Jose A. Fernandez - Sep 30, 2025 Form 4 Insider Report for StepStone Group Inc. (STEP)

Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Jose A. Fernandez
Stock symbol
STEP
Transactions as of
Sep 30, 2025
Transactions value $
-$200
Form type
4
Date filed
10/1/2025, 06:56 PM
Previous filing
Mar 17, 2025
Next filing
Nov 13, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fernandez Jose A Co-Chief Operating Officer, Director C/O STEPSTONE GROUP INC., 277 PARK AVENUE, 45TH FLOOR, NEW YORK /s/ Jennifer Ishiguro, Attorney-in-fact for Jose A. Fernandez 2025-10-01 0001822276

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Conversion of derivative security +200K +1784.12% 211K Sep 30, 2025 By Trust F1
transaction STEP Class B Common Stock Disposed to Issuer -$200 -200K -5.85% $0.00 3.22M Sep 30, 2025 By Trust F1
holding STEP Class A Common Stock 11.7K Sep 30, 2025 Direct
holding STEP Class B Common Stock 1.61M Sep 30, 2025 By Santaluz Capital Partners, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STEP Class B Units Conversion of derivative security -200K -5.85% 3.22M Sep 30, 2025 Class A Common Stock 200K By Trust F1, F2
holding STEP Class B Units 1.61M Sep 30, 2025 Class A Common Stock 1.61M By Santaluz Capital Partners, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 30, 2025, the Reporting Person exchanged 200,000 Class B Units of StepStone Group LP (the "Partnership") for 200,000 shares of Class A Common Stock. In connection with the exchange, 200,000 shares of Class B Common Stock were automatically redeemed and cancelled.
F2 The Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock of the Issuer will be automatically redeemed and cancelled.