Brian Read - 22 May 2025 Form 4 Insider Report for Serve Robotics Inc. /DE/ (SERV)

Signature
/s/ Evan Dunn, as attorney-in-fact for Brian Read
Issuer symbol
SERV
Transactions as of
22 May 2025
Net transactions value
-$11,520
Form type
4
Filing time
23 May 2025, 19:52:21 UTC
Previous filing
13 May 2025
Next filing
27 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Read Brian Chief Financial Officer C/O SERVE ROBOTICS INC., 730 BROADWAY, REDWOOD CITY /s/ Evan Dunn, as attorney-in-fact for Brian Read 23 May 2025 0002021854

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SERV Common Stock Sale $11,520 -1,000 -0.44% $11.52 224,000 22 May 2025 Direct F1
* 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 16, 2024, under which shares of the Issuer's common stock could begin to be sold on April 29, 2025.