Dolphin Entertainment (DLPN) CEO William O'Dowd IV Buys 4,400 Shares

What Happened
William O'Dowd IV, CEO of Dolphin Entertainment, purchased 4,400 shares of Dolphin Entertainment common stock on July 27, 2026. The reported weighted-average price was $1.11 per share, for a total transaction value of $4,884. The filing indicates these were open-market or private purchases (code P) completed in multiple trades.

Key Details

• Transaction date: 2026-07-27; Form 4 filed: 2026-07-29 (filed within the typical 2-business-day window).
• Price: weighted average $1.11 per share; purchase prices ranged from $1.095 to $1.13 (per footnote).
• Shares acquired: 4,400; total reported value: $4,884.
• Shares owned after the transaction: not specified in the supplied filing.
• Notable footnotes:
  • F1: Weighted-average price; reporting person can provide breakdown of number of shares bought at each price in the $1.095–$1.13 range upon request.
  • F2 & F3: Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are entities wholly owned by William O'Dowd IV (indicating related entity ownership references in the filing).

Context
This was a direct purchase (P), which is generally viewed as a neutral-to-bullish signal because insiders are adding to holdings. The filing shows no option exercises, grants, gifts, or tax-withholding actions.