Oppenheimer (NYSE: OPY) secretary logs 5,000-share vesting and conversion in Form 4

Rhea-AI Filing Summary

Oppenheimer Holdings Inc. officer reports restricted stock vesting and share conversion. Secretary Dennis P. McNamara reported the vesting of 5,000 shares of Restricted Class A non-voting common stock originally awarded on January 28, 2021. Of this award, 3,084 Class A non-voting common shares were converted into directly held stock and 1,916 shares were forfeited.

Following these transactions, McNamara directly beneficially owns 9,500 Restricted Class A non-voting common shares and 24,850 Class A non-voting common shares. The transactions were coded as "J," reflecting a non-market, equity-compensation-related change rather than an open-market purchase or sale.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

McNAMARA DENNIS P

(Last) (First) (Middle)

C/O OPPENHEIMER & CO. INC.

85 BROAD STREET

(Street)

NEW YORK NY 10004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OPPENHEIMER HOLDINGS INC [ OPY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A non-voting common stock	01/28/2026		J		3,084	A	(1)	24,850	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Class A non-voting common stock	(1)	01/28/2026		J			5,000	(1)	(1)	Class A non-voting common stock	5,000	(1)	9,500	D

Explanation of Responses:

1. The transaction describes the vesting of 5,000 shares of Restricted Class A non-voting common stock which were awarded on January 28, 2021 of which 3,084 Class A non-voting common shares were converted and 1,916 shares were forfeited.

Remarks:

	/s/ Jenny Chan, as Attorney-in-fact for Dennis P. McNamara	01/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did OPY officer Dennis P. McNamara report on January 28, 2026?

Dennis P. McNamara reported vesting of 5,000 Restricted Class A non-voting common shares on January 28, 2026. Of this award, 3,084 shares were converted into Class A non-voting common stock and 1,916 shares were forfeited, all as part of an equity compensation arrangement.

How many Oppenheimer (OPY) shares does Dennis P. McNamara own after this Form 4 filing?

After the reported transactions, Dennis P. McNamara directly owns 24,850 Class A non-voting common shares. He also directly holds 9,500 Restricted Class A non-voting common shares, reflecting the remaining unvested or restricted portion of prior equity awards recorded in this Form 4.

What does the transaction code "J" mean in Dennis P. McNamara’s OPY Form 4?

Transaction code "J" indicates a non-market, other type of transaction, often related to equity compensation. In this case, it reflects the vesting and partial forfeiture of 5,000 Restricted Class A non-voting common shares rather than a traditional open-market buy or sell.

Were any Oppenheimer (OPY) shares sold by Dennis P. McNamara in this Form 4 transaction?

The filing does not show an open-market sale; instead, 5,000 Restricted Class A non-voting common shares vested. Of those, 3,084 were converted into Class A non-voting common stock and 1,916 shares were forfeited, all at a reported price per share of $0.00.

What is the significance of the 5,000 Restricted Class A non-voting OPY shares mentioned in the Form 4?

The 5,000 Restricted Class A non-voting shares represent an equity award granted on January 28, 2021 that vested on January 28, 2026. Upon vesting, 3,084 shares became regular Class A non-voting common stock, while 1,916 shares were forfeited according to the award terms.

What role does Dennis P. McNamara hold at Oppenheimer Holdings Inc. (OPY)?

Dennis P. McNamara is an officer of Oppenheimer Holdings Inc., serving as Secretary. His Form 4 filing reports personal beneficial ownership changes in Class A non-voting common stock and Restricted Class A non-voting common stock tied to vesting of a prior equity award.