SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

ADAGE CAPITAL PARTNERS GP, L.L.C.'s Holding History (CIK: 0001165408)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 197,030 Value ($000) $3,763 Avg Close $21.37 Range $17.92 - $29.50

Q2 2025

Shares 100,000 Value ($000) $1,896 Avg Close $17.59 Range $14.35 - $20.05

Q1 2025

Shares 100,000 Value ($000) $1,863 Avg Close $25.62 Range $17.17 - $38.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	197,030	$3,763	$21.37	$17.92 - $29.50
Q2 2025	100,000	$1,896	$17.59	$14.35 - $20.05
Q1 2025	100,000	$1,863	$25.62	$17.17 - $38.80