Amy Butte - 29 Oct 2025 Form 4 Insider Report for Navan, Inc. (NAVN)

Role: Chief Financial Officer
Signature: /s/ Howard Baik, Attorney-in-Fact
Issuer symbol: NAVN
Transactions as of: 29 Oct 2025
Transactions value $: $0
Form type: 4
Filing time: 31 Oct 2025, 20:43:16 UTC
Previous filing: 11 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Butte Amy	Chief Financial Officer	C/O NAVAN, INC., 3045 PARK BOULEVARD, PALO ALTO	/s/ Howard Baik, Attorney-in-Fact	31 Oct 2025	0001354540

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NAVN	Class A Common Stock	Tax liability	$0	-160,047	-16.77%	$0	794,065	30 Oct 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NAVN	Stock Option (Right to Buy)	Award	$0	+657,259		$0	657,259	29 Oct 2025	Class A Common Stock	657,259	$25	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs") prior to the open of trading on October 30, 2025, which settlement date was determined by the Issuer's board of directors, to satisfy the tax obligation realized upon vesting of such RSUs.
F2	Includes 655,952 RSUs, each of which represents a contingent right to receive one share of Issuer's Class A Common Stock upon vesting.
F3	The shares subject to the stock option vests with respect to 25% of the shares subject to the stock option on the first anniversary of the vesting commencement date, and the remaining 75% of the shares subject to the stock option vest in equal monthly installments over the following three years, subject to Reporting Person's continued service through each applicable vesting date.