WEBTOON (WBTN) Chief Product Officer reports stock, options and RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WEBTOON Entertainment Inc.'s Chief Product Officer Chae Yuki filed an initial ownership report showing a direct holding of 149,822 shares of common stock. The filing also lists several stock option positions over common shares with different exercise prices and expiration dates.
These include options exercisable for 52,740 shares at $11.04 per share expiring on November 23, 2028, 12,240 shares at $13.04 expiring on October 7, 2029, 18,000 shares at $32.30 expiring on December 26, 2030, 60,000 shares at $20.34 expiring on November 22, 2031, and 14,400 shares at $22.50 expiring on May 10, 2032.
The footnotes explain that a portion of the reported securities are restricted stock units (RSUs), including blocks of 72,177, 7,297, 17,848, and 10,622 RSUs that vest in scheduled installments between May 2026 and May 2028, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Chae Yuki
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Option — 52,740 shares (Direct);
Common Stock — 149,822 shares (Direct)
Footnotes (1)
- A portion of the reported securities represent restricted stock units ("RSUs") which each entitle the reporting person to receive one share of common stock upon vesting. The RSUs vest as follows: (i) 72,177 RSUs vest in two installments of 30,933 RSUs on May 28, 2026 and 41,244 RSUs on May 28, 2027; (ii) 7,297 RSUs vest on March 5, 2027; (iii) 17,848 RSUs vest in three installments of 30% on April 25, 2026, 30% on April 25, 2027 and 40% on April 25, 2028; and (iv) 10,622 RSUs vest in three installments of 30% on May 10, 2026, 30% on May 10, 2027 and 40% on May 10, 2028, subject to continued employment through each such date. All of the shares subject to the option are fully vested and exercisable as of the date hereof. All of the shares subject to the option will vest on November 22, 2026, subject to continued employment through the vesting date. All of the shares subject to the option will vest on May 11, 2027, subject to continued employment through the vesting date.
Key Figures
Direct common stock holding: 149,822 shares
Option at $11.04: 52,740 underlying shares
Option at $13.04: 12,240 underlying shares
+4 more
7 metrics
Direct common stock holding
149,822 shares
Directly held common stock reported in Form 3
Option at $11.04
52,740 underlying shares
Exercise price $11.04; expires November 23, 2028
Option at $13.04
12,240 underlying shares
Exercise price $13.04; expires October 7, 2029
Option at $32.30
18,000 underlying shares
Exercise price $32.30; expires December 26, 2030
Option at $20.34
60,000 underlying shares
Exercise price $20.34; expires November 22, 2031
Option at $22.50
14,400 underlying shares
Exercise price $22.50; expires May 10, 2032
Largest RSU block
72,177 RSUs
Vest in installments on May 28, 2026 and May 28, 2027
Key Terms
restricted stock units ("RSUs"), exercise price, vesting, expiration date, +1 more
5 terms
restricted stock units ("RSUs") financial
"A portion of the reported securities represent restricted stock units ("RSUs") which each entitle"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
exercise price financial
"conversion_or_exercise_price": "11.0400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The RSUs vest as follows: (i)
72,177 RSUs vest in two installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date": "2031-11-22T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
beneficial ownership financial
"initial ownership report showing a direct holding of 149,822 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does WEBTOON Entertainment (WBTN) disclose in Chae Yuki’s Form 3?
The Form 3 discloses that Chief Product Officer Chae Yuki directly holds 149,822 shares of WEBTOON common stock. It also lists multiple option awards and restricted stock units (RSUs) with specific exercise prices, expiration dates, and vesting schedules over the next several years.
What stock options are reported for Chae Yuki in WEBTOON (WBTN)’s Form 3?
The Form 3 lists options over 52,740, 12,240, 18,000, 60,000, and 14,400 underlying shares at exercise prices of $11.04, $13.04, $32.30, $20.34, and $22.50, with expirations between November 2028 and May 2032.
What restricted stock units (RSUs) does Chae Yuki have at WEBTOON (WBTN)?
A footnote states that some reported securities are RSUs, including blocks of 72,177, 7,297, 17,848, and 10,622 RSUs. Each RSU entitles the holder to one common share upon vesting, subject to continued employment through the specified vesting dates.
When do Chae Yuki’s RSUs in WEBTOON (WBTN) vest?
The RSUs vest over several dates: 72,177 RSUs vest on May 28, 2026 and May 28, 2027, 7,297 RSUs on March 5, 2027, 17,848 RSUs in installments on April 25, 2026–2028, and 10,622 RSUs on May 10, 2026–2028, subject to continued employment.
Are Chae Yuki’s WEBTOON (WBTN) options already vested?
A footnote explains that all shares subject to one option are fully vested and exercisable as of the report date. Other option grants will vest by November 22, 2026 and May 11, 2027, assuming continued employment through each applicable vesting date.