SERV officer sells small stake for tax withholding
Serve Robotics Inc. executive Abraham Euan, Chief Hardware & Manufacturing Officer, reported a small share disposition linked to equity compensation.
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Rhea-AI Filing Summary
Serve Robotics Inc. executive Abraham Euan, Chief Hardware & Manufacturing Officer, reported a small share disposition linked to equity compensation. He sold 1,390 shares of common stock at $9.72 per share to cover tax withholding arising from vested RSUs. Following this tax-related sale, he still directly holds 235,647 shares of Serve Robotics common stock, so the transaction reflects routine compensation-related tax management rather than a major change in ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,390 | $9.72 | $14K |
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
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What insider transaction did SERV executive Abraham Euan report on this Form 4?
Does this SERV Form 4 suggest a major ownership change for Abraham Euan?
AI-generated analysis. How Rhea-AI works. Not financial advice.