What does the zero price per share mean in Vincent Olivier’s RSU grant?

The reported price of $0.0000 per share indicates the 20,000 Serve Robotics RSUs were granted without cash payment. This reflects equity compensation, where value depends on future vesting and the company’s stock price when shares are ultimately delivered.

Serve Robotics (SERV) director receives 20,000-share RSU equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Vincent Olivier reported acquisition or exercise transactions in this Form 4 filing.

Serve Robotics director Vincent Olivier received 20,000 shares of Common Stock through a restricted stock unit (RSU) grant. These RSUs vest in full on the earlier of the company’s next annual shareholder meeting or June 17, 2027. After this award, Olivier directly holds 49,928 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vincent Olivier

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,000	$0.00	--

Holdings After Transaction: Common Stock — 49,928 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 20,000 shares Price per share for grant: $0.0000 per share Shares owned after grant: 49,928 shares +1 more

4 metrics

RSU grant size 20,000 shares Restricted stock unit award on June 17, 2026

Price per share for grant $0.0000 per share Equity compensation, no cash paid for RSUs

Shares owned after grant 49,928 shares Total Common Stock directly held after transaction

RSU vesting date Earlier of next annual meeting or June 17, 2027 Full vesting condition for 20,000-share RSU award

Key Terms

restricted stock unit award, RSU, annual shareholder meeting

3 terms

restricted stock unit award financial

"Represents shares of Common Stock underlying a restricted stock unit award ("RSU")."

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

RSU financial

"Represents shares of Common Stock underlying a restricted stock unit award ("RSU")."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

annual shareholder meeting financial

"The RSU will vest in full on the earlier to occur of (i) the Issuer's next annual shareholder meeting or (ii) June 17, 2027."

A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.

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Form 4 Insider Transactions: What Each Field Means →

06/18/2026 - 05:36 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Vincent Olivier

(Last)

(First)

(Middle)

C/O SERVE ROBOTICS INC.

1360 BAYPORT AVENUE

(Street)

SAN CARLOS

CALIFORNIA

94070

(City)

(State)

(Zip)

UNITED STATES

(Country)

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
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/17/2026		A		20,000⁽¹⁾	A	$0	49,928	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of Common Stock underlying a restricted stock unit award ("RSU"). The RSU will vest in full on the earlier to occur of (i) the Issuer's next annual shareholder meeting or (ii) June 17, 2027.

Remarks:

	/s/ Jongmin Char, as attorney-in-fact for Olivier Vincent	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Serve Robotics (SERV) director Vincent Olivier report?

Vincent Olivier reported receiving 20,000 shares of Serve Robotics Common Stock as a restricted stock unit grant. The award was made at no cash cost to him and represents equity-based compensation from the company’s board.

How many Serve Robotics shares does Vincent Olivier hold after this Form 4?

After this reported grant, Vincent Olivier directly holds 49,928 shares of Serve Robotics Common Stock. This total includes the 20,000 shares underlying the newly awarded restricted stock units described in the filing’s non-derivative transaction table.

What are the vesting terms of Vincent Olivier’s Serve Robotics RSU award?

The 20,000-share restricted stock unit award vests in full on the earlier of Serve Robotics’ next annual shareholder meeting or June 17, 2027. Vesting must occur before the RSUs convert into actual shares that can be freely owned.

Was Vincent Olivier’s Serve Robotics transaction a market purchase or sale?

The transaction was not a market purchase or sale. It is coded as an “A” transaction, meaning a grant or award acquisition, where 20,000 restricted stock units were granted as compensation rather than bought or sold on the open market.