Dolphin Entertainment (NASDAQ: DLPN) CEO William O'Dowd adds 3,100 shares

Rhea-AI Filing Summary

Dolphin Entertainment, Inc. insider William O'Dowd IV, the company's Chief Executive Officer and a director, reported buying additional common stock. On 01/20/2026, he acquired 3,100 shares of common stock in an open-market purchase at a weighted average price of $1.609 per share, with individual trade prices ranging from $1.58 to $1.66. Following this purchase, he directly owns 426,090 common shares.

In addition to his direct holdings, the filing reports indirect ownership of 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings, LLC, both described as entities wholly owned by O'Dowd. No derivative securities are reported in this filing.

Insider Trade Summary

Net Buyer: 3,100 shares ($4,988)

Net Buy 3 txns

Insider O'Dowd William IV

Role Chief Executive Officer

Bought 3,100 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,100	$1.609	$5K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 426,090 shares (Direct); Common Stock — 54,535 shares (Indirect, By Dolphin Entertainment, LLC)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.58 to $1.66, inclusive. The reporting person 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 with the ranges set forth in this footnote (1) to this Form 4. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

O'Dowd William IV

(Last) (First) (Middle)

C/O DOLPHIN ENTERTAINMENT, INC.

150 ALHAMBRA CIRCLE, SUITE 1200

(Street)

CORAL GABLES FL 33134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dolphin Entertainment, Inc. [ DLPN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/20/2026		P		3,100	A	$1.609(1)	426,090	D
Common Stock								54,535	I	By Dolphin Entertainment, LLC(2)
Common Stock								62,106	I	By Dolphin Digital Media Holdings, LLC(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.58 to $1.66, inclusive. The reporting person 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 with the ranges set forth in this footnote (1) to this Form 4.

2. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.

3. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

	/s/ William O'Dowd IV	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Dolphin Entertainment (DLPN) report on this Form 4?

The Form 4 reports that William O'Dowd IV, Chief Executive Officer and director of Dolphin Entertainment, Inc., purchased 3,100 shares of common stock on 01/20/2026 in an open-market transaction.

At what price did William O'Dowd IV buy Dolphin Entertainment (DLPN) shares?

The filing states a weighted average purchase price of $1.609 per share, with the individual transaction prices ranging from $1.58 to $1.66 per share, inclusive.

How many Dolphin Entertainment (DLPN) shares does William O'Dowd IV own after this transaction?

After the reported purchase, O'Dowd directly owns 426,090 shares of Dolphin Entertainment common stock. The Form 4 also shows indirect holdings of 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings, LLC.

What is William O'Dowd IV's role at Dolphin Entertainment (DLPN)?

According to the filing, William O'Dowd IV is both a director and an officer of Dolphin Entertainment, Inc., serving as its Chief Executive Officer.

Are the indirect Dolphin Entertainment (DLPN) holdings related to entities controlled by William O'Dowd IV?

Yes. The Form 4 explains that Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are each entities wholly owned by William O'Dowd IV, and they hold 54,535 and 62,106 Dolphin Entertainment common shares, respectively.

Does this Dolphin Entertainment (DLPN) Form 4 report any options or other derivative securities?

No. The section for derivative securities in the Form 4 contains no entries, so this filing reports only common stock holdings and purchases.