Director Ned Mavrommatis receives 1,659 DUOS (DUOT) shares as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAVROMMATIS NED reported acquisition or exercise transactions in this Form 4 filing.
DUOS Technologies Group director Ned Mavrommatis received additional company shares as compensation. He was granted 1,659 shares of common stock at a value of $12.0563 per share for his service as a director. After this award, his directly held position increased to 65,543 shares of DUOS Technologies Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MAVROMMATIS NED
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value | 1,659 | $12.0563 | $20K |
Holdings After Transaction:
Common Stock, $0.001 par value — 65,543 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,659 shares
Grant value per share: $12.0563 per share
Shares held after transaction: 65,543 shares
3 metrics
Shares granted
1,659 shares
Compensation grant to director on 2026-06-30
Grant value per share
$12.0563 per share
Value used for the compensation share award
Shares held after transaction
65,543 shares
Director’s direct holdings following the grant
Key Terms
Grant, award, or other acquisition, Common Stock, $0.001 par value, compensation shares, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock, $0.001 par value financial
"security_title: "Common Stock, $0.001 par value""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did DUOS Technologies (DUOT) report for Ned Mavrommatis?
DUOS Technologies reported that director Ned Mavrommatis received a grant of 1,659 shares of common stock. The shares were issued as compensation for his services as a director, increasing his directly held position to 65,543 shares following the transaction.
Was the DUOS Technologies (DUOT) transaction an open-market purchase or a grant?
The transaction was a grant, not an open-market purchase. Ned Mavrommatis acquired 1,659 shares classified as a “Grant, award, or other acquisition,” issued as compensation shares for his service as a director of DUOS Technologies Group.
What is the significance of the transaction code "A" in the DUOS Technologies (DUOT) Form 4?
The transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects that 1,659 common shares were issued to Ned Mavrommatis as compensation for his role as a director, rather than being bought in the market.