Shutterstock CFO exercises RSUs, covers taxes in shares

Shutterstock, Inc.’s Chief Financial Officer Rikki Powell exercised 47,460 Restricted Stock Units into common stock on April 2, 2026, converting a compensation award into shares.

Rhea-AI Filing Summary

Shutterstock, Inc.’s Chief Financial Officer Rikki Powell exercised 47,460 Restricted Stock Units into common stock on April 2, 2026, converting a compensation award into shares. To cover tax obligations, 20,118 of these shares were delivered back at a price of $16.51 per share, a non‑market tax-withholding disposition rather than an open-market sale.

After these transactions, Powell directly owned 30,844 shares of Shutterstock common stock. On April 1, 2026, she also received a new grant of 60,790 Restricted Stock Units, each representing one future share of common stock, scheduled to vest on April 1, 2027, subject to continued employment. A prior RSU award granted on April 1, 2025 vests in three equal annual installments beginning April 1, 2026.

Insider Trade Summary

47,460 shares exercised/converted

Exercise 4 txns

Insider Powell Rikki

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	47,460	$0.00	$0.00
Exercise	Common Stock	47,460	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	20,118	$16.51	$332K
Grant/Award	Restricted Stock Unit	60,790	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 155,712 contracts (Direct); Common Stock — 30,844 shares (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. F2. RSU award granted on April 1, 2026 that vests April 1, 2027, subject to the Reporting Person's continued employment on such vesting date.
3. F3. RSU award 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.

Key Figures

RSUs exercised: 47,460 shares Tax-withholding shares: 20,118 shares Share price for withholding: $16.51 per share +2 more

5 metrics

RSUs exercised 47,460 shares Restricted Stock Units converted to common stock on April 2, 2026

Tax-withholding shares 20,118 shares Shares delivered at $16.51 each to cover tax obligations

Share price for withholding $16.51 per share Value used for tax-withholding disposition on April 2, 2026

Shares owned after transactions 30,844 shares Direct common stock holdings after April 2, 2026 transactions

New RSU grant 60,790 RSUs Award granted April 1, 2026, vesting April 1, 2027

Key Terms

Restricted Stock Unit, tax-withholding disposition, grant, award, or other acquisition

3 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"

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.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

grant, award, or other acquisition financial

"RSU award granted on April 1, 2026 that vests April 1, 2027"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity transactions did Shutterstock (SSTK) CFO Rikki Powell report?

Shutterstock CFO Rikki Powell exercised 47,460 Restricted Stock Units into common shares and had 20,118 shares withheld for taxes. She also received a new grant of 60,790 RSUs that can convert into common stock if she remains employed through April 1, 2027.

How many Shutterstock (SSTK) shares does the CFO hold after these transactions?

After the reported transactions, CFO Rikki Powell directly owns 30,844 shares of Shutterstock common stock. This reflects her net position following the RSU exercise of 47,460 shares and the tax-withholding disposition of 20,118 shares delivered back to the issuer at $16.51 per share.

What are the details of the new RSU grant to Shutterstock (SSTK) CFO?

On April 1, 2026, Shutterstock granted CFO Rikki Powell 60,790 Restricted Stock Units. Each RSU represents a contingent right to receive one share of common stock, vesting on April 1, 2027, provided she remains employed with the company through that vesting date.

How was tax handled on Shutterstock (SSTK) CFO’s RSU exercise?

When CFO Rikki Powell exercised 47,460 RSUs into common shares, 20,118 shares were delivered back at $16.51 per share to satisfy tax obligations. This F-code transaction is a tax-withholding disposition and not an open-market sale of shares on a stock exchange.

What does the Form 4 reveal about Shutterstock (SSTK) CFO’s compensation structure?

The Form 4 shows that a significant portion of CFO Rikki Powell’s compensation is in Restricted Stock Units. She exercised 47,460 RSUs, had 20,118 shares withheld for taxes, and received a new award of 60,790 RSUs that vests in 2027, highlighting equity-based incentive pay.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/03/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Powell Rikki

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/02/2026		M		47,460	A	$0	50,962	D
Common Stock	04/02/2026		F		20,118	D	$16.51	30,844	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	04/01/2026		A		60,790		04/01/2027	(2)	Common Stock	60,790	$0	60,790	D
Restricted Stock Unit	(1)	04/02/2026		M			47,460	04/01/2026	(3)	Common Stock	47,460	$0	94,922	D

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 April 1, 2026 that vests April 1, 2027, subject to the Reporting Person's continued employment on such vesting date.

3. RSU award 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.

	/s/ John Lapham, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
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)