Class A Common Stock 218,667 By Lightspeed Opportunity Fund, L.P. F1, F2
transaction NAVN Series G-1 Preferred Stock Conversion of derivative security -200,273 -100% 0 31 Oct 2025 Class A Common Stock 67,641 By Lightspeed Opportunity Fund, L.P. F1, F2
transaction NAVN Series G-1 Preferred Stock Conversion of derivative security -600,821 -100% 0 31 Oct 2025 Class A Common Stock 202,927 By Lightspeed Strategic Partners I L.P. F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series D, Series E, Series F and 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 Shares are held by Lightspeed Opportunity Fund, L.P. ("Opportunity"). Lightspeed General Partner Opportunity Fund, L.P. ("LGP Opportunity") is the general partner of Opportunity. Lightspeed Ultimate General Partner Opportunity Fund, Ltd. ("LUGP Opportunity") is the general partner of LGP Opportunity. The Reporting Person is a director of LUGP Opportunity and shares voting and dispositive power with respect to the shares held by Opportunity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F3 Shares are held by Lightspeed Strategic Partners I L.P. ("Strategic"). Lightspeed Strategic Partners General Partner I L.P. ("LGP Strategic") is the general partner of Strategic. Lightspeed Strategic Partners Ultimate General Partner I L.L.C. ("LUGP Strategic") is the general partner of LGP Strategic. The Reporting Person is a manager of LUGP Strategic and shares voting and dispositive power with respect to the shares held by Strategic. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.