O'Connor Michele 4

What Happened Michele O'Connor, Chief Accounting Officer of ServiceTitan, sold a total of 5,154.25 shares in multiple open-market transactions on March 18, 2026, generating approximately $360,076 in proceeds. The Form 4 reports a weighted-average price of $69.86; the sales were executed as disposals (transaction code "S") and were identified as sell-to-cover transactions to satisfy tax withholding tied to the vesting of restricted stock units.

Key Details

• Transaction date: March 18, 2026 (Filed March 19, 2026 — timely).
• Totals: 5,154.25 shares sold for total proceeds of $360,076 (individual lots reported as: 1,463.25 for $102,223; 2,339 for $163,403; 791.5 for $55,294; 271.5 for $18,967; 112 for $7,824; 177 for $12,365).
• Reported weighted-average price on the form: $69.86. Footnotes indicate the sales occurred in multiple trades at prices ranging across tranches from $68.33 up to $74.16; the filer can provide per-trade price breakdowns on request (see F2–F7).
• Footnote F1: These sales were mandated to satisfy the reporting person’s tax withholding obligation in connection with RSU vesting (sell-to-cover), not discretionary market sells.
• Shares owned after the transaction: Not specified in this Form 4.
• Filing timeliness: Reported the next day (appears timely). No 10% owner or 10b5-1 plan noted in the filing.

Context Sell-to-cover transactions are routine when restricted stock units vest and employers require tax withholding; they do not necessarily indicate the insider’s view on the company’s prospects. For retail investors, purchases by executives tend to carry more signaling value; here the filing documents a tax-driven disposal rather than a voluntary, strategic sale.