ServiceTitan CEO Ara Mahdessian sold 40,579 shares of Class A common stock. The transactions generated approximately $6.1 million.
Mahdessian executed the sales on January 14 and 15, 2026, at varying prices. The activity occurred under a Rule 10b5-1 trading plan, which he adopted in April 2025. The transaction also required converting 32,000 Class B shares into Class A shares.
Investors closely monitor insider selling by a chief executive for insights into executive confidence in the company's outlook. The stock had experienced a decline in the days preceding the disclosure of these sales.