Artist Company: Lee Jung-jae, related parties' stake falls to 27.12%
Artist Company disclosed that Lee Jung-jae and related parties now hold 27.12 percent, after Jung Woo-sung resigned as an internal director on October 2, 2026.
Artist Company disclosed on October 8, 2026, that its largest shareholder Lee Jung-jae and related parties hold a combined 27.12 percent stake, according to digitaltoday.co.kr.
The reported holdings fell by 1,714,108 shares from the previous report, a decline of 11.00 percentage points. The company attributed the change to the termination of a special relationship after Jung Woo-sung resigned as an internal director of Artist Company on October 2, 2026.
Lee Jung-jae's own holdings are 4,225,882 shares, a 27.10 percent stake. Kim Hyung-suk holds 3,000 shares, a 0.02 percent stake. Jung Woo-sung's own share count remained unchanged.
As of the prior report date of September 29, 2026, Lee Jung-jae and related parties held 5,942,990 shares, a 38.12 percent stake.
Background
Artist Company was listed on the KOSDAQ market on February 3, 2021, in the software development and supply sector. As of the 2025 December fiscal year, its consolidated assets totaled 71.6 billion won, liabilities 32 billion won, and equity 39.6 billion won, with revenue of 46.7 billion won, an operating loss of 4 billion won, and net income of 1.1 billion won.
Quick answers
Who is Artist Company's largest shareholder?
Lee Jung-jae is Artist Company's largest shareholder, with 4,225,882 shares, a 27.10 percent stake.
Why did Artist Company's reported holdings change?
The reported holdings dropped by 1,714,108 shares, or 11.00 percentage points, after Jung Woo-sung resigned as an internal director on October 2, 2026, terminating a special relationship.