ServiceTitan (TTAN) director awarded 3,046 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hsu William Wei-Liang reported acquisition or exercise transactions in this Form 4 filing.
ServiceTitan, Inc. director William Wei-Liang Hsu received an equity award in the form of restricted stock units. He was granted 3,046 RSUs, each representing a contingent right to receive one share of Class A Common Stock with no cash purchase price. The RSUs vest in full on September 15, 2027, if he continues serving on the board through that date. After this award, his reported direct holdings of Class A Common Stock are 4,937 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hsu William Wei-Liang
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,046 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,937 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 3,046 units
Post-grant holdings: 4,937 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
3,046 units
Restricted stock units tied to Class A Common Stock
Post-grant holdings
4,937 shares
Class A Common Stock held directly after the transaction
Grant price per share
$0.00 per share
RSU award under non-employee director compensation program
RSU vesting date
September 15, 2027
Vest in full if board service continues through this date
Key Terms
restricted stock units, RSUs, non-employee director compensation program
3 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs") granted pursuant to the Issuer's non-employee director compensation program."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
non-employee director compensation program financial
"RSUs granted pursuant to the Issuer's non-employee director compensation program."
FAQ
What did ServiceTitan (TTAN) director William Hsu report in this Form 4?
William Hsu reported receiving 3,046 restricted stock units of ServiceTitan Class A Common Stock as a compensation award. These units are part of the company’s non-employee director compensation program and increase his reported direct holdings to 4,937 shares after the award.
How many ServiceTitan (TTAN) RSUs were granted to director William Hsu?
William Hsu was granted 3,046 restricted stock units tied to ServiceTitan Class A Common Stock. Each RSU represents a right to receive one share in the future, subject to vesting conditions based on his continued service on the company’s board of directors.
When do William Hsu’s ServiceTitan (TTAN) RSUs vest?
William Hsu’s 3,046 restricted stock units are scheduled to vest in full on September 15, 2027. Vesting is conditioned on his continued service on ServiceTitan’s board of directors through that date, meaning shares are not deliverable until the vesting requirement is met.
What are William Hsu’s reported ServiceTitan (TTAN) holdings after this grant?
After the reported RSU award, William Hsu’s direct holdings of ServiceTitan Class A Common Stock total 4,937 shares. This figure reflects the position reported in the Form 4’s non-derivative securities table immediately following the 3,046-share grant transaction.
How is the ServiceTitan (TTAN) RSU grant structured for William Hsu?
The grant consists of 3,046 RSUs under ServiceTitan’s non-employee director compensation program. Each unit converts into one share of Class A Common Stock upon vesting, which is scheduled for September 15, 2027, conditional on his continued board service until that date.