{"filing":{"accession_number":"0001140361-26-029293","cik":"0001549346","ticker":"SSTK","company_name":"Shutterstock, Inc.","form":"8-K","filing_date":"2026-07-22","report_date":null,"primary_document":"ef20078341_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1549346/000114036126029293/ef20078341_8k.htm"},"events":[{"id":19630,"run_id":17663,"accession_number":"0001140361-26-029293","anchor_item_number":"5.02","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"Steven Ciardiello, Chief Accounting Officer, notified the Company on July 16, 2026 of his resignation effective August 28, 2026. The departure of a CAO is material to investors as it affects financial reporting oversight and internal controls, with the Company conducting a search for a successor.","company_name":"Shutterstock, Inc.","ticker":"SSTK","filing_date":"2026-07-22","form":"8-K","submitted_at":null,"items":[{"id":18774,"accession_number":"0001140361-26-029293","item_number":"5.02","item_title":null,"event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"Steven Ciardiello, Chief Accounting Officer, notified the Company on July 16, 2026 of his resignation effective August 28, 2026. This is a clear departure of a named executive officer responsible for accounting functions. The departure of a CAO is material to investors as it affects financial reporting oversight and internal controls, and the filing explicitly states the Company is conducting a search for a successor.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:46:45.674868+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":19631,"run_id":17663,"accession_number":"0001140361-26-029293","anchor_item_number":"8.01","event_type":"dividend_distribution","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The Board of Directors resolved to suspend the Company's future quarterly cash dividend, effective immediately. The suspension reflects a shift in capital priorities toward debt reduction and interest expense management, materially affecting shareholder expectations regarding future distributions.","company_name":"Shutterstock, Inc.","ticker":"SSTK","filing_date":"2026-07-22","form":"8-K","submitted_at":null,"items":[{"id":18775,"accession_number":"0001140361-26-029293","item_number":"8.01","item_title":null,"event_type":"dividend_distribution","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Board of Directors resolved to suspend the Company's future quarterly cash dividend, as announced in the July 22, 2026 press release. While this is technically a suspension rather than a declaration or payment, it is a material capital allocation decision affecting shareholder returns. The Board's stated rationale—focusing on debt reduction, interest expense management, and financial flexibility—signals a shift in capital priorities that would materially affect investor expectations regarding future distributions.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:46:45.674868+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":18774,"accession_number":"0001140361-26-029293","item_number":"5.02","item_title":null,"event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"Steven Ciardiello, Chief Accounting Officer, notified the Company on July 16, 2026 of his resignation effective August 28, 2026. This is a clear departure of a named executive officer responsible for accounting functions. The departure of a CAO is material to investors as it affects financial reporting oversight and internal controls, and the filing explicitly states the Company is conducting a search for a successor.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:46:45.674868+00:00","company_name":"Shutterstock, Inc.","ticker":"SSTK","filing_date":"2026-07-22"},{"id":18775,"accession_number":"0001140361-26-029293","item_number":"8.01","item_title":null,"event_type":"dividend_distribution","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Board of Directors resolved to suspend the Company's future quarterly cash dividend, as announced in the July 22, 2026 press release. While this is technically a suspension rather than a declaration or payment, it is a material capital allocation decision affecting shareholder returns. The Board's stated rationale—focusing on debt reduction, interest expense management, and financial flexibility—signals a shift in capital priorities that would materially affect investor expectations regarding future distributions.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:46:45.674868+00:00","company_name":"Shutterstock, Inc.","ticker":"SSTK","filing_date":"2026-07-22"}]}