UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
August 19, 2024


Shutterstock, Inc.

(Exact name of registrant as specified in its charter)


Delaware
001-35669
80-0812659
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
350 Fifth Avenue, 20th Floor
New York, NY 10118
(Address of principal executive offices, including zip code)
 
(646) 710-3417
(Registrant’s telephone number, including area code)

Not applicable
(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
Class
Trading symbol
Name of each exchange on which registered
Common Stock, $0.01 par value per share
SSTK
New York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On August 19, 2024, Shutterstock, Inc. (the “Company”) notified John Caine that his employment as Chief Product and Digital Officer of the Company will end, effective August 23, 2024. Mr. Caine shall receive benefits in accordance with Section 7(a) of the Employment Agreement dated January 12, 2023 by and between the Company and Mr. Caine.
 
Effective August 26, 2024, Jonathan Oringer, in his role as Executive Chairman, will support the Company’s digital marketplace on an interim basis.

Item 7.01
Regulation FD Disclosure.
 
The Company reaffirms its 2024 Guidance as disclosed in its Press release entitled “Shutterstock Reports Second Quarter 2024 Financial Results” dated August 6, 2024, filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 6, 2024.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
SHUTTERSTOCK, INC.
   
Dated:  August 22, 2024
By:
/s/ Jarrod Yahes
   
Jarrod Yahes
   
Chief Financial Officer


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Document and Entity Information
Aug. 19, 2024
Cover [Abstract]  
Document Type 8-K
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Document Period End Date Aug. 19, 2024
Entity File Number 001-35669
Entity Registrant Name Shutterstock, Inc.
Entity Central Index Key 0001549346
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 80-0812659
Entity Address, Address Line One 350 Fifth Avenue
Entity Address, Address Line Two 20th Floor
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10118
City Area Code 646
Local Phone Number 710-3417
Title of 12(b) Security Common Stock, $0.01 par value per share
Trading Symbol SSTK
Security Exchange Name NYSE
Entity Emerging Growth Company false
Written Communications false
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