Jose A. Fernandez - 30 Sep 2025 Form 4 Insider Report for StepStone Group Inc. (STEP)

Role
Co-Chief Operating Officer, Director
Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Jose A. Fernandez
Issuer symbol
STEP
Transactions as of
30 Sep 2025
Net transactions value
-$200
Form type
4
Filing time
01 Oct 2025, 18:56:05 UTC
Previous filing
17 Mar 2025
Next filing
13 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fernandez Jose A Co-Chief Operating Officer, Director C/O STEPSTONE GROUP INC., 277 PARK AVENUE, 45TH FLOOR, NEW YORK /s/ Jennifer Ishiguro, Attorney-in-fact for Jose A. Fernandez 01 Oct 2025 0001822276

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEP Class A Common Stock Conversion of derivative security +200,000 +1784% 211,210 30 Sep 2025 By Trust F1
transaction STEP Class B Common Stock Disposed to Issuer $200 -200,000 -5.9% $0.001000 3,216,601 30 Sep 2025 By Trust F1
holding STEP Class A Common Stock 11,676 30 Sep 2025 Direct
holding STEP Class B Common Stock 1,605,500 30 Sep 2025 By Santaluz Capital Partners, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STEP Class B Units Conversion of derivative security -200,000 -5.9% 3,216,601 30 Sep 2025 Class A Common Stock 200,000 By Trust F1, F2
holding STEP Class B Units 1,605,500 30 Sep 2025 Class A Common Stock 1,605,500 By Santaluz Capital Partners, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 30, 2025, the Reporting Person exchanged 200,000 Class B Units of StepStone Group LP (the "Partnership") for 200,000 shares of Class A Common Stock. In connection with the exchange, 200,000 shares of Class B Common Stock were automatically redeemed and cancelled.
F2 The Class B Units of the Partnership are exchangeable, on a one-for-one basis, for shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock of the Issuer will be automatically redeemed and cancelled.