Every Form 4 that Navan, Inc. (NAVN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow NAVN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NAVN filings page.
Navan, Inc. President Michael Eric Sindicich sold 8,977 shares of Class A common stock on September 21, 2026, at $21.2741 per share. The sale was required to cover tax-withholding obligations tied to RSU vesting and was not a discretionary trade. His reported direct holdings after the sale were 539,341 shares, including 326,438 RSUs, each a contingent right to receive one share upon vesting. No Rule 10b5-1 plan is reported.
Navan, Inc. Chief Technology Officer and director Twig Ilan Ezra reported a mandatory sale of 36,040 Class A Common Stock shares at $21.2741 per share on September 21, 2026 to cover tax withholding tied to vesting of restricted stock units; the sale was not discretionary. After the transaction, he reported 769,820 shares, including 640,867 RSUs, each a contingent right to receive one share upon vesting. No Rule 10b5-1 plan is reported.
Navan, Inc. Chairperson and CEO Ariel M. Cohen reported selling 50,647 Class A common shares on September 21, 2026, at $21.2741 per share. After the sale, Cohen directly held 1,035,595 shares, including 995,682 RSUs, each a contingent right to receive one Class A share upon vesting. The shares sold were required to cover tax withholding obligations related to RSU vesting; the transaction was described as mandatory, not discretionary.
Navan, Inc. insider Ariel M. Cohen, Chairperson and CEO, reported a series of transactions on August 27, 2026 involving both Class A and Class B Common Stock. Three blocks totaling 225,000 shares of Class B Common Stock held through the Lihi, Shai and Sivan Cohen GST Trusts were converted into an equal number of Class A shares, consistent with the automatic one-for-one conversion terms for Class B stock.
On the same date, a total of 393,378 shares of Class A Common Stock were sold at a weighted average price of $30.1441, including 168,378 shares sold directly and 75,000 shares sold by each of the three GST Trusts. The price range for the sales was $30.00 to $30.66, and the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on January 6, 2026. Following these transactions, Cohen held 1,086,242 Class A shares directly, including 1,086,122 RSUs, and continued to hold substantial indirect Class B positions convertible into Class A, including 3,165,987 underlying Class A shares through the Ariel Mordechai Cohen Living Trust.
Navan, Inc. (symbol: NAVN) is the issuer of record for a Form 4 filing submitted to the SEC.
Navan, Inc. (symbol: NAVN) is the issuer of record for a Form 4 filing submitted to the SEC.
Navan, Inc. (NAVN) director Clara Liang reported an acquisition of 438 shares of Class A Common Stock on 2026-08-20. These shares represent fully vested restricted stock units (RSUs) granted in lieu of a $12,500 cash retainer for board service at an implied value of $28.56 per share. Following this grant, Liang directly holds 10,397 shares of Class A Common Stock, including 9,959 RSUs, each convertible into one share of Class A Common Stock upon vesting.
Navan, Inc. (symbol: NAVN) is the issuer of record for a Form 4 filing submitted to the SEC.
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.
Navan, Inc. insider Oren Zeev and affiliated funds reported internal equity restructurings involving Class A Common Stock. On June 26, 2026 and July 7, 2026, Zeev-managed funds, including Zeev Ventures II, L.P., Zeev Ventures II-A, L.P., Zeev Ventures III, L.P. and the Zeev Living Trust, made pro rata distributions for no consideration of fund-held Navan shares to their limited partners and related management LLCs under Rules 16a-13 and 16a-9. These are non-market transfers at a stated per-share price of $0.00, not open-market purchases or sales. Oren Zeev, as managing member of the general partners, may be deemed to beneficially own shares held by the funds but disclaims beneficial ownership except to the extent of any pecuniary interest.
Navan, Inc. disclosed that investment entities affiliated with Lightspeed completed several internal reallocations of Class A common stock and a small market sale. On July 7, 2026, Lightspeed venture funds made multiple pro rata, in-kind distributions of Navan shares to their general and limited partners without additional consideration, which the filing specifies are not purchases or sales.
On July 8, 2026, Lightspeed Management Company, L.L.C. sold 8,983 Navan Class A shares in an open-market transaction at a weighted average price of $25.36 per share, within a reported range of $25.27 to $25.53, leaving that entity with no remaining reported holdings after the sale while affiliated funds continue to hold large indirect positions.
