The styrenated sulfur- and phosphorus-free organic titanate (STAE) was synthesized via an in situ method with soybean oil, diethanolamine, and isopropyl titanate. The tribological and antioxidant behavior of the as-synthesized STAE as an additive in PAO was evaluated by a four-ball test, a rotary oxygen bomb test (ROBT), and differential scanning calorimetry (DSC), and its oxidative stability was estimated through thermogravimetric analysis (TGA). The as-synthesized STAE exhibits excellent antiwear and load-carrying capacities as well as good antiwear synergism with zinc dialkyldithiophosphate (ZDDP) in poly-alpha-olefin (PAO). STAE in PAO also showed good synergistic antioxidation effects with the traditional additive p,p-(dioctyldiphenylamine (DODPA). This is because STAE can effectively reduce the oxidation rate of DODPA, which was confirmed by the results of Fourier transform infrared spectroscopy (FTIR) and gas chromatography-tandem mass spectrometry (GC/MS).