Serve Robotics CEO Plans to Sell 10,700 Shares Worth $113,744 on NASDAQ

Form 144 Notice of Proposed Sale filed by Serve Robotics for a planned sale of 10,700 common shares through Raymond James & Associates.

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed by Serve Robotics for a planned sale of 10,700 common shares through Raymond James & Associates. The shares have an aggregate market value of $113,744.21 and represent a portion of 20,000 shares acquired through an RSU grant vest from the issuer on June 12, 2025.

Key transaction details:

• Planned execution date: June 23, 2025
• Trading venue: NASDAQ
• Current shares outstanding: 56,319,299
• Sale represents approximately 0.019% of outstanding shares

The filing indicates the seller has no knowledge of undisclosed material adverse information regarding Serve Robotics' operations. No other securities sales were reported by the seller in the past 3 months. This Form 144 represents a standard notice of proposed sale by an insider following RSU vesting.

Positive

• None.

Negative

• Insider plans to sell 10,700 shares worth $113,744, representing proceeds from a recent RSU vest - while the transaction size is relatively small, it indicates immediate liquidation of newly vested shares rather than retention

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares of SERV stock are being sold according to the Form 144 filing from June 2025?

According to the Form 144 filing, 10,700 shares of SERV common stock are being proposed for sale through Raymond James & Associates at an aggregate market value of $113,744.21.

What is the total number of outstanding shares for SERV as reported in the June 2025 Form 144?

The Form 144 filing indicates that SERV has 56,319,299 shares outstanding as of the filing date.

How did the insider acquire the SERV shares being sold?

The shares were acquired through an RSU (Restricted Stock Unit) grant vest from the issuer on June 12, 2025. The original grant was for 20,000 shares.

When is the approximate date of sale for the SERV shares listed in the June 2025 Form 144?

The approximate date of sale for the SERV shares is listed as June 23, 2025, and the shares will be sold on the NASDAQ exchange.

Has the insider selling SERV shares made any other sales in the past 3 months?

According to the Form 144 filing section 'Securities Sold During The Past 3 Months', there were no other sales reported by this insider during the past 3 months.

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

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Accepted by SEC EDGAR 06/23/2025 - 03:09 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	0002031782
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	730 BROADWAY REDWOOD CITY CALIFORNIA 94063
Phone	818-860-1352
Name of Person for Whose Account the Securities are To Be Sold	Goldberg David Michael
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	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	RAYMOND JAMES & ASSOCIATES 880 CARILLON PKWY ST. PETERSBURG FL 33716	10700	113744.21	56319299	06/23/2025	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	06/12/2025	RSU GRANT VEST	ISSUER			20000	06/23/2025	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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	06/23/2025
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	MOHAMMED ALSHATRI, as duly authorized representative of Raymond James & Associates, Inc., as attorney-in-fact for DAVID MICHAEL GOLDBERG
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)