ARG PRIVATE EQUITY, LLC sold 92.0% of their position (1.44M shares) of STEPSTONE GROUP INC. on the open market
Open‑market sale worth $40.78M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 3/25/2021ACC: 0001453622-21-000003
10% Owner
Since Sep 2020
-2.88M
Net shares
Net seller
$40.78M
Total sold
1
Open market trades
0B · 1S
4
Total transactions
1.44M acquired · 4.32M disposed
Non-Derivative Transactions3
Class B Common Stock
Direct
Shares
−1.44M
Price / share
$0.00
Trade value
$1.44K
% of position
22.4%
3/23/2021
6.43M→4.99M
Class A Common Stock
Direct
Shares
+1.44M
Price / share
—
Trade value
—
% of position
1151.9%
3/23/2021
125K→1.56M
Class A Common Stock
Direct
Shares
−1.44M
Price / share
$28.32
Trade value
$40.78M
% of position
92.0%
3/23/2021
1.56M→125K
Total
Net shares
−1.44M
Net value
-$40.78M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock Direct | 3/23/2021 | D · Disposition | −1.44M | $0.00 | $1.44K | 22.4% | 6.43M | 4.99M |
| Class A Common Stock Direct | 3/23/2021 | C · Conversion | +1.44M | — | — | 1151.9% | 125K | 1.56M |
| Class A Common Stock Direct | 3/23/2021 | S · Sale | −1.44M | $28.32 | $40.78M | 92.0% | 1.56M | 125K |
| Total | −1.44M | -$40.78M | ||||||
Derivative Transactions1
Class B Units
Direct
Converts to
Class A Common Stock
1.44M shares
Shares
−1.44M
Strike price
Held after
4.99M
Exercisable
—
3/23/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Units Direct | Class A Common Stock1.44M shares | 3/23/2021 | C · Conversion | −1.44M | — | 4.99M |