[144] ServiceTitan, Inc. SEC Filing
ServiceTitan, Inc. (TTAN) filed a Form 144 notice for the proposed sale of 221,596 shares of Class A Common stock through Merrill Lynch, Pierce, Fenner & Smith Incorporated in San Francisco. The filing reports an aggregate market value of $25,259,728.04 and lists the number of shares outstanding as 77,266,756. The approximate date of sale is 09/08/2025. The shares were acquired on 03/20/2015 in a private purchase from the company, paid in cash, and there were no securities sold by the selling person in the past three months according to the notice.
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Insights
TL;DR: Insider proposes a sizable single transaction but the filing is a routine Rule 144 notice, not a corporate disclosure of results.
The Form 144 documents a proposed sale of 221,596 Class A shares with an aggregate market value of $25.26 million using Merrill Lynch as broker, planned for September 8, 2025. The shares were originally acquired in a private purchase on March 20, 2015, and paid for in cash. The filer reports no sales in the prior three months. This is a regulatory disclosure of an intended resale under Rule 144 rather than an operational or financial update from the company.
TL;DR: The filing is a compliance disclosure by a person selling company shares; it does not itself indicate corporate governance changes.
The notice fulfills the requirement to disclose a proposed sale of restricted or control securities. It identifies the broker, the acquisition date and method (private purchase from the company on March 20, 2015), and affirms the seller knows of no undisclosed material adverse information. There is no indication in the filing of any change in company management, board composition, or corporate policies.