Trade Summary

4 days ago, Lightspeed Venture Partners X, L.P., serving as 10% owner Owner at Navan, Inc. (NAVN), sold 2,024,131 shares at $20.19 per share, for a total transaction value of $40,862,524.89. Following this transaction, Lightspeed Venture Partners X, L.P. now holds 2,756,858 shares of NAVN.

This sale represents a 42.34% decrease in Lightspeed Venture Partners X, L.P.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, June 12, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, June 16, 2026 (accepted Jun 15, 8:25 PM ET), 4 days after the trade was made.

Navan, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.