Wang Anquan - 17 Mar 2026 Form 3 Insider Report for Webull Corp (BULL)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Liwei Cao, attorney-in-fact
Issuer symbol: BULL
Transactions as of: 17 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 17 Mar 2026, 17:28:23 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Wang Anquan	Chief Executive Officer, Director, 10%+ Owner	200 CARILLON PARKWAY, ST. PETERSBURG	/s/ Liwei Cao, attorney-in-fact	17 Mar 2026	0002061858

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BULL	Class A Ordinary Shares						200,000	17 Mar 2026	By Water Castle Az Inc.	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BULL	Class B Ordinary Shares							17 Mar 2026	Class A Ordinary Shares	100,158,736	$0.000000	By Water Castle Az Inc.	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein are held of record by Water Castle Az Inc., whose voting power is fully retained by Pozijie Inc., which is wholly-owned by the Reporting Person.
F2	Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the Reporting Person and has no expiration date.
F3	The reported securities include (a) 5,433,243 restricted Class B share units granted to the Reporting Person, of which 301,846 are vested and the remainder vest in 34 equal monthly installments beginning on March 31, 2026, subject to the Reporting Person's continued service through the applicable vesting date, and (b) 10,866,488 performance restricted Class B share units ("Performance RSUs") granted to the Reporting Person that vest in 25% increments as and when the 60-day volume-weighted average trading price of the Issuer's Class A Ordinary Shares reaches each of $15, $20, $25, and $30, respectively, with any unvested Performance RSUs expiring on February 24, 2031.