Brian Read to sell SERV (NASDAQ: SERV) shares after RSU vesting
Rhea-AI Filing Summary
SERV filed a notice of proposed insider sales under Rule 144. The notice covers a planned sale of 1,547 shares of common stock through Fidelity Brokerage Services on or about 02/03/2026, with an aggregate market value of $16,755.09, on the NASDAQ exchange.
The 1,547 shares were acquired on 01/29/2026 via restricted stock vesting from the issuer as compensation. The filing also lists recent sales of common stock by Brian Read over the prior three months, including multiple transactions in December 2025 and January 2026 with disclosed share counts and gross proceeds.
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FAQ
What does the SERV Form 144 filing show about insider share sales?
The Form 144 for SERV shows a planned sale of 1,547 common shares under Rule 144. It discloses the intended broker, market value, approximate sale date, and recent three-month sale history to help investors understand ongoing insider disposition activity.
How many SERV shares are planned to be sold and what is the market value?
The notice covers a proposed sale of 1,547 SERV common shares with an aggregate market value of $16,755.09. These shares are expected to be sold on the NASDAQ, according to the filing’s securities information section.
How were the SERV shares in this Form 144 acquired?
The 1,547 SERV common shares were acquired on 01/29/2026 through restricted stock vesting from the issuer. The filing describes the nature of the transaction as compensation, rather than a cash purchase, and ties the acquisition and payment dates to that vesting event.
What prior SERV share sales are disclosed for the last three months?
The filing lists several past sales of SERV common stock by Brian Read between 12/02/2025 and 01/08/2026. Each entry shows the sale date, number of shares sold, and gross proceeds, documenting multiple transactions over that three-month period.
Which broker and exchange are involved in the planned SERV share sale?
The planned 1,547-share sale will use Fidelity Brokerage Services LLC as broker, with its address in Smithfield, Rhode Island. The filing specifies that the SERV common stock is expected to be sold on the NASDAQ stock exchange.
How many SERV shares are outstanding according to this Form 144?
The Form 144 states that 74,483,482 SERV common shares are outstanding. This number gives a sense of the company’s total share base relative to the 1,547 shares covered by the proposed Rule 144 sale in the notice.