[144] Serve Robotics Inc. SEC Filing

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) filed a Form 144 reporting a proposed sale of common stock by an insider. The filer intends to sell 5,000 shares through Raymond James & Associates on or about 08/25/2025, with an aggregate market value of $50,100.50 based on the filing. The shares were acquired as RSU shares on 08/01/2025 and the planned sale payment method is cash.

The filer also reported a prior sale on 08/05/2025 of 2,015 shares generating $21,527.45. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Insights

Financial Analyst

TL;DR: Insider RSU sale of 5,000 shares is routine and appears immaterial to company valuation.

The filing documents a planned sale of shares received as restricted stock units, converted to cash via a broker on 08/25/2025. The aggregate value reported ($50,100.50) is small relative to typical public company market capitalizations, suggesting limited market impact. The disclosure of a prior near-term sale (2,015 shares, $21,527.45) indicates ongoing liquidity transactions by the insider rather than a change in corporate prospects.

Corporate Governance Expert

TL;DR: Filing meets Rule 144 disclosure practices; includes required signer attestations and broker details.

The Form 144 provides required details: acquisition date (08/01/2025), nature of acquisition (RSU), broker identity, and prior sales within three months. The inclusion of the signature representation that no undisclosed material adverse information exists aligns with compliance expectations. There is no indication in the filing of any governance or disclosure irregularity.

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	5000	50100.50	59880000	08/25/2025	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 Shares	Issuer			5000	08/25/2025	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
Evan Dunn 1260 SE Cedar Falls Way North Bend WA 98045	Common	08/05/2025	2015	21527.45

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

What does Serve Robotics' Form 144 filed for SERV report?

The filing reports a proposed sale of 5,000 common shares to be executed through Raymond James on 08/25/2025, with an aggregate market value of $50,100.50.

How were the 5,000 shares acquired according to the Form 144?

The shares were acquired as RSU shares on 08/01/2025 from the issuer.

Did the filer sell any Serve Robotics shares recently?

Yes, the filer reported a sale on 08/05/2025 of 2,015 shares for $21,527.45.

Which broker is handling the proposed sale in the Form 144?

The broker named is Raymond James & Associates, located at 880 Carillon Parkway, St. Petersburg, FL.

Does the Form 144 state any undisclosed material information about Serve Robotics?

No. The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.