ServiceTitan VC holders plan new $6.8M stock sale, extending 3-month disposals

Rhea-AI Filing Summary

ServiceTitan, Inc. (symbol: TTAN) – Form 144 Notice of Proposed Sale

The filing discloses that venture-capital affiliates led by Bessemer Venture Partners plan to sell 62,961 Class A common shares through Merrill Lynch on or about 27 June 2025. Based on the broker-quoted market price, the proposed transaction is valued at $6.77 million. The company’s total shares outstanding are 77.27 million, so the indicated sale represents roughly 0.08 % of the float.

The same group has already disposed of shares in the last three months, totalling 637,543 shares for aggregate gross proceeds of $63.6 million. After including the new Form 144 amount, cumulative recent sales will reach about 700,500 shares, or 0.91 % of outstanding stock. All shares reported were originally acquired by private purchase on 20 March 2015.

No adverse, non-public information is acknowledged in the notice, and no insider is reported to have used non-cash consideration. The filing is procedural in nature, signaling intent rather than a completed trade, but it confirms ongoing monetisation by early investors. No operational or earnings metrics are provided in the document.

Positive

• None.

Negative

• Early investors intend to sell an additional 62,961 shares, extending recent disposals totalling 637,543 shares, which could create a modest stock overhang.

Insights

Securities Analyst

TL;DR: VC holder files to sell 62.9k shares; size minor, sentiment slightly negative given continued disposals.

The Form 144 signals another planned sale by Bessemer-affiliated funds, following 637k shares already sold this quarter. At <0.1 % of shares outstanding, the transaction is too small to change supply/demand dynamics materially, but adds to a pattern of steady VC distribution post-IPO that can weigh on sentiment. No information on company fundamentals accompanies the filing, limiting direct valuation impact. I classify the event as not impactful for intrinsic value, but it may create modest short-term overhang.

Corporate Governance Expert

TL;DR: Routine Rule 144 filing; confirms insiders possess no undisclosed adverse info; governance risk unchanged.

Form 144 compliance shows insiders attest they are unaware of non-public material negatives. The disclosure meets SEC requirements and reflects orderly trading through a major broker. While repetitive sales can raise questions about confidence, the volume remains well within safe-harbor limits. There is no indication of governance breaches or control changes. Overall, the notice is neutral from a governance standpoint.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Merrill Lynch, Pierce, Fenner & Smith Incorporated 555 California Street, 18th Floor San Francisco CA 94104	62961	6765187.34	77266756	06/27/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	03/20/2015	Private purchase	Company			62961	03/20/2015	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Bessemer Venture Partners VIII L.P. 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/10/2025	221596	22602792.00
Bessemer Venture Partners VIII Institutional L.P. 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/10/2025	266502	27183204.00
15 Angels II LLC 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/10/2025	11902	1214004.00
Bessemer Venture Partners VIII L.P. 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/25/2025	5559	586085.37
Bessemer Venture Partners VIII Institutional L.P. 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/25/2025	6685	704799.55
15 Angels II LLC 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/25/2025	299	31523.57
Bessemer Venture Partners VIII L.P. 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/26/2025	55400	5864922.22
Bessemer Venture Partners VIII Institutional L.P. 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/26/2025	66625	7053257.09
15 Angels II LLC 1865 PALMER AVE STE 104 LARCHMONT NY 10538	Class A Common	06/26/2025	2975	314948.44

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many ServiceTitan (TTAN) shares are planned for sale in the June 27 2025 Form 144?

The filing covers 62,961 Class A common shares valued at approximately $6.77 million.

What percentage of ServiceTitan’s outstanding shares does the proposed sale represent?

About 0.08 % of the company’s 77.27 million shares outstanding.

Who is the primary seller disclosed in the Form 144 filing for TTAN?

Venture-capital affiliates of Bessemer Venture Partners are the primary selling entities.

How many ServiceTitan shares have these sellers disposed of in the last three months?

They have already sold 637,543 shares for gross proceeds of roughly $63.6 million.

Does the Form 144 filing provide any operational or earnings information about ServiceTitan?

No. The document strictly relates to a planned stock sale and includes no operational or earnings data.