Form 144 signals intent to sell, not a guaranteed execution—monitor Form 4 filings to confirm actual sales. The VC exit is routine for a post-IPO position and unlikely to indicate negative company fundamentals. Watch for any additional 144 filings from other insiders that could signal broader selling.
Price Chart
Executive Summary
Bessemer Venture Partners VIII L.P. files Form 144 to sell 220,000 shares of ServiceTitan (TTAN) worth approximately $15.7 million. As a pre-IPO venture capital affiliate, this is likely a routine portfolio liquidation, not an operating insider trade. The sale represents a modest 0.27% of shares outstanding and is not expected to materially move the stock.
Key Facts
- Bessemer Venture Partners VIII L.P., an affiliate shareholder, intends to sell 220,000 shares of Class A Common Stock.
- Aggregate market value of proposed sale is $15,705,800 based on current market prices.
- Shares were acquired on March 15, 2015 via private placement for cash.
- Sale broker is Merrill Lynch; filing date June 11, 2026.
- Approximate shares outstanding: 82,610,069; sale represents ~0.27% of total.
Financial Impact
Up to $15.7 million in selling pressure, a manageable 0.23% of TTAN's $6.8B market cap.
Risk Factors
- Potential overhang if the sale signals a larger VC exit program; additional filings may follow.
- Pre-earnings quiet period could amplify negative sentiment if insider selling increases.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-042595 |
| Document: 0001628280-26-042595-index.html | 0001628280-26-042595 |
| Document: 0001628280-26-042595.txt | 0001628280-26-042595 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $78.26 | awaiting T+60 | — | $82.57 (+5.50%) |
Sep 23, 2026 4w ago | Insider Cluster | $59.98 | awaiting T+60 | — | $82.57 (−37.65%) |
Sep 21, 2026 5w ago | Insider Cluster | $61.56 | awaiting T+60 | — | $82.57 (−34.12%) |
Sep 17, 2026 5w ago | 144 | $55.04 | awaiting T+60 | — | $82.57 (+50.01%) |
Aug 17, 2026 10w ago | Insider Cluster | $91.11 | awaiting T+60 | — | $82.57 (−9.38%) |
Aug 13, 2026 10w ago | Insider Cluster | $90.40 | awaiting T+60 | — | $82.57 (−8.67%) |
Jul 16, 2026 14w ago | 144 | $76.00 $72.28 | ▼ −4.89% | ▼ −9.58% | $82.57 (+8.64%) |
Jul 16, 2026 14w ago | 144 / CLUSTER | $76.00 $72.28 | ▲ +4.89% | ▲ +9.58% | $82.57 (−8.64%) |
Jul 8, 2026 15w ago | Insider Cluster | $79.44 $67.09 | ▲ +15.55% | ▲ +17.93% | $82.57 (−3.93%) |
Jul 8, 2026 15w ago | Insider Cluster | $79.44 $67.09 | ▼ −15.55% | ▼ −17.93% | $82.57 (+3.93%) |
US Market Status
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