Deeter Byron B 4

What Happened
Byron B. Deeter, listed as a 10% owner and a partner at Bessemer Venture Partners, received a grant of 3,046 restricted stock units (RSUs) from ServiceTitan (TTAN) on 2026-06-17. The RSUs were granted at $0.00 (no cash paid) and represent a contingent right to receive one share of Class A common stock per RSU when vested. This is a compensation award (not an open‑market purchase or sale) rather than a trading signal.

Key Details

• Transaction date: 2026-06-17; Form 4 filed 2026-06-18 (timely).
• Grant: 3,046 RSUs at $0.00 (transaction code A). Total present cash value at grant: $0.
• Vesting: Includes 1,891 RSUs that vest in full on Sept 15, 2026; remaining RSUs vest in full on Sept 15, 2027.
• Assignment: Deeter agreed to assign any RSUs or shares/proceeds to Deer Management Co. LLC (DMC).
• Ownership disclosure: Footnotes show certain Bessemer funds hold large blocks of Class A shares; Deeter is a partner with an indirect, passive economic interest and disclaims beneficial ownership of funds’ securities except for any pecuniary interest. The filing does not state Deeter’s total shares beneficially owned after this grant.
• Filing status: Timely (no late filing flag).

Context
RSUs are a form of equity compensation that convert to shares only upon vesting; they do not involve cash outlay at grant and do not indicate an immediate buy/sell decision. The assignment to DMC and Deeter’s partner role at Bessemer mean these awards may be managed or held via affiliated entities rather than representing direct, retail-style insider buying.