Navan, Inc. ten percent owners affiliated with Lightspeed reported an open-market sale of 8,983 shares of Class A Common Stock at a weighted average price of $25.36 per share, from trades between $25.27 and $25.53, by Lightspeed Management Company, L.L.C., which now reports no shares for that entity.
The filing also records several pro rata, in-kind distributions and related receipts among Lightspeed funds and their general partners, moving about 7,218,888 shares among affiliated entities without additional consideration. Post-transaction indirect holdings include 16,881,575 shares held by Lightspeed Venture Partners X, L.P. and 10,736,057 shares held by Lightspeed Venture Partners Select II, L.P., with general partners disclaiming beneficial ownership beyond their pecuniary interests.
Navan, Inc. insider filing shows entities associated with Lightspeed funds reporting their Class A Common Stock positions and a small sale. Lightspeed Management Company, L.L.C. sold 10,569 shares at a weighted average price of $24.65 per share, in trades ranging from $24.58 to $24.71, and now holds no Navan shares.
The filing also lists indirect holdings by affiliated Lightspeed funds, including 19,860,677 shares held by Lightspeed Venture Partners X, L.P., 12,630,655 shares held by Lightspeed Venture Partners Select II, L.P., and 6,134,518 shares held by Lightspeed Venture Partners Select III, L.P., among others. Footnotes state various general partners disclaim beneficial ownership except to the extent of their pecuniary interests and note that the LMC shares came from prior in-kind distributions that were previously omitted due to a clerical error.
Navan, Inc. disclosed that an entity associated with Lightspeed funds reported an insider transaction in its Class A Common Stock. Lightspeed Management Company, L.L.C. sold 10,569 shares in an open-market transaction at a weighted average price of $24.65 per share, with prices ranging from $24.58 to $24.71. After this sale, Lightspeed Management Company, L.L.C. reported holding no remaining Navan shares. Other reporting entities in the Lightspeed group reported ongoing indirect holdings in Navan through various funds, with individual positions such as 19,860,677 shares held by Lightspeed Venture Partners X, L.P. and 12,630,655 shares held by Lightspeed Venture Partners Select II, L.P., reflecting continued significant fund ownership.
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.
HOROWITZ BENJAMIN A reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director and significant shareholder Benjamin A. Horowitz reported receiving a grant of 9,959 restricted stock units (RSUs), each representing one share of Navan Class A Common Stock. The 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.
After this grant, Horowitz holds 10,971 shares of Class A Common Stock directly. The filing also details large indirect holdings of Navan shares by various investment funds affiliated with Andreessen Horowitz, over which Horowitz and Marc Andreessen may share voting and dispositive power but for which Horowitz disclaims beneficial ownership beyond any pecuniary interest.
Janmohamed Arif reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Arif Janmohamed received an equity award of 9,959 restricted stock units (RSUs) of Class A Common Stock. Each RSU represents a right to receive one share at no purchase price.
The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant, subject to his continued service through the vesting date. After this filing, he also has indirect interests in 2,280,989 shares held by Lightspeed Opportunity Fund, L.P., 587,965 shares held by Lightspeed Strategic Partners I L.P., and 40,709 shares held by a family trust, all of which are held through those entities with beneficial ownership disclaimed except for his pecuniary interest.
Kaveripatnam Sandesh reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Kaveripatnam Sandesh received a grant of 9,959 restricted stock units (RSUs), each representing one share of Class A Common Stock at no cost. These RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, contingent on his continued service.
Following the grant, he holds 45,811 shares directly, including the 9,959 RSUs. Separate Form 4 entries show large indirect holdings by Napean Trading and Investment Company (Singapore) Pte Ltd and PI Opportunities Fund II, for which Sandesh disclaims beneficial ownership except for any pecuniary interest.
Liang Clara reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Clara Liang received an equity grant of 9,959 restricted stock units, each representing one share of Class A Common Stock. These RSUs vest in full on the earlier of the first anniversary of the grant date or Navan’s next annual meeting of stockholders, subject to her continued service. Following this grant, she holds 9,959 shares directly.
