{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-132146","form_type":"8-K","ticker":"STEP","cik":"0001796022","company_name":"StepStone Group Inc.","filed_at":"2025-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.751791+00:00","generated_at":"2026-05-20T04:37:38.795493+00:00","sec_items":["3.02","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"StepStone closes 2025 Exchange, acquires ~5% each in SRE/SRA/SPD for $11M cash and 756K shares","bullets":["Completed second exchange under Feb 2024 transaction agreements for equity in three asset class entities.","Consideration: $11M cash, 756,105 Class A shares, and 2,438,403 Class D Units; all unregistered.","Ownership increased to ~60% of SRE and SRA, and ~61% of SPD after the exchange.","Class A shares issued to SPD seller subject to transfer restrictions; Class D Units exchangeable for Class A."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-132146","json":"https://secwatch.observer/filing/0001193125-25-132146.json","markdown":"https://secwatch.observer/filing/0001193125-25-132146.md","text":"https://secwatch.observer/filing/0001193125-25-132146.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1796022/000119312525132146/0001193125-25-132146-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1796022/000119312525132146/d934252d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T04:37:38.795493+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}