Parang Touraj 4

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.