Beneficial Ownership Report · SCHEDULE 13G/A
Webull Corp
BULLNASDAQEQUITYCurrent
Beneficial Ownership Report
Structured filing — SCHEDULE 13G/A
primary_doc.xml
Amendment · This filing reports the amendment as submitted.
Subject company
- Company
- Webull Corp
- Company CIK
- 0001866364
- Street
- 200 CARILLON PARKWAY
- City
- ST. PETERSBURG
- State / country code
- FL
- Postal code
- 33716
Statement details
- Amendment number
- 4
- Security class
- Class A ordinary shares
- Event date
- 09/30/2026
- Rule designation
- Rule 13d-1(d)
Reporting person 1
- Name
- Wang Anquan
- Citizenship / organization
- F4
- Reporting person type
- IN
- Group designation
- b
- Aggregate amount owned
- 97,916,398.00
- Percent of class
- 18.1
- Sole voting power
- 97,916,398.00
- Shared voting power
- 0.00
- Sole dispositive power
- 87,855,555.00
- Shared dispositive power
- 0.00
- Comments
- The reported amount includes (i) 25,200,000 Class A ordinary shares, (ii) 2,136,394 Class A ordinary shares held of record by Webull Partners Limited, (iii) 58,859,005 Class A ordinary shares issuable upon conversion of an equivalent number of Class B ordinary shares, (iv) 1,660,156 Class A ordinary shares issuable upon conversion of an equivalent number of Class B ordinary shares, which are issuable upon the settlement of 1,660,156 restricted share units that have vested and are scheduled to vest within 60 days of September 30, 2026, and (v) 10,060,843 Class A ordinary shares subject to the Proxy Agreement (as defined in Item 4 of this Schedule 13G). The percent of class is based on 456,696,690 Class A ordinary shares outstanding as of September 25, 2026, as reported in the issuer's Proxy Statement furnished as Exhibit 99.1 to its Report on Form 6-K furnished to the SEC on October 1, 2026, as increased by (i) 25,000,000 Class A ordinary shares issued pursuant to the conversion of an equal number of Class B ordinary shares by the Reporting Person on September 30, 2026 (the "Conversion"), (ii) 58,859,005 Class A ordinary shares issuable upon conversion of 58,859,005 Class B ordinary shares beneficially owned by the Reporting Person following the Conversion, and (iii) 1,660,156 Class A ordinary shares issuable upon conversion of an equivalent number of Class B ordinary shares, which are issuable upon the settlement of 1,660,156 restricted share units that have vested and are scheduled to vest within 60 days of September 30, 2026.
Item 1
Issuer
Webull Corp
Principal executive office address
200 CARILLON PARKWAY, ST. PETERSBURG, FLORIDA, 33716
Item 2
Citizenship
People's Republic of China
Filing person
Wang Anquan
Principal business or residence address
200 Carillon Parkway, St. Petersburg, Florida 33716
Item 3
Not applicable indication
N
Item 4
Percent of class
18.1%
Amount beneficially owned
The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The reported securities are directly held and beneficially owned as follows: (i) 25,200,000 Class A ordinary shares 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; (ii) 2,136,394 Class A ordinary shares are held of record by Webull Partners Limited, which is managed by a trust (the "Trust") for the benefit of certain employees, directors and officers of the issuer. The Reporting Person is the sole member of the advisory committee of the Trust; (iii) 58,859,005 Class B ordinary shares are held of record by Water Castle Az Inc.; (iv) 1,660,156 Class A ordinary shares issuable upon conversion of an equivalent number of Class B ordinary shares, which are issuable upon the settlement of 1,660,156 restricted share units granted to Water Castle Az Inc. that have vested and are scheduled to vest within 60 days of September 30, 2026; and (v) The Reporting Person has voting control of 10,060,843 Class A ordinary shares subject to a proxy agreement, dated August 15, 2025, by and between the Reporting Person and certain shareholders of the issuer (the "Proxy Agreement"), which agreement provides the Reporting Person with voting rights for a portion of the covered shares in an amount for which the acquisition of voting rights (and beneficial ownership) would not exceed the two percent limitation set forth in Section 13(d)(6)(B) of the Exchange Act of 1934, as amended during any twelve-month period (calculated together with any other acquisitions of Class A ordinary shares by the Reporting Person during such period). The filing of this Statement shall not be deemed an admission by the Reporting Person of beneficial ownership of any of the reported securities for purposes of Section 13(d) or Section 13(g) or for any other purpose.
Sole voting power
Row 5 of the Reporting Person's cover page to this Schedule 13G sets forth the sole power to vote or to direct the vote of securities of the issuer beneficially owned by such Reporting Person as of the filing date of this Schedule 13G and is incorporated by reference.
Shared voting power
Row 6 of the Reporting Person's cover page to this Schedule 13G sets forth the shared power to vote or to direct the vote of securities of the issuer beneficially owned by such Reporting Person as of the filing date of this Schedule 13G and is incorporated by reference.
Sole dispositive power
Row 7 of the Reporting Person's cover page to this Schedule 13G sets forth the sole power to dispose or to direct the disposition of securities of the issuer beneficially owned by such Reporting Person as of the filing date of this Schedule 13G and is incorporated by reference.
Shared dispositive power
Row 8 of the Reporting Person's cover page to this Schedule 13G sets forth the shared power to dispose or to direct the disposition of securities of the issuer beneficially owned by such Reporting Person as of the filing date of this Schedule 13G and is incorporated by reference.
Item 6
Not applicable indication
Y
Item 7
Not applicable indication
Y
Item 8
Not applicable indication
Y
Item 9
Not applicable indication
Y
Item 10
Not applicable indication
Y
Signature 1
- Reporting person
- Wang Anquan
- Signed
- /s/ Wang Anquan
- Title
- Wang Anquan
- Date
- 10/02/2026
Company context
Webull is a leading digital investment platform built upon a next-generation global infrastructure. We strive to be the platform of choice for a new generation of investors by building an efficient, low-cost, and easy-to-use global investment platform. We distinguish ourselves from other investment service providers by offering a mobile-first user experience, a broad range of investment products and extensive functionality constructed to help our customers build wealth over time. We arm each customer with the tools they need to develop into what we refer to as an informed investor - one who understands the market and has the confidence to succeed as an investor. The Webull platform originally provided users free access to market data and analytical tools, but expanded to offer financial products when we launched brokerage services in the United States in May 2018. Since then, we have expanded to offer services in 14 markets across North America, Asia Pacific, Europe and Latin America, and today, the Webull App has been downloaded more than 50 million times and has over 23.3 million registered users globally.