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[Form 4] Shutterstock, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shutterstock, Inc. director Jaime Teevan reported routine equity compensation changes. Teevan exercised 9,700 previously granted Restricted Stock Units into 9,700 shares of common stock at $13.70 per share. A new grant of 11,239 RSUs was received, each representing one future share, vesting in full on the earlier of June 10, 2027 or the date immediately preceding the 2027 Annual Meeting of Shareholders, subject to continued service. Following these transactions, Teevan directly holds 13,868 shares of common stock and 11,239 RSUs.

Positive

  • None.

Negative

  • None.
Insider Teevan Jaime
Role null
Type Security Shares Price Value
Exercise Restricted Stock Unit 9,700 $0.00 --
Grant/Award Restricted Stock Unit 11,239 $0.00 --
Exercise Common Stock 9,700 $13.70 $133K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 13,868 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. RSU award granted on June 10, 2025 that vested in full on the earlier of June 10, 2026, or the date immediately preceding the 2026 Annual Meeting of Shareholders, subject to the Reporting Person's continued service on such vesting date. RSU award granted on June 10, 2026 that vests in full on the earlier of June 10, 2027, or the date immediately preceding the 2027 Annual Meeting of Shareholders, subject to the Reporting Person's continued service on such vesting date.
Common shares acquired via RSU exercise 9,700 shares Exercised from vested RSUs on June 10, 2026
Exercise price per share $13.70/share Common stock acquired from RSUs
New RSU grant size 11,239 RSUs Grant on June 10, 2026 vesting by 2027 meeting
Common stock holdings after transactions 13,868 shares Direct ownership following June 10, 2026 activity
RSUs outstanding after transactions 11,239 RSUs Contingent right to receive common stock
Restricted Stock Unit financial
"The security title includes "Restricted Stock Unit" for two derivative transactions."
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.
RSU financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
Annual Meeting of Shareholders financial
"Vests in full on the earlier of June 10, 2027, or the date immediately preceding the 2027 Annual Meeting of Shareholders."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Teevan Jaime
(Last)(First)(Middle)
C/O SHUTTERSTOCK, INC.
350 FIFTH AVENUE, 20TH FLOOR
(Street)
NEW YORK NEW YORK 10118
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Shutterstock, Inc. [ SSTK ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026M9,700A$13.713,868D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)06/10/2026M9,70006/10/2026 (2)Common Stock9,700$00D
Restricted Stock Unit(1)06/10/2026A11,239 (3) (3)Common Stock11,239$011,239D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. RSU award granted on June 10, 2025 that vested in full on the earlier of June 10, 2026, or the date immediately preceding the 2026 Annual Meeting of Shareholders, subject to the Reporting Person's continued service on such vesting date.
3. RSU award granted on June 10, 2026 that vests in full on the earlier of June 10, 2027, or the date immediately preceding the 2027 Annual Meeting of Shareholders, subject to the Reporting Person's continued service on such vesting date.
/s/ John Lapham, Attorney-in-Fact06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Jaime Teevan report for Shutterstock (SSTK)?

Jaime Teevan reported exercising 9,700 Restricted Stock Units into 9,700 shares of Shutterstock common stock at $13.70 per share and receiving a new grant of 11,239 RSUs. These changes reflect routine equity compensation activity and increase reported common stock holdings.

How many Shutterstock (SSTK) shares does Jaime Teevan hold after this Form 4?

After the reported transactions, Jaime Teevan directly holds 13,868 shares of Shutterstock common stock. In addition, Teevan holds 11,239 Restricted Stock Units, each representing a contingent right to receive one share of common stock upon future vesting, subject to continued service conditions.

What are the terms of Jaime Teevan’s new RSU grant at Shutterstock (SSTK)?

Teevan received 11,239 Restricted Stock Units on June 10, 2026. Each RSU represents a contingent right to one share of Shutterstock common stock and vests in full on the earlier of June 10, 2027 or the date immediately preceding the 2027 Annual Meeting of Shareholders, subject to continued service.

What RSU award vesting led to Jaime Teevan’s share acquisition at Shutterstock (SSTK)?

The 9,700-share acquisition came from an RSU award granted on June 10, 2025 that vested in full on the earlier of June 10, 2026 or the date immediately preceding the 2026 Annual Meeting of Shareholders, subject to continued service. Vesting triggered the conversion into common stock.

Did Jaime Teevan buy or sell Shutterstock (SSTK) shares on the open market?

The Form 4 shows no open-market purchases or sales. Instead, Teevan exercised 9,700 Restricted Stock Units into common shares and received a new grant of 11,239 RSUs as equity compensation, with no reported open-market trading transactions in this filing.