Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-05-12

Navan (NAVN)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$22,670,421
Amy Butte total, FY2026
Former Chief Financial Officerhighest-paid officer; CEO Ariel Cohen: $18,228,646
CEO (Ariel Cohen) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against NAVN
No companies currently name NAVN as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Amy Butte$600,000$0$4,338,228$12,966,303$200,000$0$4,565,890$22,670,421
Former Chief Financial Officer
Ariel Cohen1,002,3080016,866,338360,0000018,228,646
Chief Executive Officer and Director
Ilan Twig744,457008,575,695270,000009,590,152
Chief Technology Officer and Director
Anne Giviskos500,000350,0000770,2400053,3131,673,553
Former Interim Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
Amy Butte$22,670,421
Ariel Cohen18,228,646
Ilan Twig9,590,152
Anne Giviskos1,673,553

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Ariel CohenRSU1,154,925$13,258,539
Amy ButteRSU596,3206,845,754
Ilan TwigRSU352,3334,044,783
Ilan TwigRSU234,8892,696,526
Anne GiviskosRSU62,500717,500
Anne GiviskosRSU20,032229,967
Ariel CohenOption531,73216.26
Ariel CohenOption168,48416.26
Ariel CohenOption937,83222.62
Ilan TwigOption190,73522.62
Ilan TwigOption286,10422.62
Anne GiviskosOption53,07823.31
Amy ButteOption657,25925
05

Incentive-plan design — the Compensation Discussion & Analysis

Compensation is designed to provide appropriate incentives for executives to achieve defined performance goals and reward individual achievement.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
09

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$215,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 12,000
Stock ownership guideline
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Navan2026Ariel Cohen$1,002,308$0$16,866,338$360,000$18,228,646

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Amy ButteDEF 14A2026-05-120001628280-26-034089Section “Executive Compensation”. As printed: 22,670,421. Filing ↗machine: r9 · c24 · span 308780–308790
2Section 01, Ariel CohenDEF 14A2026-05-120001628280-26-034089Section “Executive Compensation”. As printed: 18,228,646. Filing ↗machine: r3 · c24 · span 293731–293741
3Section 01, Ilan TwigDEF 14A2026-05-120001628280-26-034089Section “Executive Compensation”. As printed: 9,590,152. Filing ↗machine: r5 · c24 · span 299350–299359
4Section 01, Anne GiviskosDEF 14A2026-05-120001628280-26-034089Section “Executive Compensation”. As printed: 1,673,553. Filing ↗machine: r7 · c24 · span 305113–305122
5Navan (subject), Section 10b CEO totalDEF 14A2026-05-120001628280-26-034089CEO total compensation as printed in Navan's own proxy. As printed: 18,228,646. Filing ↗machine: r3 · c24 · span 293731–293741