Duos Technologies (NASDAQ: DUOT) interim CFO receives 1,532-share equity grant
Rhea-AI Filing Summary
Goldfarb Adrian Graham reported acquisition or exercise transactions in this Form 4 filing.
Duos Technologies Group Interim CFO Adrian Graham Goldfarb reported new equity compensation in the company’s stock. He received a grant of 1,532 shares of common stock at $9.18 per share, increasing his directly held position in this account to 2,247 shares.
The filing notes that the shares were granted under the company’s 2021 Equity Incentive Plan and are subject to a three-year cliff vesting schedule, with all shares vesting on January 1, 2028. Footnotes also reference participation in the Employee Stock Purchase Plan, where shares are purchased at 85% of the closing price on the measurement date.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 1,532 shares
Net Buy
3 txns
Insider
Goldfarb Adrian Graham
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value | 1,532 | $9.18 | $14K |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.001 par value — 444,522 shares (Direct)
Footnotes (3)
- F1. The reporting person is voluntarily reporting the acquisition of shares of the Issuer's Common Stock pursuant to the Duos Technologies Group, Inc. Employee Stock Purchase Plan (the "ESPP"). The transaction is also exempt under Rule 16b-3(c).
- F2. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Common Stock on the relevant measurement date.
- F3. The shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a three-year cliff vesting period. All of the shares vest on January 1, 2028.
Key Figures
Shares granted: 1,532 shares
Grant price: $9.18 per share
Post-grant holdings (account 1): 2,247 shares
+4 more
7 metrics
Shares granted
1,532 shares
Equity grant under 2021 Equity Incentive Plan
Grant price
$9.18 per share
Price for the 1,532-share common stock award
Post-grant holdings (account 1)
2,247 shares
Total direct common shares after grant in that line item
Additional direct holding
1,000 shares
Separate direct common stock position reported
Large direct position
441,275 shares
Another direct common stock holding reported for the insider
Vesting date
January 1, 2028
All granted shares vest on this date after three-year cliff
ESPP discount
85% of closing price
Pricing mechanism for ESPP share purchases
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(c), three-year cliff vesting period, 2021 Equity Incentive Plan, +1 more
5 terms
Employee Stock Purchase Plan financial
"The reporting person is voluntarily reporting the acquisition of shares of the Issuer's Common Stock pursuant to the Duos Technologies Group, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"The transaction is also exempt under Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
three-year cliff vesting period financial
"The shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a three-year cliff vesting period."
2021 Equity Incentive Plan financial
"The shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a three-year cliff vesting period."
closing price financial
"these shares were purchased based on 85% of the closing price of the Common Stock on the relevant measurement date."
FAQ
What insider transaction did Duos Technologies (DUOT) report for its Interim CFO?
Duos Technologies reported an equity grant to Interim CFO Adrian Graham Goldfarb. He received 1,532 shares of common stock at $9.18 per share, raising his directly held balance in that account to 2,247 shares as part of his compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.
