Kim Yongsoo 4

What Happened
Kim Yongsoo, President and a Director of WEBTOON Entertainment (WBTN), had 6,178 shares withheld by the company to satisfy income tax withholding and remittance obligations related to the vesting and net settlement of his equity awards. The withholding was recorded at $11.13 per share for a total value of $68,761. Per the filing footnote, this withholding was executed by the issuer and does not represent an open‑market sale by the reporting person.

Key Details

• Transaction date: 2026-04-26; Filing date: 2026-04-27 (timely filing).
• Withheld shares: 6,178 at $11.13 each; total value ≈ $68,761.
• Transaction code: F — payment of exercise price or tax liability (shares withheld for taxes).
• Footnote: Shares were withheld by the issuer to satisfy income tax withholding on vested awards and do not represent a sale by the insider; these awards were previously reported on a Form 4.
• Shares owned after transaction: Not reported in this filing.

Context
This was a routine net‑settlement/tax withholding related to vested equity, not an open‑market sale. Such withholdings are common when awards vest and generally do not signal insider sentiment about the company's stock price.