Shutterstock suspends quarterly cash dividend; CAO Steven Ciardiello resigns effective Aug 28

Shutterstock, Inc.

Board resolved on July 20, 2026 to suspend future quarterly cash dividend; no specific amount given.
Steven Ciardiello resigns as Chief Accounting Officer effective August 28, 2026; not due to disagreement.
Company conducting search for successor CAO.
Dividend suspension part of capital allocation review; focus on debt reduction and financial flexibility.

item 5.02 item 8.01 item 9.01

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Departed

Steven Ciardiello

Chief Accounting Officer

SSTK · Shutterstock, Inc.

Effective: 2026-08-28
Filed: July 22, 2026, 4:45 PM ET

On July 16, 2026, Steven Ciardiello notified Shutterstock, Inc. (the “Company”) of his decision to resign as Chief Accounting Officer of the Company, effective August 28 , 2026 following a transition period.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Steven Ciardiello resigned as Chief Accounting Officer at Shutterstock, Inc..

Action: resigned
Role: Chief Accounting Officer

Exact text from the filing

On July 16, 2026, Steven Ciardiello notified Shutterstock, Inc. (the “Company”) of his decision to resign as Chief Accounting Officer of the Company, effective August 28 , 2026 following a transition period.

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Shutterstock, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-26-029293

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