WEBTOON (WBTN) awards 178,480 RSUs to director Junkoo Kim
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kim Junkoo reported acquisition or exercise transactions in this Form 4 filing.
WEBTOON Entertainment Inc. director and officer Junkoo Kim received a grant of 178,480 shares of common stock on March 26, 2026 as a stock award with no cash purchase price. The reported securities are in the form of restricted stock units, each convertible into one share upon vesting.
The RSUs 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 vesting date. After this grant, Kim directly holds 688,711 shares of WEBTOON common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim Junkoo
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 178,480 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 688,711 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 178,480 shares
Grant price per share: $0.0000 per share
Holdings after transaction: 688,711 shares
+3 more
6 metrics
RSU grant size
178,480 shares
Restricted stock units granted on March 26, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the RSU award
Holdings after transaction
688,711 shares
Total WEBTOON common shares directly held after the grant
First vesting tranche
30% on April 26, 2026
Initial RSU vesting installment subject to continued employment
Second vesting tranche
30% on April 26, 2027
Second RSU vesting installment subject to continued employment
Final vesting tranche
40% on April 26, 2028
Final RSU vesting installment subject to continued employment
Key Terms
restricted stock units ("RSUs"), vesting, continued employment
3 terms
restricted stock units ("RSUs") financial
"The reported securities represent restricted stock units ("RSUs") which each entitle the reporting person to receive one share"
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
"RSUs will vest in three installments of 30% on April 26, 2026, 30% on April 26, 2027 and 40% on April 26, 2028"
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
"subject to continued employment through each such date"
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.
FAQ
What did WEBTOON (WBTN) director Junkoo Kim report in this Form 4?
Junkoo Kim reported receiving 178,480 shares of WEBTOON common stock as a stock award. The award is structured as restricted stock units that each convert into one share upon vesting, increasing his direct holdings to 688,711 shares.
What is the vesting schedule for Junkoo Kim’s WEBTOON (WBTN) RSUs?
The restricted stock units vest in three stages: 30% on April 26, 2026, 30% on April 26, 2027, and 40% on April 26, 2028. Vesting is conditioned on Junkoo Kim’s continued employment through each respective vesting date.
What conditions apply to Junkoo Kim’s WEBTOON (WBTN) RSU vesting?
The RSUs vest only if Junkoo Kim remains employed through each vesting date. The schedule is 30% on April 26, 2026, 30% on April 26, 2027, and 40% on April 26, 2028, tying the award to continued service.