DUOT CEO Frank Recker Buys 9,250 Shares

What Happened Frank Douglas Recker, CEO of Duos Technologies Group, Inc. (DUOT), acquired 9,250 shares on September 22, 2026. The Form 4 reports the transaction as a purchase at $9.14 per share for a total reported value of $84,557. This was a purchase (insider acquisition), and the filing indicates the shares are subject to vesting conditions described below.

Key Details

• Transaction date and price: 2026-09-22 — Purchase (code P) of 9,250 shares at $9.14 per share; total reported $84,557.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan and are subject to a cliff vesting schedule — all vest on January 1, 2028. Per Mr. Recker’s Employment Agreement, vesting may accelerate to April 1, 2027 if certain fiscal 2026 targets are met.
• Filing timeliness: Form 4 filed on 2026-09-23 for the 2026-09-22 transaction — appears to be timely.

Context The shares are not immediately freely tradable due to cliff vesting, which limits immediate liquidity and selling. Insider purchases can signal confidence but do not guarantee future stock performance; the vesting and potential acceleration conditions here are tied to company performance targets.