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Why Webull Stock Dropped Today

Written by Rich Smith for The Motley Fool Key Points The spouse of Webull Chief Financial Officer Wang Haichen reported selling 55,000 shares on Monday. This happened only after receiving 827,046 reโ€ฆ

Why Webull Stock Dropped Today
Nasdaq News โ€” 16 September 2026
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Key Points The spouse of Webull Chief Financial Officer Wang Haichen reported selling 55,000 shares on Monday. This happened only after receiving 827,046 restricted stock units. The sale is small relative to total stock holdings. 10 stocks we like better than Webull โ€บ Webull Corporation (NASDAQ: BULL) stock tumbled 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. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue ยป Image source: Getty Images. Look who's selling at Webull 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, resulting in total proceeds of just under $494,000. This sale may be unsettling investors today, and explains why the stock is down. Still, it shouldn't have come as a complete surprise. According to a report on StreetInsider.com, Webull filed notice that a "member of immediate family of any of the foregoing" -- which is to say, the CFO, would be filing notice of this sale. Should Webull investors worry? Also worth pointing out is that while the CFO's spouse is selling 55,000 Webull shares, the Form 4 filing indicates that she still owns 772,046 shares. Furthermore, given that she acquired 827,046 restricted stock units on Nov. 19, 2025, it's possible that the sale this week was made in anticipation of tax liability on those shares. Put it all together -- the likely reason for the sale and the sizable Webull stake that is not being sold, and the mere fact of the sale doesn't seem a huge cause for concern to me. I am a bit concerned about the stock's valuation, which is currently a steep 110 times trailing earnings. But about the stock sale -- not at all. Should you buy stock in Webull right now? Before you buy stock in Webull, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy nowโ€ฆ and Webull wasnโ€™t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, youโ€™d have $420,109 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, youโ€™d have $1,303,689 !* Now, itโ€™s worth noting Stock Advisorโ€™s total average return is 938 % โ€” a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks ยป *Stock Advisor returns as of September 16, 2026. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .

The spouse of Webull Chief Financial Officer Wang Haichen reported selling 55,000 shares on Monday.

This happened only after receiving 827,046 restricted stock units.

Webull Corporation (NASDAQ: BULL) stock tumbled 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.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue ยป

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, resulting in total proceeds of just under $494,000. This sale may be unsettling investors today, and explains why the stock is down. Still, it shouldn't have come as a complete surprise.

According to a report on StreetInsider.com, Webull filed notice that a "member of immediate family of any of the foregoing" -- which is to say, the CFO, would be filing notice of this sale.

Also worth pointing out is that while the CFO's spouse is selling 55,000 Webull shares, the Form 4 filing indicates that she still owns 772,046 shares. Furthermore, given that she acquired 827,046 restricted stock units on Nov. 19, 2025, it's possible that the sale this week was made in anticipation of tax liability on those shares.

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