Form 4: StepStone Group CEO Scott W. Hart Sells Class A Common Stock

StepStone Group's CEO, Scott W. Hart, executed multiple sales of Class A Common Stock on February 20, 2025, under a Rule 10b5-1 trading plan.

Summary

• On February 20, 2025, Scott W. Hart, the CEO of StepStone Group Inc., sold shares of Class A Common Stock.
• The sales were executed in multiple transactions under a pre-arranged Rule 10b5-1 trading plan.
• A total of 6,814 shares were sold at a weighted average price of $61, 2,755 shares were sold at a weighted average price of $62.27, and 431 shares were sold at a weighted average price of $62.79.
• Following these transactions, Hart directly owns 42,498 shares of Class A Common Stock and indirectly owns 110,000 shares of Class A Common Stock, 3,061,782 shares of Class B Common Stock through a trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by an insider. It doesn't inherently convey positive or negative sentiment, as it's simply a record of transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.

Stakeholder Impact

• The stock sales by the CEO could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the insider's actions.

Key Dates

Keywords

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