STOCK TITAN

Webull Corp (BULL) president Denier sells 75,000 Class A shares in market

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Webull Corp director and president Anthony Michael Denier sold Class A Ordinary Shares in an open-market transaction. He sold 75,000 shares at a weighted average price of $6.2244 per share, with individual sale prices ranging from $6.2050 to $6.2500.

After this sale, he directly holds 2,386,143 Class A Ordinary Shares. The transaction was reported as a routine open-market sale of non-derivative equity, with no remaining derivative positions disclosed in this filing.

Positive

  • None.

Negative

  • None.

Insights

Insider executed a relatively small open-market sale while retaining a large stake.

Director and president Anthony Michael Denier conducted an open-market sale of 75,000 Webull Corp Class A Ordinary Shares at a weighted average price of $6.2244. Individual trades occurred between $6.2050 and $6.2500, indicating typical market execution within a narrow range.

Following the sale, he directly holds 2,386,143 shares, so the transaction represents a small portion of his disclosed position. No option exercises or other derivative transactions appear in this filing, suggesting this is a straightforward equity sale without changes to derivative exposure.

Insider Denier Anthony Michael
Role President
Sold 75,000 shs ($467K)
Type Security Shares Price Value
Sale Class A Ordinary Shares 75,000 $6.2244 $467K
Holdings After Transaction: Class A Ordinary Shares — 2,386,143 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 75,000 shares Open-market sale of Class A Ordinary Shares
Weighted average sale price $6.2244 per share Average price across multiple sale transactions
Post-transaction holdings 2,386,143 shares Directly held Class A Ordinary Shares after sale
Sale price range low $6.2050 per share Lowest price in individual sale trades
Sale price range high $6.2500 per share Highest price in individual sale trades
Class A Ordinary Shares financial
"security_title: "Class A Ordinary Shares""
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 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.
non-derivative financial
"transaction_type: "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Denier Anthony Michael

(Last)(First)(Middle)
44 WALL STREET
2ND FLOOR

(Street)
NEW YORK NEW YORK 10005

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares05/26/2026S75,000D$6.2244(1)2,386,143D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $6.2050 to $6.2500, 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-fact05/27/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Webull Corp (BULL) report in this Form 4?

Webull Corp reported that director and president Anthony Michael Denier sold 75,000 Class A Ordinary Shares in an open-market transaction. The shares were sold at a weighted average price of $6.2244 per share, with prices ranging from $6.2050 to $6.2500.

At what prices did Anthony Michael Denier sell Webull Corp (BULL) shares?

The reported sale used a weighted average price of $6.2244 per share. According to the filing, individual transactions occurred at prices between $6.2050 and $6.2500, and the reporting person can provide detailed breakdowns of shares sold at each price upon request.

How many Webull Corp (BULL) shares does Anthony Michael Denier hold after the sale?

After selling 75,000 Class A Ordinary Shares, Anthony Michael Denier directly holds 2,386,143 Webull Corp Class A Ordinary Shares. This indicates that the disclosed transaction covered only a small fraction of his total reported direct holdings in the company’s equity.

Was the Webull Corp (BULL) insider trade an open-market sale?

Yes. The Form 4 describes the transaction as an open-market sale of non-derivative Class A Ordinary Shares, coded as “S.” The filing also notes the use of a weighted average price based on multiple trades executed within a narrow intraday price range.

Did the Webull Corp (BULL) Form 4 include any option exercises or derivative trades?

No. The filing only reports a sale of non-derivative Class A Ordinary Shares by Anthony Michael Denier. The derivative transaction summary shows no option exercises, conversions, or other derivative activity, and there are no remaining derivative positions disclosed in this report.