Key facts
- This page summarizes Ilan Ezra Twig's Form 4 filing for Navan, Inc. (NAVN).
- 7 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 31 Oct 2025, 20:51.
Ilan Ezra Twig - 31 Oct 2025 Form 4 Insider Report for Navan, Inc. (NAVN)
- Reporting relationship
- Chief Technology Officer, Director, 10%+ Owner
- Issuer ticker
- NAVN
- Reported as of
- 31 Oct 2025
- Net transaction value
- -$25,000,000
- SEC form
- 4
- Accepted by SEC
- 31 Oct 2025, 20:51:18 UTC
- Prior SEC filing
- 29 Oct 2025
- Next SEC filing
- 24 Mar 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Howard Baik, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Ilan Ezra Twig filed Form 4 for Navan, Inc. (NAVN) on 31 Oct 2025.
Change
- Previous filing in this sequence was filed on 29 Oct 2025.
- Current net transaction value: -$25,000,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0002085105
Primary reporting owner
Twig Ilan Ezra
- Relationship
- Chief Technology Officer, Director, 10%+ Owner
- Address
- C/O NAVAN, INC., 3045 PARK BOULEVARD, PALO ALTO
- Signature
- /s/ Howard Baik, Attorney-in-Fact
- Signature date
- 31 Oct 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NAVN
transaction
Class A Common Stock
Sale
- Transaction value
- $25,000,000
- Shares
- -1,000,000
- Change %
- -10%
- Price
- $25.00
- Shares after
- 8,939,081
- Date
- 31 Oct 2025
- Ownership
- By The Ilan Twig Living Trust
- Footnotes
- F1
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -8,939,081
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By The Ilan Twig Living Trust
- Footnotes
- F1, F2
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -127,846
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By The Twig Irrevocable Gift Trust
- Footnotes
- F2, F3
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -766,666
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By the Leeor Eli Twig GST Trust
- Footnotes
- F2, F4
NAVN
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 587,222
- Date
- 31 Oct 2025
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NAVN
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +8,939,081
- Change %
- Price
- $0.000000
- Shares after
- 8,939,081
- Date
- 31 Oct 2025
- Ownership
- By The Ilan Twig Living Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,939,081
- Exercise price
- Footnotes
- F1, F2, F6
NAVN
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +127,846
- Change %
- Price
- $0.000000
- Shares after
- 127,846
- Date
- 31 Oct 2025
- Ownership
- By The Twig Irrevocable Gift Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 127,846
- Exercise price
- Footnotes
- F2, F3, F6
NAVN
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +766,666
- Change %
- Price
- $0.000000
- Shares after
- 766,666
- Date
- 31 Oct 2025
- Ownership
- By the Leeor Eli Twig GST Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 766,666
- Exercise price
- Footnotes
- F2, F4, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The shares are held of record by The Ilan Twig Living Trust, for which the Reporting Person is the trustee.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote F5
Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting. Immediately following the completion of the IPO, at the election of the Reporting Person, each share of Class A Common Stock issued upon vesting and settlement of the RSU may be exchanged at a 1:1 ratio for a share of Class B Common Stock.
Footnote 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.