Kim Hyojung 4

What Happened Kim Hyojung, Chief Product Officer of WEBTOON Entertainment (WBTN), received a grant of 17,848 restricted stock units (RSUs) on March 26, 2026. The grant is reported as an award/acquisition at $0.00 per unit (typical for RSU grants); no cash purchase or sale occurred. RSUs convert into one share of common stock each upon vesting, subject to continued employment.

Key Details

• Transaction type/date: Award of 17,848 RSUs on 2026-03-26 (reported on Form 4 filed 2026-04-07).
• Price: $0.00 per RSU (award/grant).
• Vesting schedule (footnote): 30% on April 26, 2026; 30% on April 26, 2027; 40% on April 26, 2028, subject to continued employment.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filing date (2026-04-07) is more than two business days after the March 26 transaction, so the Form 4 appears late; late filings reduce near-term transparency but are not uncommon.

Context RSU grants are a compensation event, not an open-market purchase or sale; they don’t necessarily signal an immediate buy or sell intent by the insider. Once vested, RSUs convert to shares (and may be subject to tax withholding), at which point the insider could hold or sell those shares. The specific grant value in dollars isn’t stated in the filing — fair value would depend on WEBTOON’s share price on the grant/vesting dates.