SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

Villanova Investment Management Co LLC's Holding History (CIK: 0001872130)

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

Q4 2025

Shares 111,000 Value ($000) $2,120 Avg Close $21.37 Range $17.92 - $29.50

Q3 2025

Shares 111,209 Value ($000) $2,319 Avg Close $20.38 Range $17.90 - $22.47

Q2 2025

Shares 81,068 Value ($000) $1,537 Avg Close $17.59 Range $14.35 - $20.05

Q1 2025

Shares 26,210 Value ($000) $1,410 Avg Close $25.62 Range $17.17 - $38.80

Q4 2024

Shares 74,777 Value ($000) $2,269 Avg Close $31.43 Range $28.85 - $35.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	111,000	$2,120	$21.37	$17.92 - $29.50
Q3 2025	111,209	$2,319	$20.38	$17.90 - $22.47
Q2 2025	81,068	$1,537	$17.59	$14.35 - $20.05
Q1 2025	26,210	$1,410	$25.62	$17.17 - $38.80
Q4 2024	74,777	$2,269	$31.43	$28.85 - $35.47