Serve Robotics (SERV) CFO sells 1,263 shares for RSU tax withholding

Rhea-AI Filing Summary

Serve Robotics Inc. Chief Financial Officer Brian Read reported an open-market sale of 1,263 shares of common stock at $8.03 per share. The footnote explains these shares were sold to satisfy tax withholding obligations arising from the settlement of vested RSUs, making this a routine, tax-related transaction. Following the sale, he directly holds 322,937 shares.

Insider Trade Summary

Net Seller: 1,263 shares ($10,142)

Net Sell 1 txn

Insider Read Brian

Role Chief Financial Officer

Sold 1,263 shs ($10K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,263	$8.03	$10K

Holdings After Transaction: Common Stock — 322,937 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 1,263 shares Sale price per share: $8.03 per share Shares held after transaction: 322,937 shares +1 more

4 metrics

Shares sold 1,263 shares Open-market sale on 2026-03-31

Sale price per share $8.03 per share Common Stock transaction

Shares held after transaction 322,937 shares Direct ownership after reported sale

Net shares sold 1,263 shares Net buy/sell shares in this Form 4

Key Terms

tax withholding obligations, restricted stock unit, RSUs

3 terms

tax withholding obligations financial

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

restricted stock unit financial

"pursuant to provisions of a restricted stock unit agreement by and between the Issuer and the Reporting Person"

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Read Brian

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		S		1,263(1)	D	$8.03	322,937	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 Brian Read	04/01/2026
	** 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)

FAQ

What insider transaction did Serve Robotics (SERV) disclose for its CFO?

Serve Robotics disclosed that CFO Brian Read sold 1,263 shares of common stock. The sale was tied to tax withholding obligations from vested RSUs, making it a routine compensation-related transaction rather than a discretionary open-market portfolio move.

How many Serve Robotics (SERV) shares did the CFO sell and at what price?

CFO Brian Read sold 1,263 shares of Serve Robotics common stock at $8.03 per share. The filing notes this sale was executed to cover tax withholding obligations linked to the settlement of vested restricted stock units, rather than a voluntary reduction in holdings.

Why were Serve Robotics (SERV) shares sold by the CFO according to the Form 4?

The Form 4 states the CFO’s shares were sold to satisfy tax withholding obligations. These obligations arose from acquiring common stock upon settlement of vested RSUs under a restricted stock unit agreement, indicating the transaction is part of standard equity compensation mechanics.

How many Serve Robotics (SERV) shares does the CFO hold after this transaction?

After the reported transaction, CFO Brian Read directly holds 322,937 shares of Serve Robotics common stock. This context shows the 1,263 shares sold for tax withholding represent a small portion of his overall position, consistent with routine compensation-related activity.

Is the Serve Robotics (SERV) CFO’s share sale a tax-related transaction?

Yes. The footnote explains the 1,263 shares were sold to cover tax withholding obligations from RSUs that had vested. Such tax-driven sales are common in equity compensation programs and do not necessarily reflect a change in the insider’s view of the company.