Form 4 for STEP StepStone Group Inc.

Accepted 2025-10-01 00:00:00 ET · period of report 2025-09-30 · accession 0001822276-25-000003 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DI	2025-10-01	2025-09-30	STEP	Fernandez Jose A	Co-COO, Dir	D - Sale to Iss	$0.00	-200.0K	3.22M	-6%	$0
DI	2025-10-01	2025-09-30	STEP	Fernandez Jose A	Co-COO, Dir	C - Cnv Deriv	—	+200.0K	211.2K	+1,784%	—
DI	2025-10-01	2025-09-30	STEP	Fernandez Jose A	Co-COO, Dir	C - Cnv Deriv	—	-200.0K	3.22M	-6%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Common Stock	2025-09-30	D	D	200,000	$0.00	3,216,601	I By Trust	—	—
2	Common	Class A Common Stock	2025-09-30	C	A	200,000	—	211,210	I By Trust	—	—	(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.
3	Derivative	Class B Units	2025-09-30	C	D	200,000	—	3,216,601	I By Trust	— · — to —	200,000 Class A Common Stock	(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.