[144] ServiceTitan, Inc. SEC Filing
Form 144 notice by an insider of ServiceTitan, Inc. (TTAN) reports a proposed sale of 106,601 Class A common shares through Merrill Lynch with an aggregate market value of $12,498,967.20. The filing states there are 79,717,700 shares outstanding, and the approximate sale date is 09/17/2025 on NASDAQ. The shares were originally acquired in a private placement on 03/15/2015 from the issuer and paid for in cash. The filer reports no securities sold in the past three months and includes the standard representation that they are unaware of undisclosed material adverse information.
- None.
- None.
Insights
TL;DR: Insider plans to sell ~106.6k shares (~$12.5M) previously acquired in 2015; routine Rule 144 disclosure.
The Form 144 indicates a proposed open-market sale executed through Merrill Lynch of 106,601 Class A shares with an aggregate market value of $12,498,967.20 and an approximate trade date of 09/17/2025. The shares stem from a private placement acquired 03/15/2015 and were paid for in cash. No sales in the past three months are reported, which suggests this is a planned, permitted disposition under Rule 144 rather than an unsolicited liquidation. Relative to the total outstanding share count (79.7 million), the sale size is small (~0.13%), so immediate market impact is likely limited.
TL;DR: Filing appears compliant; disclosure and representation consistent with insider sale protocols.
The submission provides required details: broker, share class, number of shares, aggregate value, acquisition date and nature (private placement), and confirmation of no recent sales. The signer affirms lack of undisclosed material adverse information, and the form references Rule 10b5-1 trading plan language though no plan date is provided. Documentation aligns with standard governance practices for reporting proposed insider sales under Rule 144.