McCabe Michael I 4

What Happened
Michael I. McCabe, Head of Strategy and a director of StepStone Group Inc. (STEP), received an award of 7,152 restricted stock units (RSUs) on March 13, 2026. The Form 4 reports this as an award/grant (code A); no purchase price or immediate cash value is shown on the filing. This is a compensation grant (not an open-market buy or sale).

Key Details

• Transaction date: 2026-03-13 (Form filed 2026-03-17). The filing does not show a late-filing code.
• Security: 7,152 RSUs (Class A Common Stock to be issued upon vesting). Price: N/A; total dollar value not specified in the filing.
• Shares owned after transaction: Not specified in this filing.
• Footnote (F1): The RSUs vest in four equal annual installments on Feb 14 of 2027, 2028, 2029 and 2030, subject to continued employment.
• No tax-withholding or sale-for-withholding is reported in this transaction.

Context
RSU awards are a common form of equity compensation: they represent a right to receive shares in the future if vesting conditions are met, rather than an immediate purchase or sale. Because these shares vest over multiple years and are contingent on continued employment, this grant does not represent an immediate market transaction or liquidity event.