[144] ServiceTitan, Inc. SEC Filing

Rhea-AI Filing Summary

ServiceTitan, Inc. (symbol: TTAN) has filed a Form 144 indicating the intended resale of 45,274 Class A common shares through broker Merrill Lynch on or about 07/10/2025 on the NASDAQ. The proposed sale has an aggregate market value of $4.98 million, representing roughly 0.06% of the 77.27 million shares outstanding. The shares were originally acquired via a private purchase on 03/20/2015 and there have been no sales by the filer in the past three months.

The filing is a routine notice required under Rule 144 of the Securities Act for affiliates or insiders wishing to resell restricted or control securities. It confirms that, as of signing, the filer attests to having no undisclosed material adverse information regarding the company.

While the dollar amount is non-trivial, the share volume is small relative to the public float and does not by itself signal a change in corporate fundamentals. Investors typically view Form 144 filings as informational; actual execution details (price, timing, completion) may differ from the notice.

Insights

Financial Analyst

TL;DR Small insider sale (~0.06% float) disclosed; informational, limited market impact.

The Form 144 reveals a contemplated disposition of 45,274 TTAN shares worth $5 million. Given 77.3 million shares outstanding, the stake is immaterial and unlikely to affect liquidity or control. The lack of other recent sales reduces the risk of a larger distribution overhang. Such filings generally precede or accompany 10b5-1 plan executions and do not automatically imply bearish sentiment—especially when sales follow a decade-old acquisition cost basis. Overall, I classify the disclosure as routine and neutral for valuation.

Corporate Governance Expert

TL;DR Routine Rule 144 filing; shows regulatory compliance, no red flags.

Rule 144 requires affiliates to notify the SEC when planning to sell restricted stock. The filer provides broker, share count, acquisition history, and certifies no undisclosed negative information. The absence of remarks or complex payment terms suggests straightforward execution. From a governance standpoint, transparent advance notice coupled with Merrill Lynch handling mitigates insider-trading concerns. The filing neither strengthens nor weakens the company’s governance profile; hence, impact is neutral.

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	45274	4979687.26	77266756	07/10/2025	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			45274	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

Nothing to Report

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 being sold under this Form 144?

45,274 Class A common shares are listed for potential sale.

What is the total market value of the shares covered by the Form 144?

The aggregate market value is approximately $4.98 million.

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

The proposed sale equals roughly 0.06% of the 77.27 million shares outstanding.

When is the approximate sale date for the TTAN shares?

The notice states an approximate sale date of 07/10/2025.

Which broker is handling the transaction under Rule 144?

Merrill Lynch, Pierce, Fenner & Smith Incorporated is listed as the executing broker.

Were any TTAN shares sold by the filer in the past three months?

No. The filing reports "Nothing to Report" for sales in the prior three-month period.