Navan (NASDAQ: NAVN) trust to sell 75,000 founders shares
Rhea-AI Filing Summary
Navan, Inc. (NAVN) received a notice that The Shai Cohen GST Trust intends to sell restricted or control shares under Rule 144. The trust plans to sell 75,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of approximately $2,199,750.00. The shares are described as Founders Shares originally acquired from the issuer on February 26, 2015. In the past three months, a related holder, Ariel Cohen, sold 41,530 shares of Navan common stock for proceeds of $874,821.14 on June 22, 2026, which is disclosed for Rule 144 aggregation purposes.
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Key Figures
Shares planned for sale: 75,000 shares of common stock
Aggregate market value of planned sale: $2,199,750.00
Shares sold in past 3 months: 41,530 shares of common stock
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5 metrics
Shares planned for sale
75,000 shares of common stock
Shares of Navan, Inc. to be sold by The Shai Cohen GST Trust under Rule 144
Aggregate market value of planned sale
$2,199,750.00
Value of 75,000 Navan common shares listed in the Form 144
Shares sold in past 3 months
41,530 shares of common stock
Navan shares sold by Ariel Cohen on June 22, 2026
Proceeds from past 3-month sale
$874,821.14
Total proceeds from Ariel Cohen’s June 22, 2026 sale of Navan common stock
Original acquisition date of Founders Shares
February 26, 2015
Acquisition date of the shares to be sold by The Shai Cohen GST Trust
Key Terms
Rule 144, Founders Shares, aggregate market value, Securities To Be Sold
4 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.
aggregate market value financial
"Common | Morgan Stanley... | 75000 | 2199750.00 |"
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.
Securities To Be Sold regulatory
"144: Securities To Be Sold"
FAQ
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