Kim Yongsoo 4
Research Summary
AI-generated summary
WEBTOON (WBTN) Chief Strategy Officer Kim Yongsoo Receives RSU Award
What Happened
Kim Yongsoo, Chief Strategy Officer and Head of Global WEBTOON, was granted 37,868 restricted stock units (RSUs) on 2026-01-30. The Form 4 reports the acquisition at $0.00 per unit (total reported consideration $0). Each RSU entitles the holder to one share of common stock upon vesting.
Key Details
- Transaction date: 2026-01-30 (Form 4 filed 2026-02-02; filing appears timely).
- Transaction type/code: Award/Grant (A).
- Units granted: 37,868 RSUs; reported acquisition price: $0.00; reported total: $0.
- Vesting: 30% on Feb 15, 2026; 30% on Feb 15, 2027; 40% on Feb 15, 2028, subject to continued employment (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Other notes: Footnote clarifies these are RSUs that convert to one share each upon vesting. No 10b5-1 plan, tax-withholding, or late-filing flag is reported.
Context
RSUs are a form of compensation that deliver shares only if and when they vest; they are not an open-market purchase or sale and do not by themselves signal a buy/sell decision by the insider. Vesting is tied to continued employment, so the shares will convert to common stock over the next three years if the insider remains employed.