Sea COO Ye Gang sells 50,000 shares at ~$118

Q: What insider transaction did Sea Ltd (SE) report for Ye Gang?

Sea Ltd reported that director and COO Ye Gang, through a controlled BVI entity, sold a total of 50,000 Class A ordinary shares in a series of transactions on August 27–28, 2026 in open-market or private transactions.

Q: How many Sea Ltd (SE) shares did Ye Gang sell and at what prices?

Ye Gang’s controlled BVI entity sold 50,000 Class A ordinary shares of Sea Ltd at weighted average prices per trade ranging from about $116.61 to $120.78 per share, based on the price ranges disclosed for each transaction.

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

Yes. The filing 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 Form 4 affirms Rule 10b5-1 plan status.

Q: Does Ye Gang still own Sea Ltd (SE) shares after these transactions?

Yes. After the reported sales, Ye Gang held 20,976,405 Class A ordinary shares of Sea Ltd directly as of August 27, 2026. The Form 4 also reports additional activity through a controlled BVI entity, but its remaining holdings are not quantified here.

Q: Were Ye Gang’s Sea Ltd (SE) sales direct or through another entity?

The reported sales were made indirectly through a BVI entity controlled by Ye Gang. The Form 4 classifies these as indirect ownership transactions, while also disclosing a separate direct holding of 20,976,405 shares.

Sea Ltd (SE) reported that director and COO Ye Gang, through a BVI entity he controls, sold an aggregate 50,000 Class A ordinary shares on August 27–28, 2026 in open-market or private transactions pursuant to a Rule 10b5-1 trading plan.

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Form Type

Rhea-AI Filing Summary

Sea Ltd (SE) reported that director and COO Ye Gang, through a BVI entity he controls, sold an aggregate 50,000 Class A ordinary shares on August 27–28, 2026 in open-market or private transactions pursuant to a Rule 10b5-1 trading plan.

The weighted average prices for these sales ranged from about $116.61 to $120.78 per share across the reported price ranges. Following these transactions, Ye Gang held 20,976,405 Class A ordinary shares directly as of August 27, 2026, in addition to any indirectly held shares not quantified here.

Insights

Analyzing...

Insider Trade Summary 10b5-1

Net Seller: 50,000 shares

Net Sell 7 txns

Insider Ye Gang

Role COO

Sold 50,000 shs ($5.94M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares ^{F1, F4}	577	$118.13	$68K
Sale	Class A ordinary shares ^{F1, F5}	13,848	$119.35	$1.65M
Sale	Class A ordinary shares ^{F1, F6}	15,575	$120.30	$1.87M
Sale	Class A ordinary shares ^{F1, F2}	12,972	$117.24	$1.52M
Sale	Class A ordinary shares ^{F1, F3}	6,656	$117.92	$785K
Sale	Class A ordinary shares ^F1	372	$118.99	$44K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 298,792 shares (Indirect, By BVI entity); Class A ordinary shares — 20,976,405 shares (Direct)

Footnotes (6)

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 $116.61 to $117.61. 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 $117.62 to $118.35.
F4. Represents the weighted average price of shares sold at prices that ranged from $117.80 to $118.77.
F5. Represents the weighted average price of shares sold at prices that ranged from $118.82 to $119.7994.
F6. Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.78.

Key Figures

Total shares sold: 50,000 Class A ordinary shares Shares sold 2026-08-28 (tranche 1): 577 Class A ordinary shares at $118.13 per share Shares sold 2026-08-28 (tranche 2): 13,848 Class A ordinary shares at $119.35 per share +5 more

8 metrics

Total shares sold 50,000 Class A ordinary shares Aggregate shares sold indirectly via BVI entity on August 27–28, 2026

Shares sold 2026-08-28 (tranche 1) 577 Class A ordinary shares at $118.13 per share Indirect sale via BVI entity on August 28, 2026

Shares sold 2026-08-28 (tranche 2) 13,848 Class A ordinary shares at $119.35 per share Indirect sale via BVI entity on August 28, 2026

Shares sold 2026-08-28 (tranche 3) 15,575 Class A ordinary shares at $120.30 per share Indirect sale via BVI entity on August 28, 2026

Shares sold 2026-08-27 (tranche 1) 12,972 Class A ordinary shares at $117.24 per share Indirect sale via BVI entity on August 27, 2026

Shares sold 2026-08-27 (tranche 2) 6,656 Class A ordinary shares at $117.92 per share Indirect sale via BVI entity on August 27, 2026

Shares sold 2026-08-27 (tranche 3) 372 Class A ordinary shares at $118.99 per share Indirect sale via BVI entity on August 27, 2026

Direct holdings after transaction 20,976,405 Class A ordinary shares Directly held by Ye Gang as of August 27, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, indirect ownership, +1 more

5 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.

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.

indirect ownership financial

"transaction classified as indirect with nature of ownership "By BVI entity""

open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

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 controlled BVI entity, sold a total of 50,000 Class A ordinary shares in a series of transactions on August 27–28, 2026 in open-market or private transactions.

How many Sea Ltd (SE) shares did Ye Gang sell and at what prices?

Ye Gang’s controlled BVI entity sold 50,000 Class A ordinary shares of Sea Ltd at weighted average prices per trade ranging from about $116.61 to $120.78 per share, based on the price ranges disclosed for each transaction.

Does Ye Gang still own Sea Ltd (SE) shares after these transactions?

Yes. After the reported sales, Ye Gang held 20,976,405 Class A ordinary shares of Sea Ltd directly as of August 27, 2026. The Form 4 also reports additional activity through a controlled BVI entity, but its remaining holdings are not quantified here.

Were Ye Gang’s Sea Ltd (SE) sales direct or through another entity?

The reported sales were made indirectly through a BVI entity controlled by Ye Gang. The Form 4 classifies these as indirect ownership transactions, while also disclosing a separate direct holding of 20,976,405 shares.

On which dates did Ye Gang’s BVI entity sell Sea Ltd (SE) shares?

The BVI entity controlled by Ye Gang sold Sea Ltd Class A ordinary shares on August 27, 2026 and August 28, 2026, in multiple tranches at different weighted average prices within the disclosed price ranges.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/31/2026 - 06:56 AM EDT Accepted by SEC EDGAR 08/31/2026 - 06:15 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)
08/27/2026

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	08/27/2026		S		12,972⁽¹⁾	D	$117.24⁽²⁾	335,820	I	By BVI entity
Class A ordinary shares	08/27/2026		S		6,656⁽¹⁾	D	$117.92⁽³⁾	329,164	I	By BVI entity
Class A ordinary shares	08/27/2026		S		372⁽¹⁾	D	$118.99	328,792	I	By BVI entity
Class A ordinary shares	08/28/2026		S		577⁽¹⁾	D	$118.13⁽⁴⁾	328,215	I	By BVI entity
Class A ordinary shares	08/28/2026		S		13,848⁽¹⁾	D	$119.35⁽⁵⁾	314,367	I	By BVI entity
Class A ordinary shares	08/28/2026		S		15,575⁽¹⁾	D	$120.3⁽⁶⁾	298,792	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 $116.61 to $117.61. 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 $117.62 to $118.35.

4. Represents the weighted average price of shares sold at prices that ranged from $117.80 to $118.77.

5. Represents the weighted average price of shares sold at prices that ranged from $118.82 to $119.7994.

6. Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.78.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	08/31/2026
	** 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