SSTK 8-K: Cfo change
Shutterstock
Filed with the SEC on · accession 0001140361-26-042037
SSTK filed a 8-K (current report) with the SEC on Nov 5, 2026. Shutterstock announced the appointment of Scott Grossman as Interim Chief Financial Officer effective November 2, 2026, replacing Rik Powell who ceased serving as CFO and will depart the company on November 13, 2026.
Summary of the filing
Shutterstock announced the appointment of Scott Grossman as Interim Chief Financial Officer effective November 2, 2026, replacing Rik Powell who ceased serving as CFO and will depart the company on November 13, 2026. Grossman will receive an annual base salary of $450,000 and a target bonus of 60% of base salary.
Key details
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What did SSTK file with the SEC on Nov 5, 2026?
SSTK filed a 8-K (Cfo change). Shutterstock announced the appointment of Scott Grossman as Interim Chief Financial Officer effective November 2, 2026, replacing Rik Powell who ceased serving as CFO and will depart the company on November 13, 2026. Grossman will receive an annual base salary of $450,000 and a target bonus of 60% of base salary.
What does a cfo change mean for SSTK stock?
Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.
How do I read a 8-K?
A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.
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