[144] Serve Robotics Inc. /DE/ SEC Filing

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) filed a Form 144 reporting a proposed sale of 1,225 common shares through Raymond James & Associates (St. Petersburg, FL) with an aggregate market value of $14,326.38. The filing states approximately 61,580,000 shares outstanding and an approximate sale date of 09/30/2025. The securities to be sold were acquired via an RSU vest dated 09/29/2025 (5,000 shares) with payment noted as cash on 09/30/2025. The filing also lists multiple sales by Brian Read during July–September 2025 with specific dates, amounts and gross proceeds. The notice includes the filer’s representation that no material nonpublic information is known by the selling person.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notice reporting an insider RSU vest and a planned small block sale; prior transactions are disclosed.

The filing documents a proposed sale of 1,225 shares with a stated market value of $14,326.38 and confirms acquisition by RSU vesting on 09/29/2025 (5,000 shares vested). It also provides a clear list of prior dispositions by Brian Read from 07/01/2025 to 09/18/2025 with dates, share counts and gross proceeds, supporting transparency for Rule 144 aggregation. The filing contains no financial performance data or forward-looking statements.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure showing insider selling activity and the required certification about material nonpublic information.

The notice appears to meet Rule 144 disclosure elements: issuer and broker identification for the proposed sale, acquisition details (RSU vest on 09/29/2025), and a record of recent insider sales. The signer attests to absence of undisclosed material adverse information and references trading-plan considerations, which is standard for insider transaction notices. No governance anomalies or legal flags are stated in the document.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Raymond James & Associates 880 Carillon Parkway St. Petersburg FL 33716	1225	14326.38	61580000	09/30/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/29/2025	RSU Vest	Issuer			5000	09/30/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Brian Read 730 Broadway St Redwood City CA 94063	Common	09/18/2025	3941	50054.64
Brian Read 730 Broadway St Redwood City CA 94063	Common	09/11/2025	4319	59808.44
Brian Read 730 Broadway St Redwood City CA 94063	Common	09/08/2025	7175	74883.00
Brian Read 730 Broadway St Redwood City CA 94063	Common	09/02/2025	1330	13539.40
Brian Read 730 Broadway St Redwood City CA 94063	Common	08/25/2025	10216	100323.16
Brian Read 730 Broadway St Redwood City CA 94063	Common	08/18/2025	10195	100114.90
Brian Read 730 Broadway St Redwood City CA 94063	Common	08/05/2025	2592	27583.55
Brian Read 730 Broadway St Redwood City CA 94063	Common	07/30/2025	1212	12673.52
Brian Read 730 Broadway St Redwood City CA 94063	Common	07/01/2025	1291	13985.27

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by SERV report?

The Form 144 reports a proposed sale of 1,225 common shares through Raymond James with aggregate market value $14,326.38 and approximate sale date 09/30/2025.

How were the securities to be sold acquired according to the filing?

The securities were acquired via an RSU vest on 09/29/2025 (5,000 shares) and payment is noted as cash on 09/30/2025.

Who sold shares in the past three months according to the Form 144?

The filing lists multiple past sales by Brian Read between 07/01/2025 and 09/18/2025 with specific share amounts and gross proceeds per sale.

What outstanding share count does the filing state for the issuer?

The filing states approximately 61,580,000 shares outstanding.

Does the filer make any certification about material nonpublic information?

Yes, the person for whose account the securities are to be sold represents they do not know any material adverse information about the issuer that has not been publicly disclosed.