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Getty Images (NYSE: GETY) says UK CMA issues Phase 2 final report on merger

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
425

Rhea-AI Filing Summary

Getty Images announced that on May 15, 2026 the UK Competition and Markets Authority issued its final report in connection with its Phase 2 review of Getty Images’ previously announced merger with Shutterstock.

The filing references the earlier registration on March 31, 2025

Positive

  • None.

Negative

  • None.

Insights

UK competition review reached Phase 2 final report on the Getty–Shutterstock merger.

The CMA’s issuance of a final report in a Phase 2 review signals completion of that statutory phase of its investigation; the filing states this event occurred on May 15, 2026

Outcomes, remedies, or next steps are not specified in the excerpt; subsequent filings and the agencies’ published report will determine whether remedies, undertakings, or a divestiture were required.

Document ties the CMA action to the pending merger process and prior SEC materials.

The disclosure links the CMA final report to the ongoing merger with Shutterstock and reiterates the existing S-4 registration history (filed March 31, 2025, effective April 30, 2025

Contractual or closing conditions, and any impact on timing or consideration, are not described in the provided excerpt; further SEC or regulatory disclosures may provide the specifics.

CMA final report date May 15, 2026 Phase 2 review of merger
S-4 filing date March 31, 2025 Preliminary registration statement filed
S-4 effective date April 30, 2025 Registration statement declared effective
S-4 amendment date April 28, 2025 Pre-effective amendment on Form S-4/A
Commission File Number 001-41453 Getty Images SEC filing identifier
IRS Employer ID No. 87-3764229 Getty Images tax identifier
Phase 2 review regulatory
"the UK Competition and Markets Authority issued its final report in connection with its Phase 2 review"
A phase 2 review is the assessment of mid-stage clinical trial results that evaluates whether a medicine or treatment shows enough safety and benefit to move into larger, more expensive testing. Think of it like a mid-project progress report that investors watch closely because a positive review reduces risk, shortens timelines and can boost a company’s value, while a negative review can delay development and lower investor confidence.
information statement and proxy statement/prospectus regulatory
"preliminary registration statement on Form S-4 that includes an information statement of Getty Images and a proxy statement of Shutterstock"
pre-effective amendment regulatory
"The registration statement was amended in a pre-effective amendment on Form S-4/A on April 28, 2025"

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): May 15, 2026

 

Getty Images Holdings, Inc.

(Exact name of registrant as specified in charter)

 

Delaware   001-41453   87-3764229
(State or other jurisdiction
of incorporation)
 

(Commission File Number)

  (IRS Employer
Identification No.)

 

605 5th Ave S. Suite 400

Seattle, WA 98104

(Address of principal executive offices, including Zip Code)

 

Registrant’s telephone number, including area code: (206) 925-5000

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Title of Each Class

  Trading Symbol(s)   Name of Each Exchange on which Registered
Class A Common Stock   GETY   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01. Other Events.

 

On May 15, 2026, the UK Competition and Markets Authority (the “CMA”) issued its final report in connection with its Phase 2 review of Getty Images Holdings, Inc.’s (“Getty Images”) previously announced merger with Shutterstock Inc. (“Shutterstock”).

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
104   Cover Page Interactive Data File (formatted as Inline XBRL).

 

Cautionary Note Regarding Forward-Looking Statements

 

The statements in this document, and any related oral statements, include forward-looking statements concerning Getty Images, Shutterstock, the proposed transaction described herein and other matters. All statements, other than historical facts, are forward-looking statements. Forward-looking statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, financings or otherwise, based on current beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. Forward-looking statements speak only as of the date they are made or as of the dates indicated in the statements and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will be achieved or will occur or the timing thereof. Forward-looking statements can often, but not always, be identified by the use of forward-looking terminology including “believes,” “expects,” “may,” “will,” “should,” “could,” “might,” “seeks,” “intends,” “plans,” “pro forma,” “estimates,” “anticipates,” “designed,” or the negative of these words and phrases, other variations of these words and phrases or comparable terminology, but not all forward-looking statements include such identifying words. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary. The forward-looking statements in this document relate to, among other things, obtaining applicable regulatory approvals on a timely basis or otherwise. A more fulsome discussion of the risks related to the proposed transaction has been included in the information statement and proxy statement/prospectus. For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the section captioned “Risk Factors” in each of Getty Images’ and Shutterstock’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward looking statements. While the list of factors presented here is, and the list of factors presented in the information statement and proxy statement/prospectus is, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward looking statements. Neither Getty Images nor Shutterstock assumes, and each hereby disclaims, any obligation to update forward-looking statements, except as may be required by law.

 

Additional Information about the Merger and Where to Find It

 

In connection with the proposed transaction, on March 31, 2025, Getty Images filed with the Securities and Exchange Commission (the “SEC”) a preliminary registration statement on Form S-4 that includes an information statement of Getty Images and a proxy statement of Shutterstock and that also constitutes a prospectus with respect to shares of Getty Images’ common stock to be issued in the proposed transaction (the “information statement and proxy statement/prospectus”). The registration statement was amended in a pre-effective amendment on Form S-4/A on April 28, 2025. The registration statement, as amended, was declared effective on April 30, 2025, and Getty Images filed a final prospectus on April 30, 2025. Each of Getty Images and Shutterstock may also file with or furnish to the SEC other relevant documents regarding the proposed transaction. This communication is not a substitute for the information statement and proxy statement/prospectus or any other document that Getty Images or Shutterstock has filed or may file with or furnish to the SEC. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE INFORMATION STATEMENT AND PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS THAT ARE OR WILL BE FILED WITH OR FURNISHED TO THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the information statement and definitive proxy statement/prospectus and other documents containing important information about Getty Images, Shutterstock and the proposed transaction through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with or furnished to the SEC by Getty Images are available free of charge on Getty Images’ website at investors.gettyimages.com or by contacting Getty Images’ Investor Relations department by email at investorrelations@gettyimages.com. Copies of the documents filed with or furnished to the SEC by Shutterstock are available free of charge on Shutterstock’s website at investor. shutterstock.com or by contacting Shutterstock’s Investor Relations department by email at IR@Shutterstock.com.

 

1

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  GETTY IMAGES HOLDINGS, INC.
     
Date:  May 15, 2026 By: /s/ Kjelti Kellough
  Name:  Kjelti Kellough
  Title: Senior Vice President, General Counsel, and
Corporate Secretary

 

2

 

FAQ

What did Getty Images (GETY) disclose about the CMA action?

Getty Images disclosed that the UK CMA issued its final report in the Phase 2 review on May 15, 2026. The filing ties this report to the previously announced merger with Shutterstock and references related SEC filings.

Does the 8-K state any remedies or outcome required by the CMA?

No, the excerpt only states the CMA issued a final report in the Phase 2 review on May 15, 2026. The filing does not describe remedies, undertakings, or enforcement outcomes in the provided text.

What SEC registration documents are referenced in the filing?

The filing references Getty Images’ preliminary Form S-4 filed on March 31, 2025, a pre-effective amendment on April 28, 2025, and that the registration statement was declared effective on April 30, 2025

Where can investors find more information about the merger filings?

Investors may obtain free copies of the information statement and proxy statement/prospectus on the SEC website at www.sec.gov or on Getty Images’ investor site at investors.gettyimages.com as stated in the filing.

Does the 8-K say the merger is completed or terminated?

The 8-K discloses the CMA’s Phase 2 final report issuance but does not state whether the merger is completed, terminated, or modified. The filing refers readers to the information statement and prospectus for transaction details.