Weiss Shai reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Shai Weiss reported receiving a grant of 4,150 restricted stock units (RSUs), each representing one share of Class A Common Stock, at no cash cost per share. 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, Weiss holds 37,312 RSUs in total, each convertible into one share upon vesting.
Williams Anre D reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Anre D. Williams received an equity award of 9,959 shares of Class A Common Stock in the form of restricted stock units (RSUs) at a stated price of $0.00 per share. After this grant, he holds 225,617 shares directly, including 24,983 RSUs.
The RSUs vest once a time-based service condition is met. That condition is satisfied in full on the earlier of the first anniversary of the grant date or Navan’s next annual meeting of stockholders following the grant date, assuming Williams continues to serve through the vesting date.
KOUREY MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Michael R. KoureY received a grant of 9,959 restricted stock units (RSUs) of Class A Common Stock on June 25, 2026. The award was granted at no cash cost, with each RSU representing one share of Class A Common Stock upon vesting.
The RSUs vest in full on the earlier of the first anniversary of the grant date or Navan’s next annual meeting of stockholders, subject to his continued service through that date. Following this grant, KoureY directly holds 253,253 shares, including 146,813 RSUs that will settle into shares upon vesting.
Navan, Inc. president Michael Eric Sindicich reported an open-market sale of 2,176 shares of Class A Common Stock at a weighted average price of $21.0604 per share. The transaction was a mandatory “sell to cover” to satisfy tax withholding obligations related to vesting restricted stock units, and was not a discretionary trade. Following the sale, he directly holds 548,318 shares, including 1,243 shares acquired under the Navan, Inc. 2025 Employee Stock Purchase Plan on June 15, 2026 and 350,538 RSUs, each representing a contingent right to receive one share upon vesting.
Navan, Inc. Chief Technology Officer Twig Ilan Ezra reported an automatic sale of Class A Common Stock tied to tax withholding. The transaction involved 24,726 shares at a weighted average price of $21.0635 per share to cover taxes due on vesting restricted stock units. This sell-to-cover was mandatory rather than a discretionary trade. After the transaction, Ezra holds 805,860 shares in total, including 695,825 RSUs that may convert into shares as they vest.
Navan, Inc. Chairperson and CEO Ariel M. Cohen reported an open-market sale of 41,530 shares of Class A Common Stock at a weighted average price of $21.0648 per share. According to the disclosure, this transaction was a mandatory “sell to cover” to satisfy tax withholding obligations triggered by vesting restricted stock units.
After the sale, Cohen directly holds 1,254,731 shares of Class A Common Stock, which includes 1,086,122 restricted stock units, each representing a contingent right to receive one share upon vesting. The filing describes the sale as non-discretionary and driven by tax requirements rather than an elective portfolio decision.
Lightspeed Opportunity Fund, L.P., an entity associated with Navan, Inc. director Arif Janmohamed, sold 475,869 shares of Navan Class A Common Stock in open-market transactions. The sales occurred on June 16–17, 2026 at weighted average prices around $18.71–$19.64 per share, with individual trades executed within stated price ranges.
After these sales, Lightspeed Opportunity Fund reported 2,280,989 shares of Navan Class A Common Stock. Related entities indirectly associated with Janmohamed also reported holdings of 587,965 shares through Lightspeed Strategic Partners I L.P. and 40,709 shares in a family trust. Janmohamed shares voting and dispositive power over these entities and disclaims beneficial ownership beyond his pecuniary interest.
Navan, Inc. reported insider activity by Lightspeed-affiliated funds. Lightspeed Opportunity Fund, L.P. executed open-market sales totaling 475,869 shares of Class A Common Stock on June 16–17 at reported prices of $19.13, $19.64, and $18.71 per share.
After the June 16 sale of 398,546 shares at $19.13, Lightspeed Opportunity Fund, L.P. reported 2,358,312 shares held indirectly. Additional entries show large indirect holdings by other Lightspeed funds, which are disclosed here without new buy or sell transactions.
Navan, Inc. reported that venture investment entities affiliated with Lightspeed completed open-market sales of Class A common stock. Lightspeed Opportunity Fund, L.P. sold 475,869 shares over June 16–17 at weighted average prices ranging from about $18.40 to $19.9957 per share and continues to hold 2,280,989 shares indirectly. Other affiliated Lightspeed funds reported substantial indirect Navan holdings with no new transactions disclosed in this data.
