Serve Robotics CFO sells 1,496 shares for RSU taxes

Serve Robotics Inc. Chief Financial Officer Brian Read reported an open-market sale of 1,496 shares of common stock at $7.24 per share.

Rhea-AI Filing Summary

Serve Robotics Inc. Chief Financial Officer Brian Read reported an open-market sale of 1,496 shares of common stock at $7.24 per share. According to the footnote, these shares were sold to satisfy tax withholding obligations arising from the settlement of vested RSUs. After the transaction, he directly holds 317,071 shares of common stock, indicating this was a small, tax-related disposition relative to his remaining stake.

Insights

Equity compensation analyst

Small, routine CFO tax-withholding sale tied to RSU vesting.

Brian Read, CFO of Serve Robotics Inc., sold 1,496 shares of common stock at $7.24 per share. The filing states this sale was specifically to cover tax withholding obligations from the settlement of vested RSUs.

Such transactions are typically mechanistic rather than discretionary, as taxes are due upon RSU vesting. Following the sale, Read directly holds 317,071 shares of common stock, so the sale reflects a small fraction of his reported holdings.

This pattern aligns with standard equity-compensation practices where a portion of newly delivered shares is sold or withheld to meet tax requirements, limiting its informational value about the insider’s view of the company.

Insider Trade Summary

Net Seller: 1,496 shares

Net Sell 1 txn

Insider Read Brian

Role Chief Financial Officer

Sold 1,496 shs ($11K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,496	$7.24	$11K

Holdings After Transaction: Common Stock — 317,071 shares (Direct)

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: 1,496 shares Sale price: $7.24 per share Shares held after transaction: 317,071 shares

3 metrics

Shares sold 1,496 shares Open-market sale on common stock

Sale price $7.24 per share Price for the 1,496-share sale

Shares held after transaction 317,071 shares Direct holdings after sale

Key Terms

restricted stock unit, RSUs, tax withholding obligations, open-market sale, +1 more

5 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

"sold to satisfy tax withholding obligations relating to the acquisition of shares"

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

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

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

Serve Robotics disclosed that CFO Brian Read sold 1,496 shares of common stock at $7.24 per share. The filing notes this sale was conducted to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs).

Why did Serve Robotics CFO Brian Read sell 1,496 SERV shares?

The sale was made to cover tax withholding obligations tied to vested RSUs. The filing explains the shares were sold in connection with the settlement of the vested portion of RSUs under a restricted stock unit agreement with Serve Robotics.

How many Serve Robotics (SERV) shares does the CFO hold after this Form 4?

After the reported transaction, CFO Brian Read directly holds 317,071 shares of Serve Robotics common stock. This indicates the 1,496 shares sold for tax withholding represent a small portion of his overall reported ownership position in the company.

Was the Serve Robotics CFO’s Form 4 transaction an open-market sale?

Yes. The Form 4 classifies the transaction as an open-market sale of common stock at $7.24 per share. However, the accompanying footnote clarifies that the sale’s purpose was solely to satisfy tax withholding obligations from RSU settlement.

Does the Serve Robotics CFO’s share sale indicate a change in his overall stake?

The filing shows a modest reduction, with 1,496 shares sold and 317,071 shares held afterward. Because the sale was to meet tax obligations on vested RSUs, it appears as a routine equity-compensation event rather than a large discretionary reduction.

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

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Accepted by SEC EDGAR 06/11/2026 - 04:12 PM 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^*

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)
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		1,496(1)	D	$7.24	317,071	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	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)