Goldblatt Ariel 4

What Happened

• Ariel Goldblatt, a director of Stepstone Private Credit Fund LLC, acquired 3,840.998 common shares on January 30, 2026. The reported purchase price was $100,000.00 per share, for a total transaction value of $384,099,800. The Form 4 records the transaction as a Purchase (code P).

Key Details

• Transaction date and price: January 30, 2026 — 3,840.998 shares at $100,000.00 per share.
• Total value: $384,099,800.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The filing states the reporting person’s subscription to purchase common shares was accepted on January 30, 2026; the issuer determined the purchase price per share and fixed the number of shares acquired in respect of that subscription.
• Timeliness: The Form 4 was filed with a report date of January 30, 2026 (same day), indicating a timely filing.

Context

• This was a direct purchase (subscription/private purchase) rather than a sale or option exercise. Purchases by directors can be interpreted by investors as a positive signal, but the filing itself does not state any motive. The transaction appears to be part of a subscription offering where the issuer set the price and allocation.