Ment Jason P 4

What Happened
Jason P. Ment, President and Co‑COO of StepStone Group Inc. (STEP), was granted an award of 15,525 shares of Class A common stock (reported as an acquisition via award) on 2026-03-13. The filing lists no purchase price (N/A) because this was a restricted stock unit (RSU) award issued under the Issuer’s 2020 Long Term Incentive Plan rather than an open‑market purchase or sale. This is a compensation/retention grant rather than a cash transaction.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (check EDGAR for any late‑filing designation).
• Transaction type: Award/Grant (code A); shares: 15,525 Class A common stock; price: N/A.
• Vesting: Award vests in equal annual installments on Feb 14 of 2027, 2028, 2029 and 2030 (per footnote), subject to continued employment.
• Plan: Issued under StepStone’s 2020 Long Term Incentive Plan (per footnote).
• Shares owned after transaction: Not specified in the provided filing details.
• No immediate sale or cash proceeds — RSUs convert to shares upon vesting and may be subject to tax withholding when they vest.

Context RSU awards are a common form of long‑term compensation aimed at retention; they are not the same as an open‑market purchase that might signal personal conviction. Because these RSUs vest over four years, the economic interest for Ment is realized incrementally and depends on continued employment. For timing/timeliness questions, review the full SEC filing on EDGAR to see if a late‑filing flag was applied.