Serve Robotics (SERV) officer plans $46K stock sale
Rhea-AI Filing Summary
Serve Robotics Inc. (SERV) is the issuer for a planned sale of common stock reported for the account of officer Brian Read under Rule 144. The notice lists up to 9,700 shares held at Fidelity Brokerage Services LLC with an aggregate market value of $46,511.50. It also details future restricted stock vesting events designated as compensation from the issuer and discloses prior sales of Serve Robotics common stock by Brian Read during the past three months.
Positive
- None.
Negative
- None.
Key Figures
Planned shares under Form 144: 9,700 shares
Aggregate market value of planned shares: $46,511.50
Sale on June 10, 2026: 1,496 shares; $10,824.16
+5 more
8 metrics
Planned shares under Form 144
9,700 shares
Common stock position for potential sale with aggregate market value disclosed
Aggregate market value of planned shares
$46,511.50
Market value for 9,700 SERV common shares referenced in the notice
Sale on June 10, 2026
1,496 shares; $10,824.16
Common stock sold by Brian Read during the past three months
Sale on August 17, 2026
25,240 shares; $132,257.60
Common stock sold by Brian Read during the past three months
Sale on August 18, 2026
6,129 shares; $27,951.31
Common stock sold by Brian Read during the past three months
Restricted stock vesting June 5, 2026
180 shares
Serve Robotics common stock vesting as compensation
Restricted stock vesting July 5, 2026
611 shares
Serve Robotics common stock vesting as compensation
Restricted stock vesting August 1, 2026
8,299 shares
Serve Robotics common stock vesting as compensation
Key Terms
Rule 144, restricted stock, attorney-in-fact, compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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 financial
"Common | 06/05/2026 | Restricted Stock Vesting | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
attorney-in-fact regulatory
"as attorney-in-fact for Brian Read."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"08/05/2026 | Compensation"
FAQ
What does the Form 144 filing mean for Serve Robotics Inc. (SERV)?
The Form 144 relates to a planned sale of SERV common stock by officer Brian Read under Rule 144. It does not change company operations; it discloses potential and recent insider-related stock sales for regulatory transparency.
What Serve Robotics (SERV) stock sales has Brian Read made in the past three months?
Brian Read reported three sales of SERV common stock: 1,496 shares for $10,824.16 on June 10, 2026; 25,240 shares for $132,257.60 on August 17, 2026; and 6,129 shares for $27,951.31 on August 18, 2026.
What future Serve Robotics (SERV) restricted stock vesting is disclosed in the Form 144?
The filing lists restricted stock vesting as compensation: 180 shares on June 5, 2026; 611 shares on July 5, 2026; 8,299 shares on August 1, 2026; and 610 shares on August 5, 2026, all in Serve Robotics common stock.
Who is executing the potential Serve Robotics (SERV) sales listed in the Form 144?
The potential sales relate to shares held for Brian Read at Fidelity Brokerage Services LLC. The form is signed by Joshua Schmitt as a duly authorized representative of Fidelity, acting as attorney-in-fact for Brian Read.
AI-generated analysis. How Rhea-AI works. Not financial advice.