SCHEDULE 13G: Vahe Kuzoyan Discloses 9.8% Stake in ServiceTitan, Inc. Class A Common Stock

Vahe Kuzoyan, a U.S. citizen, has reported beneficial ownership of 9.8% of ServiceTitan, Inc.'s Class A Common Stock as of December 31, 2024, through a Schedule 13G filing.

Summary

• Vahe Kuzoyan, the Reporting Person, beneficially owns an aggregate of 8,282,107 shares of ServiceTitan, Inc.'s Class A Common Stock.
• This ownership represents 9.8% of the total Class A Common Stock outstanding as of December 31, 2024.
• The calculation is based on 76,537,855 shares of Class A Common Stock outstanding as of December 31, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed on January 14, 2025.
• The reported shares include 4,108,065 shares of Class A Common Stock issuable upon conversion of Class B Common Stock held directly by Mr. Kuzoyan.
• An additional 3,152,012 shares are included, issuable upon conversion of Class B Common Stock held in trusts over which Mr. Kuzoyan has investment discretion.
• The beneficial ownership also accounts for one share of Class A Common Stock issuable upon conversion of Class B Common Stock held by Mr. Kuzoyan's spouse.
• Furthermore, 1,022,029 shares of Class A Common Stock issuable upon conversion of Class B Common Stock underlying stock options exercisable on or within 60 days of December 31, 2024, are included.
• Mr. Kuzoyan holds sole voting power and sole dispositive power over 8,282,106 shares, with shared voting and dispositive power over 1 share.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a routine disclosure of beneficial ownership and does not inherently convey positive or negative sentiment, but rather transparency regarding a significant shareholder's stake.

Positives

• The filing provides transparency regarding significant insider ownership, which can align management and shareholder interests.
• A substantial stake held by a U.S. citizen indicates a vested interest in the company's long-term performance.

Future Outlook

This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Industry Context

This filing is a routine disclosure of a significant ownership stake by an individual, likely an insider, in a publicly traded company. It does not provide specific insights into broader industry trends or competitive dynamics, but rather confirms the ownership structure within the company.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership stake of a significant individual, potentially an insider, which can influence investor confidence and perception of alignment between management and shareholder interests.

Key Dates

Keywords

ServiceTitan, Vahe Kuzoyan, Schedule 13G, beneficial ownership, Class A Common Stock, SEC filing, insider ownership, equity stake