8-KFiled Sep 7, 8:00 PM ET
StepStone Group Reports 2026 Annual Meeting Results — Directors Elected
$STEP · StepStone Group Inc.Research Summary
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StepStone Group Reports 2026 Annual Meeting Results — Directors Elected
What Happened
- StepStone Group Inc. announced the results of its 2026 Annual Meeting of Stockholders. As of the July 14, 2026 record date there were 82,288,907 Class A and 38,387,761 Class B shares outstanding (120,676,668 total votes eligible); 108,711,940 votes were represented at the meeting.
- All seven director nominees named in the 2026 proxy were elected to one-year terms. The company’s stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2027, and approved, on a non-binding advisory basis, the Say-on-Pay proposal.
Key Details
- Total votes eligible: 120,676,668; votes represented: 108,711,940 (≈90.1% participation).
- Director vote examples: Monte M. Brem — For: 87,916,634; Withheld: 12,707,825; Broker non-votes: 8,087,481. Thomas Keck — For: 100,041,871; Withheld: 582,588.
- Auditor ratification: Ernst & Young LLP — For: 98,474,389; Against: 10,217,166; Abstain: 20,385.
- Say-on-Pay (non-binding): For: 94,882,717; Against: 5,720,728; Abstain: 21,014; Broker non-votes: 8,087,481.
Why It Matters
- Board continuity: Election of all seven nominees keeps the current board slate and corporate governance plan in place through the 2027 annual meeting. Vote totals show varying levels of investor support for individual directors.
- Audit continuity: Ratification of Ernst & Young maintains the company’s external auditor for FY2027, which is relevant for financial reporting stability.
- Executive compensation: Approval of Say-on-Pay (advisory) indicates majority shareholder support for the company’s named executive officer compensation, though it is non-binding.