Bigley Deirdre Mary 4

What Happened

• Deirdre Mary Bigley, a director of Shutterstock, exercised or converted derivative securities to acquire 9,700 shares at $13.70 per share (total cost $132,890) on June 10, 2026. The filing also shows a related disposition of 9,700 derivative securities recorded at $0 (not reported as an open-market sale). In addition, the filing reports a grant/award of 11,239 restricted stock units (RSUs).

Key Details

• Transaction date: June 10, 2026.
• Exercise: 9,700 shares acquired @ $13.70 = $132,890 (transaction code M).
• Related disposition: 9,700 derivative securities reported disposed @ $0.00 (transaction code M) — not a public sale.
• Award: 11,239 RSUs granted @ $0.00 (transaction code A).
• Shares owned after transaction: Not specified in the supplied filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share of common stock.
  • F2: RSU award granted June 10, 2025 that vested in full on the earlier of June 10, 2026 or immediately before the 2026 Annual Meeting, subject to continued service.
  • F3: RSU award granted June 10, 2026 that vests on the earlier of June 10, 2027 or immediately before the 2027 Annual Meeting, subject to continued service.
• Filing timeliness: Report filed June 12, 2026 for a June 10, 2026 transaction — appears to be timely (Form 4 is due within two business days).

Context

• The filing records an option/exercise-related transaction (code M). The paired acquisition and a $0.00 derivative disposition indicate an exercise/settlement event rather than an open-market sale; the $0.00 disposition is not proceeds from a public sale.
• The 11,239 RSUs are awards/entitlements (derivative securities) subject to vesting conditions described in the footnotes; RSU grants and vesting are common for executive and director compensation and do not, by themselves, signal a buy or sell decision.