STOCK TITAN

[Form 4] Serve Robotics Inc. Insider Trading Activity

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

Serve Robotics Inc. (SERV) Form 4 filing: On 08/05/2025 Chief Software & Data Officer Anthony Armenta sold 2,915 common shares at $10.68 per share (transaction code “S”). The sale was executed to cover tax-withholding obligations stemming from the settlement of vested restricted stock units (RSUs). Following the sale, Armenta retains 612,664 directly held shares, indicating he disposed of roughly 0.5 % of his reported ownership. No derivative transactions were reported and the filing contains no additional share acquisitions or option exercises.

The transaction is relatively small in absolute and percentage terms and was disclosed within two business days, in line with SEC Rule 16a-3 requirements. Because the sale was for tax purposes rather than open-market profit taking, market impact is expected to be limited. Nonetheless, investors often view insider sales, even administrative ones, as a modest negative signal.

Serve Robotics Inc. (SERV) Comunicazione Form 4: Il 08/05/2025 il Chief Software & Data Officer Anthony Armenta ha venduto 2.915 azioni ordinarie al prezzo di $10,68 per azione (codice transazione “S”). La vendita è stata effettuata per coprire le imposte derivanti dalla liquidazione delle restricted stock units (RSU) maturate. Dopo la vendita, Armenta detiene ancora 612.664 azioni direttamente possedute, segnalando che ha ceduto circa lo 0,5% della sua partecipazione dichiarata. Non sono state riportate transazioni su derivati e la comunicazione non contiene ulteriori acquisizioni di azioni o esercizi di opzioni.

La transazione è relativamente contenuta sia in termini assoluti che percentuali ed è stata comunicata entro due giorni lavorativi, in conformità con la normativa SEC Rule 16a-3. Poiché la vendita è stata effettuata per motivi fiscali e non per realizzare profitti sul mercato aperto, l'impatto sul mercato dovrebbe essere limitato. Tuttavia, gli investitori spesso interpretano le vendite da parte di insider, anche se di natura amministrativa, come un segnale leggermente negativo.

Presentación Formulario 4 de Serve Robotics Inc. (SERV): El 08/05/2025, el Chief Software & Data Officer Anthony Armenta vendió 2,915 acciones comunes a $10.68 por acción (código de transacción “S”). La venta se realizó para cubrir obligaciones fiscales derivadas del pago de unidades restringidas de acciones (RSUs) que ya habían vencido. Tras la venta, Armenta mantiene 612,664 acciones en propiedad directa, lo que indica que dispuso aproximadamente del 0.5 % de su participación reportada. No se reportaron transacciones con derivados y la presentación no incluye adquisiciones adicionales de acciones ni ejercicios de opciones.

La transacción es relativamente pequeña tanto en términos absolutos como porcentuales y se divulgó dentro de dos días hábiles, en línea con los requisitos de la regla SEC 16a-3. Dado que la venta fue por motivos fiscales y no por toma de ganancias en el mercado abierto, se espera un impacto limitado en el mercado. No obstante, los inversores suelen interpretar las ventas internas, incluso las administrativas, como una señal moderadamente negativa.

Serve Robotics Inc. (SERV) Form 4 제출: 2025년 8월 5일 최고 소프트웨어 및 데이터 책임자 Anthony Armenta2,915주 보통주를 주당 $10.68에 매도하였습니다(거래 코드 “S”). 이 매도는 이미 확정된 제한 주식 단위(RSU)의 세금 원천징수 의무를 충당하기 위해 이루어졌습니다. 매도 후 Armenta는 직접 보유한 주식 612,664주를 계속 보유

이번 거래는 절대적 및 비율 측면에서 비교적 소규모이며, SEC 규칙 16a-3에 따라 영업일 기준 2일 이내에 공개되었습니다. 매도는 시장에서 이익 실현 목적이 아닌 세금 납부를 위한 것이므로, 시장에 미치는 영향은 제한적일 것으로 예상됩니다. 그럼에도 불구하고 투자자들은 내부자 매도, 심지어 행정적 매도도 다소 부정적인 신호로 받아들이는 경향이 있습니다.

Dépôt Formulaire 4 de Serve Robotics Inc. (SERV) : Le 05/08/2025, le Chief Software & Data Officer Anthony Armenta a vendu 2 915 actions ordinaires au prix de 10,68 $ par action (code transaction « S »). Cette vente a été réalisée pour couvrir les obligations fiscales liées à la liquidation des unités d’actions restreintes (RSU) acquises. Après la vente, Armenta conserve 612 664 actions détenues directement, indiquant qu’il a cédé environ 0,5 % de sa participation déclarée. Aucune transaction sur dérivés n’a été signalée et le dépôt ne mentionne pas d’autres acquisitions d’actions ou d’exercices d’options.