Navan, Inc. director Arif Janmohamed reported indirect open-market sales of 2,024,131 shares of Class A Common Stock on June 12 and 15, 2026, executed through Lightspeed Opportunity Fund, L.P. at weighted-average prices between $18.8748 and $20.9127 per share.
The filing also notes indirect holdings via Lightspeed Strategic Partners I L.P. and a family trust, with Janmohamed disclaiming beneficial ownership except for his pecuniary interest in these entities.
Navan, Inc. major shareholder Lightspeed-affiliated funds reported both open-market sales and internal distributions of Class A Common Stock. Lightspeed Opportunity Fund, L.P. sold a total of 2,024,131 shares in open-market transactions on June 12 and June 15, 2026 at prices including $19.77 and $20.91 per share, and reported 2,756,858 shares held after one of the sales.
Separately, Lightspeed Venture Partners Select II, L.P. and Lightspeed Venture Partners X, L.P. made pro rata, in-kind distributions of 2,228,940 and 3,504,825 shares, respectively, to their general and limited partners for no consideration, characterized as other transactions rather than purchases or sales. As of June 11, 2026, other Lightspeed entities held 6,134,518 shares through Lightspeed Venture Partners Select III, L.P., 587,965 shares through Lightspeed Strategic Partners I L.P., and 192,885 shares through Lightspeed Affiliates X, L.P.
Navan, Inc. insider update: Investment funds affiliated with Lightspeed reported open-market sales of Navan Class A Common Stock and non-cash internal distributions across several funds.
Lightspeed Opportunity Fund, L.P. sold a total of 2,024,131 shares in open-market transactions on June 12 and June 15 at weighted average prices reported between $18.8748 and $20.9127 per share. Following the last sale, this fund held 2,756,858 Navan shares indirectly.
The filing also records “J” code transactions for 5,733,765 shares as pro rata, in-kind distributions by Lightspeed Venture Partners X, L.P. and Lightspeed Venture Partners Select II, L.P. to their general and limited partners for no consideration, which footnotes describe as not purchases or sales. Additional indirect holdings are reported, including 6,134,518 shares by Lightspeed Venture Partners Select III, L.P., 587,965 shares by Lightspeed Strategic Partners I L.P., and 192,885 shares by Lightspeed Affiliates X, L.P. as of June 11.
Navan, Inc. president Michael Eric Sindicich sold 51,169 shares of Class A common stock in an open-market transaction on May 28, 2026 at a weighted average price of $20.1987 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 5, 2026, indicating it was scheduled in advance. Following this sale, he continues to hold 549,251 shares, including 356,381 restricted stock units that convert into shares upon vesting.
Twig Ilan Ezra reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. reported that Chief Technology Officer Twig Ilan Ezra received a grant of 292,112 shares of Class A Common Stock in the form of restricted stock units at a price of $0.00 per share. This is a compensation-related award rather than an open‑market purchase.
The RSUs vest over time, with 1/16 of the total vesting each quarter, subject to Ezra’s continued service. After this grant, Ezra directly holds 830,366 shares of Class A Common Stock, which the footnotes state include 732,527 RSUs.
Cohen Ariel M. reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. reported that Chairperson and CEO Ariel M. Cohen received an equity compensation grant of 292,112 shares of Class A Common Stock in the form of restricted stock units (RSUs). The award carried a grant price of $0.00 per share.
The RSUs vest over time, with 1/16 of the total RSUs vesting every quarter, subject to Cohen’s continued service through each vesting date. Following this grant, Cohen directly holds 1,296,150 shares of Class A Common Stock, including 1,158,305 RSUs.
Sindicich Michael Eric reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc.'s President, Michael Eric Sindicich, received a grant of 292,112 shares of Class A Common Stock in the form of restricted stock units on May 21, 2026. The RSUs have no purchase price and vest 1/16 each quarter, contingent on continued service. After this award, he directly holds 600,420 shares, including RSUs.
Williams Anre D reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Anre D. Williams received an equity grant of 634 shares of Class A Common Stock on May 20, 2026. The award was issued at $18.54 per share and was granted as fully vested restricted stock units in lieu of a $11,750 cash retainer for board service.
