Kashani Ali 4
4 · Serve Robotics Inc. /DE/ · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Serve Robotics (SERV) CEO Kashani Ali Sells 15,885 Shares
What Happened
- Kashani Ali, CEO of Serve Robotics (SERV), disposed of 15,885 shares of common stock on 2026-06-10 at $7.24 per share, generating proceeds of $115,007. The Form 4 shows this as a sale (code S).
Key Details
- Transaction date and price: 2026-06-10, 15,885 shares at $7.24 each (total $115,007).
- Transaction type/code: Sale (S); filing includes footnote F1 indicating the shares were sold to satisfy tax withholding obligations related to the settlement of vested RSUs.
- Filing date/timeliness: Form 4 filed 2026-06-11 for the 2026-06-10 transaction — appears to be filed promptly.
- Shares owned after transaction: Not disclosed in this filing.
Context
- Per the filing footnote, the sale was to cover tax withholding on vested restricted stock units (RSUs), a common administrative (non-investment) sale; such transactions typically reflect payroll tax requirements rather than a market-view decision.
Insider Transaction Report
Form 4
Kashani Ali
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1]2026-06-10$7.24/sh−15,885$115,007→ 3,278,091 total
Holdings
- 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.
Signature
/s/ Jongmin Char, as attorney-in-fact for Ali Kashani|2026-06-11