Sea Ltd (NYSE: SE) executive trades 2,700 shares under 10b5-1 plan
Rhea-AI Filing Summary
Sea Ltd’s CCO and GC, Wang Yanjun, reported that a BVI entity he controls sold 2,700 Class A ordinary shares on July 16–17, 2026 at weighted-average prices within $100.94–$111.37 per share under a Rule 10b5-1 trading plan adopted March 26, 2026, leaving 31,300 indirectly held shares and 1,162,442 directly held shares reported as of July 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,700 shares
Net Sell
12 txns
Insider
Wang Yanjun
Role
CCO and GC
Sold
2,700 shs ($286K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F8 | 223 | $101.46 | $23K |
| Sale | Class A ordinary shares F1, F9 | 205 | $102.47 | $21K |
| Sale | Class A ordinary shares F1, F10 | 490 | $103.44 | $51K |
| Sale | Class A ordinary shares F1, F11 | 210 | $104.45 | $22K |
| Sale | Class A ordinary shares F1, F12 | 72 | $105.11 | $8K |
| Sale | Class A ordinary shares F1, F2 | 463 | $106.05 | $49K |
| Sale | Class A ordinary shares F1, F3 | 211 | $107.35 | $23K |
| Sale | Class A ordinary shares F1, F4 | 147 | $107.96 | $16K |
| Sale | Class A ordinary shares F1, F5 | 184 | $109.10 | $20K |
| Sale | Class A ordinary shares F1, F6 | 153 | $110.12 | $17K |
| Sale | Class A ordinary shares F1, F7 | 342 | $111.00 | $38K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 31,300 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,162,442 shares (Direct)
Footnotes (12)
- F1. 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.
- F2. Represents the weighted average price of shares sold at prices that ranged from $105.67 to $106.66. 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 $106.70 to $107.66.
- F4. Represents the weighted average price of shares sold at prices that ranged from $107.68 to $108.63.
- F5. Represents the weighted average price of shares sold at prices that ranged from $108.69 to $109.65.
- F6. Represents the weighted average price of shares sold at prices that ranged from $109.68 to $110.58.
- F7. Represents the weighted average price of shares sold at prices that ranged from $110.69 to $111.37.
- F8. Represents the weighted average price of shares sold at prices that ranged from $100.94 to $101.93.
- F9. Represents the weighted average price of shares sold at prices that ranged from $101.94 to $102.93.
- F10. Represents the weighted average price of shares sold at prices that ranged from $102.94 to $103.93.
- F11. Represents the weighted average price of shares sold at prices that ranged from $103.94 to $104.89.
- F12. Represents the weighted average price of shares sold at prices that ranged from $104.94 to $105.44.
Key Figures
Shares sold: 2,700 Class A ordinary shares
Sale price range: $100.94–$111.37 per share
Indirect holdings after sales: 31,300 Class A ordinary shares
+3 more
6 metrics
Shares sold
2,700 Class A ordinary shares
Aggregate shares sold on July 16–17, 2026 by BVI entity under Rule 10b5-1 plan
Sale price range
$100.94–$111.37 per share
Weighted-average price ranges from footnotes F2–F12 for the reported sale transactions
Indirect holdings after sales
31,300 Class A ordinary shares
Indirectly held through BVI entity following July 17, 2026 transactions
Direct holdings
1,162,442 Class A ordinary shares
Directly held shares reported in the July 16, 2026 holding entry
Number of sale transactions
11
Non-derivative sale transactions reported over July 16–17, 2026
10b5-1 plan adoption date
March 26, 2026
Date BVI entity controlled by the reporting person adopted its Rule 10b5-1 trading plan
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 other
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the Sea Ltd (SE) executive report in this Form 4?
Sea Ltd’s CCO and GC, Wang Yanjun, reported that a BVI entity he controls sold 2,700 Class A ordinary shares in multiple transactions on July 16–17, 2026 under a Rule 10b5-1 trading plan, while retaining both indirect and direct holdings in Sea Ltd.
Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?
Yes. Footnote F1 explains 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, and the filing’s 10b5-1 checkbox is also affirmed as true for these transactions.
How many separate Sea Ltd (SE) sale transactions were disclosed?
The Form 4 lists 11 non-derivative sale transactions over July 16–17, 2026, all in Class A ordinary shares, plus one direct-holding line showing 1,162,442 shares. The sale transactions together account for an aggregate of 2,700 shares sold.