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[144] ServiceTitan, Inc. SEC Filing

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

ServiceTitan, Inc. (TTAN) Form 144 notice discloses a proposed sale of 32,892 shares of common stock through Goldman Sachs & Co. LLC with an aggregate market value of $3,550,691.40, scheduled approximately for 09/23/2025 on NASD. The filing lists two prior acquisitions underlying the holdings: 2,966 shares acquired as restricted stock units on 09/15/2025 and 29,926 founders shares acquired on 06/11/2007. It also discloses two recent sales by Vahe Kuzoyan of 24,598 and 24,582 shares on 08/04/2025 and 08/05/2025 generating gross proceeds of $2,815,425.79 and $2,753,712.34, respectively. The filer attests there is no undisclosed material adverse information.

Positive
  • Planned sale disclosed with broker and exchange, specifying Goldman Sachs & Co. LLC and NASD
  • Acquisition history provided, distinguishing recently vested RSUs from founders shares
  • Recent sales fully reported with dates and gross proceeds for transparency
Negative
  • Insider has recently sold a substantial number of shares (49,180 shares in August), which may increase perceived supply
  • No 10b5-1 plan adoption date stated, so planned sale lacks explicit trading-plan timing in the filing

Insights

TL;DR: Insider sales and a planned sizable disposition may increase stock supply; transaction sizes are material relative to the single-trade values disclosed.

The filing documents a proposed sale of 32,892 shares valued at about $3.55 million and two recent August sales totaling 49,180 shares with combined gross proceeds of about $5.57 million. From a market-impact perspective, these are meaningful individual sell transactions for a single issuer disclosure and may reflect personal liquidity or portfolio rebalancing. The breakdown of acquisition dates shows both long-held founders shares and recently vested RSUs, indicating mixed holding vintages and typical insider selling mechanics. No forward guidance or additional corporate actions are disclosed.

TL;DR: Form 144 is properly used to notify a proposed Rule 144 sale; required attestations are present but trading-plan details are not provided.

The notice cites the representation that the seller does not possess undisclosed material information and references Rule 10b5-1 only as an option for plan adoption, but it does not state a 10b5-1 plan adoption date. Acquisition details and prior recent sales are disclosed, supporting traceability for compliance. Absent explicit mention of a 10b5-1 plan or blackout considerations, reviewers should rely solely on the stated attestation; no regulatory violations or inconsistencies are evident within this document.

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

What quantity of ServiceTitan (TTAN) stock is planned for sale under this Form 144?

The notice discloses a proposed sale of 32,892 shares of common stock.

What is the aggregate market value of the shares proposed to be sold?

The filing lists an aggregate market value of $3,550,691.40 for the proposed sale.

Who executed recent sales and how many shares were sold in the past three months?

The filing shows Vahe Kuzoyan sold 24,598 shares on 08/04/2025 and 24,582 shares on 08/05/2025, totaling 49,180 shares.

What types of shares were the holdings acquired as?

Holdings include 2,966 shares from restricted stock units acquired 09/15/2025 and 29,926 founders shares acquired 06/11/2007.

Which broker is handling the proposed sale and on which exchange?

The proposed sale names Goldman Sachs & Co. LLC as broker and NASD as the exchange.
Servicetitan

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