Duos Technologies Group, Inc.: appoints CFO and chief legal officer

What happened

• Duos Technologies Group, Inc. filed an 8-K reporting that it entered into employment agreements with Christopher DeAlmeida and Matthew Polimeni. On Oct 4, 2026, the company entered into an Employment Agreement with Christopher DeAlmeida, effective Aug 24, 2026, naming him chief financial officer. On Oct 2, 2026, the company entered into an Employment Agreement with Matthew Polimeni, effective Sep 8, 2026, naming him chief legal officer.

Key details

• Each agreement is a 3-year term: DeAlmeida’s term runs through Aug 23, 2029 and automatically renews for successive 1-year periods unless 60 days’ written notice is given.
• Base salary for each officer is $350,000 with an annual target bonus equal to 80% of base salary. Any 2026 bonus for DeAlmeida will be paid as if employed for the full year.
• Each received a grant of 200,000 restricted shares: DeAlmeida’s award vests on Aug 31, 2029 (3-year cliff); Polimeni’s award vests on Oct 1, 2029. Vesting accelerates on a Change of Control and in certain termination scenarios.
• Termination provisions: if terminated without Cause, the officer receives accrued obligations, a pro-rated bonus, cash severance equal to 1 times the sum of base salary and Target Bonus, COBRA premium payment/reimbursement for up to 12 months, and specified equity vesting. If termination occurs within 3 months before or 12 months after a Change of Control, severance is 1.5 times the sum of base salary and Target Bonus and COBRA coverage for up to 18 months, with immediate equity vesting.

Why it may matter

• This report is Item 5.02 (departure of directors or certain officers; election of directors) and covers the terms of employment, compensation, equity awards, severance and change-of-control provisions for the named officers. The filing does not show why the insider traded or why the company acted.