SERV COO sells 5,998 shares for tax withholding
Serve Robotics Inc. insider activity: President and COO Touraj Parang reported selling 5,998 shares of Serve Robotics common stock at $10.33 per share on February 4, 2026.
Rhea-AI Filing Summary
Serve Robotics Inc. insider activity: President and COO Touraj Parang reported selling 5,998 shares of Serve Robotics common stock at $10.33 per share on February 4, 2026. The filing explains these shares were sold to cover tax withholding tied to vested RSUs, a common administrative transaction. After this sale, Parang beneficially owns 1,323,685 shares of Serve Robotics common stock directly.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 5,998 shares
Net Sell
1 txn
Insider
Parang Touraj
Role
President & COO
Sold
5,998 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,998 | $10.33 | $62K |
Holdings After Transaction:
Common Stock — 1,323,685 shares (Direct)
Footnotes (1)
- F1. Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs pursuant to provisions of a restricted stock unit agreement by and between the Issuer and the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SERV President & COO Touraj Parang report?
Touraj Parang reported selling 5,998 shares of Serve Robotics common stock. The transaction occurred on February 4, 2026, and is recorded as a sale at $10.33 per share. It is described as related to tax withholding on vested restricted stock units.
What role does Touraj Parang hold at Serve Robotics Inc. (SERV)?
Touraj Parang is identified as both a director and the President & COO of Serve Robotics Inc. The Form 4 marks him as an officer and director, clarifying his senior leadership position and governance role at the company alongside his reported share ownership.
Is the SERV Form 4 transaction by Touraj Parang a derivative or non-derivative trade?
The Form 4 transaction is classified as a non-derivative trade in common stock. Table I lists common stock sold, while Table II shows no derivative securities activity. The transaction code "S" denotes a sale of non-derivative shares to satisfy tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.