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Navan, Inc. (NASDAQ: NAVN) Chairperson and CEO Ariel M. Cohen sold a total of $23,108,300 in Class A Common Stock, according to a Form 4 filing with the Securities and Exchange Commission on October 31, 2025. The sale comes as Navan’s stock trades at $20.32, with a market capitalization of approximately $4.96 billion, according to InvestingPro data.
The transactions, all executed on October 31, 2025, involved the sale of 924,992 shares of Navan’s Class A Common Stock at a price of $25.0 per share. Notably, this sale price sits above both the current trading price and the 52-week high of $22.75, while the stock has shown modest growth with a 1.6% return over the past year.
Specifically, Cohen sold 833,333 shares held by the Ariel Mordechai Cohen Living Trust, 30,333 shares held by the Lihi Cohen GST Trust, 30,333 shares held by the Shai Cohen GST Trust and 30,333 shares held by the Sivan Cohen GST Trust.
The filing also indicated a conversion of Class B Common Stock into Class A Common Stock, with no price per share.
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