HOULIHAN WILLIAM A 4

What Happened William A. Houlihan, a director of Webull Corp (ticker: BULL), was granted 42,471 restricted stock units (RSUs) on April 13, 2026. The grant is reported as an award/acquisition (code A) at $0.00 per unit (no cash paid at grant). Each RSU represents a contingent right to one Class A ordinary share upon vesting.

Key Details

• Transaction date: April 13, 2026. Report filed April 14, 2026 (timely).
• Instrument and amount: 42,471 RSUs granted; reported acquisition price $0.00 (derivative award).
• Vesting: Scheduled to vest on April 10, 2027 (100% of the grant).
• Settlement/deferral: Houlihan elected to defer settlement to the earlier of (i) the 5th anniversary of the grant or (ii) 30 days after his separation from service (footnote F1).
• Shares owned after transaction: not specified in the Form 4 filing.
• Filing status: No late filing indicated.

Context RSUs are a common form of compensation that convert to shares on a future vesting date if service conditions are met; they are not an immediate cash purchase or sale and do not indicate an immediate change in market exposure. The deferral election means actual shares (and any market value) may not be delivered until years later or upon separation.