Shutterstock
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Shutterstock (SSTK) investor relations material

Shutterstock Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary20 Nov, 2025

Executive summary

  • The 2025 Annual Meeting will be held virtually on December 22, 2025, with shareholders voting on director elections, executive compensation, and auditor ratification.

  • A merger with Getty Images was approved by shareholders in June 2025 and is pending regulatory approval; upon closing, shares will be delisted from the NYSE.

  • 2024 business highlights include a 7% revenue increase to $935.3M, flat operating income, a 67% drop in net income, and a 3% rise in adjusted EBITDA.

Voting matters and shareholder proposals

  • Shareholders will vote to elect three Class I directors for three-year terms, approve executive compensation on an advisory basis, and ratify PricewaterhouseCoopers LLP as the independent auditor for 2025.

  • The board recommends voting in favor of all proposals.

Board of directors and corporate governance

  • The board is divided into three classes, with staggered three-year terms; nominees for 2025 are Jonathan Oringer, Rachna Bhasin, and Jaime Teevan.

  • Following the merger, the new board will have 11 members, with four designated by the company.

  • The board maintains a majority of independent directors and has adopted comprehensive governance policies, including a code of ethics and director resignation policy.

  • Three standing committees (Audit, Compensation, Nominating and Corporate Governance) are composed solely of independent directors.

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Frequently asked questions

Shutterstock, Inc. provides content, and creative workflow solutions in North America, Europe, and internationally. It offers digital imagery services, which include licensed photographs, vectors, illustrations, and video clips that customers use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and commercial music services comprising music tracks and sound effects that are used to complement digital imagery. The company was founded in 2003 and is headquartered in New York, New York.

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