Dolphin Entertainment (DLPN) director adds 6,623 shares in reported insider buy

Rhea-AI Filing Summary

Dolphin Entertainment, Inc. director Michael Espensen reported an open-market purchase of 6,623 shares of Common Stock on March 30, 2026. After this transaction, he directly holds 6,651 shares. A related footnote states these shares represent Common Stock underlying restricted stock unit (RSU) awards that vest in stages through March 31, 2027.

Insider Trade Summary

1 transaction reported

Net Buy 1 txn

Insider Espensen Michael

Role null

Bought 6,623 shs ($0.00)

Type	Security	Shares	Price	Value
Purchase	Common Stock	6,623	$0.00	--

Holdings After Transaction: Common Stock — 6,651 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 6,623 shares Shares owned after transaction: 6,651 shares RSU vesting date 1: May 15, 2026 +4 more

7 metrics

Shares purchased 6,623 shares Open-market purchase on March 30, 2026

Shares owned after transaction 6,651 shares Direct Common Stock holdings following reported trade

RSU vesting date 1 May 15, 2026 First scheduled RSU vesting for underlying Common Stock

RSU vesting date 2 August 15, 2026 Second scheduled RSU vesting for underlying Common Stock

RSU vesting date 3 November 16, 2026 Third scheduled RSU vesting for underlying Common Stock

RSU final vesting date March 31, 2027 Final scheduled RSU vesting for underlying Common Stock

Net buy shares 6,623 shares Net-buy direction in transactionSummary for this filing

Key Terms

restricted stock unit awards ("RSUs"), open-market purchase, Common Stock, Form 4

4 terms

restricted stock unit awards ("RSUs") financial

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

open-market purchase financial

"transaction_action": "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Common Stock financial

"Represents shares of Common Stock underlying restricted stock unit awards"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Espensen Michael

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/30/2026		P		6,623(1)	A	$0.00	6,651	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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/ Michael Espensen	04/21/2026
	** 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)