Lightspeed affiliates notify sale of NAVN shares

Lightspeed affiliates filed Form 144 to report proposed sales of Class A Common Stock of NAVN.

Rhea-AI Filing Summary

Lightspeed affiliates filed Form 144 to report proposed sales of Class A Common Stock of NAVN. The notice lists a proposed sale of 2,500,000 shares by Lightspeed Opportunity Fund LP dated 06/13/2026 and a proposed sale of 10,569 shares by Lightspeed Management Company, LLC dated 07/01/2026. The filings include dollar amounts tied to those transactions.

Key Figures

Proposed shares - Lightspeed Opportunity Fund LP: 2,500,000 shares Dollar amount shown - Lightspeed Opportunity Fund LP: $49,957,077.93 Proposed shares - Lightspeed Management Company, LLC: 10,569 shares +1 more

4 metrics

Proposed shares - Lightspeed Opportunity Fund LP 2,500,000 shares proposed sale dated 06/13/2026

Dollar amount shown - Lightspeed Opportunity Fund LP $49,957,077.93 associated with 2,500,000 shares entry

Proposed shares - Lightspeed Management Company, LLC 10,569 shares proposed sale dated 07/01/2026

Dollar amount shown - Lightspeed Management Company, LLC $260,577.63 associated with 10,569 shares entry

Key Terms

Form 144, Class A Common Stock, Private Placement

3 terms

Form 144 regulatory

"Class A Common Stock | Merrill Lynch... | 07/08/2026 | NASDAQ"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Class A Common Stock financial

"Securities To Be Sold | Class A Common Stock | 01/20/2021 | Private Placement"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Private Placement financial

"Class A Common Stock | 01/20/2021 | Private Placement | Issuer"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

FAQ

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

What does the NAVN Form 144 filing disclose?

It discloses proposed resale of Class A shares by Lightspeed affiliates. The filing lists 2,500,000 shares proposed on 06/13/2026 and 10,569 shares proposed on 07/01/2026, with dollar amounts shown for each entry.

Who are the selling parties in the NAVN Form 144?

Lightspeed Opportunity Fund LP and Lightspeed Management Company, LLC are named sellers. The entries show the fund and the management company with their Menlo Park addresses and their respective proposed share quantities and values.

How many NAVN shares are proposed for sale in total in these notices?

The notices list 2,510,569 shares in the provided excerpt. That total combines the filed items of 2,500,000 and 10,569 shares as shown with their respective filing dates and dollar amounts.

Are the proceeds or sale prices included in the NAVN Form 144 entries?

Dollar amounts are included alongside the share quantities. The excerpt shows $49,957,077.93 for the 2,500,000-share entry and $260,577.63 for the 10,569-share entry as listed in the filing.

Do these Form 144 notices mean the sales have occurred?

No; Form 144 reports proposed sales by affiliates, not confirmation of completed trades. The filing dates indicate when the notices were made; execution and settlement are not confirmed in the excerpt.

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

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Accepted by SEC EDGAR 07/08/2026 - 06:32 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	0001702122
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	Lightspeed Management Company, L.L.C.
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	Affiliate

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
Class A Common Stock	Merrill Lynch, Pierce,Fenner & Smith Incorporated 555 California Street 18th Floor San Francisco CA 94104	8983	227269.9	239026566	07/08/2026	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 *
Class A Common Stock	01/20/2021	Private Placement	Issuer			8983	01/20/2021	Cash

* 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
LIGHTSPEED OPPORTUNITY FUND LP 2200 SAND HILL RD Menlo Park CA 94025	Class A Common Stock	06/13/2026	2500000	49957077.93
Lightspeed Management Company, LLC 2200 SAND HILL RD Menlo Park CA 94025	Class A Common Stock	07/01/2026	10569	260577.63

144: Remarks and Signature

Remarks
Date of Notice	07/08/2026
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	Ryan Connor
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)