Serve Robotics SEC Filings

Serve Robotics Inc. (SERV) filed a Form 144 indicating that insider Brian Read intends to sell 1,212 common shares through Raymond James on or about 30 Jul 2025. The shares are valued at $12,673.52 (≈ $10.46 per share) and represent roughly 0.002% of the 57.12 million shares outstanding. The sale will be executed on the NASDAQ.

The filing also discloses extensive prior activity: over the past three months, the same seller disposed of 53,586 shares across eight transactions, generating $443,370 in gross proceeds. The upcoming sale follows a recent RSU vesting (acquired 29 Jul 2025, payable in cash).

Form 144 notices are routine and do not require public company approval; however, continued insider selling can influence sentiment. No financial results, guidance or operational updates were provided.

Serve Robotics Inc. (SERV) – Form 4 insider filing

On 07/22/2025, officer and General Counsel Evan Dunn reported the award of 137,782 shares of common stock via a time-based restricted stock unit (RSU) grant. The RSUs were issued at $0 cost as part of equity compensation. Vesting is scheduled in 16 equal quarterly tranches: 1/16 vests on 08/01/2025, with the remaining 15/16 vesting on the same day each subsequent quarter, contingent on continued service.

Following the grant, Dunn’s direct beneficial ownership totals 237,782 SERV shares. No derivative securities were involved, and no shares were sold or transferred.

The filing signals routine executive compensation and slightly increases the company’s outstanding share count; however, the magnitude is immaterial to overall float. The transaction aligns management incentives with shareholder value without immediate cash impact to the company.

Serve Robotics (SERV) filed a Form 4 disclosing that Chief Financial Officer Brian Read received 181,064 time-based restricted stock units (RSUs) on 22-Jul-2025. The award was recorded as an acquisition at $0 because it is equity compensation rather than an open-market purchase.

The RSUs vest in equal 1/16-th installments beginning 1-Aug-2025 and every quarter thereafter, contingent on Mr. Read’s continued service. Following the grant, the executive’s total direct beneficial ownership rose to 397,478 shares. No derivative securities, sales, or additional transactions were reported.

Serve Robotics (SERV) Form 4 filing: On 22 Jul 2025, Chief Hardware & Manufacturing Officer Euan Abraham received an award of 126,330 shares of common stock via time-based RSUs (transaction code “A”) at $0 consideration. His direct beneficial ownership rose to 275,185 shares after the grant.

The RSUs vest in 1/16-increments each quarter beginning 1 Aug 2025, conditioned on continued employment. No derivative transactions were reported. Because the grant is compensatory rather than an open-market purchase, it signals alignment of incentives but does not inject personal capital or indicate market-valuation views. The staggered vesting schedule smooths future dilution and encourages long-term retention.

No financial performance data or additional insider activity accompanied the filing; the disclosure is isolated to this single equity award.

Serve Robotics Inc. (SERV) Form 4 filing, 07/23/2025: Chief Software & Data Officer Anthony Armenta was granted 138,864 time-based restricted stock units (RSUs) of SERV common stock on 07/22/2025. The award carries a $0 acquisition cost and vests in equal 1⁄16 increments, with the first tranche on 08/01/2025 and quarterly thereafter, contingent on continued employment.

Following the grant, Armenta’s direct beneficial ownership rises to 615,579 shares. No shares were sold and no derivative securities were involved. The transaction is classified under code “A” (award) and reflects routine equity compensation rather than an open-market purchase. No other material transactions, earnings data, or balance-sheet impacts are disclosed in this filing.

Serve Robotics Inc. (SERV) – Form 4 filing

President & COO and Director Touraj Parang reported the acquisition of 264,022 Class A common shares on 22 Jul 2025. The shares were received at $0 cost through a time-based restricted stock unit (RSU) award. The RSUs will vest 1/16th on 1 Aug 2025 and 1/16th quarterly thereafter, subject to continued service. After the grant, Parang’s direct beneficial ownership rose to 1,424,671 shares. No derivative transactions, sales, or option exercises were disclosed.

Serve Robotics (SERV) Form 4 filing: CEO & Director Ali Kashani reported the 22 Jul 2025 grant of 382,777 time-based restricted stock units (RSUs) at $0 cost (Transaction Code “A”).

The RSUs vest 1/16 (≈23,924 shares) on 1 Aug 2025 and quarterly thereafter, contingent on continued service. After the award, Kashani’s direct ownership rises to 3,606,204 common shares, with an additional 16,070 shares held indirectly through his spouse. No shares were sold.

The transaction is a routine equity incentive intended to align executive and shareholder interests; company-level dilution from this issuance is likely immaterial.

Serve Robotics Inc. (NASDAQ: SERV) – Form 144 notice of proposed insider sale

The filing shows that insider Brian Read plans to dispose of 1,291 common shares on or about 01 Jul 2025 through Raymond James & Associates. At an estimated market value of $13,985.27, the proposed sale represents roughly 0.002% of the company’s 57.12 million shares outstanding, implying an immaterial effect on the public float.

The shares originate from a restricted stock unit (RSU) grant that vested on 29 Jun 2025; full payment is shown as cash. Form 144 is only a notice—execution is not guaranteed—but it signals potential insider activity.

Recent insider selling history included in the filing lists seven transactions by the same individual between 02 May – 09 Jun 2025, totaling 52,295 shares for gross proceeds of approximately $429,386. This pattern may be relevant to investors tracking insider sentiment.

No operational, earnings, or strategic information is provided; the document is strictly a disclosure of intended and recent share sales.

Pegasystems Inc. (PEGA) has filed a Form 144 indicating an intended insider sale of 4,000 common shares through Morgan Stanley Smith Barney on or about 01 July 2025. The estimated aggregate market value of the planned sale is $216,520, implying an indicative share price of roughly $54.13. The sale represents an immaterial 0.0047 % of the company’s 85.1 million shares outstanding.

The filer is Kenneth Stillwell (and related entities), a senior executive of Pegasystems. Over the past three months, the same insider (or related accounts) has already completed three sales totaling 21,713 shares for combined gross proceeds of about $1.96 million (17,713 shares on 25 Apr 2025; 2,000 shares each on 01 May 2025 and 02 Jun 2025). The filing states the shares to be sold were acquired on 01 Mar 2024 as restricted stock units.

Because a Form 144 is only a notice of proposed sale, the transaction may be executed under an existing Rule 10b5-1 trading plan. While the share count is negligible relative to float, consecutive insider disposals by a key executive can be interpreted as a modest negative sentiment signal. There is no indication of new financing, dilution, or operational changes within this filing.