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Form 3 WEBTOON Entertainment For: Apr 10 Filed by: Chae Yuki

April 16, 2026 6:10 PM
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Chae Yuki
(Last) (First) (Middle)
5700 WILSHIRE BLVD., SUITE 220
(Street)
LOS ANGELES CA 90036
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/10/2026 		3. Issuer Name and Ticker or Trading Symbol
WEBTOON Entertainment Inc. [ WBTN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Product Officer
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 149,822
D (1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option (2) 11/23/2028 Common Stock 52,740 11.04 D
Option (2) 10/07/2029 Common Stock 12,240 13.04 D
Option (2) 12/26/2030 Common Stock 18,000 32.3 D
Option (3) 11/22/2031 Common Stock 60,000 20.34 D
Option (4) 05/10/2032 Common Stock 14,400 22.5 D
Explanation of Responses:
1. A portion of the reported securities represent restricted stock units ("RSUs") which each entitle the reporting person to receive one share of common stock upon vesting. The RSUs vest as follows: (i) 72,177 RSUs vest in two installments of 30,933 RSUs on May 28, 2026 and 41,244 RSUs on May 28, 2027; (ii) 7,297 RSUs vest on March 5, 2027; (iii) 17,848 RSUs vest in three installments of 30% on April 25, 2026, 30% on April 25, 2027 and 40% on April 25, 2028; and (iv) 10,622 RSUs vest in three installments of 30% on May 10, 2026, 30% on May 10, 2027 and 40% on May 10, 2028, subject to continued employment through each such date.
2. All of the shares subject to the option are fully vested and exercisable as of the date hereof.
3. All of the shares subject to the option will vest on November 22, 2026, subject to continued employment through the vesting date.
4. All of the shares subject to the option will vest on May 11, 2027, subject to continued employment through the vesting date.
Remarks:
Exhibit 24 - Power of Attorney
Maximilian Jo, as Attorney-in-Fact for Yuki Chae 04/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

ATTACHMENTS / EXHIBITS

EX-24

Categories

SEC Filings