SEC Form 4 · accession 0002085077-26-000019
Navan, Inc. · NAVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Eric Sindicich
Officer — President
Period of report
Jun 22, 2026
Accepted (ET)
Jun 23, 2026 · 5:47 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001639723
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F3 | Jun 22, 2026 | S | 2,176 | $21.0604 | D | 548,318 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs). The sale satisfies the tax withholding obligations to be funded by a mandatory "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.04 to $21.64, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Includes (i) 1,243 shares acquired under the Navan, Inc. 2025 Employee Stock Purchase Plan on June 15, 2026 and (ii) 350,538 RSUs, each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting.