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TTANServiceTitan, Inc. · Insider ownership research

ServiceTitan, Inc. insiders sold $79.4M in the past 12 months. How much of their stake is that?

About 4.2% overall. As a group they still hold 97% of their starting shares.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 165 of the 311 other companies we can measure (#147 of 312)See ranking
0
buyers among officers and directors, past 12 months
86%
of sales were under disclosed trading plans, past 12 months
5 of 10
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Sep 23, 2026Michele O'Connor sold 4.4K shares ($269K) with no plan disclosed. That is 6.6% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Michele O'Connor
Chief Accounting Officer
4,380$61.356.6%62KSep 23, 2026Sep 23, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Sep 17, 20264 executives sold 35K shares ($2.0M) to cover taxes on vesting stock. That is between under 0.1% and 7.8% of each person's total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Sherry
Chief Financial Officer
23,246$57.076.0%363KSep 17, 2026Sep 21, 2026
Michele O'Connor
Chief Accounting Officer
5,581$57.077.8%66KSep 17, 2026Sep 21, 2026
Vahe Kuzoyan
President, Director
3,148$57.07under 0.1%10.20MSep 17, 2026Sep 21, 2026
Ara Mahdessian
Chief Executive Officer, Director
3,148$57.07under 0.1%8.71MSep 17, 2026Sep 21, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Not enough history to compare: fewer than three earlier years of filings. Year by year
Latest filing: Filed Sep 23 for a sale on Sep 23. Michele O'Connor sold 4.4K shares ($269K) with no plan disclosed. Filing
67 SEC ownership filings in the period · See the evidence

What stands out

Two officers sold more than 25% of vested holdings: David Sherry (26% of holdings, $6.7M, 23% under a disclosed plan) and Michele O'Connor (47% of holdings, $3.1M, none under a disclosed plan).David Sherry: largest sale, Sep 17, 2026 · Michele O'Connor: largest sale, Jun 9, 2026
Byron Deeter sold $1.1M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Jun 24, 2026

Percentages cover 8 of 10 officers and directors. Left out: Michael Brown (holdings couldn't be fully reconciled); Byron Deeter (most of their shares vested during the period, so a percentage would mislead). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Ara Mahdessian
Chief Executive Officer, Director
5.1% · $44.5M98% planned
Vahe Kuzoyan
President, Director
2.5% · $23.9M96% planned
David Sherry
Chief Financial Officer
26% · $6.7M23% planned
Michele O'Connor
Chief Accounting Officer
47% · $3.1MNo plan disclosed
Byron Deeter
Director
No bar: most of their shares vested during the period, so a percentage would mislead.
$1.1MNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
Oct 2025: $8.0M under a disclosed planOctNov 2025: $8.7M under a disclosed planNovDec 2025: $17.6M under a disclosed planDec 2025: $2.0M to cover taxesDec 2025: $261K no plan disclosedDecJan 2026: $9.5M under a disclosed planJanFebMar 2026: $2.0M to cover taxesMarApr 2026: $295K no plan disclosedAprMayJun 2026: $2.1M to cover taxesJun 2026: $1.8M no plan disclosedJunJul 2026: $4.4M under a disclosed planJul 2026: $397K no plan disclosedJulAug 2026: $19.9M under a disclosed plan$19.9MAugSep 2026: $2.0M to cover taxesSep 2026: $269K no plan disclosedSepOct

Outside holders, reported separately

Bessemer Venture Partners VIII L.P. sold $4.2M, ICONIQ STRATEGIC PARTNERS II, L.P. sold $6.0M and William Griffith (for the outside shareholder represented on the board) sold $6.0M in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the ServiceTitan, Inc. CEO selling stock?

Yes. Ara Mahdessian sold 471K shares ($44.5M, 5.1% of starting holdings) in the past 12 months, 98% of it under a trading plan disclosed in the filings.

Why are ServiceTitan, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 86% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 10% were to cover taxes and 4% had no disclosed plan. A trading plan schedules sales in advance.

Are any ServiceTitan, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did ServiceTitan, Inc. insiders sell?

