Kaveripatnam Sandesh bought NAVN
October 31, 2025 · Form 4 insider transaction
Kaveripatnam Sandesh bought 5,089,572 shares of Navan, Inc. at $21.25 per share, a transaction worth $108.15M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
5,089,572
Price
$21.25
Total value
$108.15M
InsiderKaveripatnam Sandesh
RoleDirector
CompanyNavan, Inc. (NAVN)
SecurityClass A Common Stock
Transaction codeC: Conversion of a derivative
Transaction dateOctober 31, 2025
Filing dateNovember 4, 2025
Shares owned after5,089,572
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein.