Ferry Charles Parker 4
Research Summary
AI-generated summary
DUOS (DUOT) Director Ferry Parker Receives 2,074-Share Award
What Happened
- Ferry Charles Parker, a director of Duos Technologies Group, Inc. (DUOT), was granted 2,074 shares on 2026-06-30 as compensation for his director services. The grant price is reported at $12.06 per share for a total value of $25,005. The transaction type is an award/grant (code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02.
- Shares granted: 2,074 at $12.06 each; aggregate value reported $25,005.
- Vesting: Granted pursuant to the Issuer’s 2021 Equity Incentive Plan and subject to a three-year cliff vesting period; the filing states all shares vest on December 31, 2027.
- Ownership notes: The filing indicates these shares were issued as director compensation and that the reporting person’s shares are held in a joint account with his spouse. The filing also references the Duos Technologies Employee Stock Purchase Plan.
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Filing date is 2026-07-02 for a 2026-06-30 transaction; the Form 4 does not indicate a late filing code.
Context
- This was an equity award (compensation) rather than a purchase or sale; such awards are routine director compensation and are typically intended to align long-term interests with shareholders. Because the shares are subject to cliff vesting through 12/31/2027, they are not immediately liquid.