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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Nov 2025, 17:10:25 UTC
Prior SEC filing
29 Oct 2025
Next SEC filing
22 May 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sandesh Patnam

Key filing fact

Sandesh Kaveripatnam filed Form 4 for Navan, Inc. (NAVN) on 04 Nov 2025.

Key facts

  • This page summarizes Sandesh Kaveripatnam's Form 4 filing for Navan, Inc. (NAVN).
  • 10 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 04 Nov 2025, 17:10.

Change

  • Previous filing in this sequence was filed on 29 Oct 2025.
  • Current net transaction value: +$8,225,998.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001753516 Primary reporting owner

Kaveripatnam Sandesh

Relationship
Director
Address
C/O NAVAN, INC., 3045 PARK BOULEVARD, PALO ALTO
Signature
/s/ Sandesh Patnam
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
+2,705,707
Change %
Price
Shares after
2,705,707
Date
31 Oct 2025
Ownership
By PI Opportunities Fund II
Footnotes
F1, F2
NAVN transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$108,153,405
Shares
+5,089,572
Change %
Price
$21.25
Shares after
5,089,572
Date
31 Oct 2025
Ownership
By Napean Trading and Investment Company (Singapore) PTE. LTC.
Footnotes
F3
NAVN transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$648,911
Shares
+30,537
Change %
Price
$21.25
Shares after
30,537
Date
31 Oct 2025
Ownership
Direct
NAVN transaction

Class A Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
$23,541
Shares
+784,685
Change %
+15%
Price
$0.0300
Shares after
5,874,257
Date
31 Oct 2025
Ownership
By Napean Trading and Investment Company (Singapore) PTE. LTC.
Footnotes
F3
NAVN transaction

Class A Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
$141
Shares
+4,708
Change %
+15%
Price
$0.0300
Shares after
35,245
Date
31 Oct 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NAVN transaction Derivative

Series G-1 Preferred Stock

Conversion of derivative security

Transaction value
$0
Shares
-8,010,958
Change %
-100%
Price
$0.000000
Shares after
0
Date
31 Oct 2025
Ownership
By PI Opportunities Fund II
Underlying class
Class A Common Stock
Underlying amount
2,705,707
Exercise price
Footnotes
F1, F2
NAVN transaction Derivative

Simple Agreement for Future Equity

Conversion of derivative security

Transaction value
$100,000,000
Shares
Change %
Price
Shares after
0
Date
31 Oct 2025
Ownership
By Napean Trading and Investment Company (Singapore) PTE. LTC.
Underlying class
Class A Common Stock
Underlying amount
5,089,572
Exercise price
Footnotes
F3, F4
NAVN transaction Derivative

Simple Agreement for Future Equity

Conversion of derivative security

Transaction value
$600,000
Shares
Change %
Price
Shares after
0
Date
31 Oct 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
30,537
Exercise price
Footnotes
F5
NAVN transaction Derivative

Warrant (Right to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
$0
Shares
-784,685
Change %
-100%
Price
$0.000000
Shares after
0
Date
31 Oct 2025
Ownership
By Napean Trading and Investment Company (Singapore) PTE. LTC
Underlying class
Class A Common Stock
Underlying amount
784,685
Exercise price
$0.0300
Footnotes
F3, F6
NAVN transaction Derivative

Warrant (Right to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
$0
Shares
-4,708
Change %
-100%
Price
$0.000000
Shares after
0
Date
31 Oct 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,708
Exercise price
$0.0300
Footnotes
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

Each share of 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

These securities are held by PI Opportunities Fund II ("PI Fund II"), a fund within the Premji Invest Group ("PI"). The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by PI Fund II except to the extent of his pecuniary interest, if any, therein.

Footnote F3

These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein.

Footnote F4

This Simple Agreement for Future Equity in the principal amount of $100,000,000, plus accrued interest thereon in the aggregate amount of $8,153,424.66, automatically converted into shares of Class A Common Stock at $21.25 per share upon the closing of the IPO and had no expiration date.

Footnote F5

This Simple Agreement for Future Equity in the principal amount of $600,000, plus accrued interest thereon in the aggregate amount of $48,920.55, automatically converted into shares of Class A Common Stock at $21.25 per share upon the closing of the IPO and had no expiration date.

Footnote F6

These warrants were exercised upon the closing of the IPO pursuant to an irrevocable commitment by the holder.

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