TTAN CEO converts Class B and sells 64,000 Class A shares
Rhea-AI Filing Summary
ServiceTitan (TTAN) CEO and director reported Rule 10b5-1 plan sales following conversions of Class B to Class A. On 10/13/2025, the AMKE Trust converted 32,000 Class B shares to Class A and sold 32,000 Class A at a weighted average price of $97.85 across multiple trades. On 10/14/2025, the trust converted another 32,000 Class B to Class A and sold 32,000 Class A at a weighted average price of $96.03.
Footnotes state each day’s sales were executed in multiple transactions within disclosed price ranges. Following these transactions, the reporting person indirectly beneficially owned 4,619,017 shares of Class B common stock via the AMKE Trust, which are convertible into an equal number of Class A shares.
Positive
- None.
Negative
- None.
Insights
CEO trust converted and sold shares via a pre-set 10b5-1 plan; routine, neutral signal.
The CEO, through the **AMKE Trust**, converted **Class B** into **Class A** and sold those **Class A** shares on
All sales were under a **Rule 10b5-1 plan** adopted on
Following the conversions, the number of derivative securities (Class B) beneficially owned indirectly by the trust decreased from **4,651,017** after the first day’s activity to **4,619,017** after the second. Additional indirect holdings are shown across GRAT vehicles with stated Class A equivalents. Items to watch: any further scheduled 10b5-1 sales and remaining Class B balance changes in subsequent filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 32,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,000 | $0.00 | -- |
| Sale | Class A Common Stock | 2,283 | $96.03 | $219K |
| Sale | Class A Common Stock | 6,348 | $96.03 | $610K |
| Sale | Class A Common Stock | 12,149 | $96.03 | $1.17M |
| Sale | Class A Common Stock | 11,220 | $96.03 | $1.08M |
| Conversion | Class B Common Stock | 32,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,000 | $0.00 | -- |
| Sale | Class A Common Stock | 10,448 | $97.85 | $1.02M |
| Sale | Class A Common Stock | 10,284 | $97.85 | $1.01M |
| Sale | Class A Common Stock | 11,176 | $97.85 | $1.09M |
| Sale | Class A Common Stock | 92 | $97.85 | $9K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.34 to $97.33. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.34 to $98.33. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.34 to $99.33. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.34 to $99.56. 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 within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.57 to $94.56. 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 within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.57 to $95.56. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.57 to $96.56. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.57 to $97.51. 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 within the range set forth in this footnote. 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.
