StepStone holders back directors, pay plan
StepStone Group Inc. stockholders elected all director nominees, ratified Ernst & Young LLP, and approved Say-on-Pay at the 2026 annual meeting with strong voting support.
Rhea-AI Filing Summary
StepStone Group Inc. (STEP) reported the results of its 2026 Annual Meeting of Stockholders held on September 8, 2026. Stockholders elected seven directors to one-year terms, ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, and approved, on an advisory basis, executive compensation.
As of the July 14, 2026 record date, there were 82,288,907 Class A and 38,387,761 Class B shares outstanding, for 120,676,668 total votes eligible. Shares entitled to cast 108,711,940 votes were represented. Support levels for director nominees and proposals were high, with each director receiving over 87.9 million “for” votes and Say-on-Pay receiving approximately 94.9 million “for” votes.
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Class A shares outstanding: 82,288,907 shares
Class B shares outstanding: 38,387,761 shares
Total votes eligible: 120,676,668 votes
+5 more
8 metrics
Class A shares outstanding
82,288,907 shares
As of the July 14, 2026 record date
Class B shares outstanding
38,387,761 shares
As of the July 14, 2026 record date
Total votes eligible
120,676,668 votes
Votes eligible to be cast at the 2026 annual meeting
Votes represented at meeting
108,711,940 votes
Votes represented in person or by proxy at the 2026 annual meeting
Say-on-Pay votes for
94,882,717 votes
Non-binding advisory approval of named executive officer compensation
Auditor ratification votes for
98,474,389 votes
Ratification of Ernst & Young LLP for fiscal year ending March 31, 2027
Highest director support
100,041,871 votes
Votes for director nominee Thomas Keck
Broker non-votes on Say-on-Pay
8,087,481 votes
Broker non-votes on the Say-on-Pay proposal
Key Terms
broker non-votes, Say-on-Pay, independent registered public accounting firm, Annual Meeting of Stockholders
4 terms
broker non-votes financial
"The following seven directors were elected by the votes shown below."
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Say-on-Pay financial
"approving, on a non-binding and advisory basis, the compensation of the Company's named executive officers (“Say-on-Pay”)."
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
independent registered public accounting firm financial
"ratifying the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Annual Meeting of Stockholders financial
"held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) for the purposes of"
FAQ
What corporate actions did STEP stockholders approve at the 2026 annual meeting?
Stockholders elected seven directors to one-year terms, ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, and approved Say-on-Pay on a non-binding advisory basis.
What was the quorum for STEP’s 2026 annual meeting?
Shares entitled to cast 108,711,940 votes were represented at the meeting out of 120,676,668 eligible votes, indicating that a sufficient quorum was present for the 2026 annual meeting.
How did STEP stockholders vote on the Say-on-Pay proposal?
For the non-binding Say-on-Pay proposal, stockholders cast 94,882,717 votes for, 5,720,728 against, and 21,014 abstentions, with 8,087,481 broker non-votes. The compensation of named executive officers was therefore approved on an advisory basis.
What were the voting results for the ratification of Ernst & Young LLP for STEP?
Stockholders voted to ratify Ernst & Young LLP as independent registered public accounting firm with 98,474,389 votes for, 10,217,166 against, and 20,385 abstentions. There were no broker non-votes on this proposal.
Did all STEP director nominees get elected at the 2026 meeting?
Yes. All seven director nominees received sufficient support, with “for” votes ranging from 87,916,634 for Monte M. Brem to 100,041,871 for Thomas Keck, along with corresponding withhold and broker non-vote tallies reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
