Hart Scott W 4

What Happened

• Hart Scott, CEO of StepStone Group Inc. (STEP), sold a total of 10,000 shares in open-market transactions on January 26, 2026. The sales were reported as two transactions: 4,616 shares at a weighted-average price of $71.99 (proceeds $332,306) and 5,384 shares at a weighted-average price of $72.97 (proceeds $392,870), totaling roughly $725,176. These were disposals (sales), which are often routine cashing-out transactions rather than a direct signal of company outlook.

Key Details

• Transaction date: January 26, 2026 (filed on January 28, 2026); filing appears timely (Form 4 due within two business days).
• Reported prices: $71.99 (4,616 shs) and $72.97 (5,384 shs); combined proceeds ≈ $725,176.
• Footnotes: Both sales were executed pursuant to separate Rule 10b5-1 trading plans. F1 notes trades ranged $71.47–$72.45 (weighted avg reported $71.99); F2 notes trades ranged $72.47–$73.37 (weighted avg reported $72.97). The filer offers to provide detailed per-trade quantities and prices on request.
• Shares owned after the transactions: Not specified in the provided filing excerpt.

Context

• Rule 10b5-1 plans are pre-arranged trading programs that allow insiders to sell shares on a preset schedule; such sales are commonly treated as routine and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases typically carry more informational weight than routine insider sales.