About 4.2% overall. As a group they still hold 97% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Ara Mahdessian
Chief Executive Officer, Director
$44.5M
471K shares
5.1%98% under a disclosed plan
Vahe Kuzoyan
President, Director
$23.9M
258K shares
2.5%96% under a disclosed plan
David Sherry
Chief Financial Officer
$6.7M
90K shares
26%23% under a disclosed plan
Michele O'Connor
Chief Accounting Officer
$3.1M
45K shares
47%No plan disclosed
Byron Deeter
Director
$1.1M
18K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
No plan disclosed

Board members representing outside shareholders, reported separately: William Griffith (the shareholder sold $6.0M), Byron Deeter, Michael Brown. Details

Outside holder, reported separately: Bessemer Venture Partners VIII L.P. (a 10% owner, not part of management). Sold $4.2M (41K shares) from Oct 9, 2025 to Oct 10, 2025. Holds 22.15M shares. Latest filing

Outside holder, reported separately: ICONIQ STRATEGIC PARTNERS II, L.P. (a 10% owner, not part of management). Sold $6.0M (95K shares) from Jun 22, 2026 to Jun 23, 2026. Latest filing

The full ownership picture9 of 10 insiders fully reconciled · 10 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Vahe Kuzoyan
i
Includes unvested RSUs, amount not disclosed. Some sales match sales reported by Ara Mahdessian exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
President, Director
10.47M−258K10.20M97%
Vesting, gifts, unvested awards and holding lines for Vahe Kuzoyan
0shares vested or exercised
−9.7Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Some sales match sales reported by Ara Mahdessian exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock02
K-A Family Trust dated December 6, 2021Class A Common Stock00
Direct
includes unvested RSUs, amount not disclosed
Class B Common Stock3,505,9093,378,578
K-A Family Trust dated December 6, 2021Class B Common Stock5,513,0655,372,245
RA 2024 GRATClass B Common Stock371,082267,716
VK 2024 GRATClass B Common Stock371,082267,716
RA 2025 GRATClass B Common Stock241,660241,660
VK 2025 GRATClass B Common Stock241,660241,660
RA Irrevocable Nonexempt TrustClass B Common Stock113,263113,263
VK Irrevocable Nonexempt TrustClass B Common Stock113,263113,263
SpouseClass B Common Stock23
RA 2025-2 GRATClass B Common Stock0103,365
VK 2025-2 GRATClass B Common Stock0103,365

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,022,029$12.72Dec 8, 2030$49.7M
170,338$12.72Dec 8, 2030$8.3M

Estimate: options held × ($61.35 − strike price), using the most recent insider trade price on Form 4 (Sep 23, 2026), not a market close.

Ara Mahdessian
i
Minor difference of 270 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed. Some sales match sales reported by Vahe Kuzoyan exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Chief Executive Officer, Director
9.20M−471K8.71M95%
Vesting, gifts, unvested awards and holding lines for Ara Mahdessian
0shares vested or exercised
−19Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Some sales match sales reported by Vahe Kuzoyan exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock02
AMKE Trust dated February 1, 2019Class A Common Stock00
Direct
includes unvested RSUs, amount not disclosed
Class B Common Stock3,286,6833,262,614
AMKE Trust dated February 1, 2019Class B Common Stock4,683,0174,216,857
AM 2024 GRATClass B Common Stock429,0350
KE 2024 GRATClass B Common Stock429,0350
AM 2025 GRATClass B Common Stock185,36616,047
KE 2025 GRATClass B Common Stock185,36616,047
AM 2026 GRATClass B Common Stock0341,906
AM Irrevocable Nonexempt TrustClass B Common Stock087,128
SpouseClass B Common Stock02
KE 2026 GRATClass B Common Stock0341,906
KE Irrevocable Nonexempt TrustClass B Common Stock087,128
KE 2026-2 GRATClass B Common Stock0338,636

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,022,029$12.72Dec 8, 2030$49.7M
170,338$12.72Dec 8, 2030$8.3M

Estimate: options held × ($61.35 − strike price), using the most recent insider trade price on Form 4 (Sep 23, 2026), not a market close.

Reconciliation: minor difference of 270 shares. Difference is under 0.5% of holdings.

William Griffith
i
Minor difference of 149,052 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Shares held through ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series), ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series), ICONIQ Strategic Partners II, L.P and others belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Director
358K0510Kno sales
Vesting, gifts, unvested awards and holding lines for William Griffith
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Shares held through ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series), ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series), ICONIQ Strategic Partners II, L.P and others belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock357,924510,022

Reconciliation: minor difference of 149,052 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

David Sherry
i
Minor difference of 543 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.
Chief Financial Officer
348K−90K364K+4.5%
Vesting, gifts, unvested awards and holding lines for David Sherry
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock347,928363,511

Reconciliation: minor difference of 543 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Michele O'Connor
i
Includes unvested RSUs, amount not disclosed.
Chief Accounting Officer
94K−45K62K66%
Vesting, gifts, unvested awards and holding lines for Michele O'Connor
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock93,74961,715
Timothy Cabral
i
Includes unvested RSUs, amount not disclosed.
Director
15K018Kno sales
Vesting, gifts, unvested awards and holding lines for Timothy Cabral
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock14,73317,779

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
67,500$12.11Nov 19, 2029$3.3M

Estimate: options held × ($61.35 − strike price), using the most recent insider trade price on Form 4 (Sep 23, 2026), not a market close.

Michael Brown
!
Holdings couldn't be fully reconciled. A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: +60,753 shares on Jun 17, 2026 (Direct). See the filing Sales and other transactions for Michael Brown are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michael Brown
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Shares held through Battery Investment Partners Select Fund I, L.P, Battery Investment Partners XI, LLC, Battery Ventures Select Fund I, L.P and others belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.

Holdings couldn't be fully reconciled. A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: +60,753 shares on Jun 17, 2026 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock11,20275,001
TrustClass A Common Stock3,12720,472
Byron Deeter
i
Minor difference of 19,581 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares. An owner entity could not be identified from the footnotes. Shares held through 15 Angels II LLC, Bessemer Funds by virtue of his interest in, CASF belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Director
1.9K−18K3.8Knot meaningful
Vesting, gifts, unvested awards and holding lines for Byron Deeter
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.
  • An owner entity could not be identified from the footnotes.
  • Shares held through 15 Angels II LLC, Bessemer Funds by virtue of his interest in, CASF belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock01,891
Unresolved (see footnote)
includes unvested RSUs, amount not disclosed
Class A Common Stock1,8911,891

Reconciliation: minor difference of 19,581 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Ilya Golubovich
i
Includes unvested RSUs, amount not disclosed.
Director
1.9K04.9Kno sales
Vesting, gifts, unvested awards and holding lines for Ilya Golubovich
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock1,8914,937
William Hsu
i
Includes unvested RSUs, amount not disclosed.
Director
1.9K04.9Kno sales
Vesting, gifts, unvested awards and holding lines for William Hsu
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Class A Common Stock1,8914,937

9 of 10 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (5 exactly, 4 with a minor or footnoted difference). For 1 we show sales but not holdings; the ! icon on that row explains why. Percentages cover 8 of 10 officers and directors. Left out: Michael Brown (holdings couldn't be fully reconciled); Byron Deeter (most of their shares vested during the period, so a percentage would mislead). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$79.4M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $79.4M across 882,307 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($11.2M), including tax-related sales outside a plan.

No plan disclosed · $3.1M

Sales with no 10b5-1 plan and no tax reference in the filing. $1.9M of it is Michele O'Connor. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Michele O'Connor, Jun 9, 2026

Taxes

$8.1M of sales (10.3%) cite tax obligations in their footnotes. Example: Michele O'Connor, Sep 17, 2026

Charitable gifts · 29K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Ara Mahdessian
Chief Executive Officer, Director
471K$44.5M98%56%Oct 13, 2025 to Sep 17, 2026
Vahe Kuzoyan
President, Director
258K$23.9M96%30%Oct 9, 2025 to Sep 17, 2026
David Sherry
Chief Financial Officer
90K$6.7M23%8%Oct 20, 2025 to Sep 17, 2026
Michele O'Connor
Chief Accounting Officer
45K$3.1M0%4%Dec 9, 2025 to Sep 23, 2026
Byron Deeter
Director
18K$1.1M0%1%Jun 23, 2026 to Jun 24, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$8.0M$8.0M$0$0
Nov 2025$8.7M$8.7M$0$0
Dec 2025$19.9M$17.6M$2.0M$261K
Jan 2026$9.5M$9.5M$0$0
Feb 2026$0$0$0$0
Mar 2026$2.0M$0$2.0M$0
Apr 2026$295K$0$0$295K
May 2026$0$0$0$0
Jun 2026$3.9M$0$2.1M$1.8M
Jul 2026$4.8M$4.4M$0$397K
Aug 2026$19.9M$19.9M$0$0
Sep 2026$2.3M$0$2.0M$269K
Oct 2026$0$0$0$0
Board members representing outside shareholders (3)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
William Griffith
i
In-kind distributions to the fund's own investors are labeled as distributions, not sales. Some sales match sales reported by ICONIQ STRATEGIC PARTNERS II, L.P. exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Director
12.92M−95K11.27M87%
Vesting, gifts, unvested awards and holding lines for William Griffith
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • In-kind distributions to the fund's own investors are labeled as distributions, not sales.
  • Some sales match sales reported by ICONIQ STRATEGIC PARTNERS II, L.P. exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.
Held throughShare classOct 8, 2025Oct 8, 2026
ICONIQ Strategic Partners II, L.PClass A Common Stock3,603,2563,046,378
ICONIQ Strategic Partners II-B, L.PClass A Common Stock2,820,7902,384,842
ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series)Class A Common Stock1,484,2191,254,835
ICONIQ Strategic Partners III-B, L.PClass A Common Stock786,307664,785
ICONIQ Strategic Partners III, L.PClass A Common Stock735,893622,162
ICONIQ Strategic Partners V-B, L.PClass A Common Stock648,606594,405
ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series)Class A Common Stock605,872512,236
ICONIQ Strategic Partners V, L.PClass A Common Stock483,635443,221
ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST)Class A Common Stock247,163247,163
ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2)Class A Common Stock111,891111,891
ICONIQ Strategic Partners II, L.PCommon Stock1,392,9141,392,914
Byron Deeter
Director
9.00M09.00Mno sales
Vesting, gifts, unvested awards and holding lines for Byron Deeter
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
15 Angels II LLCClass A Common Stock9,003,5719,003,571
Bessemer Funds by virtue of his interest inClass A Common Stock00
Michael Brown
i
Minor difference of -1,374,748 shares. The difference is shares the fund distributed in kind to its own investors, not sales. In-kind distributions to the fund's own investors are labeled as distributions, not sales.
Director
4.32M02.94Mno sales
Vesting, gifts, unvested awards and holding lines for Michael Brown
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • In-kind distributions to the fund's own investors are labeled as distributions, not sales.
Held throughShare classOct 8, 2025Oct 8, 2026
Battery Ventures XI-A Side Fund, L.PClass A Common Stock1,651,1081,096,393
Battery Ventures XI-A, L.PClass A Common Stock1,589,2301,055,305
Battery Ventures XI-B, L.PClass A Common Stock419,902278,827
Battery Ventures XI-B Side Fund, L.PClass A Common Stock358,028237,743
Battery Ventures Select Fund I, L.PClass A Common Stock205,999205,999
Battery Investment Partners XI, LLCClass A Common Stock73,63848,890
Battery Investment Partners Select Fund I, L.PClass A Common Stock20,37120,371

