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Form 3 Webull Corp For: Mar 17 Filed by: Wang Haichen

March 17, 2026 5:20 PM
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Wang Haichen
(Last) (First) (Middle)
200 CARILLON PARKWAY
(Street)
SAINT PETERSBURG FL 33716
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026 		3. Issuer Name and Ticker or Trading Symbol
Webull Corp [ BULL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares 1,121,097 (1)
D
Class A Ordinary Shares 827,046
I
By spouse
Class A Ordinary Shares 137,926
I
By Webull Partners Limited
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units (2) (3) (3) Class A Ordinary Shares 134,372 0 D
Restricted Share Units (2) (4) (4) Class A Ordinary Shares 167,965 0 D
Explanation of Responses:
1. The reported securities include 200,000 restricted shares granted to the Reporting Person that will vest in full on January 1, 2028, subject to the Reporting Person's continued service through such date.
2. The reported securities represent restricted share units ("RSUs"), each representing a contingent right to receive one Class A Ordinary Share, subject to the Reporting Person's continued service through the applicable vesting date. Vested RSUs will settle in Class A Ordinary Shares or an equivalent cash value as of the settlement date, at the discretion of a committee of the board of directors of the Issuer.
3. 50% of the reported RSUs are fully vested and 50% of the reported RSUs are scheduled to vest on January 1, 2027.
4. 50% of the reported RSUs are fully vested and 25% of the reported RSUs are scheduled to vest on each of January 1, 2027 and January 1, 2028.
/s/ Liwei Cao, attorney-in-fact 03/17/2026
** 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.

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