Webull (BULL) director acquires 29,584 RSUs and 12,500 Class A shares

Rhea-AI Filing Summary

Webull Corp director Walter A. Bishop reported equity compensation activity. He exercised derivative securities into 12,500 Class A Ordinary Shares, leaving him with 12,500 shares held directly. He also received a grant of 29,584 Restricted Share Units, each representing a contingent right to one Class A Ordinary Share.

All 29,584 RSUs were granted on June 9, 2026 and are scheduled to vest on June 8, 2027, subject to his continued service. Settlement of these RSUs has been deferred to the 30th day following his separation from service with Webull, meaning the actual shares will be delivered only after he leaves the company.

Insider Trade Summary

12,500 shares exercised/converted

Mixed 3 txns

Insider Bishop Walter A.

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	12,500	$0.00	--
Grant/Award	Restricted Share Units	29,584	$0.00	--
Exercise	Class A Ordinary Shares	12,500	$0.00	--

Holdings After Transaction: Restricted Share Units — 0 shares (Direct, null); Class A Ordinary Shares — 12,500 shares (Direct, null)

Footnotes (1)

1. Each restricted share unit ("RSU") represents a contingent right to receive one Class A Ordinary Share, subject to the Reporting Person's continued service through the vesting date. 100% of these RSUs were granted on June 9, 2026 and are scheduled to vest on June 8, 2027. The Reporting Person has elected to defer the settlement of these RSUs to the 30th day following the Reporting Person's separation from service from the Issuer.

Key Figures

Derivative exercise into shares: 12,500 shares RSU grant size: 29,584 RSUs Shares held after transactions: 12,500 shares +2 more

5 metrics

Derivative exercise into shares 12,500 shares Class A Ordinary Shares acquired via derivative exercise on June 9, 2026

RSU grant size 29,584 RSUs Restricted Share Units granted June 9, 2026

Shares held after transactions 12,500 shares Class A Ordinary Shares held directly following transactions

Underlying shares for RSUs 29,584 shares Class A Ordinary Shares underlying outstanding RSUs

RSU vesting date June 8, 2027 Scheduled vesting date for 29,584 RSUs, subject to continued service

Key Terms

Restricted Share Units, contingent right, vesting date, derivative security, +1 more

5 terms

Restricted Share Units financial

"Each restricted share unit ("RSU") represents a contingent right to receive one Class A Ordinary Share"

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.

contingent right financial

"represents a contingent right to receive one Class A Ordinary Share, subject to the Reporting Person's continued service"

vesting date financial

"subject to the Reporting Person's continued service through the vesting date"

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

separation from service financial

"defer the settlement of these RSUs to the 30th day following the Reporting Person's separation from service from the Issuer"

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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^*

Bishop Walter A.

(Last) (First) (Middle)

813 REGENT DRIVE

(Street)

WESTBURY NEW YORK 11590

(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)
06/09/2026

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	06/09/2026		M		12,500	A	$0	12,500	D

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	06/09/2026		M			12,500	(1)	(1)	Class A Ordinary Shares	12,500	$0	0	D
Restricted Share Units	$0	06/09/2026		A		29,584		(1)(2)	(1)(2)	Class A Ordinary Shares	29,584	$0	29,584	D

Explanation of Responses:

1. Each restricted share unit ("RSU") represents a contingent right to receive one Class A Ordinary Share, subject to the Reporting Person's continued service through the vesting date.

2. 100% of these RSUs were granted on June 9, 2026 and are scheduled to vest on June 8, 2027. The Reporting Person has elected to defer the settlement of these RSUs to the 30th day following the Reporting Person's separation from service from the Issuer.

	/s/ Liwei Cao, attorney-in-fact	06/09/2026
	** 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 transactions did Webull (BULL) director Walter A. Bishop report?

Walter A. Bishop reported equity compensation-related transactions, including exercising derivative securities into 12,500 Class A Ordinary Shares and receiving a grant of 29,584 Restricted Share Units, which convert into shares upon vesting and later settlement.

How many Webull (BULL) Class A Ordinary Shares does Walter A. Bishop hold after this Form 4?

After the reported transactions, Walter A. Bishop directly holds 12,500 Class A Ordinary Shares. In addition, he has 29,584 Restricted Share Units outstanding that may convert into the same number of Class A Ordinary Shares after vesting and deferred settlement.

What Restricted Share Units were granted to Webull (BULL) director Walter A. Bishop?

He received 29,584 Restricted Share Units, each representing a contingent right to one Class A Ordinary Share. These RSUs were granted on June 9, 2026 and are tied to continued service and a specified vesting and settlement schedule.

When do Walter A. Bishop’s Webull (BULL) RSUs vest and settle?

The 29,584 Restricted Share Units are scheduled to vest on June 8, 2027, assuming continued service. Bishop has elected to defer settlement, so the underlying shares will be delivered on the 30th day following his separation from service with Webull.

Does the Webull (BULL) Form 4 show any insider stock sales by Walter A. Bishop?

The Form 4 does not report any stock sales. It shows equity compensation activity, including an exercise of derivative securities into 12,500 Class A Ordinary Shares and a grant of 29,584 Restricted Share Units, both categorized as acquisition-type transactions.

What does each Webull (BULL) Restricted Share Unit granted to Walter A. Bishop represent?

Each Restricted Share Unit represents a contingent right to receive one Class A Ordinary Share. The right depends on Bishop’s continued service through the vesting date, with actual share delivery deferred until a set time after his separation from Webull.