Goldfarb Adrian Graham 4

What Happened
Adrian Graham Goldfarb, Interim Chief Financial Officer of Duos Technologies Group, Inc. (DUOT), acquired 1,532 shares of the company's common stock on June 30, 2026. The reported per-share price was $9.18, for a total value of $14,064. The filing classifies the transaction as an acquisition/award (code A), reflecting shares obtained through company equity programs rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-02 (appears timely).
• Price: $9.18 per share; Total value: $14,064.
• Shares acquired: 1,532.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes from the filing:
  • The reporting person voluntarily reported the acquisition under the Duos Technologies Employee Stock Purchase Plan (ESPP); transaction is exempt under Rule 16b-3(c).
  • Under the ESPP the shares were purchased at 85% of the closing price on the relevant measurement date (an employee discount).
  • The filing also notes the shares were granted pursuant to the Issuer’s 2021 Equity Incentive Plan and are subject to a three‑year cliff vesting schedule; all shares vest on January 1, 2028.
• Transaction type code: A = Award/Acquisition.

Context
ESPP purchases at a discount are common ways employees and executives obtain company stock; the 85% pricing indicates shares were bought at a 15% discount to the measurement-date closing price. The noted three-year cliff vesting (vesting on 2028-01-01) means these shares are not immediately fully transferable. Because this is an acquisition via company plans and relatively modest in value (~$14k), it is typically considered routine compensation/employee participation rather than a directional trading signal.