ServiceTitan CEO's trust sells 105,000 shares
The trust's sales were made under a Rule 10b5-1 plan adopted January 15, 2026, alongside conversions of Class B shares.
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Form Type
4
Rhea-AI Filing Summary
ServiceTitan, Inc. CEO Ara Mahdessian reported that the AMKE Trust dated February 1, 2019, converted 63,927 Class B shares on November 4 and 41,073 Class B shares on November 5, 2026, into Class A shares. The trust also sold 105,000 Class A shares across those dates. The sale rows list $87.38 per share on November 4 and $83.78 on November 5; related footnotes describe weighted-average prices across multiple transactions and provide price ranges. The sales were made under a Rule 10b5-1 plan adopted January 15, 2026.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
15 txns
Insider
Mahdessian Ara
Role
Chief Executive Officer
Sold
105,000 shs ($9.03M)
Approx. gross sale proceeds
$9.03M
Share of Position Sold
100%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F14, F1, F15 | 41,073 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 41,073 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F8 | 16,029 | $83.78 | $1.34M |
| Sale | Class A Common Stock F2, F9 | 9,594 | $83.78 | $804K |
| Sale | Class A Common Stock F2, F10 | 2,328 | $83.78 | $195K |
| Sale | Class A Common Stock F2, F11 | 4,430 | $83.78 | $371K |
| Sale | Class A Common Stock F2, F12 | 5,928 | $83.78 | $497K |
| Sale | Class A Common Stock F2, F13 | 2,764 | $83.78 | $232K |
| Conversion | Class B Common Stock F14, F1, F15 | 63,927 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 63,927 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 2,672 | $87.38 | $233K |
| Sale | Class A Common Stock F2, F4 | 2,964 | $87.38 | $259K |
| Sale | Class A Common Stock F2, F5 | 25,444 | $87.38 | $2.22M |
| Sale | Class A Common Stock F2, F6 | 31,706 | $87.38 | $2.77M |
| Sale | Class A Common Stock F2, F7 | 1,141 | $87.38 | $100K |
| Holding | Class B Common Stock F14, F15 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class B Common Stock F14 | -- | -- | -- |
| Holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 4,114,581 contracts (Indirect, By the AMKE Trust dated February 1, 2019);
Class A Common Stock — 0 shares (Indirect, By the AMKE Trust dated February 1, 2019);
Class B Common Stock — 3,259,620 contracts (Direct);
Class B Common Stock — 341,906 contracts (Indirect, AM 2026 GRAT);
Class B Common Stock — 169,318 contracts (Indirect, AM 2026-2 GRAT);
Class B Common Stock — 87,128 contracts (Indirect, AM Irrevocable Nonexempt Trust);
Class B Common Stock — 16,047 contracts (Indirect, By AM 2025 GRAT);
Class B Common Stock — 16,047 contracts (Indirect, By KE 2025 GRAT);
Class B Common Stock — 2 contracts (Indirect, By Spouse);
Class B Common Stock — 341,906 contracts (Indirect, KE 2026 GRAT);
Class B Common Stock — 169,318 contracts (Indirect, KE 2026-2 GRAT);
Class B Common Stock — 87,128 contracts (Indirect, KE Irrevocable Nonexempt Trust);
Class A Common Stock — 2 shares (Direct)
Holdings Before and After:
Class B Common Stock, 4,219,581 to 4,114,581 contracts (Indirect, By the AMKE Trust dated February 1, 2019);
Class A Common Stock, 0 to 0 shares (Indirect, By the AMKE Trust dated February 1, 2019)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (15)
- F1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the AMKE Trust dated February 1, 2019.
- 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 $84.50 to $85.49. 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 $85.50 to $86.49. 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 $86.50 to $87.49. 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 $87.50 to $88.49. 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 $88.50 to $88.78. 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 $81.69 to $82.68. 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 $82.69 to $83.68. 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 $83.69 to $84.68. 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 $84.69 to $85.68. 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 $85.69 to $86.68. 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 $86.69 to $87.32. 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 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.
- F15. Reflects the June 26, 2026 transfer of 2,994 shares of Class B Common Stock from the Reporting Person to the AMKE Trust dated February 1, 2019. Such transfer was exempt from reporting pursuant to Rule 16a-13.
Key Figures
Class A shares sold: 105,000 shares
Class B shares converted: 63,927 shares
Class B shares converted: 41,073 shares
+2 more
5 metrics
Class A shares sold
105,000 shares
AMKE Trust sales on November 4 and 5, 2026
Class B shares converted
63,927 shares
Converted into Class A shares on November 4, 2026
Class B shares converted
41,073 shares
Converted into Class A shares on November 5, 2026
Reported sale price per share
$87.38 per share
Sale rows dated November 4, 2026; related footnotes describe weighted-average prices and transaction price ranges
Reported sale price per share
$83.78 per share
Sale rows dated November 5, 2026; related footnotes describe weighted-average prices and transaction price ranges
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"sales were effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
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.
Class B Common Stock technical
"convertible into an equal number of shares of Class A Common Stock"
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.
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