Venture Capitalist Byron Deeter Strengthens Stake in ServiceTitan Through RSU Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceTitan director and 10% owner Byron B. Deeter reported receiving 1,891 restricted stock units (RSUs) on June 18, 2025. The RSUs were granted as part of the company's non-employee director compensation program at a price of $0.
Key details of the transaction:
- The RSUs will fully vest on September 15, 2026, contingent on Deeter's continued service on the board
- Each RSU represents the right to receive one share of ServiceTitan Class A Common Stock
- Deeter has assigned rights to the shares or proceeds from their sale to Deer Management Co. LLC (DMC)
This Form 4 filing indicates ongoing alignment between board compensation and long-term company performance through equity-based awards, while the assignment to DMC suggests institutional investment structuring.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deeter Byron B
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,891 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,891 shares (Indirect, See footnotes)
Footnotes (1)
- Represents an award of restricted stock units ("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 shares issuable pursuant to this grant or any proceeds from the sale thereof.
FAQ
How many restricted stock units (RSUs) did TTAN director Byron Deeter receive on June 18, 2025?
Byron Deeter received 1,891 restricted stock units (RSUs) of TTAN's Class A Common Stock on June 18, 2025, as part of the company's non-employee director compensation program.
When will Byron Deeter's TTAN RSUs vest?
The RSUs granted to Byron Deeter will vest in full on September 15, 2026, contingent upon his continued service on ServiceTitan's board of directors through the vesting date.
What positions does Byron Deeter hold at TTAN according to the Form 4?
According to the Form 4 filing, Byron Deeter serves as both a Director and a 10% Owner of ServiceTitan (TTAN).
Who will receive the proceeds from Byron Deeter's TTAN RSU grant?
According to the filing, Byron Deeter has agreed to assign to Deer Management Co. LLC (DMC) the right to any shares issuable from this RSU grant or any proceeds from the sale thereof.
What was the purchase price of TTAN RSUs granted to Byron Deeter?
The RSUs were granted to Byron Deeter at a price of $0 as part of ServiceTitan's non-employee director compensation program.