Griffith William J.G. 4
Research Summary
AI-generated summary
ServiceTitan (TTAN) 10% Owner William J.G. Griffith Sells Shares
What Happened
William J.G. Griffith, reported as a 10% owner of ServiceTitan (TTAN), sold a total of 94,615 shares in open‑market transactions on June 22–23, 2026. The sales generated approximately $6,001,192 in proceeds. Individual reported lots: 85 shares at $63.01 ($5,356); 115 shares at $63.01 ($7,246); 39,739 shares at a weighted $63.42 ($2,520,136); 53,295 shares at a weighted $63.42 ($3,379,820); 590 shares at $64.18 ($37,867); and 791 shares at $64.18 ($50,767). These were disposals (sales), not purchases.
Key Details
- Transaction dates: June 22–23, 2026; Form 4 filed June 24, 2026 (timely filing).
- Price info: reported prices are weighted averages; actual execution prices ranged roughly from $63.00 up to $64.275 across multiple trades.
- Shares sold: 94,615 total; total proceeds ≈ $6.00 million.
- Shares owned after transaction (per footnote): 3,046 RSUs issuable + 357,924 shares held via family/estate planning trusts = 360,970 shares (the filing also includes customary disclaimers regarding beneficial ownership).
- Notable footnotes: weighted‑average pricing disclosures; ownership is at least partly through trusts and RSUs; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- Transaction type: open‑market sales (code S).
Context
- These were outright sales in the open market (routine dispositions), not option exercises or gifts. Sales by large holders or 10% owners are informative about supply but are not, by themselves, a definitive indicator of company prospects.
- The filing shows weighted average prices because the shares were sold in multiple executions; exact per‑trade breakdowns can be provided to the SEC on request.