DUOS TECHNOLOGIES GROUP, INC. 8-K

What Happened

• DUOS Technologies Group, Inc. held its 2026 annual meeting of stockholders (record date April 2, 2026) and filed an 8-K reporting the results. As of the record date the company had 29,295,609 shares of common stock outstanding, 999 shares of Series D preferred and 12,500 shares of Series E preferred. Holders representing 20,550,721 common shares (plus all preferred shares) were present in person or by proxy, constituting a quorum.
• All director nominees were elected. Vote totals (For / Withheld) for the five directors were: Charles P. Ferry 17,287,342 / 378,458; Frank A. Lonegro 12,275,595 / 5,390,205; Ned Mavrommatis 12,492,813 / 5,172,987; James Craig Nixon 12,863,671 / 4,802,129; Brian J. James 17,359,835 / 305,965. Frank D. Recker (CEO) was also elected as a director: 13,959,958 For / 2,064,009 Withheld.
• The meeting ratified the appointment of Salberg & Company, P.A. as DUOS’s independent registered public accounting firm for fiscal 2026 (Votes For 23,023,580; Against 59,973; Abstentions 320,502).

Key Details

• Common shares outstanding (April 2, 2026): 29,295,609.
• Preferred shares: Series D — 999 shares; Series E — 12,500 shares; each preferred share carries 333 votes (subject to a 19.99% beneficial ownership cap).
• Broker non-votes: 7,380,088 common shares present were broker non-votes and were not included in the director vote totals.
• Auditor ratification vote included votes from common and preferred holders and passed decisively (23,023,580 For).

Why It Matters

• The board slate and management (including CEO Frank D. Recker joining the board) were confirmed by shareholders, which finalizes DUOS’s governance team for the coming year. That affects who will oversee strategy, operations and financial reporting.
• Ratifying the independent auditor ensures continuity for the company’s upcoming financial audits and reporting for fiscal 2026.
• The sizable number of broker non-votes indicates many shares held by brokers did not provide discretionary votes on director elections; while this did not prevent election of the nominees, broker non-votes can reduce the number of shares actively voting on contested governance matters.