La transaction est relativement modeste en termes absolus et en pourcentage, et a été divulguée dans un délai de deux jours ouvrables, conformément à la règle SEC 16a-3. Étant donné que la vente visait à des fins fiscales plutôt qu’à une prise de bénéfices sur le marché ouvert, l’impact sur le marché devrait être limité. Néanmoins, les investisseurs considèrent souvent les ventes d’initiés, même administratives, comme un signal légèrement négatif.

Serve Robotics Inc. (SERV) Form 4 Meldung: Am 05.08.2025 verkaufte der Chief Software & Data Officer Anthony Armenta 2.915 Stammaktien zu je $10,68 (Transaktionscode „S“). Der Verkauf erfolgte, um Steuerabzugsverpflichtungen im Zusammenhang mit der Abrechnung von unverfallbaren Restricted Stock Units (RSUs) zu erfüllen. Nach dem Verkauf hält Armenta noch 612.664 direkt gehaltene Aktien, was darauf hinweist, dass er etwa 0,5 % seiner gemeldeten Beteiligung veräußert hat. Es wurden keine Derivatgeschäfte gemeldet, und die Meldung enthält keine weiteren Aktienkäufe oder Optionsausübungen.

Die Transaktion ist sowohl absolut als auch prozentual relativ gering und wurde innerhalb von zwei Geschäftstagen offengelegt, gemäß den Anforderungen der SEC-Regel 16a-3. Da der Verkauf aus steuerlichen Gründen und nicht zur Gewinnmitnahme am offenen Markt erfolgte, wird der Markteinfluss voraussichtlich begrenzt sein. Dennoch werten Investoren Insider-Verkäufe, selbst administrative, oft als leicht negatives Signal.

Positive
  • Officer still holds 612,664 shares, indicating ongoing ownership commitment.
Negative
  • Insider sale, even if tax-related, can be perceived as a mild negative signal by sentiment-focused investors.

Insights

TL;DR: Routine tax-related insider sale of 2,915 SERV shares; officer still holds >600k shares—market impact minimal.

The Form 4 shows Armenta disposed of 2,915 shares (≈0.5 % of his stake) at $10.68 to settle RSU-related taxes. Post-transaction ownership remains sizable at 612,664 shares, suggesting continuing alignment with shareholders. Because the sale is flagged as administrative, it lacks the negative signaling normally associated with discretionary insider selling. The small volume relative to SERV’s average daily trading volume should not create supply pressure. Overall, I classify the event as neutral for valuation, though investors tracking insider sentiment may note it as a minor negative.

Serve Robotics Inc. (SERV) Comunicazione Form 4: Il 08/05/2025 il Chief Software & Data Officer Anthony Armenta ha venduto 2.915 azioni ordinarie al prezzo di $10,68 per azione (codice transazione “S”). La vendita è stata effettuata per coprire le imposte derivanti dalla liquidazione delle restricted stock units (RSU) maturate. Dopo la vendita, Armenta detiene ancora 612.664 azioni direttamente possedute, segnalando che ha ceduto circa lo 0,5% della sua partecipazione dichiarata. Non sono state riportate transazioni su derivati e la comunicazione non contiene ulteriori acquisizioni di azioni o esercizi di opzioni.

La transazione è relativamente contenuta sia in termini assoluti che percentuali ed è stata comunicata entro due giorni lavorativi, in conformità con la normativa SEC Rule 16a-3. Poiché la vendita è stata effettuata per motivi fiscali e non per realizzare profitti sul mercato aperto, l'impatto sul mercato dovrebbe essere limitato. Tuttavia, gli investitori spesso interpretano le vendite da parte di insider, anche se di natura amministrativa, come un segnale leggermente negativo.

Presentación Formulario 4 de Serve Robotics Inc. (SERV): El 08/05/2025, el Chief Software & Data Officer Anthony Armenta vendió 2,915 acciones comunes a $10.68 por acción (código de transacción “S”). La venta se realizó para cubrir obligaciones fiscales derivadas del pago de unidades restringidas de acciones (RSUs) que ya habían vencido. Tras la venta, Armenta mantiene 612,664 acciones en propiedad directa, lo que indica que dispuso aproximadamente del 0.5 % de su participación reportada. No se reportaron transacciones con derivados y la presentación no incluye adquisiciones adicionales de acciones ni ejercicios de opciones.

