Fernandez Jose A 4
4 · StepStone Group Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
StepStone (STEP) COO Jose A. Fernandez Sells Shares
What Happened
- Jose A. Fernandez, Chief Operating Officer of StepStone Group Inc. (STEP), sold a total of 202,290 Class A shares in open‑market transactions between June 1–3, 2026, for aggregate proceeds of approximately $9.61 million. Individual reported trades include 28,324 @ $47.90 ($1,356,720); 56,176 @ $48.57 ($2,728,468); 12,117 @ $49.78 ($603,184); 3,383 @ $50.59 ($171,146); 85,200 @ $46.41 ($3,954,132); 14,800 @ $47.33 ($700,484); and 2,290 @ $42.64 ($97,646). These were sales (not purchases) and therefore do not indicate a new insider purchase signal.
Key Details
- Dates and prices: Trades occurred June 1–3, 2026. Reported per‑trade weighted averages and totals are listed above; trade price ranges per footnotes: $47.25–48.24; $48.25–49.18; $49.31–50.29; $50.31–50.93; $46.00–46.99; $47.00–47.76; and $42.64.
- 10b5‑1 plans: Footnotes F1–F7 state these sales were executed pursuant to Rule 10b5‑1 trading plans (multiple trades and weighted average prices reported).
- Holdings after transaction: The amount sold (202,290 shares) matches the previously reported 202,290 shares held indirectly through the Fernandez Family Trust (see F8). The filing corrects prior clerical errors and notes 16,538 shares held directly (see footnote F8); investors should consult the Form 4 for the exact post‑transaction beneficial ownership line items.
- Filing timeliness: Form filed June 3, 2026; appears to have been submitted promptly following the trades.
Context
- Sales executed under 10b5‑1 plans are pre‑arranged and common for executives managing planned diversification or estate/tax needs; they generally reduce the ability to infer immediate insider sentiment from the trades. No purchases, option exercises, or awards are reported in this filing.
Insider Transaction Report
Form 4
Fernandez Jose A
DirectorCo-Chief Operating Officer
Transactions
- Sale
Class A Common Stock
[F1]2026-06-01$47.90/sh−28,324$1,356,720→ 173,966 total(indirect: By Trust) - Sale
Class A Common Stock
[F2]2026-06-01$48.57/sh−56,176$2,728,468→ 117,790 total(indirect: By Trust) - Sale
Class A Common Stock
[F3]2026-06-01$49.78/sh−12,117$603,184→ 105,673 total(indirect: By Trust) - Sale
Class A Common Stock
[F4]2026-06-01$50.59/sh−3,383$171,146→ 102,290 total(indirect: By Trust) - Sale
Class A Common Stock
[F5]2026-06-02$46.41/sh−85,200$3,954,132→ 17,090 total(indirect: By Trust) - Sale
Class A Common Stock
[F6]2026-06-02$47.33/sh−14,800$700,484→ 2,290 total(indirect: By Trust) - Sale
Class A Common Stock
[F7]2026-06-03$42.64/sh−2,290$97,646→ 0 total(indirect: By Trust)
Holdings
- 16,538
Class A Common Stock
[F8] - 3,016,601(indirect: By Trust)
Class B Common Stock
- 1,605,500(indirect: By LLC)
Class B Common Stock
Footnotes (8)
- [F1]This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $47.25 to $48.24. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $48.25 to $49.18. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $49.31 to $50.29. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $50.31 to $50.93. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $46.00 to $46.99. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]This transaction was executed pursuant to a Rule 10b5-1 trading plan in multiple trades at prices ranging from $47.00 to $47.76. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F7]This transaction was executed pursuant to a Rule 10b5-1 trading plan at a price of $42.64. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F8]The 16,538 shares of Class A Common Stock reported as held directly reflect the correction of a clerical error in the Reporting Person's Form 4 filed on March 17, 2026, which was carried forward on the Reporting Person's Form 4 filed on April 2, 2026. Both filings inadvertently reported 2,290 shares as held directly that had previously been transferred to the Fernandez Family Trust. The correct balances at the time of those filings were 16,538 shares held directly and 2,290 shares held indirectly through the Trust (March 17, 2026 filing) and 16,538 shares held directly and 202,290 shares held indirectly through the Trust (April 2, 2026 filing). Total beneficial ownership was correctly reported on both prior filings.
Signature
/s/ Jennifer Ishiguro, Attorney-in-fact for Jose A. Fernandez|2026-06-03