Serve Robotics (NASDAQ: SERV) officer sells 1,171 shares for tax withholding
Rhea-AI Filing Summary
Serve Robotics Inc. officer share sale for taxes: Chief Hardware & Manufacturing Officer Euan Abraham reported selling 1,171 shares of Serve Robotics Inc. common stock on 01/08/2026 at a price of $14.30 per share. According to the footnote, these shares were sold to satisfy tax withholding obligations arising from the settlement of vested restricted stock units (RSUs) granted under a restricted stock unit agreement between the company and Abraham. After this transaction, Abraham beneficially owned 241,696 shares of common stock directly.
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FAQ
What insider transaction did SERV report for Euan Abraham?
Serve Robotics Inc. reported that Chief Hardware & Manufacturing Officer Euan Abraham sold 1,171 shares of common stock on 01/08/2026 at $14.30 per share.
Why did Euan Abraham sell Serve Robotics (SERV) shares?
The 1,171 shares were sold to satisfy tax withholding obligations related to the acquisition of shares from the settlement of vested RSUs under a restricted stock unit agreement.
How many SERV shares does Euan Abraham own after this transaction?
Following the reported sale, Euan Abraham beneficially owned 241,696 shares of Serve Robotics Inc. common stock directly.
What role does Euan Abraham hold at Serve Robotics Inc. (SERV)?
Euan Abraham is an officer of Serve Robotics Inc., serving as the Chief Hardware & Manufacturing Officer.
Was this SERV insider trade under a Rule 10b5-1 trading plan?
The form includes a checkbox for transactions under a Rule 10b5-1(c) trading plan, but the provided excerpt does not indicate that this particular transaction was designated as such.
Is this SERV Form 4 transaction a direct or indirect holding change?
The reported 1,171-share sale and the remaining 241,696 shares are reported as held directly (D) by Euan Abraham.