Shutterstock (SSTK) Director Matthew Salzberg Receives 23,107 RSUs

What Happened
Matthew B. Salzberg, a director of Shutterstock, was granted 23,107 Restricted Stock Units (RSUs) on September 8, 2026. The award was granted at $0.00 per share (standard for RSU grants) and is reported as a derivative grant (not an open‑market purchase or sale). RSUs convert into common shares only upon vesting, so no immediate shares or cash changed hands.

Key Details

• Transaction type: Award/Grant (Code A) — 23,107 RSUs granted on 2026-09-08 at $0.00.
• Vesting terms: Award vests in full on the earlier of June 10, 2027 or the day before the 2027 Annual Meeting, contingent on continued service (see footnotes).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: (F1) Each RSU equals a contingent right to one share; (F2) vesting schedule as noted above.
• Filing timeliness: Transaction reported on Form 4 filed 2026-09-14 for a 2026-09-08 grant — appears to be filed late (Form 4s are generally due within 2 business days).

Context: RSU grants are a routine form of equity compensation for directors and executives and do not represent an immediate purchase or sale. The RSUs will only become common stock if and when they vest per the stated schedule; therefore this filing signals a compensation award rather than a directional bet on the stock.