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Shutterstock (SSTK) director boosts stake with RSU exercise and 11,239-unit grant

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

Rhea-AI Filing Summary

Shutterstock, Inc. director Thomas R. Evans reported compensation-related equity activity involving common stock and restricted stock units (RSUs). On June 10, 2026, he exercised RSUs to acquire 9,700 shares of common stock at $13.70 per share, bringing his direct common stock holdings to 39,109 shares. The filing also shows a new RSU award of 11,239 units, each representing a contingent right to one common share, which vests in full on the earlier of June 10, 2027 or the date immediately preceding the 2027 Annual Meeting of Shareholders, subject to his continued service.

Positive

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Negative

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Insider Evans Thomas R
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 — 39,109 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.
RSU shares exercised 9,700 shares Common stock acquired via RSU exercise on June 10, 2026
Exercise price per share $13.70/share Value used for 9,700-share RSU settlement
Shares held after transaction 39,109 shares Direct Shutterstock common stock holdings after exercise
New RSU grant 11,239 units RSUs granted June 10, 2026, each for one common share
RSU exercise count 1 exercise Derivative exercise transactions in the Form 4
Total acquire-type transactions 3 transactions All recorded as acquisition events in transactionSummary
Restricted Stock Unit financial
"The filing also shows a new RSU award of 11,239 units"
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.
contingent right financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Annual Meeting of Shareholders regulatory
"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*
Evans Thomas R
(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$13.739,109D
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 SSTK director Thomas R. Evans report?

Thomas R. Evans reported exercising RSUs to acquire 9,700 Shutterstock shares and receiving a new grant of 11,239 RSUs. These transactions are compensation-related, increasing his equity exposure through both direct common stock and additional unvested RSUs.

How many Shutterstock (SSTK) shares does Thomas R. Evans now hold directly?

After the reported transactions, Thomas R. Evans directly holds 39,109 shares of Shutterstock common stock. This reflects the addition of 9,700 shares acquired through RSU vesting and settlement on June 10, 2026, as disclosed in the Form 4 filing.

What are the terms of the new RSU grant reported for SSTK director Evans?

Evans received 11,239 restricted stock units, each linked to one Shutterstock common share. The award vests in full on the earlier of June 10, 2027, or the date immediately preceding the 2027 Annual Meeting of Shareholders, assuming his continued service.

What was the effective price for the RSU exercise in the SSTK Form 4?

The RSU exercise for 9,700 Shutterstock shares used a transaction price of $13.70 per share. This reflects the value applied in the Form 4 for converting vested restricted stock units into common stock on June 10, 2026.

Does the SSTK Form 4 show any stock sales by Thomas R. Evans?

The Form 4 does not report any open-market sales. It shows RSU exercises that increased Evans’s common stock holdings and a new RSU grant, both categorized as acquisition-type transactions rather than dispositions of Shutterstock shares.