Shutterstock Awards CEO Paul Hennessy $8.5 Million in Restricted Stock Units
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.
Shutterstock Inc. has approved a new compensation arrangement for CEO Paul J. Hennessy, granting him 375,110 restricted stock units (RSUs) with a total value of $8.5 million. The RSUs, granted on December 1, 2025, 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. The RSUs will also vest if Hennessy’s employment is terminated without cause or, following a change in control related to the merger, if he resigns for good reason. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shutterstock Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-044006), on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
