Webull Corp (BULL) director awarded 42,471 RSUs with 2027 vesting

Rhea-AI Filing Summary

HOULIHAN WILLIAM A reported acquisition or exercise transactions in this Form 4 filing.

Webull Corp director William A. Houlihan received a grant of 42,471 Restricted Share Units (RSUs). These RSUs were granted on April 13, 2026 and each represents a contingent right to receive one Class A Ordinary Share if service conditions are met.

The RSUs are scheduled to vest on April 10, 2027, subject to Houlihan’s continued service with Webull through that date. Settlement of the vested RSUs has been deferred at Houlihan’s election to the earlier of the fifth anniversary of the grant date or 30 days after his separation from service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HOULIHAN WILLIAM A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Units	42,471	$0.00	--

Holdings After Transaction: Restricted Share Units — 42,471 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 42,471 units Shares underlying RSUs: 42,471 Class A Ordinary Shares Vesting date: April 10, 2027 +3 more

6 metrics

RSUs granted 42,471 units Grant to director on April 13, 2026

Shares underlying RSUs 42,471 Class A Ordinary Shares Each RSU equals one share if vested

Vesting date April 10, 2027 RSUs vest if service continues through this date

Deferral period Up to 5 years from grant Settlement deferred to fifth anniversary or 30 days after separation

Price per RSU $0.00 Equity award, not a market purchase

Holdings after grant 42,471 RSUs Total restricted share units following transaction

Key Terms

Restricted Share Units, Class A Ordinary Shares, vest, separation from service, +1 more

5 terms

Restricted Share Units financial

"100% of these restricted share units ("RSUs") were granted on April 13, 2026"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Class A Ordinary Shares financial

"Each RSU represents a contingent right to receive one Class A Ordinary Share"

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.

vest financial

"were granted on April 13, 2026 and are scheduled to vest on April 10, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

separation from service financial

"the 30th day following the Reporting Person's separation from service from the Issuer"

contingent right financial

"Each RSU represents a contingent right to receive one Class A Ordinary Share"

Form 4 Insider Transactions: What Each Field Means →

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^*

HOULIHAN WILLIAM A

(Last) (First) (Middle)

92 BONNIE WAY

(Street)

ALLENDALE NEW JERSEY 07401

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

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

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
Restricted Share Units	$0	04/13/2026		A		42,471		(1)	(1)	Class A Ordinary Shares	42,471	$0	42,471	D

Explanation of Responses:

1. 100% of these restricted share units ("RSUs") were granted on April 13, 2026 and are scheduled to vest on April 10, 2027. 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. The Reporting Person has elected to defer the settlement of these RSUs to the earlier of (i) the fifth anniversary of the grant date and (ii) the 30th day following the Reporting Person's separation from service from the Issuer.

	/s/ Liwei Cao, attorney-in-fact	04/14/2026
	** 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)

FAQ

What insider transaction did Webull Corp (BULL) disclose for William A. Houlihan?

Webull Corp reported that director William A. Houlihan received a grant of 42,471 Restricted Share Units. These RSUs are a form of equity compensation that may convert into Class A Ordinary Shares if vesting and service conditions described in the disclosure are satisfied.

When do William A. Houlihan’s 42,471 RSUs at Webull Corp (BULL) vest?

All 42,471 Restricted Share Units granted to William A. Houlihan are scheduled to vest on April 10, 2027. Vesting is contingent on his continued service with Webull Corp through that date, meaning he must remain in his role until vesting occurs.

How many Webull Corp (BULL) Class A Ordinary Shares could William A. Houlihan receive from this grant?

The grant covers 42,471 Restricted Share Units, each linked to one Class A Ordinary Share. If all vesting and service conditions are met, and the RSUs are ultimately settled, Houlihan could receive up to 42,471 Class A Ordinary Shares from this specific award.

Did William A. Houlihan buy or sell Webull Corp (BULL) shares in this Form 4?

The Form 4 shows an acquisition through an equity award, not a market trade. Houlihan received 42,471 Restricted Share Units as a grant, classified as a grant or award acquisition rather than an open-market purchase or sale of existing Webull shares.

How did William A. Houlihan defer settlement of his Webull Corp (BULL) RSUs?

Houlihan elected to defer settlement of the RSUs to the earlier of two events. These are the fifth anniversary of the April 13, 2026 grant date or the 30th day following his separation from service from Webull Corp, whichever happens first.

What does each Webull Corp (BULL) RSU granted to William A. Houlihan represent?

Each RSU represents a contingent right to receive one Class A Ordinary Share of Webull Corp. This right depends on fulfilling the stated vesting condition, which is Houlihan’s continued service through April 10, 2027, and subsequent settlement timing as elected in the filing.