SITTEMA THOMAS KENT 4
4 · StepStone Private Venture & Growth Fund · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
StepStone (XSPIX) Trustee Thomas Sittema Buys Shares
What Happened
- Thomas K. Sittema, a trustee for StepStone Private Venture & Growth Fund (XSPIX), reported multiple open-market purchases totalling $925,000 (24,825.22 shares acquired) and several zero-dollar gift transfers. Purchases occurred between 2022 and 2026 and are typically viewed as more informative (buying) than the gift transfers, which are non-market transfers and do not signal market sentiment.
- Purchases (highlights): 5,474.453 shares @ $27.40 = $150,000 (2022-12-01); 6,609.385 @ $30.26 = $200,000 (2023-02-01); 7,676.561 @ $39.08 = $300,000 (2024-11-01); 1,511.792 @ $49.61 = $75,000 (2025-11-03); 3,553.029 @ $56.29 = $200,000 (2026-01-02). Gift transactions include transfers on 2025-03-03 and a gift disposition of 22,112.05 shares on 2026-01-02.
Key Details
- Transaction dates & details:
- 2022-12-01: Purchase 5,474.453 shares @ $27.40 = $150,000 (Code P)
- 2023-02-01: Purchase 6,609.385 shares @ $30.26 = $200,000 (P)
- 2024-11-01: Purchase 7,676.561 shares @ $39.08 = $300,000 (P)
- 2025-03-03: Gift disposition 7,676.561 shares (G) and simultaneous gift acquisition 7,676.561 shares (G) — internal transfer
- 2025-11-03: Purchase 1,511.792 shares @ $49.61 = $75,000 (P)
- 2026-01-02: Purchase 3,553.029 shares @ $56.29 = $200,000 (P); Gift disposition 22,112.05 shares (G)
- Total open-market purchases reported: 24,825.22 shares for $925,000.
- Total gift dispositions reported: 29,788.611 shares (including transfers); net gift disposition after offsetting same-day transfer: 22,112.05 shares.
- Shares owned after these transactions: not specified in the filing.
- Footnote: F1 notes inclusion of Class I common shares received via the issuer's dividend reinvestment plan.
- Filing and exhibits: Form 4 filed 2026-03-06 (covers transactions back to 2022-12-01); Exhibit 24 (Power of Attorney) attached. The filing date is notably later than some transaction dates, which delays public disclosure but does not change the underlying trades.
Context
- Gift transfers (code G) are non-market transfers (e.g., between family members or entities) and generally should not be interpreted as a buy/sell signal about the stock.
- Purchases (code P) are open-market or private purchases and are more directly informative about the insider adding to holdings.
- No options exercises or sales for cash were reported in this filing.
Insider Transaction Report
Form 4
SITTEMA THOMAS KENT
Other
Transactions
- Purchase
Class I Common Shares of Beneficial Interest
2022-12-01$27.40/sh+5,474.453$150,000→ 15,474.453 total - Purchase
Class I Common Shares of Beneficial Interest
2023-02-01$30.26/sh+6,609.385$200,000→ 22,083.838 total - Purchase
Class I Common Shares of Beneficial Interest
2024-11-01$39.08/sh+7,676.561$300,000→ 29,760.399 total - Gift
Class I Common Shares of Beneficial Interest
[F1]2025-03-03−7,676.561→ 22,112.05 total - Gift
Class I Common Shares of Beneficial Interest
2025-03-03+7,676.561→ 7,676.561 total(indirect: By Trust) - Purchase
Class I Common Shares of Beneficial Interest
2025-11-03$49.61/sh+1,511.792$75,000→ 9,188.353 total(indirect: By Trust) - Purchase
Class I Common Shares of Beneficial Interest
[F1]2026-01-02$56.29/sh+3,553.029$200,000→ 12,753.118 total(indirect: By Trust) - Gift
Class I Common Shares of Beneficial Interest
2026-01-02−22,112.05→ 0 total
Footnotes (1)
- [F1]Includes Class I Common Shares of Beneficial Interest, par value $0.001 received pursuant to the Issuer's dividend reinvestment plan.
Signature
/s/ Dean Caruvana, Attorney-in-Fact|2026-03-06