Welcome to our dedicated page for Shutterstock SEC filings (Ticker: SSTK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Shutterstock, Inc. filings document the company’s public disclosures as an operating business in licensable digital content, creative services and GenAI solutions. Recent Form 8-K reports cover financial results, Regulation FD disclosures, cash dividend declarations, shareholder voting outcomes, material agreements, capital-structure matters and governance events.
The filing record also includes disclosures tied to the company’s Content and Data, Distribution and Services offerings, common stock matters, annual meeting votes, board elections, executive-compensation advisory votes, risk factors and other material events affecting Shutterstock’s reporting obligations and corporate structure.
Shutterstock, Inc. reported second-quarter 2026 revenue of $221.8 million, down 17% from a year earlier, with Content revenue of $165.7 million and Data, Distribution and Services revenue of $56.1 million. The company posted a net loss of $155.9 million (‑$4.25 per diluted share) versus net income of $29.4 million, largely due to a non‑cash $173.7 million goodwill impairment after the terminated merger, lower revenue, and charges related to investments, merger costs, legal contingencies and workforce optimization.
On a non‑GAAP basis, adjusted net income was $30.0 million or $0.82 per diluted share, and adjusted EBITDA was $65.1 million with a 29.3% margin, both below prior‑year levels. Cash and cash equivalents were $133.2 million, after a $35.0 million FTC settlement payment; adjusted free cash flow improved to $28.5 million. Subscribers fell to 951,000 and paid downloads to 98.7 million, while average revenue per customer rose to $292. Management highlighted over $70 million of annualized cost reductions already taken and is targeting an additional $60 million by year‑end, and it will not host the planned August 6 earnings call or issue guidance for the remainder of 2026 pending a strategic update.
Shutterstock, Inc. reported that Chief Accounting Officer Steven Ciardiello has decided to resign, effective August 28, 2026, following a transition period. The company states that his resignation is not due to any disagreement regarding operations, policies or practices, and it has begun a search for a successor.
The Board of Directors resolved at its July 20, 2026 meeting to suspend future quarterly cash dividends. The Board cites an ongoing review of capital-allocation priorities and a focus on deploying capital for long-term value, including reducing debt, minimizing interest expense and strengthening financial flexibility. Any future dividends will be at the Board’s discretion, based on operating results, financial condition, capital needs, contractual restrictions, law and other relevant factors.
Shutterstock, Inc. reported that Paul J. Hennessy has stepped down as Chief Executive Officer and as a member of the Board, effective immediately, with the company stating his departure is not due to any disagreement over operations, policies, or practices. He will remain in a non-executive advisory role through August 7, 2026 to support the transition.
The Board appointed Rik Powell, currently Chief Financial Officer, as Interim Chief Executive Officer while he continues in the CFO role. For this interim assignment, he will receive $75,000 in additional cash compensation per month and a one-time grant of restricted stock units valued at $450,000, which will cliff vest six months after his appointment if he remains employed and is not terminated for cause or a voluntary leaver before that date.
The Board plans to begin a search for a permanent CEO and is planning to engage a strategic advisor to help define its go-forward strategy following termination of the merger agreement with Getty Images. The company highlighted these changes in a press release and noted its second quarter 2026 earnings call is scheduled for August 6, 2026 at 8:30 a.m. ET.
Shutterstock, Inc. disclosed that its previously announced merger with Getty Images Holdings, Inc. has been terminated. The companies had entered into a Merger Agreement on January 6, 2025. The U.K. Competition and Markets Authority required a sale of Shutterstock’s editorial business as a condition for clearance.
On June 30, 2026, Getty Images announced its board had unanimously resolved not to proceed with a sale of Shutterstock’s editorial business under CMA supervision and to terminate the Merger Agreement following the passage of the Second Extended End Date on July 6, 2026, absent any material change. The Merger Agreement was formally terminated on July 7, 2026.
BlackRock, Inc. amended a Schedule 13G/A to report beneficial ownership of 2,034,287 shares of Shutterstock, Inc. The filing states this position represents 5.5% of the company’s common stock as of 06/30/2026. The filing shows BlackRock has sole voting power for 1,992,014 shares and sole dispositive power for 2,034,287 shares.
Shutterstock, Inc. Chief Financial Officer Rikki Powell reported the vesting and conversion of 2,231 Restricted Stock Units into an equal number of shares of common stock on July 2, 2026, from an RSU award granted on July 1, 2024 that vests over four years. In connection with the vesting, 1,233 shares of common stock were disposed of to cover tax obligations at $9.90 per share. After these transactions, Powell directly owns 31,842 shares of Shutterstock common stock. These transactions are not reported as made under a Rule 10b5-1 trading plan.
Shutterstock, Inc. CEO Paul J. Hennessy reported routine equity compensation activity involving vested restricted stock units that converted into common shares and related tax withholding. On July 2, 2026, he exercised RSUs into a total of 216,725 shares of common stock and delivered 103,718 shares at an imputed price of $9.90 per share to cover tax obligations. Following the last reported transaction, he directly held 425,340 shares of Shutterstock common stock, indicating a substantial ongoing ownership position with no open‑market purchases or sales disclosed.
Shutterstock, Inc. said Getty Images' board resolved not to pursue the CMA‑supervised sale of Shutterstock's editorial business and to terminate the previously announced Merger Agreement following the passage of the Second Extended End Date on July 6, 2026. The Company said it remains a standalone business, highlighted its cash position, modest leverage and free cash flow generation, and will update its business and strategic plans as part of its second quarter earnings release.
Shutterstock, Inc. reports that Getty Images’ board has decided not to continue the U.K. Competition and Markets Authority–supervised process to sell Shutterstock’s editorial business, which had been required for regulatory clearance of their previously announced merger.
Getty Images also stated in its own disclosure that its board unanimously resolved to terminate the Agreement and Plan of Merger following the passage of the Second Extended End Date on July 6, 2026, assuming no material change in circumstances before July 7, 2026. Shutterstock’s CEO Paul Hennessy emphasized the company’s history as a standalone business, citing strong cash resources, modest leverage and robust free cash flow as support for continued investment in products, customers and employees. Shutterstock plans to share further details on its business and strategic plans in its second-quarter earnings release.
Shutterstock director Alfonse L. Upshaw reported equity compensation moves tied to restricted stock units. On June 10, 2026, he exercised 9,700 RSUs into 9,700 shares of common stock at an indicated $13.70 per share, leaving him with 12,481 common shares held directly.
He also received a new grant of 11,239 RSUs, each representing one future share of common stock. This award vests in full on the earlier of June 10, 2027 or the date immediately before the 2027 annual shareholder meeting, with settlement deferred until his board service ends or a change in control.