---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-000759"
form_type: "8-K"
ticker: "DUOT"
cik: "0001396536"
company_name: "DUOS TECHNOLOGIES GROUP, INC."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:37:34.755684+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Duos Technologies shareholders elect four directors, approve all proposals at 2023 annual meeting

## Summary
- All four director nominees elected: Ferry (5.4M for), Ehrman (5.1M for), Mavrommatis (5.4M for), Nixon (5.4M for).
- Proposal 2 approved: issuance of common stock upon conversion of Series D Preferred Stock (5.4M for, 26.9K against).
- Proposal 3 approved: Employee Stock Purchase Plan (5.2M for, 178.1K against).
- Proposal 4 approved: modification of 2021 Equity Incentive Plan (5.3M for, 119.9K against).
- Proposal 5 ratified: Salberg & Company as auditor for FY2023 (6.5M for, 15.9K against).

## SEC filing metadata
- accession: 0001079973-23-000759
- form_type: 8-K
- ticker: DUOT
- cik: 0001396536
- company_name: DUOS TECHNOLOGIES GROUP, INC.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/0001079973-23-000759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/duot_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-000759
- JSON: https://secwatch.observer/filing/0001079973-23-000759.json
- Plain text: https://secwatch.observer/filing/0001079973-23-000759.txt

## Key facts
- Shareholder Votes
  DUOS TECHNOLOGIES GROUP, INC. shareholders approved To approve, for purposes of Nasdaq Listing Rule 5635(d) and as required by the terms of the Series D Preferred Stock, the issuance of shares of our Common Stock issuable upon conversion of the shares of Series D Preferred Stock. at the 2023-05-16 meeting.
  - Outcome: passed
  - Meeting: 2023-05-16
  source text: Proposal No. 2 . To approve, for purposes of Nasdaq Listing Rule 5635(d) and as required by the terms of the Series D Preferred Stock, the issuance of shares of our Common Stock issuable upon conversion of the shares of Series D Preferred Stock. Votes For Votes Against Abstentions 5,390,229 26,926 1,637
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/0001079973-23-000759-index.htm
- Shareholder Votes
  DUOS TECHNOLOGIES GROUP, INC. shareholders approved To approve a modification of the previously-approved 2021 Equity Incentive Plan. at the 2023-05-16 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-16
  source text: Proposal No. 4 . To approve a modification of the previously-approved 2021 Equity Incentive Plan. Votes For Votes Against Abstentions 5,256,458 119,952 42,382
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/0001079973-23-000759-index.htm
- Shareholder Votes
  DUOS TECHNOLOGIES GROUP, INC. shareholders approved To approve an Employee Stock Purchase Plan. at the 2023-05-16 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-16
  source text: Proposal No. 3 . To approve an Employee Stock Purchase Plan. Votes For Votes Against Abstentions 5,239,037 178,138 1,617
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/0001079973-23-000759-index.htm
- Shareholder Votes
  DUOS TECHNOLOGIES GROUP, INC. shareholders approved Election of four directors to hold office for a one-year term at the 2023-05-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-16
  source text: Proposal No. 1 . To elect four directors to hold office for a one-year term and until each of their successors is elected and qualified. Votes For Votes Withheld Charles P. Ferry 5,405,599 13,193 Kenneth Ehrman 5,133,972 284,820 Ned Mavrommatis 5,359,036 59,756 James Craig Nixon 5,359,091 59,701
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/0001079973-23-000759-index.htm
- Shareholder Votes
  DUOS TECHNOLOGIES GROUP, INC. shareholders approved To ratify the appointment of Salberg & Company, P.A. as our independent certified public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-16
  source text: Proposal No. 5 . To ratify the appointment of Salberg & Company, P.A. as our independent certified public accounting firm for the fiscal year ending December 31, 2023. Votes For Votes Against Abstentions 6,549,072 15,873 18,370
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323000759/0001079973-23-000759-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.