Arif Janmohamed - Oct 29, 2025 Form 3 Insider Report for Navan, Inc. (NAVN)

Role: Director
Signature: /s/ Arif Janmohamed
Stock symbol: NAVN
Transactions as of: Oct 29, 2025
Transactions value $: $0
Form type: 3
Date filed: 10/29/2025, 09:36 PM
Previous filing: Sep 22, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Janmohamed Arif	Director	C/O NAVAN, INC., 3045 PARK BOULEVARD, PALO ALTO	/s/ Arif Janmohamed	2025-10-29	0001813938

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NAVN	Class A Common Stock						303K	Oct 29, 2025	By Lightspeed Opportunity Fund, L.P.	F1

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
holding	NAVN	Series D Preferred Stock							Oct 29, 2025	Class A Common Stock	2.43M		By Lightspeed Opportunity Fund, L.P.	F1, F2
holding	NAVN	Series E Preferred Stock							Oct 29, 2025	Class A Common Stock	1.76M		By Lightspeed Opportunity Fund, L.P.	F1, F2
holding	NAVN	Series E Preferred Stock							Oct 29, 2025	Class A Common Stock	385K		By Lightspeed Strategic Partners I, L.P.	F2, F3
holding	NAVN	Series F Preferred Stock							Oct 29, 2025	Class A Common Stock	219K		By Lightspeed Opportunity Fund, L.P.	F1, F2
holding	NAVN	Series G-1 Preferred Stock							Oct 29, 2025	Class A Common Stock	67.6K		By Lightspeed Opportunity Fund, L.P.	F1, F2
holding	NAVN	Series G-1 Preferred Stock							Oct 29, 2025	Class A Common Stock	203K		By Lightspeed Strategic Partners I, L.P.	F2, F3

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

Explanation of Responses:

Id	Content
F1	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.
F2	The Series D, Series E, Series F and Series G-1 Preferred Stock are each convertible into Class A Common Stock on a ratio dependent on the public offering price of the Class A Common Stock in the Issuer's initial public offering, and have no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series D, Series E, Series F and Series G-1 Preferred Stock will be converted into shares of Class A Common Stock of the Issuer.
F3	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.