O'Dowd William IV 4

What Happened
William O'Dowd IV, CEO of Dolphin Entertainment, reported an open-market purchase of 3,200 shares on 2026-04-13 at a weighted average price of $1.54 per share, for a total of approximately $4,928. This was a purchase (often viewed as a bullish signal), not a sale or option exercise.

Key Details

• Transaction date: 2026-04-13 (reported on Form 4 filed 2026-04-14).
• Transaction type/code: Purchase (P) — open market or private purchase.
• Price: weighted average $1.54; actual trade prices ranged from $1.53 to $1.55 (see footnote F1).
• Total value: ~$4,928 (3,200 shares × $1.54).
• Shares owned after transaction: not specified in the provided filing.
• Notable footnotes: F1 explains the weighted-average pricing and offers to provide per-price breakdown on request; F2 and F3 note that Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are wholly owned by William O'Dowd IV.
• Timeliness: Filed one day after the trade (appears timely).

Context
This is a small-dollar open-market purchase by the CEO (under $5k), which is factual evidence of a personal buy but not large enough on its own to indicate a major change in insider conviction. The weighted-average price note means the 3,200 shares were acquired in multiple executions between $1.53 and $1.55.