# EDGAR Filing Document

**Accession Number:** 0001639723
**File Stem:** 0001813938-25-000006
**Filing Date:** 2025-11
**Character Count:** 8598
**Document Hash:** 4939230654e288a71c9204a37c73dbb7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001813938-25-000006.hdr.sgml**: 20251104

**ACCESSION NUMBER**: 0001813938-25-000006

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251104

**DATE AS OF CHANGE**: 20251104

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Janmohamed Arif
- **CENTRAL INDEX KEY:** 0001813938

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42922
- **FILM NUMBER:** 251450659

**MAIL ADDRESS:**
- **STREET 1:** 2200 SAND HILL ROAD
- **STREET 2:** SUITE 100
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Navan, Inc.
- **CENTRAL INDEX KEY:** 0001639723
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 473424780
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**BUSINESS ADDRESS:**
- **STREET 1:** 3045 PARK BOULEVARD
- **CITY:** PALO ALTO
- **STATE:** CA
- **ZIP:** 94306
- **BUSINESS PHONE:** 650-988-8500

**MAIL ADDRESS:**
- **STREET 1:** 3045 PARK BOULEVARD
- **CITY:** PALO ALTO
- **STATE:** CA
- **ZIP:** 94306

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TripActions, Inc.
- **DATE OF NAME CHANGE:** 20150415

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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**<sup>*</sup><br>Janmohamed Arif<br><sub>(Last) (First) (Middle)</sub><br>C/O NAVAN, INC.<br>3045 PARK BOULEVARD<br><sub>(Street)</sub><br>PALO ALTO, CA 94306<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-10-31 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Navan, Inc. [ NAVN ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-10-31 |  | C |  | 4478486 | A | <sup>(1)</sup> | 4780989 | I | By Lightspeed Opportunity Fund, L.P.<sup>(2)</sup> |
| Class A Common Stock | 2025-10-31 |  | C |  | 587965 | A | <sup>(1)</sup> | 587965 | I | By Lightspeed Strategic Partners I L.P.<sup>(3)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Series D Preferred Stock | <sup>(1)</sup> | 2025-10-31 |  | C |  |  | 7287940 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 2432552 | <sup>(1)</sup> | 0 | I | By Lightspeed Opportunity Fund, L.P.<sup>(2)</sup> |
| Series E Preferred Stock | <sup>(1)</sup> | 2025-10-31 |  | C |  |  | 5249132 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 1759626 | <sup>(1)</sup> | 0 | I | By Lightspeed Opportunity Fund, L.P.<sup>(2)</sup> |
| Series E Preferred Stock | <sup>(1)</sup> | 2025-10-31 |  | C |  |  | 1148606 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 385038 | <sup>(1)</sup> | 0 | I | By Lightspeed Strategic Partners I L.P.<sup>(3)</sup> |
| Series F Preferred Stock | <sup>(1)</sup> | 2025-10-31 |  | C |  |  | 649200 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 218667 | <sup>(1)</sup> | 0 | I | By Lightspeed Opportunity Fund, L.P.<sup>(2)</sup> |
| Series G-1 Preferred Stock | <sup>(1)</sup> | 2025-10-31 |  | C |  |  | 200273 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 67641 | <sup>(1)</sup> | 0 | I | By Lightspeed Opportunity Fund, L.P.<sup>(2)</sup> |
| Series G-1 Preferred Stock | <sup>(1)</sup> | 2025-10-31 |  | C |  |  | 600821 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 202927 | <sup>(1)</sup> | 0 | I | By Lightspeed Strategic Partners I L.P.<sup>(3)</sup> |

---

### Footnotes:

(1) Each share of Series D, Series E, Series F and Series G-1 Preferred Stock automatically converted into shares of Class A Common Stock immediately prior to the closing of the Issuer's initial public offering ("IPO") for no additional consideration at a conversion ratio that was dependent upon the initial price per share to the public in the Issuer's IPO.

(2) Shares are held by Lightspeed Opportunity Fund, L.P. ("Opportunity"). Lightspeed General Partner Opportunity Fund, L.P. ("LGP Opportunity") is the general partner of Opportunity. Lightspeed Ultimate General Partner Opportunity Fund, Ltd. ("LUGP Opportunity") is the general partner of LGP Opportunity. The Reporting Person is a director of LUGP Opportunity and shares voting and dispositive power with respect to the shares held by Opportunity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

(3) Shares are held by Lightspeed Strategic Partners I L.P. ("Strategic"). Lightspeed Strategic Partners General Partner I L.P. ("LGP Strategic") is the general partner of Strategic. Lightspeed Strategic Partners Ultimate General Partner I L.L.C. ("LUGP Strategic") is the general partner of LGP Strategic. The Reporting Person is a manager of LUGP Strategic and shares voting and dispositive power with respect to the shares held by Strategic. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

**Signature:** /s/ Arif Janmohamed  
**Date:** 2025-11-04

### Remarks:

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.**