Serve Robotics (NASDAQ: SERV) COO sells 5,998 shares to cover RSU tax

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parang Touraj

(Last) (First) (Middle)

C/O SERVE ROBOTICS INC.

730 BROADWAY

(Street)

REDWOOD CITY CA 94063

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Serve Robotics Inc. /DE/ [ SERV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & COO

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/04/2026		S		5,998(1)	D	$10.33	1,323,685	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Jongmin Char, as attorney-in-fact for Touraj Parang	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

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.

Why did SERV executive Touraj Parang sell 5,998 shares of stock?

The 5,998 shares were sold to satisfy tax withholding obligations on vested RSUs. According to the filing footnote, the sale was tied to the settlement of restricted stock units, indicating it was an administrative, tax-related transaction rather than an open-market discretionary sale.

How many SERV shares does Touraj Parang own after this Form 4 transaction?

After the reported transaction, Touraj Parang beneficially owns 1,323,685 shares of Serve Robotics common stock. The filing lists this amount as directly owned, reflecting his remaining equity stake following the 5,998-share sale for tax withholding purposes.

What was the price per share in Touraj Parang’s SERV stock sale?

The reported sale price was $10.33 per share for the 5,998 shares sold. This price comes directly from the Form 4 transaction table, which records the non-derivative common stock sale executed on February 4, 2026, to cover tax withholding on vested RSUs.

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.