{"schema_version":"secwatch.filing_event.v1","accession":"0001549346-23-000003","form_type":"8-K","ticker":"SSTK","cik":"0001549346","company_name":"Shutterstock, Inc.","filed_at":"2023-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.526293+00:00","generated_at":"2026-06-20T14:41:49.433501+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Shutterstock appoints John Caine as Global Head of E-Commerce effective Jan 30, 2023","bullets":["John Caine, formerly CPO of NerdWallet, joins as Global Head of E-Commerce; effective Jan 30, 2023.","Annual base salary of $500,000; initial annual cash bonus target of 60% of base salary.","One-time sign-on bonus of $150,000 with repayment condition if departure within one year.","Equity grants: $4 million in RSUs vesting over 4 years, plus additional $1.5 million equity award in 2023.","Severance includes 12 months base salary, COBRA reimbursement, and pro-rata bonus (non-CIC); accelerated vesting for 12 months post-termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001549346-23-000003","json":"https://secwatch.observer/filing/0001549346-23-000003.json","markdown":"https://secwatch.observer/filing/0001549346-23-000003.md","text":"https://secwatch.observer/filing/0001549346-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000003/0001549346-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000003/sstk-20230112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T14:41:49.433501+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":[{"claim_id":"1986fe64ee","claim":"John Caine was appointed as Global Head of E-Commerce at Shutterstock, Inc..","evidence_excerpt":"On January 17, 2023, Shutterstock, Inc. (the “Company”) announced that John Caine is joining the Company as Global Head of E-Commerce effective as of January 30, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000003/0001549346-23-000003-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Global Head of E-Commerce"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}