Form 4: StepStone Group Executive Jose A. Fernandez Reports Acquisition of Class A Common Stock

Jose A. Fernandez, Co-Chief Operating Officer of StepStone Group Inc., reports acquiring Class A Common Stock through a restricted stock unit award.

Summary

• On March 14, 2025, Jose A. Fernandez, Co-Chief Operating Officer of StepStone Group Inc., acquired 4,807 shares of Class A Common Stock.
• This acquisition was made through an award of restricted stock units under the Issuer's 2020 Long Term Incentive Plan.
• The award vests in equal annual installments on February 14 of 2026, 2027, 2028, and 2029, contingent upon continued employment.
• Following the transaction, Fernandez directly owns 13,966 shares of Class A Common Stock.
• Fernandez also indirectly owns 8,920 shares of Class A Common Stock through a trust, 1,605,500 shares of Class B Common Stock through Santaluz Capital Partners, LLC, and 3,416,601 shares of Class B Common Stock through a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction related to compensation. The acquisition of shares by an executive is generally viewed positively, but it's not a major event.

Positives

• The acquisition of shares by a top executive can be seen as a positive signal, indicating confidence in the company's future performance.
• The vesting schedule of the restricted stock units incentivizes long-term commitment from the executive.

Future Outlook

The vesting schedule of the restricted stock units suggests a commitment to the company's long-term performance.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. This Form 4 filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.

Key Dates