ServiceTitan CFO sells 23K shares for taxes
ServiceTitan’s CFO executed a non-discretionary sell-to-cover stock sale tied to RSU tax withholding, retaining over 363,000 shares afterward.
Rhea-AI Filing Summary
ServiceTitan, Inc. (TTAN) reported that its Chief Financial Officer, Sherry David, sold 23,245.5 shares of Class A Common Stock on September 17, 2026 at a price of $57.07 per share. After these transactions, she directly holds 363,511.25 shares.
According to the company’s disclosure, the shares were sold solely to cover Ms. David’s tax withholding obligations arising from the vesting of restricted stock units under the equity incentive plan. The sales were mandated "sell to cover" transactions and are described as non-discretionary, and no Rule 10b5-1 trading plan is reported.
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Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 23,245.5 | $57.07 | $1.33M |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
sell to cover financial
equity incentive plans financial
FAQ
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What insider transaction did ServiceTitan (TTAN) report for its CFO?
Was the ServiceTitan (TTAN) CFO’s stock sale under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.