CFO Brian Read sells 176 SERV shares at $15.29 for RSU tax withholding

Rhea-AI Filing Summary

Brian Read, Chief Financial Officer of Serve Robotics Inc. (SERV), reported a sale of 176 shares of common stock on 10/07/2025 at a price of $15.29 per share. The filing states the shares were sold to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs). After the transaction, the reporting person beneficially owned 355,097 shares, held directly. The Form 4 was signed by an attorney-in-fact for the reporting person.

Positive

• Sale was for tax withholding related to RSU settlement, a routine administrative transaction
• Substantial ongoing ownership remains at 355,097 shares following the sale

Negative

• None.

Insights

Corporate Governance Analyst

Routine tax-withholding sale tied to RSU settlement; ownership remains significant.

The reported sale of $15.29 per share for 176 shares on 10/07/2025 is described as occurring to satisfy tax withholding obligations arising from the settlement of vested RSUs. Such sales are a common administrative step when equity awards vest and do not, by themselves, indicate a change in executive intent toward the company.

The reporting person continues to hold 355,097 shares directly after the sale, so the transaction leaves significant insider ownership intact. Watch for any subsequent filings that would report additional open-market transactions or scheduled disposition plans within the next reporting period.

Insider Trade Summary

Net Seller: 176 shares

Net Sell 1 txn

Insider Read Brian

Role Chief Financial Officer

Sold 176 shs ($3K)

Type	Security	Shares	Price	Value
Sale	Common Stock	176	$15.29	$3K

Holdings After Transaction: Common Stock — 355,097 shares (Direct)

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 10/07/2025 - 05:50 PM Learn about SEC filing dates

FAQ

What did Serve Robotics CFO Brian Read report on Form 4 (SERV)?

The filing reports the sale of 176 shares on 10/07/2025 at $15.29 per share to satisfy tax withholding for vested RSUs.

How many Serve Robotics (SERV) shares does Brian Read own after the transaction?

The Form 4 shows 355,097 shares beneficially owned by the reporting person after the reported sale.

Why were the 176 Serve Robotics shares sold?

The shares were sold to satisfy tax withholding obligations related to the settlement of vested restricted stock units under an RSU agreement.

Was the Form 4 for Brian Read filed individually or jointly?

The filing indicates it was filed by one reporting person and was signed by an attorney-in-fact on 10/07/2025.

Does the Form 4 show any derivative transactions for Serve Robotics (SERV)?

No derivative transactions are reported in the provided Form 4; only a non-derivative sale of common stock is listed.

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^*

Read Brian

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

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	10/07/2025		S		176(1)	D	$15.29	355,097	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 Brian Read	10/07/2025
	** 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.