DUOS Technologies Group: CEO Frank Recker received 880,000 shares

What happened

• Frank Recker, CEO, was granted 880,000 shares under the issuer's 2021 Equity Incentive Plan on Aug 17, 2026 (transaction code A). The filing lists the price as N/A and does not report a total dollar value.

Key details

• Transaction date: Aug 17, 2026. Transaction code: A (award/grant). Price: N/A.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: the 880,000 shares were granted in two tranches of 440,000 shares each; each tranche is allocated 40% to time-based restricted shares (176,000 shares per tranche) vesting on Jan 1, 2029 and Jan 1, 2030, subject to acceleration under the terms of Mr. Recker's employment agreement to Apr 1, 2028 and Apr 1, 2029 if certain targets are achieved; and 60% to performance-based restricted shares (264,000 shares per tranche) vesting upon certification of the applicable fiscal year's (2027 or 2028) targets.
• Footnote F2: the shares were granted pursuant to the 2021 Equity Incentive Plan and are subject to a three-year cliff vesting period, vesting on Jan 1, 2028, subject to acceleration to Apr 1, 2027 if certain fiscal 2026 targets are achieved.
• Filing date: Oct 15, 2026 for a transaction dated Aug 17, 2026; the filing does not state whether it was timely.

Why it may matter

• This filing reports an award of restricted shares subject to time- and performance-based vesting, not a market sale or open-market purchase.
• The filing does not show why the insider traded or why the company acted.