Serve Robotics (SERV) Form 144 Filed for 53,690-Share Sale on NASDAQ

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) filed a Form 144 notifying the proposed sale of 53,690 common shares through Raymond James with an aggregate market value of $555,568.01, for an approximate sale date of 09/08/2025 on NASDAQ. The filing lists total shares outstanding as 61,580,000.

The securities were acquired by the seller on 09/05/2025 via RSU vesting (131,653 shares vested) and the planned payment method is cash. The filing also discloses two recent sales by Touraj Parang: 5,565 shares on 08/05/2025 for $59,212.16 and 450 shares on 05/07/2025 for $2,763.00. The signer certifies no undisclosed material nonpublic information.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notice for an insider sale of vested RSUs; no new company fundamentals disclosed.

The filing is a standard Form 144 indicating a proposed sale of 53,690 shares valued at $555,568.01, arising from RSU vesting dated 09/05/2025. As a securities analyst, I view this as a liquidity action by an insider rather than a disclosure of corporate operational changes. The document includes recent small-volume sales by the same individual, suggesting routine disposition activity. There is no operational, earnings, litigation, or governance information in the filing to alter valuation models.

Compliance/Risk Analyst

TL;DR: Filing appears compliant with Rule 144 requirements and includes the required acquisition and sale details.

The Form 144 provides required broker, share count, acquisition method (RSU vesting), dates, and representation regarding material nonpublic information. From a compliance perspective, the filing supplies the necessary items to proceed with a Rule 144 sale: broker name, proposed sale date, and confirmation that the seller does not possess undisclosed material information. No compliance exceptions or missing mandatory fields are evident in the provided content.

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	53690	555568.01	61580000	09/08/2025	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	09/05/2025	RSU Vesting	Issuer			131653	09/08/2025	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
Touraj Parang 26565 Anacapa Dr Los Altos Hills CA 94022	Common	08/05/2025	5565	59212.16
Touraj Parang 26565 Anacapa Dr Los Altos Hills CA 94022	Common	05/07/2025	450	2763.00

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)