SSTK CFO converts RSUs; 1,465 shares at $25.03 for taxes

Rhea-AI Filing Summary

Shutterstock (SSTK) reported an insider transaction by its Chief Financial Officer. On 11/03/2025, the officer converted restricted stock units to common stock (Code M), acquiring 3,635 shares at $0. To cover taxes, 1,465 shares were disposed of at $25.03 (Code F). Following these transactions, direct ownership stands at 3,502 common shares.

Per the footnotes, each RSU equals one share. The RSU award was granted on November 1, 2024 and vests in three equal annual installments beginning November 1, 2025, subject to continued employment.

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

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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 NY 10118

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/03/2025		M		3,635	A	$0	4,967	D
Common Stock	11/03/2025		F		1,465	D	$25.03	3,502	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)	11/03/2025		M			3,635	(2)	(2)	Common Stock	3,635	$0	7,271	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 November 1, 2024 that vests in three equal annual installments beginning November 1, 2025, subject to the Reporting Person's continued employment on such vesting date.

	/s/ John Lapham, Attorney-in-Fact	11/05/2025
	** 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.

FAQ

What did Shutterstock (SSTK) disclose in this Form 4?

The CFO reported converting RSUs into 3,635 common shares at $0 (Code M) and disposing of 1,465 shares at $25.03 to cover taxes (Code F) on 11/03/2025.

How many SSTK shares does the officer own after the transactions?

Direct beneficial ownership is 3,502 common shares following the reported transactions.

What is the vesting schedule of the RSU award noted?

The RSU award granted on November 1, 2024 vests in three equal annual installments beginning November 1, 2025, subject to continued employment.

What do the Form 4 transaction codes mean here?

Code M indicates conversion of derivative securities (RSUs) into shares; Code F indicates tax withholding by share disposition.

What price was used for the tax-related share disposition?

The tax-related disposition occurred at $25.03 per share.

Who is the reporting person and their role at Shutterstock?

The reporting person is the company’s Chief Financial Officer.

How many RSUs underlie the converted security and what remains?

The derivative line shows 3,635 RSUs converted; 7,271 derivative securities remain beneficially owned.