Shutterstock CFO Powell exercises RSUs, holds 31,842 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.
Rhea-AI Filing Summary
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.
Positive
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Negative
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Insider Trade Summary
2,231 shares exercised/converted
Exercise
3 txns
Insider
Powell Rikki
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,231 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,231 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,233 | $9.90 | $12K |
Holdings After Transaction:
Restricted Stock Unit — 4,462 contracts (Direct);
Common Stock — 31,842 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. RSU award granted on July 1, 2024 that vests over four years as follows: 25% on each of July 1, 2025 and July 1, 2026; then 6.25% on each of October 1, 2026, January 1, 2027, April 1, 2027, July 1, 2027, October 1, 2027, January 1, 2028, April 1, 2028 and July 1, 2028, subject to the Reporting Person's continued employment on such vesting date.
Key Figures
RSUs converted: 2,231 RSUs
Shares acquired from RSUs: 2,231 shares
Shares withheld for taxes: 1,233 shares
+1 more
4 metrics
RSUs converted
2,231 RSUs
Restricted Stock Units converted into common stock on July 2, 2026
Shares acquired from RSUs
2,231 shares
Common stock acquired upon RSU conversion at $0.0000 per share
Shares withheld for taxes
1,233 shares
Common stock disposed of for tax withholding at $9.90 per share
Post-transaction holdings
31,842 shares
Direct common stock ownership by Rikki Powell after the reported transactions
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security
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
"Common Stock transaction coded "F" with transaction_action "tax-withholding disposition""
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.
derivative security financial
"Transaction code "M" described as "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Shutterstock (SSTK) CFO Rikki Powell report in this Form 4 filing?
Shutterstock CFO Rikki Powell reported the vesting and conversion of 2,231 RSUs into common stock, with 1,233 shares withheld to cover taxes at $9.90 per share, resulting in direct ownership of 31,842 shares of Shutterstock common stock.
How many Shutterstock (SSTK) Restricted Stock Units did Rikki Powell vest or convert?
Rikki Powell had 2,231 Restricted Stock Units convert into an equal number of Shutterstock common shares. Each RSU represents a contingent right to receive one share of common stock under an award granted on July 1, 2024 with a four-year vesting schedule.
What is Rikki Powell’s current Shutterstock (SSTK) common stock ownership after these transactions?
After the reported RSU conversion and tax withholding, Rikki Powell directly owns 31,842 shares of Shutterstock common stock. This figure reflects Powell’s direct post-transaction holdings as reported in connection with the July 2, 2026 transactions.
Were Rikki Powell’s Shutterstock (SSTK) insider transactions made under a Rule 10b5-1 trading plan?
These transactions were not reported as being made under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox is not marked as affirming that the transactions occurred pursuant to a pre-arranged trading plan.
What is the vesting schedule of Rikki Powell’s Shutterstock (SSTK) RSU award referenced in the filing?
The referenced RSU award was granted on July 1, 2024 and vests over four years: 25% on July 1, 2025 and July 1, 2026, then 6.25% on each quarter-end date from October 1, 2026 through July 1, 2028, subject to continued employment on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
