NAVER Unregistered Executive Lee Do-kyung Acquires 500 Shares via Stock Options, Dilution Negligible

Lee Do-kyung, an unregistered executive at NAVER, exercised stock options on June 11, 2026 to acquire 500 common shares at 131,000 KRW per share.
His total holdings increased to 1,828 shares, representing 0.00% of total outstanding shares of 156,944,242, resulting in negligible dilution for existing shareholders.
The exercise price of 131,000 KRW is significantly below the current market price of 243,500 KRW, benefiting the insider, but the small scale limits any material market impact.
[AI Summary]This minor insider stock option exercise has a dilution impact of less than 0.01%, posing no material risk to shareholder value. The slight increase in insider ownership is not a significant factor for investors.