ServiceTitan (TTAN) president’s trust sells 131,120 converted shares under 10b5-1 plan
Rhea-AI Filing Summary
ServiceTitan, Inc. president and director Vahe Kuzoyan, through the K-A Family Trust, converted 131,120 shares of Class B Common Stock into the same number of Class A shares on August 11–12, 2026, then sold 131,120 Class A shares in multiple transactions at weighted average prices of $88.84 and $88.95 per share. The sales were effected under a Rule 10b5-1 trading plan adopted on January 15, 2026. Kuzoyan continues to have substantial exposure via Class B shares held directly and through various GRATs and trusts, each convertible into an equal number of Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
28 txns
Insider
Kuzoyan Vahe
Role
President
Sold
131,120 shs ($11.65M)
Approx. gross sale proceeds
$11.65M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F16, F1 | 16,388 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 16,388 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F9 | 804 | $88.95 | $72K |
| Sale | Class A Common Stock F2, F10 | 1,180 | $88.95 | $105K |
| Sale | Class A Common Stock F2, F11 | 1,033 | $88.95 | $92K |
| Sale | Class A Common Stock F2, F12 | 6,072 | $88.95 | $540K |
| Sale | Class A Common Stock F2, F13 | 2,887 | $88.95 | $257K |
| Sale | Class A Common Stock F2, F14 | 2,137 | $88.95 | $190K |
| Sale | Class A Common Stock F2, F15 | 2,275 | $88.95 | $202K |
| Conversion | Class B Common Stock F16, F1 | 114,732 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 114,732 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 3,716 | $88.84 | $330K |
| Sale | Class A Common Stock F2, F4 | 16,160 | $88.84 | $1.44M |
| Sale | Class A Common Stock F2, F5 | 7,146 | $88.84 | $635K |
| Sale | Class A Common Stock F2, F6 | 35,402 | $88.84 | $3.15M |
| Sale | Class A Common Stock F2, F7 | 49,395 | $88.84 | $4.39M |
| Sale | Class A Common Stock F2, F8 | 2,913 | $88.84 | $259K |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class B Common Stock F16 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 5,372,245 shares (Indirect, By the K-A Family Trust dated December 6, 2021);
Class A Common Stock — 0 shares (Indirect, By the K-A Family Trust dated December 6, 2021);
Class B Common Stock — 3,381,726 shares (Direct);
Class B Common Stock — 267,716 shares (Indirect, By RA 2024 GRAT);
Class B Common Stock — 241,660 shares (Indirect, By RA 2025 GRAT);
Class B Common Stock — 103,365 shares (Indirect, By RA 2025-2 GRAT);
Class B Common Stock — 113,263 shares (Indirect, By RA Irrevocable Nonexempt Trust);
Class B Common Stock — 3 shares (Indirect, By spouse);
Class B Common Stock — 267,716 shares (Indirect, By VK 2024 GRAT);
Class B Common Stock — 241,660 shares (Indirect, By VK 2025 GRAT);
Class B Common Stock — 103,365 shares (Indirect, By VK 2025-2 GRAT);
Class B Common Stock — 113,263 shares (Indirect, By VK Irrevocable Nonexempt Trust);
Class A Common Stock — 1.25 shares (Direct)
Footnotes (16)
- F1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the K-A Family Trust dated December 6, 2021.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.32 to $86.31. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.32 to $87.31. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.32 to $88.31. 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.32 to $89.31. 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.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.32 to $90.31. 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.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.32 to $90.65. 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.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.02 to $86.01. 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.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.02 to $87.01. 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.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.02 to $88.01. 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.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.02 to $89.01. 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.
- F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.02 to $90.01. 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.
- F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.02 to $91.01. 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.
- F15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.02 to $91.51. 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.
- F16. 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.
Key Figures
Class B to Class A conversion: 131,120 shares
Class A shares sold: 131,120 shares
Weighted average sale price 11 Aug 2026: $88.8400 per share
+3 more
6 metrics
Class B to Class A conversion
131,120 shares
Class B Common Stock converted to Class A on August 11–12, 2026 by K-A Family Trust
Class A shares sold
131,120 shares
Indirectly sold by K-A Family Trust on August 11–12, 2026 under Rule 10b5-1 plan
Weighted average sale price 11 Aug 2026
$88.8400 per share
Weighted average price for several Class A sale tranches on August 11, 2026
Weighted average sale price 12 Aug 2026
$88.9500 per share
Weighted average price for several Class A sale tranches on August 12, 2026
Direct Class B position
3,381,726 shares
Class B Common Stock held directly, convertible into same number of Class A shares
RA 2024 GRAT Class B holding
267,716 shares
Class B Common Stock held indirectly by RA 2024 GRAT, convertible into Class A
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, weighted average price, Grantor Retained Annuity Trust (GRAT), +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class B Common Stock financial
"Represents the conversion of Class B Common Stock into Class A Common Stock held..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Grantor Retained Annuity Trust (GRAT) financial
"Class B Common Stock held indirectly by RA 2024 GRAT and other GRAT entities..."
convertible financial
"The Class B common stock is convertible into an equal number of shares of Class A..."
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
What did ServiceTitan (TTAN) insider Vahe Kuzoyan report in this Form 4?
Vahe Kuzoyan reported converting 131,120 Class B shares into 131,120 Class A shares and selling those 131,120 Class A shares indirectly through the K-A Family Trust over August 11–12, 2026, at weighted average prices in the high-$80s per share.
Were the ServiceTitan (TTAN) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2026. Such pre-arranged plans allow trades to execute automatically according to preset instructions, reducing the informational value of trade timing.
How many ServiceTitan (TTAN) shares did the K-A Family Trust sell and at what prices?
The K-A Family Trust sold 131,120 Class A shares on August 11–12, 2026. Weighted average prices were $88.84 per share on August 11 and $88.95 per share on August 12, with individual trades ranging from $85.02 to $91.51.
AI-generated analysis. How Rhea-AI works. Not financial advice.
