William O'Dowd IV, Chief Executive Officer, Director, and 10% Owner of Dolphin Entertainment, Inc., filed a Form 4 on October 26, 2026, disclosing the purchase of 4,900 shares of common stock under a Rule 10b5-1 plan.

Key Highlights

  • Transaction: William O'Dowd IV acquired 4,900 shares of Dolphin Entertainment common stock on October 26, 2026.
  • Weighted average price: The reported price was $0.999 per share, with individual transaction prices ranging from $0.99 to $1.00, inclusive.
  • Rule 10b5-1 plan: The filing indicates the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Direct beneficial ownership following transaction: 583,442 shares held directly.
  • Indirect holdings: 54,535 shares held indirectly through Dolphin Entertainment, LLC, and 62,106 shares held indirectly through Dolphin Digital Media Holdings, LLC, both entities wholly owned by O'Dowd.

O'Dowd's October 2026 Open-Market Purchase Details

According to the filing, William O'Dowd IV, who serves as Chief Executive Officer, Director, and 10% Owner of Dolphin Entertainment, Inc. (NASDAQ:DLPN), purchased 4,900 shares of common stock on October 26, 2026. The transaction code is listed as "P," indicating an open-market purchase. The filing states the transaction was made pursuant to a Rule 10b5-1(c) plan.

The filing discloses that the reported price of $0.999 is a weighted average, with individual purchases occurring at prices ranging from $0.99 to $1.00, inclusive. According to the filing, O'Dowd "undertakes to provide to Dolphin Entertainment, Inc., any security holder of Dolphin Entertainment, Inc or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price" within those ranges.

Following the reported transaction, the filing shows O'Dowd directly owns 583,442 shares. Additionally, 54,535 shares are held indirectly through Dolphin Entertainment, LLC, and 62,106 shares are held indirectly through Dolphin Digital Media Holdings, LLC. The filing notes that both entities are wholly owned by William O'Dowd IV. No derivative securities transactions were reported in Table II of this filing.

What Was Disclosed

This Form 4 discloses a purchase of 4,900 Dolphin Entertainment common shares by CEO William O'Dowd IV on October 26, 2026, at a weighted average price of $0.999 per share, executed under a Rule 10b5-1 plan, resulting in direct beneficial ownership of 583,442 shares.