Oppenheimer Holdings Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Oppenheimer Holdings Inc. will hold its virtual Annual Meeting of Stockholders on May 6, 2024, to elect directors, ratify auditors, and approve an incentive plan.</b>

AI Summary

OPPENHEIMER HOLDINGS INC (OPY) filed a Proxy Statement (DEF 14A) with the SEC on March 15, 2024. The Annual Meeting of Stockholders for Oppenheimer Holdings Inc. will be held virtually on May 6, 2024, at 4:30 PM New York time. The meeting agenda includes the election of nine directors. Stockholders will vote on ratifying the appointment of Deloitte & Touche LLP as auditors for 2024. The adoption of the Oppenheimer Holdings Inc. 2024 Incentive Plan will be presented for ratification. Only holders of Class B voting common stock of record as of March 8, 2024, are entitled to vote.

Why It Matters

For investors and stakeholders tracking OPPENHEIMER HOLDINGS INC, this filing contains several important signals. This meeting is a key governance event where shareholders exercise their voting rights on critical company matters. The outcome of the director elections and plan approvals will shape the company's leadership and compensation strategies for the upcoming year.

Risk Assessment

Risk Level: low — OPPENHEIMER HOLDINGS INC shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director nominees, auditor ratification, and the proposed incentive plan.

Key Numbers

• 9 — Directors to be elected (Agenda item for the Annual Meeting)
• 2024 — Auditor appointment year (Purpose of auditor ratification)
• 2024 — Incentive Plan year (Proposed incentive plan)

Key Players & Entities

• OPPENHEIMER HOLDINGS INC. (company) — Registrant name
• Deloitte & Touche LLP (company) — Proposed auditor
• May 6, 2024 (date) — Date of Annual Meeting
• March 8, 2024 (date) — Record date for voting
• New York (location) — Meeting time zone and company address
• 85 Broad Street (location) — Company address

FAQ

Risk Factors

• Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC rules and regulations regarding proxy solicitations and annual meetings.
• Virtual Meeting Logistics [low — operational]: Ensuring a smooth and accessible virtual meeting experience for all eligible stockholders is crucial.

Industry Context

Oppenheimer Holdings Inc. operates in the financial services sector, primarily as a broker-dealer.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Rule 14a-101, which governs the content of proxy statements.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Evaluate the proposal to ratify Deloitte & Touche LLP as auditors.
3. Understand the terms and implications of the Oppenheimer Holdings Inc. 2024 Incentive Plan.

Key Dates

• 2024-05-06: Annual Meeting of Stockholders — Key date for voting on company matters
• 2024-03-08: Record Date for Voting — Determines eligibility to vote at the Annual Meeting

Glossary

DEF 14A

Definitive Proxy Statement (The primary filing type for this document, used to solicit shareholder votes.)

Class B voting common stock

Stock with voting rights. (Specifies which shareholders are entitled to vote at the meeting.)

Class A non-voting common stock

Stock without voting rights. (Distinguishes shareholders with and without voting power.)

Year-Over-Year Comparison

This is the initial filing for the 2024 proxy statement, providing details for the upcoming annual meeting.

Key Financial Figures

• $5,000 — citation, estimated to be approximately $5,000, will be borne by us. Q. What is the

Filing Documents

• tm242668d2_def14a.htm (DEF 14A) — 1368KB
• fc_overview-4c.jpg (GRAPHIC) — 75KB
• lc_netincome-4clr.jpg (GRAPHIC) — 38KB
• lc_revenue-4clr.jpg (GRAPHIC) — 36KB
• lc_ttlshare-4clr.jpg (GRAPHIC) — 42KB
• px_oppenproxy1pg01-4c.jpg (GRAPHIC) — 353KB
• px_oppenproxy1pg02-4c.jpg (GRAPHIC) — 297KB
• px_oppenproxy2pg01-4c.jpg (GRAPHIC) — 201KB
• px_oppenproxy2pg02-4c.jpg (GRAPHIC) — 222KB
• sg_dennispmcnamara-bw.gif (GRAPHIC) — 43KB
• 0001104659-24-034972.txt (&nbsp;) — 5086KB
• opy-20240316.xsd (EX-101.SCH) — 7KB
• opy-20240316_def.xml (EX-101.DEF) — 2KB
• opy-20240316_lab.xml (EX-101.LAB) — 20KB
• tm242668d2_def14a_htm.xml (XML) — 34KB

