Webull Corp (BULL) director discloses 12,500 RSUs set to vest in 2026

Rhea-AI Filing Summary

Webull Corp director William A. Houlihan filed an initial ownership report showing 12,500 restricted share units (RSUs). These RSUs relate to Class A Ordinary Shares. According to the disclosure, 100% of the 12,500 RSUs will vest on April 10, 2026, if he continues in service through that date. Each RSU represents a contingent right to receive one Class A Ordinary Share upon vesting, so this filing mainly outlines his starting equity-based compensation position rather than any open‑market trading activity.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

HOULIHAN WILLIAM A

(Last) (First) (Middle)

92 BONNIE WAY

(Street)

ALLENDALE NJ 07401

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Webull Corp [ BULL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	(1)	Class A Ordinary Shares	12,500	$0	D

Explanation of Responses:

1. 100% of these restricted share units ("RSUs") will vest on April 10, 2026. Each RSU represents a contingent right to receive one Class A Ordinary Share, subject to the Reporting Person's continued service through the vesting date.

	/s/ Liwei Cao, attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider position did Webull Corp (BULL) director William A. Houlihan report?

William A. Houlihan reported beneficial ownership of 12,500 restricted share units (RSUs) tied to Webull Corp Class A Ordinary Shares. This Form 3 filing establishes his initial equity-based holding as a director, rather than disclosing any open-market purchase or sale of shares.

When do William A. Houlihan’s Webull Corp (BULL) RSUs vest?

All 12,500 of William A. Houlihan’s restricted share units vest on April 10, 2026. Vesting is contingent on his continued service through that date, meaning he must remain in his role to receive the underlying Class A Ordinary Shares.

What does each RSU reported by Webull Corp (BULL) director represent?

Each restricted share unit reported by William A. Houlihan represents a contingent right to receive one Class A Ordinary Share of Webull Corp. The RSUs convert into actual shares only upon vesting, assuming he continues to provide service through the specified vesting date.

Is William A. Houlihan buying or selling Webull Corp (BULL) shares in this Form 3?

The Form 3 does not show any buy or sell transaction; it records an existing holding of 12,500 restricted share units. This filing serves as an initial statement of beneficial ownership for a director, not a disclosure of open-market trading activity.

What type of security did Webull Corp (BULL) disclose for William A. Houlihan?

Webull Corp disclosed restricted share units for William A. Houlihan, with underlying Class A Ordinary Shares. The RSUs have an exercise price of zero and will convert into 12,500 shares upon vesting on April 10, 2026, subject to continued service.