O'Dowd William IV 4

What Happened

William O'Dowd IV, CEO of Dolphin Entertainment, purchased 3,800 shares of DLPN in open‑market transactions on May 26, 2026. The filing reports a weighted average price of $1.28 per share for a total reported acquisition value of approximately $4,860. This was a purchase (a net buy), which some investors view as a modestly positive signal compared with insider selling.

Key Details

• Transaction date: 2026-05-26 (reported on the same date)
• Transaction type/code: Open market purchase (Code P)
• Shares acquired: 3,800; weighted average price: $1.28; total reported value: ~$4,860
• Price range: Purchases occurred at individual prices between $1.25 and $1.36 (weighted avg reported; filer can provide per‑price breakdown on request) — see footnote F1
• Shares owned after transaction: Not specified in the provided filing
• Related footnotes: F2 and F3 note two entities (Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC) are wholly owned by William O'Dowd IV
• Filing timeliness: Report lists the transaction and was filed with period/report date 2026-05-26 — appears to be timely

Context

• This was a small-dollar open‑market purchase (about $4.9k). Purchases by insiders can be taken as a positive signal, but the modest size means it may not indicate a strong directional bet.
• No options exercise, gift, or tax‑withholding events were reported here — just an open‑market buy.