Serve Robotics president sells shares for tax withholding

Serve Robotics Inc. insider transaction: President and COO Touraj Parang reported an open-market sale of 3,558 shares of Serve Robotics common stock on February 11, 2026, at a price of $10.17 per share.

Accepted by SEC EDGAR 02/12/2026 - 05:27 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Serve Robotics Inc. insider transaction: President and COO Touraj Parang reported an open-market sale of 3,558 shares of Serve Robotics common stock on February 11, 2026, at a price of $10.17 per share. The shares were sold to cover tax withholding obligations tied to the settlement of vested restricted stock units. After this transaction, Parang beneficially owned 1,320,127 shares of Serve Robotics common stock directly.

Insider Trade Summary

Net Seller: 3,558 shares

Net Sell 1 txn

Insider Parang Touraj

Role President & COO

Sold 3,558 shs ($36K)

Share of Position Sold 0.27%

Type	Security	Shares	Price	Value
Sale	Common Stock	3,558	$10.17	$36K

Holdings After Transaction: Common Stock — 1,320,127 shares (Direct)

Holdings Before and After: Common Stock, 1,323,685 to 1,320,127 shares (Direct)

Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.

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.

FAQ

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What insider transaction did SERV President & COO Touraj Parang report?

Touraj Parang reported selling 3,558 shares of Serve Robotics common stock. The transaction occurred on February 11, 2026, as an open-market sale at $10.17 per share, primarily to satisfy tax withholding obligations related to vested restricted stock units.

Why did SERV executive Touraj Parang sell 3,558 shares?

The 3,558 shares were sold to satisfy tax withholding obligations. These obligations arose from the acquisition of Serve Robotics common stock upon settlement of vested restricted stock units under a restricted stock unit agreement with the company.

At what price were the SERV shares sold in this Form 4 filing?

The shares were sold at $10.17 per share. This price applied to 3,558 shares of Serve Robotics common stock that President and COO Touraj Parang sold on February 11, 2026, in an open-market or private transaction.

How many SERV shares does Touraj Parang own after this transaction?

After the reported sale, Touraj Parang beneficially owned 1,320,127 shares of Serve Robotics common stock. These shares are held directly, reflecting his remaining equity stake following the tax-related sale of 3,558 shares.

Is the SERV insider sale related to compensation or discretionary selling?

The sale is tied to compensation-related taxes rather than discretionary selling. The filing states the 3,558 shares were sold to cover tax withholding obligations from the settlement of vested restricted stock units granted under a restricted stock unit agreement.

What role does Touraj Parang hold at Serve Robotics Inc. (SERV)?

Touraj Parang serves as President and Chief Operating Officer of Serve Robotics Inc. He is also a director of the company, as indicated in the Form 4 insider transaction report filed for the February 11, 2026 share sale.

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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^*

Parang Touraj

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & COO

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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	02/11/2026		S		3,558(1)	D	$10.17	1,320,127	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 Touraj Parang	02/12/2026
	** 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.