Park David Y 4

What Happened David Y. Park, Chief Financial Officer of StepStone Group Inc. (STEP), had 3,480 shares withheld by the issuer to satisfy tax withholding obligations related to the release of 6,640 vested restricted stock units (RSUs). The shares were valued at $56.76 each, totaling approximately $197,525. After withholding, 3,160 net shares were delivered to Mr. Park. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: Feb 14, 2026 — 3,480 shares withheld at $56.76 per share (total ~$197,525).
• Related grant/release: Withholding in connection with release of 6,640 vested RSUs (Footnote F1).
• Net shares delivered to insider: 3,160 (6,640 vested minus 3,480 withheld).
• Shares owned after transaction: Not disclosed in the filing.
• Filing date/timeliness: Form 4 filed Feb 17, 2026 — within the standard two-business-day reporting window (timely).
• Transaction code: F — shares withheld to cover tax obligations (cashless/tax withholding), not a purchase or open-market sale.

Context Tax-withholding by the issuer upon RSU vesting is a routine administrative action and should not be interpreted as a bullish or bearish trade by the insider. It differs from an open-market sale because shares are surrendered to the company to cover taxes rather than sold on the market.