STOCK TITAN

ServiceTitan (TTAN) Bessemer-linked funds sell shares while retaining large stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ServiceTitan, Inc. reported insider-related sales of Class A Common Stock by Bessemer venture funds associated with director and 10% owner Byron B. Deeter. On June 26, 2026, Bessemer Venture Partners VIII L.P. sold 125,513 shares, Bessemer Venture Partners VIII Institutional L.P. sold 150,948 shares, and 15 Angels II LLC sold 6,742 shares at a weighted average price of $68.58.

On June 29, 2026, the same entities sold 49,014 shares, 58,946 shares, and 2,632 shares, respectively, at a weighted average price of $69.85. After these trades, they still hold 2,189,269; 2,632,904; and 117,512 shares. Deeter has an indirect, passive economic interest and disclaims beneficial ownership beyond his pecuniary interest. He also has 4,937 directly held shares and RSU awards of 3,046 and 1,891 units that will vest in 2027 and 2026, assigned to Deer Management Co. LLC.

Positive

  • None.

Negative

  • None.
Insider Deeter Byron B
Role null
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, null)
Footnotes (1)
  1. On June 26, 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 125,513 shares, 150,948 shares and 6,742 shares of Class A Common Stock of the Issuer, respectively. These shares were sold at a weighted average price of $68.58. These shares were sold in multiple transactions at prices ranging from $68.38 to $69.20. 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 June 29, 2026, BVP VIII, BVP VIII Inst and 15 Angels sold 49,014 shares, 58,946 shares and 2,632 shares of Class A Common Stock of the Issuer, respectively. These shares were sold at a weighted average price of $69.85. These shares were sold in multiple transactions at prices ranging from $69.85 to $69.95. 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 June 26 and June 29 trades, BVP VIII, BVP VIII Inst and 15 Angels, own 2,189,269 shares, 2,632,904 shares, and 117,512 shares of Class A Common Stock, respectively.
BVP VIII June 26 sale 125,513 shares Class A Common Stock sold at weighted average price $68.58
BVP VIII Inst June 26 sale 150,948 shares Class A Common Stock sold at weighted average price $68.58
15 Angels June 26 sale 6,742 shares Class A Common Stock sold at weighted average price $68.58
BVP VIII June 29 sale 49,014 shares Class A Common Stock sold at weighted average price $69.85
BVP VIII remaining holdings 2,189,269 shares Class A Common Stock owned after June 26 and June 29 trades
Direct holdings Deeter 4,937 shares Class A Common Stock held directly as of June 26, 2026 entry
RSU awards 3,046 and 1,891 units RSUs vesting September 15, 2027 and September 15, 2026
restricted stock units ("RSUs") financial
"Includes an award of 3,046 restricted stock units ("RSUs") granted pursuant to the Issuer's non-employee director compensation program."
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.
weighted average price financial
"These shares were sold at a weighted average price of $68.58."
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 financial
"The Reporting Person disclaims beneficial ownership of the securities held by the Bessemer Funds, except to the extent of his pecuniary interest."
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 by virtue of his indirect interest in the Bessemer Funds."
non-employee director compensation program financial
"Includes an award of 3,046 restricted stock units ("RSUs") granted pursuant to the Issuer's non-employee director compensation program."
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SEC Form 4
FORM 4UNITED 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).
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*
Deeter Byron B

(Last)(First)(Middle)
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104

(Street)
LARCHMONT NEW YORK 10538

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/26/2026S0(1)D$0.00(1)0ISee Footnotes(1)(2)(7)
Class A Common Stock06/29/2026S0(3)D$0.00(3)0ISee Footnotes(2)(3)(7)
Class A Common Stock4,937(4)(5)(6)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 26, 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 125,513 shares, 150,948 shares and 6,742 shares of Class A Common Stock of the Issuer, respectively. These shares were sold at a weighted average price of $68.58. These shares were sold in multiple transactions at prices ranging from $68.38 to $69.20. 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.
2. 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.
3. On June 29, 2026, BVP VIII, BVP VIII Inst and 15 Angels sold 49,014 shares, 58,946 shares and 2,632 shares of Class A Common Stock of the Issuer, respectively. These shares were sold at a weighted average price of $69.85. These shares were sold in multiple transactions at prices ranging from $69.85 to $69.95. 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.
4. 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.
5. 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
6. 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.
7. After the June 26 and June 29 trades, BVP VIII, BVP VIII Inst and 15 Angels, own 2,189,269 shares, 2,632,904 shares, and 117,512 shares of Class A Common Stock, respectively.
/s/ Augie Wilkinson, Attorney-in-Fact06/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did ServiceTitan (TTAN) report in this Form 4?

ServiceTitan reported that Bessemer-affiliated investment funds associated with director Byron B. Deeter sold Class A Common Stock on June 26 and June 29, 2026, at weighted average prices of $68.58 and $69.85, while retaining substantial remaining shareholdings after these transactions.

At what prices were the ServiceTitan (TTAN) shares sold by the Bessemer funds?

On June 26, 2026, the Bessemer funds sold ServiceTitan Class A shares at a weighted average price of $68.58. On June 29, 2026, they sold additional shares at a weighted average price of $69.85, with individual trades ranging between $68.38 and $69.95.

How many ServiceTitan (TTAN) shares do the Bessemer funds hold after these trades?

After the June 26 and June 29, 2026 trades, Bessemer Venture Partners VIII L.P. owns 2,189,269 ServiceTitan Class A shares, BVP VIII Institutional L.P. owns 2,632,904 shares, and 15 Angels II LLC holds 117,512 shares, according to the disclosed post-transaction positions.

What RSU awards linked to Byron Deeter are disclosed for ServiceTitan (TTAN)?

The filing notes awards of 3,046 and 1,891 restricted stock units under ServiceTitan’s non-employee director compensation program. These RSUs vest in full on September 15, 2027 and September 15, 2026, respectively, subject to Deeter’s continued board service through each vesting date.

Does Byron Deeter personally own ServiceTitan (TTAN) shares after these transactions?

The Form 4 shows 4,937 Class A shares held directly by Byron Deeter, separate from the Bessemer funds’ positions. He also assigns the right to any RSUs or resulting Class A shares, and related sale proceeds, from these grants to Deer Management Co. LLC.

How does Byron Deeter describe his interest in the Bessemer funds’ ServiceTitan (TTAN) shares?

Deeter describes his interest as an indirect, passive economic interest through entities linked to Bessemer Venture Partners. He expressly disclaims beneficial ownership of the shares held by the Bessemer funds, except to the extent of any pecuniary interest he may have in those securities.