ICONIQ STRATEGIC PARTNERS II, L.P. 4

What Happened
ICONIQ Strategic Partners II, L.P. (a reported 10% owner) distributed a total of 1,551,099 ServiceTitan (TTAN) Class A shares to its partners and related general partner interests on July 13, 2026. The distribution was made for no consideration (i.e., not sold for cash) and is reported as multiple "other disposition" items (transaction code J). Individual distributions reported: 556,878 (ICONIQ II), 435,948 (ICONIQ II-B), 229,384 (ICONIQ II ST), 93,636 (ICONIQ II ST2), 113,731 (ICONIQ III) and 121,522 (ICONIQ III-B). No trade price or cash value is reported.

Key Details

• Transaction date: July 13, 2026; reported on Form 4 for period ending July 13, 2026.
• Transaction type: Distribution to partners / other disposition (code J); price = N/A (no cash consideration).
• Aggregate shares distributed: 1,551,099 Class A shares.
• Shares owned after transaction: Not stated in this filing.
• Notable footnotes: Distributions made under exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act. Certain individuals (e.g., Divesh Makan, Matthew Jacobson) and related GP entities disclaim beneficial ownership except to the extent of any pecuniary interest. Some shares were received into trusts; beneficiaries disclaim beneficial ownership for Section 16 purposes.
• Filing notes: This Form 4 is part 2 of 2 (split due to SEC filing system limits); William J.G. Griffith is filing separately for his reported holdings.

Context
These were institutional distributions of shares to limited partners/GP entities, not open-market sales or purchases by company executives. Distributions for no consideration often reflect internal reallocation of ownership within a private-equity/venture structure and do not necessarily indicate buying or selling sentiment about the company. Retail investors should note this is not a cash sale by management and involves complex ownership/disclaimer language common for investment funds.