---
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"
generated_at: "2026-05-28T08:28:27.397131+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Shutterstock to merge with Getty Images; mixed election gets $9.50 cash and 9.17 GETY shares per SSTK share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-000468
- JSON: https://secwatch.observer/filing/0001140361-25-000468.json
- Plain text: https://secwatch.observer/filing/0001140361-25-000468.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.