DUOS TECHNOLOGIES GROUP, INC. (DUOT) Form 8-K — Sep 16, 2026
Duos Technologies Group (DUOT) has signed a three-year employment agreement with CEO F. Douglas Recker, effective retroactively to his April 1, 2026 appointment and running through March 31, 2029. Recker receives a $650,000 base salary and a target annual bonus of 125% of salary ($812,500), capped at 200% of target. Recker's equity package totals 1,280,000 restricted shares under the 2021 Equity Incentive Plan, combining his existing 400,000-share grant with 880,000 new shares in two tranches of 440,000.
Key figures
- Ceo max bonus
- 200% of target bonus
- Revenue targets
- ["$54 million (FY2026)","$108 million (FY2027)","$216 million (FY2028)"]
- Ceo equity shares
- 1280000
- Coo equity shares
- 200000
- Ceo base salary usd
- 650000
- Coo base salary usd
- 375000
- Ceo target bonus pct
- 125% of base salary
- Ceo target bonus usd
- 812500
- Coo target bonus pct
- 80% of base salary
- Ebitda margin targets
- ["10% (FY2026)","20% (FY2027)","30% (FY2028)"]
- Ceo award indicative value
- approximately $10.6 million
- Indicative share value usd
- 8.3
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