Kashani Ali 4
4 · Serve Robotics Inc. /DE/ · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Serve Robotics CEO Kashani Ali Sells 14,541 Shares
What Happened
Kashani Ali, CEO of Serve Robotics (SERV), disposed of 14,541 shares of the company's common stock in an open-market/private sale on April 8, 2026, at $8.62 per share, generating proceeds of $125,343. The filing’s footnote states the shares were sold to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs).
Key Details
- Transaction date: 2026-04-08; Price: $8.62 per share; Shares sold: 14,541; Total proceeds: $125,343.
- Transaction code: S (sale). Footnote F1: sale to satisfy tax withholding on vested RSUs.
- Shares owned after transaction: not specified in the provided filing.
- Form 4 filed on 2026-04-09 (next day); no late filing indicated.
Context
The sale was executed to cover tax withholding for RSU settlement (a routine administrative sale), not described as a discretionary divestiture. Such tax-withholding sales are common when equity awards vest and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-04-08$8.62/sh−14,541$125,343→ 3,320,373 total
- 16,070(indirect: By Spouse)
Common Stock
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.