Kim Junkoo 4

What Happened
Kim Junkoo, founder, CEO and Chairman of WEBTOON Entertainment (WBTN), was granted 178,480 restricted stock units (RSUs) on March 26, 2026. The grant is reported as an award (Form 4 code A) at $0.00 per unit (total reported value $0). These RSUs are not shares yet; each RSU converts to one share of common stock only upon vesting.

Key Details

• Transaction date: 2026-03-26 (reported on Form 4 filed 2026-04-07).
• Price: $0.00 per RSU (award/grant).
• RSU vesting schedule (footnote): 30% on Apr 26, 2026; 30% on Apr 26, 2027; 40% on Apr 26, 2028 — vesting is subject to continued employment through each date.
• Shares owned after the transaction: Not specified in this filing.
• Filing timeliness: Form 4 was filed 12 days after the transaction (typically due within 2 business days), so this appears to be a late filing.

Context
RSUs are a form of equity compensation that convert to actual shares only when they vest; they are commonly used for executive compensation and retention. This grant is neither a market purchase nor a sale, so it does not directly signal buying or selling pressure. Retail investors should note vesting dates if they want to anticipate when new shares could enter the open market.