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

Director Stacy J. Kanter of Oppenheimer Holdings Inc. acquired 1,500 shares of Class A non-voting common stock through a restricted stock award.

Summary

• Stacy J. Kanter, 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, Kanter's direct holdings increased to 4,500 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 management and shareholders. It is not a major event, hence the moderate score.

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 stock awards for company directors, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Stock awards to directors are a standard practice across publicly listed companies as part of their compensation and incentive programs.
• The size of the award is not unusual for a director of a company of Oppenheimer's size.
• Similar filings can be seen from directors of other financial services companies such as Morgan Stanley, Goldman Sachs, and Charles Schwab.

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, Stacy J. Kanter, Class A non-voting common stock, Restricted stock award, Incentive Plan, Share acquisition, Form 4