STOCK TITAN

SERV Form 4: Chief Hardware Officer Sells 12,603 Shares for Tax Withholding

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

Rhea-AI Filing Summary

Serve Robotics insider sale to cover RSU tax withholding. Abraham Euan, identified as the company's Chief Hardware & Manufacturing Officer, reported a sale of 12,603 shares of Serve Robotics common stock on 09/08/2025 at a reported price of $10.60 per share. The filing states the shares were sold to satisfy tax withholding obligations arising from the settlement of vested restricted stock units. After the transaction the reporting person beneficially owns 260,452 shares, reported as direct ownership. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/08/2025.

Positive

  • Timely disclosure of the insider transaction consistent with Section 16 filing requirements
  • Sale clearly attributed to tax withholding from RSU settlement, explaining the reason for disposition

Negative

  • Reduction in executive's direct holdings by 12,603 shares following the sale

Insights

TL;DR: Routine insider sale to satisfy tax withholding from RSU vesting; disclosure aligns with Section 16 reporting requirements.

The Form 4 documents a non-derivative disposition of 12,603 shares by an officer to satisfy tax obligations tied to vested RSUs. This is a standard internal liquidity action rather than a discretionary trading decision for cash raising. The filing identifies direct beneficial ownership of 260,452 shares post-transaction, preserving transparency around executive holdings. No additional sales, option exercises, or new grants are disclosed in this filing.

TL;DR: The transaction is tax-related and routine; it provides limited new information on executive intent or company fundamentals.

The sale price reported is $10.60 per share and the transaction date is 09/08/2025. Because the disposition is explicitly described as tax-withholding on vested RSUs, it should not be interpreted as a signal about the officer's view on company prospects. The post-transaction direct holding of 260,452 shares remains material for ownership disclosure but the filing does not indicate any change in compensation structure or additional market-facing transactions.

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)
09/08/2025
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 09/08/2025 S 12,603(1) D $10.6 260,452 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 09/08/2025
** 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

What did Serve Robotics insider Abraham Euan sell on 09/08/2025?

He sold 12,603 shares of Serve Robotics common stock on 09/08/2025 at a reported price of $10.60 per share.

Why were the shares sold according to the Form 4 for SERV?

The filing states the shares were sold to satisfy tax withholding obligations related to the settlement of vested restricted stock units.

How many Serve Robotics shares does the reporting person own after the transaction?

The reporting person beneficially owns 260,452 shares following the reported transaction.

What is Abraham Euan's role at Serve Robotics as listed on the Form 4?

He is listed as an Officer with the title Chief Hardware & Manufacturing Officer.

Who signed the Form 4 filing for Abraham Euan and when?

The Form 4 is signed by /s/ Jongmin Char, as attorney-in-fact for Euan Abraham dated 09/08/2025.
Serve Robotics

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SERV Stock Data

687.27M
67.69M
Specialty Industrial Machinery
General Industrial Machinery & Equipment, Nec
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United States
REDWOOD CITY