President Michael Eric Sindicich sold 51,169 shares of NAVN at $20.20 under pre-arranged 10b5-1 plan; stock +23.3% in 30 days post-sale.
Michael Eric Sindicich, President of Navan, Inc., executed a sale of 51,169 shares (51.2K shares) on 2026-05-28 under a pre-arranged 10b5-1 trading plan adopted 2026-01-05, reducing his holdings from 600,420 shares to 549,251 shares. The sale was scheduled rather than discretionary. In his prior trade at this ticker (2025-10-31), he sold shares that subsequently returned -49.4% over 90 days, though the timing of that sale cannot be characterized as this filing's execution is formulaic. The company reported a net income of -$225,389,000 ($-225.4M) for its most recent full fiscal year while generating $194,934,000 ($194.9M) in latest-quarter revenue, underscoring ongoing unprofitability despite +30.8% annual revenue growth (FY vs prior FY).