leadership
confidence high
sentiment neutral
materiality 0.60
Duos Technologies appoints Douglas Recker CEO; Charles Ferry resigns
DUOS TECHNOLOGIES GROUP, INC.
- Douglas Recker appointed CEO effective April 1, 2026; Charles Ferry resigned as CEO but remains a director.
- Ferry's equity award amended: shares reduced from 552,889 to 261,445; vesting date unchanged (Dec 31, 2027).
- Forfeiture condition changed: shares now vest only if Ferry serves as director through vesting date, not employment.
- Ferry continues as CEO of New APR Energy, in which Duos holds a 5% equity interest.
item 5.02item 9.01