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[144] ServiceTitan, Inc. SEC Filing

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

Form 144 notice for ServiceTitan, Inc. (TTAN) reports a proposed sale of 22,160 shares of Class A Common stock through Merrill Lynch on 09/16/2025, with an aggregate market value of $2,565,020. The filing lists 79,717,700 shares outstanding for the class. The shares to be sold were acquired on 03/15/2015 in a private placement from the issuer, with payment noted as cash dated 12/30/2009. No securities sales by the same person are reported in the past three months. The filing includes the standard representation that the seller is not aware of undisclosed material adverse information and warns about penalties for false statements.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: A non-material insider sale notice: 22,160 shares ($2.56M) notified for planned sale; appears routine rather than company-moving.

The Form 144 discloses a proposed sale of 22,160 Class A shares via a broker, with an aggregate market value of $2,565,020 against 79,717,700 shares outstanding. The shares were acquired in a private placement in 2015. Given the small size relative to the total outstanding shares and absence of other recent sales, this filing is a routine notice under Rule 144 rather than an event likely to materially affect valuation. The filing contains standard legal representations and no indication of undisclosed material adverse information.

TL;DR: Compliance disclosure completed; no governance red flags or material change disclosed in this Form 144.

The notice documents compliance with Rule 144 procedures by providing acquisition history and planned broker execution. The seller affirms no undisclosed material information. There are no stated related-party transactions, unusually large block sales, or deviations from required disclosures. From a governance perspective, the form appears to satisfy regulatory notice requirements without signaling immediate governance concerns.

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 does the Form 144 for TTAN disclose about the proposed sale?

The Form 144 discloses a proposed sale of 22,160 Class A Common shares through Merrill Lynch on 09/16/2025, with an aggregate market value of $2,565,020.

How large is the proposed sale relative to TTAN's outstanding shares?

The filing reports 79,717,700 Class A shares outstanding; the proposed sale of 22,160 shares represents a very small fraction of that total.

When and how were the shares being sold originally acquired?

The shares were acquired on 03/15/2015 in a private placement from the issuer; payment is recorded as cash with a date of 12/30/2009.

Does the Form 144 report any other sales in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Does the filing indicate any undisclosed material information about ServiceTitan?

The seller represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed; the filing contains this standard representation.
Servicetitan

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8.55B
74.10M
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84.13%
1.78%
Software - Application
Services-prepackaged Software
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United States
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