STOCK TITAN
  1. Home
  2. Sec-filings
  3. SE
  4. [Form 4] Sea Ltd Insider Trading Activity

Sea (SE) CPO Chen Jingye logs 1,600-share Rule 10b5-1 sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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 — 217,420 shares (Indirect, By BVI entity); Class A ordinary shares — 9,075,774 shares (Direct, null)
Footnotes (1)
  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. 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. Represents the weighted average price of shares sold at prices that ranged from $85.49 to $86.11. Represents the weighted average price of shares sold at prices that ranged from $86.70 to $86.72. Represents the weighted average price of shares sold at prices that ranged from $81.93 to $82.92. Represents the weighted average price of shares sold at prices that ranged from $82.95 to $83.928. Represents the weighted average price of shares sold at prices that ranged from $83.93 to $84.67. Represents the weighted average price of shares sold at prices that ranged from $85.03 to $85.89.
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
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""
Form 4 Insider Transactions: What Each Field Means →
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*
Chen Jingye
(Last)(First)(Middle)
C/O 1 FUSIONOPOLIS PLACE,
#17-10, GALAXIS
(Street)
SINGAPORESINGAPORE138522
(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)
Director10% Owner
XOfficer (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)
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 shares04/28/2026S384(1)D$85.04(2)218,016IBy BVI entity
Class A ordinary shares04/28/2026S216(1)D$85.92(3)217,800IBy BVI entity
Class A ordinary shares04/28/2026S200(1)D$86.71(4)217,600IBy BVI entity
Class A ordinary shares04/29/2026S180(1)D$82.47(5)217,420IBy BVI entity
Class A ordinary shares04/29/2026S526(1)D$83.29(6)216,894IBy BVI entity
Class A ordinary shares04/29/2026S43(1)D$84.41(7)216,851IBy BVI entity
Class A ordinary shares04/29/2026S42(1)D$85.55(8)216,809IBy BVI entity
Class A ordinary shares04/29/2026S9(1)D$86216,800IBy BVI entity
Class A ordinary shares9,075,774D
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 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 Chen04/30/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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.

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.

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.