Serve Robotics SEC Filings

Serve Robotics Inc. (SERV) Form 4: Chief Financial Officer Brian Read reported the sale of 10,195 shares of Serve Robotics common stock on 08/18/2025 at a weighted average price of $9.823 per share, with individual trade prices ranging from $9.82 to $9.85. Following the reported transactions, the reporting person beneficially owned 383,479 shares. The Form 4 was filed as an individual filing and signed by an attorney-in-fact, Jongmin Char, on 08/18/2025. The filing includes an offer to provide transaction-level detail on request.

Form 144 notice for Serve Robotics, Inc. (SERV) reports a proposed sale of 10,195 common shares through Raymond James & Associates with an aggregate market value of $100,114.90, and lists the company's total shares outstanding as 59,880,000. The securities to be sold were acquired through RSU grants that vested on 04/29/2025, 05/29/2025, and 06/29/2025, totaling 10,195 shares, and the planned sale date is 08/18/2025 for cash. The filing also discloses multiple common-share sales by the same person, Brian Read, between 05/02/2025 and 08/05/2025, totaling several transactions with listed gross proceeds. The filer attests there is no undisclosed material adverse information.

Serve Robotics Inc. disclosed transaction terms in an 8-K showing the company will pay up to 1,696,069 shares of its common stock as upfront consideration (including assumed vested in-the-money options), plus a future earnout of up to 560,000 shares tied to specified autonomy performance milestones. The company also issued warrants to purchase 4,000,000 shares at an exercise price of $10.36 per share, which equals the 10-day volume-weighted average price prior to closing. Exhibits include the Common Stock Purchase Warrant dated August 15, 2025 and a press release dated August 18, 2025. The filing is signed by CFO Brian Read.

Serve Robotics Inc. (SERV) Form 4 filing: On 08/05/2025 Chief Software & Data Officer Anthony Armenta sold 2,915 common shares at $10.68 per share (transaction code “S”). The sale was executed to cover tax-withholding obligations stemming from the settlement of vested restricted stock units (RSUs). Following the sale, Armenta retains 612,664 directly held shares, indicating he disposed of roughly 0.5 % of his reported ownership. No derivative transactions were reported and the filing contains no additional share acquisitions or option exercises.

The transaction is relatively small in absolute and percentage terms and was disclosed within two business days, in line with SEC Rule 16a-3 requirements. Because the sale was for tax purposes rather than open-market profit taking, market impact is expected to be limited. Nonetheless, investors often view insider sales, even administrative ones, as a modest negative signal.

Serve Robotics Inc. (SERV) – Form 4 insider transaction. On 5 Aug 2025, Chief Hardware & Manufacturing Officer Euan Abraham reported the sale of 2,130 common shares at an indicated price of $10.64 per share. The sale was executed solely to cover tax-withholding obligations arising from the vesting and settlement of previously awarded RSUs, as noted in the footnote.

Following the transaction the executive continues to hold 273,055 shares, maintaining a sizeable direct stake. The filing involves no derivative securities and discloses no additional purchases or dispositions.

Given the limited size of the sale (≈0.8 % of the reported holding) and its administrative purpose, the event is judged neutral for valuation; it does not signal a strategic change or materially alter insider ownership.

Serve Robotics Inc. (SERV) filed a Form 4 on 08/06/2025 disclosing that President & COO and director Touraj Parang sold 5,565 shares of common stock on 08/05/2025 at $10.64 per share. The transaction was coded “S” (open-market sale) and is explicitly described as a sale to satisfy tax-withholding obligations linked to recently vested RSUs. No derivative securities were involved.

Following the sale, Parang’s direct ownership stands at 1,419,106 shares, implying the disposal represents roughly 0.4 % of his stake. There were no additional acquisitions, option exercises, or indications of a 10b5-1 trading plan. The filing is routine and does not alter control dynamics at the company.