Shutterstock (NYSE: SSTK) director exercises 9,700 RSUs and gets new grant

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Shutterstock, Inc. director Rachna Bhasin exercised equity awards and received new stock units. On June 10, 2026, she exercised 9,700 Restricted Stock Units (RSUs) into 9,700 shares of common stock at a reported transaction price of $13.70 per share, with no shares sold. Following the exercise, she directly holds 32,421 shares of common stock. She also received a new grant of 11,239 RSUs, each representing a contingent right to one share of common stock, which is scheduled to vest in full based on continued board service.

Insider Trade Summary

9,700 shares exercised/converted

Mixed 3 txns

Insider Bhasin Rachna

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 — 32,421 shares (Direct, null)

Footnotes (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.

Key Figures

RSUs exercised: 9,700 shares Exercise transaction price: $13.70 per share Shares held after transaction: 32,421 shares +2 more

5 metrics

RSUs exercised 9,700 shares RSUs converted to common stock on June 10, 2026

Exercise transaction price $13.70 per share Reported price for 9,700 common shares received

Shares held after transaction 32,421 shares Common stock directly owned after June 10, 2026 exercise

New RSU grant 11,239 RSUs Award granted June 10, 2026, each for one common share

Exercised derivative RSUs 9,700 RSUs Previously granted RSUs that vested and were exercised

Key Terms

Restricted Stock Unit, Exercise or conversion of derivative security, contingent right to receive one share, Grant, award, or other acquisition

4 terms

Restricted Stock Unit financial

"The filing reports transactions in "Restricted Stock Unit" awards tied to common stock."

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.

Exercise or conversion of derivative security financial

"One transaction is coded as an "Exercise or conversion of derivative security"."

Grant, award, or other acquisition financial

"The new RSU award is described as a "Grant, award, or other acquisition"."

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:20 PM

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^*

Bhasin Rachna

(Last)

(First)

(Middle)

C/O SHUTTERSTOCK, INC.

350 FIFTH AVENUE, 20TH FLOOR

(Street)

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)

X	Director	10% 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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		M		9,700	A	$13.7	32,421	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	06/10/2026		M			9,700	06/10/2026	⁽²⁾	Common Stock	9,700	$0	0	D
Restricted Stock Unit	⁽¹⁾	06/10/2026		A		11,239		⁽³⁾	⁽³⁾	Common Stock	11,239	$0	11,239	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 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-Fact	06/12/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Shutterstock (SSTK) director Rachna Bhasin report?

Director Rachna Bhasin reported exercising 9,700 Restricted Stock Units into 9,700 shares of Shutterstock common stock and receiving a new grant of 11,239 RSUs. These transactions are compensation-related equity movements, with no open-market share sales disclosed in this filing.

How many Shutterstock (SSTK) shares does Rachna Bhasin hold after the Form 4 transactions?

After the reported transactions, Rachna Bhasin directly holds 32,421 shares of Shutterstock common stock. In addition, she was granted 11,239 Restricted Stock Units, each representing a contingent right to receive one additional share of Shutterstock common stock upon vesting.

What RSU grants are disclosed for Shutterstock (SSTK) director Rachna Bhasin?

The filing shows a prior RSU award of 9,700 units granted June 10, 2025, which fully vested by June 10, 2026, and a new 11,239-unit RSU award granted June 10, 2026. Each RSU represents a contingent right to receive one share of Shutterstock common stock.

Did Shutterstock (SSTK) director Rachna Bhasin sell any shares in this Form 4?

The Form 4 does not report any open-market share sales. It shows an exercise of 9,700 Restricted Stock Units into common stock and a new grant of 11,239 RSUs, both classified as acquisition-type transactions rather than disposals or sales.

At what price were the Shutterstock (SSTK) shares from the RSU exercise recorded?

The Form 4 records the 9,700 common shares received from the RSU exercise at a transaction price of $13.70 per share. This price is reported as the transaction value per share for the non-derivative common stock entry in the filing’s transaction table.