STOCK TITAN

Major VC Firm Bessemer Reduces ServiceTitan Stake in Series of Stock Sales

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

ServiceTitan has reported a Form 144/A filing indicating proposed sales of securities by major stockholder Bessemer Venture Partners VIII L.P., a 10% stakeholder. The filing details the planned sale of 5,559 shares of Class A Common stock with an aggregate market value of $588,920.46 through Merrill Lynch, scheduled for June 25, 2025 on the Nasdaq exchange.

Recent trading activity shows significant sales by related entities in the past 3 months:

  • Bessemer Venture Partners VIII L.P.: 221,596 shares ($22.6M)
  • Bessemer Venture Partners VIII Institutional L.P.: 266,502 shares ($27.2M)
  • 15 Angels II LLC: 11,902 shares ($1.2M)

The securities were originally acquired through private purchase from the company on March 20, 2015. The total outstanding shares are 77,266,756. The seller has certified no knowledge of undisclosed material adverse information regarding ServiceTitan's operations.

Positive

  • None.

Negative

  • Major shareholder Bessemer Venture Partners and related entities sold approximately 500,000 shares worth over $51 million in the past 3 months, indicating significant insider selling pressure

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

FAQ

How many shares of TTAN stock is Bessemer Venture Partners VIII L.P. planning to sell?

According to the Form 144/A filing, Bessemer Venture Partners VIII L.P. is planning to sell 5,559 shares of TTAN Class A Common stock through Merrill Lynch, with an aggregate market value of $588,920.46.

When did Bessemer Venture Partners acquire their TTAN shares being sold?

The filing shows that Bessemer Venture Partners acquired these 5,559 shares on March 20, 2015 through a private purchase from the company, with payment made in cash on the same date.

What recent TTAN stock sales has Bessemer Venture Partners made in the past 3 months?

On June 10, 2025, Bessemer Venture Partners VIII L.P. sold 221,596 shares for $22,602,792.00, Bessemer Venture Partners VIII Institutional L.P. sold 266,502 shares for $27,183,204.00, and 15 Angels II LLC sold 11,902 shares for $1,214,004.00.

What is TTAN's total number of shares outstanding according to the Form 144/A?

According to the filing, ServiceTitan, Inc. (TTAN) has 77,266,756 shares outstanding.

What is Bessemer Venture Partners' relationship to TTAN?

The filing indicates that Bessemer Venture Partners VIII L.P. is a 10% Stockholder of ServiceTitan, Inc. (TTAN).
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