Key facts
- This page summarizes Lightspeed Venture Partners X, L.P.'s Form 4 filing for Navan, Inc. (NAVN).
- 23 reported transactions and 17 derivative rows are listed below.
- Accepted by SEC: 04 Nov 2025, 17:13.
Lightspeed Venture Partners X, L.P. - 31 Oct 2025 Form 4 Insider Report for Navan, Inc. (NAVN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- NAVN
- Reported as of
- 31 Oct 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Nov 2025, 17:13:47 UTC
- Prior SEC filing
- 29 Oct 2025
- Next SEC filing
- 15 Jun 2026
- Source filing
- View source filing
- Reporting owner signature
- Lightspeed Venture Partners X, L.P., By: Lightspeed General Partner X, L.P., its General Partner, By: Lightspeed Ultimate General Partner X, Ltd., its General Partner, By /s/ Ravi Mhatre, Director
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Lightspeed Venture Partners X, L.P. filed Form 4 for Navan, Inc. (NAVN) on 04 Nov 2025.
Change
- Previous filing in this sequence was filed on 29 Oct 2025.
- Current net transaction value: $0.
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 (10)
CIK 0001602573
Primary reporting owner
Lightspeed Venture Partners X, L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Venture Partners X, L.P., By: Lightspeed General Partner X, L.P., its General Partner, By: Lightspeed Ultimate General Partner X, Ltd., its General Partner, By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001617751
Lightspeed Affiliates X, L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Affiliates X, L.P., By: Lightspeed General Partner X, L.P., its General Partner, By: Lightspeed Ultimate General Partner X, Ltd., its General Partner, By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001700550
Lightspeed General Partner X, L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed General Partner X, L.P., By: Lightspeed Ultimate General Partner X, Ltd., its General Partner, By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001700549
Lightspeed Ultimate General Partner X, Ltd.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Ultimate General Partner X, Ltd., By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001780948
Lightspeed Opportunity Fund, L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Opportunity Fund, L.P., By: Lightspeed General Partner Opportunity Fund, L.P., its General Partner, By: Lightspeed Ultimate General Partner Opportunity Fund, Ltd., its General Partner, By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001980478
Lightspeed General Partner Opportunity Fund, L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed General Partner Opportunity Fund, L.P., By: Lightspeed Ultimate General Partner Opportunity Fund, Ltd., its General Partner, By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001980477
Lightspeed Ultimate General Partner Opportunity Fund, Ltd.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Ultimate General Partner Opportunity Fund, Ltd., By /s/ Ravi Mhatre, Director
- Signature date
- 04 Nov 2025
CIK 0001830973
Lightspeed Strategic Partners I L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Strategic Partners I L.P., By: Lightspeed Strategic Partners General Partner I L.P., its General Partner, By: Lightspeed Strategic Partners Ultimate General Partner I L.L.C., its General Partner, By /s/ Ravi Mhatre, Manager
- Signature date
- 04 Nov 2025
CIK 0001978187
Lightspeed Strategic Partners General Partner I L.P.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Strategic Partners General Partner I L.P., By: Lightspeed Strategic Partners Ultimate General Partner I L.L.C., its General Partner, By /s/ Ravi Mhatre, Manager
- Signature date
- 04 Nov 2025
CIK 0001978866
Lightspeed Strategic Partners Ultimate General Partner I L.L.C.
- Relationship
- 10%+ Owner
- Address
- C/O LIGHTSPEED VENTURE PARTNERS, 2200 SAND HILL ROAD, MENLO PARK
- Signature
- Lightspeed Strategic Partners Ultimate General Partner I L.L.C., By /s/ Ravi Mhatre, Manager
- Signature date
- 04 Nov 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +23,365,502
- Change %
- Price
- Shares after
- 23,365,502
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners X, L.P.
- Footnotes
- F1, F2
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +192,885
- Change %
- Price
- Shares after
- 192,885
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Affiliates X, L.P.
- Footnotes
- F1, F3
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +4,478,486
- Change %
- +1480%
- Price
- Shares after
- 4,780,989
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Opportunity Fund, L.P.
- Footnotes
- F1, F4
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +587,965
- Change %
- Price
- Shares after
- 587,965
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Strategic Partners I L.P.
- Footnotes
- F1, F5
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +14,859,595
- Change %
- Price
- Shares after
- 14,859,595
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select II, L.P.
- Footnotes
- F1, F6
NAVN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +6,134,518
- Change %
- Price
- Shares after
- 6,134,518
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select III, L.P.
