WEBTOON (WBTN) director uses 6,178 shares to settle tax on awards

Rhea-AI Filing Summary

WEBTOON Entertainment Inc. director and officer Kim Yongsoo reported a tax-related share withholding rather than a market sale. On the reported date, 6,178 shares of common stock were withheld by WEBTOON at $11.13 per share to cover income tax obligations tied to vested equity awards. After this net settlement, Kim directly holds 217,027 shares of WEBTOON common stock. The filing notes that this withholding does not represent a discretionary sale by the reporting person.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kim Yongsoo

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	6,178	$11.13	$69K

Holdings After Transaction: Common Stock — 217,027 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 6,178 shares Withholding share price: $11.13 per share Shares held after transaction: 217,027 shares

3 metrics

Shares withheld for taxes 6,178 shares Common stock withheld to satisfy income tax obligations

Withholding share price $11.13 per share Value used for tax-withholding share disposition

Shares held after transaction 217,027 shares Direct holdings of common stock following tax withholding

Key Terms

tax withholding, equity awards, net settlement, Form 4

4 terms

tax withholding financial

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

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

equity awards financial

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

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.

net settlement financial

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

Form 4 regulatory

"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)
04/26/2026

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	04/26/2026		F(1)		6,178	D	$11.13	217,027	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	04/27/2026
	** 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 insider transaction did WEBTOON (WBTN) report for Kim Yongsoo?

WEBTOON reported that director and officer Kim Yongsoo had 6,178 common shares withheld to cover income tax obligations on vested equity awards. This was a tax-withholding event, not an open-market sale or purchase of WEBTOON stock.

How many WEBTOON (WBTN) shares were withheld for taxes in this Form 4?

The Form 4 shows 6,178 WEBTOON common shares were withheld at $11.13 per share. These shares satisfied income tax withholding and remittance obligations related to the vesting and net settlement of previously reported equity awards.

Does the WEBTOON (WBTN) Form 4 for Kim Yongsoo represent a stock sale?

No, the Form 4 explicitly states the 6,178 withheld shares do not represent a sale by Kim Yongsoo. The shares were retained by WEBTOON to meet tax withholding and remittance obligations arising from vested equity awards.

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

Following the tax-withholding transaction, Kim Yongsoo directly holds 217,027 WEBTOON common shares. This figure reflects his direct ownership after the issuer withheld 6,178 shares to satisfy income tax obligations on vested equity awards.

What was the price used for the WEBTOON (WBTN) tax-withholding shares?

The 6,178 WEBTOON common shares withheld for tax purposes were valued at $11.13 per share. This price was used to determine the value of shares applied toward satisfying income tax withholding and remittance obligations on vested equity awards.