4/AAccepted Oct 15, 4:16 PM ET
DUOS Technologies Group: CEO Frank Recker bought 9,250 shares
Accepted (ET)
4:16 PM
Oct 15, 2026
Filed
Oct 15, 2026
Documents
1
Size
7.7 KB
Summary
DUOS Technologies Group: CEO Frank Recker bought 9,250 shares
What happened
- The filing reports that Frank Recker, CEO, purchased 9,250 shares on Sep 22, 2026 at $9.14 per share for a total of $84,557.
- The filing is an amendment dated Oct 15, 2026 that also includes disclosure of 880,000 restricted shares granted to Mr. Recker on Aug 17, 2026 under the Issuer's 2021 Equity Incentive Plan, as amended.
Key details
- Transaction date and price: Sep 22, 2026 — purchase of 9,250 shares at $9.14 per share (total $84,557); transaction code P (open market or private purchase).
- Filing date and type: Amended Form 4 filed Oct 15, 2026 to include the Aug 17, 2026 grants.
- Shares owned after the transaction: not reported in this filing.
- Footnotes on the Aug 17, 2026 grants:
- F1: Certain shares granted are subject to a three-year cliff vesting period and vest on Jan 1, 2028, subject to acceleration to Apr 1, 2027 if certain fiscal 2026 targets are achieved.
- F2: The grant was in two tranches of 440,000 shares each (880,000 total). Each tranche is allocated 40% time-based restricted shares (176,000 shares per tranche) vesting on Jan 1, 2029 and Jan 1, 2030 (subject to possible acceleration to Apr 1, 2028 and Apr 1, 2029) and 60% performance-based restricted shares (264,000 shares per tranche) vesting upon certification of achievement of the applicable fiscal year's targets.
- Timeliness: the filing shows the amendment date but does not state a timeliness code.
Why it may matter
- The Sep 22, 2026 entry is a purchase (code P). The Aug 17, 2026 items disclosed in the amendment are awards of restricted shares subject to vesting, not market trades.
- A filing does not show why the insider traded or why the company acted.