secwatch.observer — SEC 8-K summary
======================================

Issuer:     Shutterstock, Inc. (SSTK)
CIK:        0001549346
Form:       8-K/A
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001140361-24-044846
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shutterstock CFO Jarrod Yahes resigns; Rik Powell appointed CFO effective Nov 1
-------------------------------------------------------------------------------

- Jarrod Yahes resigns as CFO effective Nov 1, 2024; remains as advisor through Dec 31.
- Resignation not due to any disagreement; unvested equity forfeited as of Nov 1.
- Rik Powell, previously SVP Finance & IR at Shutterstock, named CFO effective Nov 1.
- Powell was CFO of Getty Images (2017-2020) and SVP at Shake Shack.
- New CFO receives $450K salary, 60% target bonus, and 10,906 RSUs vesting over 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549346/000114036124044846/0001140361-24-044846-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549346/000114036124044846/ef20038023_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-044846

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer