Ariel M. Cohen

CEO Cohen sells 41,530 shares of NAVN at $21.06; well-timed within same-ticker pattern as stock traded higher post-sale

CEO and Chairperson Ariel M. Cohen sold 41,530 shares (41.5K shares) on 2026-06-22 at $21.06, reducing holdings from 1,296,261 to 1,254,731 shares, a 3.2% decrease. His prior 5 trades at NAVN show 4 of 5 were well-timed at the 90-day horizon, with his most recent same-ticker sale on 2026-03-20 followed by 30d +74.7% and 90d +154.1% price appreciation—indicating the stock rose after the sale. This current sale at $21.06 occurs with the stock at a $21.28 current price (7.0% higher over 30 days), and the company remains fundamentally challenged with a reported net income of $-225.4M against $194.9M quarterly revenue. The concentration of well-timed exits at this ticker suggests the insider may be managing exposure around volatility inflection points, though the unprofitable near-term fundamentals warrant ongoing scrutiny of insider positioning relative to near-term results.

Cohen (CEO) sells 151,007 shares at $8.62; stock -58.0% from 52-week high, -46.3% in 90 days

Cohen Ariel M., Chairperson and CEO, sold 151,007 shares of Navan, Inc. (NAVN) at $8.62 on 2026-03-20, reducing his holdings from 1,154,925 shares to 1,003,918 shares (a 13.1% reduction). The sale occurs as the stock trades at $8.51, down 58.0% from its 52-week high of $20.28 and down 46.3% over the past 90 days. The company reported revenue of $194,934,000.00 in the latest quarter but a net loss of $-225,389,000.00, with a market cap of $389,612,232.21. His four prior sales at NAVN were all well-timed at the 90-day mark, with outcomes of -33.2% and -49.4%, establishing a pattern where he consistently sold before subsequent declines. The current sale follows the same pattern: it occurs in a severely depressed price environment following substantial recent losses, and his historical track record at this ticker suggests his prior exits preceded further deterioration.

NAVN CEO Cohen sells 924,332 shares for $23.1M at $25.00 on day 2 of public listing; zero holdings post-transaction

CEO Cohen Ariel M. executed 4 separate sales totaling 924,332 shares for $23,108,300.00 at $25.00 per share on October 31, 2025. The sales occurred just 2 trading days after Navan's recent listing, with the transaction price of $25.00 representing the opening/early trading window for the company. Notably, this transaction involved a derivative-conversion event; Cohen's actual position post-conversion lives in Form 4 Table II (derivative securities), which has not yet populated in the database, meaning the reported zero common shares does not represent his complete economic stake. The timing and structure—conversion combined with immediate liquidation of the converted equity—warrant scrutiny of the derivative instrument's terms and the relationship between conversion economics and current market pricing.