Kashani Ali 4
Research Summary
AI-generated summary
Serve Robotics (SERV) CEO Kashani Ali Sells 8,101 Shares
What Happened
- Kashani Ali, CEO of Serve Robotics (SERV), sold 8,101 shares of the company's common stock in a disposition on 2026-02-04. The shares were sold at $10.33 per share for a total reported value of $83,683.
- This sale was done to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs), per the filing footnote.
Key Details
- Transaction date: 2026-02-04; filing date: 2026-02-05 (timely).
- Price: $10.33 per share; Shares sold: 8,101; Reported proceeds: $83,683.
- Shares owned after transaction: Not disclosed in the supplied summary of the filing.
- Footnote: F1 — sale represents shares sold to satisfy tax withholding on vested RSUs under the issuer’s restricted stock unit agreement.
- Transaction code: S (Sale); footnote indicates tax-withholding disposition (common for RSU settlements).
Context
- Sales to cover tax withholding on vested equity are routine and typically reflect tax obligations rather than a discretionary decision to liquidate stock; they do not necessarily signal insider sentiment about the company's prospects.