WEBTOON (WBTN) President Kim Yongsoo — Tax-Withheld 985 Shares

What Happened
Kim Yongsoo, President and Director of WEBTOON Entertainment Inc. (WBTN), had 985 shares withheld by the company on April 15, 2026 to satisfy income tax withholding related to the vesting and net settlement of equity awards. The withholding was reported at $11.46 per share, totaling $11,288. This was a tax-withholding/net-settlement action (transaction code F), not an open-market sale by the insider.

Key Details

• Transaction date: 2026-04-15; Filing date: 2026-04-16 (timely).
• Shares withheld: 985 at $11.46 each; total value ~$11,288.
• Transaction code: F — shares withheld to satisfy tax withholding on vested awards.
• Footnote: F1 clarifies the shares were withheld by the issuer and do not represent a sale by the reporting person.
• Shares owned after transaction: Not disclosed in the filing.

Context
This was a routine net-settlement/tax-withholding of vested equity and does not indicate an insider-initiated sale or change in ownership intent. For retail investors, purchases or open-market sales by insiders are typically more informative about sentiment; tax-withholdings on vesting are common and administrative.