Serve Robotics Insider Files Form 144 for Minor $80K Share Sale

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) filed a Form 144 indicating a planned sale of 7,467 common shares by an insider—identified elsewhere in the filing as Ali Kashani—through broker Raymond James & Associates. The shares have an aggregate market value of ≈$80.2 k, implying a reference price of roughly $10.75 per share. The transaction is scheduled for 05 Aug 2025 on the NASDAQ. Total shares outstanding are reported at 57.1 million, so the proposed sale represents only ≈0.013 % of outstanding stock.

The shares derive from a restricted-stock-unit (RSU) vest dated 01 Aug 2025, with 23,923 shares acquired from the issuer; 1,700 shares were separately sold on 07 May 2025 for $10.46 k. The filer certifies no undisclosed material adverse information and acknowledges Rule 10b5-1 provisions.

While insider selling may signal personal liquidity or portfolio diversification, the small size relative to float suggests limited direct market impact. No operational or financial performance data accompany the filing.

Positive

• None.

Negative

• Insider selling may be viewed as a mild negative sentiment indicator, even though the volume is negligible relative to float.

Insights

Equity Analyst

TL;DR: Minor insider sale (0.013 % of float) — negligible fundamental impact, slightly negative sentiment.

The Form 144 discloses Ali Kashani’s intent to sell 7,467 SERV shares worth roughly $80 k. Against 57 million shares outstanding, dilution or supply pressure is immaterial. However, insider dispositions—especially soon after RSU vesting—can create marginal negative sentiment among momentum traders. No operational metrics, guidance, or unusual circumstances accompany the filing, so the event is best viewed as routine insider liquidity rather than a signal on business outlook.

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

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	7467	80200.06	57120000	08/05/2025	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	08/01/2025	RSU Grant Vest	Issuer			23923	08/05/2025	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
Ali Kashani 13630 Roble Alto Ct Los Altos Hills CA 94022	Common	05/07/2025	1700	10459.00

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)

FAQ

How many SERV shares are being sold under this Form 144?

The filing covers 7,467 common shares of Serve Robotics Inc.

What is the value of the proposed SERV share sale?

Aggregate market value is listed at $80,200.06 (≈$10.75 per share).

When is the anticipated sale date for the SERV shares?

The filer expects to sell on 08/05/2025 via NASDAQ.

What percentage of SERV’s outstanding shares does this sale represent?

Approximately 0.013 % of the 57.12 million shares outstanding.

Who is the insider selling the SERV shares?

The filing references Ali Kashani as the seller in a prior 3-month sales table.