Duos Technologies Group Names Dipan Patel as Chief Operating Officer

What Happened
Duos Technologies Group, Inc. announced in an 8-K filed August 18, 2026 that it appointed Dipan Patel as Chief Operating Officer effective August 14, 2026. Mr. Patel joined the company in June 2026 and brings senior leadership experience across data centers, fiber, power and edge networks, including roles at Telstra InfraCo and SBA Communications.

Key Details

• Appointment effective date: August 14, 2026; company filing date: August 18, 2026.
• Cash compensation: annual base salary of $375,000; potential bonus up to 80% of base salary based on Company and individual performance metrics.
• Equity grant: 200,000 restricted shares under the 2021 Equity Incentive Plan, subject to a three‑year cliff vesting and scheduled to vest on July 1, 2029.
• Employment terms: Mr. Patel currently has no employment agreement with the Company. No family relationships or related‑party transactions requiring Item 404 disclosure were reported.

Why It Matters
This filing documents a senior operational hire with significant infrastructure and network experience and details his pay and equity alignment with shareholders. Investors may view the compensation and multi‑year equity vesting as alignment of Mr. Patel’s incentives with the company’s longer‑term performance. The absence of a formal employment agreement and the specific vesting schedule are facts investors can monitor in future disclosures for changes to executive arrangements.