McNAMARA DENNIS P 4

What Happened Dennis P. McNamara, Secretary of Oppenheimer Holdings Inc. (OPY), sold 4,673 shares in an open-market transaction on March 2, 2026. The shares were sold at an average price of $90.67 per share, for total proceeds of about $423,701. This was a sale (transaction code S), which is often routine insider selling and does not by itself indicate the insider’s view of the company.

Key Details

• Transaction date: March 2, 2026 (reported on March 3, 2026)
• Sale details: 4,673 shares sold at an average price of $90.67/share; total ≈ $423,701 (footnote F1 confirms the average price)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing timeliness: report filed the next day (appears timely); no late-filing indication in the excerpt
• Insider status: officer (Secretary); not identified as a 10% owner in the provided information

Context This was a straight open-market sale (no option exercise, award, or gift noted). Retail investors should view routine officer sales as common for liquidity or personal reasons; they are factual disclosures rather than explicit signals about company fundamentals.