[Form 4] ServiceTitan, Inc. Insider Trading Activity
Bessemer-related funds reported the sale of 9,495 shares of ServiceTitan Class A common stock on 09/12/2025 at a weighted average price of $117.13 per share, with individual trade prices ranging from $117.00 to $117.90. The sales comprised 4,208 shares by Bessemer Venture Partners VIII L.P., 5,061 shares by Bessemer Venture Partners VIII Institutional L.P., and 226 shares by 15 Angels II LLC. After the transactions, the footnote reports remaining Class A holdings of 3,169,941 shares (BVP VIII), 3,879,700 shares (BVP VIII Inst), 174,142 shares (15 Angels) and 189,399 shares (Cloud All Star Fund). The filing discloses that certain Bessemer affiliates have voting and dispositive power through ownership structures and named directors who act as the investment committee.
I fondi legati a Bessemer hanno riportato la vendita di 9.495 azioni ordinarie Class A di ServiceTitan il 09/12/2025 a un prezzo medio ponderato di $117.13 per azione, con prezzi di esecuzione individuali compresi tra $117.00 e $117.90. Le vendite hanno riguardato 4.208 azioni da Bessemer Venture Partners VIII L.P., 5.061 azioni da Bessemer Venture Partners VIII Institutional L.P. e 226 azioni da 15 Angels II LLC. Dopo le operazioni, la nota a piè di pagina riporta consistenze residue di Class A pari a 3.169.941 azioni (BVP VIII), 3.879.700 azioni (BVP VIII Inst), 174.142 azioni (15 Angels) e 189.399 azioni (Cloud All Star Fund). La pratica dichiara che alcuni affiliati Bessemer hanno potere di voto e di disposizione tramite strutture di proprietà e membri nominati che fungono da comitato di investimento.
Los fondos vinculados a Bessemer reportaron la venta de 9,495 acciones comunes de Clase A de ServiceTitan el 12/09/2025 a un precio medio ponderado de $117.13 por acción, con precios de operación individuales que oscilaron entre $117.00 y $117.90. Las ventas consistieron en 4,208 acciones por Bessemer Venture Partners VIII L.P., 5,061 acciones por Bessemer Venture Partners VIII Institutional L.P. y 226 acciones por 15 Angels II LLC. Después de las operaciones, la nota al pie reporta holdings restantes de Clase A de 3,169,941 acciones (BVP VIII), 3,879,700 (BVP VIII Inst), 174,142 (15 Angels) y 189,399 (Cloud All Star Fund). El archivo revela que ciertos afiliados de Bessemer tienen poder de voto y de disposición a través de estructuras de propiedad y directores nombrados que actúan como comité de inversión.
베섬머(Bessemer) 관련 펀드들이 ServiceTitan Class A 보통주 9,495주를 2025-09-12에 $117.13의 가중평균가로 매도했다고 보고했습니다. 개별 거래가격은 $117.00에서 $117.90 사이였습니다. 매도는 Bessemer Venture Partners VIII L.P.의 4,208주, Bessemer Venture Partners VIII Institutional L.P.의 5,061주, 그리고 15 Angels II LLC의 226주로 구성되었습니다. 거래 후 각주에 남아 있는 Class A 보유주식은 3,169,941주(BVP VIII), 3,879,700주(BVP VIII Inst), 174,142주(15 Angels), 189,399주(Cloud All Star Fund)로 보고됩니다. filing은 특정 Bessemer 계열사가 소유 구조와 지명된 이사들이 투자위원회 역할을 하는 의결권 및 처분권을 가진다고 밝혔습니다.
Des fonds liés à Bessemer ont déclaré la vente de 9 495 actions ordinaires Classe A de ServiceTitan le 12/09/2025 à un prix moyen pondéré de $117,13 par action, avec des prix d’exécution individuels allant de $117,00 à $117,90. Les ventes comprenaient 4 208 actions par Bessemer Venture Partners VIII L.P., 5 061 actions par Bessemer Venture Partners VIII Institutional L.P., et 226 actions par 15 Angels II LLC. Après les transactions, la note indique des avoirs restants en Classe A de 3 169 941 actions (BVP VIII), 3 879 700 (BVP VIII Inst), 174 142 (15 Angels) et 189 399 (Cloud All Star Fund). Le dépôt indique que certains affiliés de Bessemer disposent d’un pouvoir de vote et de disposition par des structures de propriété et des administrateurs nommés qui agissent comme le comité d’investissement.