Reconciliation: minor difference of -1,374,748 shares. The difference is shares the fund distributed in kind to its own investors, not sales.

William Griffith: 1.55M shares were distributed in kind to the fund's own investors. These are distributions, not sales.

Michael Brown: 1.37M shares were distributed in kind to the fund's own investors. These are distributions, not sales.

Is this normal? Selling year by yearNot enough history to compare

Not enough history to compare: fewer than three earlier years of filings.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
882K5$79.4M
Oct 8, 2025
1 year earlier · filings don't cover the whole year
507K5$55.4M
Oct 8, 2024
2 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2023
3 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2022
4 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty1 insider whose holdings couldn't be fully reconciled

Michael Brown: holdings couldn't be fully reconciled (difference of 78,098 shares). A footnote describes a transfer or distribution between related entities, but the amounts could not be matched to the balance change. Largest: +60,753 shares on Jun 17, 2026 (Direct). Filing, Jun 17, 2026

Footnote: "Represents an award of restricted stock units ("RSUs") granted pursuant to the Issuer's non-employee director compensation program. The RSUs will vest in full on September 15, 2027, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. | The securities held by the Reporting Person prior to the transaction reported herein reflect the receipt of securities pursuant to pro rata distributions in kind, effected by each of Battery Partners XI, "

Ara Mahdessian: minor difference of 270 shares. Difference is under 0.5% of holdings.

William Griffith: minor difference of 149,052 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

David Sherry: minor difference of 543 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Byron Deeter: minor difference of 19,581 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "AM 2026-2 GRAT" is treated as the same holder as "KE 2026-2 GRAT", because the old name was never reported again and the new one opened with the same balance (169,318 shares). Old name, new name

Inferred rename: "ICONIQ Strategic Partners II, L.P. (ST-2 Series)" is treated as the same holder as "ICONIQ Strategic Partners II, L.P", because the old name was never reported again and the new one opened with the same balance (5,097,608 shares). Old name, new name

Inferred rename: "15 Angels II LLC" is treated as the same holder as "After the sales, BVP VIII, BVP VIII Inst, 15 Angels and Cloud All Star Fund, L.P", because the old name was never reported again and the new one opened with the same balance (9,003,571 shares). Old name, new name

Inferred rename: the share class "Common Stock" is treated as the same class as "Class A Common Stock" on 41 holding lines, because the old title was never reported again on those lines and each balance carried over exactly. Example (Byron Deeter, 80,999 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology154 filings from SEC EDGAR, and how we read them

All 154 Forms 3, 4 and 5 filed for ServiceTitan, Inc. (SEC CIK 1638826) from Dec 11, 2024 to Sep 23, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (3)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Nina AchadjianDec 17, 2024No balance on record
TPG GP A, LLCDec 17, 20245,107,469 shares, last reported balance as of Dec 13, 2024
Nina AchadjianDec 17, 20241,967,972 shares, last reported balance as of Dec 13, 2024