$TTAN · ServiceTitan, Inc.
ServiceTitan CEO Ara Mahdessian exercised and immediately sold 3,148 shares at $57.07 for total proceeds of $179,642.09. The transaction was not executed under a 10b5-1 trading plan. Post-sale, Mahdessian holds just 2 shares directly.
- CEO Ara Mahdessian exercised and immediately sold 3,148 shares at $57.07 for $179,642.09 total proceeds.
- Post-transaction, Mahdessian holds only 2 shares directly — a near-total liquidation of direct holdings.
- The sale was not executed under a 10b5-1 trading plan, indicating a discretionary transaction.
- Mahdessian is both CEO and a director of ServiceTitan.
Stock is down 1.17% from filing-time price of $57.20 to $56.53 in after-hours. The near-total direct-share liquidation by the sitting CEO without a 10b5-1 plan is a red flag that may pressure the stock further when the market digests the filing.
A sitting CEO liquidating nearly all direct shares without a 10b5-1 plan is an unusual and potentially alarming signal for a recently public company.
_Not applicable._
CEO sold without a 10b5-1 plan and retains only 2 shares directly — this signals potential misalignment between leadership and public shareholders.
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