StepStone (NYSE: STEP) director awarded 7,152 Class A RSU shares

Rhea-AI Filing Summary

Keck Thomas reported acquisition or exercise transactions in this Form 4 filing.

StepStone Group Inc. director Thomas Keck reported a compensation-related grant of 7,152 shares of Class A Common Stock. These shares were issued under StepStone’s 2020 Long Term Incentive Plan pursuant to an award of restricted stock units.

The award vests in four equal annual installments on February 14, 2027, 2028, 2029 and 2030, contingent on Keck’s continued employment through each vesting date. After this grant, he holds 21,118 Class A shares directly, along with additional indirect holdings of Class A and Class B shares through trusts and related entities.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Keck Thomas

(Last) (First) (Middle)

C/O STEPSTONE GROUP INC.

277 PARK AVENUE, 45TH FLOOR

(Street)

NEW YORK NY 10172

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
StepStone Group Inc. [ STEP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/13/2026		A		7,152(1)	A	(1)	21,118	D
Class A Common Stock								100,750	I	By Trust
Class B Common Stock								2,520,501	I	By Trust
Class B Common Stock								1,645,374	I	By Cresta Capital, LLC
Class B Common Stock								30,623	I	By Croft & Company LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Jennifer Ishiguro, Attorney-in-fact for Thomas Keck	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did StepStone (STEP) director Thomas Keck report in this Form 4?

Thomas Keck reported a grant of 7,152 StepStone Class A shares as part of a restricted stock unit award. The grant is compensation, not an open-market purchase, and was made under the company’s 2020 Long Term Incentive Plan.

How many StepStone Class A shares were granted to Thomas Keck?

Thomas Keck received 7,152 shares of StepStone Class A Common Stock at no purchase price. The shares were issued pursuant to a restricted stock unit award granted under StepStone’s 2020 Long Term Incentive Plan, reflecting equity-based director compensation.

What is the vesting schedule for Thomas Keck’s new StepStone share award?

The 7,152-share award vests in four equal annual installments on February 14, 2027, 2028, 2029 and 2030. Each installment requires Thomas Keck to remain employed through the relevant vesting date for those shares to fully vest and become unrestricted.

How many StepStone Class A shares does Thomas Keck hold after this grant?

Following the grant, Thomas Keck directly holds 21,118 StepStone Class A shares. In addition to this direct ownership, he has various indirect holdings in both Class A and Class B shares through trusts and affiliated entities, as disclosed in the same Form 4.

Are Thomas Keck’s other StepStone holdings part of this new transaction?

No, the only new transaction is the 7,152-share Class A grant. The additional Class A and Class B positions noted for trusts and LLCs are holding entries, showing existing indirect ownership rather than newly acquired or sold shares in this particular filing.

Is Thomas Keck’s StepStone grant an open-market share purchase?

No, the filing classifies the 7,152-share transaction with code A as a grant or award. It represents equity compensation under the 2020 Long Term Incentive Plan, granted at zero purchase price, rather than a voluntary open-market buy of StepStone shares.