From the Filing

tm242668-1_nonfiling - none - 10.6719332s UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the registrant Filed by a party other than the registrant Check the appropriate box: Preliminary proxy statement Confidential, for use of the Commission only (as permitted by Rule 14a-6(e)(2)) Definitive proxy statement Definitive additional materials Soliciting material pursuant to 240.14a-12 Oppenheimer Holdings Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, If Other Than the Registrant) Payment of filing fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. OPPENHEIMER HOLDINGS INC. 85 Broad Street New York, NY 10004 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 6, 2024 To our Stockholders: NOTICE IS HEREBY GIVEN that the Annual Meeting of Stockholders of OPPENHEIMER HOLDINGS INC., a Delaware corporation (the "Company"), will be held virtually on Monday, May 6, 2024, at the hour of 4:30 P.M. (New York time) for the following purposes: 1. To elect nine directors; 2. To ratify the appointment of Deloitte & Touche LLP as auditors of the Company for 2024 and authorize the Audit Committee to fix the auditors' remuneration; 3. To ratify the adoption of the Oppenheimer Holdings Inc. 2024 Incentive Plan; and 4. To transact such other business as is proper at such meeting or any adjournments thereof. Only holders of Class B voting common stock of record at the close of business on March 8, 2024 will be entitled to vote at the Annual Meeting of Stockholders and any adjournments thereof. Holders of Class B voting common stock who are unable to attend the meeting virtually are requested to date, sign and return the enclosed form of proxy for use by holders of Class B voting common stock. Detailed instructions to remotely access, participate in and vote at the virtual Annual Meeting of Stockholders are available at https://www.oppenheimer.com/about-us/investor-relations/index.aspx . Holders of Class A non-voting common stock of the Company are entitled to listen in and to view the Annual Meeting of Stockholders and any adjournments thereof, and will have an opportunity to submit questions for consideration and response at or after the meeting by emailing info@opco.com. Holders of Class A non-voting common stock are not entitled to vote with respect to the matters referred to above. A copy of the Company's Annual Report on Form 10-K for the year ended December 31, 2023 is available on the Company's website at www.oppenheimer.com . Paper copies are available, free of charge, upon request, by (i) writing to Oppenheimer Holdings Inc., 85 Broad Street, 22nd Floor, New York, New York 10004, Attention: Secretary, (ii) calling 1-800-221-5588, (iii) emailing us with your request at info@opco.com, (iv) through our website at https://www.oppenheimer.com/about-us/investor-relations/index.aspx , or (v) accessing the PDF copy filed with the Securities and Exchange Commission at www.sec.gov . By Order of the Board of Directors, Dennis P. McNamara Secretary New York, New York March 15, 2024 Important Notice Regarding the Internet Availability of Proxy Materials for the Annual Meeting of Stockholders to be held on May 6, 2024: The Notice of Meeting, Proxy Statement and Annual Report to Stockholders are available at https://www.oppenheimer.com/about-us/investor-relations/index.aspx. OPPENHEIMER HOLDINGS INC. PROXY STATEMENT SUMMARY This summary highlights selected information appearing elsewhere in this proxy statement and does not contain all the information that you should consider in making a decision with respect to the proposals described in this proxy statement that will be considered at the Company's Annual Meeting of Stockholders (the "Meeting") to be held virtually on Monday, May 6, 2024 at the hour of 4:30 P.M. (New York time), or any adjournments thereof. You should read this summary in its entirety, together with the more detailed information in this proxy statement, as well as our Annual Report on Form l0-K for the year ended December 31, 2023, which is available without charge, except for exhibits to the report, by (i) writing to Oppenheimer Holdings Inc., 85 Broad Street, 22nd Floor, New York, New York 10004, Attention: Secretary, (ii) calling 1-800-221-5588, (iii) emailing us with your request at info@opco.com, (iv) through our website at https://www.oppenheimer.com/about-us/investor-relations/index.aspx , or (v) accessing the PDF copy filed with the Securities and Exchange Commission ("SEC") at www.sec.gov . Unless otherwise provid

View Full Filing

View this DEF 14A filing on SEC EDGAR