ServiceTitan, Inc. (TTAN) CEO offloads 88,053 shares via 10b5-1 plan
Rhea-AI Filing Summary
Ara Mahdessian, CEO of ServiceTitan, Inc., reported that the AMKE Trust converted 88053 shares of Class B Common Stock into Class A Common Stock on August 3–4, 2026, then sold 88053 Class A shares in multiple transactions at weighted-average prices reported as $84.75 and $84.89 per share, within disclosed price ranges from $81.91 to $87.91, under a Rule 10b5-1 trading plan adopted January 15, 2026. Mahdessian continues to hold Class B Common Stock convertible 1:1 into Class A, including 3278327.0000 underlying Class A shares directly and additional amounts through various GRATs and irrevocable trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
23 txns
Insider
Mahdessian Ara
Role
Chief Executive Officer
Sold
88,053 shs ($7.47M)
Approx. gross sale proceeds
$7.47M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F13, F1 | 38,287 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 38,287 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F8 | 245 | $84.89 | $21K |
| Sale | Class A Common Stock F2, F9 | 3,445 | $84.89 | $292K |
| Sale | Class A Common Stock F2, F10 | 17,167 | $84.89 | $1.46M |
| Sale | Class A Common Stock F2, F11 | 11,902 | $84.89 | $1.01M |
| Sale | Class A Common Stock F2, F12 | 5,528 | $84.89 | $469K |
| Conversion | Class B Common Stock F13, F1 | 49,766 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 49,766 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 15,459 | $84.75 | $1.31M |
| Sale | Class A Common Stock F2, F4 | 26,473 | $84.75 | $2.24M |
| Sale | Class A Common Stock F2, F5 | 2,950 | $84.75 | $250K |
| Sale | Class A Common Stock F2, F6 | 3,271 | $84.75 | $277K |
| Sale | Class A Common Stock F2, F7 | 1,613 | $84.75 | $137K |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class B Common Stock F13 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 4,204,021 shares (Indirect, By the AMKE Trust dated February 1, 2019);
Class A Common Stock — 0 shares (Indirect, By the AMKE Trust dated February 1, 2019);
Class B Common Stock — 3,278,327 shares (Direct);
Class B Common Stock — 341,906 shares (Indirect, AM 2026 GRAT);
Class B Common Stock — 87,128 shares (Indirect, AM Irrevocable Nonexempt Trust);
Class B Common Stock — 185,366 shares (Indirect, By AM 2025 GRAT);
Class B Common Stock — 185,366 shares (Indirect, By KE 2025 GRAT);
Class B Common Stock — 1 shares (Indirect, By Spouse);
Class B Common Stock — 341,906 shares (Indirect, KE 2026 GRAT);
Class B Common Stock — 87,128 shares (Indirect, KE Irrevocable Nonexempt Trust);
Class A Common Stock — 1.75 shares (Direct)
Footnotes (13)
- F1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the AMKE Trust dated February 1, 2019.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.35 to $84.34. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.35 to $85.34. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.35 to $86.34. 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.35 to $87.34. 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.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.35 to $87.91. 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.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.91 to $82.90. 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.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.91 to $83.90. 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.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.91 to $84.90. 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.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.91 to $85.90. 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.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.91 to $86.33. 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.
- F13. 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.
Key Figures
Shares converted from Class B to Class A: 88053 shares
Net shares sold: 88053 shares
Weighted-average sale price 3 Aug 2026: $84.7500 per share
+5 more
8 metrics
Shares converted from Class B to Class A
88053 shares
Total Class B shares converted into Class A on August 3–4, 2026
Net shares sold
88053 shares
Net shares disposed of in reported Class A Common Stock sales
Weighted-average sale price 3 Aug 2026
$84.7500 per share
Column 4 price for certain Class A sales on August 3, 2026 (footnotes F3–F7)
Weighted-average sale price 4 Aug 2026
$84.8900 per share
Column 4 price for certain Class A sales on August 4, 2026 (footnotes F8–F12)
Lowest disclosed sale price
$81.91
Bottom of the price range in footnote F8 for August 4, 2026 sales
Highest disclosed sale price
$87.91
Top of the price range in footnote F7 for August 3, 2026 sales
Direct Class B holdings (underlying)
3278327.0000 underlying shares
Underlying Class A shares represented by directly held Class B Common Stock
10b5-1 plan adoption date
January 15, 2026
Date the Rule 10b5-1 trading plan governing the reported sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, Amended and Restated Certificate of Incorporation
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
Class B Common Stock financial
"Represents the conversion of Class B Common Stock into Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Amended and Restated Certificate of Incorporation regulatory
"as set forth in the Issuer's Amended and Restated Certificate of Incorporation."
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ServiceTitan (TTAN) report for CEO Ara Mahdessian?
ServiceTitan CEO Ara Mahdessian, through the AMKE Trust dated February 1, 2019, converted 88053 Class B shares into Class A and then sold 88053 Class A Common shares on August 3–4, 2026 in multiple transactions at weighted-average prices in the low-to-mid $80s.
Were the ServiceTitan (TTAN) insider sales made under a Rule 10b5-1 trading plan?
Yes. Footnote F2 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2026. The Form 4 trading-plan checkbox is also marked, indicating the reported sale transactions followed a pre-arranged plan rather than discretionary same-day decisions.
What stock conversions between Class B and Class A did ServiceTitan (TTAN) disclose?
The filing reports conversions of Class B into Class A Common Stock totaling 88053 shares, in two blocks of 49766.0000 and 38287.0000 shares. Footnote F13 explains each Class B share is convertible into one Class A share at any time at the holder’s election.
What ongoing ServiceTitan (TTAN) holdings does Ara Mahdessian report after these trades?
Mahdessian reports continued holdings of Class B Common Stock convertible into Class A, including 3278327.0000 underlying Class A shares held directly. Additional Class B positions are held indirectly through several GRATs, irrevocable trusts, and by his spouse, each reflecting separate underlying Class A share amounts.
How are the ServiceTitan (TTAN) insider sales structured across entities?
The sales and conversions were reported as indirect transactions by the AMKE Trust dated February 1, 2019, not personal direct trades by Mahdessian. Other reported holdings are through distinct GRATs and irrevocable trusts, each with its own Class B positions convertible into Class A shares.