STOCK TITAN

ServiceTitan insider plans 6,025-share tax sale

Ara Mahdessian filed a Rule 144 notice to sell 6,025 ServiceTitan Class A shares tied to RSU vesting and tax withholding, alongside earlier disclosed sales in mid-2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ServiceTitan, Inc. (TTAN) received a notice under Rule 144 that Ara Mahdessian intends to sell Class A Common Stock. The filing lists 6,025 shares to be sold on September 15, 2026 in connection with the settlement of vested Restricted Stock Units, described as a mandatory “sell to cover” for tax withholding rather than a discretionary trade. Morgan Stanley Smith Barney LLC is named as the broker. The notice also reports Mahdessian’s prior open-market sales of Class A shares over the past three months, with multiple transactions in June, July, and August 2026.

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Shares to be sold under Rule 144 6,025 shares Class A Common Stock related to settlement of vested RSUs on September 15, 2026
Shares sold on July 7, 2026 51,947 shares Class A Common Stock sold by Ara Mahdessian during the past three months
Proceeds on July 7, 2026 sale $4,206,668.06 Value received for 51,947 Class A shares sold on July 7, 2026
Shares sold on August 3, 2026 49,766 shares Class A Common Stock sold by Ara Mahdessian on August 3, 2026
Proceeds on August 3, 2026 sale $4,217,668.50 Value received for 49,766 Class A shares sold on August 3, 2026
Shares sold on August 4, 2026 38,287 shares Class A Common Stock sold by Ara Mahdessian on August 4, 2026
Proceeds on August 4, 2026 sale $3,250,183.43 Value received for 38,287 Class A shares sold on August 4, 2026
Shares sold on June 17, 2026 3,028 shares Class A Common Stock sold by Ara Mahdessian on June 17, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Settlement of Vested Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
mandatory sell to cover financial
"made to satisfy tax withholding obligations through a mandatory sell to cover transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does ServiceTitan (TTAN) disclose in this Rule 144 notice?

The notice states that Ara Mahdessian plans to sell 6,025 Class A shares of ServiceTitan, Inc. on September 15, 2026, tied to the settlement of vested Restricted Stock Units, and that the sale is a mandatory tax-withholding “sell to cover,” not a discretionary trade.

How many ServiceTitan (TTAN) shares are proposed to be sold under this filing?

The filing lists a proposed sale of 6,025 shares of ServiceTitan Class A Common Stock, related to the settlement of vested RSUs on September 15, 2026, with the purpose of satisfying tax withholding obligations through a mandatory sell-to-cover transaction.

Who is the seller named in ServiceTitan (TTAN)’s Rule 144 notice and what is the broker?

The person for whose account the securities are to be sold is Ara Mahdessian. The broker identified in the filing is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, New York, New York, handling the Class A Common Stock transaction.

What prior ServiceTitan (TTAN) stock sales by Ara Mahdessian are disclosed?

The notice reports prior Class A Common Stock sales by Ara Mahdessian of 51,947 shares on July 7, 2026, 49,766 shares on August 3, 2026, 38,287 shares on August 4, 2026, and 3,028 shares on June 17, 2026, each with corresponding dollar amounts received.

Is the planned ServiceTitan (TTAN) share sale a discretionary trade by Ara Mahdessian?

No. The remarks state the proposed sale is to satisfy tax withholding obligations via a mandatory sell to cover transaction related to RSU vesting and “does not represent a discretionary trade by the Reporting Person.”

On which market is the ServiceTitan (TTAN) stock referenced in the filing traded?

The filing identifies the Class A Common Stock as traded on NASDAQ. The broker for the proposed Rule 144 sale is Morgan Stanley Smith Barney LLC, and the securities class is described specifically as ServiceTitan, Inc. Class A Common Stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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