Sea Ltd (SE) COO Ye Gang offloads 60,000 shares via 10b5-1 plan
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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Insights
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Insider Trade Summary 10b5-1
Net Seller: 60,000 shares
Net Sell
13 txns
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)
- 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 $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.
- F3. Represents the weighted average price of shares sold at prices that ranged from $126.97 to $127.87.
- F4. Represents the weighted average price of shares sold at prices that ranged from $127.94 to $128.88.
- F5. Represents the weighted average price of shares sold at prices that ranged from $128.99 to $129.83.
- F6. Represents the weighted average price of shares sold at prices that ranged from $129.91 to $130.87.
- F7. Represents the weighted average price of shares sold at prices that ranged from $130.91 to $131.77.
- F8. Represents the weighted average price of shares sold at prices that ranged from $126.41 to $127.40.
- F9. Represents the weighted average price of shares sold at prices that ranged from $127.41 to $128.38.
- F10. Represents the weighted average price of shares sold at prices that ranged from $128.43 to $129.40.
- F11. Represents the weighted average price of shares sold at prices that ranged from $129.41 to $130.38.
- F12. Represents the weighted average price of shares sold at prices that ranged from $130.42 to $131.00.
- F13. Represents the weighted average price of shares sold at prices that ranged from $131.67 to $131.81.
Key Figures
Total shares sold: 60,000 shares
Price range of sales: $125.90–$131.81 per share
Example transaction size: 11,318 shares at $128.37
+2 more
5 metrics
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
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..."
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
"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) 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.