StepStone Group Inc. SC 13D/A Filing Amendment

TL;DR

BIG SHARK CHANGES STEPSTONE GROUP STAKE - FILING AMENDMENT 3

AI Summary

On April 15, 2024, Charles Ashton Newhall filed an amendment (No. 3) to Schedule 13D concerning StepStone Group Inc. The filing indicates a change in beneficial ownership of Class A Common Stock. The specific details of the change in ownership, including the number of shares and percentage, are not fully detailed in the provided excerpt but are the subject of this amendment.

Why It Matters

This filing signals a potential shift in significant ownership stakes in StepStone Group Inc., which could influence the company's stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in beneficial ownership, which can lead to increased stock volatility.

Key Numbers

• 3 — Amendment Number (Indicates this is the third update to the ownership filing.)
• April 15, 2024 — Filing Date (Date of the event requiring the filing.)

Key Players & Entities

• StepStone Group Inc. (company) — Subject Company
• Charles Ashton Newhall (person) — Filing Person
• Jennifer Y. Ishiguro (person) — Authorized Person to Receive Notices

FAQ

Key Financial Figures

• $0.001 — suer) Class A Common Stock, Par Value $0.001 Per Share (Title of Class of Securiti
• $35.58 — 0,738 shares of Class A Common Stock at $35.58 per share on April 15, 2024; and 27,913
• $35.36 — 7,913 shares of Class A Common Stock at $35.36 per share on April 16, 2024. (e) The

Filing Documents

• d828319dsc13da.htm (SC 13D/A) — 32KB
• 0001193125-24-099125.txt ( ) — 33KB

of the

Item 2 of the Schedule 13D is hereby amended and supplemented as follows: This Schedule 13D is being filed by Charles Ashton Newhall (the Reporting Person ). On April 15, 2024, the Reporting Person ceased to be the beneficial owner of more than five percent of the Class A Common Stock. (a) As of the date of this statement, the Reporting Person beneficially owns 2,871,290 shares of Class A Common Stock owned by Muddy River LLC and 309,238 shares of Class A common Stock owned by Brightside Foundation Inc. Item5. Interest in Securities of the Issuer (a) and (b) Items 5(a) and 5(b) of Schedule 13D are amended to reflect the following: The following table sets forth the aggregate number and percentage of the Class A Common Stock beneficially owned by the Reporting Person. The aggregate number and percentage of the Class A Common Stock beneficially owned by the Reporting Person is calculated in accordance with Rule 13d-3. Reporting Person Number of Shares Beneficially Owned Percentage of Class A Common Stock Outstanding (1) Charles Ashton Newhall 3,180,528 4.85 % (1) Based on 65,614,902 shares of Class A Common Stock issued and outstanding as of April 5, 2024. (c) Item 5(c) of Schedule 13D is hereby amended and supplemented as follows: Other than the transactions described below and disclosed in the Original Filing, the Reporting Person has not effected any transactions involving the beneficial ownership of Class A Common Stock during the sixty (60) days prior to the date of this statement. With respect to the sale transactions reported below, each days sales comprised open market transactions made on that day, and the price per share reported is the weighted average sale 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 of Class A Common Stock and prices at which the trades were effected. Pursuant to his 10b

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of each of the undersigneds knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct. Dated: April 17, 2024 /s/ Jennifer Ishiguro, Attorney-in-Fact Charles Ashton Newhall

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