Sea Ltd COO Ye Gang sells 40,000 shares
Sea Ltd’s COO and director Ye Gang disclosed Rule 10b5-1 plan sales totaling 40,000 shares while retaining over 20 million shares directly.
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Form Type
4
Rhea-AI Filing Summary
Sea Ltd (SE) reported that director and chief operating officer Ye Gang, through a BVI entity he controls, sold a total of 40,000 Class A ordinary shares on September 15–16, 2026 under a Rule 10b5-1 trading plan. The sales occurred at weighted-average prices spanning approximately $102.57 to $106.49 per share. Following these trades, Ye Gang holds 20,396,405 Class A ordinary shares directly.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
7 txns
Insider
Ye Gang
Role
COO
Sold
40,000 shs ($4.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F6 | 3,200 | $103.12 | $330K |
| Sale | Class A ordinary shares F1, F7 | 11,193 | $103.96 | $1.16M |
| Sale | Class A ordinary shares F1, F8 | 5,607 | $104.99 | $589K |
| Sale | Class A ordinary shares F1, F2 | 8,797 | $103.33 | $909K |
| Sale | Class A ordinary shares F1, F3 | 8,803 | $103.85 | $914K |
| Sale | Class A ordinary shares F1, F4 | 1,200 | $105.13 | $126K |
| Sale | Class A ordinary shares F1, F5 | 1,200 | $106.03 | $127K |
| Holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 638,792 shares (Indirect, By BVI entity);
Class A ordinary shares — 20,396,405 shares (Direct)
Footnotes (8)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on May 21, 2026.
- F2. Represents the weighted average price of shares sold at prices that ranged from $102.61 to $103.605. 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 $103.61 to $104.60.
- F4. Represents the weighted average price of shares sold at prices that ranged from $104.70 to $105.56.
- F5. Represents the weighted average price of shares sold at prices that ranged from $105.71 to $106.49.
- F6. Represents the weighted average price of shares sold at prices that ranged from $102.57 to $103.55.
- F7. Represents the weighted average price of shares sold at prices that ranged from $103.57 to $104.56.
- F8. Represents the weighted average price of shares sold at prices that ranged from $104.57 to $105.30.
Key Figures
Total shares sold: 40,000 shares
Lowest price range: $102.57 per share
Highest price range: $106.49 per share
+3 more
6 metrics
Total shares sold
40,000 shares
Class A ordinary shares sold indirectly on September 15–16, 2026
Lowest price range
$102.57 per share
Lower end of disclosed weighted-average price ranges for September 2026 sales
Highest price range
$106.49 per share
Upper end of disclosed weighted-average price ranges for September 2026 sales
Direct holdings after transactions
20,396,405 shares
Class A ordinary shares directly held by Ye Gang as of September 15, 2026
Rule 10b5-1 plan adoption date
May 21, 2026
Date a BVI entity controlled by Ye Gang adopted the trading plan
Number of sale transactions
7 transactions
Individual sale entries of Class A ordinary shares reported for September 15–16, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, BVI entity
3 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"
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
"trading plan adopted by a BVI entity controlled by the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sea Ltd (SE) disclose for Ye Gang?
Sea Ltd disclosed that Ye Gang, its director and chief operating officer, reported the sale of 40,000 Class A ordinary shares on September 15–16, 2026. The shares were sold indirectly through a BVI entity he controls under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
