Tax withholding trims WEBTOON (WBTN) insider stake to 223K

Rhea-AI Filing Summary

WEBTOON Entertainment Inc. director and officer Kim Yongsoo had 985 shares of Common Stock withheld at $11.46 per share to cover income tax obligations tied to vesting equity awards. This was a tax-withholding disposition, not an open-market sale. After this transaction, Kim holds 223,205 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kim Yongsoo

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	985	$11.46	$11K

Holdings After Transaction: Common Stock — 223,205 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 985 shares Withholding price per share: $11.46 per share Shares held after transaction: 223,205 shares

3 metrics

Shares withheld for taxes 985 shares Income tax withholding on vesting equity awards

Withholding price per share $11.46 per share Value used for tax-withholding disposition

Shares held after transaction 223,205 shares Direct ownership by Kim Yongsoo after withholding

Key Terms

income tax withholding, net settlement, equity awards, Form 4

4 terms

income tax withholding financial

"withheld by the Issuer to satisfy income tax withholding and remittance obligations"

net settlement financial

"in connection with the vesting and net settlement of the Reporting Person's equity awards"

equity awards financial

"net settlement of the Reporting Person's equity awards, previously reported on a Form 4"

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

Form 4 regulatory

"equity awards, previously reported on a Form 4, and does not represent a sale"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		F(1)		985	D	$11.46	223,205	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 4, and does not represent a sale by the Reporting Person.

Remarks:

President and Director

	/s/ Maximilian Jo, as Attorney-in-Fact for Yongsoo Kim	04/16/2026
	** 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 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) insider Kim Yongsoo report in this Form 4?

Kim Yongsoo reported that 985 shares of WEBTOON Common Stock were withheld at $11.46 per share to satisfy income tax obligations from vesting equity awards. This was an automatic tax-withholding event rather than a voluntary market trade by the insider.

Was the WEBTOON (WBTN) Form 4 transaction an insider sale of shares?

No, the filing specifies the 985 shares represent withholding by WEBTOON to cover income tax and remittance obligations on vesting equity awards. The footnote clearly states this transaction does not represent a sale by the reporting person into the open market.

How many WEBTOON (WBTN) shares does Kim Yongsoo hold after this transaction?

After the tax-withholding disposition, Kim Yongsoo directly holds 223,205 shares of WEBTOON Common Stock. This figure reflects his remaining direct ownership following the 985 shares withheld to satisfy income tax obligations related to the vesting and net settlement of equity awards.

What does a tax-withholding disposition mean in WEBTOON (WBTN) insider filings?

A tax-withholding disposition means the company withholds a portion of vested shares, here 985 shares, to pay required income tax and remittance obligations. It is a mechanical step tied to equity award vesting, not an elective open-market purchase or sale by the insider.

Does this WEBTOON (WBTN) Form 4 indicate a change in insider sentiment?

The Form 4 reflects a routine tax-withholding event, where 985 vested shares were withheld to cover income taxes. Because it is not an open-market trade, it generally provides limited insight into the insider’s personal view on WEBTOON’s stock value or future prospects.