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Tax from stock awards spurs Serve Robotics (NASDAQ: SERV) share sale

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Form Type
144

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) received a Rule 144 notice for a planned sale of restricted common stock held for the account of Ali Haghighat Kashani. The notice covers 45,158 shares of common stock with an aggregate market value of $205,943.05, based on trading on NASDAQ. The filing states that Serve Robotics had 86,707,507 shares outstanding as of the notice date; this is a baseline figure, not the amount being sold. A prior sale of 15,885 shares for $114,934.33 occurred within the past three months, and the remarks note that part of the sale proceeds will cover tax obligations from vested equity awards. Fidelity Brokerage Services LLC signed as attorney-in-fact for Kashani.

Positive

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Negative

  • None.
Shares to be sold 45,158 shares Common stock proposed to be sold under Rule 144
Aggregate market value of proposed sale $205,943.05 Value of 45,158 shares of common stock covered by the notice
Shares outstanding 86,707,507 shares Serve Robotics common shares outstanding as referenced in the notice
Shares sold in past 3 months 15,885 shares Common stock sold on 06/10/2026 by or for Ali Haghighat Kashani
Value of past 3-month sale $114,934.33 Proceeds from 15,885-share sale on 06/10/2026
Restricted stock vesting 1 16,226 shares Common stock from restricted stock vesting on 07/02/2026
Restricted stock vesting 2 12,707 shares Common stock from restricted stock vesting on 07/31/2026
Restricted stock vesting 3 16,225 shares Common stock from restricted stock vesting on 08/05/2026
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 vesting financial
"Common | 07/02/2026 | Restricted Stock Vesting | Issuer"
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.
aggregate market value financial
"45158 | 205943.05 | 86707507 | 08/18/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as attorney-in-fact for Ali Haghighat Kashani"
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.

FAQ

What does the Form 144 filing disclose for Serve Robotics Inc. (SERV)?

The filing discloses a planned sale under Rule 144 for 45,158 shares of Serve Robotics common stock, held for Ali Haghighat Kashani. The aggregate market value of these shares is reported as $205,943.05, based on NASDAQ trading prices.

How many SERV shares are being registered for potential sale under this Form 144?

The notice covers a potential sale of 45,158 shares of Serve Robotics common stock. This relates to restricted stock held for Ali Haghighat Kashani and is reported together with an aggregate market value and prior sales history under Rule 144 requirements.

What is the reported aggregate market value of the SERV shares in this Form 144?

The aggregate market value of the 45,158 shares covered by the notice is reported as $205,943.05. This amount is based on NASDAQ trading for Serve Robotics common stock, as required for Rule 144 disclosure of proposed sales.

How many Serve Robotics (SERV) shares are outstanding according to this notice?

The notice states that Serve Robotics had 86,707,507 shares outstanding of common stock. This figure provides context for the Rule 144 sale amount and reflects total shares outstanding, not the quantity proposed for sale under this filing.

What prior SERV stock sales by Ali Haghighat Kashani are reported in the last three months?

The filing reports a prior sale of 15,885 shares of Serve Robotics common stock on 06/10/2026 for $114,934.33. This three-month sales history is required disclosure when submitting a Rule 144 notice of proposed sales.

Why does the Form 144 mention tax obligations for the SERV share sale?

The remarks explain that the reported sale includes shares sufficient to cover a tax obligation resulting from settlement of a vested equity award. This clarifies that part of the transaction relates to tax withholding on equity compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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