Von mit Bessemer verbundenen Fonds wurden 9.495 Aktien der ServiceTitan Class A Stammaktien am 09/12/2025 zu einem gewichteten Durchschnittspreis von $117,13 pro Aktie verkauft, wobei die einzelnen Handelspreise von $117,00 bis $117,90 reichten. Die Verkäufe umfassten 4.208 Aktien von Bessemer Venture Partners VIII L.P., 5.061 Aktien von Bessemer Venture Partners VIII Institutional L.P. und 226 Aktien von 15 Angels II LLC. Nach den Transaktionen meldet die Fußnote verbleibende Class A-Bestände von 3.169.941 Aktien (BVP VIII), 3.879.700 Aktien (BVP VIII Inst), 174.142 Aktien (15 Angels) und 189.399 Aktien (Cloud All Star Fund). Die Einreichung gibt an, dass bestimmte Bessemer-Verbundene durch Eigentumsstrukturen und benannte Direktoren, die als Investitionsausschuss fungieren, Stimm- und Verfügungsbefugnisse besitzen.
أفادت صناديق مرتبطة بـ Bessemer ببيع 9,495 سهماً من فئة A العادية لـ ServiceTitan في 12/09/2025 بسعر متوسط مرجّح قدره $117.13 للسهم، مع أسعار تنفيذ فردية تتراوح بين $117.00 و $117.90. تكونت عمليات البيع من 4,208 أسهم من Bessemer Venture Partners VIII L.P.، و5,061 أسهم من Bessemer Venture Partners VIII Institutional L.P.، و226 سهماً من 15 Angels II LLC. بعد المعاملات، تُظهر الحاشية أن حيازات Class A المتبقية تبلغ 3,169,941 سهماً (BVP VIII)، و3,879,700 سهماً (BVP VIII Inst)، و174,142 سهماً (15 Angels)، و189,399 سهماً (Cloud All Star Fund). تبيّن العريضة أن بعض فروع Bessemer لديها سلطة التصويت والتصرف من خلال هياكل الملكية وأعضاء مدرجة يعملون كـ لجنة الاستثمار.
与 Bessemer 相关的基金报告在 2025-09-12以加权平均价 $117.13/股,出售 ServiceTitan Class A 普通股共 9,495 股,单笔交易价格区间为 $117.00 至 $117.90。此次出售包括 Bessemer Venture Partners VIII L.P. 的 4,208 股、Bessemer Venture Partners VIII Institutional L.P. 的 5,061 股,以及 15 Angels II LLC 的 226 股。交易后脚注显示 Class A 的剩余持股为 3,169,941 股(BVP VIII)、3,879,700 股(BVP VIII Inst)、174,142 股(15 Angels)和 189,399 股(Cloud All Star Fund)。该披露还指出,某些 Bessemer 关联方通过所有权结构和指定董事行使投资委员会职责,拥有投票及处置权。
- Transparent disclosure of the number of shares sold, weighted average price, and price range ($117.00–$117.90)
- Post-transaction holdings provided showing Bessemer entities retain multi-million share positions, indicating continued long-term exposure
- Affiliates and governance structure disclosed, clarifying who holds voting and dispositive power
- Minor reduction in holdings (9,495 shares sold) that, while small relative to total holdings, is a realized disposition by a large shareholder
- Price-range disclosure requires the reporting person to provide per-price details on request, indicating trades occurred across multiple executions rather than a single block
Insights
TL;DR: Small disposition by major holder; proceeds modest relative to holdings, no change to control indicated.
The Form 4 shows an aggregate sale of 9,495 Class A shares at a weighted average price of $117.13 on 09/12/2025. Given the post-sale holdings (millions of shares across Bessemer entities), this transaction appears to be routine liquidity-taking rather than a shift in strategic ownership. The reported price range ($117.00–$117.90) and the undertaking to provide per-price breakdown support routine block trade execution. For investors, the key datapoints are the immaterial percent reduction relative to stated post-sale stakes and the continued indirect control via affiliated entities and named directors.
TL;DR: Filing documents routine sales and reiterates complex ownership and voting structure led by Deer VIII Ltd. directors.
The disclosure emphasizes the multi-entity ownership structure and that voting and dispositive power rest with directors of Deer VIII Ltd., who act as an investment committee. The sales by BVP VIII, BVP VIII Inst and 15 Angels do not appear to alter that governance arrangement. The filing appropriately identifies affiliated interests, Cloud All Star Fund's relationship, and subsidiaries, which maintains transparency about who holds voting authority despite multiple entities reporting the trades.
