TTAN insider files Form 144 to sell 1,190 Class A shares valued $137,743
Rhea-AI Filing Summary
ServiceTitan, Inc. (TTAN) notice filed under Rule 144 reports a proposed sale of 1,190 Class A common shares through Merrill Lynch on 09/16/2025 with an aggregate market value of $137,742.50. The filing states these shares were originally acquired in a private placement on 03/15/2015 from the issuer, with payment completed in cash on 12/31/2015. The company shows 79,717,700 shares outstanding, so the sale represents approximately 0.0015% of outstanding common shares. No other sales in the past three months are reported.
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Insights
TL;DR Routine Rule 144 sale of a small block of shares acquired in a 2015 private placement; immaterial to capitalization.
The filing documents a proposed sale of 1,190 Class A shares valued at $137,742.50 executed via Merrill Lynch on NASDAQ. Given total shares outstanding of 79,717,700, the sale is approximately 0.0015% of the register, indicating no meaningful dilution or market impact. The acquisition history and cash payment in 2015 are disclosed, and there are no reported sales in the preceding three months, consistent with a routine insider or affiliate disposition under Rule 144.
TL;DR Filing meets Rule 144 disclosure elements; no material adverse compliance issues visible from the notice.
The notice includes required details: filer/issuer linkage, broker name and address, class, share count, market value, acquisition date and nature, and payment details. The signer represents no undisclosed material adverse information. There are no indications of accelerated selling or aggregated sales in the last three months. From a compliance standpoint, the document appears complete for a single, small-volume Rule 144 sale.