Dolphin Entertainment (DLPN) CEO William O'Dowd IV Buys 4,100 Shares

What Happened William O'Dowd IV, CEO of Dolphin Entertainment, purchased 4,100 shares of Dolphin Entertainment common stock on August 17, 2026. The reported weighted-average price was $1.20 per share (range $1.19–$1.20), for a total cash outlay of approximately $4,912. This was a purchase (an acquisition), which is generally considered a more informative/bullish signal than a sale because the insider added to their position.

Key Details

• Transaction date: 2026-08-17; Transaction type: Purchase (open market/private purchase, code P).
• Price: weighted average $1.20; reported range $1.19–$1.20 across multiple trades (Footnote F1).
• Shares acquired: 4,100; total value ≈ $4,912.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-08-19 (appears timely based on the reported transaction date).
• Notable footnotes: F1 explains the weighted-average price and availability of per-price breakdown on request; F2 and F3 note Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are entities wholly owned by William O'Dowd IV.

Context This was a straightforward open-market purchase, not an option exercise, gift, or tax-withholding event. The purchase size is modest (~$4.9k), so while it shows an insider buying, the dollar amount is small relative to many insider trades and should be weighed accordingly with other ownership and company developments.