Sea COO Ye Gang sells 40K shares at $114–$118
Rhea-AI Filing Summary
Sea Ltd (SE) director and COO Ye Gang reported indirect sales of Class A ordinary shares associated with a BVI entity he controls. On August 21 and 24, 2026, that BVI entity sold a total of 40,000 Class A ordinary shares under a Rule 10b5-1 trading plan adopted on September 4, 2025, at weighted average prices within stated ranges of roughly $114–$118 per share. Ye Gang also reported 20,976,405 Class A ordinary shares held directly as of August 21, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
7 txns
Insider
Ye Gang
Role
COO
Sold
40,000 shs ($4.67M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F5 | 4,859 | $114.98 | $559K |
| Sale | Class A ordinary shares F1, F6 | 9,064 | $115.97 | $1.05M |
| Sale | Class A ordinary shares F1, F7 | 6,077 | $116.61 | $709K |
| Sale | Class A ordinary shares F1, F2 | 3,820 | $116.87 | $446K |
| Sale | Class A ordinary shares F1, F3 | 14,747 | $117.90 | $1.74M |
| Sale | Class A ordinary shares F1, F4 | 1,433 | $118.35 | $170K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 408,792 shares (Indirect, By BVI entity);
Class A ordinary shares — 20,976,405 shares (Direct)
Footnotes (7)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on September 4, 2025.
- F2. Represents the weighted average price of shares sold at prices that ranged from $116.26 to $117.26. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- F3. Represents the weighted average price of shares sold at prices that ranged from $117.27 to $118.26.
- F4. Represents the weighted average price of shares sold at prices that ranged from $118.27 to $118.63.
- F5. Represents the weighted average price of shares sold at prices that ranged from $114.40 to $115.39.
- F6. Represents the weighted average price of shares sold at prices that ranged from $115.41 to $116.40.
- F7. Represents the weighted average price of shares sold at prices that ranged from $116.41 to $117.00.
Key Figures
Total shares sold: 40,000 Class A ordinary shares
Shares sold on 2026-08-21: 23, ,000 Class A ordinary shares
Shares sold on 2026-08-24: 17,000 Class A ordinary shares
+4 more
7 metrics
Total shares sold
40,000 Class A ordinary shares
Indirect sales by BVI entity associated with Ye Gang on August 21 and 24, 2026
Shares sold on 2026-08-21
23, ,000 Class A ordinary shares
Three indirect sale tranches on August 21, 2026
Shares sold on 2026-08-24
17,000 Class A ordinary shares
Three indirect sale tranches on August 24, 2026
Sale price (example tranche)
$116.87 per share
Weighted average price for 3,820-share tranche sold on August 21, 2026
Sale price (range, August 21)
$116.26–$118.63 per share
Price ranges for weighted average sales on August 21, 2026
Sale price (range, August 24)
$114.40–$117.00 per share
Price ranges for weighted average sales on August 24, 2026
Direct holdings
20,976,405 Class A ordinary shares
Shares held directly by Ye Gang as of August 21, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, BVI entity
4 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Represents the weighted average price of shares sold at prices that ranged..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
BVI entity financial
"a Rule 10b5-1 trading plan adopted by a BVI entity controlled..."
FAQ
What insider transaction did Sea Ltd (SE) report for Ye Gang?
Sea Ltd reported that director and COO Ye Gang, through a BVI entity he controls, indirectly sold 40,000 Class A ordinary shares of SE on August 21 and 24, 2026, as disclosed in a Form 4 filing.
What is Ye Gang’s reported direct ownership in Sea Ltd (SE) after these transactions?
The Form 4 reports that Ye Gang held 20,976,405 Class A ordinary shares of Sea Ltd directly as of August 21, 2026. The indirect holdings through the BVI entity are reported separately from this direct position.
AI-generated analysis. How Rhea-AI works. Not financial advice.