ICONIQ funds sell 94,615 ServiceTitan shares
ServiceTitan, Inc. large shareholder entities associated with ICONIQ Strategic Partners reported open-market sales of Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
ServiceTitan, Inc. large shareholder entities associated with ICONIQ Strategic Partners reported open-market sales of Class A Common Stock. Across several transactions on June 22–23, 2026, they sold a combined 94,615 shares at weighted-average prices around $63–$64 per share. The filing also lists updated indirect holdings for multiple ICONIQ-managed funds and related trusts, showing sizeable continuing positions in ServiceTitan stock after these sales.
Insider Trade Summary
Net Seller: 94,615 shares
Net Sell
16 txns
Insider
ICONIQ Strategic Partners V, L.P., ICONIQ Strategic Partners V-B, L.P., ICONIQ Strategic Partners V GP, L.P., ICONIQ Strategic Partners V TT GP, Ltd.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
94,615 shs ($6.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 39,739 | $63.4172 | $2.52M |
| Sale | Class A Common Stock | 53,295 | $63.4172 | $3.38M |
| Sale | Class A Common Stock | 590 | $64.1806 | $38K |
| Sale | Class A Common Stock | 791 | $64.1806 | $51K |
| Sale | Class A Common Stock | 85 | $63.01 | $5K |
| Sale | Class A Common Stock | 115 | $63.01 | $7K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 483,550 shares (Direct);
Class A Common Stock — 443,221 shares (Indirect, By ICONIQ Strategic Partners V, L.P.);
Class A Common Stock — 594,405 shares (Indirect, By ICONIQ Strategic Partners V-B, L.P.);
Class A Common Stock — 3,603,256 shares (Indirect, By ICONIQ Strategic Partners II, L.P.);
Class A Common Stock — 2,820,790 shares (Indirect, By ICONIQ Strategic Partners II-B, L.P.);
Class A Common Stock — 1,484,219 shares (Indirect, By ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series));
Class A Common Stock — 605,872 shares (Indirect, By ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series));
Class A Common Stock — 735,893 shares (Indirect, By ICONIQ Strategic Partners III, L.P.);
Class A Common Stock — 786,307 shares (Indirect, By ICONIQ Strategic Partners III-B, L.P.);
Class A Common Stock — 247,163 shares (Indirect, By ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST));
Class A Common Stock — 111,891 shares (Indirect, By ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2));
Class A Common Stock — 357,747 shares (Indirect, By Divesh Makan);
Class A Common Stock — 112,158 shares (Indirect, By Matthew Jacobson)
Footnotes (6)
- F1. ICONIQ Strategic Partners II GP, L.P. ("ICONIQ II GP") is the sole general partner of ICONIQ Strategic Partners II, L.P. ("ICONIQ II"), ICONIQ Strategic Partners II-B, L.P. ("ICONIQ II-B"), ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series) ("ICONIQ II ST") and ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series) ("ICONIQ II ST2"). ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ II Parent GP") is the sole general partner of ICONIQ II GP. ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of ICONIQ Strategic Partners III, L.P. ("ICONIQ III") and ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B"). ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners V GP, L.P. ("ICONIQ V GP") is the sole general partner of ICONIQ Strategic Partners V, L.P. ("ICONIQ V"), ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B"), ICONIQ Strategic Partners V Co-Invest, L.P.
- F2. (continued) (Series ST) ("ICONIQ V ST") and ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2) ("ICONIQ V ST2"). ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP. Divesh Makan and William J.G. Griffith are the sole equity holders of ICONIQ II Parent GP and ICONIQ III Parent GP and Divesh Makan, William J.G. Griffith and Matthew Jacobson are the sole equity holders of ICONIQ V Parent GP. Each of ICONIQ II GP, ICONIQ II Parent GP, ICONIQ III GP, ICONIQ III Parent GP, ICONIQ V GP, ICONIQ V Parent GP and Messrs. Makan, Griffith and Jacobson disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.00 to $63.91. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.09 to $64.275. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F5. The shares are held by Makan through his family trust of which he is a trustee and another estate planning trust having an independent trustee. Makan disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that Makan is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F6. The shares are held by Jacobson through a trust of which he is a trustee. Jacobson disclaims beneficial ownership of the shares held by such trust for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that Jacobson is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Shares sold: 94,615 shares
Weighted-average sale price: $63.4172 per share
Weighted-average sale price: $64.1806 per share
+5 more
8 metrics
Shares sold
94,615 shares
Net open-market sales reported for June 22–23, 2026
Weighted-average sale price
$63.4172 per share
June 23, 2026 sale by ICONIQ Strategic Partners V-B, L.P.
Weighted-average sale price
$64.1806 per share
June 23, 2026 sales by ICONIQ Strategic Partners V and V-B entities
Weighted-average sale price
$63.01 per share
June 22, 2026 sales including ICONIQ Strategic Partners V-B, L.P.
Post-sale holding
648,491 shares
Class A Common Stock held by ICONIQ Strategic Partners V-B, L.P. after June 22 sale
Post-sale holding
483,550 shares
Class A Common Stock held in another reported position after June 22 sale
Indirect holding
3,603,256 shares
Class A Common Stock held by ICONIQ Strategic Partners II, L.P.
Indirect holding
2,820,790 shares
Class A Common Stock held by ICONIQ Strategic Partners II-B, L.P.
Key Terms
weighted average price, beneficial ownership, Section 16 of the Exchange Act, pecuniary interest, +1 more
5 terms
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.
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act, except to the extent of its or his pecuniary interest"
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein, if any."
family trust financial
"The shares are held by Makan through his family trust of which he is a trustee"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did ICONIQ entities report for ServiceTitan (TTAN)?
ICONIQ-affiliated entities reported open-market sales of ServiceTitan Class A Common Stock. On June 22–23, 2026, they sold a total of 94,615 shares, updating their reported indirect holdings across multiple ICONIQ-managed funds and related vehicles.
Were any derivative or option transactions reported for ServiceTitan (TTAN)?
No derivative transactions are listed in this data. All reported trades involve non-derivative Class A Common Stock. The derivative summary section shows no option exercises, conversions, or other derivative-related activity for the period covered.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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