StepStone Group Inc. amended its Certificate of Incorporation to limit officer liability under Delaware law. This governance change is a standard corporate practice aimed at providing protection to the company's officers.
The amendment aligns with provisions permitted under Delaware law, which allows corporations to shield officers from certain liabilities. This action can influence the company's ability to attract and retain executive talent by mitigating personal risk for its leadership.
This structural adjustment coincides with the company's reported revenue increase to $364 million for its first fiscal quarter of 2026 and a declared cash dividend of $0.28 per share. Such governance changes are material as they affect the legal framework governing the company's leadership.
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