Form 4: StepStone Group Inc. Director Thomas Keck Disposes of 50,000 Class B Common Stock Units
SEC Form 4 Filing
Director Thomas Keck reports the disposition of 50,000 Class B Common Stock units of StepStone Group Inc. on December 31, 2024.
Summary
- Thomas Keck, a director at StepStone Group Inc., reported a transaction involving the disposition of 50,000 Class B Common Stock units on December 31, 2024.
- The transaction was executed at a price of $0.
- Following the transaction, Keck indirectly owns 2,551,124 Class B Units through a trust, exchangeable for Class A Common Stock.
- Keck also indirectly owns 1,645,374 Class B Common Stock shares through Cresta Capital, LLC and 100,750 Class A Common Stock shares through a trust.
- Keck is a member of a 13D group that owns more than 10% of the company's shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Disposition of Class B Common Stock units. |
| 01/02/2025 | Date of signature on the Form 4 filing. |
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