WEBTOON (WBTN) director awarded 66,930 RSUs vesting through 2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kim Yongsoo reported acquisition or exercise transactions in this Form 4 filing.
WEBTOON Entertainment Inc. director and officer Kim Yongsoo received an equity award of 66,930 shares of common stock as a grant, recorded at a price of $0.00 per share. A footnote explains these represent restricted stock units, each convertible into one share upon vesting.
The RSUs vest in three tranches: 30% on April 26, 2026, 30% on April 26, 2027, and 40% on April 26, 2028, all subject to continued employment through each vesting date. Following this award, Kim directly holds 224,190 shares of WEBTOON common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim Yongsoo
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,930 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 224,190 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 66,930 shares
Grant price: $0.00 per share
Post-transaction holdings: 224,190 shares
+3 more
6 metrics
RSU grant size
66,930 shares
Restricted stock units granted to Kim Yongsoo
Grant price
$0.00 per share
Reported transaction price for awarded shares
Post-transaction holdings
224,190 shares
Direct common stock held after the grant
First vesting tranche
30%
Vests on April 26, 2026, subject to continued employment
Second vesting tranche
30%
Vests on April 26, 2027, subject to continued employment
Final vesting tranche
40%
Vests on April 26, 2028, subject to continued employment
Key Terms
restricted stock units ("RSUs"), vesting, continued employment, grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"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.
vesting financial
"to receive one share of common stock upon vesting. The RSUs will vest in three"
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.
continued employment financial
"on April 26, 2027 and 40% on April 26, 2028, subject to continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did WEBTOON (WBTN) director Kim Yongsoo receive in this Form 4 filing?
Kim Yongsoo received a grant of 66,930 shares of WEBTOON common stock, reported as restricted stock units. Each RSU entitles him to one share upon vesting, providing additional equity-based compensation tied to his ongoing service.
How do the 66,930 RSUs granted to WEBTOON (WBTN) director vest over time?
The 66,930 RSUs vest in three installments: 30% on April 26, 2026, another 30% on April 26, 2027, and the remaining 40% on April 26, 2028. Vesting is conditioned on Kim Yongsoo’s continued employment through each respective date.
Is the WEBTOON (WBTN) Form 4 transaction an open-market stock purchase?
No, it is not an open-market purchase. The Form 4 shows a grant of 66,930 shares at $0.00 per share, classified as a grant or award acquisition. A footnote clarifies these are restricted stock units rather than shares bought on the market.
What are Kim Yongsoo’s WEBTOON (WBTN) holdings after this RSU grant?
After the reported transaction, Kim Yongsoo directly holds 224,190 shares of WEBTOON common stock. This figure reflects his position following the 66,930-share grant reported in the filing, providing a snapshot of his direct ownership stake.
What conditions apply to the vesting of WEBTOON (WBTN) RSUs granted to Kim Yongsoo?
The RSUs vest only if employment continues through each vesting date. Specifically, 30% vest on April 26, 2026, 30% on April 26, 2027, and 40% on April 26, 2028, making ongoing service a requirement for receiving the underlying shares.