Following this grant, Williams holds a total of 215,658 shares of Class A Common Stock directly, including 15,024 restricted stock units, each representing the right to receive one share upon vesting.
Kaveripatnam Sandesh reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director Kaveripatnam Sandesh received an equity compensation grant of 607 shares of Class A Common Stock in the form of restricted stock units. The footnote explains these RSUs were fully vested on the grant date and issued in lieu of a $11,250 cash retainer for board service, implying a grant price of about $18.54 per share. Following this award, Sandesh directly holds 35,852 shares of Class A Common Stock and also reports indirect holdings of 5,874,257 shares through Napean Trading and Investment Company (Singapore) PTE. LTC. and 2,705,707 shares through PI Opportunities Fund II.
HOROWITZ BENJAMIN A reported acquisition or exercise transactions in this Form 4 filing.
Navan, Inc. director and 10% owner Benjamin A. Horowitz reported a compensation-related equity grant rather than an open-market trade. He received 1,012 shares of Class A Common Stock on May 20, 2026 at a reported price of $18.54 per share, delivered as fully vested restricted stock units issued in lieu of a $18,750 cash retainer for board service.
The filing also lists large indirect holdings of Navan Class A Common Stock by various investment funds, including Andreessen Horowitz LSV and Fund V entities, AH Parallel Fund V, and CLF Partners, LP. These shares are held of record by the funds, over which related general partner entities may have voting and dispositive power. Horowitz and Marc Andreessen are managing members of those general partners, and Horowitz disclaims group status and beneficial ownership of the fund-held securities except to the extent of any pecuniary interest.
Navan, Inc. director Anre D. Williams made an open-market purchase of 100,000 shares of Class A Common Stock at $12.00 per share. Following this transaction, he directly owns 215,024 shares, including 15,024 restricted stock units that each convert into one share upon vesting.
Navan, Inc. President Michael Eric Sindicich reported an automatic tax-related sale of 2,206 shares of Class A Common Stock. The shares were sold in open-market transactions at a weighted average price of $8.6176 per share to cover tax withholding obligations from vesting restricted stock units, under a mandated “sell to cover” arrangement rather than a discretionary trade. After this sale, he directly holds 308,308 shares of Class A Common Stock, and his holdings also include 64,269 restricted stock units that each represent a contingent right to receive one share upon vesting.
Navan, Inc. director and Chief Technology Officer Twig Ilan Ezra reported an automatic sale of 49,210 shares of Class A Common Stock. The shares were sold on March 20, 2026 in open-market transactions at a weighted average price of $8.6221 per share.
According to the disclosure, this “sell to cover” transaction was required to cover tax withholding obligations from vesting restricted stock units and did not represent a discretionary trade. After the sale, Ezra directly holds 538,012 shares, including 440,415 RSUs that each convert into one share upon vesting.
Navan, Inc. Chairperson and CEO Ariel M. Cohen reported an open-market sale of 151,007 shares of Class A Common Stock at a weighted average price of $8.6224 per share. According to the disclosure, this sale was required to cover tax withholding obligations tied to the vesting of restricted stock units and was executed as a non-discretionary “sell to cover” transaction rather than a voluntary trade. Following the sale, Cohen’s reported direct holdings total 1,003,918 shares, including 866,193 RSUs that each represent a right to receive one share upon vesting.
Navan, Inc.’s Chief Financial Officer Aurelien Nolf reported equity awards, increasing his direct ownership stake. He received grants of Class A common stock in the form of restricted stock units and a large stock option award.
The filing shows awards of 97,370 and 778,967 RSUs, each representing a right to receive one share of Class A common stock if time-based service conditions are met. He also received 1,010,099 stock options with a $9.97 exercise price, expiring in 2036, which vest over four years. Following these awards, he directly holds 876,337 shares of Class A common stock.
Navan, Inc. reported that officer Anne Mary Giviskos sold 31,150 shares of Class A common stock on March 3, 2026 at a weighted average price of about $9.52 per share. According to the disclosure, this was a mandated “sell to cover” transaction to satisfy tax withholding on vesting restricted stock units and was not a discretionary trade. After the sale, she held 74,940 shares of Navan stock directly.
