Form 4: Shutterstock Director Bigley Reports Stock Transactions
SEC Form 4
Director Deirdre Mary Bigley reports acquisition and disposal of Shutterstock common stock and restricted stock units.
Summary
- On June 5, 2024, Director Deirdre Mary Bigley disposed of 2,781 shares of Shutterstock common stock.
- This disposal was related to the vesting of restricted stock units (RSUs).
- Also on June 5, 2024, 2,781 Restricted Stock Units vested.
- On June 6, 2024, Bigley acquired 4,318 Restricted Stock Units.
- Following these transactions, Bigley directly owns 4,318 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
The acquired RSUs will vest on the earlier of June 5, 2025, or the date immediately preceding the 2025 Annual Meeting of Shareholders, subject to continued service.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 06/08/2023 | Date RSU award was granted that vested in full on the earlier of June 8, 2024, or the date immediately preceding the 2024 Annual Meeting of Shareholders |
| 06/05/2024 | Date of common stock disposal and RSU vesting. |
| 06/06/2024 | Date of RSU acquisition and report filing. |
| 06/05/2025 | Date RSU award granted on June 6, 2024 that vests in full on the earlier of June 5, 2025, or the date immediately preceding the 2025 Annual Meeting of Shareholders |
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