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[144] ServiceTitan, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

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.

Positive
  • None.
Negative
  • 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

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares of TTAN stock is 15 Angels II LLC planning to sell?

According to the Form 144 filing, 15 Angels II LLC is planning to sell 2,811 shares of TTAN Class A Common stock through Merrill Lynch, with an aggregate market value of $299,540.16.

What is the total value of TTAN shares sold by 15 Angels II LLC in the past 3 months?

In the past 3 months, 15 Angels II LLC has sold three batches of TTAN shares: 11,902 shares on 06/10/2025 ($1,214,004), 299 shares on 06/25/2025 ($31,523.57), and 2,975 shares on 06/26/2025 ($314,948.44), totaling approximately $1.56 million in gross proceeds.

When did 15 Angels II LLC originally acquire the TTAN shares being sold?

According to the filing, 15 Angels II LLC acquired the 2,811 shares through a Private Placement transaction with the company on March 15, 2015, with payment made in cash on the same date.

What is 15 Angels II LLC's relationship to TTAN?

The Form 144 filing indicates that 15 Angels II LLC is a 10% Stockholder of ServiceTitan, Inc. (TTAN).

How many total shares of TTAN Class A Common stock are outstanding?

According to the Form 144 filing, ServiceTitan, Inc. (TTAN) has 77,266,756 shares of Class A Common stock outstanding.
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