Sea Ltd (SE) CCO and GC sells 2,400 shares via BVI 10b5-1 plan

Q: What insider transaction did Sea Ltd (SE) report for Wang Yanjun?

Sea Ltd reported that CCO and GC Wang Yanjun sold 2,400 Class A ordinary shares in open-market transactions on July 8–9, 2026 through a BVI entity he controls.

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

He sold 2,400 Class A ordinary shares , with weighted average sale prices across tranches ranging from $101.75 to $109.54 , according to the reported price ranges and footnotes.

Q: Were the Sea Ltd (SE) insider sales by Wang Yanjun under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on March 26, 2026 .

Q: How many Sea Ltd (SE) shares does Wang Yanjun hold after these transactions?

After the reported transactions, Wang Yanjun holds 1,162,442 Class A ordinary shares directly. He also holds additional shares indirectly through a BVI entity that executed the sales.

Q: What role does Wang Yanjun have at Sea Ltd (SE) in this insider filing?

In this filing, Wang Yanjun is identified as an officer of Sea Ltd, serving as Chief Corporate Officer (CCO) and General Counsel (GC) , and the reported shares are associated with him or entities he controls.

Q: Were the Sea Ltd (SE) insider sales made directly by Wang Yanjun?

The sales were reported as indirect holdings, executed by a BVI entity controlled by Wang Yanjun. The filing classifies these as indirect ownership transactions.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sea Ltd executive Wang Yanjun, CCO and GC, reported open-market sales totaling 2,400 Class A ordinary shares on July 8–9, 2026 through a BVI entity he controls. The shares were sold under a Rule 10b5-1 trading plan adopted on March 26, 2026, at prices ranging from $101.75 to $109.54. Following these transactions, he continues to hold 1,162,442 Class A ordinary shares directly, plus additional shares indirectly via the BVI entity.

Insider Trade Summary 10b5-1

Net Seller: 2,400 shares ($253,641)

Net Sell 11 txns

Insider Wang Yanjun

Role CCO and GC

Sold 2,400 shs ($254K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	93	$105.53	$10K
Sale	Class A ordinary shares	73	$106.51	$8K
Sale	Class A ordinary shares	547	$107.71	$59K
Sale	Class A ordinary shares	398	$108.53	$43K
Sale	Class A ordinary shares	89	$109.25	$10K
Sale	Class A ordinary shares	390	$102.09	$40K
Sale	Class A ordinary shares	331	$102.99	$34K
Sale	Class A ordinary shares	60	$104.35	$6K
Sale	Class A ordinary shares	418	$105.13	$44K
Sale	Class A ordinary shares	1	$105.80	$105.80
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 41,107 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct, null)

Footnotes (1)

The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on March 26, 2026. Represents the weighted average price of shares sold at prices that ranged from $101.75 to $102.72. 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. Represents the weighted average price of shares sold at prices that ranged from $102.75 to $103.71. Represents the weighted average price of shares sold at prices that ranged from $103.76 to $104.74. Represents the weighted average price of shares sold at prices that ranged from $104.75 to $105.64. Represents the weighted average price of shares sold at prices that ranged from $105.02 to $105.83. Represents the weighted average price of shares sold at prices that ranged from $106.02 to $107.01. Represents the weighted average price of shares sold at prices that ranged from $107.07 to $108.00. Represents the weighted average price of shares sold at prices that ranged from $108.02 to $109.01. Represents the weighted average price of shares sold at prices that ranged from $109.02 to $109.54.

Key Figures

Shares sold: 2,400 Class A ordinary shares Sale price range: $101.75–$109.54 per share Direct holdings after transaction: 1,162,442 Class A ordinary shares +2 more

5 metrics

Shares sold 2,400 Class A ordinary shares Total open-market sales reported for July 8–9, 2026

Sale price range $101.75–$109.54 per share Weighted average sale price ranges across reported tranches

Direct holdings after transaction 1,162,442 Class A ordinary shares Direct ownership position following the reported transactions on July 8, 2026

Sell transactions count 10 transactions Number of non-derivative open-market sale entries reported

Rule 10b5-1 plan adoption date March 26, 2026 Adoption date of trading plan used for these sales

Key Terms

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

5 terms

Rule 10b5-1 trading plan regulatory

"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity"

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.

Class A ordinary shares financial

"security_title: Class A ordinary shares for each reported 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 financial

"a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person"

weighted average price financial

"Represents the weighted average price of shares sold at prices that ranged from"

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.

indirect ownership financial

"ownership_type: indirect with nature_of_ownership: By BVI entity"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 06:35 AM Accepted by SEC EDGAR 07/10/2026 - 06:35 AM

FAQ

What insider transaction did Sea Ltd (SE) report for Wang Yanjun?

Sea Ltd reported that CCO and GC Wang Yanjun sold 2,400 Class A ordinary shares in open-market transactions on July 8–9, 2026 through a BVI entity he controls.

How many Sea Ltd (SE) shares did Wang Yanjun sell and at what prices?

He sold 2,400 Class A ordinary shares, with weighted average sale prices across tranches ranging from $101.75 to $109.54, according to the reported price ranges and footnotes.

Were the Sea Ltd (SE) insider sales by Wang Yanjun under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on March 26, 2026.

How many Sea Ltd (SE) shares does Wang Yanjun hold after these transactions?

After the reported transactions, Wang Yanjun holds 1,162,442 Class A ordinary shares directly. He also holds additional shares indirectly through a BVI entity that executed the sales.

What role does Wang Yanjun have at Sea Ltd (SE) in this insider filing?

In this filing, Wang Yanjun is identified as an officer of Sea Ltd, serving as Chief Corporate Officer (CCO) and General Counsel (GC), and the reported shares are associated with him or entities he controls.

Were the Sea Ltd (SE) insider sales made directly by Wang Yanjun?

The sales were reported as indirect holdings, executed by a BVI entity controlled by Wang Yanjun. The filing classifies these as indirect ownership transactions.

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^*

Wang Yanjun

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CCO and GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026

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	07/08/2026		S		390⁽¹⁾	D	$102.09⁽²⁾	42,010	I	By BVI entity
Class A ordinary shares	07/08/2026		S		331⁽¹⁾	D	$102.99⁽³⁾	41,679	I	By BVI entity
Class A ordinary shares	07/08/2026		S		60⁽¹⁾	D	$104.35⁽⁴⁾	41,619	I	By BVI entity
Class A ordinary shares	07/08/2026		S		418⁽¹⁾	D	$105.13⁽⁵⁾	41,201	I	By BVI entity
Class A ordinary shares	07/08/2026		S		1⁽¹⁾	D	$105.8	41,200	I	By BVI entity
Class A ordinary shares	07/09/2026		S		93⁽¹⁾	D	$105.53⁽⁶⁾	41,107	I	By BVI entity
Class A ordinary shares	07/09/2026		S		73⁽¹⁾	D	$106.51⁽⁷⁾	41,034	I	By BVI entity
Class A ordinary shares	07/09/2026		S		547⁽¹⁾	D	$107.71⁽⁸⁾	40,487	I	By BVI entity
Class A ordinary shares	07/09/2026		S		398⁽¹⁾	D	$108.53⁽⁹⁾	40,089	I	By BVI entity
Class A ordinary shares	07/09/2026		S		89⁽¹⁾	D	$109.25⁽¹⁰⁾	40,000	I	By BVI entity
Class A ordinary shares								1,162,442	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 March 26, 2026.

2. Represents the weighted average price of shares sold at prices that ranged from $101.75 to $102.72. 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 $102.75 to $103.71.

4. Represents the weighted average price of shares sold at prices that ranged from $103.76 to $104.74.

5. Represents the weighted average price of shares sold at prices that ranged from $104.75 to $105.64.

6. Represents the weighted average price of shares sold at prices that ranged from $105.02 to $105.83.

7. Represents the weighted average price of shares sold at prices that ranged from $106.02 to $107.01.

8. Represents the weighted average price of shares sold at prices that ranged from $107.07 to $108.00.

9. Represents the weighted average price of shares sold at prices that ranged from $108.02 to $109.01.

10. Represents the weighted average price of shares sold at prices that ranged from $109.02 to $109.54.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	07/10/2026
	** 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