William O'Dowd IV - Apr 1, 2025 Form 4/A - Amendment Insider Report for Dolphin Entertainment, Inc. (DLPN)

Role: Chief Executive Officer, Director
Signature: /s/ William O'Dowd IV
Stock symbol: DLPN
Transactions as of: Apr 1, 2025
Transactions value $: $4,969
Form type: 4/A - Amendment
Date filed: 4/3/2025, 02:45 PM
Date Of Original Report: Apr 1, 2025
Previous filing: Dec 17, 2024
Next filing: Apr 7, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLPN	Common Stock	Purchase	$4.97K	+4.92K	+3.34%	$1.01	152K	Apr 1, 2025	Direct	F1
holding	DLPN	Common Stock						56K	Apr 1, 2025	By Dolphin Entertainment, LLC	F2
holding	DLPN	Common Stock						62.1K	Apr 1, 2025	By Dolphin Digital Media Holdings, LLC	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.98 to $1.04, 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.
F2	Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.
F3	Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.

Remarks:

On April 1, 2025, the reporting person filed a Form 4 which inadvertently failed to report that the reported sale occurred pursuant to his Rule 10b5-1 trading plan. In fact, as reported in this amendment, the reported purchase of 4,920 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 26, 2024.