Shutterstock (SSTK) CFO reports 3,635 RSUs vested; 1,465 withheld
Shutterstock (SSTK) reported an insider transaction by its Chief Financial Officer.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,635 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,635 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,465 | $25.03 | $37K |
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 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Shutterstock (SSTK) disclose in this Form 4?
What is the vesting schedule of the RSU award noted?
What do the Form 4 transaction codes mean here?
Who is the reporting person and their role at Shutterstock?
How many RSUs underlie the converted security and what remains?
AI-generated analysis. How Rhea-AI works. Not financial advice.