Nolf Aurelien Pierre Leon 4
4 · Navan, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Navan (NAVN) CFO Aurelien Nolf Receives 1.89M Share Awards
What Happened Aurelien Nolf (Navan, Inc. — Chief Financial Officer) received awards totaling 1,886,436 shares in early March 2026. The filing lists: 778,967 restricted stock units (RSUs) granted on 2026-03-02, 97,370 RSUs granted on 2026-03-03, and a derivative award covering 1,010,099 shares (stock option/derivative) granted on 2026-03-02. All items show an acquisition price of $0.00 (awards/grants, not open‑market purchases).
Key Details
- Transaction dates: 2026-03-02 (778,967 RSUs and 1,010,099 derivative) and 2026-03-03 (97,370 RSUs). Form 4 filed 2026-03-12.
- Prices/values: All reported at $0.00 — these are grants/awards, not cash purchases or sales.
- Shares granted total: 1,886,436.
- Shares owned after transaction: Not specified in the provided filing details.
- Vesting/footnotes:
- Some RSUs vest over time (25% at first anniversary, then quarterly installments — F1).
- A separate RSU grant vests 100% on the first anniversary (F2).
- The derivative/option award vests 25% after one year, then monthly over three years (F3).
- Filing timeliness: Transactions occurred 2026-03-02/03 and the Form 4 was filed 2026-03-12 — Form 4s are generally due within two business days of the transaction, so this appears later than typical.
Context These entries are awards/vesting-linked grants (RSUs and an option/derivative) subject to service-based vesting schedules — not immediate purchases or sales. For retail investors, grants indicate compensation alignment with the company but do not by themselves signal buying or selling in the market.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-02+778,967→ 778,967 total - Award
Class A Common Stock
[F2]2026-03-03+97,370→ 876,337 total - Award
Stock Option (Right to Buy)
[F3]2026-03-02+1,010,099→ 1,010,099 totalExercise: $9.97Exp: 2036-03-01→ Class A Common Stock (1,010,099 underlying)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Issuer's Class A Common Stock. The RSUs are subject to a time-based service condition. The time-based service condition will be satisfied with respect to 25% of the total number of such RSUs on the first anniversary of the vesting commencement date, and an additional 1/16th of the total number of such RSUs vest every quarter thereafter, subject to Reporting Person's continued service through each applicable vesting date.
- [F2]Represents RSUs, each of which represents a contingent right to receive one share of Issuer's Class A Common Stock. The RSUs are subject to a time-based service condition. The time-based service condition will be satisfied with respect to 100% of the total number of such RSUs on the first anniversary of the vesting commencement date, subject to Reporting Person's continued service through such vesting date.
- [F3]The stock option vests with respect to 25% of the shares subject to the stock option on the first anniversary of the vesting commencement date, and the remaining 75% of the shares subject to the stock option vest in equal monthly installments over the following three years, subject to Reporting Person's continued service through each applicable vesting date.