Jason P. Ment - May 23, 2025 Form 4 Insider Report for StepStone Group Inc. (STEP)

Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Jason P. Ment
Stock symbol
STEP
Transactions as of
May 23, 2025
Transactions value $
-$3,430,073
Form type
4
Date filed
5/28/2025, 08:46 PM
Previous filing
May 16, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ment Jason P Member of 13D Group that owns more than 10%, Member of 13D Group that owns more than 10% C/O STEPSTONE GROUP INC., 277 PARK AVENUE, 45TH FLOOR, NEW YORK /s/ Jennifer Ishiguro, Attorney-in-fact for Jason P. Ment 2025-05-28 0001822643

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Sale -$54K -900 -0.99% $60.00 89.8K May 23, 2025 Direct F1
transaction STEP Class A Common Stock Sale -$2.09M -34.7K -38.65% $60.14 55.1K May 28, 2025 Direct F2
transaction STEP Class A Common Stock Sale -$1.25M -20.3K -36.89% $61.65 34.8K May 28, 2025 Direct F3
transaction STEP Class A Common Stock Sale -$37.2K -600 -1.73% $62.02 34.2K May 28, 2025 Direct F4
holding STEP Class B Common Stock 1.13M May 23, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $60.00 to $60.02. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $60.00 to $60.95. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected
F3 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $61.00 to $61.99. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected
F4 This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $62.00 to $62.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected

Remarks:

Member of 13D Group that owns more than 10%