Dolphin Entertainment (DLPN) CEO now holds 534,890 direct shares
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 2026-08-17 in an open-market transaction under a Rule 10b5-1 trading plan. The shares were bought at a weighted average price of $1.198 per share, with individual trades ranging from $1.19 to $1.20. Following this purchase, O'Dowd directly holds 534,890 shares of DLPN common stock and indirectly holds additional shares through entities he wholly owns, including 54,535 shares held by Dolphin Entertainment, LLC and 62,106 shares held by Dolphin Digital Media Holdings LLC.
Positive
- None.
Negative
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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 | $1.198 | $5K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 534,890 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 $1.19 to $1.20, 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: $1.198 per share
Direct holdings after transaction: 534,890 shares
+3 more
6 metrics
Shares purchased
4,100 shares
Common stock purchased on 2026-08-17 by CEO William O'Dowd IV
Weighted average purchase price
$1.198 per share
Price for 4,100 common shares bought on 2026-08-17, trades from $1.19 to $1.20
Direct holdings after transaction
534,890 shares
DLPN common stock directly owned by William O'Dowd IV following the purchase
Indirect holdings via Dolphin Entertainment, LLC
54,535 shares
DLPN common stock held indirectly through Dolphin Entertainment, LLC
Indirect holdings via Dolphin Digital Media Holdings LLC
62,106 shares
DLPN common stock held indirectly through Dolphin Digital Media Holdings LLC
Net buy shares in this Form 4
4,100 shares
Net share change reported as a net-buy in transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, indirect ownership
3 terms
Rule 10b5-1 trading plan regulatory
"transaction was effected under 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
"indirectly holds additional shares through entities he wholly owns"
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 2026-08-17 in an open-market transaction under a Rule 10b5-1 plan, indicating a net increase in his direct share ownership.
Was the recent DLPN insider purchase made under a Rule 10b5-1 trading plan?
Yes. The filing indicates the transaction was effected under a Rule 10b5-1 trading plan, meaning trades were pre-arranged under a preset plan rather than timed at the insider’s discretion.
What does the weighted average price disclosure mean for the DLPN insider trade?
The filing reports a weighted average price of $1.198 for the 4,100 shares, executed in multiple trades between $1.19 and $1.20. The insider offers to provide the exact share counts at each individual price upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
