Oringer Jonathan - 23 Jan 2024 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Jan 2024, 16:15:33 UTC
Prior SEC filing
23 Jan 2024
Next SEC filing
05 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Lapham, Attorney-in-Fact

Key filing fact

Oringer Jonathan filed Form 4 for Shutterstock, Inc. (SSTK) on 25 Jan 2024.

Key facts

  • This page summarizes Oringer Jonathan's Form 4 filing for Shutterstock, Inc. (SSTK).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 25 Jan 2024, 16:15.

Change

  • Previous filing in this sequence was filed on 23 Jan 2024.
  • Current net transaction value: -$1,218,026.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SSTK transaction

Common Stock

Sale

Transaction value
$1,023,634
Shares
-20,383
Change %
-0.18%
Price
$50.22
Shares after
11,022,754
Date
23 Jan 2024
Ownership
Direct
Footnotes
F1, F2
SSTK transaction

Common Stock

Sale

Transaction value
$152,533
Shares
-2,978
Change %
-0.03%
Price
$51.22
Shares after
11,019,776
Date
23 Jan 2024
Ownership
Direct
Footnotes
F1, F3
SSTK transaction

Common Stock

Sale

Transaction value
$41,859
Shares
-836
Change %
-0.01%
Price
$50.07
Shares after
11,018,940
Date
24 Jan 2024
Ownership
Direct
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy. The plan provides for periodic sales of a total maximum of 2,100,000 shares over the period beginning on June 1, 2023 through May 31, 2024 and was entered into for investment diversification purposes.

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.98 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.50 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.01 to $50.20 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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