Bessemer funds sell ServiceTitan, Inc. (TTAN) shares around $78–$80
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Deeter Byron B
Role
Director, 10% Owner
Sold
0 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 0 | $0.00 | -- |
| Sale | Class A Common Stock | 0 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, See Footnotes);
Class A Common Stock — 4,937 shares (Direct)
Footnotes (1)
- 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. 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. 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. 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. 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 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. 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
July 10 weighted avg sale price: $78.18 per share
July 10 price range: $77.64–$78.53 per share
July 13 weighted avg sale price: $80.17 per share
+5 more
8 metrics
July 10 weighted avg sale price
$78.18 per share
Weighted average price for Bessemer Funds’ Class A sales on July 10, 2026
July 10 price range
$77.64–$78.53 per share
Price range for the July 10, 2026 Class A sales
July 13 weighted avg sale price
$80.17 per share
Weighted average price for Bessemer Funds’ Class A sales on July 13, 2026
July 13 price range
$79.87–$80.38 per share
Price range for the July 13, 2026 Class A sales
BVP VIII holdings after trades
1,837,497 shares
Post-trade Class A holdings of BVP VIII following July 10 and 13, 2026 sales
BVP VIII Inst holdings after trades
2,209,845 shares
Post-trade Class A holdings of BVP VIII Institutional L.P.
15 Angels holdings after trades
98,615 shares
Post-trade Class A holdings of 15 Angels II LLC
Byron Deeter direct holdings
4,937 shares
Direct Class A holdings reported, including RSUs vesting in 2026 and 2027
Key Terms
restricted stock units, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock units financial
"Includes an award of 3,046 restricted stock units ("RSUs") granted pursuant"
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.
weighted average price financial
"These shares were sold at a weighted average price of $78.18"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of the securities held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest, if any, in such securities"
non-employee director compensation program financial
"RSUs granted pursuant to the Issuer's non-employee director compensation program"
FAQ
What insider stock sales did ServiceTitan (TTAN) report for Byron B. Deeter?
ServiceTitan reported that Bessemer venture funds associated with director Byron B. Deeter 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 transactions within disclosed price ranges.
What are the Bessemer Funds’ remaining ServiceTitan (TTAN) holdings after these trades?
After the July 10 and 13, 2026 trades, BVP VIII holds 1,837,497 ServiceTitan Class A shares, BVP VIII Institutional holds 2,209,845 shares, and 15 Angels holds 98,615 shares. Byron Deeter has an indirect, passive economic interest and disclaims beneficial ownership beyond any pecuniary interest.
What direct ServiceTitan (TTAN) holdings and RSUs does Byron Deeter report?
Byron Deeter reports 4,937 ServiceTitan Class A shares held directly, including RSU awards of 3,046 units vesting on September 15, 2027 and 1,891 units vesting on September 15, 2026. He has agreed to assign the rights and sale proceeds from these RSUs to Deer Management Co. LLC.