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Serve Robotics Inc. /DE/·4

Feb 12, 5:27 PM ET

Read Brian 4

Research Summary

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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.