[144] ServiceTitan, Inc. SEC Filing
ServiceTitan insider 15 Angels II LLC, a 10% stockholder, has filed Form 144 indicating intent to sell 2,811 shares of Class A Common stock through Merrill Lynch, with an aggregate market value of $299,540.16. The sale is planned for June 27, 2025, on NASDAQ.
The shares were originally acquired through private placement on March 15, 2015. The filing reveals significant recent selling activity by affiliated entities in the past 3 months:
- Bessemer Venture Partners VIII entities and 15 Angels II LLC conducted multiple sales in June 2025
- Major transactions occurred on June 10, totaling over $50 million in gross proceeds
- Additional sales were executed on June 25-26, with combined proceeds exceeding $14 million
The seller has certified no knowledge of undisclosed material adverse information regarding ServiceTitan's operations. Total shares outstanding: 77,266,756.
- None.
- Significant insider selling pattern: Multiple related entities (Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P., and 15 Angels II LLC) have sold substantial amounts totaling over $65 million in the past month
- 10% stockholder 15 Angels II LLC continues liquidating position with another planned sale of shares, indicating potential lack of confidence from major shareholders