Watkins Brad M 4

What Happened
Brad M. Watkins, Chief Financial Officer of Oppenheimer Holdings Inc. (OPY), was credited with an award of 2,000 restricted Class A non‑voting common shares on February 6, 2026. The award is reported as a derivative acquisition (transaction code J); no per‑share price or immediate cash value is provided because the shares are restricted and subject to vesting. These shares vest on February 5, 2031, contingent on continuous employment.

Key Details

• Transaction date: 2026-02-06 (reported on Form 4 filed 2026-05-11).
• Security: Restricted Class A non‑voting common stock (derivative).
• Shares involved: 2,000 awarded. Price/total value: N/A (restricted award; no sale).
• Vesting: Scheduled to vest on 2026-02-05? (Footnote states vesting on 2/5/2031 — five years after award).
• Footnote: Award vests 2/5/2031 provided continuous employment through that date.
• Filing timeliness: The Form 4 was filed on May 11, 2026 — more than the typical 2 business days after the Feb 6 transaction, so the filing appears late.

Context
This was an award of restricted shares, not an open‑market purchase or sale. Restricted awards typically carry vesting and forfeiture conditions and do not necessarily indicate a near‑term change in insider conviction. Because the award is non‑voting until vested (Class A non‑voting), the recipient does not gain immediate voting power.