Form 4: Oppenheimer Secretary's Restricted Stock Vesting

Oppenheimer Holdings Inc. Secretary Dennis P. McNamara reported the vesting of restricted Class A non-voting common stock.

Summary

• Dennis P. McNamara, Secretary of Oppenheimer Holdings Inc. (OPY), reported a transaction involving Class A non-voting common stock.
• The transaction on January 28, 2026, involved the vesting of 5,000 shares of Restricted Class A non-voting common stock, which were originally awarded on January 28, 2021.
• Out of the 5,000 restricted shares, 3,084 Class A non-voting common shares were converted (vested) into beneficially owned shares.
• The remaining 1,916 shares from the original award were forfeited.
• Following this transaction, McNamara beneficially owns 24,850 shares of Class A non-voting common stock directly.
• McNamara also beneficially owns 9,500 shares of Restricted Class A non-voting common stock directly (derivative securities).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting a routine compensation vesting for an executive, which increases their direct ownership, though a portion of the shares were forfeited.

Positives

• Vesting of 3,084 Class A non-voting common shares for Dennis P. McNamara, increasing his direct ownership in Oppenheimer Holdings Inc.

Negatives

• Forfeiture of 1,916 shares of Restricted Class A non-voting common stock from the original award.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider transaction filings like Form 4 provide transparency into executive compensation and ownership changes, which can be a signal of management's alignment with shareholder interests. This routine vesting event is a standard component of executive compensation packages.

Related Party Transactions

• This filing details an insider transaction (executive compensation), which is a type of related party dealing, specifically the vesting of restricted stock for a company officer.

Stakeholder Impact

• Shareholders: Provides transparency on executive compensation and ownership, with minimal direct impact on company valuation.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Oppenheimer Holdings Inc., OPY, Dennis P. McNamara, insider transaction, Form 4, stock vesting, restricted stock, Class A common stock, executive compensation