Serve Robotics Inc. /DE/·4

Jun 11, 4:12 PM ET

Kashani Ali 4

Research Summary

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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.