STOCK TITAN

WEBTOON (WBTN) director awarded 66,930 RSUs vesting through 2028

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kim Yongsoo

(Last)(First)(Middle)
5700 WILSHIRE BLVD., SUITE 220

(Street)
LOS ANGELES CALIFORNIA 90036

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEBTOON Entertainment Inc. [ WBTN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/26/2026A66,930(1)A$0224,190D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 will vest in three installments of 30% on April 26, 2026, 30% on April 26, 2027 and 40% on April 26, 2028, subject to continued employment through each such date.
Remarks:
President and Director
/s/ Maximilian Jo, as Attorney-in-Fact for Yongsoo Kim04/07/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

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.