NASDAQ
2 days, 18 hours ago 
TTAN
Servicetitan, INC
Form 4: Bessemer Venture Partners Divests Over 225,000 ServiceTitan Shares
Bessemer Venture Partners, a 10% owner and director of ServiceTitan, Inc., sold 225,277 shares of Class A Common Stock across multiple transactions in late June 2025, realizing over $24 million.
Worse than expected
 
NASDAQ
2 days, 18 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director's Affiliated Funds Divest Over 225,000 Class A Common Shares
Funds affiliated with ServiceTitan, Inc. Director and 10% Owner Byron B. Deeter sold a total of 225,277 shares of Class A Common Stock across two transactions in late June 2025.
Worse than expected
 
NASDAQ
3 days, 17 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan President Converts Class B Shares and Sells for Tax Obligations
ServiceTitan President and Director Vahe Kuzoyan converted 25,208 Class B shares to Class A and subsequently sold all of them to cover tax withholding obligations related to RSU vesting.
NASDAQ
3 days, 17 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan CEO Executes Non-Discretionary Stock Sales for Tax Obligations
ServiceTitan's Chief Executive Officer, Ara Mahdessian, reported the conversion of Class B to Class A common stock and subsequent 'sell to cover' transactions to satisfy tax withholding obligations related to restricted stock unit vesting.
NASDAQ
3 days, 17 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan CFO Sells Shares to Cover Tax Obligations Following RSU Vesting
ServiceTitan's Chief Financial Officer, David Sherry, executed a non-discretionary sale of 16,630 Class A Common Stock shares at a weighted average price of $104.65 to satisfy tax withholding obligations related to the vesting of restricted stock units.
NASDAQ
6 days, 17 hours ago 
TTAN
Servicetitan, INC
Form 4: Bessemer Venture Partners Reduces Stake in ServiceTitan, Selling Over 137,000 Shares
Bessemer Venture Partners, a 10% owner and director of ServiceTitan, Inc. (TTAN), has reported the sale of 137,543 shares of Class A Common Stock across multiple transactions in late June 2025.
Worse than expected
 
NASDAQ
6 days, 17 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director's Affiliated Funds Divest Over 137,000 Class A Common Shares
Byron B. Deeter, a Director and 10% owner of ServiceTitan, Inc., reported that investment funds with which he is affiliated sold a total of 137,543 shares of the company's Class A Common Stock over two days in June 2025.
Worse than expected
 
NASDAQ
10 days, 19 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director Byron Deeter Receives Restricted Stock Unit Grant
ServiceTitan, Inc. Director and 10% Owner Byron B. Deeter was granted 1,891 restricted stock units (RSUs) as part of the company's non-employee director compensation program.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director Michael M. Brown Reports Acquisition of Restricted Stock Units and Extensive Indirect Holdings
ServiceTitan, Inc. Director Michael M. Brown has reported the acquisition of 1,891 restricted stock units and detailed his significant direct and indirect beneficial ownership of Class A Common Stock.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director William Hsu Granted 1,891 Restricted Stock Units
ServiceTitan, Inc. Director William Wei-Liang Hsu was granted 1,891 shares of Class A Common Stock in the form of Restricted Stock Units as part of the company's non-employee director compensation program.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director Ilya Golubovich Reports Significant RSU Grant
ServiceTitan, Inc. Director Ilya Golubovich has reported the acquisition of 1,891 shares of Class A Common Stock through a restricted stock unit grant as part of the company's non-employee director compensation program.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director Timothy Cabral Awarded 1,891 Restricted Stock Units
Timothy Cabral, a Director at ServiceTitan, Inc., was granted 1,891 restricted stock units as part of the company's non-employee director compensation program, vesting fully by September 15, 2026.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Chief Accounting Officer Sells Shares for Tax Obligations
Michele O'Connor, ServiceTitan's Chief Accounting Officer, sold 1,731.5 shares of Class A Common Stock on June 18, 2025, in a non-discretionary transaction to satisfy tax withholding obligations related to restricted stock unit vesting.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan CFO Sells Shares to Cover Tax Obligations from RSU Vesting
ServiceTitan's Chief Financial Officer, David Sherry, sold a portion of his Class A Common Stock to satisfy tax withholding obligations related to restricted stock unit vesting.
NASDAQ
10 days, 20 hours ago 
TTAN
Servicetitan, INC
8-K: ServiceTitan Stockholders Re-Elect Directors and Ratify Auditor at Annual Meeting
ServiceTitan, Inc. announced the successful election of three Class I directors and the ratification of PricewaterhouseCoopers LLP as its independent auditor during its Annual Meeting of Stockholders held on June 18, 2025.
NASDAQ
21 days, 16 hours ago 
TTAN
Servicetitan, INC
Form 4: Bessemer Venture Partners Divests 500,000 ServiceTitan Class A Common Shares
Bessemer Venture Partners, a 10% owner and director of ServiceTitan, Inc., reported the sale of 500,000 shares of Class A Common Stock for $102 per share.
Worse than expected
 
NASDAQ
21 days, 16 hours ago 
TTAN
Servicetitan, INC
Form 4: ServiceTitan Director and 10% Owner Reports Sale of Nearly 500,000 Shares Under Pre-Arranged Plan
Byron B. Deeter, a Director and 10% owner of ServiceTitan, Inc., reported the sale of 499,000 shares of Class A Common Stock by affiliated Bessemer Funds on June 10, 2025, under a pre-arranged trading plan.
NASDAQ
21 days, 19 hours ago 
TTAN
Servicetitan, INC
10-Q: ServiceTitan Reports Strong Revenue Growth and Improved Profitability in Q1 2025, Driven by Platform Expansion and Usage
ServiceTitan, Inc. announced a 27% increase in total revenue to $215.7 million for the three months ended April 30, 2025, alongside a significant improvement in net loss and gross margins, as the company continues to expand its end-to-end technology platform for the trades industry.
Better than expected
 
Capital raise
 
NASDAQ
21 days, 19 hours ago 
TTAN
Servicetitan, INC
Form 4: ICONIQ Strategic Partners Distributes Millions of ServiceTitan Class A Shares to Limited Partners
ICONIQ Strategic Partners, a significant shareholder and director group in ServiceTitan, Inc. (TTAN), has reported the distribution of over 1.5 million Class A Common Stock shares to its limited partners for no consideration.
NASDAQ
21 days, 19 hours ago 
TTAN
Servicetitan, INC
Form 4: ICONIQ Funds Distribute Over 1.5 Million ServiceTitan Class A Shares to Partners
Various ICONIQ investment funds, including ICONIQ Strategic Partners II and III, have distributed over 1.5 million shares of ServiceTitan Class A Common Stock to their respective limited and general partners for no consideration.
TTAN 
Servicetitan, INC 
NASDAQ

Form 4: Bessemer Venture Partners Divests 500,000 ServiceTitan Class A Common Shares

Sentiment:
 Insider Transaction Report
 12 June 2025 7:56 PM

Bessemer Venture Partners, a 10% owner and director of ServiceTitan, Inc., reported the sale of 500,000 shares of Class A Common Stock for $102 per share.

Worse than expected
  A significant sale of 500,000 shares by a 10% owner and director, Bessemer Venture Partners, could signal a lack of confidence or a strategic portfolio rebalancing, potentially leading to negative market perception. 

Summary
  • Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P., and 15 Angels II LLC (collectively, the "Bessemer Funds"), along with other related entities, reported the sale of ServiceTitan, Inc. (TTAN) Class A Common Stock.
  • On June 10, 2025, a total of 500,000 shares of Class A Common Stock were sold at a price of $102 per share.
  • Specifically, Bessemer Venture Partners VIII L.P. sold 221,596 shares, Bessemer Venture Partners VIII Institutional L.P. sold 266,502 shares, and 15 Angels II LLC sold 11,902 shares.
  • Following these sales, the Bessemer Funds and Cloud All Star Fund, L.P. collectively beneficially own 8,503,571 shares of Class A Common Stock.
  • Individual beneficial holdings after the sale are: Bessemer Venture Partners VIII L.P. with 3,767,626 shares, Bessemer Venture Partners VIII Institutional L.P. with 4,531,109 shares, 15 Angels II LLC with 202,366 shares, and Cloud All Star Fund, L.P. with 2,470 shares.
Sentiment

Score: 3

Explanation: The sale of a substantial number of shares by a significant insider and director typically indicates a negative sentiment or a strategic divestment, which can be viewed unfavorably by the market.

