Form 4: DUOT Director Boosts Stake with Compensation Shares

DUOS Technologies Group Director Ned Mavrommatis acquired 11,748 shares of common stock through compensation, increasing his direct beneficial ownership to 50,896 shares.

Summary

• Ned Mavrommatis, a Director of DUOS Technologies Group, Inc., acquired additional common stock as compensation for his services.
• On December 31, 2025, Mr. Mavrommatis acquired 1,748 shares of common stock at a price of $11.4438 per share.
• On January 2, 2026, he acquired an additional 10,000 shares of common stock at a price of $10.8 per share.
• The 10,000 shares acquired on January 2, 2026, were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a one-year cliff vesting period.
• All of these 10,000 shares are scheduled to vest on April 1, 2026.
• Following these transactions, Mr. Mavrommatis directly beneficially owns a total of 50,896 shares of DUOS Technologies Group, Inc. common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as compensation, generally reflects a positive alignment of interests and confidence in the company's future. The vesting period is a standard practice for equity compensation.

Positives

• Director Ned Mavrommatis increased his direct beneficial ownership in DUOS Technologies Group, Inc. by 11,748 shares, signaling confidence in the company.
• The shares were issued as compensation for his services, which aligns the director's financial interests with those of the shareholders.

Risks

• 10,000 shares acquired on January 2, 2026, are subject to a one-year cliff vesting period, meaning full ownership is contingent on continued service until April 1, 2026.

Future Outlook

The filing indicates a future milestone with the vesting of 10,000 shares on April 1, 2026, which will fully transfer ownership of these compensation shares to the director.

Corporate Governance

Related Party Transactions

• Issuance of 1,748 shares and 10,000 shares of common stock to Director Ned Mavrommatis as compensation for his services.

Stakeholder Impact

• Shareholders: Increased direct ownership by a director may be viewed positively, suggesting management's commitment and belief in the company's prospects.
• Employees: The use of an Equity Incentive Plan for director compensation indicates a framework for aligning key personnel's interests with company performance, which could extend to other employees.

Next Steps

• Vesting of 10,000 shares of common stock on April 1, 2026, for Director Ned Mavrommatis.

Key Dates

Recommendation

This filing details a routine insider transaction where a director received shares as compensation. While an increase in director ownership is generally a positive signal of alignment, this Form 4 does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, pending further fundamental analysis of the company's business.

Keywords

DUOS Technologies, DUOT, Form 4, insider transaction, director compensation, equity incentive plan, stock acquisition, beneficial ownership