Form 4: Serve Robotics Officer Sells Shares for Tax Obligations

Serve Robotics' Chief Software & Data Officer, Anthony Armenta, sold 3,545 shares of common stock at $11.63 per share to cover tax withholding obligations related to vested restricted stock units.

Summary

• Anthony Armenta, Chief Software & Data Officer and a Director at Serve Robotics Inc. (SERV), reported a transaction.
• The transaction involved the sale of 3,545 shares of Serve Robotics common stock.
• The shares were sold on November 5, 2025, at a price of $11.63 per share.
• The sale was conducted to satisfy tax withholding obligations associated with the settlement of vested Restricted Stock Units (RSUs).
• Following this transaction, Anthony Armenta beneficially owns 609,119 shares of Serve Robotics common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations related to RSU vesting, which is a common occurrence for executives. It does not indicate a change in management's confidence or the company's operational performance, thus warranting a neutral sentiment.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive landscape for the robotics sector. It reflects standard compensation and tax practices for executives in publicly traded companies.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes, not indicative of a change in company fundamentals or management's outlook.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Serve Robotics, SERV, Anthony Armenta, Insider Trading, Form 4, Stock Sale, Tax Withholding, RSU Vesting, Chief Software & Data Officer, Robotics