AH Equity Partners V, L.L.C.'s Form 4 filing
Navan, Inc. (NAVN) · filed Dec 19, 2025
- Accession no.
- 0001231919-25-000650
- Filed
- Dec 19, 2025, 8:25 PM ET
- Trade date
- Dec 17-19, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions. Open-market purchases total $9.35M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| AH Equity Partners V, L.L.C.CIK 0001675226 | 10% Owner |
| AH Equity Partners V (Parallel), L.L.C.CIK 0001675230 | 10% Owner |
| Andreessen Horowitz Fund V-Q, L.P.CIK 0001675231 | 10% Owner |
| AH Parallel Fund V-A, L.P.CIK 0001675233 | 10% Owner |
| AH Parallel Fund V-B, L.P.CIK 0001675234 | 10% Owner |
| AH Parallel Fund V-Q, L.P.CIK 0001675235 | 10% Owner |
| Andreessen Horowitz Fund V, L.P.CIK 0001675239 | 10% Owner |
| AH Parallel Fund V, L.P.CIK 0001675240 | 10% Owner |
| Andreessen Horowitz Fund V-A, L.P.CIK 0001675241 | 10% Owner |
| Andreessen Horowitz Fund V-B, L.P.CIK 0001675242 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 17, 2025 | Class A Common Stock | PPurchaseAcquired | +347,600 | $12.65F1 | +$4,397,140 | 5,922,151 | Indirect | Duplicate filing |
| Dec 18, 2025 | Class A Common Stock | PPurchaseAcquired | +103,960 | $13.61F3 | +$1,414,895.6 | 6,026,111 | Indirect | Duplicate filing |
| Dec 19, 2025 | Class A Common Stock | PPurchaseAcquired | +240,835 | $14.70F4 | +$3,540,274.5 | 6,266,946 | Indirect | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.48 to $12.90 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 purchased at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.93 to $13.90 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 purchased at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.44 to $15.00 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 purchased at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
Remarks
This Form 4 is the third of three Forms 4 filed relating to the same event. Combined, the three reports report the holdings for the following Reporting Persons: Andreessen Horowitz LSV Fund I, L.P., Andreessen Horowitz LSV Fund I-B, L.P., Andreessen Horowitz LSV Fund I-Q, L.P., AH Equity Partners LSV I, L.L.C., Andreessen Horowitz LSV Fund II, L.P., Andreessen Horowitz LSV Fund II-B, L.P., Andreessen Horowitz LSV Fund II-Q, L.P., AH Equity Partners LSV II, L.L.C., Andreessen Horowitz LSV Fund III, L.P., Andreessen Horowitz LSV Fund III-B, L.P., AH Equity Partners LSV III, L.L.C., AH 2022 Annual Fund, L.P., AH 2022 Annual Fund-B, L.P., AH 2022 Annual Fund-QC, L.P., AH Equity Partners 2022 Annual Fund, L.L.C., Andreessen Horowitz Fund V, L.P., Andreessen Horowitz Fund V-A, L.P., Andreessen Horowitz Fund V-B, L.P., Andreessen Horowitz Fund V-Q, L.P., CLF Partners, LP, AH Equity Partners V, L.L.C., AH Parallel Fund V, L.P., AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., AH Parallel Fund V-Q, L.P., AH Equity Partners V (Parallel), L.L.C. and Marc Andreessen. This Form 4 has been split into three filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.