WEBTOON director has 28,887 shares withheld for taxes

WEBTOON Entertainment Inc. director and officer Kim Junkoo reported a tax-related share disposition.

Rhea-AI Filing Summary

WEBTOON Entertainment Inc. director and officer Kim Junkoo reported a tax-related share disposition. On April 26, 2026, 28,887 shares of common stock at $11.13 per share were withheld by the company to cover income tax obligations from vesting equity awards, which the footnote clarifies is not a sale. After this withholding, Kim directly holds 659,824 common shares.

Insider Trade Summary

Exercise Price or Tax Liability: 28,887 shares

Exercise Price or Tax Liability 1 txn

Insider Kim Junkoo

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	28,887	$11.13	$322K

Holdings After Transaction: Common Stock — 659,824 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares withheld for tax: 28,887 shares Withholding price: $11.13 per share Shares owned after transaction: 659,824 shares +1 more

4 metrics

Shares withheld for tax 28,887 shares Common Stock withheld on April 26, 2026 for income tax obligations

Withholding price $11.13 per share Price per WEBTOON common share used in tax-withholding disposition

Shares owned after transaction 659,824 shares Common shares directly owned by Kim Junkoo following the withholding

Tax-withholding shares (summary) 28,887 shares TaxWithholdingShares reported in transaction summary for this Form 4

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

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did WEBTOON (WBTN) report for Kim Junkoo?

WEBTOON reported that director and officer Kim Junkoo had 28,887 common shares withheld by the company to satisfy income tax obligations tied to vesting equity awards, at $11.13 per share. The footnote explains this withholding does not represent an open-market sale by Kim.

Did Kim Junkoo sell WEBTOON (WBTN) shares in this Form 4 filing?

No, the Form 4 states the 28,887 WEBTOON shares were withheld by the issuer for income tax withholding and remittance on vesting equity awards. The footnote explicitly notes this withholding “does not represent a sale” by Kim, distinguishing it from an open-market transaction.

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

After the tax-withholding transaction, Kim Junkoo directly holds 659,824 shares of WEBTOON common stock. This figure is reported as the total shares beneficially owned following the withholding, giving context for the size of the tax-related disposition relative to his remaining position.

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

The 28,887 WEBTOON shares withheld for tax purposes were valued at $11.13 per share. This per-share price is reported for the common stock involved in the transaction and is used in connection with satisfying income tax withholding and remittance obligations on vesting equity awards.

How is this WEBTOON (WBTN) Form 4 transaction classified by the SEC codes?

The Form 4 classifies the transaction with code F, meaning shares were used to pay exercise price or tax liability. It is recorded as a non-derivative disposition for 28,887 common shares, designated as a tax-withholding disposition rather than a discretionary buy or sell.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/27/2026 - 05:48 PM EDT Learn about SEC filing dates

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 Junkoo

(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)		28,887	D	$11.13	659,824	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:

Founder, CEO and Chairman of the Board

	/s/ Maximilian Jo, as Attorney-in-Fact for Junkoo 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)