Serve Robotics CEO sells shares for tax withholding

Serve Robotics Inc. Chief Executive Officer Ali Kashani reported a small share sale linked to tax withholding.

Rhea-AI Filing Summary

Serve Robotics Inc. Chief Executive Officer Ali Kashani reported a small share sale linked to tax withholding. On the reported date, 15,885 shares of common stock were sold at $7.24 per share to cover tax obligations from vested RSUs. After this transaction, Kashani directly held 3,278,091 shares of common stock, and an additional 16,070 shares were held indirectly through a spouse. This filing reflects a routine disposition connected to equity compensation rather than a discretionary open-market sale.

Insider Trade Summary

Net Seller: 15,885 shares

Net Sell 2 txns

Insider Kashani Ali

Role Chief Executive Officer

Sold 15,885 shs ($115K)

Type	Security	Shares	Price	Value
Sale	Common Stock	15,885	$7.24	$115K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,278,091 shares (Direct); Common Stock — 16,070 shares (Indirect, By Spouse)

Footnotes (1)

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.

Key Figures

Shares sold: 15,885 shares Sale price: $7.24 per share Direct holdings after transaction: 3,278,091 shares +2 more

5 metrics

Shares sold 15,885 shares Common stock disposed to satisfy tax withholding

Sale price $7.24 per share Price for 15,885 common shares sold

Direct holdings after transaction 3,278,091 shares Common stock directly held by CEO after sale

Indirect holdings by spouse 16,070 shares Common stock held indirectly through spouse

Net shares sold 15,885 shares Net buy/sell shares reported as net-sell

Key Terms

restricted stock unit, RSUs, tax withholding obligations, indirect ownership

4 terms

restricted stock unit financial

"in connection with the settlement of the vested portion of RSUs pursuant to provisions of a restricted stock unit agreement"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

RSUs financial

"relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax withholding obligations financial

"shares of the Issuer's common stock sold to satisfy tax withholding obligations relating to the acquisition of shares"

indirect ownership financial

"total_shares_following_transaction 16070.0000, direct_or_indirect I, nature_of_ownership By Spouse"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Serve Robotics (SERV) report for Ali Kashani?

Serve Robotics reported that CEO Ali Kashani disposed of 15,885 shares of common stock. The shares were sold to satisfy tax withholding obligations arising from vested RSUs, making this a compensation-related transaction rather than a discretionary open-market sale.

At what price were Ali Kashani’s Serve Robotics shares sold?

The reported 15,885 Serve Robotics shares were sold at $7.24 per share. According to the filing, this sale was undertaken to satisfy tax withholding obligations tied to the settlement of vested restricted stock units granted to the CEO.

How many Serve Robotics shares does Ali Kashani hold after this Form 4?

Following the reported transaction, Ali Kashani directly holds 3,278,091 shares of Serve Robotics common stock. The filing also shows an additional 16,070 shares held indirectly through his spouse, providing context for his total reported ownership position.

Was Ali Kashani’s Serve Robotics share sale an open-market liquidation?

The filing states the 15,885-share sale was to satisfy tax withholding obligations on vested RSUs. This indicates a compensation-related disposition, which differs from a discretionary open-market sale aimed at changing the CEO’s economic exposure to the stock.

Does Ali Kashani have indirect ownership of Serve Robotics shares?

Yes. The Form 4 reports 16,070 Serve Robotics common shares held indirectly by Ali Kashani’s spouse. These are in addition to his 3,278,091 directly held shares, offering investors a fuller view of his reported beneficial ownership stake after the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 04:12 PM EDT Learn about SEC filing dates

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^*

Kashani Ali

(Last) (First) (Middle)

C/O SERVE ROBOTICS INC.

730 BROADWAY

(Street)

REDWOOD CITY CALIFORNIA 94063

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/10/2026		S		15,885(1)	D	$7.24	3,278,091	D
Common Stock								16,070	I	By Spouse

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 Ali Kashani	06/11/2026
	** 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)