Dolphin Entertainment (NASDAQ: DLPN) — Ephraim Fields reports 5.9% stake

Rhea-AI Filing Summary

Dolphin Entertainment, Inc. Schedule 13G discloses that Ephraim G. Fields beneficially owns 732,612 shares of Common Stock, representing 5.9% of the class as reported on 05/11/2026. The filing states Fields has sole voting and sole dispositive power over all 732,612 shares.

Insights

Securities Compliance Analyst

Passive beneficial ownership of 5.9% reported by an individual.

The Schedule 13G shows 732,612 shares (5.9%) beneficially owned by Ephraim G. Fields with sole voting and dispositive power. The filing is a transparency disclosure under beneficial ownership rules and does not itself indicate a change in intent.

Future filings may update the position if ownership crosses thresholds or if trading intent changes; timing and intent beyond this filing are not stated in the excerpt.

Equity Market Analyst

A 5.9% holding is a notable stake to monitor for shareholder structure.

The reported stake of 732,612 shares with sole control could affect voting aggregates; the excerpt does not state any planned transactions or changes.

Analysts would look for subsequent Schedule 13D/13G amendments or Form 4s for activity; no such actions are included in this excerpt.

Key Figures

Beneficially owned shares: 732,612 shares Percent of class: 5.9% Filing date: 05/11/2026 +2 more

5 metrics

Beneficially owned shares 732,612 shares Amount beneficially owned reported in Item 4

Percent of class 5.9% Percent of class reported in Item 4

Filing date 05/11/2026 Date on signature block

Sole voting power 732,612 shares Sole power to vote reported in Item 4(i)

Sole dispositive power 732,612 shares Sole power to dispose reported in Item 4(iii)

Key Terms

Schedule 13G, Beneficially owned, Sole dispositive power

3 terms

Schedule 13G regulatory

"Schedule 13G heading and form_type metadata"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficially owned financial

"Item 4(a) Amount beneficially owned: 732,612"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole dispositive power regulatory

"Item 4(iii) Sole power to dispose or to direct the disposition of: 732,612"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Dolphin Entertainment, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

25686H308

(CUSIP Number)

05/11/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 25686H308

1

Names of Reporting Persons

Ephraim G Fields

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 732,612.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 732,612.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

732,612.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Dolphin Entertainment, Inc.
(b)	Address of issuer's principal executive offices: 150 Alhambra Circle, Suite 1200, Miami FL 33134
Item 2.
(a)	Name of person filing: Ephraim Fields
(b)	Address or principal business office or, if none, residence: 265 E. 66th street, 36th floor, NY, NY 10065
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 25686H308
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 732,612
(b)	Percent of class: 5.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 732,612
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 732,612
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ephraim G Fields

Signature:	/s/ Ephraim G Fields
Name/Title:	Ephraim G Fields
Date:	05/11/2026

FAQ

What stake in DLPN does Ephraim G. Fields report?

Mr. Fields reports beneficial ownership of 732,612 shares, equal to 5.9% of the class. The Schedule 13G states he has sole voting and sole dispositive power over all 732,612 shares as of 05/11/2026.

Does the filing indicate Mr. Fields can vote the shares?

Yes. The filing reports sole voting power for 732,612 shares. Item 4 shows sole power to vote and sole power to dispose of the same 732,612 shares, with no shared powers reported.

What type of SEC filing is this for DLPN?

This is a Schedule 13G beneficial ownership filing. The excerpt lists the form type and reports passive beneficial ownership details for Ephraim G. Fields, including share count, percent of class, and voting/dispositive powers.

When was the ownership reported for DLPN?

The Schedule 13G was signed and dated 05/11/2026. The signature block shows Ephraim G. Fields signed the certification on 05/11/2026, which is the date tied to the reported ownership figures.

Does the filing state shared ownership or indirect holdings?

No. The filing lists zero shared voting and shared dispositive power. Item 4 reports Shared Voting Power: 0 and Shared Dispositive Power: 0, indicating sole control over the reported shares in this excerpt.