SITTEMA THOMAS KENT 4

What Happened

Thomas K. Sittema, a director of StepStone Private Equity Strategies Fund (STPEX), reported an open-market/private purchase of 25,188.917 shares on April 10, 2026 at $11.91 per share, for a total cost of $300,000. The filing notes these are Class I common shares received pursuant to the issuer's dividend reinvestment plan (see footnote F1). This was a purchase (acquisition) rather than a sale.

Key Details

• Transaction date and price: 2026-04-10 — 25,188.917 shares at $11.91 each (total ~$300,000).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnote: F1 — Includes Class I Common Shares received pursuant to the issuer's dividend reinvestment plan (DRIP).
• Filing date / timeliness: Report filed on 2026-04-14; this filing is within the SEC’s two-business-day Form 4 reporting window for the Apr 10 transaction.
• Exhibit: Exhibit 24 — Power of Attorney (listed in remarks).

Context

• Purchases via a dividend reinvestment plan are routine ways insiders can increase holdings by reinvesting dividends; they are generally considered less informative about a sudden change in view than ad hoc open-market buys but still represent insider accumulation.
• No options, gifts, or tax-withholding transactions were reported in this filing.