STOCK TITAN

Lightspeed affiliates file Form 144 to sell NAVN (NASDAQ: NAVN) Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.
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FAQ

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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature