Duos Technologies (DUOT) CEO exits role, trims major share grant

Rhea-AI Filing Summary

DUOS TECHNOLOGIES GROUP, INC. director Charles Parker Ferry reported an administrative change to his equity award following his resignation as Chief Executive Officer effective April 1, 2026. His prior grant under the 2021 Equity Incentive Plan was amended, reducing the shares subject to the grant from 522,889 to 261,445.

The amended grant retains the same cliff vesting terms, with all 261,445 shares scheduled to vest on December 31, 2027. The filing also reflects direct holdings of 5,044 shares acquired through the Employee Stock Purchase Plan and 9,773 shares held in a joint account with his spouse. Ferry continues to serve as a director of the company.

Positive

• None.

Negative

• Chief Executive Officer resignation: Charles Parker Ferry resigned as CEO effective April 1, 2026, representing a significant leadership change even though he remains on the board as a director.

Insights

Corporate governance analyst

CEO resignation paired with a downsized equity grant, while the individual remains on the board.

Duos Technologies Group discloses that Charles Parker Ferry resigned as Chief Executive Officer effective April 1, 2026, but remains a director. In connection with this change, his equity award under the 2021 Equity Incentive Plan was amended and significantly reduced.

The grant was cut from 522,889 shares to 261,445 shares of common stock. These shares retain a cliff vesting structure and are scheduled to vest on December 31, 2027, tying Ferry’s long-term incentive to that date despite his departure from the CEO role.

The filing also notes 5,044 shares acquired through the Employee Stock Purchase Plan and 9,773 shares held in a joint account with his spouse, providing a snapshot of his continuing equity exposure. From an investor perspective, the leadership transition and resized award are notable governance developments, though financial implications are not quantified here.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Ferry Charles Parker

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock, $0.001 par value	261,444	$0.00	--
holding	Common Stock, $0.001 par value	--	--	--
holding	Common Stock, $0.001 par value	--	--	--

Holdings After Transaction: Common Stock, $0.001 par value — 261,445 shares (Direct)

Footnotes (1)

1. Mr. Ferry resigned as Chief Executive Officer of the Issuer effective April 1, 2026. In connection with his resignation, Mr. Ferry and the Issuer amended his previous grant of shares under the 2021 Equity Incentive Plan and reduced the number of shares subject to the grant from 522,889 to 261,445. The shares continue to be subject to the same cliff vesting period. The shares will vest on December 31, 2027. Mr. Ferry remains a Director of the Issuer. These shares were purchased pursuant to the Duos Technologies Group, Inc. Employee Stock Purchase Plan. These shares owned by the reporting person are held in a joint account with the reporting person's spouse.

Key Figures

Original equity grant: 522,889 shares Amended equity grant: 261,445 shares Restructuring transaction size: 261,444 shares +3 more

6 metrics

Original equity grant 522,889 shares Shares subject to prior 2021 Equity Incentive Plan grant before amendment

Amended equity grant 261,445 shares Shares subject to revised 2021 Equity Incentive Plan grant after CEO resignation

Restructuring transaction size 261,444 shares Shares reported in restructuring-type transaction coded as other acquisition or disposition

Cliff vesting date December 31, 2027 Scheduled vesting date for 261,445-share amended grant

ESPP holdings 5,044 shares Common shares purchased through Employee Stock Purchase Plan and held directly

Joint account holdings 9,773 shares Common shares held in a joint account with spouse

Key Terms

2021 Equity Incentive Plan, cliff vesting period, Employee Stock Purchase Plan, joint account, +1 more

5 terms

2021 Equity Incentive Plan financial

"amended his previous grant of shares under the 2021 Equity Incentive Plan and reduced the number"

cliff vesting period financial

"The shares continue to be subject to the same cliff vesting period."

Employee Stock Purchase Plan financial

"These shares were purchased 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.

joint account financial

"These shares owned by the reporting person are held in a joint account with the reporting person's spouse."

other acquisition or disposition financial

"transaction_code_description": "Other acquisition or disposition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ferry Charles Parker

(Last) (First) (Middle)

7660 CENTURION PARKWAY

SUITE 100

(Street)

JACKSONVILLE FLORIDA 32256

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DUOS TECHNOLOGIES GROUP, INC. [ DUOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.001 par value	04/01/2026		J(1)		261,444	D	(1)	261,445	D
Common Stock, $0.001 par value								5,044	D(2)
Common Stock, $0.001 par value								9,773	D(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Mr. Ferry resigned as Chief Executive Officer of the Issuer effective April 1, 2026. In connection with his resignation, Mr. Ferry and the Issuer amended his previous grant of shares under the 2021 Equity Incentive Plan and reduced the number of shares subject to the grant from 522,889 to 261,445. The shares continue to be subject to the same cliff vesting period. The shares will vest on December 31, 2027. Mr. Ferry remains a Director of the Issuer.

2. These shares were purchased pursuant to the Duos Technologies Group, Inc. Employee Stock Purchase Plan.

3. These shares owned by the reporting person are held in a joint account with the reporting person's spouse.

	/s/ Charles P. Ferry	04/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What leadership change at DUOT is disclosed in this Form 4 filing?

The filing shows that Charles Parker Ferry resigned as Chief Executive Officer effective April 1, 2026. He remains a director of Duos Technologies Group, so he no longer serves as CEO but continues to participate in board-level oversight.

How was Charles Parker Ferry’s equity grant at DUOT changed?

His prior grant under the 2021 Equity Incentive Plan was amended, reducing shares subject to the grant from 522,889 to 261,445. This modification occurred in connection with his resignation as Chief Executive Officer effective April 1, 2026.

When will Charles Parker Ferry’s amended DUOT share grant vest?

The amended grant of 261,445 shares remains subject to the same cliff vesting period as before. All these shares are scheduled to vest on December 31, 2027, aligning his remaining equity award with a single future vesting date.

What DUOT shares did Charles Parker Ferry acquire through an employee plan?

Footnotes state that 5,044 shares of Duos Technologies Group common stock were purchased through the company’s Employee Stock Purchase Plan. These shares are listed as directly owned holdings separate from his long-term equity incentive grant.

How many DUOT shares does Charles Parker Ferry hold jointly with his spouse?

The filing notes 9,773 shares of Duos Technologies Group common stock held in a joint account with his spouse. These jointly held shares are reported as part of his direct ownership in addition to his plan-related and incentive grant holdings.

Does Charles Parker Ferry still have unvested DUOT equity after resigning as CEO?

Yes. After amending his equity award, he remains entitled to 261,445 unvested shares of common stock. These shares keep their cliff vesting structure and are expected to vest on December 31, 2027, while he continues serving as a director.