StepStone (STEP) President Ment awarded 15,525 RSUs, updates Class A and B holdings
Rhea-AI Filing Summary
Ment Jason P reported acquisition or exercise transactions in this Form 4 filing.
StepStone Group Inc. President & Co-COO Jason P. Ment reported receiving an equity award in the form of restricted stock units for 15,525 shares of Class A Common Stock at no purchase price. This is a compensation-related grant, not an open-market transaction.
The award was made under StepStone’s 2020 Long Term Incentive Plan and will vest in four equal annual installments on February 14, 2027, 2028, 2029 and 2030, provided he remains employed through each vesting date. After this grant, he directly holds 49,680 Class A shares and a separate line reflects 1,128,249 Class B shares as a reported holding.
Positive
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Negative
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Insights
Routine RSU grant to senior executive, no market buy/sell signal.
Jason P. Ment, President & Co-COO of StepStone Group Inc., received a grant of 15,525 restricted stock units of Class A Common Stock at $0 per share. This represents stock-based compensation rather than an open-market purchase or sale.
The RSUs vest in four equal annual tranches on February 14, 2027, 2028, 2029 and 2030, contingent on continued employment. Such multi-year vesting aligns leadership incentives with longer-term company performance but does not itself indicate any change in management’s outlook on the stock.
Following the grant, Ment directly holds 49,680 Class A shares and a separate holding entry shows 1,128,249 Class B shares. With no derivative exercises, sales, or tax-withholding dispositions disclosed here, the filing mainly updates his equity compensation and ownership records.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,525 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents the number of shares of Class A Common Stock issued to the Reporting Person pursuant to an award of restricted stock units under the Issuer's 2020 Long Term Incentive Plan. The award vests in equal annual installments on each of February 14, 2027, 2028, 2029 and 2030, subject to the Reporting Person's continued employment through the applicable vesting date.
FAQ
What did StepStone Group (STEP) executive Jason Ment report in this Form 4?
Is Jason Ment buying or selling StepStone Group (STEP) stock in this filing?
How do the new restricted stock units for STEP vest for Jason Ment?
Under which plan were the new StepStone (STEP) restricted stock units granted to Jason Ment?
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