Navan, Inc. president Michael Eric Sindicich reported automatic sales of Class A common stock tied to tax obligations from vesting restricted stock units. On January 28, 2026, he sold 9,081 shares at $13.85 and 268 shares at $14.03.
The filing explains these transactions were "sell to cover" trades to satisfy tax withholding and were not discretionary investment decisions. After the sales, he directly held 310,514 shares of Navan Class A common stock, including 70,112 RSUs that can convert into shares upon vesting.
Navan, Inc.'s interim CFO, Anne Mary Giviskos, reported automatic share sales tied to RSU tax withholding. On January 28, 2026, she sold 77 Class A shares at $13.80 and 2,598 shares at $13.85 to cover taxes from vesting restricted stock units.
After these sell-to-cover transactions, she beneficially owned 106,090 Class A shares, including 82,532 RSUs, each RSU representing a right to receive one share upon vesting. The filing states these were not discretionary trades.
Navan, Inc. director Shai Weiss reported an equity award in the form of restricted stock units. On 01/28/2026, he acquired 33,162 RSUs tied to Navan’s Class A common stock at a reported price of $0 per unit, held directly.
The RSUs vest over time: one-third of the total vests on the first anniversary of the vesting commencement date, and the remaining two-thirds vest in equal annual installments thereafter, contingent on Weiss’s continued service with the company.
Andreessen Horowitz-affiliated funds reported a new purchase of Navan, Inc. Class A common stock and updated their existing holdings. On January 7, 2026, Andreessen Horowitz LSV Fund II, L.P. purchased 46,337 shares of Navan Class A common stock at a weighted average price of $18.11, bringing its indirectly reported holdings to 8,346,792 shares. The shares were acquired in multiple trades between $17.80 and $18.21.
Related Andreessen Horowitz entities reported indirect holdings of 6,757,090 shares by Andreessen Horowitz LSV Fund I, L.P., 607,161 shares by Andreessen Horowitz LSV Fund III, L.P., 2,081,772 shares by Andreessen Horowitz Fund V, L.P., 17,001 shares by CLF Partners, LP, and 10,408,860 shares by AH Parallel Fund V, L.P. The filing explains that various AH Equity Partners entities serve as general partners with voting and dispositive power and that Marc Andreessen and Benjamin Horowitz may be deemed to share such power, while all reporting persons disclaim group status and beneficial ownership beyond any pecuniary interest. This filing is identified as the first of three Forms 4 covering these reporting persons.
Navan, Inc. received a Form 4 filing showing that investment funds affiliated with Andreessen Horowitz reported an insider purchase of Class A common stock. On January 7, 2026, Andreessen Horowitz LSV Fund II, L.P. bought 46,337 Navan Class A shares at a weighted average price of $18.11, with individual trade prices ranging from $17.80 to $18.21. Following this purchase, that fund reported indirect beneficial ownership of 8,346,792 shares. The filing also updates indirect holdings for related funds, including 6,757,090 shares by Andreessen Horowitz LSV Fund I, L.P., 607,161 by LSV Fund III, L.P., 2,081,772 by Fund V, L.P., 17,001 by CLF Partners, LP, and 10,408,860 by AH Parallel Fund V, L.P. The reporting persons state that they may be deemed to have voting and dispositive power through general partner entities and broadly disclaim group status and beneficial ownership beyond any pecuniary interest. This is described as the second of three Forms 4 covering the same event.
Navan, Inc. reported an insider share purchase by funds affiliated with Andreessen Horowitz. On January 7, 2026, Andreessen Horowitz LSV Fund II, L.P. and related entities purchased 46,337 shares of Navan Class A common stock at a weighted average price of $18.11 per share, through multiple trades in a price range from $17.80 to $18.21.
After this transaction, entities associated with Andreessen Horowitz reported indirect beneficial ownership positions including 8,346,792 shares held by Andreessen Horowitz LSV Fund II, L.P., 6,757,090 shares held by Andreessen Horowitz LSV Fund I, L.P., 2,081,772 shares held by Andreessen Horowitz Fund V, L.P., and 10,408,860 shares held by AH Parallel Fund V, L.P., among others. This Form 4 is identified as the third of three related filings covering multiple Andreessen Horowitz funds and affiliated entities.