Servicetitan SEC Filings

ServiceTitan, Inc. (TTAN) – Form 4 insider transaction

Chief Financial Officer David Sherry reported four sell transactions dated 26 June 2025 involving the company’s Class A common stock. The sales were executed under transaction code “S” and are expressly described as a mandatory “sell-to-cover” arrangement to satisfy tax-withholding obligations that arose when restricted stock units (RSUs) vested following the expiry of the IPO lock-up period. Therefore, they do not reflect discretionary portfolio decisions by the insider.

• Total shares sold: 16,630 (4,856 + 8,244 + 3,024 + 506)
• Weighted average price: $104.65, with actual trade ranges of $103.20-$106.57 as detailed in footnotes 2-5.
• Approximate gross proceeds: ~$1.74 million (16,630 × $104.65).
• Shares remaining under direct ownership: 368,678.25, indicating the CFO retains roughly 96% of his pre-sale holdings (≈385,308 shares).

The filing is routine for newly vested equity awards and does not signify a change in strategic outlook. Investors may note that the insider continues to hold a substantial stake, preserving alignment with shareholder interests, while the added float of 16,630 shares is immaterial relative to ServiceTitan’s total shares outstanding (not disclosed in this document).

ServiceTitan (NYSE:TTAN) Form 4 discloses that Bessemer Venture Partners-affiliated entities, a 10% owner, sold an aggregate 137,543 Class A shares on 25–26 Jun 2025 at weighted-average prices of $105.43–$106.20, realizing roughly $14.6 million in proceeds. The sales reduce their beneficial holding to 8,366,028 shares, a ≈1.6% decrease, yet the group remains a major shareholder.

Sales were open-market dispositions (code “S”) executed in multiple tranches within narrow price ranges; no Rule 10b5-1 plan was indicated. No derivative transactions or other material corporate changes were reported.

ServiceTitan Director and 10% Owner Byron B. Deeter reported significant dispositions of Class A Common Stock through affiliated Bessemer Venture Partners entities. The transactions occurred over two days:

• June 25, 2025: Bessemer funds collectively sold 12,543 shares: - BVP VIII: 5,559 shares - BVP VIII Institutional: 6,685 shares - 15 Angels II: 299 shares
• June 26, 2025: Larger disposition totaling 125,000 shares: - BVP VIII: 55,400 shares - BVP VIII Institutional: 66,625 shares - 15 Angels II: 2,975 shares

Deeter maintains an indirect interest through his partnership in Deer VIII & Co. L.P., the general partner of the Bessemer Funds. He retains 1,891 shares of Class A Common Stock from equity grants, though rights to these shares are assigned to Deer Management Co, LLC.

ServiceTitan, Inc. (symbol: TTAN) – Form 144 Notice of Proposed Sale

The filing discloses that venture-capital affiliates led by Bessemer Venture Partners plan to sell 62,961 Class A common shares through Merrill Lynch on or about 27 June 2025. Based on the broker-quoted market price, the proposed transaction is valued at $6.77 million. The company’s total shares outstanding are 77.27 million, so the indicated sale represents roughly 0.08 % of the float.

The same group has already disposed of shares in the last three months, totalling 637,543 shares for aggregate gross proceeds of $63.6 million. After including the new Form 144 amount, cumulative recent sales will reach about 700,500 shares, or 0.91 % of outstanding stock. All shares reported were originally acquired by private purchase on 20 March 2015.

No adverse, non-public information is acknowledged in the notice, and no insider is reported to have used non-cash consideration. The filing is procedural in nature, signaling intent rather than a completed trade, but it confirms ongoing monetisation by early investors. No operational or earnings metrics are provided in the document.

ServiceTitan has reported a Form 144 filing indicating a proposed sale of securities by Bessemer Venture Partners VIII L.P., a 10% stockholder. The filing details the planned sale of 52,353 shares of Class A Common stock through Merrill Lynch, with an aggregate market value of $5,578,735.68.

The securities were originally acquired through a private purchase from the company on March 20, 2015. Recent trading activity shows significant sales by Bessemer-affiliated entities over the past month:

• June 10, 2025: Combined sale of 500,000 shares for approximately $51 million
• June 25, 2025: Combined sale of 12,543 shares for about $1.32 million
• June 26, 2025: Combined sale of 125,000 shares for approximately $13.23 million

The proposed sale represents less than 1% of the total 5,770,464 shares outstanding and is scheduled for execution on the NASDAQ on June 27, 2025. The seller has certified no knowledge of undisclosed material adverse information regarding ServiceTitan's operations.

ServiceTitan insider 15 Angels II LLC, a 10% stockholder, has filed Form 144 indicating intent to sell 2,811 shares of Class A Common stock through Merrill Lynch, with an aggregate market value of $299,540.16. The sale is planned for June 27, 2025, on NASDAQ.

The shares were originally acquired through private placement on March 15, 2015. The filing reveals significant recent selling activity by affiliated entities in the past 3 months:

• Bessemer Venture Partners VIII entities and 15 Angels II LLC conducted multiple sales in June 2025
• Major transactions occurred on June 10, totaling over $50 million in gross proceeds
• Additional sales were executed on June 25-26, with combined proceeds exceeding $14 million

The seller has certified no knowledge of undisclosed material adverse information regarding ServiceTitan's operations. Total shares outstanding: 77,266,756.