---
schema_version: "secwatch.filing_event.v1"
accession: "0001997859-26-000040"
form_type: "8-K"
ticker: "WBTN"
cik: "0001997859"
company_name: "WEBTOON Entertainment Inc."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:27:56.963748+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Webtoon Entertainment approves $250,350 annual housing allowance for CEO relocation from Korea

## Summary
- CEO receives fixed $250,350 annual cash allowance, paid monthly, for two years starting April 1, 2026.
- Allowance grossed up for taxes; based on Mercer Mobility criteria.
- Policy tied to relocation of CEO's primary residence from Korea to United States for business operations.
- CEO must be actively employed to receive payment; policy subject to modification or withdrawal.

## SEC filing metadata
- accession: 0001997859-26-000040
- form_type: 8-K
- ticker: WBTN
- cik: 0001997859
- company_name: WEBTOON Entertainment Inc.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000040/0001997859-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000040/wbtn-20260326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001997859-26-000040
- JSON: https://secwatch.observer/filing/0001997859-26-000040.json
- Plain text: https://secwatch.observer/filing/0001997859-26-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.