{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-000468","form_type":"8-K","ticker":"SSTK","cik":"0001549346","company_name":"Shutterstock, Inc.","filed_at":"2025-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.964358+00:00","generated_at":"2026-05-28T08:28:27.397131+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Shutterstock to merge with Getty Images; mixed election gets $9.50 cash and 9.17 GETY shares per SSTK share","bullets":["Consideration per SSTK share: $9.50 cash + 9.17 GETY shares (mixed), $28.85 all-cash, or 13.67 GETY shares all-stock; elections subject to proration.","Termination fees: Shutterstock pays $32.7M for superior proposal; Getty pays $32.7M or $40M if financing fails after condition satisfaction.","Post-closing: Mark Getty as Chairman, Craig Peters as CEO; board expands to 11 members including 4 from Shutterstock.","Jonathan Oringer (31% SSTK voting power) agrees via Voting Agreement to support merger and waive appraisal rights.","Closing requires HSR clearance, S-4 effectiveness, Getty refinancing to extend debt maturity to 2028+, and stockholder approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-000468","json":"https://secwatch.observer/filing/0001140361-25-000468.json","markdown":"https://secwatch.observer/filing/0001140361-25-000468.md","text":"https://secwatch.observer/filing/0001140361-25-000468.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549346/000114036125000468/0001140361-25-000468-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549346/000114036125000468/ny20041185x1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T08:28:27.397131+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}