O'Dowd William IV 4

What Happened
William O'Dowd IV, CEO of Dolphin Entertainment, purchased 2,700 shares of DLPN on January 26, 2026. The reported weighted-average price was $1.80 per share, for a total reported transaction value of $4,874. The filing indicates these purchases were made in multiple transactions at prices ranging from $1.78 to $1.86.

Key Details

• Transaction date: 2026-01-26; Form 4 filed 2026-01-27 (period of report: 2026-01-26). Filing appears timely.
• Transaction type: P = Purchase (open market or private purchase).
• Shares acquired: 2,700; weighted-average price: $1.80; total reported cost: $4,874.
• Price range (per footnote): $1.78–$1.86 across multiple trades; the filer will provide per-trade details on request.
• Shares owned after transaction: Not specified in the information provided.
• Related-entity notes: Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are entities wholly owned by William O'Dowd IV (footnotes F2 and F3).

Context
Insider purchases can be of interest to investors as one data point about executive conviction, but this is a relatively small-dollar purchase (~$4.9k). The filing is a straightforward buy (no options exercise, awards, or gifts reported).