Form 4: StepStone Group CEO Scott Hart Reports Sale of Class A Common Stock

StepStone Group's CEO, Scott Hart, reported the sale of 900 shares of Class A Common Stock at an average price of $60.01, executed under a Rule 10b5-1 trading plan.

Summary

• On May 14, 2025, Scott W. Hart, CEO of StepStone Group Inc., sold 900 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $60.01 per share, with individual prices ranging from $60.00 to $60.05.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
• Following the transaction, Hart directly owns 50,883 shares of Class A Common Stock and indirectly owns 109,100 shares via a trust.
• He also indirectly owns 3,061,782 shares of Class B Common Stock through a trust.
• Hart is part of a 13D Group that owns more than 10% of StepStone Group Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects. The transaction was pre-planned.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information. The sale itself doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by the CEO could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, StepStone Group, Scott Hart, Class A Common Stock, Rule 10b5-1, Insider Trading, Beneficial Ownership, SEC Filing