[Form 4] ServiceTitan, Inc. Insider Trading Activity
ServiceTitan CFO Sherry David reported four sales of Class A common stock on September 2-3, 2025, executed under a Rule 10b5-1 trading plan adopted April 15, 2025. The transactions total 2,998 shares sold at weighted-average prices in ranges from $101.90 to $104.91, with reported weighted-average prices shown of $103.90 and $102.96 for different tranches. Following these disposals, the filing shows beneficial ownership of 359,674.25 shares. The Form 4 was signed by an attorney-in-fact on September 4, 2025. All information below is taken directly from the Form 4 filing.
- Sales were executed under a Rule 10b5-1 trading plan adopted April 15, 2025, which is explicitly disclosed in the filing
- Form 4 was signed and filed promptly (transactions 09/02–09/03/2025; signature dated 09/04/2025)
- Insider disposed of 2,998 shares across four transactions, reducing beneficial ownership to 359,674.25 shares
- Filing does not disclose gross or net proceeds from the sales (only weighted-average prices and ranges are provided)
Insights
TL;DR: Insider sales of 2,998 shares under a pre-established 10b5-1 plan, reducing holdings to 359,674.25 shares; transactions at ~$102–$105.
These sales were executed pursuant to a Rule 10b5-1 trading plan adopted April 15, 2025, and occurred on September 2-3, 2025. The filing discloses weighted-average prices and price ranges for the multiple executions but does not state proceeds or percentage ownership change versus prior holdings. From a trading-impact perspective, the amounts are modest in isolation and the 10b5-1 designation indicates preplanned disposition rather than ad hoc sales; the Form 4 contains no additional material financial information.
TL;DR: Officer-level insider used an established 10b5-1 plan for multiple small share dispositions; filing appears complete and timely.
The report shows the Chief Financial Officer as the reporting person and includes the required explanatory footnotes describing weighted-average prices and price ranges for each tranche. The Form 4 is signed by an attorney-in-fact on September 4, 2025. The filing provides no indication of any governance or compliance issues and contains only routine disclosures of insider sales executed under a pre-existing trading plan.