Sea CPO Chen Jingye sells 1,600 Class A shares

Q: What did Sea (SE) CPO Chen Jingye report in this Form 4?

Chen Jingye reported open-market sales of 1,600 Class A ordinary shares of Sea Ltd. The sales were conducted over two days at multiple prices in the mid-$80 range under a pre-arranged Rule 10b5-1 trading plan.

Q: How many Sea (SE) shares did Chen Jingye sell and at what prices?

The Form 4 shows 1,600 Class A ordinary shares sold. Reported prices include $86.71, $86.00, $85.92, $85.04 and $82.47 per share, reflecting multiple small transactions over April 28–29, 2026.

Q: Were Chen Jingye’s Sea (SE) share sales made 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 the reporting person on August 28, 2025, indicating the trades were pre-arranged rather than timed discretionarily.

Q: How many Sea (SE) shares does Chen Jingye still own after these transactions?

After the reported activity, Chen Jingye directly holds 9,075,774 Class A ordinary shares of Sea Ltd. This direct holding significantly exceeds the 1,600 shares sold, so the Form 4 reflects a relatively small change in his overall position.

Q: Are Chen Jingye’s Sea (SE) shares held directly or through another entity?

The Form 4 shows direct ownership of 9,075,774 shares and separate small sales executed by a BVI entity noted as being controlled by the reporting person. Those sale transactions are reported as indirect ownership under the BVI entity.

Sea Ltd Chief Product Officer for Shopee, Chen Jingye, reported small open-market sales of Class A ordinary shares through an affiliated BVI entity.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Sea Ltd Chief Product Officer for Shopee, Chen Jingye, reported small open-market sales of Class A ordinary shares through an affiliated BVI entity. The filing shows total sales of 1,600 shares across April 28–29, 2026 at prices including $86.71, $86.00 and $82.47 per share.

The trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted by the BVI entity controlled by the reporting person on August 28, 2025. After these transactions, Chen continues to hold 9,075,774 Class A ordinary shares directly, indicating that the reported sales represent a small portion of his overall stake.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares

Net Sell 9 txns

Insider Chen Jingye

Role CPO, Shopee

Sold 1,600 shs ($135K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	180	$82.47	$15K
Sale	Class A ordinary shares	526	$83.29	$44K
Sale	Class A ordinary shares	43	$84.41	$4K
Sale	Class A ordinary shares	42	$85.55	$4K
Sale	Class A ordinary shares	9	$86.00	$774.00
Sale	Class A ordinary shares	384	$85.04	$33K
Sale	Class A ordinary shares	216	$85.92	$19K
Sale	Class A ordinary shares	200	$86.71	$17K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 216,800 shares (Indirect, By BVI entity); Class A ordinary shares — 9,075,774 shares (Direct)

Footnotes (8)

F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
F2. Represents the weighted average price of shares sold at prices that ranged from $84.46 to $85.44. 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 $85.49 to $86.11.
F4. Represents the weighted average price of shares sold at prices that ranged from $86.70 to $86.72.
F5. Represents the weighted average price of shares sold at prices that ranged from $81.93 to $82.92.
F6. Represents the weighted average price of shares sold at prices that ranged from $82.95 to $83.928.
F7. Represents the weighted average price of shares sold at prices that ranged from $83.93 to $84.67.
F8. Represents the weighted average price of shares sold at prices that ranged from $85.03 to $85.89.

Key Figures

Shares sold: 1,600 shares Direct holdings after transactions: 9,075,774 shares Sample sale price: $86.71/share +2 more

5 metrics

Shares sold 1,600 shares Total Class A ordinary shares sold across April 28–29, 2026

Direct holdings after transactions 9,075,774 shares Class A ordinary shares held directly as of April 28, 2026

Sample sale price $86.71/share Open-market sale price on April 28, 2026

Sample sale price $82.47/share Open-market sale price on April 29, 2026

Rule 10b5-1 plan adoption date August 28, 2025 Date BVI entity’s trading plan was adopted

Key Terms

Class A ordinary shares, open-market sale, Rule 10b5-1 trading plan, indirect ownership

4 terms

Class A ordinary shares financial

"security_title: "Class A ordinary shares""

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.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Rule 10b5-1 trading plan regulatory

"shares were sold pursuant to a Rule 10b5-1 trading plan"

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.

indirect ownership financial

"ownership_type: "indirect" with nature_of_ownership "By BVI entity""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sea (SE) CPO Chen Jingye report in this Form 4?

Chen Jingye reported open-market sales of 1,600 Class A ordinary shares of Sea Ltd. The sales were conducted over two days at multiple prices in the mid-$80 range under a pre-arranged Rule 10b5-1 trading plan.

How many Sea (SE) shares did Chen Jingye sell and at what prices?

The Form 4 shows 1,600 Class A ordinary shares sold. Reported prices include $86.71, $86.00, $85.92, $85.04 and $82.47 per share, reflecting multiple small transactions over April 28–29, 2026.

How many Sea (SE) shares does Chen Jingye still own after these transactions?

After the reported activity, Chen Jingye directly holds 9,075,774 Class A ordinary shares of Sea Ltd. This direct holding significantly exceeds the 1,600 shares sold, so the Form 4 reflects a relatively small change in his overall position.

Are Chen Jingye’s Sea (SE) shares held directly or through another entity?

The Form 4 shows direct ownership of 9,075,774 shares and separate small sales executed by a BVI entity noted as being controlled by the reporting person. Those sale transactions are reported as indirect ownership under the BVI entity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 04/30/2026 - 06:01 AM EDT

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^*

Chen Jingye

(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)
	CPO, Shopee

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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	04/28/2026		S		384⁽¹⁾	D	$85.04⁽²⁾	218,016	I	By BVI entity
Class A ordinary shares	04/28/2026		S		216⁽¹⁾	D	$85.92⁽³⁾	217,800	I	By BVI entity
Class A ordinary shares	04/28/2026		S		200⁽¹⁾	D	$86.71⁽⁴⁾	217,600	I	By BVI entity
Class A ordinary shares	04/29/2026		S		180⁽¹⁾	D	$82.47⁽⁵⁾	217,420	I	By BVI entity
Class A ordinary shares	04/29/2026		S		526⁽¹⁾	D	$83.29⁽⁶⁾	216,894	I	By BVI entity
Class A ordinary shares	04/29/2026		S		43⁽¹⁾	D	$84.41⁽⁷⁾	216,851	I	By BVI entity
Class A ordinary shares	04/29/2026		S		42⁽¹⁾	D	$85.55⁽⁸⁾	216,809	I	By BVI entity
Class A ordinary shares	04/29/2026		S		9⁽¹⁾	D	$86	216,800	I	By BVI entity
Class A ordinary shares								9,075,774	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 August 28, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $84.46 to $85.44. 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 $85.49 to $86.11.

4. Represents the weighted average price of shares sold at prices that ranged from $86.70 to $86.72.

5. Represents the weighted average price of shares sold at prices that ranged from $81.93 to $82.92.

6. Represents the weighted average price of shares sold at prices that ranged from $82.95 to $83.928.

7. Represents the weighted average price of shares sold at prices that ranged from $83.93 to $84.67.

8. Represents the weighted average price of shares sold at prices that ranged from $85.03 to $85.89.

	/s/ Mark Tang, attorney-in-fact for Jingye Chen	04/30/2026
	** 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