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[Form 4] ServiceTitan, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Sherry David, Chief Financial Officer of ServiceTitan, Inc. (TTAN), reported multiple sales of Class A common stock on 08/11/2025 and 08/12/2025. The Form 4 shows a total of 2,998 shares sold across six transactions executed pursuant to a Rule 10b5-1 trading plan adopted April 15, 2025. The filing includes weighted-average price ranges for each group of shares and states that the reporting person will provide transaction-level price details on request.

The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/13/2025. The table lists the reporting person’s beneficial ownership after the reported transactions (most recent entry: 362,672.25 shares), indicating retained holdings following the sales.

Positive
  • Transactions executed under a Rule 10b5-1 plan, indicating pre-arranged, compliant insider sales.
  • Timely Form 4 disclosure filed and signed by attorney-in-fact, showing procedural compliance and transparency.
  • Reporting person retained substantial holdings after the sales (most recent table figure: 362,672.25 shares).
Negative
  • CFO sold 2,998 Class A shares on 08/11/2025 and 08/12/2025, which reduces insider holdings by that amount.

Insights

TL;DR: CFO executed pre-arranged sales of 2,998 Class A shares under a 10b5-1 plan; disclosure is routine and orderly.

The Form 4 discloses planned insider sales executed over two days, totaling 2,998 shares. Because the sales were made under a documented 10b5-1 trading plan adopted April 15, 2025, they represent pre-authorized dispositions rather than ad hoc trades. The filing provides weighted-average price ranges by tranche and records continued beneficial ownership (most recent table figure: 362,672.25 shares). From a financial-analysis perspective, these entries are transparent and do not, by themselves, indicate a change in company fundamentals.

TL;DR: Form 4 shows compliant insider trading under a 10b5-1 plan with prompt SEC disclosure; governance controls appear followed.

The disclosure notes that the sales were effected pursuant to a Rule 10b5-1 plan, which is a common governance mechanism to mitigate concerns about opportunistic insider trading. The Form 4 was filed and signed by an attorney-in-fact on 08/13/2025, and footnotes commit to providing transaction-level pricing on request. These elements indicate adherence to disclosure and compliance procedures; no governance violations or unexplained transactions are shown in the document itself.

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*
Sherry David

(Last) (First) (Middle)
C/O SERVICETITAN, INC.
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
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 08/11/2025 S(1) 317 D $100.33(2) 365,353.25 D
Class A Common Stock 08/11/2025 S(1) 172 D $100.33(3) 365,181.25 D
Class A Common Stock 08/11/2025 S(1) 791 D $100.33(4) 364,390.25 D
Class A Common Stock 08/11/2025 S(1) 219 D $100.33(5) 364,171.25 D
Class A Common Stock 08/12/2025 S(1) 616 D $98.6(6) 363,555.25 D
Class A Common Stock 08/12/2025 S(1) 883 D $98.6(7) 362,672.25 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.28 to $99.27. 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.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.28 to $100.27. 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.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.28 to $101.27. 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.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.28 to $102.03. 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.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.67 to $98.66. 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 $98.67 to $99.42. 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.
/s/ Olive Huang, Attorney-in-Fact 08/13/2025
** 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 insider activity did ServiceTitan (TTAN) disclose in this Form 4?

The Form 4 discloses that CFO Sherry David sold a total of 2,998 Class A shares on 08/11/2025 and 08/12/2025.

Were the sales by the CFO part of a pre-arranged plan?

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

What price information is disclosed for the sales?

The Form 4 includes weighted-average prices and footnotes that specify the price ranges for each group of shares sold and offers to provide transaction-level pricing on request.

When was the Form 4 filed and who signed it?

The document shows the Form 4 was signed by an attorney-in-fact, Olive Huang, on 08/13/2025.

How many shares did the reporting person hold after the transactions?

The table lists beneficial ownership figures following the reported transactions; the most recent entry shown is 362,672.25 shares.
Servicetitan

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Software - Application
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United States
GLENDALE