# EDGAR Filing Document

**Accession Number:** 0001796022
**File Stem:** 0001796022-25-000068
**Filing Date:** 2025-9
**Character Count:** 12493
**Document Hash:** 9d359faa8dc7f8033385760176611bc0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001796022-25-000068.hdr.sgml**: 20250911

**ACCESSION NUMBER**: 0001796022-25-000068

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250909

**ITEM INFORMATION**: Material Modifications to Rights of Security Holders

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250911

**DATE AS OF CHANGE**: 20250911

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** StepStone Group Inc.
- **CENTRAL INDEX KEY:** 0001796022
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 843868757
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39510
- **FILM NUMBER:** 251307311

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **STREET 2:** 45TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** 1-212-351-6100

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **STREET 2:** 45TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

?xml version='1.0' encoding='ASCII'? step-20250909

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934**

September 9, 2025

Date of Report (date of earliest event reported)

 **STEPSTONE GROUP INC.** 

**(Exact name of registrant as specified in charter)**

---

| | | | |
|:---|:---|:---|:---|
| **Delaware** | 001-39510 | 001-39510 | **84-3868757** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| **277 Park Avenue, 45**<sup>th</sup> **Floor** | **New York,** | **NY** | **10172** |
| (Address of Principal Executive Offices) |  |  | (Zip Code) |

---

**(212) 351-6100** 

Registrant's telephone number, including area code

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **Class A common stock, par value $0.001 per share** | **STEP** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 3.03. Material Modification to Rights of Security Holders.**

The information set forth under Item 5.03 below is incorporated by reference in this Item 3.03.

**Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**

On September 9, 2025, as described below, upon the recommendation of the Board of Directors (the "<u>Board</u>") of StepStone Group Inc., a Delaware corporation (the "<u>Company</u>"), the Company's stockholders approved amendments to the Company's Amended and Restated Certificate of Incorporation (the "<u>Certificate of Incorporation</u>") to limit the liability of certain officers as permitted by Delaware law (the "<u>Exculpation Amendment</u>"). The details of the Exculpation Amendment were disclosed in the Company's definitive proxy statement (the "<u>Proxy Statement</u>") for its 2025 Annual Meeting of Stockholders (the "<u>Annual Meeting</u>"), filed with the Securities and Exchange Commission on July 25, 2025, which description is incorporated herein by reference.

As a result, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Secretary of State of the State of Delaware on September 10, 2025, which became effective upon filing.

The foregoing description of the Exculpation Amendment is qualified in its entirety by reference to the full text of the Certificate of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.

On September 9, 2025, as described below, upon the recommendation of the Board, the Company's stockholders also approved amendments to the Certificate of Incorporation to remove obsolete provisions and make certain other clarifying, technical and conforming changes (the "<u>Clean-Up Amendments</u>"), the details of which were disclosed in the Proxy Statement, which description is incorporated herein by reference. The Company intends to file a Certificate of Amendment to the Certificate of Incorporation setting forth the Clean-Up Amendments with the Secretary of State of the State of Delaware on September 18, 2025 and will disclose such fact in a separate Current Report on Form 8-K following the filing of the applicable Certificate of Amendment.

**Item 5.07. Submission of Matters to a Vote of Security Holders.**

On September 9, 2025, the Company held its 2025 Annual Meeting for the purposes of (i) electing nine director nominees named in the Proxy Statement to serve for a one-year term; (ii) ratifying the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2026; (iii) approving, on a non-binding and advisory basis, the compensation of our named executive officers ("<u>Say-on-Pay</u>"); (iv) approving the Exculpation Amendment; and (v) approving the <u>Clean-Up Amendments</u>. As of the record date of July 15, 2024, there were 78,552,912 shares of the Company's Class A common stock, par value $0.001 per share ("<u>Class A Common Stock</u>"), and 39,504,186 shares of the Company's Class B common stock, par value $0.001 per share ("<u>Class B Common Stock</u>"), outstanding. Stockholders were entitled to one vote per share of Class A Common Stock held and five votes per share of Class B Common Stock held on the matters presented at the Annual Meeting. The Class A Common Stock and Class B Common Stock voted as a single class on all matters presented at the Annual Meeting. Of the total 276,073,842 votes eligible to be cast at the Annual Meeting, shares entitled to cast 268,858,771 votes were represented. The final results of the stockholder vote are set forth below.

**Proposal 1 – Election of Directors**

The Company's stockholders elected each of the nominees for director named in the Proxy Statement, each to serve for a one-year term to expire at the Company's 2026 annual meeting of stockholders and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, removal, retirement or disqualification. The following nine directors were elected by the votes shown below.

