TTAN Form 4: Kuzoyan converts and sells 33,194 shares; trust holdings disclosed

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

ServiceTitan insider Vahe Kuzoyan reported scheduled conversions and sales of common stock under a prearranged trading plan. On 09/23/2025 and 09/24/2025 Mr. Kuzoyan converted Class B common stock into Class A common stock (16,504 and 16,690 shares, respectively) and immediately sold those converted shares pursuant to a Rule 10b5-1 trading plan adopted April 15, 2025. The filings show sales executed at weighted-average prices ranging from about $103.92 to $110.53 across multiple transactions, with the two conversion/sale events totaling 33,194 Class A shares disposed. The Form 4 also discloses substantial indirect holdings via family trusts and several GRATs, including 5,513,065 Class A-equivalent shares held by the K-A Family Trust and additional shares held in various GRATs and irrevocable trusts.

Positive

Transactions executed under a Rule 10b5-1 trading plan, indicating prearranged, compliant insider sales
Detailed estate-planning transfers disclosed (GRATs and irrevocable trusts), improving transparency around indirect holdings
Comprehensive footnote explanations for conversion mechanics and price ranges, supporting regulatory compliance

Negative

Insider sold a total of 33,194 Class A shares via conversions and subsequent sales on 09/23/2025–09/24/2025, which reduces directly held shares
Weighted-average sale prices spanned approximately $103.92 to $110.53, indicating material volume executed into the market over two days

Insights

TL;DR: Routine, preplanned insider sales and estate-planning transfers; no new information on company operations.

The Form 4 documents conversions of Class B into Class A shares followed by immediate sales executed under a Rule 10b5-1 plan, indicating these were prearranged transactions rather than opportunistic market sales. The total of 33,194 shares sold across September 23–24, 2025, were transacted at weighted-average prices reported in the filing. The disclosure of significant indirect holdings through the K-A Family Trust and multiple GRATs highlights concentrated founder-family ownership despite the recent disposals. For investors, this report primarily signals liquidity actions and estate planning rather than operational developments.

TL;DR: Governance and compliance appear intact; transfers and sales are documented with Rule 10b5-1 notice and GRAT disclosures.

The filing includes explanatory footnotes describing the conversion mechanics and the use of a Rule 10b5-1 plan, which supports compliance with insider-trading rules. Multiple transfers among GRATs, irrevocable trusts, and family trusts are explicitly noted and documented as satisfying annuity payments or estate-planning instruments. The detailed footnotes and the attorney-in-fact signature indicate formal adherence to disclosure requirements. These are governance-related actions rather than changes to management or control structure.

09/25/2025 - 04:19 PM

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).

1. Name and Address of Reporting Person^*

Kuzoyan Vahe

(Last)

(First)

(Middle)

C/O SERVICETITAN, INC.

800 N. BRAND BLVD., SUITE 100

(Street)

GLENDALE

91203

(City)

(State)

(Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	09/23/2025		C⁽¹⁾		16,504	A	$0	16,504.25	D
Class A Common Stock	09/23/2025		S⁽²⁾		4,710	D	$107.83⁽³⁾	11,794.25	D
Class A Common Stock	09/23/2025		S⁽²⁾		9,446	D	$107.83⁽⁴⁾	2,348.25	D
Class A Common Stock	09/23/2025		S⁽²⁾		1,411	D	$107.83⁽⁵⁾	937.25	D
Class A Common Stock	09/23/2025		S⁽²⁾		937	D	$107.83⁽⁶⁾	0.25	D
Class A Common Stock	09/24/2025		C⁽¹⁾		16,690	A	$0	16,690.25	D
Class A Common Stock	09/24/2025		S⁽²⁾		11,235	D	$104.81⁽⁷⁾	5,455.25	D
Class A Common Stock	09/24/2025		S⁽²⁾		2,939	D	$104.81⁽⁸⁾	2,516.25	D
Class A Common Stock	09/24/2025		S⁽²⁾		1,749	D	$104.81⁽⁹⁾	767.25	D
Class A Common Stock	09/24/2025		S⁽²⁾		570	D	$104.81⁽¹⁰⁾	197.25	D
Class A Common Stock	09/24/2025		S⁽²⁾		197	D	$104.81⁽¹¹⁾	0.25	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹²⁾	09/23/2025		C⁽¹⁾			16,504	⁽¹²⁾	⁽¹²⁾	Class A Common Stock	16,504	$0	3,538,986⁽¹³⁾	D
Class B Common Stock	⁽¹²⁾	09/24/2025		C⁽¹⁾			16,690	⁽¹²⁾	⁽¹²⁾	Class A Common Stock	16,690	$0	3,522,297⁽¹³⁾	D
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	0		0⁽¹⁴⁾⁽¹⁵⁾	I	By RA 2023 GRAT
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	371,082		371,082	I	By RA 2024 GRAT
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	241,660		241,660⁽¹⁴⁾	I	By RA 2025 GRAT
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	113,263		113,263⁽¹⁵⁾	I	By RA Irrevocable Nonexempt Trust
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	2		2⁽¹⁴⁾	I	By spouse
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	5,513,065		5,513,065	I	By the K-A Family Trust dated December 6, 2021
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	0		0⁽¹³⁾⁽¹⁶⁾	I	By VK 2023 GRAT
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	371,082		371,082	I	By VK 2024 GRAT
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	241,660		241,660⁽¹³⁾	I	By VK 2025 GRAT
Class B Common Stock	⁽¹²⁾							⁽¹²⁾	⁽¹²⁾	Class A Common Stock	113,263		113,263⁽¹⁶⁾	I	By VK Irrevocable Nonexempt Trust

Explanation of Responses:

1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.56 to $107.55. 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.56 to $108.55. 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.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.56 to $109.55. 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.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.56 to $110.53. 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.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.92 to $104.91. 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.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.92 to $105.91. 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.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.92 to $106.91. 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.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.92 to $107.91. 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.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.92 to $108.03. 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.

12. 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.

13. Reflects the September 23, 2025 transfer of 241,661 shares of Class B Common Stock from the VK 2023 GRAT to the Reporting Person in satisfaction of the final GRAT annuity payment owed to the Reporting Person and the subsequent transfer of 241,660 shares of Class B Common Stock to the VK 2025 GRAT for estate planning purposes.

14. Reflects the September 23, 2025 transfer of 241,661 shares of Class B Common Stock from the RA 2023 GRAT to the Reporting Person's spouse in satisfaction of the final GRAT annuity payment owed to the Reporting Person's spouse and the subsequent transfer of 241,660 shares of Class B Common Stock to the RA 2025 GRAT for estate planning purposes.

15. Reflects the September 23, 2025 transfer of 113,263 shares of Class B Common Stock from the RA 2023 GRAT to the RA Irrevocable Nonexempt Trust in accordance with the terms of the GRAT instrument.

16. Reflects the September 23, 2025 transfer of 113,263 shares of Class B Common Stock from the VK 2023 GRAT to the VK Irrevocable Nonexempt Trust in accordance with the terms of the GRAT instrument.

	/s/ Olive Huang, Attorney-in-Fact	09/25/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did ServiceTitan (TTAN) insider Vahe Kuzoyan report on Form 4?

He reported conversions of Class B into Class A shares and subsequent sales executed under a Rule 10b5-1 plan on 09/23/2025 and 09/24/2025.

How many shares did Kuzoyan convert and sell on 09/23–09/24/2025?

He converted 16,504 shares on 09/23/2025 and 16,690 shares on 09/24/2025, with those converted shares sold the same days, totaling 33,194 shares sold.

Were the sales part of a prearranged trading plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025.

What prices were the shares sold at?

The filing reports weighted-average price ranges across multiple transactions from about $103.92 to $110.53, with specific weighted averages reported for each sale grouping.

Does Kuzoyan still have significant holdings after these transactions?

Yes. The Form 4 discloses substantial indirect holdings, including 5,513,065 Class A-equivalent shares held by the K-A Family Trust and additional shares held via multiple GRATs and trusts.

TTAN Form 4: Kuzoyan converts and sells 33,194 shares; trust holdings disclosed