4/A: Dolphin Entertainment CEO William O'Dowd IV Amends Form 4 Filing to Correctly Report Stock Purchase

William O'Dowd IV, CEO of Dolphin Entertainment, Inc., amends his Form 4 filing to clarify that a purchase of 4,300 shares of common stock was made outside of his Rule 10b5-1 trading plan.

Summary

• William O'Dowd IV, the CEO of Dolphin Entertainment, Inc., filed an amendment to his Form 4.
• The amendment corrects an error in the original filing regarding a purchase of 4,300 shares of common stock on May 21, 2025.
• The corrected filing clarifies that the purchase was not made pursuant to his Rule 10b5-1 trading plan.
• The shares were purchased at prices ranging from $1.10 to $1.16, with a weighted average price of $1.15.
• Following the transaction, O'Dowd directly owns 192,139 shares.
• He also indirectly owns 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings, LLC, both entities wholly owned by him.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

This filing is a routine disclosure related to insider trading activity and is required by the SEC to ensure transparency and prevent illegal insider trading.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Dolphin Entertainment, DLPN, William O'Dowd IV, stock purchase, amendment, Rule 10b5-1, beneficial ownership