STOCK TITAN

Sea Ltd (SE) COO Ye Gang offloads 60,000 shares via 10b5-1 plan

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd COO and director Ye Gang, through a BVI entity he controls, reported open-market sales of 60,000 Class A ordinary shares on August 11–12, 2026, at weighted average prices within ranges from $125.90 to $131.81. These transactions were executed under a Rule 10b5-1 trading plan adopted on September 4, 2025. Following these trades, Ye Gang directly holds 21,176,405 Class A ordinary shares of Sea Ltd.

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Insider Ye Gang
Role COO
Sold 60,000 shs ($7.74M)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F8 4,145 $127.06 $527K
Sale Class A ordinary shares F1, F9 10,225 $127.79 $1.31M
Sale Class A ordinary shares F1, F10 5,085 $128.95 $656K
Sale Class A ordinary shares F1, F11 8,180 $129.67 $1.06M
Sale Class A ordinary shares F1, F12 2,220 $130.80 $290K
Sale Class A ordinary shares F1, F13 145 $131.68 $19K
Sale Class A ordinary shares F1, F2 1,100 $126.25 $139K
Sale Class A ordinary shares F1, F3 1,941 $127.43 $247K
Sale Class A ordinary shares F1, F4 11,318 $128.37 $1.45M
Sale Class A ordinary shares F1, F5 3,684 $129.27 $476K
Sale Class A ordinary shares F1, F6 5,665 $130.54 $740K
Sale Class A ordinary shares F1, F7 6,292 $131.21 $826K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 400,000 shares (Indirect, By BVI entity); Class A ordinary shares — 21,176,405 shares (Direct)
Footnotes (13)
  1. 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.
  2. F2. Represents the weighted average price of shares sold at prices that ranged from $125.90 to $126.89. 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. F3. Represents the weighted average price of shares sold at prices that ranged from $126.97 to $127.87.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $127.94 to $128.88.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $128.99 to $129.83.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $129.91 to $130.87.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $130.91 to $131.77.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $126.41 to $127.40.
  9. F9. Represents the weighted average price of shares sold at prices that ranged from $127.41 to $128.38.
  10. F10. Represents the weighted average price of shares sold at prices that ranged from $128.43 to $129.40.
  11. F11. Represents the weighted average price of shares sold at prices that ranged from $129.41 to $130.38.
  12. F12. Represents the weighted average price of shares sold at prices that ranged from $130.42 to $131.00.
  13. F13. Represents the weighted average price of shares sold at prices that ranged from $131.67 to $131.81.
Total shares sold 60,000 shares Aggregate Class A ordinary shares sold on August 11–12, 2026
Price range of sales $125.90–$131.81 per share Weighted average sale prices across reported transactions
Example transaction size 11,318 shares at $128.37 Single sale of Class A ordinary shares on August 11, 2026
Direct holdings after transactions 21,176,405 shares Directly owned Class A ordinary shares as of August 11, 2026
Rule 10b5-1 plan adoption date September 4, 2025 Adoption date of trading plan used for these sales
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 in multiple transactions"
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
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity..."

FAQ

What did Sea Ltd (SE) COO Ye Gang report in this Form 4?

Ye Gang reported that a BVI entity he controls sold 60,000 Class A ordinary shares of Sea Ltd in open-market transactions on August 11–12, 2026, at various weighted average prices between $125.90 and $131.81.

Were Ye Gang’s Sea Ltd (SE) share sales made under a trading plan?

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on September 4, 2025, indicating the transactions were pre-arranged.

How many Sea Ltd (SE) shares did Ye Gang sell and over what dates?

In total, 60,000 Class A ordinary shares of Sea Ltd were sold on August 11 and 12, 2026, across multiple open-market transactions at different weighted average price ranges.

What price ranges applied to Ye Gang’s Sea Ltd (SE) share sales?

The reported weighted average prices correspond to sales within ranges from $125.90 to $131.81, with separate transactions grouped into narrower ranges as detailed in the footnotes to the Form 4.

How many Sea Ltd (SE) shares does Ye Gang still hold after these trades?

After the reported transactions, Ye Gang directly owns 21,176,405 Class A ordinary shares of Sea Ltd. The filing reports this figure in a separate direct holding entry dated August 11, 2026.

Were Ye Gang’s Sea Ltd (SE) sales made directly or through an entity?

The sales were reported as indirect holdings, with ownership described as "By BVI entity". The footnotes explain this BVI entity is controlled by the reporting person, Ye Gang.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
X
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)
SINGAPORE138522

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A ordinary shares08/11/2026S1,100(1)D$126.25(2)458,900IBy BVI entity
Class A ordinary shares08/11/2026S1,941(1)D$127.43(3)456,959IBy BVI entity
Class A ordinary shares08/11/2026S11,318(1)D$128.37(4)445,641IBy BVI entity
Class A ordinary shares08/11/2026S3,684(1)D$129.27(5)441,957IBy BVI entity
Class A ordinary shares08/11/2026S5,665(1)D$130.54(6)436,292IBy BVI entity
Class A ordinary shares08/11/2026S6,292(1)D$131.21(7)430,000IBy BVI entity
Class A ordinary shares08/12/2026S4,145(1)D$127.06(8)425,855IBy BVI entity
Class A ordinary shares08/12/2026S10,225(1)D$127.79(9)415,630IBy BVI entity
Class A ordinary shares08/12/2026S5,085(1)D$128.95(10)410,545IBy BVI entity
Class A ordinary shares08/12/2026S8,180(1)D$129.67(11)402,365IBy BVI entity
Class A ordinary shares08/12/2026S2,220(1)D$130.8(12)400,145IBy BVI entity
Class A ordinary shares08/12/2026S145(1)D$131.68(13)400,000IBy BVI entity
Class A ordinary shares21,176,405D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 $125.90 to $126.89. 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 $126.97 to $127.87.
4. Represents the weighted average price of shares sold at prices that ranged from $127.94 to $128.88.
5. Represents the weighted average price of shares sold at prices that ranged from $128.99 to $129.83.
6. Represents the weighted average price of shares sold at prices that ranged from $129.91 to $130.87.
7. Represents the weighted average price of shares sold at prices that ranged from $130.91 to $131.77.
8. Represents the weighted average price of shares sold at prices that ranged from $126.41 to $127.40.
9. Represents the weighted average price of shares sold at prices that ranged from $127.41 to $128.38.
10. Represents the weighted average price of shares sold at prices that ranged from $128.43 to $129.40.
11. Represents the weighted average price of shares sold at prices that ranged from $129.41 to $130.38.
12. Represents the weighted average price of shares sold at prices that ranged from $130.42 to $131.00.
13. Represents the weighted average price of shares sold at prices that ranged from $131.67 to $131.81.
/s/ Mark Tang, attorney-in-fact for Gang Ye08/13/2026
** Signature of Reporting PersonDate
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)