Serve Robotics (SERV) president sells shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,558 shares ($36,185)
Net Sell
1 txn
Insider
Parang Touraj
Role
President & COO
Sold
3,558 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,558 | $10.17 | $36K |
Holdings After Transaction:
Common Stock — 1,320,127 shares (Direct)
Footnotes (1)
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FAQ
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.
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.