Serve Robotics Form 144: 2,130-share insider sale flagged

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) has filed a Form 144 indicating a proposed insider sale.

• Securities: 2,130 common shares.
• Broker: Raymond James & Associates, St. Petersburg, FL.
• Estimated market value: $22,663.20 (based on filing table).
• Planned sale date: 08-05-2025 on NASDAQ.
• Sourcing: Shares stem from RSU vesting on 08-01-2025; consideration paid in cash.
• Seller history: The same insider, Euan S. Abraham, sold 315 shares on 05-07-2025 for $1,946.62.
• Share-count context: Serve Robotics has 57.12 million shares outstanding; the new proposed sale equals roughly 0.0037 % of shares.

The filing is a routine notice rather than an executed transaction; Rule 144 allows affiliates to sell restricted or control stock subject to volume limits and holding periods. Given the very small size versus total float and absence of undisclosed adverse information (affirmed by the signer), market impact is expected to be minimal.

Positive

• None.

Negative

• Insider disposition: Proposed sale of shares by an affiliate can be interpreted as a modestly negative sentiment cue, albeit immaterial in size.

Insights

Equity Analyst

TL;DR: Small Rule 144 filing; negligible dilution risk, mildly negative insider signal.

The proposed 2,130-share sale represents under 0.004 % of SERV’s outstanding equity and follows a modest 315-share disposition in May. Such volumes fall well below Rule 144’s 1 %/four-week threshold, indicating procedural compliance. Because shares originate from recently vested RSUs, liquidity needs rather than strategic intent likely drive the transaction. Still, any insider sale can be perceived as a modestly bearish sentiment indicator, especially for early-stage companies where management ownership carries signaling value. No operational or financial data accompany the notice, so fundamental outlook remains unchanged.

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	2130	22663.20	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 Vesting	Issuer			7895	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
Euan S. Abraham 2223 Cawdor Ct Lansing MI 48917	Common	05/07/2025	315	1946.62

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 proposed for sale under this Form 144?

The filing covers 2,130 common shares of Serve Robotics Inc.

What is the estimated market value of the insider's planned SERV sale?

The aggregate market value is listed as $22,663.20.

Who is the broker handling the SERV insider sale?

Raymond James & Associates, 880 Carillon Pkwy, St. Petersburg, FL 33716.

When is the proposed sale date for the SERV shares?

The approximate sale date disclosed is 08-05-2025.

How large is the proposed sale relative to SERV's share count?

With 57.12 million shares outstanding, the sale equals roughly 0.0037 % of total shares.