Director Valerie Gay Brown filed a Form 4 with the SEC on September 10, 2026, disclosing the acquisition of 5,518 shares of StepStone Group Inc. Class A Common Stock on September 8, 2026, pursuant to a restricted stock unit award granted as board compensation.

Key Highlights

  • Reporting person: Valerie Gay Brown, identified as a Director of StepStone Group Inc.
  • Shares acquired: 5,518 shares of Class A Common Stock acquired on September 8, 2026, via transaction code "A" (acquired).
  • Price per share: $50.74, per the filing.
  • Direct beneficial ownership following transaction: 12,235 shares of Class A Common Stock held directly.
  • Indirect beneficial ownership: 15,322 shares of Class A Common Stock held indirectly by trust.
  • Vesting condition: The award vests in full on the earlier of the first anniversary of the grant date or the issuer's next annual meeting of stockholders, subject to continued service.

Valerie Brown's RSU Award and Beneficial Ownership at StepStone Group

According to the filing, the 5,518 shares reported represent Class A Common Stock issued to Valerie Gay Brown "pursuant to an award of restricted stock units as compensation for the Reporting Person's service on the Issuer's board of directors." The transaction was coded "A," indicating an acquisition, and carries a reported price of $50.74 per share. The filing is for StepStone Group Inc., listed on NASDAQ:STEP.

Following the reported transaction, the filing states that Brown directly holds 12,235 shares of Class A Common Stock. In addition, the filing discloses indirect beneficial ownership of 15,322 shares of Class A Common Stock held by trust. No derivative securities transactions were reported in Table II of the filing.

The filing notes that the RSU award "vests in full on the earlier of the first anniversary of the grant date or the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer." The Form 4 was signed by Jennifer Ishiguro as attorney-in-fact for Valerie G. Brown and filed on September 10, 2026.

What Was Disclosed

The filing disclosed that Director Valerie Gay Brown acquired 5,518 shares of StepStone Group Class A Common Stock on September 8, 2026, at $50.74 per share via an RSU board compensation award, bringing her direct holdings to 12,235 shares and indirect trust holdings to 15,322 shares.