8-KFiled Aug 25, 8:00 PM ET

Duos Technologies Appoints Christopher DeAlmeida as CFO

$DUOT · DUOS TECHNOLOGIES GROUP, INC.

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Duos Technologies Appoints Christopher DeAlmeida as CFO

What Happened Duos Technologies Group, Inc. announced on August 24, 2026 that it has named Christopher J. DeAlmeida as Chief Financial Officer. Adrian Goldfarb, who had been serving as Interim CFO since June 2026, will return to his prior role as Strategic Advisor to the CEO. The company issued a press release on August 26, 2026 announcing the appointment.

Key Details

  • Base salary: $350,000 per year.
  • Bonus: potential up to 80% of base salary, tied to company and individual performance metrics.
  • Equity: grant of 200,000 restricted common shares under the 2021 Equity Incentive Plan; three-year cliff vesting, vesting on September 1, 2029.
  • Relocation and housing: corporate housing in Jacksonville for 90 days and $12,000 relocation assistance (net of taxes).
  • Employment status and disclosures: No formal employment agreement currently; no family relationships or related-party transactions requiring disclosure under Item 404(a).

Why It Matters A permanent CFO hire can affect Duos’ financial reporting, capital allocation and investor communication. The compensation package — a mid six-figure salary, substantial performance bonus opportunity and stock grant with multi-year cliff vesting — aligns the new CFO’s incentives with longer-term performance. Investors should note the timeline and nature of the equity vesting and that the company has shifted from an interim finance leader back to a strategic advisory role for Mr. Goldfarb.