[SCHEDULE 13G] Webull Corporation Incentive Warrant SEC Filing

Rhea-AI Filing Summary

PEAK6-affiliated entities and individuals reported beneficial ownership positions in Webull Corp Class A common stock. Several PEAK6 reporting persons disclose aggregate holdings around 26,567,829–26,567,832 shares, representing 5.5% of the class, while two entities report smaller holdings of 1,004,041 shares (0.2%) and 1,000,000 shares (0.2%).

The filings show no sole voting or dispositive power for the reported shares (sole powers reported as 0) and indicate the positions are held with shared voting and shared dispositive power. The filing also discloses the ownership chain: PEAK6 Capital Management is majority owned by PEAK6 Group, which is owned by PEAK6 Investments, primarily owned by PEAK6 LLC, and identifies Matthew Hulsizer and Jennifer Just as majority direct and/or indirect ultimate beneficial owners of PEAK6 LLC.

Positive

• Disclosure of a >5% stake: PEAK6 reporting persons disclose aggregate holdings of approximately 26,567,829–26,567,832 shares, representing 5.5% of Webull Class A.
• Clear reporting of voting/dispositive powers: Sole voting and dispositive powers are reported as 0, with the holdings reported under shared voting and shared dispositive power.
• Ownership chain identified: The filing describes the corporate ownership relationships among PEAK6 entities, improving transparency about control attribution.
• Authorized signatures included: Schedule includes signatures from PEAK6 entities and named individuals, certifying the reported information.

Negative

• None.

Insights

Securities Analyst

TL;DR: PEAK6 disclosures show a passive >5% stake in Webull with shared control over ~26.57 million Class A shares.

The Schedule 13G filings list multiple PEAK6 entities reporting substantially similar aggregate beneficial ownership figures in the range of 26,567,829–26,567,832 shares, equal to 5.5% of Class A. Reported sole voting and dispositive powers are 0, with authority described as shared voting and shared dispositive power. The filings also document the corporate ownership chain within PEAK6 and identify two individuals as ultimate beneficial owners, which clarifies the reporting group and control relationships.

Corporate Governance Expert

TL;DR: The filing provides transparent identification of reporting persons, ownership structure, and shared control over a material minority stake.

The documents disclose that several PEAK6 affiliates and related individuals hold an aggregate stake of roughly 26.57 million Class A shares (5.5%), with shared voting/dispositive power and no sole power reported. The filing explicitly describes intercompany ownership (PEAK6 Capital Management majority-owned by PEAK6 Group, owned by PEAK6 Investments, primarily owned by PEAK6 LLC) and names Matthew Hulsizer and Jennifer Just as majority ultimate beneficial owners, supporting clear attribution of control and responsibility for the disclosed positions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Webull Corp

(Name of Issuer)

Class A Common Stock, $0.00001 par value per share

(Title of Class of Securities)

G9572D103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

PEAK6 LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 26,567,832.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 26,567,832.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,567,832.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

PEAK6 Investments LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 26,567,829.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 26,567,829.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,567,829.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

PEAK6 Group LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 26,567,829.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 26,567,829.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,567,829.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

PEAK6 Capital Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,004,041.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,004,041.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,004,041.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.2 %

12

Type of Reporting Person (See Instructions)

BD

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

PEAK6 Foundation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.2 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

Matthew Hulsizer

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 27,567,832.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 27,567,832.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,567,832.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. G9572D103

