Form 4: ServiceTitan President Converts, Gifts Shares

ServiceTitan President Vahe Kuzoyan converted Class B shares to Class A and subsequently gifted a portion of Class A shares from a family trust.

Summary

• Vahe Kuzoyan, President and Director of ServiceTitan, Inc., reported transactions involving the company's Class A and Class B Common Stock.
• On December 30, 2025, 9,700 shares of Class B Common Stock held indirectly by the K-A Family Trust dated December 6, 2021, were converted into an equal number of Class A Common Stock.
• Immediately following the conversion, the K-A Family Trust gifted these 9,700 shares of Class A Common Stock to a donor advised fund.
• The conversion and gift transactions were reported with a price of $0, indicating no monetary exchange for these specific actions.
• Following these transactions, the K-A Family Trust's direct beneficial ownership of Class A Common Stock from this specific transaction is 0, but it still holds a significant number of convertible Class B shares.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction involving a conversion and a gift to a donor-advised fund. While a gift reduces beneficial ownership, it is often seen as a positive philanthropic act and does not indicate negative sentiment towards the company. The overall impact on the company's fundamentals or stock price is neutral to slightly positive due to the philanthropic aspect.

Positives

• The gift to a donor advised fund indicates philanthropic activity by a key executive.

Negatives

• The gift of shares reduces the executive's indirect beneficial ownership of Class A common stock, though it represents a small percentage of total holdings.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook, as it is solely focused on reporting insider transactions.

Industry Context

This filing reports an insider transaction and does not provide information directly related to broader industry trends or competitors. It reflects an individual executive's share management and philanthropic activities.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Minor reduction in indirect beneficial ownership of Class A shares by a key executive due to a gift, but overall beneficial ownership remains substantial. The philanthropic act could be viewed positively.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific transaction.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where a key executive converted Class B shares to Class A and subsequently gifted a portion of those Class A shares to a donor-advised fund. Such transactions, particularly gifts for philanthropic purposes, are generally not indicative of a change in the company's fundamental outlook or the executive's long-term commitment. While the beneficial ownership of Class A shares decreased slightly due to the gift, the executive retains substantial holdings of convertible Class B shares. Therefore, this filing alone does not provide sufficient new information to warrant a change in investment recommendation; a 'hold' stance is maintained, pending further operational or financial updates.

Keywords

ServiceTitan, TTAN, Form 4, Insider Transaction, Stock Conversion, Share Gift, Vahe Kuzoyan, Class A Common Stock, Class B Common Stock, Beneficial Ownership