- Footnotes
- F1, F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NAVN
transaction
Derivative
Series Seed Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -11,744,720
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners X, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,914,906
- Exercise price
- Footnotes
- F1, F2
NAVN
transaction
Derivative
Series Seed Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -578,656
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Affiliates X, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 192,885
- Exercise price
- Footnotes
- F1, F3
NAVN
transaction
Derivative
Series A Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -12,078,656
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners X, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,026,218
- Exercise price
- Footnotes
- F1, F2
NAVN
transaction
Derivative
Series A-1 Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -38,230,672
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners X, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 12,743,557
- Exercise price
- Footnotes
- F1, F2
NAVN
transaction
Derivative
Series B Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -8,042,464
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners X, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,680,821
- Exercise price
- Footnotes
- F1, F2
NAVN
transaction
Derivative
Series B Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -40,212,320
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select II, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 13,404,106
- Exercise price
- Footnotes
- F1, F6
NAVN
transaction
Derivative
Series C Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -13,470,670
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select III, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,490,223
- Exercise price
- Footnotes
- F1, F7
NAVN
transaction
Derivative
Series C-1 Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -4,163,544
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select II, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,387,848
- Exercise price
- Footnotes
- F1, F6
NAVN
transaction
Derivative
Series D Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -7,287,940
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Opportunity Fund, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,432,552
- Exercise price
- Footnotes
- F1, F4
NAVN
transaction
Derivative
Series D Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -4,723,666
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select III, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,576,654
- Exercise price
- Footnotes
- F1, F7
NAVN
transaction
Derivative
Series E Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -5,249,132
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Opportunity Fund, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,759,626
- Exercise price
- Footnotes
- F1, F4
NAVN
transaction
Derivative
Series E Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -1,148,606
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Strategic Partners I L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 385,038
- Exercise price
- Footnotes
- F1, F5
NAVN
transaction
Derivative
Series F Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -649,200
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Opportunity Fund, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 218,667
- Exercise price
- Footnotes
- F1, F4
NAVN
transaction
Derivative
Series G-1 Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -200,273
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Opportunity Fund, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 67,641
- Exercise price
- Footnotes
- F1, F4
NAVN
transaction
Derivative
Series G-1 Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -600,821
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Strategic Partners I L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 202,927
- Exercise price
- Footnotes
- F1, F5
NAVN
transaction
Derivative
Series G-1 Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -200,273
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select II, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 67,641
- Exercise price
- Footnotes
- F1, F6
NAVN
transaction
Derivative
Series G-1 Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -200,273
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 31 Oct 2025
- Ownership
- By Lightspeed Venture Partners Select III, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 67,641
- Exercise price
- Footnotes
- F1, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Each share of Series Seed, Series A, Series A-1, Series B, Series C, Series C-1, 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.
Footnote F2
Shares are held by Lightspeed Venture Partners X, L.P. ("Lightspeed X"). Lightspeed General Partner X, L.P. ("LGP X") is the general partner of Lightspeed X. Lightspeed Ultimate General Partner X, Ltd. ("LUGP X") is the general partner of LGP X. Each of LGP X and LUGP X disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
Footnote F3
Shares are held by Lightspeed Affiliates X, L.P. ("Affiliates X"). LGP X is the general partner of Affiliates X. LUGP X is the general partner of LGP X. Each of LGP X and LUGP X disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
Footnote F4
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. Each of LGP Opportunity and LUGP Opportunity disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
Footnote F5
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. Each of LGP Strategic and LUGP Strategic disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
Footnote F6
Shares are held by Lightspeed Venture Partners Select II, L.P. ("Lightspeed Select II"). Lightspeed General Partner Select II, L.P. ("LGP Select II") is the general partner of Lightspeed Select II. Lightspeed Ultimate General Partner Select II, Ltd. ("LUGP Select II") is the general partner of LGP Select II. Each of LGP Select II and LUGP Select II disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
Footnote F7
Shares are held by Lightspeed Venture Partners Select III, L.P. ("Lightspeed Select III"). Lightspeed General Partner Select III, L.P. ("LGP Select III") is the general partner of Lightspeed Select III. Lightspeed Ultimate General Partner Select III, Ltd. ("LUGP Select III") is the general partner of LGP Select III. Each of LGP Select III and LUGP Select III disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
SEC remarks
This Form 4 is the first of two Forms 4 filed relating to the same events. Combined, the two Form 4s report the holdings for the following Reporting Persons: Lightspeed Venture Partners X, L.P., Lightspeed Affiliates X, L.P., Lightspeed General Partner X, L.P., Lightspeed Ultimate General Partner X, Ltd., Lightspeed Opportunity Fund, L.P., Lightspeed General Partner Opportunity Fund, L.P., Lightspeed Ultimate General Partner Opportunity Fund, Ltd., Lightspeed Strategic Partners I L.P., Lightspeed Strategic Partners General Partner I L.P., Lightspeed Strategic Partners Ultimate General Partner I L.L.C., Lightspeed Venture Partners Select II, L.P., Lightspeed General Partner Select II, L.P., Lightspeed Ultimate General Partner Select II, Ltd., Lightspeed Venture Partners Select III, L.P., Lightspeed General Partner Select III, L.P. and Lightspeed Ultimate General Partner Select III, Ltd. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.