Park David Y 4

What Happened
David Y. Park, Chief Financial Officer of StepStone Group Inc. (STEP), acquired 64 shares of Class A common stock on March 31, 2026. The shares were purchased through StepStone's Employee Stock Purchase Plan (ESPP); the filing shows the purchase price as 85% of the fair market value on March 31, 2026, but the exact per‑share price and total dollar amount are not disclosed in the Form 4.

Key Details

• Transaction date: March 31, 2026 (Form 4 filed April 2, 2026).
• Transaction type/code: Purchase via ESPP (reported as "A" — award/acquisition).
• Shares acquired: 64 Class A common shares.
• Price: Paid equals 85% of the fair market value as of 3/31/2026 (exact price and total value not reported).
• Footnote: F1 confirms purchase under the ESPP at an 85% discount of the lower closing price on the offering period start or end (price here is 85% of FMV on 3/31/2026).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Filed April 2, 2026 — within the typical two-business-day Form 4 deadline (not marked late).

Context
ESPP purchases are a common employee benefit allowing discounted purchases of company stock and are often recurring for eligible employees. While insider purchases can be viewed positively, ESPP transactions are routine compensation-related acquisitions and do not by themselves indicate a change in insider sentiment.