ServiceTitan director-linked funds sell Class A shares
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Rhea-AI Filing Summary
ServiceTitan, Inc. director and 10% owner Byron B. Deeter reported that Bessemer venture funds with which he is associated sold Class A Common Stock on July 10 and 13, 2026 at weighted average prices of $78.18 and $80.17 per share, in multiple trades within price ranges of $77.64–$78.53 and $79.87–$80.38.
Deeter has only an indirect, passive economic interest in these fund holdings and disclaims beneficial ownership beyond any pecuniary interest. He also reports 4,937 Class A shares held directly, including RSU awards vesting in 2026 and 2027 that he has agreed to assign to Deer Management Co. LLC.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F3, F2, F7 | 0 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2, F7 | 0 | $0.00 | $0.00 |
| Holding | Class A Common Stock F4, F5, F6 | -- | -- | -- |
Footnotes (7)
- F1. On July 10, 2026, 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 10,807 shares, 12,997 shares and 581 shares of Class A Common Stock of the Issuer, respectively. These shares were sold at a weighted average price of $78.18. These shares were sold in multiple transactions at prices ranging from $77.64 to $78.53. The reporting person undertakes to provide to 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 within the ranges set forth in this footnote.
- F2. 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.
- F3. On July 13, 2026, BVP VIII, BVP VIII Inst and 15 Angels sold 43,675 shares, 52,526 shares and 2,346 shares of Class A Common Stock of the Issuer, respectively. These shares were sold at a weighted average price of $80.17. These shares were sold in multiple transactions at prices ranging from $79.87 to $80.38. The reporting person undertakes to provide to 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 within the ranges set forth in this footnote.
- F4. Includes an award of 3,046 restricted stock units ("RSUs") granted pursuant to the Issuer's non-employee director compensation program. The RSUs will vest in full on September 15, 2027, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F5. Includes an award of 1,891 RSUs granted pursuant to the Issuer's non-employee director compensation program. The RSUs will vest in full on September 15, 2026, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock
- F6. The Reporting Person has agreed to assign to Deer Management Co. LLC ("DMC") the right to any RSUs or Class A Common Stock issuable pursuant to these grants or any proceeds from the sale thereof.
- F7. After the July 10 and July 13 trades, BVP VIII, BVP VIII Inst and 15 Angels, own 1,837,497 shares, 2,209,845 shares, and 98,615 shares of Class A Common Stock, respectively.
Key Figures
Key Terms
restricted stock units financial
weighted average price financial
beneficial ownership regulatory
pecuniary interest financial
non-employee director compensation program financial
FAQ
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What insider stock sales did ServiceTitan (TTAN) report for Byron B. Deeter?
What are the Bessemer Funds’ remaining ServiceTitan (TTAN) holdings after these trades?
What direct ServiceTitan (TTAN) holdings and RSUs does Byron Deeter report?
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