Parang Touraj 4
4 · Serve Robotics Inc. /DE/ · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Serve Robotics (SERV) President & COO Parang Touraj Sells 5,998 Shares
What Happened
- Parang Touraj, President & COO and a director of Serve Robotics (SERV), disposed of 5,998 shares on 2026-02-04 at $10.33 per share, for total proceeds of $61,959.
- The filing notes the sale was to satisfy tax withholding obligations arising from the settlement of vested restricted stock units (RSUs), not a discretionary investment sell‑off.
Key Details
- Transaction date: 2026-02-04; reported on Form 4 filed 2026-02-05 (timely).
- Transaction type/code: Sale (S) — open market or private sale designation.
- Price and amount: 5,998 shares @ $10.33 = $61,959.
- Footnote: Sale executed to satisfy tax withholding on vested RSUs (per restricted stock unit agreement).
- Shares owned after transaction: not specified in the provided filing.
Context
- Sales to cover tax withholding for RSU settlements are a common administrative event and do not by themselves indicate a change in the insider’s view of the company.
- The transaction size (~$62k) is modest; retail investors should consider this as routine compensation-related activity unless further insider patterns emerge.
Insider Transaction Report
Form 4
Parang Touraj
DirectorPresident & COO
Transactions
- Sale
Common Stock
[F1]2026-02-04$10.33/sh−5,998$61,959→ 1,323,685 total
Footnotes (1)
- [F1]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.
Signature
/s/ Jongmin Char, as attorney-in-fact for Touraj Parang|2026-02-05