Director at Duos Technologies (NASDAQ: DUOT) receives stock compensation grants
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Duos Technologies Group director Frank A. Lonegro reported stock awards. He acquired 2,185 shares of common stock at $11.4438 per share and a separate 10,000-share grant at the same price. The shares were issued as compensation for his services as a Director, and this amendment corrects the issue date and price of the 10,000-share grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lonegro Frank A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value | 2,185 | $11.4438 | $25K |
| Grant/Award | Common Stock, $0.001 par value | 10,000 | $11.4438 | $114K |
Holdings After Transaction:
Common Stock, $0.001 par value — 24,811 shares (Direct)
Footnotes (1)
- These shares were issued to Mr. Lonegro as compensation shares for his services as a Director of the Issuer. This amendment corrects the issue date and price of this 10,000 share grant.
FAQ
What insider transaction did DUOT director Frank A. Lonegro report?
Frank A. Lonegro reported receiving two stock awards in Duos Technologies Group common shares. One grant covered 2,185 shares and another covered 10,000 shares, both at $11.4438 per share, issued as compensation for his services as a Director.
Was the Duos Technologies (DUOT) Form 4/A filing an acquisition or sale?
The Form 4/A shows share acquisitions, not sales, for director Frank A. Lonegro. He received common stock as compensation grants, with no shares disposed in these transactions, and his reported ownership increased following the awards.
Why was the Duos Technologies (DUOT) Form 4 amended?
The Form 4 was amended to correct details of a prior 10,000-share grant. The amendment specifically updates the issue date and the price of that 10,000-share award while reaffirming that it was granted as compensation to director Frank A. Lonegro.