ServiceTitan (TTAN) CFO awarded 105,200 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sherry David reported acquisition or exercise transactions in this Form 4 filing.
ServiceTitan, Inc. reported that Chief Financial Officer Sherry David received an equity grant of 105,200 shares of Class A Common Stock in the form of restricted stock units. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than a market purchase.
According to the disclosure, these RSUs will vest quarterly in equal installments of 1/16th of the total award, with the first vesting date on September 15, 2026, contingent on her continued service. Following this grant, David directly holds 418,225.25 shares of ServiceTitan Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sherry David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 105,200 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 418,225.25 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 105,200 shares
Grant price: $0.00 per share
Post-transaction holdings: 418,225.25 shares
+2 more
5 metrics
RSU grant size
105,200 shares
Restricted stock units awarded to CFO Sherry David
Grant price
$0.00 per share
Recorded transaction price for RSU award
Post-transaction holdings
418,225.25 shares
CFO’s direct Class A Common Stock after grant
Vesting fraction
1/16th quarterly
Portion of RSUs vesting each quarter
First vesting date
September 15, 2026
Initial vesting of RSUs, subject to continued service
Key Terms
restricted stock units ("RSUs"), vest quarterly, contingent right, Class A Common Stock
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that will vest quarterly"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest quarterly financial
"will vest quarterly as to 1/16th of the total RSUs"
contingent right financial
"Each RSU represents a contingent right to receive one share"
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did ServiceTitan (TTAN) report for CFO Sherry David?
ServiceTitan reported that CFO Sherry David received an award of 105,200 restricted stock units of Class A Common Stock. These RSUs are part of her equity compensation and were granted at an effective price of $0.00 per share under the company’s plans.
How do the new restricted stock units for ServiceTitan (TTAN) CFO vest?
The 105,200 RSUs granted to ServiceTitan’s CFO vest quarterly, with 1/16th of the total units vesting each quarter. The first vesting date is September 15, 2026, and continued service with the company is required for each vesting event.
Was the ServiceTitan (TTAN) CFO’s equity grant a market purchase or a compensation award?
The transaction is categorized as a grant, award, or other acquisition with a per-share price of $0.00. This indicates it is a compensation-related restricted stock unit award, not an open-market purchase, and reflects equity-based executive compensation rather than a cash investment.
What does each RSU granted to the ServiceTitan (TTAN) CFO represent?
Each RSU granted to the CFO represents a contingent right to receive one share of ServiceTitan’s Class A Common Stock. Shares are only delivered as the RSUs vest over time, subject to her continued service through each specified vesting date.