[144] ServiceTitan, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for ServiceTitan, Inc. (TTAN) indicates a proposed sale of 85,332 shares of common stock through Goldman Sachs & Co. LLC on 08/20/2025, with an aggregate market value of $8,750,796.60. The shares were acquired as Founders Shares on 06/11/2007 and payment was recorded as None. The filing also discloses recent sales by AMKE Trust dated 2/1/19: two sales on 07/16/2025 (10,674 shares for $1,188,553.10 and 32,000 shares for $3,541,488.00) and two sales on 07/17/2025 (10,666 shares for $1,205,909.69 and 32,000 shares for $3,594,240.00). The filer attests they are not aware of undisclosed material adverse information.
Positive
- Use of a reputable broker: Sale is routed through Goldman Sachs & Co. LLC, providing standard execution and disclosure channels.
- Clear provenance of shares: The shares to be sold are labeled as Founders Shares acquired on 06/11/2007.
- Detailed recent sale history disclosed: Four July 2025 transactions by AMKE Trust are reported with share counts and gross proceeds, enhancing transparency.
Negative
- None.
Insights
TL;DR: Notice reports an insider sale of 85,332 shares via a major broker, with multiple recent July 2025 dispositions disclosed.
The filing is a standard Rule 144 notice showing proposed sale logistics: class (Common Stock), broker (Goldman Sachs), sale date (08/20/2025), and aggregate market value ($8,750,796.60). It confirms the shares were originally acquired as founders shares on 06/11/2007. The document also lists four recent transactions by AMKE Trust in July 2025 with specified share counts and gross proceeds. For investors, this filing provides transparent transaction history and timing but contains no forward-looking guidance or commentary on company operations.
TL;DR: Filing provides required insider-sale disclosures and the seller's certification about material nonpublic information.
The Form 144 includes the seller's representation that they are unaware of undisclosed material adverse information, and it documents origin of the shares (founders shares from 06/11/2007). It also lists a named broker and recent trust sales, meeting standard disclosure practices for Rule 144 transactions. The filing does not include any governance actions, amendments, or additional corporate disclosures beyond the sale notice.