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Serve Robotics Inc. (SERV) CFO sells shares to cover RSU tax withholding

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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 CA 94063

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 12/11/2025 S 371(1) D $11.87 343,899 D
Common Stock 12/12/2025 S 6,700 D $13.15 337,199 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 12/15/2025
** 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.

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.

Serve Robotics

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753.77M
66.26M
18.57%
27.88%
19.09%
Specialty Industrial Machinery
General Industrial Machinery & Equipment, Nec
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United States
REDWOOD CITY