ServiceTitan (TTAN) CFO logs mandatory sell-to-cover stock sales
Rhea-AI Filing Summary
ServiceTitan, Inc. disclosed that its Chief Financial Officer reported several sales of Class A common stock on 12/17/2025. The transactions were coded as sales but are explained as shares sold to cover the reporting person's tax withholding obligations tied to the vesting of restricted stock units, under the company’s equity incentive plans. These are described as mandated "sell to cover" transactions rather than discretionary trades. The reported weighted average sale prices were around $105.3 per share, with individual trades executed within price ranges from $102.31 up to $108.91. After the final transaction, the CFO beneficially owned 331,780.75 shares of ServiceTitan Class A common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did ServiceTitan (TTAN) report in this Form 4?
The filing reports that ServiceTitan’s Chief Financial Officer sold multiple blocks of Class A common stock on 12/17/2025, as shown in Table I.
Why did the ServiceTitan (TTAN) CFO sell shares on 12/17/2025?
The filing states the shares were sold to satisfy the CFO’s tax withholding obligations in connection with vested restricted stock units, under a mandated "sell to cover" arrangement in the company’s equity incentive plans.
Were the ServiceTitan (TTAN) CFO’s stock sales discretionary trades?
No. The explanation notes that these sales are mandated to fund tax withholding and do not represent discretionary trades by the reporting person.
What prices were received in the ServiceTitan (TTAN) CFO’s share sales?
The reported prices are weighted average prices. The individual trades occurred in multiple transactions with price ranges from $102.31 to $108.91, depending on the specific block of shares.
How many ServiceTitan (TTAN) shares does the CFO own after these transactions?
Following the last reported transaction on 12/17/2025, the CFO beneficially owned 331,780.75 shares of Class A common stock, held directly.
What role does the reporting person hold at ServiceTitan (TTAN)?
The reporting person is identified as an Officer of ServiceTitan, serving in the role of Chief Financial Officer.