Welcome to our dedicated page for Webull SEC filings (Ticker: BULL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Webull Corporation (NASDAQ: BULL) files reports and other documents with the U.S. Securities and Exchange Commission as a foreign private issuer. This SEC filings page for BULL brings those regulatory disclosures together with AI-powered tools that help explain their contents in plain language.
Through filings such as Form 6-K and the Annual Report on Form 20-F, Webull provides information on its financial performance, trading-related revenue, operating expenses, and non-GAAP measures like adjusted operating profit, adjusted net income, and adjusted operating expenses. These documents also describe key operating metrics, including customer assets, funded accounts, options contracts volume, equity notional volume, and registered users, along with definitions that clarify how each metric is calculated and why it matters for the business.
Webull’s filings include discussions of risk factors and forward-looking statements, addressing topics such as reliance on trading-related income, exposure to market volatility and interest rates, dependence on market makers and liquidity providers, regulatory considerations around practices like payment for order flow, global expansion risks, cybersecurity and data privacy, and developments in cryptocurrency markets. The company also discloses information about its regulatory status, including that Webull Financial LLC is registered with the SEC and CFTC and is a member of FINRA, NFA, and SIPC, and that advisory services are provided by Webull Advisors LLC.
On this page, AI-generated summaries highlight the most important points from Webull’s 6-Ks, 20-F, and related exhibits, helping users quickly understand changes in revenues, profitability, capital position, and risk disclosures without reading every line of each filing. Investors can also review insider- and executive-related filings, when available, to monitor equity-based compensation, ownership changes, and other governance matters associated with BULL.
Webull Corp received a Schedule 13G reporting that investment entities affiliated with PEAK6, along with founders Matthew Hulsizer and Jennifer Just, beneficially own a significant minority stake in the company’s Class A ordinary shares as of 12/31/2025.
PEAK6 Capital Management LLC, PEAK6 LLC, PEAK6 Investments LLC and PEAK6 Group LLC each report beneficial ownership of 27,183,470 Class A shares, representing 6.5% of the class, with shared voting and dispositive power. PEAK6 Foundation separately reports 1,000,000 shares, or 0.2% of the class, also on a shared basis.
Individually, Matthew Hulsizer and Jennifer Just each report beneficial ownership of 28,183,470 Class A shares, equal to 6.7% of the class, all with shared voting and dispositive power. The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Webull Corp.
Webull Corp received an amended Schedule 13G showing that several PEAK6-affiliated entities and individuals collectively report a significant minority stake in its Class A common stock.
PEAK6 LLC, PEAK6 Investments LLC, PEAK6 Group LLC and PEAK6 Capital Management LLC each report beneficial ownership of 27,183,470 shares, representing 6.5% of the Class A shares. PEAK6 Foundation separately reports 1,000,000 shares, or 0.2% of the class.
Individually, Matthew Hulsizer and Jennifer Just each report beneficial ownership of 28,183,470 shares, equal to 6.7% of Webull’s Class A common stock as of June 30, 2025. The filing explains that PEAK6 Capital Management is majority owned through a chain of PEAK6 entities, with Hulsizer and Just as the majority ultimate beneficial owners.
BULL shareholder Lu Shen has filed a Form 144/A indicating an intention to sell 119,900 Class A ordinary shares of the issuer on NASDAQ through Webull Financial LLC, with an aggregate market value of $780,196.45 and an approximate sale date of February 6, 2026.
The filing shows these shares relate to restricted stock units, with 310,735 Class A ordinary shares acquired on February 6, 2026 from Webull Corporation for no cash payment. Over the prior three months, Lu Shen sold 93,766, 40,000, and 30,000 Class A ordinary shares for gross proceeds of $808,590.68, $367,238.25, and $269,966.75.
Webull Corporation shareholder Lu Shen has filed a Form 144 to sell Class A Ordinary Shares. The notice covers a planned sale of 119,900 shares through broker Webull Financial LLC on NASDAQ, with an aggregate market value of 764,648.25.
