Cabral Timothy S 4

What Happened

• Timothy S. Cabral, a director of ServiceTitan, Inc. (TTAN), was granted 3,046 restricted stock units (RSUs) on June 17, 2026. The Form 4 reports the acquisition as an award (code A) at a $0 per-share acquisition price (typical for RSU grants).
• The RSUs are a contingent right to receive one share of Class A common stock per RSU and will vest in full on September 15, 2027, only if Cabral remains on the board through that date.

Key Details

• Transaction date: June 17, 2026; Filing date: June 18, 2026 (filed timely).
• Security: 3,046 RSUs; reported acquisition price: $0.00 (grant).
• Vesting: All RSUs vest on September 15, 2027, contingent on continued board service (see footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/exhibits: Footnote clarifies RSU terms; Exhibit 24 = Power of Attorney.

Context

• RSU grants are compensation awards, not open-market purchases or sales. They do not result in immediate share ownership until vested and converted to stock, and they don't necessarily signal a buy/sell decision by the insider.
• For retail investors, RSU awards are routine director compensation and should be interpreted as part of pay practices rather than direct market sentiment.