11/10/2026 | Press release | Distributed by Public on 11/10/2026 16:01
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Performance-based Restricted Stock Unit | (1) | (1) | Common Stock | 784 | (2) | D | |
| Restricted Stock Unit | (3) | (3) | Common Stock | 9,118 | (4) | D | |
| Restricted Stock Unit | (5) | (5) | Common Stock | 11,074 | (4) | D | |
| Restricted Stock Unit | (6) | (6) | Common Stock | 3,164 | (4) | D | |
| Restricted Stock Unit | (7) | (7) | Common Stock | 784 | (4) | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Grossman Scott Gregg C/O SHUTTERSTOCK, INC. 350 FIFTH AVENUE, 20TH FLOOR NEW YORK, NY 10118 |
Interim CFO | |||
| /s/ Colleen Kearney, as attorney-in-fact for Scott Gregg Grossman | 11/10/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Performance-based Restricted Stock Unit ("PSU") award with a target amount of 2,351 shares of the Issuer's common stock granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EDITDA margin and revenue growth performance thresholds for each annual performance period. Such PSU is subject to confirmation of achievement of performance by the Issuer's Compensation Committee of the Board of Directors. |
| (2) | Each PSU represents a contingent right to receive one share of the Issuer's common stock. |
| (3) | Restricted Stock Unit ("RSU") award granted on April 1, 2026 that vests in full on April 1, 2027, subject to the Reporting Person's continued employment on such vesting date. |
| (4) | Each RSU represents a contingent right to receive one share of the Issuer's common stock. |
| (5) | RSU award in the amount of 16,611 shares of the Issuer's common stock granted on April 1, 2025 that vests in three equal annual installments beginning April 1, 2026, subject to the Reporting Person's continued employment on such vesting date. |
| (6) | RSU award in the amount of 4,746 shares of the Issuer's common stock granted on April 1, 2025 that vests in three equal annual installments beginning April 1, 2026, subject to the Reporting Person's continued employment on such vesting date. |
| (7) | RSU award in the amount of 2,351 shares of the Issuer's common stock granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, subject to the Reporting Person's continued employment on such vesting date. |
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Remarks: Exhibit 24.1 - Power of Attorney |
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