4Filed Sep 20, 8:00 PM ET
ServiceTitan (TTAN) CAO Michele O'Connor Sells Shares
$TTAN · ServiceTitan, Inc.Research Summary
AI-generated summary of this SEC filing
ServiceTitan (TTAN) CAO Michele O'Connor Sells Shares
What Happened
Michele O'Connor, Chief Accounting Officer of ServiceTitan (TTAN), disposed of 5,581.25 shares on 2026-09-17 at $57.07 per share, generating proceeds of $318,522. The transaction was a sale to satisfy tax withholding obligations tied to the vesting of restricted stock units, not a discretionary open-market sell for investment purposes.
Key Details
- Transaction date and price: 2026-09-17, 5,581.25 shares at $57.07 each (total ≈ $318,522).
- Transaction type: Sale (reported as "S"); footnote F1 states this was a mandated "sell to cover" for tax withholding.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date vs. transaction date: Form filed 2026-09-21 (4 days after the transaction). Form 4s are generally due within 2 business days, so this filing appears to be later than the standard reporting window.
Context
A "sell-to-cover" sale is a routine administrative transaction where shares are sold to pay taxes on vested restricted stock units. These sales are required under the issuer's equity plan and footnoted as such (F1), so they generally do not reflect the insider's view of the company's prospects.