---
schema_version: "secwatch.filing_event.v1"
accession: "0000791963-24-000031"
form_type: "8-K"
ticker: "OPY"
cik: "0000791963"
company_name: "OPPENHEIMER HOLDINGS INC"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T21:22:20.074916+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Oppenheimer adopts 2024 Incentive Plan; Q1 net income rises 78% YoY

## Summary
- Stockholders ratified 2024 Incentive Plan authorizing up to 1,000,000 Class A shares.
- Q1 2024 net income $26.1M ($2.50 basic EPS) vs $14.6M ($1.32 basic EPS) in Q1 2023.
- Revenue rose 9.8% to $353.1M; advisory fees +14.2%, investment banking +33.1%.
- Record AUM of $46.6B and AUA of $124.9B as of March 31, 2024.
- Board declared quarterly dividend $0.15 per share, payable May 24, 2024.

## SEC filing metadata
- accession: 0000791963-24-000031
- form_type: 8-K
- ticker: OPY
- cik: 0000791963
- company_name: OPPENHEIMER HOLDINGS INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/0000791963-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/opy-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000791963-24-000031
- JSON: https://secwatch.observer/filing/0000791963-24-000031.json
- Plain text: https://secwatch.observer/filing/0000791963-24-000031.txt

## Key facts
- Shareholder Votes
  OPPENHEIMER HOLDINGS INC shareholders approved Appointment of Deloitte & Touche LLP as auditors and Authorization to Fix Remuneration at the 2024-05-06 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-05-06
  source text: Matter No. 2 - Appointment of Deloitte & Touche LLP as auditors and Authorization to Fix Remuneration. The voting proposal to ratify the appointment of Deloitte & Touche LLP as auditors of the Company for 2024 and authorize the Audit Committee to fix the auditor’s remuneration was approved by the following final voting results: Votes For Votes Withheld Broker Non-Votes 97,306 0 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/0000791963-24-000031-index.htm
- Shareholder Votes
  OPPENHEIMER HOLDINGS INC shareholders approved Adoption of the Oppenheimer Holdings Inc. 2024 Incentive Plan at the 2024-05-06 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2024-05-06
  source text: Matter No. 3 – Adoption of the Oppenheimer Holdings Inc. 2024 Incentive Plan . The voting proposal to ratify the adoption of the Oppenheimer Holdings Inc. 2024 Incentive Plan was approved by the following final voting results: Votes For Votes Against Broker Non-Votes 97,306 0 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/0000791963-24-000031-index.htm
- Shareholder Votes
  OPPENHEIMER HOLDINGS INC shareholders approved Election of Nine Directors at the 2024-05-06 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-05-06
  source text: Matter No. 1 - Election of Nine Directors. The nine director nominees proposed by the Board were elected to serve as members of the Board until the next annual meeting of stockholders and until their respective successors are duly elected and qualified by the following final voting results: Name For Withheld Broker Non-Votes Evan Behrens 97,306 0 0 Timothy M. Dwyer 97,306 0 0 Paul M. Friedman 97,306 0 0 Teresa A. Glasser 97,306 0 0 Stacy J. Kanter 97,306 0 0 Albert J. Lowenthal 97,306 0 0 Robert S. Lowenthal 97,306 0 0 R. Lawrence Roth 97,306 0 0 Suzanne E. Spaulding 97,306 0 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/791963/000079196324000031/0000791963-24-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.