MP4 and WebM package different common codecs
MP4 is a container commonly used with H.264 video and AAC sound. WebM is designed for web media and commonly uses VP8 or VP9 video with Vorbis or Opus audio. This page specifically creates VP9 with Opus when audio is present. A website requesting WebM may need that combination, while another destination may prefer your original MP4. Keep both files until you have checked the requirements and playback behavior of the place where the clip will appear.
What the browser encodes for this output
The engine selects the primary video and audio tracks. A track already using the target codec can be copied; a different supported codec is encoded again. For a typical H.264/AAC source, both picture and sound need conversion. Newly encoded video targets 8 Mbps, and newly encoded audio targets 192 kbps. No resize or crop is requested on the WebM path. Extra soundtracks, subtitle tracks and attachments are not carried into the output file.
Why a web format is not a size guarantee
A WebM extension does not set a file size. Duration, image content and encoding settings all affect the result, and this converter does not offer a size target. An already compressed source can produce a larger copy. Compare the actual output size and inspect moving areas, small text and gradients before replacing a website asset. If the original already meets your requirements, retaining it may be more useful than accepting a larger file just for its extension.
Check both conversion support and destination playback
The browser must support the necessary decoding and encoding for the selected tracks. A file with an unsupported audio track can fail even when its picture plays elsewhere. Successful conversion also does not prove that every receiving application will accept VP9 WebM. Preview the result, then test it in the intended player. Changing the format does not remove a background or create transparency, so use a separate editing workflow if the visual content itself needs to change.