Navan, Inc.

Filing Date

Jul 9, 2026

Transaction Date

Jul 7, 2026

Accession Number

0001231919-26-000749

Form Type

4

Net Trading Amount

-$227.8K

Footnotes

1. (F1)Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Lightspeed Venture Partners X, L.P. ("Lightspeed X") to its general partner and limited partners without additional consideration.
2. (F2)Shares are held by Lightspeed X. Lightspeed General Partner X, L.P. ("LGP X") is the general partner of Lightspeed X. Lightspeed Ultimate General Partner X, Ltd. ("LUGP X") is the general partner of LGP X. Each of LGP X and LUGP X disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
3. (F3)Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Lightspeed Affiliates X, L.P. ("Affiliates X") to its limited partners without additional consideration.
4. (F4)Shares are held by Affiliates X. LGP X is the general partner of Affiliates X. LUGP X is the general partner of LGP X. Each of LGP X and LUGP X disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
5. (F5)Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Lightspeed Venture Partners Select II, L.P. ("Lightspeed Select II") to its general partner and limited partners without additional consideration.
6. (F6)Shares are held by Lightspeed Select II. Lightspeed General Partner Select II, L.P. ("LGP Select II") is the general partner of Lightspeed Select II. Lightspeed Ultimate General Partner Select II, Ltd. ("LUGP Select II") is the general partner of LGP Select II. Each of LGP Select II and LUGP Select II disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
7. (F7)Represents receipt of shares in the distribution in kind described in footnote (1).
8. (F8)Shares are held by LGP X. LUGP X is the general partner of LGP X. LUGP X disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein.
9. (F9)Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by LGP X to its limited partners without additional consideration.
10. (F10)Represents receipt of shares in the distribution in kind described in footnote (5).
11. (F11)Shares are held by LGP Select II. LUGP Select II is the general partner of LGP Select II. LUGP Select II disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein.
12. (F12)Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by LGP Select II to its limited partners without additional consideration.
13. (F13)Represents receipt of shares in the distributions in kind described in footnotes (9) and (12).
14. (F14)The shares held by Lightspeed Management Company, L.L.C.
15. (F15)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.27 to $25.53 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
16. (F16)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. Each of LGP Opportunity and LUGP Opportunity disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
17. (F17)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. Each of LGP Strategic and LUGP Strategic disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.
18. (F18)Shares are held by Lightspeed Venture Partners Select III, L.P. ("Lightspeed Select III"). Lightspeed General Partner Select III, L.P. ("LGP Select III") is the general partner of Lightspeed Select III. Lightspeed Ultimate General Partner Select III, Ltd. ("LUGP Select III") is the general partner of LGP Select III. Each of LGP Select III and LUGP Select III disclaims beneficial ownership of these shares except to the extent of its respective pecuniary interest therein.