Dolphin CEO buys 4,300 shares at $1.13 each

Dolphin Entertainment’s CEO increased his DLPN stake with a 4,300-share open-market purchase under a Rule 10b5-1 plan.

Available on EDGAR 09/22/2026 - 05:19 PM EDT Accepted by SEC EDGAR 09/22/2026 - 05:18 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Dolphin Entertainment, Inc. (DLPN) reported that Chief Executive Officer and director William O'Dowd IV purchased 4,300 shares of common stock on September 21, 2026 at a weighted average price of about $1.13 per share under a Rule 10b5-1 trading plan. Following this purchase, he holds 560,242 shares directly, plus indirect holdings of 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings LLC, both wholly owned entities.

Insider Trade Summary 10b5-1

Net Buyer: 4,300 shares

Net Buy 1 txn

Insider O'Dowd William IV

Role Chief Executive Officer

Bought 4,300 shs ($5K)

Increase in Position 0.77%

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	4,300	$1.128	$5K
Holding	Common Stock F2	--	--	--
Holding	Common Stock F3	--	--	--

Holdings After Transaction: Common Stock — 560,242 shares (Direct); Common Stock — 54,535 shares (Indirect, By Dolphin Entertainment, LLC); Common Stock — 62,106 shares (Indirect, By Dolphin Digital Media Holdings, LLC)

Holdings Before and After: Common Stock, 555,942 to 560,242 shares (Direct)

Footnotes (3)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.12 to $1.13, 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.
2. F2. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.
3. F3. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

Key Figures

Shares purchased: 4,300 shares Weighted average purchase price: $1.128 per share Price range of purchases: $1.12–$1.13 per share +3 more

6 metrics

Shares purchased 4,300 shares Common stock purchased on September 21, 2026

Weighted average purchase price $1.128 per share Open-market or private purchase on September 21, 2026

Price range of purchases $1.12–$1.13 per share Multiple transactions included in the 4,300-share purchase

Direct holdings after transaction 560,242 shares Common stock directly owned by William O'Dowd IV after purchase

Indirect holdings via Dolphin Entertainment, LLC 54,535 shares Indirect ownership noted as “By Dolphin Entertainment, LLC”

Indirect holdings via Dolphin Digital Media Holdings LLC 62,106 shares Indirect ownership noted as “By Dolphin Digital Media Holdings, LLC”

Key Terms

Rule 10b5-1 trading plan, weighted average price, indirect ownership, open market or private transaction

4 terms

Rule 10b5-1 trading plan regulatory

"transactions were made 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

"indirect ownership noted as By Dolphin Entertainment, LLC"

open market or private transaction financial

"Purchase in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Dolphin Entertainment (DLPN)’s CEO do in this Form 4 filing?

William O'Dowd IV purchased 4,300 shares of Dolphin Entertainment common stock on September 21, 2026 at a weighted average price of about $1.13 per share, as reported in the Form 4.

At what price did the DLPN shares trade in the CEO’s September 21, 2026 purchase?

The Form 4 reports a weighted average price of $1.128 per share. A footnote states the shares were purchased in multiple transactions at prices ranging from $1.12 to $1.13, inclusive.

How many DLPN shares does the CEO own directly after this transaction?

After the reported purchase, William O'Dowd IV directly owns 560,242 shares of Dolphin Entertainment common stock, according to the post-transaction holdings line in the Form 4.

What are the CEO’s indirect holdings of Dolphin Entertainment (DLPN) shares?

The CEO has indirect ownership of 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings LLC. Footnotes state both entities are wholly owned by William O'Dowd IV.

Was the DLPN CEO’s share purchase made under a Rule 10b5-1 trading plan?

Yes. The Form 4 indicates the transactions were made under a Rule 10b5-1 trading plan, as reflected by the checked 10b5-1 box at the form level.

What type of transaction code is reported for the DLPN CEO’s share purchase?

The transaction uses code P, which the Form 4 describes as a purchase in an open market or private transaction for 4,300 shares of common stock on September 21, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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).

X

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^*

O'Dowd William IV

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

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	09/21/2026		P		4,300	A	$1.128(1)	560,242	D
Common Stock								54,535	I	By Dolphin Entertainment, LLC(2)
Common Stock								62,106	I	By Dolphin Digital Media Holdings, LLC(3)

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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.12 to $1.13, 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.

2. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.

3. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

	/s/ William O'Dowd IV	09/22/2026
	** 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)