ServiceTitan (NYSE: TTAN) CEO converts Class B, sells stock under plan

Rhea-AI Filing Summary

ServiceTitan, Inc. reported insider activity by Chief Executive Officer and director Ara Mahdessian. On January 14 and 15, 2026, 32,000 shares of Class B Common Stock were converted into 32,000 shares of Class A Common Stock on each day, including transactions carried out indirectly through the AMKE Trust dated February 1, 2019.

The filing shows multiple sales of Class A Common Stock on both days under a Rule 10b5-1 trading plan adopted on April 15, 2025, at weighted average prices of $98.50 and $92.49 per share across various price ranges. After these transactions, the report lists 4,344,021 Class B shares (convertible into Class A) held indirectly by the AMKE Trust and 3,283,644 Class B shares held directly, along with additional Class B holdings in several GRAT entities.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mahdessian Ara

(Last) (First) (Middle)

C/O SERVICETITAN

800 N. BRAND BLVD., SUITE 100

(Street)

GLENDALE CA 91203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/14/2026		C(1)		32,000	A	$0	32,000.5	D
Class A Common Stock	01/14/2026		S(2)		11,950	D	$98.5(3)	20,050.5	D
Class A Common Stock	01/14/2026		S(2)		1,339	D	$98.5(4)	18,711.5	D
Class A Common Stock	01/14/2026		S(2)		3,382	D	$98.5(5)	15,329.5	D
Class A Common Stock	01/14/2026		S(2)		13,672	D	$98.5(6)	1,657.5	D
Class A Common Stock	01/14/2026		S(2)		1,657	D	$98.5(7)	0.5	D
Class A Common Stock	01/15/2026		C(1)		32,000	A	$0	32,000.5	D
Class A Common Stock	01/15/2026		S(2)		9,057	D	$92.49(8)	22,943.5	D
Class A Common Stock	01/15/2026		S(2)		5,525	D	$92.49(9)	17,418.5	D
Class A Common Stock	01/15/2026		S(2)		4,319	D	$92.49(10)	13,099.5	D
Class A Common Stock	01/15/2026		S(2)		2,436	D	$92.49(11)	10,663.5	D
Class A Common Stock	01/15/2026		S(2)		3,878	D	$92.49(12)	6,785.5	D
Class A Common Stock	01/15/2026		S(2)		6,304	D	$92.49(13)	481.5	D
Class A Common Stock	01/15/2026		S(2)		481	D	$92.49(14)	0.5	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(15)	01/14/2026		C(1)			32,000	(15)	(15)	Class A Common Stock	32,000	$0	4,376,021	I	By the AMKE Trust dated February 1, 2019
Class B Common Stock	(15)	01/15/2026		C(1)			32,000	(15)	(15)	Class A Common Stock	32,000	$0	4,344,021	I	By the AMKE Trust dated February 1, 2019
Class B Common Stock	(15)							(15)	(15)	Class A Common Stock	3,283,644		3,283,644	D
Class B Common Stock	(15)							(15)	(15)	Class A Common Stock	429,035		429,035	I	By AM 2024 GRAT
Class B Common Stock	(15)							(15)	(15)	Class A Common Stock	185,366		185,366	I	By AM 2025 GRAT
Class B Common Stock	(15)							(15)	(15)	Class A Common Stock	429,035		429,035	I	By KE 2024 GRAT
Class B Common Stock	(15)							(15)	(15)	Class A Common Stock	185,366		185,366	I	By KE 2025 GRAT

Explanation of Responses:

1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.27 to $97.26. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.27 to $98.26. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.27 to $99.26. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.27 to $100.26. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.27 to $100.96. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.79 to $90.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.79 to $91.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.79 to $92.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.79 to $93.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.79 to $94.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.79 to $95.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.79 to $96.10. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.

15. The Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers, or upon the occurrence of certain specified events, in each case as set forth in the Issuer's Amended and Restated Certificate of Incorporation.

	/s/ Olive Huang, Attorney-in-Fact	01/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transactions did ServiceTitan (TTAN) report in this Form 4?

The report shows that Ara Mahdessian, ServiceTitan's Chief Executive Officer and director, converted Class B Common Stock into Class A Common Stock on January 14 and 15, 2026, and sold portions of the resulting Class A shares in multiple market transactions on both days.

How many ServiceTitan Class B shares were converted into Class A in this filing?

The filing reports that 32,000 shares of Class B Common Stock were converted into 32,000 shares of Class A Common Stock on January 14, 2026, and another 32,000 Class B shares were converted into 32,000 Class A shares on January 15, 2026.

At what prices were ServiceTitan (TTAN) shares sold by the reporting person?

The Class A Common Stock sales on January 14, 2026 were executed at a weighted average price of $98.50 per share, and the sales on January 15, 2026 were executed at a weighted average price of $92.49 per share, each across specified price ranges detailed in the footnotes.

Were the ServiceTitan insider sales under a Rule 10b5-1 trading plan?

Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025, which is a pre-arranged plan for trading equity securities.

How many ServiceTitan Class B shares does the AMKE Trust hold after these transactions?

After the reported transactions on January 15, 2026, the filing lists 4,344,021 shares of Class B Common Stock, convertible into an equal number of Class A shares, held indirectly by the AMKE Trust dated February 1, 2019.

What Class B holdings directly and indirectly associated with the ServiceTitan CEO are reported?

The report shows 3,283,644 Class B shares held directly, plus indirect Class B holdings of 4,344,021 shares via the AMKE Trust and additional Class B positions held indirectly through several GRAT entities identified as AM 2024 GRAT, AM 2025 GRAT, KE 2024 GRAT, and KE 2025 GRAT.

What is the relationship between ServiceTitan’s Class B and Class A Common Stock?

The footnotes explain that each share of Class B Common Stock is convertible into an equal number of Class A Common Stock at any time at the holder's election, and that Class B shares also convert automatically into Class A upon certain transfers or specified events as described in the company’s Amended and Restated Certificate of Incorporation.