Company: NAVN
Filing Date: 2025-09-19
Form Type: S-1
Source: 0001628280-25-042130
Chunk: 221

Company: Navan, Inc.
Filing Date: 2025-09-19
Form: S-1
Chunk 221
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ich, our President. Summary Compensation Table The following table presents summary information regarding the total compensation for services rendered in all capacities that was awarded to, earned by, or paid to our named executive officers for fiscal 2025.

| Name and Principal Position                                                                                       |     | Year |     | Salary($) |     | StockAwards($)(1) |     | OptionAwards($)(2) |     | All OtherCompensation ($)(3) |     |  Total($) |
| Ariel Cohen,Co-founder, Chairpersonof our board ofdirectors, and ChiefExecutive Officer............               |     | 2025 |     |   816,667 |     | —                 |     |            812,921 |     |                          252 |     | 1,629,840 |
| Ilan Twig,Co-founder, a member ofour board of directors,and Chief TechnologyOfficer(4)........................... |     | 2025 |     |   575,357 |     | —                 |     |            900,087 |     |                           30 |     | 1,475,474 |
| Michael Sindicich,President.............................                                                          |     | 2025 |     |   750,000 |     | —                 |     |          1,363,642 |     |                          252 |     | 2,113,894 |

_______________ (1) During fiscal 2025, Mr. Sindicich was granted an RSU award under our 2015 Plan, subject to a performance- based vesting condition and time-based service vesting conditions. As of the applicable grant date and January 31, 2025, we had not recognized stock-based compensation expense for this award because achievement of the performance-based vesting condition was not deemed probable as of any such date. As a result, no value is included in the table for this award. Assuming achievement of the performance-based vesting condition, the aggregate grant date fair value of the RSU award for Mr. Sindicich was $2,092,150, computed in accordance with ASC 718. The assumptions used in calculating the grant date fair value of the RSU award are set forth in Note 10, “Equity Incentive Plan” to our consolidated financial statements included elsewhere in this prospectus. This amount does not necessarily correspond to the actual value that may be realized by Mr. Sindicich. See the section titled “—Equity-Based Incent