The filing also notes Lu Shen acquired 310,735 Class A Ordinary Shares as restricted stock units from Webull Corporation on 02/06/2026 with no cash payment. Over the prior three months, Lu Shen sold additional Class A Ordinary Shares in three transactions totaling 163,766 shares, with disclosed gross proceeds for each sale.
Webull Corporation filed an amended annual report to update its corporate governance disclosure. The company, incorporated in the Cayman Islands and listed on Nasdaq under Class A ordinary shares and redeemable warrants, explains that as a foreign private issuer it follows certain Cayman home country practices instead of specific Nasdaq rules.
Webull relies on exemptions from Nasdaq requirements on audit committee size, holding annual shareholder meetings, and obtaining shareholder approval for certain equity issuances and compensation plans. The company is also a Nasdaq-defined “controlled company” because Mr. Anquan Wang holds all Class B ordinary shares, representing about 79.30% of total voting power, allowing reliance on exemptions from board independence, independent nomination of directors, and fully independent compensation committee requirements.
The amendment also notes ongoing phase-in exemptions for the audit committee and adds updated CEO and CFO Sarbanes-Oxley certification exhibits, with all other aspects of the prior annual report remaining unchanged.
Webull Corporation filed a prospectus supplement tied to its Form F-1 registration, covering the offer and sale of up to 75,159,236 Class A ordinary shares under a standby equity purchase agreement and related commitment shares. The supplement incorporates a new Form 6-K reporting strong third quarter 2025 results.
For the quarter ended September 30, 2025, total revenues rose 55% year over year to $156.9 million, while net income attributable to the company was $36.9 million, compared with a loss a year earlier. Adjusted operating profit reached $36.8 million, versus an adjusted operating loss of $5.4 million in the prior-year quarter, as adjusted operating expenses grew 13% to $120.2 million, well below revenue growth.
Customer assets climbed to $21.2 billion, up 84% year over year, supported by $5.9 billion of net deposits over the last twelve months and the Webull Pay acquisition. Trading activity was robust, with equity notional volume of $204 billion (up 71%) and 147 million options contracts (up 24%), helping drive higher trading-related and interest-related income while maintaining profitability.
Webull Corporation updates its F-1 prospectus supplement covering up to 147,445,012 Webull Class A ordinary shares and reports strong results for the quarter ended September 30, 2025. Total revenues reached $156.9 million, up 55% year over year, driven by higher equity and options order flow rebates, interest-related income and handling charges. The company generated net income attributable to the company of $36.9 million, compared with a loss a year earlier, and non-GAAP adjusted operating profit of $36.8 million with a 23.4% margin.
Adjusted operating expenses were $120.2 million, up 13% year over year as higher brokerage, transaction and compensation costs were partly offset by lower marketing spend. Customer assets rose to $21.2 billion, an 84% increase year over year, supported by a broad market recovery and strong net deposits. Equity notional trading volume grew 71% to $204 billion, and options contracts volume increased 24% to 147 million. Total assets were $3.49 billion, with total equity of $999.1 million, marking a shift from a shareholders’ deficit at December 31, 2024.
Webull Corporation (BULL) furnished a Form 6-K noting that on November 20, 2025 it issued a press release reporting financial results for the three months ended September 30, 2025 and posted an investor presentation on its website. These materials are attached as Exhibits 99.1 and 99.2 and are incorporated by reference into its Form S-8 registration statement.
The report also provides extensive forward-looking statements and a detailed list of risk factors. Key risks include the ability to grow profitably while retaining users and key employees, heavy reliance on trading-related income such as payment for order flow, exposure to interest rate and market volatility, dependence on a limited number of market makers and liquidity providers, and complex global regulatory and political environments, including inquiries and investigations in the United States related to connections to China. Additional risks cover cybersecurity and data privacy, maintaining required regulatory capital and stock exchange listing standards, cryptocurrency market disruptions, and potential dilution and price volatility from the offer and resale of securities and warrant exercises.