William O’Dowd IV, Chief Executive Officer and a director at Dolphin Entertainment, Inc. (NASDAQ: DLPN), reported a purchase of company stock on a filing dated April 20, 2026. According to that filing, Mr. O’Dowd IV purchased 3,200 shares of Dolphin Entertainment common stock on April 20, 2026.
The acquisition had a total cost of $4,876, reflecting a weighted average price of $1.524 per share. Individual trades that made up the purchase ranged from $1.49 to $1.56 per share. The filing specifies the transaction date as April 20, 2026.
Following the buy, Mr. O’Dowd IV’s direct ownership of Dolphin common stock stands at 465,840 shares. He also holds shares indirectly through entities he wholly owns: 54,535 shares via Dolphin Entertainment, LLC, and 62,106 shares via Dolphin Digital Media Holdings, LLC. Those indirect holdings are reported separately in the filing.
Market context and recent company results
The share purchase comes against a backdrop in which Dolphin’s stock has delivered a 49% return over the past year, while remaining down nearly 2% year-to-date. An analysis by InvestingPro cited in the filing indicates the stock is trading below that platform’s calculated Fair Value and lists Dolphin among its Most Undervalued companies at current levels.
In corporate results disclosed for the fourth quarter and full-year 2025, Dolphin Entertainment reported year-over-year revenue growth of 10%, bringing total revenue to $56.7 million for the period. The company also reported a reduction in its net loss, with management highlighting improvements in profitability metrics.
Despite these reported improvements in top-line growth and narrowing losses, the filing notes that market participants have reacted cautiously. The document adds that, as of the earnings release, analysts had not yet issued upgrades or downgrades in response to the results.
What the filing shows and what it does not
The SEC filing dated April 20, 2026, provides the precise trade details and an updated snapshot of Mr. O’Dowd IV’s direct and indirect holdings. It does not include additional commentary from the executive or quantify any planned future purchases or sales. The filing also does not indicate any analyst changes following the earnings announcement.
This account is based strictly on the information contained in the April 20, 2026 filing and the company’s reported 2025 results as described above.