ServiceTitan (TTAN) CEO logs share conversion and tax sell-to-cover trades

Rhea-AI Filing Summary

ServiceTitan, Inc. insider filings show its Chief Executive Officer and director converted 3,039 shares of Class B Common Stock into Class A Common Stock on 12/17/2025. On the same day, the reporting person sold several small blocks of Class A shares, described as sales to satisfy tax withholding obligations tied to the vesting of restricted stock units under the company’s equity incentive plans, using mandated “sell to cover” transactions rather than discretionary trades.

After these transactions, the reporting person continued to hold Class A shares directly and retained substantial indirect interests through various grantor retained annuity trusts and a family trust, with Class B shares that are convertible into an equal number of Class A shares at the holder’s election or upon certain transfers or events as set out in the company’s charter.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

Mahdessian Ara

(Last) (First) (Middle)

C/O SERVICETITAN

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

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	12/17/2025		C(1)		3,039	A	$0	3,039	D
Class A Common Stock	12/17/2025		S(2)		816.75	D	$105.3(3)	2,222.25	D
Class A Common Stock	12/17/2025		S(2)		263.75	D	$105.3(4)	1,958.5	D
Class A Common Stock	12/17/2025		S(2)		410.25	D	$105.3(5)	1,548.25	D
Class A Common Stock	12/17/2025		S(2)		195	D	$105.3(6)	1,353.25	D
Class A Common Stock	12/17/2025		S(2)		1,063.75	D	$105.3(7)	289.5	D
Class A Common Stock	12/17/2025		S(2)		204.25	D	$105.3(8)	85.25	D
Class A Common Stock	12/17/2025		S(2)		84.75	D	$105.3(9)	0.5	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
Class B Common Stock	(10)	12/17/2025		C(1)			3,039	(10)	(10)	Class A Common Stock	3,039	$0	3,283,644	D
Class B Common Stock	(10)							(10)	(10)	Class A Common Stock	429,035		429,035	I	By AM 2024 GRAT
Class B Common Stock	(10)							(10)	(10)	Class A Common Stock	185,366		185,366	I	By AM 2025 GRAT
Class B Common Stock	(10)							(10)	(10)	Class A Common Stock	429,035		429,035	I	By KE 2024 GRAT
Class B Common Stock	(10)							(10)	(10)	Class A Common Stock	185,366		185,366	I	By KE 2025 GRAT
Class B Common Stock	(10)							(10)	(10)	Class A Common Stock	4,427,021		4,427,021	I	By the AMKE Trust dated February 1, 2019

Explanation of Responses:

1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

2. Represents shares sold to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of restricted stock units. These sales are mandated as part of the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.31 to $103.30. 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 with 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 $103.31 to $104.30. 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 with 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 $104.31 to $105.30. 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 with 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 $105.31 to $106.30. 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 with 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 $106.31 to $107.30. 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 with the range set forth in this footnote.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.31 to $108.30. 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 with the range set forth in this footnote.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.31 to $108.91. 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 with the range set forth in this footnote.

10. The Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers, or upon the occurrence of certain specified events, in each case as set forth in the Issuer's Amended and Restated Certificate of Incorporation.

	/s/ Olive Huang, Attorney-in-Fact	12/18/2025
	** 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 transaction did ServiceTitan (TTAN) report on 12/17/2025?

The filing reports that the Chief Executive Officer converted 3,039 shares of Class B Common Stock into Class A Common Stock on 12/17/2025, and executed several related sales of Class A shares.

Why did the ServiceTitan (TTAN) CEO sell Class A shares in this Form 4?

The filing states the Class A shares were sold to satisfy tax withholding obligations arising from the vesting of restricted stock units, using mandated “sell to cover” transactions under the company’s equity incentive plans.

Were the ServiceTitan (TTAN) share sales discretionary trades by the CEO?

No. The filing explains that these sales do not represent discretionary trades by the reporting person, but are mandated by the issuer’s election to fund withholding taxes through sell-to-cover transactions.

What is the conversion feature of ServiceTitan (TTAN) Class B Common Stock?

According to the filing, each share of Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time at the holder’s election and will automatically convert into Class A upon most transfers or certain specified events.

What prices were reported for the tax-related sales of ServiceTitan (TTAN) Class A shares?

The filing reports weighted average prices for multiple transactions, with share sales occurring in ranges such as $102.31 to $103.30 and several higher ranges up to $108.91, and notes that full trade details are available upon request.

Does the ServiceTitan (TTAN) CEO still hold a significant equity interest after these transactions?

Yes. The filing shows the reporting person continues to hold Class A shares directly and substantial indirect interests through multiple grantor retained annuity trusts and a family trust, with underlying Class B shares convertible into Class A shares.