According to reports circulating on April 1 (KST), regulatory filings submitted to South Korea’s Financial Services Commission show that American music executive Scooter Braun disposed of all 362,292 HYBE shares as of March 30, 2026. The filing lists the transaction under “executive retirement,” suggesting a complete withdrawal from his remaining executive roles.

Braun had previously stepped down as CEO of HYBE America in July 2025 but continued to serve as a board director and senior advisor to HYBE chairman Bang Si-hyuk. He was also known as the company’s second-largest individual shareholder. With this latest development, industry watchers believe Braun’s involvement with HYBE has now officially ended.

The news has triggered mixed reactions among global fans. Some expressed relief and even celebrated the move, citing long-standing criticism and calls for HYBE to distance itself from Braun. Others, however, argued that his departure alone may not significantly change the company’s broader direction or affiliations.

Braun’s exit marks the end of a notable chapter in HYBE’s global expansion era, during which the company strengthened its presence in the U.S. market through HYBE America.

Sources: Koreaboo