About this page
Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- Buy (P) and Sell (S)
- Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
- Value
- Shares times price, as reported on the filing.
- 10b5-1
- A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
- Late filing
- A Form 4 filed more than two business days after the trade.
- Vs. S&P 500
- How the stock did after the trade minus how the overall market did in the same weeks.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
Navan, Inc. (NAVN): Insider Trades and Fund Holdings
In the past 12 months, Navan, Inc. insiders reported no open-market purchases and 24 sales worth $166.2M; 2 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144), Congress trades and fund moves in the past year, newest first.
- Oct 9, 2026NewsCompany reported: Signed a material agreement
- Sep 21, 2026Insider saleCEO Ariel M. Cohen sold $1.1 million
- Sep 21, 2026Insider saleCTO Ilan Ezra Twig sold $766,719
- Sep 21, 2026Insider salePresident Michael Eric Sindicich sold $190,978
- Sep 21, 2026Planned saleAriel M. Cohen (officer, director) filed notice to sell about $1.1 million around Sep 21, 2026
- Sep 21, 2026Planned saleIlan Twig (officer, director) filed notice to sell about $769,814 around Sep 21, 2026
- Sep 21, 2026Planned saleMichael E. Sindicich (officer) filed notice to sell about $191,749 around Sep 21, 2026
- Sep 9, 2026NewsCompany reported: Quarterly or annual results
- Aug 27, 2026Insider saleCEO Ariel M. Cohen sold $11.9 million under a 10b5-1 plan
- Aug 27, 2026Planned saleARIEL COHEN (director, officer) filed notice to sell about $4.9 million around Aug 27, 2026
- Aug 27, 2026Planned saleTHE LIHI COHEN GST TRUST (director, officer) filed notice to sell about $2.2 million around Aug 27, 2026
- Aug 27, 2026Planned saleTHE SIVAN COHEN GST TRUST (director, officer) filed notice to sell about $2.2 million around Aug 27, 2026
- Aug 27, 2026Planned saleTHE SHAI COHEN GST TRUST (director, officer) filed notice to sell about $2.2 million around Aug 27, 2026
- Jul 8, 2026Insider sale10% owner Lightspeed Venture Partners X, L.P. sold $227,809
- Jul 8, 2026Insider sale10% owner Lightspeed Venture Partners Select Ii, L.P. sold $227,809
- Jul 1, 2026Insider sale10% owner Lightspeed Venture Partners X, L.P. sold $260,526
- Jul 1, 2026Insider sale10% owner Lightspeed Venture Partners Select Ii, L.P. sold $260,526
- Jun 30, 2026FundRenaissance Technologies cut 58% in Q2 2026 (13F filed Aug 13, 2026)
- Jun 22, 2026Insider saleCEO Ariel M. Cohen sold $874,821
- Jun 22, 2026Insider saleCTO Ilan Ezra Twig sold $520,816
- Jun 22, 2026Insider salePresident Michael Eric Sindicich sold $45,827
- Jun 17, 2026Insider sale10% owner Lightspeed Venture Partners X, L.P. sold $1.5 million
- Jun 17, 2026Insider sale10% owner Lightspeed Venture Partners Select Ii, L.P. sold $1.5 million
- Jun 17, 2026Insider saleDirector Arif Janmohamed sold $1.5 million
- Jun 16, 2026Insider sale10% owner Lightspeed Venture Partners X, L.P. sold $7.6 million
- Jun 16, 2026Insider sale10% owner Lightspeed Venture Partners Select Ii, L.P. sold $7.6 million
- Jun 16, 2026Insider saleDirector Arif Janmohamed sold $7.6 million
- Jun 15, 2026Insider sale10% owner Lightspeed Venture Partners X, L.P. sold $20.5 million
- Jun 15, 2026Insider sale10% owner Lightspeed Venture Partners Select Ii, L.P. sold $20.5 million
- Jun 15, 2026Insider saleDirector Arif Janmohamed sold $20.5 million
- Jun 12, 2026Insider sale10% owner Lightspeed Venture Partners X, L.P. sold $20.4 million
- Jun 12, 2026Insider sale10% owner Lightspeed Venture Partners Select Ii, L.P. sold $20.4 million
- Jun 12, 2026Insider saleDirector Arif Janmohamed sold $20.4 million
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Sep 23, 2026.
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 23 | Ariel M. CohenCEO | ▼ SELL | $1.08M |
| Sep 23 | Ilan Ezra TwigCTO | ▼ SELL | $767K |
| Sep 23 | Michael Eric SindicichPresident | ▼ SELL | $191K |
| Aug 31 | Ariel M. CohenCEO | ▼ SELL10b5-1 | $6.78M |
| Aug 31 | Ariel M. CohenCEO | ▼ SELL10b5-1 | $5.08M |
| Jul 9 | Lightspeed Venture Partners X, L.P.10% owner | ▼ SELL | $228K |
| Jul 9 | Lightspeed Venture Partners Select Ii, L.P.10% owner | ▼ SELL | $228K |
| Jul 2 | Lightspeed Venture Partners X, L.P.10% owner | ▼ SELL | $261K |
| Jul 2 | Lightspeed Venture Partners Select Ii, L.P.10% owner | ▼ SELL | $261K |
| Jun 23 | Ariel M. CohenCEO | ▼ SELL | $875K |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| Ariel M. Cohen | CEO | 0 | $0 | 4 | $13.8M |
| Ilan Ezra Twig | CTO | 0 | $0 | 2 | $1.29M |
| Michael Eric Sindicich | President | 0 | $0 | 2 | $237K |
| Lightspeed Venture Partners X, L.P. | 10% owner | 0 | $0 | 6 | $50.4M |
| Lightspeed Venture Partners Select Ii, L.P. | 10% owner | 0 | $0 | 6 | $50.4M |
| Arif Janmohamed | Director | 0 | $0 | 4 | $50.0M |
A All 24 insider trades reported on time. How it is graded
Tracked funds that report NAVN
From each fund's latest 13F. Holdings are as of quarter end and are filed up to 45 days later.
| Fund | Shares | Value | Change |
|---|---|---|---|
| Renaissance Technologies | 125,700 | $2.87M | ▼ −58.2% |
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →