STOCK TITAN

Serve Robotics Strengthens Board Compensation with $20K Stock Award to Vincent Olivier

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Serve Robotics Director Vincent Olivier acquired 20,000 shares of Common Stock through a Restricted Stock Unit (RSU) award on June 23, 2025. The RSUs were granted at $0 cost and will vest in full at the earlier of either the company's next annual shareholder meeting or June 12, 2026.

Following this transaction, Olivier directly owns 29,928 shares of Serve Robotics. This Form 4 filing discloses changes in beneficial ownership pursuant to Section 16(a) of the Securities Exchange Act of 1934.

  • Transaction Type: RSU Award (Non-derivative securities)
  • Filing Status: Individual filing by one reporting person
  • Insider Role: Director
  • Location: Redwood City, CA headquarters

Positive

  • None.

Negative

  • None.
Insider Vincent Olivier
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 20,000 $0.00 --
Holdings After Transaction: Common Stock — 29,928 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
Vincent Olivier

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
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 06/23/2025 A 20,000(1) A $0 29,928 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 Common Stock underlying a restricted stock unit award ("RSU"). The RSU will vest in full on the earlier to occur of (i) the Issuer's next annual shareholder meeting or (ii) June 12, 2026.
Remarks:
Exhibit 24.1: Power of Attorney
/s/ Olivier Vincent 06/23/2025
** 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.

FAQ

How many shares of SERV stock did Director Vincent Olivier acquire on June 23, 2025?

Director Vincent Olivier acquired 20,000 shares of SERV common stock on June 23, 2025 in the form of restricted stock units (RSUs) at a price of $0.

What is the vesting schedule for SERV Director Vincent Olivier's RSU grant?

The RSU grant will vest in full on the earlier of: (i) Serve Robotics' next annual shareholder meeting or (ii) June 12, 2026.

How many SERV shares does Vincent Olivier own after the June 23, 2025 transaction?

Following the reported RSU grant transaction, Vincent Olivier directly owns 29,928 shares of Serve Robotics Inc. (SERV) common stock.

What position does Vincent Olivier hold at SERV according to the Form 4 filing?

According to the Form 4 filing, Vincent Olivier serves as a Director of Serve Robotics Inc. (SERV), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.