Wang Anquan - 30 Sep 2026 Form 4 Insider Report for Webull Corp (BULL)

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: BULL
Reported as of: 30 Sep 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Oct 2026, 19:07:19 UTC
Prior SEC filing: 17 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Liwei Cao, attorney-in-fact

Filing notes and source

Key filing fact

Wang Anquan filed Form 4 for Webull Corp (BULL) on 02 Oct 2026.

Key facts

This page summarizes Wang Anquan's Form 4 filing for Webull Corp (BULL).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Oct 2026, 19:07.

Change

Previous filing in this sequence was filed on 17 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002061858 Primary reporting owner

Wang Anquan

Relationship: Chief Executive Officer, Director, 10%+ Owner
Address: 200 CARILLON PARKWAY, ST. PETERSBURG
Signature: /s/ Liwei Cao, attorney-in-fact
Signature date: 02 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BULL transaction

Class A Ordinary Shares

Conversion of derivative security

Transaction value
Shares: +25,000,000
Change %: +12500%
Price
Shares after: 25,200,000
Date: 30 Sep 2026
Ownership: By Water Castle Az Inc.
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BULL transaction Derivative

Class B Ordinary Shares

Conversion of derivative security

Transaction value
Shares: -25,000,000
Change %: -25%
Price: $0.000000^*
Shares after: 75,158,736
Date: 30 Sep 2026
Ownership: By Water Castle Az Inc.
Underlying class: Class A Ordinary Shares
Underlying amount: 25,000,000
Exercise price
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On September 30, 2026, Water Castle Az Inc. converted 25,000,000 Class B Ordinary Shares into 25,000,000 Class A Ordinary Shares on a one-for-one basis for no consideration.

Footnote F2

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.

Footnote F3

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.

Footnote F4

The reported securities include (a) 5,433,243 restricted Class B share units granted to the Reporting Person that vest over 36 equal monthly installments ending on December 31, 2028, subject to the Reporting Person's continued service through the applicable vesting date, of which 1,660,156 have already vested or are scheduled to vest within 60 days of September 30, 2026, 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.