STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

TTAN CEO converts Class B and sells 64,000 Class A shares

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4

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 10/13/2025 and 10/14/2025. Each day, **32,000** Class B shares converted to Class A at $0 and the trust sold exactly **32,000** Class A shares that day, leaving no residual Class A in the trust post-trades.

All sales were under a **Rule 10b5-1 plan** adopted on April 15, 2025. On 10/13/2025, weighted average sale prices ranged from $96.34 to $99.56 across tranches noted in footnotes (3)-(6). On 10/14/2025, ranges were $93.57 to $97.51 per footnotes (7)-(10). Footnote (11) confirms Class B converts one-for-one into Class A and may auto-convert on transfers per the certificate of incorporation.

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mahdessian Ara

(Last) (First) (Middle)
C/O SERVICETITAN
800 N. BRAND BLVD., SUITE 100

(Street)
GLENDALE CA 91203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/13/2025 C(1) 32,000 A $0 32,000 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/13/2025 S(2) 10,448 D $97.85(3) 21,552 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/13/2025 S(2) 10,284 D $97.85(4) 11,268 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/13/2025 S(2) 11,176 D $97.85(5) 92 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/13/2025 S(2) 92 D $97.85(6) 0 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/14/2025 C(1) 32,000 A $0 32,000 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/14/2025 S(2) 2,283 D $96.03(7) 29,717 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/14/2025 S(2) 6,348 D $96.03(8) 23,369 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/14/2025 S(2) 12,149 D $96.03(9) 11,220 I By the AMKE Trust dated February 1, 2019
Class A Common Stock 10/14/2025 S(2) 11,220 D $96.03(10) 0 I By the AMKE Trust dated February 1, 2019
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (11) 10/13/2025 C(1) 32,000 (11) (11) Class A Common Stock 32,000 $0 4,651,017 I By the AMKE Trust dated February 1, 2019
Class B Common Stock (11) 10/14/2025 C(1) 32,000 (11) (11) Class A Common Stock 32,000 $0 4,619,017 I By the AMKE Trust dated February 1, 2019
Class B Common Stock (11) (11) (11) Class A Common Stock 3,286,683 3,286,683 D
Class B Common Stock (11) (11) (11) Class A Common Stock 429,035 429,035 I By AM 2024 GRAT
Class B Common Stock (11) (11) (11) Class A Common Stock 185,366 185,366 I By AM 2025 GRAT
Class B Common Stock (11) (11) (11) Class A Common Stock 429,035 429,035 I By KE 2024 GRAT
Class B Common Stock (11) (11) (11) Class A Common Stock 185,366 185,366 I By KE 2025 GRAT
Explanation of Responses:
1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
/s/ Olive Huang, Attorney-in-Fact 10/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ServiceTitan (TTAN)’s CEO report on Form 4?

Conversions of Class B to Class A and sales of those Class A shares by the AMKE Trust under a Rule 10b5-1 plan.

How many shares were sold by the AMKE Trust?

32,000 Class A shares on 10/13/2025 and 32,000 on 10/14/2025, totaling 64,000.

At what prices were the TTAN shares sold?

Weighted average prices of $97.85 on 10/13/2025 and $96.03 on 10/14/2025, across multiple trades within stated ranges.

Were these trades under a Rule 10b5-1 plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025.

What is the CEO’s remaining indirect beneficial ownership?

After the reported transactions, 4,619,017 shares of Class B common stock via the AMKE Trust.

Can Class B shares be converted to Class A?

Yes. Each Class B share is convertible into one Class A share at any time at the holder’s election, subject to the issuer’s charter terms.
Servicetitan

NASDAQ:TTAN

TTAN Rankings

TTAN Latest News

TTAN Latest SEC Filings

TTAN Stock Data

8.37B
74.69M
12.49%
84.13%
1.78%
Software - Application
Services-prepackaged Software
Link
United States
GLENDALE