Brown Leah F. 4
4 · DUOS TECHNOLOGIES GROUP, INC. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
DUOS (DUOT) CFO Leah Brown Receives 150,000 Shares; Buys 228
What Happened Leah F. Brown, Chief Financial Officer of Duos Technologies Group, Inc. (DUOT), acquired two types of equity: she purchased 228 shares through the company's Employee Stock Purchase Plan (ESPP) on 2025-12-31 for $6.17 each (total ~$1,407), and she received a grant of 150,000 shares on 2026-01-01 under the Issuer’s 2021 Equity Incentive Plan. The 150,000-share grant is a restricted award subject to a three‑year cliff vesting schedule (all vesting on December 31, 2028).
Key Details
- Transaction dates and amounts:
- 2025-12-31: ESPP purchase of 228 shares at $6.17 each (total ~$1,407). Per the filing, ESPP purchases are priced at 85% of the closing price on the measurement date.
- 2026-01-01: Award/grant of 150,000 shares (no purchase price reported; award subject to vesting).
- Vesting/plan notes:
- The 150,000 shares granted under the 2021 Equity Incentive Plan are subject to a three‑year cliff; all vest on 12/31/2028 (Footnote F3).
- ESPP purchase was reported as exempt under Rule 16b‑3(c) (Footnote F1).
- Related option disclosure: options granted 4/1/2023 vest over three years; 6,667 options have vested and are exercisable (Footnote F4).
- Filing timing and ownership:
- Form 4 filed 2026-01-27. Because Form 4s are normally due within two business days of the transaction, this filing appears late relative to the typical deadline.
- The filing excerpt provided does not state total shares owned by Brown after these transactions.
Context
- The ESPP purchase is a routine employee plan buy at a discounted formula price (85% of closing) and is generally viewed as an employee purchase rather than a market-timing signal.
- The 150,000-share grant is a restricted award with cliff vesting; such grants are compensation, not immediate liquidity events. They do not indicate immediate selling but represent future potential ownership if vesting requirements are met.
- The filing also notes outstanding options with some already vested and exercisable; exercisable options can be converted into shares if the insider chooses to exercise them.
Insider Transaction Report
Form 4
Brown Leah F.
Chief Financial Officer
Transactions
- Award
Common Stock, $0.001 par value
[F1][F2]2025-12-31$6.17/sh+228$1,407→ 228 total - Award
Common Stock, $0.001 par value
[F3]2026-01-01+150,000→ 150,000 total
Holdings
- 10,000
Options to Purchase Shares of Common Stock
[F4]Exercise: $4.22Exp: 2028-11-30→ Common Stock, $0.001 par value (10,000 underlying)
Footnotes (4)
- [F1]The reporting person is voluntarily reporting the acquisition of shares of the Issuer's Common Stock pursuant to the Duos Technologies Group, Inc. Employee Stock Purchase Plan (the "ESPP"). The transaction is also exempt under Rule 16b-3(c).
- [F2]In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Common Stock on the relevant measurement date.
- [F3]The shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a three-year cliff vesting period. All of the shares vest on December 31, 2028.
- [F4]These options were granted on April 1, 2023. The options vest over three years, with one third vesting each year. As of the date hereof, options to purchase 6,667 shares have vested and are exercisable.
Signature
/s/ Leah F. Brown|2026-01-27