Webull Corporation stock fell 6.5% through 10:35 a.m. ET Wednesday after Chief Financial Officer Wang Haichen filed a Form 4 with the SEC disclosing a sizable sale of the online broker's stock. According to the filing, the CFO's spouse sold 55,000 shares of Webull on Monday at an average price of $8.98 per share, for total proceeds of just under $494,000. The filing indicates she still owns 772,046 shares, and given that she acquired 827,046 restricted stock units on Nov. 19, 2025, the sale may have been made in anticipation of tax liability on those shares. Webull had previously filed notice that a member of the CFO's immediate family would be filing notice of the sale, according to a report on StreetInsider.com. The article also notes the stock's valuation stands at 110 times trailing earnings.
Webull CorpCFO's spouse sold 55,000 Webull shares, disclosed via Form 4, sending the stock down 6.5%.
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