STOCK TITAN
  1. Home
  2. Sec-filings
  3. WBTN
  4. [8-K] WEBTOON Entertainment Inc. Reports Material Event

WEBTOON (WBTN) investors approve directors, executive pay and 2026 auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

WEBTOON Entertainment Inc. reported the results of its 2026 Annual Meeting of Stockholders. Holders of 128,189,361 common shares, representing approximately 95.2% of the voting power as of the April 10, 2026 record date, were present in person or by proxy, establishing a quorum.

Stockholders elected three Class II directors to serve until the 2029 Annual Meeting: Namsun Kim, Jun Masuda, and Isabelle Winkles. They also approved, on an advisory and non-binding basis, the compensation of the named executive officers.

In addition, stockholders ratified the Audit Committee’s selection of Samil PricewaterhouseCoopers as the independent registered public accounting firm for the fiscal year ending December 31, 2026.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Shares represented 128,189,361 shares Common stock present at 2026 Annual Meeting
Voting power represented 95.2% Voting power as of April 10, 2026 record date
Say-on-pay votes for 127,064,456 votes Advisory executive compensation approval
Say-on-pay votes against 46,916 votes Advisory executive compensation
Auditor ratification votes for 128,182,191 votes Samil PricewaterhouseCoopers for FY ending Dec 31, 2026
Auditor ratification votes against 5,223 votes Samil PricewaterhouseCoopers selection
Votes for Isabelle Winkles 126,835,509 votes Election as Class II director until 2029 Annual Meeting
Annual Meeting of Stockholders financial
"held its 2026 Annual Meeting of Stockholders (the "Annual Meeting")"
broker non-votes financial
"Isabelle Winkles | 126,835,509 | 278,013 | 1,075,839"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory, non-binding basis financial
"approved, on an advisory, non-binding basis, the compensation"
independent registered public accounting firm financial
"as the Company's independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Audit Committee financial
"selection by the Audit Committee of the Board of Directors"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding 8-K Material Events →
0001997859false00019978592026-06-032026-06-030001997859dei:FormerAddressMember2026-06-032026-06-03

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 03, 2026
WEBTOON Entertainment Inc.
(Exact name of Registrant as Specified in Its Charter)
Delaware001-4214481-3830533
(State or Other Jurisdiction
of Incorporation)		(Commission File Number)(IRS Employer
Identification No.)
222 N. Pacific Coast Highway
Suite 2300
El Segundo, California
90245
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (323) 424-3795
5700 Wilshire Blvd., Suite 220, Los Angeles, CA, 90036
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.0001 per shareWBTNNasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 3, 2026, WEBTOON Entertainment Inc. (the "Company") held its 2026 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, holders of 128,189,361 shares of common stock of the Company, representing approximately 95.2% of the voting power of the shares of common stock of the Company as of the close of business on April 10, 2026, the record date for the Annual Meeting, and constituting a quorum for the transaction of business, were present in person or by proxy. The following matters, as described more fully in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 22, 2026, were voted on by the stockholders at the Annual Meeting:
Proposal 1 - Election of Directors
The stockholders elected each of the three nominees named below as Class II directors to serve until the 2029 Annual Meeting and until their successors are duly elected and qualified. The voting results were as follows:
NomineeVotes ForVotes WithheldBroker Non-Votes
Namsun Kim114,966,850 12,146,672 1,075,839 
Jun Masuda113,666,847 13,446,675 1,075,839 
Isabelle Winkles126,835,509 278,013 1,075,839 
Proposal 2 - Advisory Vote on the Compensation of Our Named Executive Officers
The stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers. The voting results were as follows:
Votes ForVotes AgainstVotes AbstainBroker Non-Votes
127,064,456 46,916 2,150 1,075,839 
Proposal 3 - Ratification of the Selection of Independent Registered Public Accounting Firm
The stockholders ratified the selection by the Audit Committee of the Board of Directors of the Company of Samil PricewaterhouseCoopers as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results were as follows:
Votes ForVotes AgainstVotes Abstain
128,182,191 5,223 1,947 


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WEBTOON Entertainment Inc.
Date:June 4, 2026By: /s/ David J. Lee
Name:David J. Lee
Title:Chief Financial Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did WEBTOON (WBTN) stockholders vote on at the 2026 Annual Meeting?

WEBTOON stockholders voted on three key items: electing three Class II directors, approving executive compensation on an advisory basis, and ratifying Samil PricewaterhouseCoopers as independent auditor for 2026. All proposals received sufficient support to pass.

How many WEBTOON (WBTN) shares were represented at the 2026 Annual Meeting?

A total of 128,189,361 WEBTOON common shares were represented, accounting for about 95.2% of the voting power as of April 10, 2026. This high participation level established a quorum and allowed all proposals to be decided.

Which directors were elected at WEBTOON’s 2026 Annual Meeting?

Stockholders elected Namsun Kim, Jun Masuda, and Isabelle Winkles as Class II directors to serve until the 2029 Annual Meeting. Each nominee received strong support, with Isabelle Winkles drawing 126,835,509 votes in favor and only 278,013 votes withheld.

Did WEBTOON (WBTN) stockholders approve executive compensation in 2026?

Yes. Stockholders approved the compensation of WEBTOON’s named executive officers on an advisory, non-binding basis. The vote totaled 127,064,456 shares for, 46,916 against, and 2,150 abstentions, with 1,075,839 broker non-votes recorded on the proposal.

Which independent auditor did WEBTOON stockholders ratify for fiscal 2026?

Stockholders ratified Samil PricewaterhouseCoopers as WEBTOON’s independent registered public accounting firm for the year ending December 31, 2026. The auditor ratification received 128,182,191 votes for, 5,223 against, and 1,947 abstentions, indicating broad support for the selection.

Filing Exhibits & Attachments

4 documents

Other Documents