La transacción es relativamente pequeña tanto en términos absolutos como porcentuales y se divulgó dentro de dos días hábiles, en línea con los requisitos de la regla SEC 16a-3. Dado que la venta fue por motivos fiscales y no por toma de ganancias en el mercado abierto, se espera un impacto limitado en el mercado. No obstante, los inversores suelen interpretar las ventas internas, incluso las administrativas, como una señal moderadamente negativa.

Serve Robotics Inc. (SERV) Form 4 제출: 2025년 8월 5일 최고 소프트웨어 및 데이터 책임자 Anthony Armenta2,915주 보통주를 주당 $10.68에 매도하였습니다(거래 코드 “S”). 이 매도는 이미 확정된 제한 주식 단위(RSU)의 세금 원천징수 의무를 충당하기 위해 이루어졌습니다. 매도 후 Armenta는 직접 보유한 주식 612,664주를 계속 보유

이번 거래는 절대적 및 비율 측면에서 비교적 소규모이며, SEC 규칙 16a-3에 따라 영업일 기준 2일 이내에 공개되었습니다. 매도는 시장에서 이익 실현 목적이 아닌 세금 납부를 위한 것이므로, 시장에 미치는 영향은 제한적일 것으로 예상됩니다. 그럼에도 불구하고 투자자들은 내부자 매도, 심지어 행정적 매도도 다소 부정적인 신호로 받아들이는 경향이 있습니다.

Dépôt Formulaire 4 de Serve Robotics Inc. (SERV) : Le 05/08/2025, le Chief Software & Data Officer Anthony Armenta a vendu 2 915 actions ordinaires au prix de 10,68 $ par action (code transaction « S »). Cette vente a été réalisée pour couvrir les obligations fiscales liées à la liquidation des unités d’actions restreintes (RSU) acquises. Après la vente, Armenta conserve 612 664 actions détenues directement, indiquant qu’il a cédé environ 0,5 % de sa participation déclarée. Aucune transaction sur dérivés n’a été signalée et le dépôt ne mentionne pas d’autres acquisitions d’actions ou d’exercices d’options.

La transaction est relativement modeste en termes absolus et en pourcentage, et a été divulguée dans un délai de deux jours ouvrables, conformément à la règle SEC 16a-3. Étant donné que la vente visait à des fins fiscales plutôt qu’à une prise de bénéfices sur le marché ouvert, l’impact sur le marché devrait être limité. Néanmoins, les investisseurs considèrent souvent les ventes d’initiés, même administratives, comme un signal légèrement négatif.

Serve Robotics Inc. (SERV) Form 4 Meldung: Am 05.08.2025 verkaufte der Chief Software & Data Officer Anthony Armenta 2.915 Stammaktien zu je $10,68 (Transaktionscode „S“). Der Verkauf erfolgte, um Steuerabzugsverpflichtungen im Zusammenhang mit der Abrechnung von unverfallbaren Restricted Stock Units (RSUs) zu erfüllen. Nach dem Verkauf hält Armenta noch 612.664 direkt gehaltene Aktien, was darauf hinweist, dass er etwa 0,5 % seiner gemeldeten Beteiligung veräußert hat. Es wurden keine Derivatgeschäfte gemeldet, und die Meldung enthält keine weiteren Aktienkäufe oder Optionsausübungen.

Die Transaktion ist sowohl absolut als auch prozentual relativ gering und wurde innerhalb von zwei Geschäftstagen offengelegt, gemäß den Anforderungen der SEC-Regel 16a-3. Da der Verkauf aus steuerlichen Gründen und nicht zur Gewinnmitnahme am offenen Markt erfolgte, wird der Markteinfluss voraussichtlich begrenzt sein. Dennoch werten Investoren Insider-Verkäufe, selbst administrative, oft als leicht negatives Signal.

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*
Armenta Anthony

(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 Software & Data Officer
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 2,915(1) D $10.68 612,664 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 Anthony Armenta 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.

FAQ

How many SERV shares did Anthony Armenta sell on 08/05/2025?

He sold 2,915 common shares.

At what price were the SERV shares sold?

The shares were sold at $10.68 each.

Why did the officer sell SERV shares?

The sale was to satisfy tax-withholding obligations tied to vested RSUs.

How many SERV shares does Armenta still own after the sale?

He continues to own 612,664 shares directly.

Does the Form 4 include any derivative transactions?

No; there were no options, warrants, or other derivatives reported.
Serve Robotics

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807.90M
51.46M
18.57%
27.88%
19.09%
Specialty Industrial Machinery
General Industrial Machinery & Equipment, Nec
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United States
REDWOOD CITY