Read Brian 4
4 · Serve Robotics Inc. /DE/ · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Serve Robotics (SERV) CFO Brian Read Sells 185 Shares
What Happened
Brian Read, Chief Financial Officer of Serve Robotics (SERV), sold 185 shares of common stock on 2026-02-11 at $10.17 per share, generating proceeds of approximately $1,881. The filing indicates the sale was to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs), not an open-market investment decision.
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-12) — filed timely.
- Transaction type/code: Sale (S); footnote indicates tax-withholding related to RSU settlement (F1).
- Price and value: 185 shares at $10.17 each; proceeds ≈ $1,881.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — sale represents shares sold to satisfy tax withholding for vested RSUs.
- Filing timeliness: Report filed the next day (appears timely under Form 4 rules).
Context
Tax-withholding sales following RSU vesting are routine and do not necessarily signal insider sentiment about the company’s outlook. This was not an option exercise or a discretionary open-market sale for investment purposes; it was a withholding transaction to cover taxes.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-11$10.17/sh−185$1,881→ 325,671 total
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.