Shutterstock interim CFO reports 2,215 shares held
The equity awards have different vesting paths, including performance tests, annual installments and continued-employment conditions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Shutterstock, Inc. reports direct holdings for Interim CFO Scott Gregg Grossman on November 2, 2026: 2,215 common shares and five restricted stock unit positions tied to 784 performance-based and 9,118, 11,074, 3,164 and 784 other underlying common shares. The performance-based award has a target amount of 2,351 shares and vests in three equal annual installments beginning April 1, 2025, subject to performance thresholds and Compensation Committee confirmation. Other awards have installment or continued-employment vesting conditions.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Grossman Scott Gregg
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Performance-based Restricted Stock Unit F2, F1 | -- | -- | -- |
| Holding | Restricted Stock Unit F4, F3 | -- | -- | -- |
| Holding | Restricted Stock Unit F4, F5 | -- | -- | -- |
| Holding | Restricted Stock Unit F4, F6 | -- | -- | -- |
| Holding | Restricted Stock Unit F4, F7 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Performance-based Restricted Stock Unit — 784 units (Direct);
Restricted Stock Unit — 24,140 units (Direct);
Common Stock — 2,215 shares (Direct)
Footnotes (7)
- F1. Performance-based Restricted Stock Unit ("PSU") award with a target amount of 2,351 shares of the Issuer's common stock granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EDITDA margin and revenue growth performance thresholds for each annual performance period. Such PSU is subject to confirmation of achievement of performance by the Issuer's Compensation Committee of the Board of Directors.
- F2. Each PSU represents a contingent right to receive one share of the Issuer's common stock.
- F3. Restricted Stock Unit ("RSU") award granted on April 1, 2026 that vests in full on April 1, 2027, subject to the Reporting Person's continued employment on such vesting date.
- F4. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F5. RSU award in the amount of 16,611 shares of the Issuer's common stock granted on April 1, 2025 that vests in three equal annual installments beginning April 1, 2026, subject to the Reporting Person's continued employment on such vesting date.
- F6. RSU award in the amount of 4,746 shares of the Issuer's common stock granted on April 1, 2025 that vests in three equal annual installments beginning April 1, 2026, subject to the Reporting Person's continued employment on such vesting date.
- F7. RSU award in the amount of 2,351 shares of the Issuer's common stock granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, subject to the Reporting Person's continued employment on such vesting date.
Key Figures
Common shares held directly: 2,215 shares
Performance-based RSUs: 784 underlying common shares
RSUs: 9,118 underlying common shares
+4 more
7 metrics
Common shares held directly
2,215 shares
Reported November 2, 2026
Performance-based RSUs
784 underlying common shares
Reported November 2, 2026
RSUs
9,118 underlying common shares
Reported November 2, 2026
RSUs
11,074 underlying common shares
Reported November 2, 2026
RSUs
3,164 underlying common shares
Reported November 2, 2026
RSUs
784 underlying common shares
Reported November 2, 2026
Performance-based award target
2,351 shares
Award granted April 1, 2024
Key Terms
Performance-based Restricted Stock Unit, Restricted Stock Unit, three equal annual installments, adjusted EDITDA margin
4 terms
Performance-based Restricted Stock Unit financial
"Performance-based Restricted Stock Unit ("PSU") award"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
Restricted Stock Unit financial
"Restricted Stock Unit ("RSU") award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
three equal annual installments financial
"vests in three equal annual installments"
adjusted EDITDA margin financial
"adjusted EDITDA margin and revenue growth performance thresholds"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the vesting conditions for Scott Gregg Grossman's SSTK equity awards?
The performance-based award has a target amount of 2,351 shares, was granted April 1, 2024, and vests in three equal annual installments beginning April 1, 2025, subject to adjusted EDITDA margin and revenue-growth thresholds and Compensation Committee confirmation. Awards granted April 1, 2025 vest in installments beginning April 1, 2026, subject to continued employment; the award granted April 1, 2026 vests in full April 1, 2027, also subject to continued employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
