O'Dowd William IV 4

What Happened
William O'Dowd IV, CEO of Dolphin Entertainment, reported an open-market purchase of 3,100 shares on March 23, 2026. The filing shows a weighted-average price of $1.59 per share, for a total cost of $4,929. This was a purchase (transaction code P), which is an insider buy rather than a sale.

Key Details

• Transaction date: 2026-03-23 (filed same day).
• Shares acquired: 3,100; weighted-average price reported $1.59; individual trade prices ranged $1.56–$1.62 (see footnote).
• Total reported cost: $4,929.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes of note: F1 clarifies the $1.59 is a weighted average and prices ranged $1.56–$1.62; F2 and F3 note Dolphin Entertainment, LLC and Dolphin Digital Media Holdings LLC are wholly owned by William O'Dowd IV.
• Filing timeliness: Reported on the same date as the transaction (timely per the Form 4 filing date).

Context
This is a small, same-day open-market purchase (about $4.9k). Insider purchases can be informative, but the dollar amount here is modest; investors should consider this alongside other insider activity and the CEO’s overall holdings. No options exercise, gifts, or tax-withholding events are reported in this filing.