Serve Robotics CEO sells 13,310 shares at $11.63 for taxes
Serve Robotics (SERV) filed a Form 4 reporting an insider trade by CEO and Director Ali Kashani.
Rhea-AI Filing Summary
Serve Robotics (SERV) filed a Form 4 reporting an insider trade by CEO and Director Ali Kashani. On 11/05/2025, Kashani sold 13,310 shares of common stock at $11.63 per share (Transaction Code S). The filing states the sale was made to satisfy tax withholding obligations tied to the settlement of vested RSUs.
After the transaction, Kashani beneficially owned 3,407,762 shares directly. An additional 16,070 shares are reported as indirectly owned by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,310 shares
Net Sell
2 txns
Insider
Kashani Ali
Role
Chief Executive Officer
Sold
13,310 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,310 | $11.63 | $155K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,407,762 shares (Direct);
Common Stock — 16,070 shares (Indirect, By Spouse)
Footnotes (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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SERV report in this Form 4?
The CEO and Director, Ali Kashani, sold 13,310 shares at $11.63 on 11/05/2025 to satisfy RSU-related tax withholding.
What was the transaction code and price?
Transaction Code S (open market sale) at $11.63 per share.
Who is the reporting person on SERV’s Form 4?
Ali Kashani, who serves as Chief Executive Officer and Director.
Is any derivative security reported?
No derivative transactions are listed in Table II in this excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.