Shutterstock, Inc. (NYSE: SSTK) reported two corporate developments in a Form 8-K tied to events beginning July 16, 2026: the planned resignation of its chief accounting officer and a board decision to suspend future quarterly cash dividends. On July 16, 2026, Steven Ciardiello notified Shutterstock that he will resign as the company’s Chief Accounting Officer following a transition period. The filing states that his resignation will be effective in August 2026, although the specific day in August is not provided in the document text. Shutterstock said Ciardiello’s departure was not the result of any disagreement with the company regarding its operations, policies or practices. The company is conducting a search for a successor. Separately, Shutterstock announced a capital allocation change. At a meeting held on July 20, 2026, the company’s Board of Directors resolved to suspend Shutterstock’s future quarterly cash dividend. The company issued a press release on July 22, 2026, titled “Shutterstock Announces Capital Allocation Update,” which was filed as Exhibit 99.1 and incorporated by reference into the 8-K. The filing was signed by Rik Powell, Shutterstock’s Chief Financial Officer and Interim Chief Executive Officer, on July 22, 2026. No stock purchases, sales, option exercises, equity grants, transaction codes, share counts, or insider ownership changes were reported in this filing. The key reported actions are therefore governance- and capital-allocation-related: a senior finance leadership transition and the elimination, for now, of future quarterly cash dividend payments.