CEO Ariel Cohen was paid $18,228,646 in fiscal year 2026, ↑ up 1017.9% from fiscal year 2025 (SEC filing 0001628280-26-034089 ↗): 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 Officer — highest-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 |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| 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 Cohen | 1,002,308 | 0 | 0 | 16,866,338 | 360,000 | 0 | 0 | 18,228,646 |
| Chief Executive Officer and Director | ||||||||
| Ilan Twig | 744,457 | 0 | 0 | 8,575,695 | 270,000 | 0 | 0 | 9,590,152 |
| Chief Technology Officer and Director | ||||||||
| Anne Giviskos | 500,000 | 350,000 | 0 | 770,240 | 0 | 0 | 53,313 | 1,673,553 |
| 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.
| Named executive officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Amy Butte | $22,670,421 | — | — | — |
| Ariel Cohen | 18,228,646 | 1,630,623 | — | ↑ +16,598,023 |
| Ilan Twig | 9,590,152 | 1,460,600 | — | ↑ +8,129,552 |
| Anne Giviskos | 1,673,553 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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This is the complete answer, not a partial one — the list is never padded.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2026 total |
|---|---|---|
| Anré Williams | Independent Director | $12,142 |
| Arif Janmohamed | Independent Director | — |
| Ben Horowitz | Lead Independent Director | $19,375 |
| Michael Kourey | Independent Director | $18,083 |
| Oren Zeev | Independent Director | $11,625 |
| Sandesh Patnam | Independent Director | $11,625 |
| Shai Weiss | Independent Director | $450,508 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Ariel Cohen | Option | 937,832 | 22.62 | — |
| Ilan Twig | Option | 190,735 | 22.62 | — |
| Anne Giviskos | RSU | 62,500 | — | 717,500 |
| Ilan Twig | RSU | 352,333 | — | 4,044,783 |
| Ariel Cohen | RSU | 1,154,925 | — | 13,258,539 |
| Amy Butte | RSU | 596,320 | — | 6,845,754 |
| Ilan Twig | RSU | 234,889 | — | 2,696,526 |
| Anne Giviskos | RSU | 20,032 | — | 229,967 |
| Ariel Cohen | Option | 531,732 | 16.26 | — |
| Ariel Cohen | Option | 168,484 | 16.26 | — |
| Ilan Twig | Option | 286,104 | 22.62 | — |
| Anne Giviskos | Option | 53,078 | 23.31 | — |
| Amy Butte | Option | 657,259 | 25 | — |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia, Inc. |
| Clawback policy | — |
| Anti-hedging | true |
| Anti-pledging | true |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Shai WeissIndependent · Audit | $500 | $450,008 | — | — | — | $450,508 |
| Ben HorowitzIndependent · Lead Independent Director · Compensation (Chair) | 19,375 | 0 | — | — | — | 19,375 |
| Michael KoureyIndependent · Compensation · Audit (Chair) | 18,083 | 0 | — | — | — | 18,083 |
| Clara LiangIndependent · Compensation · Nominating and Corporate Governance | 12,917 | 0 | — | — | — | 12,917 |
| Anré WilliamsIndependent · Nominating and Corporate Governance (Chair) | 12,142 | 0 | — | — | — | 12,142 |
| Sandesh PatnamIndependent · Audit | 11,625 | 0 | — | — | — | 11,625 |
| Oren ZeevIndependent · Audit | 11,625 | 0 | — | — | — | 11,625 |
| Arif JanmohamedIndependent · Nominating and Corporate Governance | 0 | 0 | — | — | — | 0 |
| Ilan TwigEmployee director | — | — | — | — | — | 0 |
| Ariel CohenEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $35,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 12,000 |
| Stock ownership guideline | — |
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $86,267 |
| Equity awards (grant-date value) | $450,008 |
| All other compensation | $0 |
| Total cost of the board | $536,275 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Navan | 2026 | Ariel 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.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Amy Butte | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Executive Compensation”. As printed: 22,670,421. Filing ↗machine: r9 · c24 · span 308780–308790 |
| 2 | Section 01, Ariel Cohen | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Executive Compensation”. As printed: 18,228,646. Filing ↗machine: r3 · c24 · span 293731–293741 |
| 3 | Section 01, Ilan Twig | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Executive Compensation”. As printed: 9,590,152. Filing ↗machine: r5 · c24 · span 299350–299359 |
| 4 | Section 01, Anne Giviskos | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Executive Compensation”. As printed: 1,673,553. Filing ↗machine: r7 · c24 · span 305113–305122 |
| 5 | Section 08, Shai Weiss | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 450,508. Filing ↗machine: span 461042–461278 |
| 6 | Section 08, Ben Horowitz | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 19,375. Filing ↗machine: span 453402–453527 |
| 7 | Section 08, Michael Kourey | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 18,083. Filing ↗machine: span 457609–457734 |
| 8 | Section 08, Clara Liang | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 12,917. Filing ↗machine: span 456273–456398 |
| 9 | Section 08, Anré Williams | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 12,142. Filing ↗machine: span 461814–461939 |
| 10 | Section 08, Sandesh Patnam | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 11,625. Filing ↗machine: span 458945–459070 |
| 11 | Section 08, Oren Zeev | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 11,625. Filing ↗machine: span 463209–463334 |
| 12 | Section 08, Arif Janmohamed | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 08, Ilan Twig | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Ariel Cohen | DEF 14A | 2026-05-12 | 0001628280-26-034089 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 16 | Section 09b board cost (computed) | Computed | — | — | Cash 86,267 + equity 450,008 + all other 0 = 536,275, summed across the director compensation table rows.machine: formula: Σ = 536,275 |
| 17 | Navan (subject), Section 10b CEO total | DEF 14A | 2026-05-12 | 0001628280-26-034089 | CEO total compensation as printed in Navan's own proxy. As printed: 18,228,646. Filing ↗machine: r3 · c24 · span 293731–293741 |