[144] ServiceTitan, Inc. SEC Filing
Rhea-AI Filing Summary
ServiceTitan, Inc. reported a Form 144 notice showing a proposed sale of 88,638 Class A common shares on 09/17/2025 through Merrill Lynch (San Francisco). The filing lists an aggregate market value of $10,392,805.50 and total shares outstanding of 79,717,700, and shows the shares were originally acquired on 03/15/2015 in a private placement from the issuer with payment in cash. The filer reports no securities sold in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and contains the required signature and attestation language.
Positive
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Negative
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Insights
TL;DR Routine Form 144 filing for an officer/affiliate sale; transaction size appears modest relative to outstanding shares.
The filing documents a proposed sale of 88,638 Class A shares valued at $10.39 million, acquired in a 2015 private placement and to be sold via Merrill Lynch on 09/17/2025. There were no reported dispositions in the prior three months, which suggests this is a discrete planned sale rather than part of frequent trading activity. The transaction is transparent in nature and includes the standard representation regarding material nonpublic information. From a market-impact perspective, the shares represent a very small fraction of the 79.7 million shares outstanding, implying limited dilution or market-moving risk from this single notice.
TL;DR Disclosure aligns with Rule 144 requirements; the filing provides necessary provenance and attestation details.
The form specifies acquisition in a private placement and lists payment and acquisition dates, satisfying Rule 144 provenance disclosures. The seller attests to lack of undisclosed material adverse information and indicates no recent sales aggregated in the prior three months. The presence of a broker and explicit sale date supports orderly execution under Rule 144. This filing represents routine insider/affiliate liquidity consistent with regulatory expectations and does not, on its face, raise governance red flags.