Serve Robotics Inc. (SERV) received a Rule 144 notice regarding a proposed sale of common stock by Touraj Parang, with Fidelity Brokerage Services LLC acting as broker and attorney-in-fact. The notice covers shares arising from restricted stock vesting events and indicates that part of the sale is intended to cover tax obligations tied to vested equity awards. It also reports a prior sale of common shares within the last three months.
Serve Robotics Inc. (SERV) had a Rule 144 notice filed on behalf of Touraj Parang for potential sales of common stock through Fidelity Brokerage Services LLC on NASDAQ. The notice lists 18,183 common shares with an aggregate market value of $82,362.66 as of August 18, 2026.
Planned shares come from restricted stock vesting events: 714 shares on December 5, 2025, 6,965 shares on January 5, 2026, and 10,504 shares on February 1, 2026, all described as compensation. The filing also reports that 4,219 common shares were sold in the prior three months for $30,525.52 on June 10, 2026.
SERV insider Brian Read filed a notice to sell 25,240 shares of common stock through Fidelity Brokerage Services LLC on or after 08/17/2026 on NASDAQ, with an indicated aggregate market value of $132,257.60. The shares relate to multiple restricted stock vesting events granted by the issuer as compensation between 09/05/2025 and 06/05/2026, with individual vesting lots ranging from tens to several thousand shares. The notice also lists a prior sale of 1,496 common shares for $10,824.13 on 06/10/2026.
SERV reports that a holder intends to sell 25,240 shares of common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $132,257.60 as of 08/17/2026 on NASDAQ. In the past three months, Brian Read sold 1,496 shares for $10,824.16. The filing also lists multiple future restricted stock vesting events granted as compensation.
Serve Robotics Inc. reported that lower-than-expected delivery volume through its Uber Eats partnership led to a decline in revenue in the second quarter of 2026, and it expects reduced demand in the second half of 2026.
At the same time, the company announced a broad expansion: a new partnership bringing robot delivery to the Grubhub marketplace in Chicago, Los Angeles and Alexandria; launches in Washington, DC and San Jose, its seventh and eighth major U.S. markets, plus its first Miami microdepot to support faster, lower-cost deployment. Serve’s Diligent Robotics unit has begun rolling out the next-generation hospital robot Moxi 2.0 with significantly enhanced computing power and battery life, while Serve previewed the Beacon countertop device for restaurants and introduced Serve Advertising “Characters,” including the first character, Chomp, in collaboration with Grubhub.
Serve Robotics Inc. reported sharp growth in early-stage operations for the quarter ended June 30, 2026, with revenue of $3,238 thousand, up from $642 thousand a year earlier, driven by fleet and software services. Six‑month revenue reached $6,222 thousand.
Heavy investment continues: total operating expenses were $57,286 thousand in the quarter, leading to a net loss of $64,127 thousand, and a six‑month net loss of $113,131 thousand. As of June 30, 2026, liquidity comprised $79.1 million of cash and cash equivalents and $156.3 million of short‑term marketable securities, or $235.4 million in total. The company completed acquisitions of Diligent Robotics ($25.7 million), Vebu ($3.7 million), and earlier Vayu Robotics ($39.5 million) to expand healthcare, kitchen and AI autonomy capabilities. Management acknowledges ongoing losses but expects existing liquidity to fund operations for at least twelve months while it may seek additional equity or debt financing, which could dilute stockholders.
Serve Robotics Inc. reported second-quarter 2026 results, showing rapid revenue growth but continued heavy losses and a revised outlook. Revenue was $3.2 million, up 404% year over year and 9% sequential, with recurring revenue exceeding half of total revenue and advertising nearly half of food-delivery revenue.
Healthcare operations generated steady revenue, with seven multiyear hospital contract extensions and two new hospitals added in the first half of 2026, and DoorDash partnership revenue grew nearly 50% sequentially. However, the quarter produced a GAAP net loss of about $64.1 million, a gross loss of $8.8 million and negative adjusted EBITDA.
Serve ended June 30, 2026 with $240.4 million in cash and marketable securities and about 86 million shares outstanding. Full-year 2026 revenue guidance was cut to $9–$10 million due to lower Uber Eats volumes and removal of second-half demand, while non-GAAP operating expense guidance was reduced to $140–$150 million.
BlackRock, Inc. filed an amended Schedule 13G reporting a passive ownership stake in SERVE ROBOTICS INC common stock. BlackRock reports beneficial ownership of 5,922,044 shares, representing 7.7% of the class as of June 30, 2026.
BlackRock has sole voting power over 5,800,477 shares and sole dispositive power over 5,922,044 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of the outstanding common shares.
Lieber Andreas reported acquisition or exercise transactions in this Form 4 filing.
Serve Robotics Inc. director Andreas Lieber reported receiving 20,000 shares of Common Stock as a restricted stock unit (RSU) award. The RSU vests in full on the earlier of the company’s next annual shareholder meeting or June 22, 2027, meaning the shares are subject to time-based vesting conditions.
Serve Robotics Inc. director Andreas Lieber has filed an initial Form 3, which is a required statement of beneficial ownership for insiders. The provided data shows no reportable transactions, derivative positions, or share holdings at this time for this reporting person.