STOCK TITAN

SERV (SERV) Rule 144: Director notices resale of 5,993 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SERV Rule 144 notice reporting an intended sale of 5,993 shares of Common Stock through Fidelity Brokerage Services LLC. The filing lists the transfer method as Restricted Stock Vesting dated 05/01/2026. It also discloses three recent dispositions by Touraj Parang: 3,558 on 02/11/2026, 3,922 on 03/10/2026, and 3,861 on 04/08/2026.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice for a planned resale of restricted shares; recent small-volume dispositions also disclosed.

The filing lists an intended sale of 5,993 shares via Fidelity Brokerage Services LLC, tied to Restricted Stock Vesting on 05/01/2026. The notice documents prior small disposals by Touraj Parang on three dates in early 2026 with specific share counts and reported amounts.

Practical considerations include satisfaction of Rule 144 conditions (holding period, current public information, manner of sale). This filing is a procedural resale notice; cash‑flow treatment and any holding‑period details are not shown in the excerpt.

Intended resale 5,993 shares Restricted Stock Vesting on 05/01/2026
Prior disposition 1 3,558 shares Disposed on 02/11/2026 (Touraj Parang)
Prior disposition 2 3,922 shares Disposed on 03/10/2026 (Touraj Parang)
Prior disposition 3 3,861 shares Disposed on 04/08/2026 (Touraj Parang)
Broker Fidelity Brokerage Services LLC Named brokerage firm (900 Salem Street, Smithfield RI)
Rule 144 regulatory
"Securities To Be Sold | Restricted Stock Vesting"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Securities To Be Sold | 05/01/2026 | Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does SERV's Form 144 for 5,993 shares mean?

It notifies the SEC and broker of a proposed resale of 5,993 shares of common stock. The filing ties the shares to Restricted Stock Vesting dated 05/01/2026, and names Fidelity Brokerage Services LLC as the broker.

Who is listed as selling stockholders in this SERV Form 144?

The filing references sales through Fidelity Brokerage Services LLC and discloses prior dispositions by Touraj Parang on three dates in early 2026 with specific share counts.

What recent sales by Touraj Parang are disclosed in the filing?

The filing lists three dispositions: 3,558 shares on 02/11/2026, 3,922 shares on 03/10/2026, and 3,861 shares on 04/08/2026 with corresponding reported values in the excerpt.

Does this Form 144 state how proceeds will be used?

No. The excerpt reports share counts, dates, and a brokerage party but does not disclose any use of proceeds or who will receive sale proceeds.

Is a Form 144 a confirmation that shares have been sold?

No. Form 144 is a notice of proposed sale under Rule 144. This filing signals intent to sell; the excerpt also lists recent completed dispositions separately by date and amount.