SITTEMA THOMAS KENT 4
Research Summary
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StepStone Private Markets Trustee Thomas Sittema Gifts 28,832 Shares
What Happened Thomas Kent Sittema, acting as a trustee, reported a gift of 28,831.825 Class I common shares of StepStone Private Markets on December 19, 2025. The filing lists the transaction code G (Gift); shares were disposed at $0.00 per share, so no cash proceeds were reported.
Key Details
- Transaction date: 2025-12-19
- Filing date with SEC: 2026-03-06 (filed after the transaction date; this is later than the typical 2-business-day reporting window)
- Transaction type/code: Gift (G)
- Shares transferred: 28,831.825
- Price per share / proceeds: $0.00 / $0 reported
- Shares owned after transaction: Not specified in the filing
- Footnote: F1 notes inclusion of Class I common shares received under the issuer's dividend reinvestment plan
- Exhibit listed: Exhibit 24 — Power of Attorney
Context Gifts are transfers and do not represent a market purchase or sale; they often reflect estate, trust, or charitable planning and do not necessarily indicate the insider’s view of the company’s prospects. As this transaction was made by a trustee, it may relate to trust administration rather than personal trading. The filing was submitted more than two months after the transaction date.
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