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ServiceTitan’s growth story lives in its numbers. Every 10-K details annual recurring revenue, churn, and the integration of new features that keep contractors loyal. Yet those disclosures run deep with SaaS-specific revenue recognition rules that can slow any analysis.
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ServiceTitan's Form 144 notifies a proposed sale of 2,998 shares of common stock through Goldman Sachs & Co. LLC on the NASDAQ (NASD), with an aggregate market value of $295,362.96. The filing lists 77,266,756 shares outstanding and an approximate sale date of 08/11/2025.
The shares were acquired as restricted stock units (RSUs) issued as compensation on 06/15/2025. The filing also reports four insider sales by Dave Sherry on 07/21–07/22/2025 totaling 3,008 shares for combined gross proceeds of $347,858.15. Filer identifiers (CIK/CCC) are not provided in the supplied content.
ServiceTitan (TTAN) Form 4 filing: President & Director Vahe Kuzoyan converted and sold Class A shares on 4-5 Aug 2025 under a Rule 10b5-1 plan dated 15 Apr 2025.
- Conversions: 24,598 shares on 8/4 and 24,582 shares on 8/5, reflecting 1-for-1 optional conversion of Class B into Class A at $0 cost.
- Disposals: All 49,180 converted shares were immediately sold—24,598 at a $114.46 avg on 8/4 and 24,582 at a $112.02 avg on 8/5 (price range $110.88-$115.18).
- Direct holdings: Declined from 49,180 to 0 Class A shares post-sale.
- Residual exposure: Kuzoyan still controls ≈3.56 m Class B shares directly and ≈6.96 m additional shares through GRATs, a family trust and spouse, all convertible 1:1 to Class A.
The activity represents a pre-planned liquidity event rather than new equity issuance. Sales equal <2 % of his total beneficial stake and are unlikely to alter company fundamentals but may signal near-term insider supply.
ServiceTitan, Inc. (TTAN) has filed a Form 144 announcing a proposed insider sale. The notice covers 49,180 common shares, equal to roughly 0.06 % of the company’s 77.27 M shares outstanding. At the reference price used in the filing, the aggregate market value is $5.62 M. The securities are expected to be sold on or about 08/04/2025 through Goldman Sachs & Co. LLC on Nasdaq.
- Source of shares: mix of recently-vested Restricted Stock Units (14,988 shares across four grant dates in 2024-25) and 26,192 founder shares first acquired in 2007.
- No prior sales: the filer reports “Nothing to Report” for the past three months.
- Rule 10b5-1: signature block references possible reliance on a trading plan, but no adoption date is listed.
The filing is a discretionary notice; it does not obligate the seller to complete the transaction and does not alter the company’s capital structure.
ServiceTitan, Inc. (TTAN) – Form 4 filing
Chief Financial Officer David Sherry reported six open-market sales of the company’s Class A common stock executed on 07/21-22/2025 under a previously adopted Rule 10b5-1 trading plan (established 04/15/2025).
- Total shares sold: 3,008
- Sale prices: weighted-average ranges of $113.40-$118.12 per share; representative prices disclosed in Column 4 were $114.41 and $116.89.
- Approximate proceeds (multiplying shares by representative prices): ~$350 thousand.
- Post-transaction beneficial ownership: 365,670.25 Class A shares held directly.
No derivative securities were exercised or disposed of, and no other insiders are referenced in this filing.