O'Dowd William IV 4

What Happened
William O'Dowd IV, CEO of Dolphin Entertainment, purchased 2,900 shares of DLPN in open-market transactions on February 2, 2026. The filing reports a weighted-average purchase price of $1.68 per share for a total reported cost of $4,872. This was a purchase (a bullish signal relative to a sale), though the dollar value is modest.

Key Details

• Transaction date: 2026-02-02 (reported on Form 4 filed same day).
• Transaction type/code: P = Purchase (open market or private purchase).
• Shares purchased: 2,900; weighted-average price: $1.68; total reported value: $4,872.
• Price range: purchases occurred at multiple prices between $1.58 and $1.75 (footnote F1). The filer can provide a breakdown of quantities at each price on request.
• Shares owned after transaction: Not specified in the provided filing.
• Related-entity notes: Footnotes state Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are wholly owned by William O'Dowd IV (F2, F3).
• Timeliness: Filing date equals transaction date; not indicated as late. No 10b5-1 plan, tax withholding, or option exercise referenced.

Context
This is a small-dollar open-market purchase by the CEO, not an options exercise or award. Such purchases can be of interest to retail investors as a direct insider buy, but the low dollar amount limits its weight as a strong signal by itself.