1

Names of Reporting Persons

Jennifer Just

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 27,567,832.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 27,567,832.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,567,832.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Webull Corp
(b)	Address of issuer's principal executive offices: 200 CARILLON PARKWAY, ST. PETERSBURG, FLORIDA, 33716
Item 2.
(a)	Name of person filing: PEAK6 LLC PEAK6 Investments LLC PEAK6 Group LLC PEAK6 Capital Management LLC PEAK6 Foundation Matthew Hulsizer Jennifer Just
(b)	Address or principal business office or, if none, residence: PEAK6 LLC - 2010 E. 6th St., Austin TX 78702 PEAK6 Investments LLC - 2010 E. 6th St., Austin TX 78702 PEAK6 Group LLC - 2010 E. 6th St., Austin TX 78702 PEAK6 Capital Management LLC - 141 W. Jackson Blvd., Suite 500, Chicago IL 60604 PEAK6 Foundation - 141 W. Jackson Blvd., Suite 500, Chicago IL 60604 Matthew Hulsizer - 2010 E. 6th St., Austin TX 78702 Jennifer Just - 2010 E. 6th St., Austin TX 78702
(c)	Citizenship: PEAK6 LLC - Delaware PEAK6 Investments LLC - Delaware PEAK6 Group LLC - Delaware PEAK6 Capital Management LLC - Delaware PEAK6 Foundation - Illinois Matthew Hulsizer - U.S. Citizen Jennifer Just - U.S. Citizen
(d)	Title of class of securities: Class A Common Stock, $0.00001 par value per share
(e)	CUSIP No.: G9572D103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: PEAK6 Capital Management LLC is majority owned by PEAK6 Group LLC, which is owned by PEAK6 Investments LLC, which is primarily owned by PEAK6 LLC. Matthew Hulsizer and Jennifer Just are the majority direct and/or indirect ultimate beneficial owners of PEAK6 LLC and serve as board members for PEAK6 Foundation. The information specified in items 4(a) - (c) is provided in rows 5 through 11 of the cover pages for each Reporting Person and is incorporated by reference.
(b)	Percent of class: The information specified in items 4(a) - (c) is provided in rows 5 through 11 of the cover pages for each Reporting Person and is incorporated by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information specified in items 4(a) - (c) is provided in rows 5 through 11 of the cover pages for each Reporting Person and is incorporated by reference.
	(ii) Shared power to vote or to direct the vote: The information specified in items 4(a) - (c) is provided in rows 5 through 11 of the cover pages for each Reporting Person and is incorporated by reference.
	(iii) Sole power to dispose or to direct the disposition of: The information specified in items 4(a) - (c) is provided in rows 5 through 11 of the cover pages for each Reporting Person and is incorporated by reference.
	(iv) Shared power to dispose or to direct the disposition of: The information specified in items 4(a) - (c) is provided in rows 5 through 11 of the cover pages for each Reporting Person and is incorporated by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PEAK6 LLC

Signature:	/s/ Matthew Hulsizer
Name/Title:	Manager
Date:	08/14/2025

PEAK6 Investments LLC

Signature:	/s/ Jay Coppoletta
Name/Title:	Chief Corp. Dev & Legal Officer
Date:	08/14/2025

PEAK6 Group LLC

Signature:	/s/ Jay Coppoletta
Name/Title:	Chief Corp. Dev & Legal Officer
Date:	08/14/2025

PEAK6 Capital Management LLC

Signature:	/s/ Tom Simpson
Name/Title:	Chief Executive Officer
Date:	08/14/2025

PEAK6 Foundation

Signature:	/s/ Jay Coppoletta
Name/Title:	Board Member
Date:	08/14/2025

Matthew Hulsizer

Signature:	/s/ Matthew Hulsizer
Name/Title:	Matthew Hulsizer
Date:	08/14/2025

Jennifer Just

Signature:	/s/ Jennifer Just
Name/Title:	Jennifer Just
Date:	08/14/2025

FAQ

How many Webull (BULLZ) Class A shares do PEAK6 reporting persons report?

The filings report aggregate holdings of approximately 26,567,829–26,567,832 shares for several PEAK6 reporting persons, representing 5.5% of the Class A shares.

Does PEAK6 report sole voting or dispositive power over these BULLZ shares?

No. The Schedule 13G shows sole voting power = 0 and sole dispositive power = 0, while shared voting and shared dispositive power are reported for the disclosed shares.

Which PEAK6 entities filed this Schedule 13G for BULLZ?

Reporting persons named include PEAK6 LLC, PEAK6 Investments LLC, PEAK6 Group LLC, PEAK6 Capital Management LLC, and PEAK6 Foundation, along with individuals Matthew Hulsizer and Jennifer Just.

Are there smaller PEAK6 holdings reported separately in the filing?

Yes. The filing lists smaller reported holdings of 1,004,041 shares (0.2%) for PEAK6 Capital Management LLC and 1,000,000 shares (0.2%) for PEAK6 Foundation.

Who are identified as the ultimate beneficial owners within the PEAK6 group?

The filing identifies Matthew Hulsizer and Jennifer Just as the majority direct and/or indirect ultimate beneficial owners of PEAK6 LLC.