Dolphin Entertainment (DLPN) CEO adds 4,100 shares at $1.14
Rhea-AI Filing Summary
Dolphin Entertainment, Inc. (DLPN) reported that Chief Executive Officer and director William O'Dowd IV purchased 4,100 shares of common stock on 2026-08-24 at a weighted average price of $1.14 per share, with individual trade prices ranging from $1.10 to $1.18. After this open-market purchase, he directly holds 538,990 common shares. He also reports indirect ownership of 54,535 shares held by Dolphin Entertainment, LLC and 62,106 shares held by Dolphin Digital Media Holdings LLC, each entity being wholly owned by him. The filing affirms that the transactions were made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 4,100 shares
Net Buy
3 txns
Insider
O'Dowd William IV
Role
Chief Executive Officer
Bought
4,100 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 4,100 | $1.14 | $5K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 538,990 shares (Direct);
Common Stock — 54,535 shares (Indirect, By Dolphin Entertainment, LLC);
Common Stock — 62,106 shares (Indirect, By Dolphin Digital Media Holdings, LLC)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.10 to $1.18, 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.
- F2. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.
- F3. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.
Key Figures
Shares purchased: 4,100 shares
Weighted average purchase price: $1.14 per share
Direct holdings after transaction: 538,990 shares
+3 more
6 metrics
Shares purchased
4,100 shares
Open-market purchase on 2026-08-24 by CEO William O'Dowd IV
Weighted average purchase price
$1.14 per share
Average price for 4,100 shares bought in multiple trades ranging $1.10–$1.18
Direct holdings after transaction
538,990 shares
Common stock directly owned by William O'Dowd IV following the purchase
Indirect holdings via Dolphin Entertainment, LLC
54,535 shares
Common stock held indirectly by entity wholly owned by William O'Dowd IV
Indirect holdings via Dolphin Digital Media Holdings LLC
62,106 shares
Common stock held indirectly by another entity wholly owned by William O'Dowd IV
Net buy shares
4,100 shares
Net share change across reported transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, indirect ownership, beneficial ownership
4 terms
Rule 10b5-1 trading plan regulatory
"The filing affirms that the transactions were made pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
indirect ownership financial
"He also reports indirect ownership of 54,535 shares held by Dolphin Entertainment, LLC."
beneficial ownership financial
"Entities wholly owned by William O'Dowd IV hold shares reported as his indirect ownership."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did DLPN report for CEO William O'Dowd IV?
DLPN reported that CEO William O'Dowd IV purchased 4,100 shares of common stock on 2026-08-24 in an open-market transaction at a weighted average price of $1.14 per share, with individual prices ranging from $1.10 to $1.18.
What type of security did the DLPN Form 4 transaction involve?
All reported transactions in the DLPN Form 4 involve common stock of Dolphin Entertainment, Inc., including the 4,100-share open-market purchase and the directly and indirectly held positions disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.