Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-07-21

StepStone Group Inc. (STEP)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,091,776
Scott Hart total, FY2026
CEO pay percentile vs peers
36:1
CEO-to-median pay ratio
96.71%
Say-on-pay support, latest vote
Companies that benchmark against STEP
2 companies name STEP as a compensation peer

Each company listed discloses STEP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named STEP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott Hart$500,000$1,031,135$1,249,985$0$0$0$3,310,656$6,091,776
Chief Executive Officer and Director
Jason Ment500,000826,713700,0220002,349,0024,375,737
President and Co-Chief Operating Officer
Jose Fernandez500,000395,370322,4840002,891,3174,109,171
Co-Chief Operating Officer and Director
David Park500,000578,0111,442,51900024,2462,544,776
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
Scott Hart$6,091,776$4,705,412$2,720,523+1,386,364
Jason Ment4,375,7373,746,7572,440,220+628,980
Jose Fernandez4,109,1713,926,7632,080,437+182,408
David Park2,544,7761,270,6101,274,396+1,274,166

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
David ParkRSU2026-03-1322,178$1,000,006
Scott HartRSU2026-03-1327,7221,249,985
David ParkRSU2026-03-139,814442,513
Jason MentRSU2026-03-1315,525700,022
Jose FernandezRSU2026-03-137,152322,484
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
David Park$1,442,519$0$00.0%
Scott Hart1,249,985000.0%
Jason Ment700,022000.0%
Jose Fernandez322,484000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Scott HartRSU7,988$381,187
Scott HartRSU6,288300,063
Jason MentRSU15,525740,853
David ParkRSU9,814468,324
Jose FernandezRSU7,152341,293
David ParkRSU22,1781,058,334
Jason MentRSU6,851326,930
Jose FernandezRSU3,605172,031
Scott HartRSU27,7221,322,894
David ParkRSU3,727177,852
Jason MentRSU5,394257,402
Scott HartRSU5,177247,046
David ParkRSU4,142197,656
Jose FernandezRSU4,579218,510
Jason MentRSU3,451164,682
David ParkRSU1,94192,625
05

Incentive-plan design — the Compensation Discussion & Analysis

Executive compensation at StepStone is aligned with both Company and individual performance. The foundation of our executive compensation is in our performance-based compensation culture, which extends far beyond our executive team. To ensure that all levels of our compensation program remain performance-based, we rely heavily on equity ownership and carried interest awards, creating direct links between the compensation realized by our NEOs and the interests of our stockholders and our clients.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantJohnson Associates
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-09-09255,051,7248,663,53419,82496.71%Passed
20242024-09-10289,861,9492,453,03261,16599.14%Passed
20232023-09-13288,886,8231,243,83829,52199.56%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-09-0996.71%a
20242024-09-1099.14%b
20232023-09-1399.56%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "Against" on the outcome of Proposal 2.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "Against" on the outcome of Proposal 2.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "Against" on the outcome of Proposal 2.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)36 : 1
CEO total compensation$6,091,776
Median employee compensation$170,000
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas KeckIndependent$0$322,484$3,881,841$4,204,325
Monte M. BremIndependent02,886,2972,886,297
David F. HoffmeisterIndependent0224,966224,966
Anne L. RaymondIndependent0199,977199,977
Valerie G. BrownIndependent0199,977199,977
09

Board fee structure and ownership guideline

Annual cash retainer$87,500
Annual equity retainer$87,500
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$0
Equity awards (grant-date value)$947,404
All other compensation$6,768,138
Total cost of the board$7,715,542

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1StepStone Group Inc.2026Scott Hart$500,000$1,249,985$0$0$6,091,776

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Scott HartDEF 14A2026-07-210001193125-26-310296Section “Summary Compensation Table”. As printed: 6,091,776. Filing ↗machine: span 223717–223726
2Section 01, Jason MentDEF 14A2026-07-210001193125-26-310296Section “Summary Compensation Table”. As printed: 4,375,737. Filing ↗machine: span 235110–235119
3Section 01, Jose FernandezDEF 14A2026-07-210001193125-26-310296Section “Summary Compensation Table”. As printed: 4,109,171. Filing ↗machine: span 240972–240981
4Section 01, David ParkDEF 14A2026-07-210001193125-26-310296Section “Summary Compensation Table”. As printed: 2,544,776. Filing ↗machine: span 229410–229419
5Section 03, David Park RSUDEF 14A2026-07-210001193125-26-310296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t47 · r5 · c15 · span 269611–269620
6Section 03, Scott Hart RSUDEF 14A2026-07-210001193125-26-310296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t47 · r3 · c15 · span 267291–267300
7Section 03, David Park RSUDEF 14A2026-07-210001193125-26-310296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t47 · r6 · c15 · span 271014–271021
8Section 03, Jason Ment RSUDEF 14A2026-07-210001193125-26-310296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t47 · r8 · c15 · span 273332–273339
9Section 03, Jose Fernandez RSUDEF 14A2026-07-210001193125-26-310296Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t47 · r10 · c15 · span 275653–275660
10Section 07, pay ratioDEF 14A2026-07-210001193125-26-310296Section “CEO Pay Ratio”. As printed: 36 : 1. Filing ↗
11Section 08, Thomas KeckDEF 14A2026-07-210001193125-26-310296Section “Director Compensation”. As printed: 4,204,325. Filing ↗machine: t23 · r5 · c15 · span 152849–152858
12Section 08, Monte M. BremDEF 14A2026-07-210001193125-26-310296Section “Director Compensation”. As printed: 2,886,297. Filing ↗machine: t23 · r2 · c11 · span 148264–148273
13Section 08, David F. HoffmeisterDEF 14A2026-07-210001193125-26-310296Section “Director Compensation”. As printed: 224,966. Filing ↗machine: t23 · r4 · c7 · span 150825–150832
14Section 08, Anne L. RaymondDEF 14A2026-07-210001193125-26-310296Section “Director Compensation”. As printed: 199,977. Filing ↗machine: t23 · r7 · c7 · span 155104–155111
15Section 08, Valerie G. BrownDEF 14A2026-07-210001193125-26-310296Section “Director Compensation”. As printed: 199,977. Filing ↗machine: t23 · r3 · c7 · span 149399–149406
16Section 06, 2025 voteForm 8-K2025-09-110001796022-25-000068Item 5.07 · say-on-pay result. As reported: 96.71% (votes for as printed: 255,051,724). Filing ↗
17Section 06, 2024 voteForm 8-K2024-09-130001796022-24-000075Item 5.07 · say-on-pay result. As reported: 99.14% (votes for as printed: 289,861,949). Filing ↗
18Section 06, 2023 voteForm 8-K2023-09-140001796022-23-000059Item 5.07 · say-on-pay result. As reported: 99.56% (votes for as printed: 288,886,823). Filing ↗
19Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
20Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
21Section 09b board cost (computed)ComputedcomputedCash 0 + equity 947,404 + all other 6,768,138 = 7,715,542, summed across the director compensation table rows.machine: formula: Σ = 7,715,542
22StepStone Group Inc. (subject), Section 10b CEO totalDEF 14A2026-07-210001193125-26-310296CEO total compensation as printed in StepStone Group Inc.'s own proxy. As printed: 6,091,776. Filing ↗machine: span 223717–223726