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.

Available on EDGAR 09/21/2026 - 07:13 PM EDT Accepted by SEC EDGAR 09/21/2026 - 07:11 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

Net Seller: 23,245.5 shares

Net Sell 1 txn

Insider Sherry David

Role Chief Financial Officer

Sold 23,245.5 shs ($1.33M)

Share of Position Sold 6.0%

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	23,245.5	$57.07	$1.33M

Holdings After Transaction: Class A Common Stock — 363,511.25 shares (Direct)

Holdings Before and After: Class A Common Stock, 386,756.75 to 363,511.25 shares (Direct)

Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (1)

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

Shares sold: 23,245.5 shares Sale price per share: $57.07 per share Shares owned after transaction: 363,511.25 shares

3 metrics

Shares sold 23,245.5 shares Class A Common Stock sold by CFO on September 17, 2026

Sale price per share $57.07 per share Price for the CFO’s September 17, 2026 sell-to-cover transaction

Shares owned after transaction 363,511.25 shares Direct Class A Common Stock holdings of the CFO after the sale

Key Terms

restricted stock units, tax withholding obligation, sell to cover, equity incentive plans

4 terms

restricted stock units financial

"in connection with the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligation financial

"sold to satisfy the Reporting Person's tax withholding obligation"

sell to cover financial

"funded by a "sell to cover" transaction"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

equity incentive plans financial

"under its equity incentive plans to require the satisfaction"

Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ServiceTitan (TTAN) report for its CFO?

ServiceTitan reported that CFO Sherry David sold 23,245.5 shares of Class A Common Stock on September 17, 2026 at $57.07 per share. The sale is described as a mandated sell-to-cover for tax withholding on vested RSUs, not a discretionary trade.

Why did the ServiceTitan (TTAN) CFO sell shares in this Form 4?

The company states the CFO’s shares were sold to satisfy her tax withholding obligation related to vesting restricted stock units. These sales were mandated under ServiceTitan’s equity incentive plans as "sell to cover" transactions and are not characterized as discretionary trades.

How many ServiceTitan (TTAN) shares does the CFO hold after this transaction?

After the reported sell-to-cover transaction, CFO Sherry David directly holds 363,511.25 shares of ServiceTitan Class A Common Stock. This post-transaction holding is disclosed in the Form 4 as her direct ownership position following the sale.

At what price were the ServiceTitan (TTAN) CFO’s shares sold?

The Form 4 reports that the 23,245.5 shares of ServiceTitan Class A Common Stock were sold at a price of $57.07 per share on September 17, 2026. The filing characterizes this as part of a mandated sell-to-cover tax withholding transaction.

Was the ServiceTitan (TTAN) CFO’s stock sale under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnote explains the sales were mandated sell-to-cover transactions to fund tax withholding on RSU vesting, rather than discretionary trades under a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Sherry David

(Last) (First) (Middle)

C/O SERVICETITAN, INC.

800 N. BRAND BLVD., SUITE 100

(Street)

GLENDALE CALIFORNIA 91203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/17/2026		S(1)		23,245.5	D	$57.07	363,511.25	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

Explanation of Responses:

1. 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.

	/s/ Travis Shrout, Attorney-in-Fact	09/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)