Navan (NAVN) director and 10% owner gets 9,959-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZEEV OREN reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director and 10% owner Oren Zeev received a grant of 9,959 restricted stock units (RSUs), each representing one share of Class A Common Stock, at a price of $0.0000 per share as a compensation award. These RSUs vest in full on the earlier of the first anniversary of the grant date or Navan’s next annual stockholder meeting, subject to his continued service.
Following this award, Zeev directly holds 67,223 shares of Class A Common Stock. He also has voting and dispositive power over large indirect holdings through multiple Zeev Ventures and Zeev Opportunity funds, including 15,766,767 shares held by Zeev Ventures II-A, L.P. and 10,823,032 shares held by Zeev Ventures III, L.P., while he and the general partners disclaim beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
ZEEV OREN, ZEEV OPPORTUNITY FUND I, L.P., ZEEV VENTURES II, L.P., ZEEV VENTURES II-A, L.P., ZEEV VENTURES III, L.P., Zeev Ventures IV, L.P., ZEEV VENTURES V, L.P., ZEEV VENTURES VI, L.P., ZEEV VENTURES VII, L.P., ZEEV VENTURES VIII, L.P.
Role
null | null | null | null | null | null | null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,959 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 67,223 shares (Direct, null);
Class A Common Stock — 770,077 shares (Indirect, Zeev Opportunity Fund I, L.P.)
Footnotes (1)
- Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Issuer's Class A Common Stock. The RSUs are subject to a time-based service condition. The time-based service condition will be satisfied in full on the earlier of (i) the first anniversary of the date of the grant or (ii) the date of Issuer's next annual meeting of stockholders following the date of the grant, subject to Reporting Person's continued service through such vesting date. Includes 9,959 RSUs, each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting. Oren Zeev is the managing member of each of Zeev Opportunity Management I, L.L.C., Zeev Ventures Management II, L.L.C., Zeev Ventures Management II-A, L.L.C., Zeev Ventures Management III, L.L.C., Zeev Ventures Management IV, L.L.C., Zeev Ventures Management V, L.L.C., Zeev Ventures Management VI, L.L.C., Zeev Ventures Management VII, L.L.C., and Zeev Ventures Management VIII, L.L.C. (collectively, the "General Partners") and, as such, may be deemed to beneficially own the shares held by each of Zeev Opportunity Fund I, L.P., Zeev Ventures II, L.P., Zeev Ventures II-A, L.P., Zeev Ventures III, L.P., Zeev Ventures IV, L.P., Zeev Ventures V, L.P., Zeev Ventures VI, L.P., Zeev Ventures VII, L.P., and Zeev Ventures VIII, L.P. (collectively, the "Funds"). Oren Zeev has voting and dispositive power over the shares held by the Funds. Each of Oren Zeev and the General Partners disclaims beneficial ownership except to the extent of their pecuniary interest therein, if any. Shares held directly by Zeev Opportunity Fund I, L.P. Zeev Opportunity Management I, L.L.C. is the general partner of Zeev Opportunity Fund I, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Opportunity Fund I, L.P. Shares held directly by Zeev Ventures II, L.P. Zeev Ventures Management II, L.L.C. is the general partner of Zeev Ventures II, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures II, L.P. Shares held directly by Zeev Ventures II-A, L.P. Zeev Ventures Management II-A, L.L.C. is the general partner of Zeev Ventures II-A, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures II-A, L.P. Shares held directly by Zeev Ventures III, L.P. Zeev Ventures Management III, L.L.C. is the general partner of Zeev Ventures III, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures III, L.P. Shares held directly by Zeev Ventures IV, L.P. Zeev Ventures Management IV, L.L.C. is the general partner of Zeev Ventures IV, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures IV, L.P. Shares held directly by Zeev Ventures V, L.P. Zeev Ventures Management V, L.L.C. is the general partner of Zeev Ventures V, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures V, L.P. Shares held directly by Zeev Ventures VI, L.P. Zeev Ventures Management VI, L.L.C. is the general partner of Zeev Ventures VI, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VI, L.P. Shares held directly by Zeev Ventures VII, L.P. Zeev Ventures Management VII, L.L.C. is the general partner of Zeev Ventures VII, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VII, L.P. Shares held directly by Zeev Ventures VIII, L.P. Zeev Ventures Management VIII, L.L.C. is the general partner of Zeev Ventures VIII, L.P. and, as such, may be deemed to beneficially own the shares held by Zeev Ventures VIII, L.P.
Key Figures
RSU grant size: 9,959 RSUs
Grant price: $0.0000 per share
Direct holdings post-grant: 67,223 shares
+5 more
8 metrics
RSU grant size
9,959 RSUs
Compensation award of Navan Class A Common Stock
Grant price
$0.0000 per share
Transaction price per share for RSU award
Direct holdings post-grant
67,223 shares
Navan Class A Common Stock held directly by Oren Zeev
Zeev Ventures II-A holdings
15,766,767 shares
Navan Class A Common Stock held by Zeev Ventures II-A, L.P.
Zeev Ventures III holdings
10,823,032 shares
Navan Class A Common Stock held by Zeev Ventures III, L.P.
Zeev Opportunity Fund I holdings
770,077 shares
Navan Class A Common Stock held by Zeev Opportunity Fund I, L.P.
Zeev Ventures VII holdings
1,124,268 shares
Navan Class A Common Stock held by Zeev Ventures VII, L.P.
Zeev Ventures VIII holdings
917,394 shares
Navan Class A Common Stock held by Zeev Ventures VIII, L.P.
Key Terms
restricted stock units ("RSUs"), time-based service condition, beneficially own, disclaims beneficial ownership, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"), each of which represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
time-based service condition financial
"The RSUs are subject to a time-based service condition. The time-based"
beneficially own financial
"and, as such, may be deemed to beneficially own the shares held by each"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
disclaims beneficial ownership financial
"Each of Oren Zeev and the General Partners disclaims beneficial ownership"
voting and dispositive power financial
"Oren Zeev has voting and dispositive power over the shares held by the Funds."
