Navan's Ariel Cohen plans $4.9M stock sale

Navan, Inc. (NAVN) received a notice that Ariel Cohen intends to sell shares of Navan common stock under Rule 144.

Rhea-AI Filing Summary

Navan, Inc. (NAVN) received a notice that Ariel Cohen intends to sell shares of Navan common stock under Rule 144. The notice covers up to 168,378 shares of common stock, with an aggregate market value of $4,938,526.74, based on information as of August 27, 2026. Navan common stock outstanding was reported as 239,026,566 shares as of that date; this is a baseline figure, not the amount being sold.

The shares to be sold were acquired upon vesting of restricted stock units on March 20, 2026 and June 20, 2026. In the preceding three months, Ariel Cohen previously sold 41,530 shares of Navan common stock for total proceeds of $874,821.14.

Key Figures

Shares to be sold under Rule 144: 168,378 shares of common stock Aggregate market value of shares to be sold: $4,938,526.74 Shares of common stock outstanding: 239,026,566 shares +2 more

5 metrics

Shares to be sold under Rule 144 168,378 shares of common stock Amount of Navan, Inc. common stock covered by the Form 144 notice

Aggregate market value of shares to be sold $4,938,526.74 Market value of 168,378 NAVN shares as of August 27, 2026

Shares of common stock outstanding 239,026,566 shares Navan, Inc. common stock outstanding as of August 27, 2026

Shares sold during past 3 months 41,530 shares NAVN shares sold by Ariel Cohen on June 22, 2026

Proceeds from past 3-month sale $874,821.14 Total proceeds from 41,530 NAVN shares sold on June 22, 2026

Key Terms

Rule 144, Restricted Stock Units, Securities To Be Sold, Securities Sold During The Past 3 Months, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Units financial

"The securities to be sold were acquired upon the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Securities To Be Sold financial

"144: Securities To Be Sold Common | 03/20/2026 | Restricted Stock Units"

Securities Sold During The Past 3 Months financial

"144: Securities Sold During The Past 3 Months ARIEL COHEN"

aggregate market value financial

"Common | Morgan Stanley Smith Barney LLC ... | 168378 | 4938526.74"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filed for NAVN disclose?

The Form 144 discloses that Ariel Cohen plans to sell up to 168,378 shares of Navan, Inc. (NAVN) common stock under Rule 144, acquired upon vesting of restricted stock units on March 20, 2026 and June 20, 2026.

How many NAVN shares are covered by the planned Rule 144 sale?

The notice covers up to 168,378 shares of Navan, Inc. (NAVN) common stock. These shares were acquired upon the vesting of restricted stock units and are listed in the Form 144 as the amount of securities to be sold.

What is the aggregate market value of the NAVN shares in the Form 144?

The aggregate market value of the 168,378 NAVN shares listed for potential sale is $4,938,526.74, based on the market information provided as of August 27, 2026.

How many Navan (NAVN) shares were outstanding as of the Form 144 date?

Navan, Inc. reported 239,026,566 shares of common stock outstanding as of August 27, 2026. This figure provides context for the size of the planned sale relative to total shares.

What NAVN stock sales has Ariel Cohen made in the last 3 months?

In the prior three months, Ariel Cohen sold 41,530 shares of Navan (NAVN) common stock on June 22, 2026, for total proceeds of $874,821.14, as reported in the Form 144 disclosure section for past sales.

How were the NAVN shares in the Form 144 acquired?

The shares were acquired upon the vesting of restricted stock units on March 20, 2026 and June 20, 2026, as stated in the remarks and the securities-to-be-sold section of the Form 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/27/2026 - 04:21 PM EDT Accepted by SEC EDGAR 08/27/2026 - 04:21 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001853730
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NAVAN, INC.
SEC File Number	001-42922
Address of Issuer	3045 Park Boulevard Palo Alto CALIFORNIA 94306
Phone	8885058747
Name of Person for Whose Account the Securities are To Be Sold	ARIEL COHEN
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	168378	4938526.74	239026566	08/27/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/20/2026	Restricted Stock Units	Issuer			168378	03/20/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ARIEL COHEN 3045 Park Boulevard Palo Alto CA 94306	Common	06/22/2026	41530	874821.14

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units on 03/20/2026 and 06/20/2026.
Date of Notice	08/27/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	01/06/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Ariel Cohen
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)