What price per share is reported for the NAVN stock award?

The filing reports a price of $28.56 per share for the 394 shares of Navan, Inc. Class A Common Stock received through the restricted stock unit grant.

Navan (NAVN) director swaps $11,250 cash fee for stock

Q: What did NAVN director Kaveripatnam Sandesh acquire in this Form 4 filing?

Kaveripatnam Sandesh acquired 394 shares of Navan, Inc. Class A Common Stock on August 20, 2026 via a fully vested restricted stock unit award granted in lieu of a cash board retainer.

Q: What indirect holdings in NAVN are associated with Kaveripatnam Sandesh?

Indirectly, Sandesh is reported as having 2,705,707 shares held by PI Opportunities Fund II and 5,874,257 shares held by Napean Trading and Investment Company (Singapore) PTE. LTC., as of August 20, 2026.

Q: Was this NAVN Form 4 transaction part of a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), and there is no footnote stating that the reported award was made pursuant to a Rule 10b5-1 trading plan.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Navan, Inc. (NAVN) reported that director Kaveripatnam Sandesh acquired 394 shares of Class A Common Stock on August 20, 2026 through a fully vested restricted stock unit award granted in lieu of a $11,250 cash retainer for board service. Following this award, Sandesh directly holds 46,205 shares and also has indirect holdings through affiliated investment entities.

Insider Trade Summary

Net Buyer: 394 shares

Net Buy 3 txns

Insider Kaveripatnam Sandesh

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock ^F1	394	$28.56	$11K
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 46,205 shares (Direct); Class A Common Stock — 2,705,707 shares (Indirect, By PI Opportunities Fund II); Class A Common Stock — 5,874,257 shares (Indirect, By Napean Trading and Investment Company (Singapore) PTE. LTC.)

Footnotes (1)

F1. Represents Class A Common Stock underlying restricted stock units that are fully vested on the grant date issued to the Reporting Person in lieu of a cash retainer for board service in the amount of $11,250.

Key Figures

Shares acquired: 394 shares of Class A Common Stock Reported price per share: $28.56 per share Cash retainer amount: $11,250 +3 more

6 metrics

Shares acquired 394 shares of Class A Common Stock Restricted stock unit award on August 20, 2026

Reported price per share $28.56 per share For the 394-share stock award

Cash retainer amount $11,250 Equity award issued in lieu of cash retainer for board service

Direct holdings after transaction 46,205 shares Class A Common Stock directly owned by Kaveripatnam Sandesh after award

Indirect holdings via PI Opportunities Fund II 2,705,707 shares Class A Common Stock held indirectly

Indirect holdings via Napean Trading and Investment Company 5,874,257 shares Class A Common Stock held indirectly

Key Terms

restricted stock units, cash retainer, indirect

3 terms

restricted stock units financial

"Represents Class A Common Stock underlying restricted stock units that are fully vested"

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.

cash retainer financial

"issued to the Reporting Person in lieu of a cash retainer for board service"

indirect financial

"total_shares_following_transaction" "direct_or_indirect": "I""

FAQ

What did NAVN director Kaveripatnam Sandesh acquire in this Form 4 filing?

Kaveripatnam Sandesh acquired 394 shares of Navan, Inc. Class A Common Stock on August 20, 2026 via a fully vested restricted stock unit award granted in lieu of a cash board retainer.

What was the implied value of the equity grant reported for NAVN?

The award represents Class A Common Stock underlying restricted stock units issued in lieu of a board cash retainer of $11,250, fully vested on the grant date, according to the filing footnote.

How many NAVN shares does Kaveripatnam Sandesh hold directly after this transaction?

After the reported award, Kaveripatnam Sandesh directly holds 46,205 shares of Navan, Inc. Class A Common Stock.

What indirect holdings in NAVN are associated with Kaveripatnam Sandesh?

Indirectly, Sandesh is reported as having 2,705,707 shares held by PI Opportunities Fund II and 5,874,257 shares held by Napean Trading and Investment Company (Singapore) PTE. LTC., as of August 20, 2026.

Was this NAVN Form 4 transaction part of a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), and there is no footnote stating that the reported award was made pursuant to a Rule 10b5-1 trading plan.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/24/2026 - 06:50 PM Accepted by SEC EDGAR 08/24/2026 - 06:50 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kaveripatnam Sandesh

(Last)

(First)

(Middle)

C/O NAVAN, INC.

3045 PARK BOULEVARD

(Street)

PALO ALTO

CALIFORNIA

94306

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Navan, Inc. [ NAVN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/20/2026		A		394⁽¹⁾	A	$28.56	46,205	D
Class A Common Stock								2,705,707	I	By PI Opportunities Fund II
Class A Common Stock								5,874,257	I	By Napean Trading and Investment Company (Singapore) PTE. LTC.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents Class A Common Stock underlying restricted stock units that are fully vested on the grant date issued to the Reporting Person in lieu of a cash retainer for board service in the amount of $11,250.

	/s/ Howard Baik, Attorney-in-Fact	08/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR