Form 4: ServiceTitan Director Awarded RSUs
Statement of Changes in Beneficial Ownership
ServiceTitan, Inc. reports the grant of restricted stock units to Director Timothy S. Cabral as part of the non-employee director compensation program.
Summary
- Timothy S. Cabral, a Director at ServiceTitan, Inc., was granted 3,046 restricted stock units (RSUs) on June 17, 2026.
- These RSUs are part of the company's non-employee director compensation program.
- The RSUs will fully vest on September 15, 2027, provided Mr. Cabral continues to serve on the board.
- Each RSU represents a contingent right to receive one share of ServiceTitan's Class A Common Stock.
- Following this award, Mr. Cabral beneficially owns 17,779 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation event for a director rather than a significant financial or strategic development.
Positives
- Grant of RSUs to a director indicates a commitment to aligning director compensation with long-term shareholder value.
- The vesting schedule encourages continued service and engagement from the director.
- The award of 3,046 RSUs suggests a standard compensation practice for non-employee directors.
Risks
- The value of the RSUs is subject to the future performance and stock price of ServiceTitan, Inc.
- Vesting is contingent on continued service, meaning any departure before September 15, 2027, would result in forfeiture of the unvested portion.
Future Outlook
The RSUs granted will vest on September 15, 2027, contingent upon the reporting person's continued service on the Issuer's board of directors.
Industry Context
StockSavvy.ai notes that the grant of equity awards, such as RSUs, to non-employee directors is a common practice across the software and technology sector to incentivize long-term alignment with shareholder interests and company performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Program | Grant of Restricted Stock Units (RSUs) to a non-employee director under the established compensation program. | 06/17/2026 | Reinforces standard corporate governance practices for director compensation and alignment with company performance. |
| Power of Attorney | Timothy S. Cabral has executed a Power of Attorney, appointing several individuals to act on his behalf for SEC filings, including Forms 3, 4, 5, and Rule 144 notices. | 02/20/2026 | Facilitates efficient and timely compliance with regulatory reporting requirements for beneficial ownership and securities transactions. |
Related Party Transactions
- The grant of RSUs to Director Timothy S. Cabral is a related party transaction, as it involves compensation to a director.
Stakeholder Impact
- Shareholders: The RSU grant aligns director incentives with long-term shareholder value, but the ultimate impact depends on company performance.
- Directors: Confirms the existing compensation structure for non-employee directors.
- Employees: No direct impact, but reflects the company's approach to compensating its board.
Next Steps
- Timothy S. Cabral is expected to continue serving on the board of directors through September 15, 2027, for the RSUs to vest.
- The company will continue to operate under its non-employee director compensation program.
Key Dates
| Date | Description |
|---|---|
| 06/17/2026 | Transaction Date: Award of Restricted Stock Units (RSUs) to Timothy S. Cabral. |
| 09/15/2027 | Vesting Date: Full vesting of the granted RSUs, subject to continued service. |
| 02/20/2026 | Date of Power of Attorney document. |
| 06/17/2026 | Earliest transaction date reported on Form 4. |
| 06/18/2026 | Date of signature on Form 4. |
Keywords
ServiceTitan, TTAN, Form 4, SEC Filing, Restricted Stock Units, RSUs, Director Compensation, Equity Award, Beneficial Ownership, Timothy S. Cabral
Disclaimer: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.