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Serve Robotics Inc. /DE/·4

Mar 16, 4:07 PM ET

Armenta Anthony 4

Research Summary

AI-generated summary

Updated

Serve Robotics (SERV) Chief Software/Data Officer Anthony Armenta Sells Shares

What Happened
Anthony Armenta, Chief Software & Data Officer at Serve Robotics (SERV), disposed of 3,567 shares on 2026-03-13 in a sale at $9.82 per share, generating approximately $35,028. This was a sale (not a purchase) and appears to be a routine transaction to meet tax obligations rather than a market-timing trade.

Key Details

  • Transaction date: 2026-03-13; filed on SEC on 2026-03-16 (appears timely).
  • Type: Sale of common stock (S); reported footnote indicates tax withholding (F1).
  • Shares sold: 3,567 at $9.82 each; total proceeds ≈ $35,028.
  • Reason per footnote F1: Shares were sold to satisfy tax withholding obligations related to the settlement of vested RSUs.
  • Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

  • Sales to cover tax withholding on vested restricted stock units (RSUs) are common and generally considered routine compensation-related transactions, not necessarily a signal of the insider’s view on the company’s stock.
  • No indication of a 10b5-1 plan or late filing in this report; transaction was reported within the typical filing window.