Form 4: DUOT CEO Charles Ferry Boosts Stake via ESPP
Statement of Changes in Beneficial Ownership
DUOS Technologies Group CEO Charles Parker Ferry reported an acquisition of 648 shares of common stock through the company's Employee Stock Purchase Plan.
Summary
- Charles Parker Ferry, CEO and Director of DUOS Technologies Group, Inc. (DUOT), acquired 648 shares of common stock.
- The acquisition occurred on December 31, 2025, through the company's Employee Stock Purchase Plan (ESPP).
- The shares were purchased at a price of $6.171 per share, which represents 85% of the closing price on the relevant measurement date.
- Following this transaction, Mr. Ferry directly owns 5,044 shares and indirectly owns 9,773 shares in a joint account with his spouse.
- Additionally, Mr. Ferry holds 522,889 shares granted under the 2021 Equity Incentive Plan, which are subject to a three-year cliff vesting period and will fully vest on January 1, 2028.
Sentiment
Score: 6
Explanation: Slightly positive due to insider acquisition of shares, indicating management's continued investment, though the transaction is routine via an ESPP.
Positives
- CEO Charles Parker Ferry acquired 648 shares through the Employee Stock Purchase Plan, indicating management's continued investment in the company.
- The transaction is exempt under Rule 16b-3(c), suggesting it is a routine, pre-approved insider transaction.
Future Outlook
522,889 shares granted under the 2021 Equity Incentive Plan are subject to a three-year cliff vesting period, with all shares vesting on January 1, 2028.
Industry Context
This filing is a routine insider transaction report and does not provide specific industry context. However, insider purchases, even small ones through an ESPP, can sometimes be viewed as a minor positive signal of management's belief in the company's future, aligning their interests with shareholders.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Plan Participation | CEO Charles Parker Ferry acquired shares through the Duos Technologies Group, Inc. Employee Stock Purchase Plan (ESPP). | 12/31/2025 | Demonstrates ongoing participation of key management in company equity plans, aligning interests with shareholders. |
| Equity Incentive Grant | 522,889 shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, subject to a three-year cliff vesting period. | N/A (grant date not specified, but vesting on 01/01/2028 implies prior grant) | Provides long-term incentive for the CEO, aligning performance with shareholder value over time. |
Stakeholder Impact
- Shareholders: Increased alignment of CEO's interests with shareholders through direct stock ownership and future vesting equity.
- Employees: The existence of an Employee Stock Purchase Plan (ESPP) suggests a broader program for employee equity participation.
Next Steps
- The 522,889 shares granted under the 2021 Equity Incentive Plan will vest on January 1, 2028.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Transaction date for the acquisition of 648 shares via ESPP. |
| 01/07/2026 | Signature date of the reporting person. |
| 01/01/2028 | Vesting date for 522,889 shares granted under the 2021 Equity Incentive Plan. |
Keywords
DUOS Technologies Group, DUOT, Charles Parker Ferry, Form 4, Insider Trading, Stock Purchase, CEO, Employee Stock Purchase Plan, Equity Incentive Plan, Beneficial Ownership
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