Founders trust plans $2.2M Navan, Inc. (NAVN) share sale

Rhea-AI Filing Summary

Navan, Inc. (symbol NAVN) received a notice that The Lihi Cohen GST Trust plans to sell up to 75,000 shares of Navan common stock under Rule 144. The shares are held at Morgan Stanley Smith Barney LLC Executive Financial Services. The proposed sale has an indicated aggregate market value of about $2,199,750.00. Navan had 239,026,566 common shares outstanding as of 08/27/2026; this is a baseline figure, not the amount being sold. In the prior three months, Ariel Cohen sold 41,530 Navan common shares for $874,821.14, which must be aggregated with the trust's sales for Rule 144 limits.

Key Figures

Shares to be sold: 75,000 shares of common stock Proposed sale market value: $2,199,750.00 Shares outstanding: 239,026,566 shares +4 more

7 metrics

Shares to be sold 75,000 shares of common stock Maximum amount indicated for sale by The Lihi Cohen GST Trust under Rule 144

Proposed sale market value $2,199,750.00 Aggregate market value associated with 75,000 shares of Navan common stock

Shares outstanding 239,026,566 shares Navan common shares outstanding as of 08/27/2026

Prior 3-month sales shares 41,530 shares Navan common shares sold by Ariel Cohen on 06/22/2026

Prior 3-month sales value $874,821.14 Proceeds from Ariel Cohen’s sale of 41,530 shares on 06/22/2026

Original acquisition date 02/26/2015 Date the founders shares to be sold were acquired from the issuer

Planned filing period end date 08/27/2026 Date associated with the reported outstanding shares figure

Key Terms

Rule 144, Founders Shares, 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.

Founders Shares financial

"Common | 02/26/2015 | Founders Shares | Issuer"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

Securities To Be Sold financial

"144: Securities To Be Sold"

Securities Sold During The Past 3 Months financial

"144: Securities Sold During The Past 3 Months"

GST Trust financial

"Name of Person for Whose Account the Securities are To Be Sold | THE LIHI COHEN GST TRUST"

FAQ

What does the Form 144 filing for NAVN disclose about planned share sales?

The filing states that The Lihi Cohen GST Trust plans to sell up to 75,000 shares of Navan, Inc. common stock under Rule 144, with an indicated aggregate market value of about $2,199,750.00, through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many Navan (NAVN) shares are currently outstanding according to this notice?

The notice reports that Navan, Inc. had 239,026,566 common shares outstanding as of 08/27/2026. This figure provides context for the company’s total equity base and is not the number of shares being sold under this Form 144.

Who is selling Navan (NAVN) shares in this Form 144 and through which broker?

The planned sale is for the account of The Lihi Cohen GST Trust. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

What prior Navan (NAVN) share sales must be aggregated with this Form 144?

The filing reports that Ariel Cohen sold 41,530 Navan common shares on 06/22/2026 for $874,821.14. These sales must be aggregated with the trust’s planned sales when applying the volume limits of Rule 144.

What type of Navan (NAVN) shares are being sold under this Form 144?

The securities to be sold are Navan, Inc. common shares identified as Founders Shares, originally acquired on 02/26/2015 from the issuer. The planned sale amount is up to 75,000 common shares.

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

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Available on EDGAR 08/27/2026 - 04:18 PM Accepted by SEC EDGAR 08/27/2026 - 04:16 PM 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	THE LIHI COHEN GST TRUST
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	75000	2199750.00	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	02/26/2015	Founders Shares	Issuer			75000	02/26/2015	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
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/ Meital Cohen Karlsberg
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)