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Serve Robotics officer’s tax-related sale: 2,130 shares at $10.64

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

Rhea-AI Filing Summary

Serve Robotics Inc. (SERV) – Form 4 insider transaction. On 5 Aug 2025, Chief Hardware & Manufacturing Officer Euan Abraham reported the sale of 2,130 common shares at an indicated price of $10.64 per share. The sale was executed solely to cover tax-withholding obligations arising from the vesting and settlement of previously awarded RSUs, as noted in the footnote.

Following the transaction the executive continues to hold 273,055 shares, maintaining a sizeable direct stake. The filing involves no derivative securities and discloses no additional purchases or dispositions.

Given the limited size of the sale (≈0.8 % of the reported holding) and its administrative purpose, the event is judged neutral for valuation; it does not signal a strategic change or materially alter insider ownership.

Positive

  • Officer retains 273,055 shares, indicating continued alignment with shareholder interests despite the small sale.

Negative

  • Insider sale of 2,130 shares, albeit minor, may be perceived negatively by some investors watching insider activity.

Insights

TL;DR: Small, tax-related insider sale; negligible impact on SERV share-supply signals.

The Form 4 shows Abraham disposing of 2,130 shares (<1 % of his position) to satisfy RSU tax withholding. Post-sale ownership of 273,055 shares keeps him well-aligned with shareholders. The lack of open-market selling motivation and the minimal size reduce negative signalling typically associated with insider sales. No derivative exercises or larger distribution plans are evident. From a governance and liquidity standpoint, the filing is routine and should not materially influence SERV’s risk-reward profile.

Insider Abraham Euan
Role Chief Hardware & Mftg Offcr
Sold 2,130 shs ($23K)
Type Security Shares Price Value
Sale Common Stock 2,130 $10.64 $23K
Holdings After Transaction: Common Stock — 273,055 shares (Direct)
Footnotes (1)
  1. [object Object]
Form 4 Insider Transactions: What Each Field Means →
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*
Abraham Euan
(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 Hardware & Mftg Offcr
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025
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 08/05/2025 S 2,130(1) D $10.64 273,055 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 Euan Abraham 08/06/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many SERV shares did the officer sell?

Euan Abraham sold 2,130 common shares.

What was the sale price disclosed in the Form 4?

The reported price was approximately $10.64 per share.

Why were the SERV shares sold?

The shares were sold to cover tax-withholding obligations related to vested RSUs.

How many SERV shares does the officer own after the sale?

He continues to own 273,055 shares directly.

Does the filing include derivative securities transactions?

No, Table II shows no derivative security activity in this filing.