[144] ServiceTitan, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice from a holder of ServiceTitan, Inc. (TTAN) common stock proposing a Rule 144 sale. The filer plans to sell 5,951 shares of Class A Common on NASDAQ through Merrill Lynch, Pierce, Fenner & Smith Incorporated, with an aggregate market value of $708,288 and an approximate sale date of 09/09/2025. The filer acquired these shares on 03/15/2015 in a private placement from the company and paid in cash. The filing reports no securities sold by the filer in the past three months and includes the required representation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small Rule 144 sale disclosed: 5,951 shares, $708k value, acquired in 2015 private placement; appears routine.
The filing shows a single proposed sale under Rule 144 executed through Merrill Lynch with an expected trade date. The shares were originally acquired in a private placement and paid for in cash, which aligns with a typical post-hold liquidity event for an early investor or insider transferring restricted stock. No recent sales in the prior three months are reported, and the filer affirms no undisclosed material adverse information. Based solely on the disclosed figures, this is a routine resale notice rather than an indication of company-wide financial change.
TL;DR: Disclosure meets Rule 144 requirements; the representation about material information is included.
The form contains the essential elements required by Rule 144: identification of class, broker, share count, market value, acquisition date and nature, and statement regarding material nonpublic information. The origin of the shares as a private placement and cash payment are documented. The filing does not include any remarks suggesting governance issues or undisclosed events. From a compliance perspective, the notice appears complete for the proposed transaction described.