secwatch.observer — SEC 8-K summary
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Issuer:     Shutterstock, Inc. (SSTK)
CIK:        0001549346
Form:       8-K
Filed at:   2026-07-13T21:09:48+00:00
Accession:  0001140361-26-028338
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shutterstock CEO Hennessy steps down; CFO Powell named Interim CEO; strategic advisor engaged
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- Paul Hennessy stepped down as CEO and Board member effective July 12, 2026; will remain in advisory role through Aug 7, 2026.
- CFO Rik Powell appointed Interim CEO, continuing as CFO; receives $75k/month additional cash and $450k RSU grant.
- Board plans to engage strategic advisor to formulate go-forward strategy after termination of merger agreement with Getty Images.
- Q2 2026 earnings call scheduled for August 6, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549346/000114036126028338/0001140361-26-028338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549346/000114036126028338/ef20077918_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-028338

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