Shutterstock Awards CEO Paul Hennessy $8.5 Million in Restricted Stock Units
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Shutterstock Inc. has approved a new compensation arrangement for CEO Paul J. Hennessy, granting him 375,110 restricted stock units (RSUs) valued at $8.5 million. The RSUs will vest on July 1, 2027, provided Hennessy remains with the company through that date. This award replaces previous performance stock units and is tied to Hennessy’s continued service through the closing of Shutterstock’s pending merger with Getty Images Holdings, Inc.
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