4/A: Shutterstock Executive Chairman Jonathan Oringer Acquires 87,011 Restricted Stock Units

Jonathan Oringer, Executive Chairman of Shutterstock, Inc., reports the acquisition of 87,011 Restricted Stock Units (RSUs) on April 1, 2025, vesting on April 1, 2026.

Summary

• This is an amendment to a previous SEC Form 4 filing by Jonathan Oringer, Executive Chairman of Shutterstock, Inc.
• On April 1, 2025, Oringer acquired 87,011 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of Shutterstock's common stock.
• The RSUs vest on April 1, 2026, subject to Oringer's continued employment.
• The amendment corrects the vesting schedule from 'three equal annual installments beginning April 1, 2026' to a one-year vesting period.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing regarding executive compensation. There's no inherent positive or negative implication for the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into the equity-based compensation of key executives.

Stakeholder Impact

• Shareholders are informed about executive compensation practices.
• The vesting of RSUs incentivizes the Executive Chairman to remain with the company and contribute to its success.

Key Dates

Keywords

Shutterstock, Jonathan Oringer, Restricted Stock Units, RSU, SEC Form 4, Beneficial Ownership, Executive Compensation, Stock Options, Vesting