DUOT 8-K
Duos Technologies Group, Inc. (DUOT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 14, 2026, Duos Technologies Group, Inc. (the “Company”) named Dipan Patel as the Chief Operating Officer of the Company. Mr. Patel has deep experience scaling businesses across data centers, fiber, power and edge networks across North America, Asia and the Pacific and Europe. Mr. Patel joined the Company in June 2026. He served as Executive, Digital Infrastructure Solutions, with Telstra InfraCo in Melbourne Australia, directing their $25 billion digital infrastructure portfolio, from 2024 to 2026. Prior to that, from 2019 to 2026, Mr. Patel was the Executive Vice President, Strategy, Technology and New Business Initiatives for SBA Communications Corporation, a leading independent owner and operator of wireless communications infrastructure. Prior to joining SBA, Mr. Patel served as Vice President, New Growth & Development at Cox Communications, a national cable television and broadband services provider, where he joined in May 2012 as Executive Director. Prior to Cox Communications, Mr. Patel served as a Partner in the Communications, Media and Technology practice at Accenture plc, a global management consulting and professional services firm, from December 2003 to May 2012. He also received a PhD in Intelligent and Interactive Systems from the University of London and has been granted 14 patents.
Mr. Patel currently does not have an employment agreement with the Company. He is being paid an annual base salary of $375,000, with a potential bonus of up to 80% of the base salary based on achievement of Company and individual performance metrics as set by the Board of Directors and the Chief Executive Officer. He was also granted 200,000 restricted shares of common stock under the Company’s 2021 Equity Incentive Plan. The shares are subject to a three-year cliff vesting period and will vest on July 1, 2029.
There are no family relationships between Mr. Patel and any director or executive officer of the Company or its subsidiaries. There also are no transactions to which the Company is or was a participant in which Mr. Patel has a material interest subject to disclosure under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description of Exhibit | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| DUOS TECHNOLOGIES GROUP, INC. | ||
| Dated: August 18, 2026 | By: | /s/ F. Douglas Recker |
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F. Douglas Recker Chief Executive Officer | ||