Brian Read, Chief Financial Officer of Serve Robotics Inc., filed a Form 4 on August 19, 2026, disclosing the sale of common stock across three consecutive trading days between August 17 and August 19, 2026.

Key Highlights

  • Three sales reported: 25,240 shares sold on August 17, 2026 at $5.24; 6,129 shares on August 18, 2026 at $4.56; and 9,700 shares on August 19, 2026 at $4.80.
  • Tax-related sale: The 6,129-share transaction on August 18, 2026 was disclosed as shares sold to satisfy tax withholding obligations related to RSU settlement, according to the filing.
  • Remaining ownership: Following all three transactions, Read beneficially owned 276,002 shares of common stock directly, per the filing.
  • All transactions direct: Each sale was reported as a direct ownership transaction, with transaction code "S" applied to all three.
  • Signed by attorney-in-fact: The form was signed by Jongmin Char as attorney-in-fact for Brian Read on August 19, 2026.

Serve Robotics CFO Reports Common Stock Sales and RSU Tax Withholding

According to the Form 4 filed with the SEC, Brian Read, serving as Chief Financial Officer of Serve Robotics Inc. /DE/ (NASDAQ:SERV), disposed of a combined 41,069 shares of common stock over three trading sessions. The filing lists two of the three transactions under transaction code "S," indicating open-market sales, with all dispositions recorded as direct ownership.

The filing notes that the 6,129-share transaction on August 18, 2026 "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." The remaining two transactions on August 17 and August 19 carried no such footnote designation in the filing.

Prior to the first reported transaction, the filing implies a starting beneficial ownership of 317,071 shares, based on the disclosed post-transaction figures. After the August 17 sale of 25,240 shares, the reported balance stood at 291,831 shares. Following the August 18 sale of 6,129 shares, the balance dropped to 285,702 shares, and after the final sale of 9,700 shares on August 19, the filing reports a remaining direct beneficial ownership of 276,002 shares.

What Was Disclosed

The filing reports three dispositions of Serve Robotics common stock by CFO Brian Read between August 17 and August 19, 2026, including one sale tied to RSU tax withholding. His direct beneficial ownership stood at 276,002 shares following all reported transactions.