Form 4: StepStone Group CFO David Y. Park Sells 2,500 Shares
SEC Form 4
David Y. Park, CFO of StepStone Group Inc., sold 2,500 shares of Class A Common Stock at an average price of $44.13 on June 3, 2024.
Summary
- On June 3, 2024, David Y. Park, the Chief Financial Officer of StepStone Group Inc., sold 2,500 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $44.13 per share, with individual trades ranging from $44.11 to $44.25.
- Following the transaction, Park directly owns 27,217 shares of StepStone Group Inc.
Sentiment
Score: 5
Explanation: Neutral. This is a routine disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: David Y. Park sold 2,500 shares of Class A Common Stock. |
| 06/04/2024 | Date of report: Form 4 filing date. |
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