Form 4: ServiceTitan CAO Sells Shares for Tax Obligations

ServiceTitan's Chief Accounting Officer, Michele O'Connor, sold 1,677.25 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Michele O'Connor, Chief Accounting Officer of ServiceTitan, Inc. (TTAN), sold a total of 1,677.25 shares of Class A Common Stock.
• The transactions occurred on December 17, 2025, at weighted average prices ranging from $102.31 to $108.91 per share.
• These sales were non-discretionary 'sell to cover' transactions, mandated by the company's equity incentive plans to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The sales were executed pursuant to a Rule 10b5-1(c) plan, indicating they were pre-arranged and not discretionary trades.
• Following these transactions, Michele O'Connor directly beneficially owns 89,570.75 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine, non-discretionary 'sell to cover' for tax obligations, which is a common event for executives receiving equity compensation and does not reflect a change in management's outlook on the company.

Negatives

• A minor reduction in direct insider ownership by 1,677.25 shares, though this is a routine, non-discretionary event.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it pertains solely to an insider transaction.

Industry Context

This transaction is a routine insider filing related to equity compensation and does not provide specific insights into broader industry trends or competitive positioning beyond the company's internal compensation practices.

Stakeholder Impact

• Shareholders: The impact on shareholders is negligible, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or management's confidence.

Key Dates

Recommendation

The transaction is a routine, non-discretionary 'sell to cover' for tax obligations related to restricted stock unit vesting. It does not indicate any change in the company's fundamentals or management's confidence, nor does it suggest a strategic shift. Therefore, it provides no new information to warrant a change in investment recommendation.

Keywords

ServiceTitan, TTAN, Michele O'Connor, Chief Accounting Officer, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Withholding, Equity Incentive Plan, 10b5-1 Plan