Insider Purchase: DLPN CEO Raises Direct Stake to 264,679 Shares
Rhea-AI Filing Summary
William O'Dowd IV, who serves as Chief Executive Officer and a director of Dolphin Entertainment (DLPN), purchased 4,400 shares of the company’s common stock on 08/11/2025 at a weighted average price of $1.133 per share (individual trades ranged from $1.07 to $1.16).
Following the purchase the reporting person directly beneficially owned 264,679 shares and also reported indirect beneficial ownership of 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings, LLC, both wholly owned by Mr. O'Dowd. The Form 4 notes the filer will provide per-price purchase details on request.
Positive
- None.
Negative
- None.
Insights
TL;DR: CEO purchased 4,400 DLPN shares at a $1.133 weighted average, modestly increasing direct ownership; the transaction appears routine.
The Form 4 reports a purchase code (P) for 4,400 shares executed on 08/11/2025 at a weighted average price of $1.133, with execution prices spanning $1.07 to $1.16. The filing shows direct beneficial ownership of 264,679 shares after the purchase and identifies two wholly owned entities that hold additional indirect stakes. This is a straightforward insider purchase disclosure; based solely on the form’s figures, the transaction is factual and transparent, but the filing does not indicate size-relative context to the company’s outstanding shares or market capitalization.
TL;DR: CEO and director increased direct holdings; disclosure includes entity ownership footnotes and an offer to provide detailed per-price breakdowns.
The filing confirms the reporting person’s dual role as CEO and director and documents ownership through two wholly owned entities, which clarifies direct and indirect holdings. The footnotes explicitly state the entity ownership and the price range for the purchases and offer to provide further granularity on request. From a governance and disclosure perspective, the Form 4 supplies required detail about the transaction and ownership structure without indicating any regulatory exception or amendment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,400 | $1.133 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.07 to $1.16, 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.
