Serve Robotics Executives Conduct Share Sales for Tax Obligations
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Parang Touraj | President & COO | Sell | $555,691 | Form 4 |
| Kashani Ali | Chief Executive Officer | Sell | $1,701,712 | Form 4 |
| Abraham Euan | Chief Hardware & Mftg Offcr | Sell | $133,591 | Form 4 |
| Read Brian | Chief Financial Officer | Sell | $74,931 | Form 4 |
Several executives at Serve Robotics have recently sold shares to cover tax obligations related to vested Restricted Stock Units (RSUs).
Parang Touraj, the company's President & COO, sold 53,690 shares at $10.35 each, totaling $555,691. After this transaction, Touraj directly owns 1,365,416 shares of the company.
Ali Kashani, Serve Robotics' CEO and Director, sold 164,735 shares at $10.33 per share, with a total sale amount of $1,701,712. Kashani now directly owns 3,434,002 shares and indirectly owns 16,070 shares through a spouse.
Abraham Euan, Chief Hardware & Manufacturing Officer, sold 12,603 shares at $10.6 each, totaling $133,591. Post-sale, Euan directly owns 260,452 shares.
Brian Read, the CFO, sold 7,175 shares at prices between $10.39 and $10.47, totaling $74,931. Following these transactions, Read directly owns 364,758 shares.