Dolphin Entertainment (DLPN) director receives 6,623 restricted stock units grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grillo Claudia Ann reported acquisition or exercise transactions in this Form 4 filing.

Dolphin Entertainment, Inc. director Claudia Ann Grillo received a grant of 6,623 shares of Common Stock in the form of restricted stock units. These RSUs will vest in four equal installments on May 15, 2026, August 15, 2026, November 16, 2026 and March 31, 2027. Following this grant, she holds 6,699 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Grillo Claudia Ann

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,623	$0.00	--

Holdings After Transaction: Common Stock — 6,699 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 6,623 shares Price per share: $0.0000 per share Shares after transaction: 6,699 shares +4 more

7 metrics

RSUs granted 6,623 shares Restricted stock units of Common Stock granted on March 30, 2026

Price per share $0.0000 per share Grant price for the 6,623 restricted stock units

Shares after transaction 6,699 shares Total Common Stock directly held following the grant

Initial vesting date May 15, 2026 First ratable vesting date for the RSU grant

Second vesting date August 15, 2026 Second ratable vesting date for the RSU grant

Third vesting date November 16, 2026 Third ratable vesting date for the RSU grant

Final vesting date March 31, 2027 Final ratable vesting date for the RSU grant

Key Terms

restricted stock unit awards, RSUs, Common Stock, Grant, award, or other acquisition

4 terms

restricted stock unit awards financial

"Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer."

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

RSUs financial

"The RSUs will vest ratably on May 15, 2026, August 15, 2026, November 16, 2026 and March 31, 2027."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Common Stock financial

"Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer."

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 08:01 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^*

Grillo Claudia Ann

(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
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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	03/30/2026		A		6,623⁽¹⁾	A	$0.00	6,699	D

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. Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on May 15, 2026, August 15, 2026, November 16, 2026 and March 31, 2027.

	/s/ Claudia Grillo	04/01/2026
	** 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 DLPN director Claudia Ann Grillo report?

Director Claudia Ann Grillo reported receiving 6,623 shares of Dolphin Entertainment Common Stock as restricted stock units. The Form 4 classifies this as a grant or award acquisition, reflecting stock-based compensation rather than an open-market share purchase or sale.

How many DLPN shares does Claudia Ann Grillo hold after this Form 4?

After the reported grant, Claudia Ann Grillo holds 6,699 shares of Dolphin Entertainment Common Stock directly. This total includes the newly awarded 6,623 restricted stock units that will vest over time according to the schedule disclosed in the filing footnote.

When do Claudia Ann Grillo’s DLPN restricted stock units vest?

The restricted stock units vest in four equal installments on May 15, 2026, August 15, 2026, November 16, 2026 and March 31, 2027. This staged vesting encourages continued board service and aligns compensation with longer-term company performance and retention objectives.

Was Claudia Ann Grillo’s DLPN transaction an open-market buy or sell?

No, the Form 4 shows a grant coded as “A” for grant, award, or other acquisition. The 6,623 shares were received as restricted stock units at a price of $0.0000 per share, indicating stock-based compensation rather than an open-market purchase or sale.

What type of security was granted to DLPN director Claudia Ann Grillo?

She received restricted stock units representing Dolphin Entertainment Common Stock. The footnote explains these RSUs are underlying shares of Common Stock and will vest ratably on four specific dates between May 2026 and March 2027, subject to the award terms.