Negatives
  • A significant sale of 500,000 shares by a 10% owner and director, Bessemer Venture Partners, could be perceived negatively by the market, potentially signaling a lack of confidence or a strategic portfolio rebalancing.
Risks
  • Potential negative investor sentiment due to a significant insider sale by a 10% owner and director.
Future Outlook

NA

Industry Context

This filing is a standard insider transaction report (Form 4) and does not provide direct insights into broader industry trends or competitive landscape, focusing solely on the change in beneficial ownership by a significant investor.

Stakeholder Impact
  • Shareholders may interpret the significant insider sale as a negative signal regarding the company's future prospects or valuation, potentially impacting investor confidence and stock price.
Related Party Transactions
  • The filing details the relationships between the reporting entities: 15 Angels II LLC is a subsidiary of Bessemer Venture Partners VIII Institutional L.P.
  • Deer VIII & Co. L.P. is the general partner of Bessemer Venture Partners VIII L.P. and Bessemer Venture Partners VIII Institutional L.P.
  • Deer VIII & Co. Ltd. is the general partner of Deer VIII & Co. L.P.
  • Certain affiliates of the Bessemer Funds own a material interest in Cloud All Star Fund GP, LLC, the general partner of Cloud All Star Fund, L.P., which has voting and dispositive power over shares held by Cloud All Star Fund, L.P.
  • Byron Deeter, David Cowan, Jeremy Levine, Robert P. Goodman, Scott Ring, Sandra Grippo, and Robert M. Stavis are directors of Deer VIII & Co. Ltd. and hold voting and dispositive power for the Bessemer Funds, making investment and voting decisions as an investment committee.
Key Dates
  • 06/10/2025: Date of transaction (sale of Class A Common Stock by Bessemer Funds).
  • 06/12/2025: Date of filing and signature for the Form 4.
Keywords
SEC Form 4, insider trading, stock sale, beneficial ownership, ServiceTitan, TTAN, Bessemer Venture Partners, equity transaction, institutional investor
TTAN 
Servicetitan, INC 
NASDAQ
Sector: TBD
 
