ServiceTitan (TTAN): Bessemer sells 40,763 shares at $101.37
ServiceTitan (TTAN): Insider share sales filed on Form 4.
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Rhea-AI Filing Summary
ServiceTitan (TTAN): Insider share sales filed on Form 4. Affiliates of Bessemer Venture Partners, identified as a director and 10% owner, reported open‑market sales of Class A common stock.
On October 9, 2025, the Bessemer funds sold 40,763 shares at a weighted average price of $101.37, with trades ranging from $101.00 to $101.80. On October 10, 2025, they sold an additional 492 shares at a weighted average price of $101.33, with trades ranging from $101.10 to $101.496. The transactions were coded “S” (sale) and reported as indirect ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 492 | $101.33 | $50K |
| Sale | Class A Common Stock | 40,763 | $101.37 | $4.13M |
Footnotes (6)
- F1. On October 9, 2025, Bessemer Venture Partners VIII L.P. ("BVP VIII"), Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst") and 15 Angels II LLC ("15 Angels" and together with BVP VIII and BVP VIII Inst, the "Bessemer Funds") sold 18,066 shares, 21,727 shares and 970 shares of Class A Common Stock of the Issuer, respectively.
- F2. These shares were sold at a weighted average price of $101.37. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.80. The reporting person undertakes to provide to 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 ranges set forth in this footnote.
- F3. Certain affiliates of the Bessemer Funds own a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF, which has voting and dispositive power with respect to the shares held by CASF. 15 Angels is a subsidiary of BVP VIII Inst. Deer VIII & Co. L.P. ("Deer VIII L.P.") is the general partner of BVP VIII and BVP Inst VIII. Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII L.P. Byron Deeter, David Cowan, Jeremy Levine, Robert P. Goodman, Scott Ring, Sandra Grippo and Robert M. Stavis are the directors of Deer VIII Ltd. and hold voting and dispositive power for the Bessemer Funds. Investment and voting decisions with respect to the securities held by the Bessemer Funds are made by the directors of Deer VIII Ltd. acting as an investment committee.
- F4. On October 10, 2025, BVP VIII, BVP VIII Inst and 15 Angels sold 218 shares, 262 shares and 12 shares of Class A Common Stock of the Issuer, respectively.
- F5. These shares were sold at a weighted average price of $101.33. These shares were sold in multiple transactions at prices ranging from $101.10 to $101.496. The reporting person undertakes to provide to 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 ranges set forth in this footnote.
- F6. After the sales, BVP VIII, BVP VIII Inst, 15 Angels and Cloud All Star Fund, L.P. ("CASF"), own 3,808,157 shares, 3,830,146 shares, 170,944 shares and 189,399 shares of Class A Common Stock, respectively.
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What did Bessemer sell in ServiceTitan (TTAN) and when?
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Was the ownership reported as direct or indirect?
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