secwatch.observer — SEC 8-K summary
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Issuer:     DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK:        0001396536
Form:       8-K
Filed at:   2026-09-16T23:00:18+00:00
Accession:  0001553350-26-000123
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duos CEO Recker (base $650k) and COO Patel ($375k) finalize employment agreements
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- CEO Recker agreement effective Apr 1 2026, 3-yr term; base $650k, target bonus 125% (max 200%).
- Bonus scorecard: 60% revenue (targets $54M/108M/216M for FY26-28) and 40% EBITDA margin (10%/20%/30%).
- Recker equity: 400k existing shares plus 880k new in two tranches; change of control accelerates all.
- COO Patel agreement effective Jun 15 2026, 3-yr term; base $375k, target bonus 80%, 200k restricted shares cliff vesting Jun 30 2029.
- Severance: without cause = 1x base+bonus, COBRA 12mo; on change of control 1.5x, COBRA 18mo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396536/000155335026000123/0001553350-26-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396536/000155335026000123/duot_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-26-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer