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NYSE: SSTK Shutterstock, Inc. 8-K

Shutterstock-Getty merger terminated after Getty declines UK-mandated editorial divestiture

Filed July 9, 2026 · Period ending July 7, 2026 · ~1 min read

3 key changes 3 high relevance 1 section

Key Changes

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    Merger agreement with Getty Images terminated July 7, 2026, after Getty's board declined to pursue UK-mandated sale of Shutterstock's editorial business

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    UK Competition and Markets Authority conditioned merger approval on Shutterstock divesting its editorial business, a requirement Getty Images chose not to fulfill

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    Getty Images board unanimously resolved June 30 not to proceed with the divestiture process and to terminate the merger agreement after the July 6 deadline

Summary

Shutterstock's proposed merger with Getty Images, announced in January 2025, has been terminated after UK competition regulators imposed a divestiture requirement Getty Images' board chose not to meet. The UK Competition and Markets Authority conditioned its approval on Shutterstock selling its editorial business—a remedy Getty Images' board unanimously rejected on June 30, 2026.

The merger agreement was terminated July 7 after Getty Images' board allowed the extended deadline to pass. For Shutterstock shareholders, this ends an 18-month transaction process: they lose the Getty deal consideration and the company returns to standalone operations.

Section-by-Section Diff

Event · Item 1.02 — Termination of a Material Definitive Agreement

~200 words

Item 1.02 — Termination of a Material Definitive Agreement filed; see Key Changes for terms.

2 Added
Added Merger agreement termination high

Added in current filing · verify on EDGAR →

On July 7, 2026, the Merger Agreement was terminated.

The merger agreement between Shutterstock and Getty Images, originally announced in January 2025, has been terminated. The UK Competition and Markets Authority had conditioned its approval on Shutterstock selling its editorial business, but Getty Images' board decided not to proceed with that divestiture process and terminated the agreement after the July 6, 2026 deadline passed.

Added Regulatory condition high

Added in current filing · verify on EDGAR →

After reviewing the proposed merger, the U.K. Competition and Markets Authority (the “CMA”) conditioned its required clearance of the transactions contemplated by the Merger Agreement upon a sale of the Company’s editorial business.

The UK competition regulator required Shutterstock to divest its editorial business as a condition for approving the Getty Images merger. This regulatory hurdle proved insurmountable, as Getty Images' board chose not to pursue the required divestiture.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 9, 2026 · How we verify