Form 4: ServiceTitan Director's Affiliates Sell Shares

Affiliates of ServiceTitan Director Byron B. Deeter sold a total of 8,916 Class A Common Stock shares over two days in December 2025 at an average price of $108.69.

Summary

• Byron B. Deeter, a Director and 10% Owner of ServiceTitan, Inc. (TTAN), reported sales of Class A Common Stock by affiliated entities.
• On December 17, 2025, Bessemer Venture Partners VIII L.P. ("BVP VIII"), Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst"), and 15 Angels II LLC ("15 Angels") sold a combined 4,287 shares of Class A Common Stock.
• These shares were sold at a weighted average price of $108.69, with individual transactions ranging from $108.50 to $108.94.
• On December 18, 2025, the same entities (BVP VIII, BVP VIII Inst, and 15 Angels) sold an additional 4,629 shares of Class A Common Stock.
• These shares were also sold at a weighted average price of $108.69, with individual transactions ranging from $108.50 to $108.75.
• The total number of shares sold across both days by these affiliated entities was 8,916.
• Following these sales, BVP VIII, BVP VIII Inst, 15 Angels, and Cloud All Star Fund, L.P. ("CASF") collectively own 2,665,721, 3,205,918, 143,183, and 189,399 shares of Class A Common Stock, respectively.
• Mr. Deeter disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in the Bessemer Funds.

Sentiment

Score: 5

Explanation: The filing is a factual report of insider-affiliated stock sales, which is a routine disclosure. It does not contain information that inherently suggests a positive or negative outlook for the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

This filing reports routine insider-affiliated transactions and does not provide information directly related to broader industry trends or competitive positioning.

Related Party Transactions

• The reported sales of Class A Common Stock were conducted by Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P., and 15 Angels II LLC, which are entities affiliated with Director and 10% Owner Byron B. Deeter.

Stakeholder Impact

• Shareholders: The sale of 8,916 shares by affiliated entities represents a minor dilution of ownership and is unlikely to have a significant impact on the overall shareholder base or stock price given the company's size.

Key Dates

Keywords

ServiceTitan, TTAN, Form 4, Insider Transaction, Stock Sale, Bessemer Venture Partners, Director, 10% Owner