Bessemer Ventures Reduces ServiceTitan Stake in Major Insider Sale

Rhea-AI Filing Summary

ServiceTitan Director and 10% Owner Byron B. Deeter reported significant dispositions of Class A Common Stock through affiliated Bessemer Venture Partners entities. The transactions occurred over two days:

• June 25, 2025: Bessemer funds collectively sold 12,543 shares: - BVP VIII: 5,559 shares - BVP VIII Institutional: 6,685 shares - 15 Angels II: 299 shares
• June 26, 2025: Larger disposition totaling 125,000 shares: - BVP VIII: 55,400 shares - BVP VIII Institutional: 66,625 shares - 15 Angels II: 2,975 shares

Deeter maintains an indirect interest through his partnership in Deer VIII & Co. L.P., the general partner of the Bessemer Funds. He retains 1,891 shares of Class A Common Stock from equity grants, though rights to these shares are assigned to Deer Management Co, LLC.

Positive

• None.

Negative

• Significant insider sale: Bessemer Venture Partners funds (10% owner) sold total of 137,543 shares across two days, indicating potential reduction in institutional confidence

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
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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).

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^*

Deeter Byron B

(Last) (First) (Middle)

C/O BESSEMER VENTURE PARTNERS

1865 PALMER AVENUE, SUITE 104

(Street)

LARCHMONT NY 10538

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

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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	06/25/2025		S		0(1)	D	$0(1)	0	I	See footnote(3)
Class A Common Stock	06/26/2025		S		0(2)	D	$0(2)	0	I	See footnote(3)
Class A Common Stock								1,891	I	See footnote(4)

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

Explanation of Responses:

1. On June 25, 2025, Bessemer Venture Partners VIII L.P. ("BVP VIII"), Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst") and 15 Angels II LLC ("15 Angels" and together with BVP VIII and BVP VIII Inst, the "Bessemer Funds") sold 5,559 shares, 6,685 shares and 299 shares of Class A Common Stock of the Issuer, respectively.

2. On June 26, 2025, BVP VIII, BVP VIII Inst and 15 Angels II sold 55,400 shares, 66,625 shares and 2,975 shares of Class A Common Stock of the Issuer, respectively.

3. The Reporting Person is a partner at Bessemer Venture Partners and has an indirect, passive economic interest in the shares held by the Bessemer Funds by virtue of his interest in (1) Deer VIII & Co. L.P., the general partner of the Bessemer Funds and (2) certain other indirect limited partnership interests in certain of the Bessemer Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Bessemer Funds, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect interest in the Bessemer Funds. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.

4. Consists of Class A Common Stock received by the Reporting Person related to equity grants issued by the Issuer. The Reporting Person has agreed to assign to Deer Management Co, LLC the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof.

	/s/ Augie Wilkinson, Attorney-in-Fact	06/27/2025
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

How many shares of TTAN stock did Bessemer Funds sell on June 26, 2025?

On June 26, 2025, Bessemer Funds sold a total of 125,000 shares, broken down as: BVP VIII sold 55,400 shares, BVP VIII Institutional sold 66,625 shares, and 15 Angels II sold 2,975 shares of TTAN Class A Common Stock.

Who is Byron Deeter and what is his relationship to TTAN?

Byron Deeter serves as both a Director and 10% Owner of ServiceTitan (TTAN). He is a partner at Bessemer Venture Partners and has an indirect, passive economic interest in shares held by the Bessemer Funds through his interest in Deer VIII & Co. L.P., the general partner of the Bessemer Funds.

What was the total TTAN stock sale by Bessemer Funds over June 25-26, 2025?

Over the two days, Bessemer Funds sold a total of 137,543 shares. This included: June 25 sales of 12,543 shares (5,559 by BVP VIII, 6,685 by BVP VIII Inst, and 299 by 15 Angels) and June 26 sales of 125,000 shares (55,400 by BVP VIII, 66,625 by BVP VIII Inst, and 2,975 by 15 Angels).

How many shares of TTAN does Byron Deeter personally own after these transactions?

According to the filing, Byron Deeter personally owns 1,891 shares of TTAN Class A Common Stock following these transactions, which were received through equity grants from the issuer. However, he has agreed to assign to Deer Management Co, LLC the right to any shares issuable pursuant to this grant or proceeds from their sale.