StepStone (STEP) Director David F. Hoffmeister Receives Award

What Happened
David F. Hoffmeister, a director of StepStone Group Inc. (STEP), was granted 5,616 shares via a restricted stock unit award on 2026-09-08. The filing lists a per-share value of $50.74, for a total award value of $284,956. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (filed within the standard 2-business-day window).
• Award: 5,616 shares; per-share value reported: $50.74; total reported value: $284,956.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: The shares are RSUs that vest in full on the earlier of the first anniversary of the grant date or the issuer’s next annual meeting of stockholders, subject to continued service.
• Transaction type: A = award/grant (non-cash compensation).

Context
RSU grants to directors are a routine form of board compensation and do not necessarily signal a personal bullish or bearish view. The vesting schedule ties the award to continued service; there is no indication these shares were sold or immediately transferred.