Form 4: DUOS Technologies Director Ned Mavrommatis Boosts Stake Through Compensation and Equity Plan

DUOS Technologies Group, Inc. Director Ned Mavrommatis acquired additional common stock through compensation and an equity incentive plan, increasing his beneficial ownership.

Summary

• Ned Mavrommatis, a Director of DUOS Technologies Group, Inc. (DUOT), acquired shares of common stock on June 30, 2025.
• Acquired 1,355 shares of common stock at a price of $7.383 per share, issued as compensation for his services as a Director.
• Acquired an additional 10,000 shares of common stock pursuant to the Issuer's 2021 Equity Incentive Plan, as amended.
• The 10,000 shares are subject to a one-year cliff vesting period, with all shares vesting on April 1, 2026.
• Following these transactions, Mr. Mavrommatis directly beneficially owns 37,802 shares of common stock and an additional 10,000 shares subject to vesting.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a director, both as compensation and through an equity incentive plan, generally indicates confidence in the company's future prospects and aligns management interests with shareholders.

Positives

• Director Ned Mavrommatis increased his beneficial ownership in DUOS Technologies Group, Inc., which can signal confidence in the company's future prospects.
• The issuance of shares as compensation and through an equity incentive plan aligns director incentives with shareholder interests.

Risks

• The 10,000 shares granted to Mr. Mavrommatis are subject to a one-year cliff vesting period, meaning full ownership is contingent upon continued service until April 1, 2026.

Future Outlook

The 10,000 shares granted under the 2021 Equity Incentive Plan are subject to a one-year cliff vesting period, with full vesting scheduled for April 1, 2026, indicating future ownership realization.

Industry Context

This filing is an insider transaction report specific to DUOS Technologies Group, Inc. and its director, Ned Mavrommatis, and does not provide broader industry trend analysis.

Related Party Transactions

• Issuance of 1,355 shares to Director Ned Mavrommatis as compensation for his services.
• Grant of 10,000 shares to Director Ned Mavrommatis pursuant to the Issuer's 2021 Equity Incentive Plan.

Stakeholder Impact

• Shareholders: Increased alignment of Director Ned Mavrommatis's interests with shareholders due to his increased equity ownership in the company.

Next Steps

• Vesting of 10,000 shares on April 1, 2026, subject to the one-year cliff vesting period.

Key Dates

Keywords

DUOS Technologies, DUOT, Form 4, Insider Transaction, Director Compensation, Equity Incentive Plan, Stock Acquisition, Beneficial Ownership