[Form 3] K Wave Media Ltd. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

K Wave Media Ltd. disclosed that its Chief Financial Officer, Fang Yong, holds 50,099 Ordinary Shares, par value $0.0001 per share. This Form 3 filing records his direct ownership position as of 2026-03-18, without reporting any new purchase or sale transactions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fang Yong

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Ordinary Shares, par value $0.0001 per share	--	--	--

Holdings After Transaction: Ordinary Shares, par value $0.0001 per share — 50,099 shares (Direct)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Fang Yong

(Last) (First) (Middle)

C/O K WAVE MEDIA LTD.

121 SOUTH CHURCH STREET

(Street)

GEORGE TOWN KY1-1104

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
K Wave Media Ltd. [ KWM ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, par value $0.0001 per share	50,099	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

See Exhibit 24.1 - Power of Attorney.

	/s/ Ted Kim, as attorney-in-fact	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does K Wave Media (KWM) CFO Fang Yong report in this Form 3?

K Wave Media’s CFO, Fang Yong, reports direct ownership of 50,099 Ordinary Shares in this Form 3. The filing establishes his initial reported stake, rather than documenting a new transaction or change in holdings.

Did the K Wave Media (KWM) CFO buy or sell shares in this Form 3?

The Form 3 for K Wave Media’s CFO does not show any buy or sell transaction. It records a holding entry only, listing 50,099 Ordinary Shares owned directly as of 2026-03-18.

How many K Wave Media (KWM) shares does CFO Fang Yong directly own?

CFO Fang Yong is reported as directly owning 50,099 Ordinary Shares of K Wave Media Ltd. This figure reflects his total direct holdings following the reported entry dated 2026-03-18.

Is the K Wave Media (KWM) CFO a ten percent owner based on this Form 3?

The Form 3 identifies K Wave Media’s CFO Fang Yong as not a ten percent owner. He is listed as an officer with the title Chief Financial Officer, reporting direct ownership of 50,099 Ordinary Shares.

Are there any derivative securities reported for K Wave Media (KWM) CFO in this Form 3?

No derivative securities are reported for K Wave Media’s CFO in this Form 3. The filing only lists Ordinary Shares with total direct holdings of 50,099 shares following the reported entry on 2026-03-18.