O'Dowd William IV 4

What Happened
William O'Dowd IV, CEO of Dolphin Entertainment, purchased 4,400 shares on 2026-07-20 in an open-market/private purchase (transaction code P). The filing reports a weighted-average price of $1.12 per share (total consideration $4,928); the shares were acquired in multiple trades at prices ranging from $1.09 to $1.13.

Key Details

• Transaction date: 2026-07-20 (reported same date in this Form 4).
• Shares acquired: 4,400; weighted-average price: $1.12; total value: $4,928.
• Price range: $1.09–$1.13 (footnote F1 notes the weighted average and that a breakdown by price is available on request).
• Shares owned after the transaction: not specified in the information provided.
• Related-party notes: footnotes F2 and F3 state Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are wholly owned by William O'Dowd IV.
• Filing timeliness: the report lists the same transaction and report date (no late filing indicated in the provided data).

Context
This is a small-dollar insider purchase by the CEO; purchases can be of interest to investors as a direct insider purchase signal, but the amount here is modest. Footnote F1 indicates multiple executions aggregated into a weighted average price; F2 and F3 identify two entities wholly owned by the CEO that may reflect additional indirect holdings.