Serve Robotics Inc. /DE/·4

Mar 11, 4:17 PM ET

Kashani Ali 4

4 · Serve Robotics Inc. /DE/ · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

Serve Robotics (SERV) CEO Kashani Ali Sells 13,500 Shares

What Happened
Kashani Ali, CEO of Serve Robotics (SERV), sold 13,500 shares on 2026-03-10 at $9.72 per share, generating proceeds of $131,220. The filing lists the transaction as a sale (code S) and the disposition is tied to the settlement of vested restricted stock units.

Key Details

  • Transaction date and price: 2026-03-10 — 13,500 shares @ $9.72 each (total $131,220).
  • Reason/footnote: Footnote F1 indicates the shares were sold to satisfy tax withholding obligations related to the acquisition of shares upon settlement of vested RSUs (i.e., a sell-to-cover).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Report filed 2026-03-11 for the 2026-03-10 transaction — appears to be timely.

Context
Sales to cover tax withholding following RSU vesting are common and typically represent a non-investment-related disposition rather than a direct signal about the insider’s view of the company. This was not a purchase or option exercise; it was a sale to satisfy tax obligations tied to RSU settlement.

Insider Transaction Report

Form 4
Period: 2026-03-10
Kashani Ali
DirectorChief Executive Officer
Transactions
  • Sale

    Common Stock

    [F1]
    2026-03-10$9.72/sh13,500$131,2203,334,914 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    16,070
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 Ali Kashani|2026-03-11

Documents

1 file
  • 4
    wk-form4_1773260236.xmlPrimary

    FORM 4