Jason P Ment sells 56,508 shares of STEP for $3.4M across 4 transactions; reduces stake by 62.3% to 34,155 shares.
Ment Jason P executed 4 separate sales totaling 56,508 shares for $3,430,073.30 at blended average price $60.70, reducing his holdings from 90,663 shares to 34,155 shares (a 62.3% reduction). The transactions occurred over two trading days (May 23–28, 2025) at prices ranging from $60.00 to $62.02, a span that sits near the current price of $60.26 and below the 52-week high of $69.32. StepStone Group reported -13.1% drawdown from its 52-week high, yet delivered strong 65.1% annual revenue growth despite posting a net loss of $192,015,000.00 on revenue of $339,023,000.00 in the most recent quarter. The magnitude of this disposition—eliminating nearly two-thirds of a major insider's stake in a growth-stage company—warrants scrutiny given the company's unprofitable status and the insider's sparse historical trading record (only 1 prior open-market buy across all tickers).