Shutterstock (SSTK) Director Michael Thompson Receives RSU Award

What Happened

• Michael N. Thompson Jr., a director of Shutterstock, was granted 23,107 restricted stock units (RSUs) on September 8, 2026. The Form 4 reports the acquisition price as $0.00 (derivative award), indicating this was an equity grant rather than an open-market purchase or sale. The RSUs are contingent rights to receive one share of common stock per unit upon vesting.

Key Details

• Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (appears timely).
• Award: 23,107 RSUs reported at $0.00 (transaction code A = award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1—each RSU converts to one share on vesting; F2—these RSUs vest in full on the earlier of June 10, 2027 or the day before the 2027 Annual Meeting, subject to Thompson’s continued service.
• Filing timeliness: no late filing flag noted.

Context

• RSUs are contingent awards, not immediate share ownership; they convert to actual shares only if and when they vest. Director RSU grants are common for compensation and governance alignment and do not by themselves indicate insider buying or selling intent.