Dunn Evan 4
Research Summary
AI-generated summary
Serve Robotics (SERV) GC Evan Dunn Sells 688 Shares
What Happened
Evan Dunn, General Counsel of Serve Robotics (SERV), sold 688 shares of the company's common stock on Feb 6, 2026 at $9.56 per share, for total proceeds of $6,577. The sale is reported as a disposition (code S) and was executed to satisfy tax withholding obligations tied to the settlement of vested restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-06; Price: $9.56 per share; Shares sold: 688; Total value: $6,577.
- Transaction code: S (sale); footnote indicates sale was to cover tax withholding for vested RSUs (Footnote F1).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Filing date: 2026-02-09. Because the Form 4 was filed three days after the transaction date (and within the typical two-business-day reporting window for a Feb 6 trade), this filing appears timely.
Context
This was a tax-withholding sale following RSU settlement, a routine administrative transaction commonly seen after equity vesting. The dollar amount is small relative to typical insider trades and does not, by itself, indicate a change in insider sentiment or company outlook.