Sea Ltd (NYSE: SE) COO sells 40,000 shares via Rule 10b5-1 plan
Rhea-AI Filing Summary
Sea Ltd director and COO Ye Gang reported selling a total of 40,000 Class A ordinary shares of Sea Ltd on August 5–6, 2026, indirectly through a BVI entity. The sales were executed under a Rule 10b5-1 trading plan adopted by that BVI entity on September 4, 2025.
The reported sale prices reflect weighted average prices within disclosed ranges, including tranches around $111.30, $111.86, $112.44, $113.44, and $114.31 per share. Following these indirect sales, Ye Gang directly held 21,176,405 Class A ordinary shares as of August 5, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
6 txns
Insider
Ye Gang
Role
COO
Sold
40,000 shs ($4.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F5 | 13,005 | $111.30 | $1.45M |
| Sale | Class A ordinary shares F1, F6 | 6,995 | $111.86 | $782K |
| Sale | Class A ordinary shares F1, F2 | 1,493 | $112.44 | $168K |
| Sale | Class A ordinary shares F1, F3 | 12,638 | $113.44 | $1.43M |
| Sale | Class A ordinary shares F1, F4 | 5,869 | $114.31 | $671K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 500,000 shares (Indirect, By BVI entity);
Class A ordinary shares — 21,176,405 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 $111.93 to $112.92. 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 $112.95 to $113.9295.
- F4. Represents the weighted average price of shares sold at prices that ranged from $113.930 to $114.85.
- F5. Represents the weighted average price of shares sold at prices that ranged from $110.61 to $111.605.
- F6. Represents the weighted average price of shares sold at prices that ranged from $111.61 to $112.51.
Key Figures
Shares sold: 40,000 Class A ordinary shares
Sale tranche price: $111.30 per share
Sale tranche price: $111.86 per share
+3 more
6 metrics
Shares sold
40,000 Class A ordinary shares
Total non-derivative shares sold indirectly on August 5–6, 2026
Sale tranche price
$111.30 per share
13,005 shares sold indirectly on August 6, 2026
Sale tranche price
$111.86 per share
6,995 shares sold indirectly on August 6, 2026
Sale price range
$110.61–$114.85
Weighted average price ranges across reported share sales
Direct holdings
21,176,405 Class A ordinary shares
Directly held by Ye Gang as of August 5, 2026
10b5-1 plan adoption date
September 4, 2025
Date BVI entity’s Rule 10b5-1 trading plan was adopted
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.
BVI entity regulatory
"adopted by a BVI entity controlled by the Reporting Person on September 4, 2025"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sea Ltd (SE) report for Ye Gang?
Sea Ltd reported that COO and director Ye Gang indirectly sold 40,000 Class A ordinary shares on August 5–6, 2026 through a BVI entity. All sales were executed under a Rule 10b5-1 trading plan adopted on September 4, 2025.
Were Ye Gang’s Sea Ltd (SE) transactions direct or indirect holdings?
The 40,000 shares sold were reported as indirectly held, described as being held "By BVI entity" controlled by Ye Gang. A separate holding entry shows 21,176,405 shares held directly by him as of August 5, 2026.