Filings with Classifications
Worse than expected
1 July 2025 5:42 PM
Insider Trading Report
  • A 10% owner and director, Bessemer Venture Partners, sold a substantial number of shares (225,277 shares) of ServiceTitan Class A Common Stock.
  • Insider selling, especially by a significant holder, is generally perceived as a negative signal by the market, suggesting that the insider may believe the stock is fully valued or that better investment opportunities exist elsewhere.
Worse than expected
1 July 2025 5:36 PM
Insider Transaction Report
  • Funds affiliated with a Director and 10% Owner, Byron B. Deeter, divested a substantial number of shares (225,277 shares) of ServiceTitan Class A Common Stock across two transactions. While the sales were by the funds and not directly by the individual, such significant sales by an affiliated entity of a major shareholder can be interpreted as a negative signal by the market.
Worse than expected
27 June 2025 7:08 PM
Insider Trading Report
  • The document details significant insider selling by Bessemer Venture Partners, a 10% owner and director of ServiceTitan, Inc. Insider selling is generally perceived as a negative signal by the market, suggesting that a key stakeholder is reducing their exposure to the company's stock.
Worse than expected
27 June 2025 7:05 PM
Insider Transaction Report
  • The sale of 137,543 shares by entities affiliated with a director and 10% owner is generally viewed as a negative signal by investors, suggesting a potential lack of confidence or a move to realize gains, which can put downward pressure on the stock price.
Worse than expected
12 June 2025 7:56 PM
Insider Transaction Report
  • A significant sale of 500,000 shares by a 10% owner and director, Bessemer Venture Partners, could signal a lack of confidence or a strategic portfolio rebalancing, potentially leading to negative market perception.
Capital raise
12 June 2025 4:49 PM
Quarterly Report
  • The company states, "We may be required to seek additional equity or debt financing."
  • It notes that future capital requirements will depend on various factors, including business challenges, product enhancements, infrastructure improvements, and potential acquisitions.
  • The company evaluates financing opportunities and acknowledges that obtaining additional financing on acceptable terms may not always be possible.
Better than expected
12 June 2025 4:49 PM
Quarterly Report
  • Revenue growth of 27% significantly outpaced the prior year's comparable period.
  • Net loss decreased by $9.7 million, indicating improved financial performance.
  • Gross profit increased by 40%, and gross margins improved across the board, reflecting operational efficiencies.
  • Net cash used in operating activities decreased, and non-GAAP free cash flow improved, showing better cash management.
  • Gross Transaction Volume (GTV) increased by $3.2 billion, and the net dollar retention rate remained strong at over 110%, indicating robust customer adoption and expansion.
Better than expected
5 June 2025 4:07 PM
Quarterly Financial Results
  • Total revenue grew 27% year-over-year to $215.7 million, exceeding the prior year's growth rate.
  • Non-GAAP income from operations significantly increased to $16.2 million from $3.3 million in the prior year, indicating substantial improvement in core profitability.
  • Non-GAAP operating margin improved to 7.5% from 1.9% year-over-year, reflecting enhanced operational efficiency.
  • GAAP loss from operations decreased to $(49.5) million from $(53.4) million, showing a reduction in overall losses.
  • Net cash used in operating activities improved to $(14.6) million from $(19.2) million, indicating a reduced cash burn.
Worse than expected
1 April 2025 9:28 PM
Annual Results
  • The company's net loss increased from $195.1 million in fiscal year 2024 to $239.1 million in fiscal year 2025.
Better than expected
13 March 2025 4:06 PM
Earnings Release
  • The company's revenue growth exceeded expectations, with a 29% increase in Q4 and a 26% increase for the full year.
  • Non-GAAP profitability improved significantly, with a shift from a loss to income from operations for both Q4 and the full year.
  • Net dollar retention remained high, indicating strong customer satisfaction and upselling opportunities.
Worse than expected
14 January 2025 5:10 PM
Quarterly Report
  • The net loss increased from $39.7 million to $46.5 million year-over-year.
Better than expected
13 January 2025 4:05 PM
Earnings Release
  • The company's non-GAAP income from operations turned positive, indicating improved profitability.
  • Net cash generated from operating activities significantly increased, showcasing better cash management.
  • Non-GAAP free cash flow improved, reflecting stronger financial health.
Worse than expected
10 December 2024 6:12 AM
S-1/A Filing
  • The company's loss from operations increased by approximately 20% to 26% for the three months ended October 31, 2024 compared to the three months ended October 31, 2023.
Capital raise
10 December 2024 6:12 AM
S-1/A Filing
  • ServiceTitan is conducting an initial public offering of its Class A common stock.
  • The company intends to use approximately $310.6 million of the net proceeds from this offering to redeem all outstanding shares of its non-convertible preferred stock.
  • The remaining net proceeds will be used for general corporate purposes, including working capital, operating expenses, and capital expenditures.
  • The company may also use a portion of the net proceeds to acquire or invest in businesses, products, services, or technologies.
Capital raise
3 December 2024 6:06 AM
S-1/A Filing
  • The company is conducting an initial public offering of shares of its Class A common stock.
  • The company plans to use approximately $310.6 million of the net proceeds from this offering to redeem all outstanding shares of its non-convertible preferred stock.
  • The remaining net proceeds will be used for general corporate purposes, including working capital, operating expenses and capital expenditures.
  • The company may also use a portion of the net proceeds to acquire or invest in businesses, products, services or technologies.
Worse than expected
3 December 2024 6:06 AM
S-1/A Filing
  • The company has a history of losses and may not be able to achieve or sustain profitability in the future.
Worse than expected
18 November 2024 11:01 AM
S-1 Filing
  • The company experienced a net loss of $195.1 million for fiscal year 2024, which is worse than expected for a company of this size.
Capital raise
18 November 2024 11:01 AM
S-1 Filing
  • ServiceTitan has filed an S-1 registration statement for its initial public offering.
  • The company intends to use approximately $ million of the net proceeds from this offering to redeem all outstanding shares of its non-convertible preferred stock.
  • The remaining net proceeds will be used for general corporate purposes, including working capital, operating expenses and capital expenditures.
  • The company may also use a portion of the net proceeds to acquire or invest in businesses, products, services or technologies.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.