Sea COO Ye Gang sells 40K shares at $114–$118

Q: Were Ye Gang’s Sea Ltd (SE) share sales under a Rule 10b5-1 plan?

Yes. The Form 4 states that the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on September 4, 2025, and the Rule 10b5-1 checkbox is affirmed.

Q: How many Sea Ltd (SE) shares did Ye Gang sell on August 21, 2026?

On August 21, 2026, the BVI entity associated with Ye Gang sold 23, ,000 Class A ordinary shares in three tranches: 3,820, 14,747, and 1,433 shares, at weighted average prices within the $116.26–$118.63 range.

Q: How many Sea Ltd (SE) shares did Ye Gang sell on August 24, 2026?

On August 24, 2026, the BVI entity associated with Ye Gang sold 17,000 Class A ordinary shares in three tranches: 4,859, 9,064, and 6,077 shares, at weighted average prices within the $114.40–$117.00 range.

Q: 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.

Sea Ltd (SE) director and COO Ye Gang reported indirect sales of Class A ordinary shares associated with a BVI entity he controls.

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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.

Insights

Analyzing...

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.

Class A ordinary shares financial

"security_title": "Class A ordinary shares""

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

BVI entity financial

"a Rule 10b5-1 trading plan adopted by a BVI entity controlled..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

At what prices were Sea Ltd (SE) shares sold in Ye Gang’s August 2026 transactions?

The BVI entity associated with Ye Gang sold Sea Ltd Class A shares at weighted average prices around $114.98–$118.35 per share, with actual trade prices falling within specified ranges between $114.40 and $118.63, according to the Form 4 footnotes.

How many Sea Ltd (SE) shares did Ye Gang sell on August 21, 2026?

On August 21, 2026, the BVI entity associated with Ye Gang sold 23, ,000 Class A ordinary shares in three tranches: 3,820, 14,747, and 1,433 shares, at weighted average prices within the $116.26–$118.63 range.

How many Sea Ltd (SE) shares did Ye Gang sell on August 24, 2026?

On August 24, 2026, the BVI entity associated with Ye Gang sold 17,000 Class A ordinary shares in three tranches: 4,859, 9,064, and 6,077 shares, at weighted average prices within the $114.40–$117.00 range.

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.

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Available on EDGAR 08/25/2026 - 06:17 AM EDT Accepted by SEC EDGAR 08/25/2026 - 06:17 AM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ye Gang

(Last)

(First)

(Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE

138522

(City)

(State)

(Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sea Ltd [ SE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	08/21/2026		S		3,820⁽¹⁾	D	$116.87⁽²⁾	444,972	I	By BVI entity
Class A ordinary shares	08/21/2026		S		14,747⁽¹⁾	D	$117.9⁽³⁾	430,225	I	By BVI entity
Class A ordinary shares	08/21/2026		S		1,433⁽¹⁾	D	$118.35⁽⁴⁾	428,792	I	By BVI entity
Class A ordinary shares	08/24/2026		S		4,859⁽¹⁾	D	$114.98⁽⁵⁾	423,933	I	By BVI entity
Class A ordinary shares	08/24/2026		S		9,064⁽¹⁾	D	$115.97⁽⁶⁾	414,869	I	By BVI entity
Class A ordinary shares	08/24/2026		S		6,077⁽¹⁾	D	$116.61⁽⁷⁾	408,792	I	By BVI entity
Class A ordinary shares								20,976,405	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. 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.

3. Represents the weighted average price of shares sold at prices that ranged from $117.27 to $118.26.

4. Represents the weighted average price of shares sold at prices that ranged from $118.27 to $118.63.

5. Represents the weighted average price of shares sold at prices that ranged from $114.40 to $115.39.

6. Represents the weighted average price of shares sold at prices that ranged from $115.41 to $116.40.

7. Represents the weighted average price of shares sold at prices that ranged from $116.41 to $117.00.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	08/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR