Serve Robotics (SERV) holder to sell vested shares for taxes

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) received a Rule 144 notice regarding a proposed sale of common stock by Touraj Parang, with Fidelity Brokerage Services LLC acting as broker and attorney-in-fact. The notice covers shares arising from restricted stock vesting events and indicates that part of the sale is intended to cover tax obligations tied to vested equity awards. It also reports a prior sale of common shares within the last three months.

Key Figures

Shares to be sold from 07/02/2026 vesting: 5,654 shares Shares to be sold from 07/31/2026 vesting: 8,502 shares Shares to be sold from 08/05/2026 vesting: 5,654 shares +3 more

6 metrics

Shares to be sold from 07/02/2026 vesting 5,654 shares Restricted stock vesting, characterized as compensation-related common stock

Shares to be sold from 07/31/2026 vesting 8,502 shares Restricted stock vesting, characterized as compensation-related common stock

Shares to be sold from 08/05/2026 vesting 5,654 shares Restricted stock vesting, characterized as compensation-related common stock

Shares sold in prior transaction 4,219 shares Common shares sold on 06/10/2026 during the past three months

Proceeds from prior sale $30,525.52 Aggregate proceeds from 4,219 common shares sold on 06/10/2026

Date of Rule 144 notice 08/18/2026 Date the notice of proposed sale of SERV common stock was signed

Key Terms

Rule 144, Restricted Stock Vesting, attorney-in-fact, tax obligation

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 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.

attorney-in-fact regulatory

"as attorney-in-fact for Touraj Parang"

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.

tax obligation financial

"Sale includes an amount necessary to cover a tax obligation"

FAQ

What does the Form 144 filing for SERV disclose about Touraj Parang's planned stock sales?

The Form 144 for SERV discloses that Touraj Parang intends to sell common shares obtained through restricted stock vesting. The filing is a notice of proposed sales under Rule 144 and does not itself execute the transactions.

How many SERV shares related to restricted stock vesting are listed in the Form 144?

The notice lists three blocks of SERV common shares tied to restricted stock vesting: 5,654 shares, 8,502 shares, and 5,654 shares. These are associated with scheduled vesting dates and are characterized as compensation-related equity.

What prior SERV stock sale by Touraj Parang is reported in the last three months?

The filing reports that on 06/10/2026, Touraj Parang sold 4,219 SERV common shares for proceeds of $30,525.52. This transaction is disclosed in the section covering securities sold during the past three months.

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

The remarks state that the SERV stock sale includes an amount to cover a tax obligation from settlement of a vested equity award. This means part of the proceeds is intended to satisfy taxes arising when the restricted stock vested.

Who is executing the planned SERV share sales disclosed in the Form 144?

Fidelity Brokerage Services LLC is identified as the broker for SERV common stock in the filing. The notice is signed by Daniel Tucci as a duly authorized representative and attorney-in-fact for Touraj Parang, indicating Fidelity is acting on his behalf.

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

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Available on EDGAR 08/18/2026 - 04:59 PM Accepted by SEC EDGAR 08/18/2026 - 04:58 PM Learn about SEC filing dates

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	0001983441
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Serve Robotics Inc. /DE/
SEC File Number	001-42023
Address of Issuer	1360 BAYPORT AVENUE SAN CARLOS CALIFORNIA 94070
Phone	818-860-1352
Name of Person for Whose Account the Securities are To Be Sold	Parang Touraj
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	Officer
Relationship to Issuer	Director

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	19810	90343.51	86707507	08/18/2026	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	07/02/2026	Restricted Stock Vesting	Issuer			5654	07/02/2026	Compensation
Common	07/31/2026	Restricted Stock Vesting	Issuer			8502	07/31/2026	Compensation
Common	08/05/2026	Restricted Stock Vesting	Issuer			5654	08/05/2026	Compensation

* 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
Touraj Parang 1360 Bayport Avenue San Carlos CA 94070	Common	06/10/2026	4219	30525.52

144: Remarks and Signature

Remarks	Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution.
Date of Notice	08/18/2026
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	/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Touraj Parang
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)