WEBTOON (WBTN) President Kim Yongsoo Receives RSU Award

What Happened

• Kim Yongsoo, President and Director of WEBTOON Entertainment Inc. (WBTN), was granted 66,930 restricted stock units (RSUs) on March 26, 2026. The RSUs were reported at an acquisition price of $0.00 (a compensation award rather than a purchase), so no cash changed hands at grant.

Key Details

• Transaction date: March 26, 2026; Form 4 filed April 7, 2026 (appears to be filed after the standard 2-business-day window).
• Amount: 66,930 RSUs granted, reported at $0.00 per unit.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs convert to one share each upon vesting. Vesting schedule is 30% on April 26, 2026; 30% on April 26, 2027; and 40% on April 26, 2028, subject to continued employment through each vesting date.

Context

• RSU grants are a common form of executive compensation and do not represent an open-market purchase or sale; they generally align executive compensation with shareholder value over time. This award will only become actual shares if vesting conditions are met. The later filing date may indicate a delayed Form 4 submission; investors tracking insider timing should note the potential reporting delay.