[Form 4] ServiceTitan, Inc. Insider Trading Activity
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.
- 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).
- 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.