[Form 4] Dolphin Entertainment, Inc. Insider Trading Activity

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Dolphin Entertainment, Inc. Chief Executive Officer William O'Dowd IV purchased additional shares of the company’s Common Stock in the open market. He bought 3,400 shares on May 4, 2026 at a weighted average price of $1.46 per share, with individual trade prices ranging from $1.42 to $1.51. Following this purchase, he directly owns 472,640 shares of Common Stock and also has indirect ownership of 62,106 shares through Dolphin Digital Media Holdings, LLC and 54,535 shares through Dolphin Entertainment, LLC, each entity being wholly owned by him.

Insider Trade Summary 10b5-1

Net Buyer: 3,400 shares ($4,964)

Net Buy 3 txns

Insider O'Dowd William IV

Role Chief Executive Officer

Bought 3,400 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,400	$1.46	$5K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 472,640 shares (Direct, null); Common Stock — 54,535 shares (Indirect, By Dolphin Entertainment, LLC)

Footnotes (1)

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.42 to $1.51, inclusive. The reporting person undertakes to provide to Dolphin Entertainment, Inc., any security holder of Dolphin Entertainment, Inc or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote (1) to this Form 4. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

Key Figures

Shares purchased: 3,400 shares Weighted average purchase price: $1.46 per share Price range of trades: $1.42–$1.51 per share +4 more

7 metrics

Shares purchased 3,400 shares Open-market purchase of Common Stock on May 4, 2026

Weighted average purchase price $1.46 per share Open-market transaction range $1.42–$1.51

Price range of trades $1.42–$1.51 per share Multiple transactions consolidated into weighted average

Direct holdings after trade 472,640 shares Common Stock directly owned by William O'Dowd IV

Indirect holdings via Dolphin Digital Media Holdings, LLC 62,106 shares Entity wholly owned by William O'Dowd IV

Indirect holdings via Dolphin Entertainment, LLC 54,535 shares Entity wholly owned by William O'Dowd IV

Net buy shares in filing 3,400 shares Net result of reported buy and other entries

Key Terms

Common Stock, weighted average price, open market, indirect ownership, +2 more

6 terms

Common Stock financial

"The CEO purchased additional shares of the company’s Common Stock in the open market."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market financial

"Purchase in open market or private transaction"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

indirect ownership financial

"He also has indirect ownership of 62,106 shares through Dolphin Digital Media Holdings, LLC and 54,535 shares through Dolphin Entertainment, LLC."

Dolphin Entertainment, LLC financial

"Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV."

Dolphin Digital Media Holdings, LLC financial

"Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV."

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:02 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

O'Dowd William IV

(Last)

(First)

(Middle)

C/O DOLPHIN ENTERTAINMENT, INC.

150 ALHAMBRA CIRCLE, SUITE 1200

(Street)

CORAL GABLES

FLORIDA

33134

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Dolphin Entertainment, Inc. [ DLPN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/04/2026		P		3,400	A	$1.46⁽¹⁾	472,640	D
Common Stock								54,535	I	By Dolphin Entertainment, LLC⁽²⁾
Common Stock								62,106	I	By Dolphin Digital Media Holdings, LLC⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.42 to $1.51, inclusive. The reporting person undertakes to provide to Dolphin Entertainment, Inc., any security holder of Dolphin Entertainment, Inc or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote (1) to this Form 4.

2. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.

3. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

	/s/ William O'Dowd IV	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Dolphin Entertainment (DLPN) report for William O'Dowd IV?

William O'Dowd IV purchased 3,400 shares of Dolphin Entertainment Common Stock in an open-market transaction. The trade occurred on May 4, 2026, and increased his direct ownership to 472,640 shares, alongside substantial additional indirect holdings through wholly owned LLC entities.

At what price did the Dolphin Entertainment CEO buy DLPN shares in this Form 4?

The CEO bought 3,400 shares at a weighted average price of $1.46 per share. According to the filing, individual trades took place between $1.42 and $1.51, and he can provide exact breakdowns of shares purchased at each price upon request.

How many Dolphin Entertainment shares does William O'Dowd IV own after this transaction?

After the transaction, William O'Dowd IV directly owns 472,640 shares of Dolphin Entertainment Common Stock. He also indirectly owns 62,106 shares through Dolphin Digital Media Holdings, LLC and 54,535 shares through Dolphin Entertainment, LLC, both of which are wholly owned entities.

What indirect holdings in DLPN does the Dolphin Entertainment CEO report?

The CEO reports indirect ownership of 62,106 shares held by Dolphin Digital Media Holdings, LLC and 54,535 shares held by Dolphin Entertainment, LLC. The filing states both entities are wholly owned by William O'Dowd IV, so these positions are attributed to him as indirect holdings.

Was the Dolphin Entertainment CEO’s DLPN trade an open-market purchase?

Yes. The filing classifies the 3,400-share transaction as an open-market purchase of Common Stock. It is coded as “P,” described as a purchase in an open market or private transaction, with pricing based on multiple trades between $1.42 and $1.51 per share.