Serve Robotics Inc. (SERV) CFO sells shares to cover RSU tax withholding
Rhea-AI Filing Summary
Serve Robotics Inc. reported an insider stock transaction by its Chief Financial Officer, Brian Read. On December 11, 2025, he sold 371 shares of common stock at $11.87 per share, and on December 12, 2025 he sold an additional 6,700 shares at $13.15 per share.
The filing states these sales were made to satisfy tax withholding obligations arising from the settlement of vested restricted stock units under an RSU agreement. After these transactions, Read directly beneficially owned 337,199 shares of Serve Robotics common stock.
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FAQ
What insider transaction did Serve Robotics (SERV) disclose for its CFO?
Serve Robotics disclosed that Chief Financial Officer Brian Read sold common stock in two transactions: 371 shares on December 11, 2025 at $11.87 per share and 6,700 shares on December 12, 2025 at $13.15 per share.
Why did the Serve Robotics (SERV) CFO sell shares in this filing?
The filing explains that the shares were sold to satisfy tax withholding obligations related to the acquisition of common stock upon settlement of the vested portion of restricted stock units (RSUs) under an RSU agreement between Serve Robotics and Brian Read.
How many Serve Robotics (SERV) shares does the CFO own after the reported sales?
After the reported transactions, Chief Financial Officer Brian Read beneficially owned 337,199 shares of Serve Robotics common stock in direct ownership.
What type of securities were involved in the Serve Robotics (SERV) insider transaction?
The transactions involved Serve Robotics Inc. common stock. No derivative securities, such as options or warrants, are reported as acquired or disposed of in the derivative securities table for this filing excerpt.
What is the relationship of the reporting person to Serve Robotics (SERV)?
The reporting person, Brian Read, is identified as an officer of Serve Robotics Inc., serving in the role of Chief Financial Officer. The form is filed by one reporting person.
On what date did the earliest Serve Robotics (SERV) transaction in this Form 4 occur?
The earliest transaction date reported is December 11, 2025, which is listed as the date of the first sale of Serve Robotics common stock by the Chief Financial Officer in this filing.