O'Dowd William IV 4

What Happened

• William O'Dowd IV, Chief Executive Officer of Dolphin Entertainment, purchased 4,100 shares on May 18, 2026. The reported weighted-average price was $1.18 per share, for a total reported acquisition value of $4,838. The transaction is reported as a purchase (code P), described as open market or private purchases.

Key Details

• Transaction date: 2026-05-18; filed with SEC: 2026-05-20 (timely; Form 4 must be filed within two business days).
• Price: weighted-average $1.18 per share; purchases occurred at prices ranging from $1.16 to $1.24 (see footnote F1).
• Shares acquired: 4,100; total reported cost: $4,838.
• Shares owned after transaction: not specified in the supplied filing data.
• Footnotes of note:
  • F1: Weighted-average price with purchases at $1.16–$1.24; full breakdown available on request to the company or SEC staff.
  • F2 & F3: Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are wholly owned by William O'Dowd IV (these entities are referenced in the filing).
• Filing timeliness: filing appears timely (reported May 18 transaction, Form 4 filed May 20).

Context

• This is a straightforward insider purchase (code P). Insider buys are often of interest to investors as a direct acquisition of company stock, but the transaction size here is modest (~$4.8k).
• The filing does not indicate an option exercise, gift, or a 10b5-1 plan; it reports open market/private purchases and includes entities wholly owned by the CEO, which may reflect holdings through related entities.