Ali Kashani, Chief Executive Officer and Director of Serve Robotics Inc., filed a Form 4 on August 19, 2026, reporting the sale of 45,158 shares of common stock on August 18, 2026, to satisfy tax withholding obligations tied to the settlement of vested restricted stock units.

Key Highlights

  • Reporting person: Ali Kashani, Chief Executive Officer and Director of Serve Robotics Inc.
  • Transaction: 45,158 shares of common stock disposed of (transaction code S) on August 18, 2026, at $4.56 per share.
  • Purpose: Shares were sold to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs), according to the filing.
  • Direct holdings following transaction: 3,232,933 shares of common stock held directly.
  • Indirect holdings: 16,070 shares held indirectly by spouse.
  • Issuer: Serve Robotics Inc. /DE/, trading on NASDAQ:SERV.

Ali Kashani RSU Tax Withholding Sale at Serve Robotics

According to the Form 4 filed with the SEC on August 19, 2026, Ali Kashani, who serves as both Chief Executive Officer and Director of Serve Robotics Inc. /DE/, reported a disposition of 45,158 shares of the company's common stock. The transaction, dated August 18, 2026, was recorded under transaction code S at a price of $4.56 per share.

The filing includes a footnote explaining that the shares sold do not represent an open-market sale initiated independently. As stated in the filing, the transaction "represents shares of the Issuer's common stock sold to satisfy tax withholding obligations relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs pursuant to provisions of a restricted stock unit agreement by and between the Issuer and the Reporting Person."

Following the reported transaction, the filing indicates that Kashani directly holds 3,232,933 shares of Serve Robotics common stock. Additionally, 16,070 shares are reported as indirectly held by his spouse. The Form 4 was signed by Jongmin Char as attorney-in-fact for Ali Kashani on August 19, 2026, and was filed as an individual, single-person report.

What Was Disclosed

Serve Robotics CEO Ali Kashani reported the sale of 45,158 common shares at $4.56 on August 18, 2026, solely to cover tax withholding on vested RSUs, leaving him with 3,232,933 shares held directly and 16,070 held indirectly by spouse.