Was the Serve Robotics (SERV) CEO’s share sale related to tax withholding?

Yes. The footnote states the 14,541 shares were sold specifically to satisfy tax withholding obligations. These obligations arose from the settlement of vested restricted stock units under a restricted stock unit agreement between Serve Robotics and CEO Ali Kashani.

Serve Robotics (SERV) CEO disposes shares to cover RSU tax obligations

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) CEO Ali Kashani reported a tax-related share disposition. On April 8, 2026, he sold 14,541 shares of common stock at $8.62 per share to satisfy tax withholding obligations tied to vested RSUs. After this transaction, he directly holds 3,320,373 common shares and indirectly holds an additional 16,070 shares through his spouse.

Insider Trade Summary

Net Seller: 14,541 shares ($125,343)

Net Sell 2 txns

Insider Kashani Ali

Role Chief Executive Officer

Sold 14,541 shs ($125K)

Type	Security	Shares	Price	Value
Sale	Common Stock	14,541	$8.62	$125K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,320,373 shares (Direct); Common Stock — 16,070 shares (Indirect, By Spouse)

Footnotes (1)

[object Object]

Key Figures

Shares sold: 14,541 shares Sale price: $8.62 per share Direct holdings after transaction: 3,320,373 shares +2 more

5 metrics

Shares sold 14,541 shares Common Stock sold on April 8, 2026

Sale price $8.62 per share Price for 14,541 common shares sold

Direct holdings after transaction 3,320,373 shares Common Stock directly owned by CEO after sale

Indirect holdings by spouse 16,070 shares Common Stock held indirectly, noted as By Spouse

Transaction date April 8, 2026 Date of reported Common Stock sale

Key Terms

restricted stock unit, RSUs, tax withholding obligations, indirect ownership

4 terms

restricted stock unit financial

"in connection with the settlement of the vested portion of RSUs pursuant to provisions of a restricted stock unit agreement"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

RSUs financial

"relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax withholding obligations financial

"shares of the Issuer's common stock sold to satisfy tax withholding obligations relating to the acquisition of shares"

indirect ownership financial

"total_shares_following_transaction: 16070.0000, direct_or_indirect: I, nature_of_ownership: By Spouse"

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 05:09 PM

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^*

Kashani Ali

(Last)

(First)

(Middle)

C/O SERVE ROBOTICS INC.

730 BROADWAY

(Street)

REDWOOD CITY

CALIFORNIA

94063

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/08/2026		S		14,541⁽¹⁾	D	$8.62	3,320,373	D
Common Stock								16,070	I	By Spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Ali Kashani	04/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Serve Robotics (SERV) CEO Ali Kashani report?

Ali Kashani reported selling 14,541 shares of Serve Robotics common stock at $8.62 per share. According to the filing, the sale was made to cover tax withholding obligations related to vested restricted stock units, rather than as a discretionary open-market sale.

How many Serve Robotics (SERV) shares does the CEO hold after this Form 4?

Following the reported transaction, CEO Ali Kashani directly holds 3,320,373 shares of Serve Robotics common stock. He also has an additional 16,070 shares reported as indirectly owned through his spouse, according to the ownership information disclosed in the Form 4 filing.

Are any of the Serve Robotics (SERV) CEO’s shares held indirectly?

Yes. The Form 4 shows 16,070 Serve Robotics common shares held indirectly, identified as owned “By Spouse.” This is separate from Ali Kashani’s 3,320,373 directly held shares and reflects additional beneficial ownership reported in the filing.

What was the sale price in the Serve Robotics (SERV) CEO’s Form 4 transaction?

The reported sale price for the 14,541 Serve Robotics common shares was $8.62 per share. This transaction occurred on April 8, 2026, and is described as a sale conducted to meet tax withholding requirements tied to vested restricted stock units.