Companies Navan, Inc.
Navan (NAVN): executive pay, fiscal 2026
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CEO pay, last three years
- $1,630,623FY2025
- $18,228,646FY2026
CEO total pay was $18,228,646 in fiscal 2026, up from $1,630,623 in fiscal 2025.
FY2026: salary $1,002,308 · bonus $0 · stock awards $0 · option awards $16,866,338
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| 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.
Three-year trend — total compensation per named executive
| 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.
Incentive-plan design — the Compensation Discussion & Analysis
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia, Inc. |
| Clawback policy | — |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2026
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Anne Giviskos | RSU | 20,032 | — | $229,967 |
| Anne Giviskos | Option | 53,078 | 23.31 | — |
| Anne Giviskos | RSU | 62,500 | — | 717,500 |
| Ariel Cohen | Option | 168,484 | 16.26 | — |
| Ilan Twig | Option | 190,735 | 22.62 | — |
| Ilan Twig | RSU | 234,889 | — | 2,696,526 |
| Ilan Twig | Option | 286,104 | 22.62 | — |
| Ilan Twig | RSU | 352,333 | — | 4,044,783 |
| Ariel Cohen | Option | 531,732 | 16.26 | — |
| Amy Butte | RSU | 596,320 | — | 6,845,754 |
| Amy Butte | Option | 657,259 | 25 | — |
| Ariel Cohen | Option | 937,832 | 22.62 | — |
| Ariel Cohen | RSU | 1,154,925 | — | 13,258,539 |
Director compensation
| 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 |
| Ariel CohenEmployee director · Board Chair | — | — | — | — | — | 0 |
| Arif JanmohamedIndependent · Nominating and Corporate Governance | 0 | 0 | — | — | — | 0 |
| Ilan TwigEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| 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 | — |
Total cost of the board
| 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.
Peer group, and who names Navan as a peer
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.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Navan, Inc. | 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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (17 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Amy Butte. DEF 14A, filed 2026-05-12. Section “Executive Compensation”. As printed: 22,670,421. View filing ↗
- Section 01, Ariel Cohen. DEF 14A, filed 2026-05-12. Section “Executive Compensation”. As printed: 18,228,646. View filing ↗
- Section 01, Ilan Twig. DEF 14A, filed 2026-05-12. Section “Executive Compensation”. As printed: 9,590,152. View filing ↗
- Section 01, Anne Giviskos. DEF 14A, filed 2026-05-12. Section “Executive Compensation”. As printed: 1,673,553. View filing ↗
- Section 08, Shai Weiss. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 450,508. View filing ↗
- Section 08, Ben Horowitz. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 19,375. View filing ↗
- Section 08, Michael Kourey. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 18,083. View filing ↗
- Section 08, Clara Liang. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 12,917. View filing ↗
- Section 08, Anré Williams. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 12,142. View filing ↗
- Section 08, Sandesh Patnam. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 11,625. View filing ↗
- Section 08, Oren Zeev. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 11,625. View filing ↗
- Section 08, Ariel Cohen. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Arif Janmohamed. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Ilan Twig. DEF 14A, filed 2026-05-12. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 86,267 + equity 450,008 + all other 0 = 536,275, summed across the director compensation table rows.
- Navan, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-05-12. CEO total compensation as printed in Navan, Inc.'s own proxy. As printed: 18,228,646. View filing ↗