Kim Yongsoo 4
4 · WEBTOON Entertainment Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
WEBTOON (WBTN) President Kim Yongsoo Withholds 1,964 Shares for Taxes
What Happened
Kim Yongsoo, President and Director of WEBTOON Entertainment (WBTN), had 1,964 shares withheld by the company to satisfy income tax withholding related to the vesting/net settlement of equity awards. The shares were withheld at $9.21 per share, totaling $18,088. This withholding is a tax-payment action and is not a sale by the reporting person.
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-16 (appears timely).
- Action: Tax withholding in connection with vesting/net settlement (transaction code F).
- Shares withheld: 1,964 at $9.21 per share; aggregate value $18,088.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: F1 clarifies these shares were withheld by the issuer to satisfy income tax withholding and remittance obligations and "does not represent a sale by the Reporting Person."
Context
This was a routine tax-withholding/net settlement related to vested equity (a cashless mechanism), not an open-market sale or purchase. Such withholdings are administrative and do not necessarily indicate insider buying or selling intent.
Insider Transaction Report
Form 4
Kim Yongsoo
DirectorSee Remarks
Transactions
- Tax Payment
Common Stock
[F1]2026-03-15$9.21/sh−1,964$18,088→ 157,260 total
Footnotes (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.
Signature
/s/ Maximilian Jo, as Attorney-in-Fact for Yongsoo Kim|2026-03-16