| 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 | 13 Nov 2025 | 0001822276 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STEP | Class A Common Stock | Sale | $4,311,228 | -70,204 | -33% | $61.41 | 141,006 | 11 Nov 2025 | By Trust | F1 |
| transaction | STEP | Class A Common Stock | Sale | $12,414 | -200 | -0.14% | $62.07 | 140,806 | 11 Nov 2025 | By Trust | F2 |
| transaction | STEP | Class A Common Stock | Sale | $406,554 | -6,586 | -4.7% | $61.73 | 134,220 | 12 Nov 2025 | By Trust | F3 |
| transaction | STEP | Class A Common Stock | Sale | $3,623,935 | -57,798 | -43% | $62.70 | 76,422 | 12 Nov 2025 | By Trust | F4 |
| transaction | STEP | Class A Common Stock | Sale | $380,283 | -6,020 | -7.9% | $63.17 | 70,402 | 12 Nov 2025 | By Trust | F5 |
| transaction | STEP | Class A Common Stock | Sale | $3,447,508 | -55,444 | -79% | $62.18 | 14,958 | 13 Nov 2025 | By Trust | F6 |
| transaction | STEP | Class A Common Stock | Sale | $938,614 | -14,958 | -100% | $62.75 | 0 | 13 Nov 2025 | By Trust | F7 |
| holding | STEP | Class A Common Stock | 11,676 | 11 Nov 2025 | Direct | ||||||
| holding | STEP | Class B Common Stock | 3,216,601 | 11 Nov 2025 | By Trust | ||||||
| holding | STEP | Class B Common Stock | 1,605,500 | 11 Nov 2025 | By Santaluz Capital Partners, LLC |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $60.97 to $61.96. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F2 | This transaction was executed pursuant to a Rule 10b5-1 trading plan at a price of $62.07. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $61.02 to $62.01. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F4 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $62.02 to $63.01. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F5 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $63.02 to $63.39. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F6 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $61.55 to $62.54. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F7 | This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $62.55 to $63.18. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |