STOCK TITAN

Sea Ltd (NYSE: SE) COO sells 40,000 shares via Rule 10b5-1 plan

(Very High)
(Negative)
Form Type
4

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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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)
  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 $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.
  3. F3. Represents the weighted average price of shares sold at prices that ranged from $112.95 to $113.9295.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $113.930 to $114.85.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $110.61 to $111.605.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $111.61 to $112.51.
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
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.
Class A ordinary shares financial
"security_title: Class A ordinary shares in each non-derivative transaction"
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 regulatory
"adopted by a BVI entity controlled by the Reporting Person on September 4, 2025"

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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.

How many Sea Ltd (SE) shares does Ye Gang hold after the reported sale?

After the reported indirect sales, Ye Gang directly held 21,176,405 Class A ordinary shares of Sea Ltd as of August 5, 2026. The sold shares were held indirectly through a BVI entity controlled by him, separate from these direct holdings.

Were Ye Gang’s Sea Ltd (SE) share sales made under a Rule 10b5-1 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. This indicates the trades followed a pre-established, automated trading arrangement.

At what prices were Ye Gang’s Sea Ltd (SE) shares sold?

The sales used weighted average prices with tranches reported around $111.30, $111.86, $112.44, $113.44, and $114.31 per share. Footnotes explain these are averages over ranges from $110.61 to $114.85.

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.
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)
08/05/2026
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 shares08/05/2026S1,493(1)D$112.44(2)538,507IBy BVI entity
Class A ordinary shares08/05/2026S12,638(1)D$113.44(3)525,869IBy BVI entity
Class A ordinary shares08/05/2026S5,869(1)D$114.31(4)520,000IBy BVI entity
Class A ordinary shares08/06/2026S13,005(1)D$111.3(5)506,995IBy BVI entity
Class A ordinary shares08/06/2026S6,995(1)D$111.86(6)500,000IBy 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 $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.
3. Represents the weighted average price of shares sold at prices that ranged from $112.95 to $113.9295.
4. Represents the weighted average price of shares sold at prices that ranged from $113.930 to $114.85.
5. Represents the weighted average price of shares sold at prices that ranged from $110.61 to $111.605.
6. Represents the weighted average price of shares sold at prices that ranged from $111.61 to $112.51.
/s/ Mark Tang, attorney-in-fact for Gang Ye08/07/2026
** 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)