Ariel Cohen, a director and officer of Navan, Inc., filed a Form 144 notice of proposed sale of securities on November 2, 2026, disclosing an intent to sell 8,033 shares of Navan common stock with an aggregate market value of $209,661.30.

Key Highlights

  • Proposed sale: 8,033 shares of Navan, Inc. common stock with an aggregate market value of $209,661.30, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.
  • Shares outstanding: The filing lists 245,330,797 shares of common stock outstanding.
  • Acquisition: The 8,033 shares were acquired on September 20, 2026, via a Restricted Stock Units transaction from the issuer, with payment date of September 20, 2026.
  • Trading plan: The sale is intended to be executed under a Rule 10b5-1 plan adopted on July 9, 2026.
  • Exchange: The securities are listed on NASDAQ, under issuer Navan, Inc. (NASDAQ:NAVN).
  • Prior sales disclosed: Cohen and related trusts sold a combined 369,025 shares in the three months prior, generating gross proceeds totaling approximately $10,675,487.61.

Ariel Cohen's Proposed Sale and Prior Three-Month Activity at Navan, Inc.

According to the Form 144 filing dated November 2, 2026, Ariel Cohen, identified as both a director and officer of Navan, Inc., notified the SEC of a proposed sale of 8,033 shares of the company's common stock. The aggregate market value of the proposed sale is listed as $209,661.30. The shares were acquired on September 20, 2026, through a Restricted Stock Units transaction from the issuer. The approximate date of sale is listed as November 2, 2026, and the designated broker for the transaction is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

The filing also discloses that a Rule 10b5-1 trading plan was adopted on July 9, 2026, under which the proposed sale is to be conducted. The filing notes that Cohen, by signing the form, represents that he does not know of any material adverse information regarding the current and prospective operations of Navan, Inc. that has not been publicly disclosed, as of the plan adoption date.

As required by Form 144, the filing includes sales activity for the past three months by persons whose transactions are aggregated with Cohen's. The disclosed sales include: 50,647 shares of common stock sold by Ariel Cohen on September 21, 2026, for gross proceeds of $1,077,469.34; 168,378 shares sold under a 10b5-1 plan for Ariel Cohen on August 27, 2026, for gross proceeds of $5,075,603.27; 75,000 shares sold under a 10b5-1 plan for The Lihi Cohen GST Trust on August 27, 2026, for gross proceeds of $2,260,807.50; 75,000 shares sold for The Shai Cohen GST Trust on August 27, 2026, for gross proceeds of $2,260,807.50; and 75,000 shares sold for The Sivan Cohen GST Trust on August 27, 2026, for gross proceeds of $2,260,807.50.

What Was Disclosed

Ariel Cohen, a director and officer of Navan, Inc. (NASDAQ:NAVN), filed a Form 144 on November 2, 2026, disclosing a proposed sale of 8,033 common shares valued at $209,661.30, acquired via RSUs, under a 10b5-1 plan adopted July 9, 2026.