Kim Junkoo 4

What Happened
Kim Junkoo, Founder, CEO and Chairman of WEBTOON Entertainment (WBTN), had 28,887 shares withheld by the company to satisfy income tax withholding related to the vesting and net settlement of his equity awards. The shares were valued at $11.13 each, totaling $321,512, and are reported on a Form 4 dated 2026-04-26 (filed 2026-04-27). The filing notes the withholding was done by the issuer and “does not represent a sale by the Reporting Person.”

Key Details

• Transaction date: 2026-04-26; reported/Filed: 2026-04-27 (timely filing).
• Shares affected: 28,887 shares withheld at $11.13 per share; total value ≈ $321,512.
• Transaction code: F — withholding to satisfy tax obligations related to vesting/net settlement.
• Shares owned after transaction: Not specified in the supplied report.
• Footnote: Confirms issuer withheld shares for taxes and that this is not an open-market sale by Kim Junkoo.

Context
This is a routine tax-withholding action tied to equity award vesting (often seen with RSUs or net-settlement of option exercises). It should not be interpreted as an insider selling stock in the open market; purchases typically signal stronger insider conviction, while share withholdings for taxes are administrative and common.