Form 4 Filing for DUOS TECHNOLOGIES GROUP, INC.
This filing details a Form 4 submission by Frank Douglas Recker, Chief Executive Officer and Director of DUOS TECHNOLOGIES GROUP, INC. On August 17, 2026, Mr. Recker was granted 880,000 shares of common stock, $0.001 par value, with a transaction price of $0.0. These shares are part of an equity incentive plan and are subject to vesting periods. The grant consists of two tranches, each with time-based and performance-based restricted shares. The time-based shares vest on January 1, 2029, and January 1, 2030, with potential acceleration to April 1, 2028, and April 1, 2029, respectively, upon achievement of certain targets. The performance-based shares vest upon certification of achievement of applicable fiscal year targets for 2027 or 2028. Additionally, 400,000 shares were owned following the transaction, indicating a total of 1,280,000 shares post-transaction. Another footnote mentions shares granted under the same plan, subject to a three-year cliff vesting period, vesting on January 1, 2028, with potential acceleration to April 1, 2027, if certain fiscal 2026 targets are met.