Form 4: Oppenheimer Holdings Director Acquires 1,500 Shares of Class A Non-Voting Common Stock

Director Teresa Glasser acquired 1,500 shares of Oppenheimer Holdings Class A non-voting common stock on January 30, 2025, through a restricted stock award.

Summary

• Teresa Glasser, a director at Oppenheimer Holdings Inc., acquired 1,500 shares of Class A non-voting common stock on January 30, 2025.
• The acquisition was a result of a restricted stock award granted under the company's 2014 Incentive Plan.
• Following the transaction, Ms. Glasser directly owns 17,000 shares of Class A non-voting common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it shows alignment of interests between the director and the company. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to a director's stock acquisition, which is common in publicly traded companies as part of their compensation and incentive plans.

Comparison to Industry Standards

• Stock awards to directors are a common practice across the financial services industry.
• Companies like Goldman Sachs, Morgan Stanley, and JP Morgan Chase also use stock-based compensation as part of their director compensation packages.
• The size of the award is not unusual for a director at a company of Oppenheimer's size.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates director confidence in the company.

Key Dates

Keywords

Oppenheimer Holdings, Director, Teresa Glasser, Class A non-voting common stock, Restricted stock award, Incentive Plan, Share acquisition, Form 4