---
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"
generated_at: "2026-06-20T14:41:49.433501+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Shutterstock appoints John Caine as Global Head of E-Commerce effective Jan 30, 2023

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001549346-23-000003
- JSON: https://secwatch.observer/filing/0001549346-23-000003.json
- Plain text: https://secwatch.observer/filing/0001549346-23-000003.txt

## Key facts
- Executive change
  John Caine was appointed as Global Head of E-Commerce at Shutterstock, Inc..
  - Action: appointed
  - Role: Global Head of E-Commerce
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1549346/000154934623000003/0001549346-23-000003-index.htm

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