I fondi legati a Bessemer hanno riportato la vendita di 9.495 azioni ordinarie Class A di ServiceTitan il 09/12/2025 a un prezzo medio ponderato di $117.13 per azione, con prezzi di esecuzione individuali compresi tra $117.00 e $117.90. Le vendite hanno riguardato 4.208 azioni da Bessemer Venture Partners VIII L.P., 5.061 azioni da Bessemer Venture Partners VIII Institutional L.P. e 226 azioni da 15 Angels II LLC. Dopo le operazioni, la nota a piè di pagina riporta consistenze residue di Class A pari a 3.169.941 azioni (BVP VIII), 3.879.700 azioni (BVP VIII Inst), 174.142 azioni (15 Angels) e 189.399 azioni (Cloud All Star Fund). La pratica dichiara che alcuni affiliati Bessemer hanno potere di voto e di disposizione tramite strutture di proprietà e membri nominati che fungono da comitato di investimento.
Los fondos vinculados a Bessemer reportaron la venta de 9,495 acciones comunes de Clase A de ServiceTitan el 12/09/2025 a un precio medio ponderado de $117.13 por acción, con precios de operación individuales que oscilaron entre $117.00 y $117.90. Las ventas consistieron en 4,208 acciones por Bessemer Venture Partners VIII L.P., 5,061 acciones por Bessemer Venture Partners VIII Institutional L.P. y 226 acciones por 15 Angels II LLC. Después de las operaciones, la nota al pie reporta holdings restantes de Clase A de 3,169,941 acciones (BVP VIII), 3,879,700 (BVP VIII Inst), 174,142 (15 Angels) y 189,399 (Cloud All Star Fund). El archivo revela que ciertos afiliados de Bessemer tienen poder de voto y de disposición a través de estructuras de propiedad y directores nombrados que actúan como comité de inversión.
베섬머(Bessemer) 관련 펀드들이 ServiceTitan Class A 보통주 9,495주를 2025-09-12에 $117.13의 가중평균가로 매도했다고 보고했습니다. 개별 거래가격은 $117.00에서 $117.90 사이였습니다. 매도는 Bessemer Venture Partners VIII L.P.의 4,208주, Bessemer Venture Partners VIII Institutional L.P.의 5,061주, 그리고 15 Angels II LLC의 226주로 구성되었습니다. 거래 후 각주에 남아 있는 Class A 보유주식은 3,169,941주(BVP VIII), 3,879,700주(BVP VIII Inst), 174,142주(15 Angels), 189,399주(Cloud All Star Fund)로 보고됩니다. filing은 특정 Bessemer 계열사가 소유 구조와 지명된 이사들이 투자위원회 역할을 하는 의결권 및 처분권을 가진다고 밝혔습니다.
Des fonds liés à Bessemer ont déclaré la vente de 9 495 actions ordinaires Classe A de ServiceTitan le 12/09/2025 à un prix moyen pondéré de $117,13 par action, avec des prix d’exécution individuels allant de $117,00 à $117,90. Les ventes comprenaient 4 208 actions par Bessemer Venture Partners VIII L.P., 5 061 actions par Bessemer Venture Partners VIII Institutional L.P., et 226 actions par 15 Angels II LLC. Après les transactions, la note indique des avoirs restants en Classe A de 3 169 941 actions (BVP VIII), 3 879 700 (BVP VIII Inst), 174 142 (15 Angels) et 189 399 (Cloud All Star Fund). Le dépôt indique que certains affiliés de Bessemer disposent d’un pouvoir de vote et de disposition par des structures de propriété et des administrateurs nommés qui agissent comme le comité d’investissement.
Von mit Bessemer verbundenen Fonds wurden 9.495 Aktien der ServiceTitan Class A Stammaktien am 09/12/2025 zu einem gewichteten Durchschnittspreis von $117,13 pro Aktie verkauft, wobei die einzelnen Handelspreise von $117,00 bis $117,90 reichten. Die Verkäufe umfassten 4.208 Aktien von Bessemer Venture Partners VIII L.P., 5.061 Aktien von Bessemer Venture Partners VIII Institutional L.P. und 226 Aktien von 15 Angels II LLC. Nach den Transaktionen meldet die Fußnote verbleibende Class A-Bestände von 3.169.941 Aktien (BVP VIII), 3.879.700 Aktien (BVP VIII Inst), 174.142 Aktien (15 Angels) und 189.399 Aktien (Cloud All Star Fund). Die Einreichung gibt an, dass bestimmte Bessemer-Verbundene durch Eigentumsstrukturen und benannte Direktoren, die als Investitionsausschuss fungieren, Stimm- und Verfügungsbefugnisse besitzen.