------

---

| | | | |
|:---|:---|:---|:---|
| | **FOR** | **WITHHELD** | **BROKER NON-VOTES** |
| Monte M. Brem | 226603598 | 37131484 | 5123689 |
| Valerie G. Brown | 260525044 | 3210038 | 5123689 |
| Jose A. Fernandez | 242080582 | 21654500 | 5123689 |
| Scott W. Hart | 238644364 | 25090718 | 5123689 |
| David F. Hoffmeister | 257352916 | 6382166 | 5123689 |
| Thomas Keck | 240977337 | 22757745 | 5123689 |
| Michael I. McCabe | 240937986 | 22797096 | 5123689 |
| Steven R. Mitchell | 239525210 | 24209872 | 5123689 |
| Anne L. Raymond | 258736646 | 4998436 | 5123689 |

---

**Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm** 

The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2026. The selection was ratified by the votes shown below.

---

| | | | |
|:---|:---|:---|:---|
| **FOR** | **AGAINST** | **ABSTAIN** | **BROKER NON-VOTES** |
| 265,243,485 | 3,596,494 | 18,792 | 0 |

---

**Proposal 3 – Say-on-Pay**

The Company's stockholders, on a non-binding and advisory basis, voted to approve the compensation of the Company's named executive officers. The Say-on-Pay proposal was approved by the votes shown below.

---

| | | | |
|:---|:---|:---|:---|
| **FOR** | **AGAINST** | **ABSTAIN** | **BROKER NON-VOTES** |
| 255,051,724 | 8,663,534 | 19,824 | 5,123,689 |

---

**Proposal 4 – Exculpation Amendment**

The Company's stockholders voted to approve the Exculpation Amendment. The Exculpation Amendment was approved by the votes shown below.

---

| | | | |
|:---|:---|:---|:---|
| **FOR** | **AGAINST** | **ABSTAIN** | **BROKER NON-VOTES** |
| 259,188,142 | 4,531,214 | 15,726 | 5,123,689 |

---

**Proposal 5 – Clean-Up Amendments**

The Company's stockholders voted to approve the Clean-Up Amendments. The Clean-Up Amendments were approved by the votes shown below.

---

| | | | |
|:---|:---|:---|:---|
| **FOR** | **AGAINST** | **ABSTAIN** | **BROKER NON-VOTES** |
| 263,714,018 | 4,303 | 16,761 | 5,123,689 |

---

------

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| Exhibit No. | Description |
| <u>[3.1](ex31-certificateofamendmen.htm)</u> | <u>[Certificate of Amendment to the Certificate of Incorporation](ex31-certificateofamendmen.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | | **STEPSTONE GROUP INC.** |
| Date: September 11, 2025 | By: | /s/ Jennifer Y. Ishiguro |
|  |  | Jennifer Y. Ishiguro |
|  |  | Chief Legal Officer & Secretary |

---

## Exhibit 3.1

**EXHIBIT 3.1**

**CERTIFICATE OF AMENDMENT<br>OF<br>AMENDED AND RESTATED CERTIFICATE OF INCORPORATION<br>OF<br>STEPSTONE GROUP INC.** 

STEPSTONE GROUP INC., a Delaware corporation (the "Corporation"), does hereby certify:

FIRST: That the Amended and Restated Certificate of Incorporation of the Corporation (the "Certificate") is hereby amended by deleting Article XI thereof in its entirety and inserting the following in lieu thereof:

"**ARTICLE XI<br>LIABILITY OF DIRECTORS AND OFFICERS**

Section 11.1 <u>No Personal Liability</u>. To the fullest extent permitted by the DGCL as the same exists or as may hereafter be amended, no director or officer of the Corporation shall be personally liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director or officer, as applicable.

Section 11.2&nbsp;&nbsp;&nbsp;&nbsp;<u>Amendment or Repeal</u>. Any amendment, alteration or repeal of this Article XI that adversely affects any right of a director or officer, as applicable, shall be prospective only and shall not limit or eliminate any such right with respect to any proceeding involving any occurrence or alleged occurrence of any action or omission to act that took place prior to such amendment, alteration or repeal."

SECOND: That the foregoing amendment to the Certificate was duly adopted in accordance with the provisions of Section 242 of the Delaware General Corporation Law.

[*Signature Page Follows*]

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IN WITNESS WHEREOF, the Corporation has caused this Certificate of Amendment to be executed by a duly authorized officer on the date set forth below.

STEPSTONE GROUP INC.

By: <u>/s/ Jennifer Y. Ishiguro</u> 

Name: Jennifer Y. Ishiguro

Title: Chief Legal Officer & Secretary

Dated: September 10, 2025

<br>