Parang Touraj 4
4 · Serve Robotics Inc. /DE/ · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Serve Robotics (SERV) President & COO Parang Touraj Sells 3,558 Shares
What Happened
- Parang Touraj, President & COO and a director of Serve Robotics (SERV), reported a sale of 3,558 common shares on 2026-02-11. The shares were disposed at $10.17 each for a total of $36,185. The filing indicates the sale was to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-11; Filing date: 2026-02-12 (timely, next-day filing).
- Transaction type/code: Sale (S) — described as open market or private sale.
- Price and value: 3,558 shares × $10.17 = $36,185.
- Footnote: F1 — sale made to satisfy tax withholding obligations on vested RSUs.
- Shares owned after transaction: Not specified in the provided filing summary.
- No 10b5-1 plan or late-filing indication noted in the filing.
Context
- The sale was executed to cover tax withholding tied to vested RSUs, a common and routine reason insiders sell shares that does not necessarily indicate a change in their view of the company. Retail investors typically treat such tax-withholding disposals differently from discretionary sales intended to raise cash or rebalance holdings.
Insider Transaction Report
Form 4
Parang Touraj
DirectorPresident & COO
Transactions
- Sale
Common Stock
[F1]2026-02-11$10.17/sh−3,558$36,185→ 1,320,127 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|2026-02-12