Goldberg David Michael 4

What Happened

• David Michael Goldberg, a director of Serve Robotics Inc. (SERV), reported a sale and an award. On June 16, 2026 he sold 10,600 shares in an open-market/private sale at $7.20 per share for proceeds of $76,320. On June 17, 2026 he was granted 20,000 restricted stock units (RSUs) with no immediate cash cost (acquisition price $0).

Key Details

• Transaction dates and prices:
  • 2026-06-16: Sale of 10,600 shares at $7.20 each — proceeds $76,320. (Footnote: sale effected under a Rule 10b5-1 plan adopted Sept 29, 2025.)
  • 2026-06-17: Grant of 20,000 RSUs at $0.00 (no cash paid). (Footnote: RSUs vest in full on the earlier of the issuer’s next annual meeting or June 17, 2027.)
• Shares owned after the transactions: Not specified in the Form 4 filing.
• Filing timeliness: Form 4 was filed June 18, 2026 for transactions on June 16–17, 2026 — appears to be timely (within the usual two-business-day deadline).
• Footnotes of note: F1 = sale under a prearranged Rule 10b5-1 plan; F2 = RSUs subject to future vesting.

Context

• The June 16 sale was executed under a pre-established 10b5-1 plan, which typically schedules trades in advance and can indicate routine disposition rather than a change in view. The June 17 award is an RSU grant that carries no immediate economic ownership until vesting; it represents compensation/retention rather than an open-market purchase. Purchases (not present here) generally convey stronger positive signals than routine sales or compensation grants.