Webull CFO sells 55,000 shares at about $8.98

Webull Corp’s CFO and director reported an indirect sale of 55,000 Class A shares held by his spouse at a weighted average price near $9.

Rhea-AI Filing Summary

Webull Corp (BULL) director and Chief Financial Officer Wang Haichen55,000 Class A Ordinary SharesSeptember 14, 2026, held by his spouse. The shares were sold at a weighted average price of $8.9772 per share, with prices ranging from $8.87 to $9.095. Following this transaction, indirect holdings reported for his spouse total 772,046 shares, and no Rule 10b5-1 trading plan is indicated.

Insider Trade Summary

Net Seller: 55,000 shares

Net Sell 1 txn

Insider Wang Haichen

Role Chief Financial Officer

Sold 55,000 shs ($494K)

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares F1	55,000	$8.9772	$494K

Holdings After Transaction: Class A Ordinary Shares — 772,046 shares (Indirect, By spouse)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.8700 to $9.0950, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Key Figures

Shares sold: 55,000 shares Weighted average sale price: $8.9772 per share Sale price range: $8.87–$9.095 per share +2 more

5 metrics

Shares sold 55,000 shares Indirect sale reported for September 14, 2026

Weighted average sale price $8.9772 per share Average price across multiple sale transactions

Sale price range $8.87–$9.095 per share Range of prices for the multiple sale transactions

Indirect holdings after transaction 772,046 shares Class A Ordinary Shares held by spouse after sale

Transaction date September 14, 2026 Date of reported sale of 55,000 shares

Key Terms

weighted average price, indirect, Class A Ordinary Shares, Rule 10b5-1

4 terms

weighted average price financial

"The price reported ... is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

indirect financial

"The shares are reported as indirectly owned, with nature of ownership"

Class A Ordinary Shares financial

"Transaction involved Class A Ordinary Shares of Webull Corp"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is indicated for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Webull Corp (BULL) report for Wang Haichen?

Webull Corp reported that CFO and director Wang Haichensold 55,000 Class A Ordinary Shares on September 14, 2026, through holdings attributed to his spouse.

At what price were the 55,000 Webull (BULL) shares sold by the CFO’s spouse?

The 55,000 shares were sold at a weighted average price of $8.9772 per share. The filing states the trades occurred in multiple transactions at prices ranging from $8.87 to $9.095, inclusive.

How many Webull Corp (BULL) shares does the CFO’s spouse hold after the sale?

After the reported sale, the filing shows 772,046 Class A Ordinary Shares held indirectly by the spouse of CFO and director Wang Haichen.

Is the reported Webull (BULL) insider sale under a Rule 10b5-1 trading plan?

The filing indicates no Rule 10b5-1 trading plan for this transaction, and there is no footnote stating that the sale was made under a pre-arranged trading plan.

What type of ownership is reported for the Webull (BULL) shares sold?

The 55,000 Class A Ordinary Shares are reported as indirectly owned, with the filing specifying the nature of ownership as “By spouse”, meaning the shares are held in the spouse’s name.

What security class was involved in the Webull Corp (BULL) insider sale?

The transaction involved Class A Ordinary Shares of Webull Corp. The Form 4 reports a sale of 55,000 such shares held indirectly by the CFO’s spouse.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 06:07 AM Accepted by SEC EDGAR 09/16/2026 - 06:07 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wang Haichen

(Last) (First) (Middle)

200 CARILLON PARKWAY

(Street)

SAINT PETERSBURG FLORIDA 33716

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares	09/14/2026		S		55,000	D	$8.9772(1)	772,046	I	By spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.8700 to $9.0950, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

	/s/ Liwei Cao, attorney-in-fact	09/16/2026
	** 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 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)