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  4. [Form 4] Webull Corp Insider Trading Activity

Webull (NASDAQ: BULL) president sells 53.8K shares, keeps 2.3M

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

Rhea-AI Filing Summary

Webull Corp (BULL) director and President Anthony Michael Denier reported a sale of 53,848 Class A Ordinary Shares on 2026-08-25 at a weighted average price of $8.8324 per share. The trade was executed under a Rule 10b5-1 trading plan adopted on May 26, 2026, and Denier now holds 2,332,295 shares directly.

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Insider Denier Anthony Michael
Role President
Sold 53,848 shs ($476K)
Type Security Shares Price Value
Sale Class A Ordinary Shares F1, F2 53,848 $8.8324 $476K
Holdings After Transaction: Class A Ordinary Shares — 2,332,295 shares (Direct)
Footnotes (2)
  1. F1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2026.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.4200 to $9.0050, 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.
Shares sold 53,848 Class A Ordinary Shares Non-derivative sale on 2026-08-25
Weighted average sale price $8.8324 per share Class A Ordinary Shares sold on 2026-08-25
Sale price range $8.4200 to $9.0050 per share Multiple transactions comprising the reported weighted average price
Shares owned after transaction 2,332,295 Class A Ordinary Shares Direct ownership by Anthony Michael Denier following the sale
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
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.

FAQ

What insider transaction did Webull Corp (BULL) report in this Form 4?
Webull Corp reported that President and director Anthony Michael Denier sold 53,848 Class A Ordinary Shares on 2026-08-25 in an open-market or private sale transaction.

At what price were the BULL shares sold in this insider transaction?
The reported price is a weighted average of $8.8324 per share. The shares were sold in multiple trades between $8.4200 and $9.0050, inclusive.

How many Webull Corp (BULL) shares does Anthony Michael Denier hold after the sale?
After the reported sale, Anthony Michael Denier directly holds 2,332,295 Class A Ordinary Shares of Webull Corp.

Was the BULL insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan that Anthony Michael Denier adopted on May 26, 2026.

How many total BULL shares were sold in this Form 4 filing?
The Form 4 reports the sale of 53,848 Class A Ordinary Shares of Webull Corp in this transaction.

Does the Form 4 indicate how the BULL sale prices were distributed within the range?
The filing notes that shares were sold between $8.4200 and $9.0050. It states full detail on the number of shares at each price is available upon request from the issuer, any security holder, or SEC staff.

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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).
X
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)
08/25/2026		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 Shares08/25/2026S(1)53,848D$8.8324(2)2,332,295D
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 transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2026.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.4200 to $9.0050, 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-fact08/26/2026
** 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)

Source: View Original Filing on SEC EDGAR