Serve Robotics (SERV) director receives 20,000-share restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lieber Andreas reported acquisition or exercise transactions in this Form 4 filing.
Serve Robotics Inc. director Andreas Lieber reported receiving 20,000 shares of Common Stock as a restricted stock unit (RSU) award. The RSU vests in full on the earlier of the company’s next annual shareholder meeting or June 22, 2027, meaning the shares are subject to time-based vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lieber Andreas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU shares granted: 20,000 shares
Transaction price per share: $0.0000 per share
Shares held after transaction: 20,000 shares
+1 more
4 metrics
RSU shares granted
20,000 shares
Time-based restricted stock unit award to director
Transaction price per share
$0.0000 per share
Reported grant price for RSU award
Shares held after transaction
20,000 shares
Total Common Stock reported following RSU grant
Vesting latest date
June 22, 2027
RSU vests by the earlier of next annual meeting or this date
Key Terms
restricted stock unit award, RSU, annual shareholder meeting
3 terms
restricted stock unit award financial
"Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU")."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
RSU financial
"Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU")."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
FAQ
What insider transaction did Serve Robotics (SERV) director Andreas Lieber report?
Director Andreas Lieber reported receiving 20,000 shares of Serve Robotics Common Stock as a restricted stock unit award. These RSUs represent equity-based compensation and are subject to time-based vesting rather than an open-market purchase or sale.
When will Andreas Lieber’s Serve Robotics (SERV) RSU grant vest?
The RSU grant to Andreas Lieber will vest in full on the earlier of Serve Robotics’ next annual shareholder meeting or June 22, 2027. Until that vesting date, the 20,000 underlying shares remain subject to the award’s time-based vesting conditions.
Is the Form 4 transaction for Serve Robotics (SERV) a market purchase or sale?
The transaction is not a market purchase or sale; it is a grant of restricted stock units. The Form 4 describes a time-based RSU award of 20,000 shares to director Andreas Lieber as part of equity compensation, with no cash price paid per share.