BROWN MICHAEL MAURICE 4
4 · ServiceTitan, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
ServiceTitan (TTAN) Director Michael Brown Receives RSU Award
What Happened Michael Maurice Brown, a member of ServiceTitan's board of directors, received an award of 3,046 restricted stock units (RSUs) on June 17, 2026. The RSUs were reported at $0.00 per share (standard for equity awards) and represent a contingent right to receive one share of ServiceTitan Class A common stock per RSU if vesting conditions are met. The award vests in full on September 15, 2027, subject to Brown’s continued service on the board.
Key Details
- Transaction date: 2026-06-17; Report filed: 2026-06-18 (timely).
- Transaction type/code: Award/Grant (A).
- Quantity and reported price: 3,046 RSUs @ $0.00; reported value $0.
- Vesting: All RSUs vest on September 15, 2027, contingent on continued board service (see footnote F1).
- Shares owned after transaction: Not disclosed in this filing (this entry reports the RSU grant only).
- Notable footnotes: F1 explains RSU terms/vesting. Other footnotes (F10–F12, etc.) in the filing relate to holdings/disclaimers for Battery Ventures entities and do not change the nature of this director award.
- Exhibit: Exhibit 24 — Power of Attorney included.
Context This was a compensation grant (RSUs) to a non-employee director — a routine form of director pay rather than an open-market purchase or sale. Awards like this do not necessarily signal immediate bullish or bearish sentiment because they vest over time and are contingent on continued service. For investors, outright purchases (P) typically carry more direct information about an insider’s market view than routine grants (A).
Insider Transaction Report
Form 4
BROWN MICHAEL MAURICE
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-17+3,046→ 75,001 total
Holdings
- 20,472(indirect: By Trust)
Class A Common Stock
[F2][F3][F4] - 20,371(indirect: By Battery Investment Partners Select Fund I, L.P.)
Class A Common Stock
[F5] - 48,890(indirect: By LLC)
Class A Common Stock
[F6][F7] - 205,999(indirect: By Battery Ventures Select Fund I, L.P.)
Class A Common Stock
[F8] - 1,096,393(indirect: By Battery Ventures XI-A Side Fund, L.P.)
Class A Common Stock
[F6][F9] - 1,055,305(indirect: By Battery Ventures XI-A, L.P.)
Class A Common Stock
[F6][F10] - 237,743(indirect: By Battery Ventures XI-B Side Fund, L.P.)
Class A Common Stock
[F6][F11] - 278,827(indirect: By Battery Ventures XI-B, L.P.)
Class A Common Stock
[F6][F12]
Footnotes (12)
- [F1]Represents an award of restricted stock units ("RSUs") granted pursuant to the Issuer's non-employee director compensation program. The RSUs will vest in full on September 15, 2027, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F10]The reported securities are held directly by Battery Ventures XI-A, L.P. ("BV XI-A"). The sole general partner of BV XI-A is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F11]The reported securities are held directly by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF"). The sole general partner of BV XI-B SF is BP XI SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BP XI SF. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F12]The reported securities are held directly by Battery Ventures XI-B, L.P. ("BV XI-B"). The sole general partner of BV XI-B is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F2]The securities held by the Reporting Person prior to the transaction reported herein reflect the receipt of securities pursuant to pro rata distributions in kind, effected by each of Battery Partners XI, LLC ("BP XI") and Battery Partners XI Side Fund, LLC ("BP XI SF") to its members for no additional consideration, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
- [F3]The securities held by the Reporting Person prior to the transaction reported herein reflect the receipt of securities pursuant to a pro rata distribution in kind, effected by Battery Investment Partners XI, LLC ("BIP XI") to its members for no additional consideration, including the Reporting Person. The receipt of such securities by the Reporting Person constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
- [F4]Securities are held by an irrevocable GST trust, of which the Reporting Person's spouse is a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
- [F5]The reported securities are held directly by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I"). The Reporting Person is a managing member of BP Select I and may be deemed to share voting and dispositive power over the securities held by BP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F6]The securities reported give effect to a pro rata distribution in kind by the stockholder effected subsequent to the Reporting Person's most recent Section 16 filing, which constituted a change in form of the Reporting Person's ownership and, therefore, was not required to be reported pursuant to Section 16.
- [F7]The reported securities are held directly by Battery Investment Partners XI, LLC ("BIP XI"). The sole managing member of BIP XI is Battery Partners XI, LLC ("BP XI"). The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F8]The reported securities are held directly by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. whose sole general partner is BP Select I. The Reporting Person is a managing member of BP Select I and may be deemed to share voting and dispositive power over the securities held by BP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F9]The reported securities are held directly by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). The sole general partner of BV XI-A SF is Battery Partners XI Side Fund, LLC ("BP XI SF"). The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BP XI SF. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Signature
/s/ Travis Shrout, Attorney-in-Fact|2026-06-18