Serve Robotics (SERV) insider sale covers RSU tax withholding details
Rhea-AI Filing Summary
Serve Robotics Inc. reported insider stock sales by executive Touraj Parang, who serves as President, COO and a director.
On 12/11/2025, he sold 6,300 shares of common stock at $11.87; these shares were sold to satisfy tax withholding obligations related to the settlement of vested restricted stock units. On 12/12/2025, he sold an additional 5,000 shares at $13.07. Following these transactions, he directly owned 1,333,691 shares of Serve Robotics common stock.
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FAQ
What insider stock transactions did Serve Robotics (SERV) disclose?
The filing shows that Touraj Parang sold 6,300 shares of Serve Robotics common stock on 12/11/2025 at $11.87 per share and 5,000 shares on 12/12/2025 at $13.07 per share.
Who is Touraj Parang at Serve Robotics (SERV)?
Touraj Parang is identified as a director of Serve Robotics Inc. and also as an officer, serving as the company’s President & Chief Operating Officer.
Why were 6,300 Serve Robotics shares sold on 12/11/2025?
According to the footnote, the 6,300 shares sold on 12/11/2025 represent shares sold to satisfy tax withholding obligations related to the acquisition of shares in connection with the settlement of vested restricted stock units (RSUs).
How many Serve Robotics (SERV) shares does Parang own after these transactions?
After the reported transactions, Touraj Parang directly beneficially owned 1,333,691 shares of Serve Robotics Inc. common stock.
Are the reported Serve Robotics shares held directly or indirectly?
The table lists the ownership form for the reported common stock as Direct (D), indicating that the shares are held directly by Touraj Parang.
Was this insider trading report filed by more than one person?
No. The report indicates that the Form was filed by one reporting person, covering the holdings and transactions of Touraj Parang only.