Ali Kashani - Dec 31, 2024 Form 4 Insider Report for Serve Robotics Inc. /DE/ (SERV)

Signature
/s/ Evan Dunn, as attorney-in-fact for Ali Kashani
Stock symbol
SERV
Transactions as of
Dec 31, 2024
Transactions value $
-$114,925
Form type
4
Date filed
1/3/2025, 04:40 PM
Previous filing
Dec 27, 2024
Next filing
Jan 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SERV Common Stock Sale -$77.8K -5K -0.15% $15.56 3.28M Dec 31, 2024 Direct F1
transaction SERV Common Stock Sale -$37.1K -2.5K -0.08% $14.85 3.28M Jan 2, 2025 Direct F1
holding SERV Common Stock 16.1K Dec 31, 2024 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on August 19, 2024.