STOCK TITAN

Sea Ltd (NYSE: SE) CCO sells 3,000 shares under 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd (SE) reported that officer Wang Yanjun, its CCO and GC, filed a Form 4 disclosing open-market sales of a total of 3,000 Class A ordinary shares on August 25–26, 2026. The sales were made indirectly through a BVI entity controlled by him under a Rule 10b5-1 trading plan adopted on March 26, 2026. The reported weighted-average sale prices span the high-$110s to low-$120s per share. Following these transactions, Wang reports direct ownership of 1,132,842 Class A ordinary shares of Sea Ltd.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 3,000 shs ($360K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F9 795 $119.23 $95K
Sale Class A ordinary shares F1, F10 407 $120.06 $49K
Sale Class A ordinary shares F1, F11 298 $121.02 $36K
Sale Class A ordinary shares F1, F2 287 $117.67 $34K
Sale Class A ordinary shares F1, F3 389 $118.37 $46K
Sale Class A ordinary shares F1, F4 194 $119.46 $23K
Sale Class A ordinary shares F1, F5 118 $120.49 $14K
Sale Class A ordinary shares F1, F6 197 $121.60 $24K
Sale Class A ordinary shares F1, F7 178 $122.69 $22K
Sale Class A ordinary shares F1, F8 137 $123.17 $17K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 21,600 shares (Indirect, By BVI entity); Class A ordinary shares — 1,132,842 shares (Direct)
Footnotes (11)
  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 March 26, 2026.
  2. F2. Represents the weighted average price of shares sold at prices that ranged from $117.00 to $117.995. 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 $118.00 to $118.89.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $119.01 to $119.98.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $120.01 to $120.96.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $121.00 to $121.96.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $122.15 to $122.997.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $123.00 to $123.30.
  9. F9. Represents the weighted average price of shares sold at prices that ranged from $118.61 to $119.60.
  10. F10. Represents the weighted average price of shares sold at prices that ranged from $119.61 to $120.60.
  11. F11. Represents the weighted average price of shares sold at prices that ranged from $120.61 to $121.37.
Total shares sold 3,000 shares Aggregate of ten open-market sales on August 25–26, 2026
Representative sale price range $117.00 to $117.995 Weighted-average price range for one August 25, 2026 sale tranche
Highest reported price range $123.00 to $123.30 Weighted-average price range for one August 25, 2026 sale tranche
Direct holdings after transactions 1,132,842 shares Directly owned Class A ordinary shares as of August 25, 2026
Rule 10b5-1 plan adoption date March 26, 2026 Adoption date of trading plan used for the reported sales
Number of sale transactions 10 transactions Count of non-derivative sale entries reported in this Form 4
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"
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""
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.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By BVI entity""
BVI entity regulatory
"adopted by a BVI entity controlled by the Reporting Person"

FAQ

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

Sea Ltd reported that CCO and GC Wang Yanjun filed a Form 4 for open-market sales of 3,000 Class A ordinary shares on August 25–26, 2026, executed indirectly through a BVI entity he controls.

How many Sea Ltd (SE) shares did Wang Yanjun sell and over what dates?

Wang Yanjun reported selling 3,000 Class A ordinary shares of Sea Ltd in ten transactions on August 25 and 26, 2026, all categorized as open-market or private sales.

At what prices were Wang Yanjun’s Sea Ltd (SE) shares sold?

The reported weighted-average prices per transaction ranged from about $117 to about $123 per share, with specific ranges such as $117.00 to $117.995 and $123.00 to $123.30 disclosed in the footnotes.

Were Wang Yanjun’s Sea Ltd (SE) share sales 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, and the plan-status checkbox is marked true.

Did Wang Yanjun sell Sea Ltd (SE) shares directly or through another entity?

All reported sales were indirect, made by a BVI entity controlled by Wang Yanjun. The Form 4 labels ownership for these transactions as indirect, “By BVI entity.”

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

After the reported sales, Wang Yanjun reports direct ownership of 1,132,842 Class A ordinary shares of Sea Ltd as of August 25, 2026. The filing does not state the remaining indirectly held amount.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Wang Yanjun

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CCO and GC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
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 shares08/25/2026S287(1)D$117.67(2)24,313IBy BVI entity
Class A ordinary shares08/25/2026S389(1)D$118.37(3)23,924IBy BVI entity
Class A ordinary shares08/25/2026S194(1)D$119.46(4)23,730IBy BVI entity
Class A ordinary shares08/25/2026S118(1)D$120.49(5)23,612IBy BVI entity
Class A ordinary shares08/25/2026S197(1)D$121.6(6)23,415IBy BVI entity
Class A ordinary shares08/25/2026S178(1)D$122.69(7)23,237IBy BVI entity
Class A ordinary shares08/25/2026S137(1)D$123.17(8)23,100IBy BVI entity
Class A ordinary shares08/26/2026S795(1)D$119.23(9)22,305IBy BVI entity
Class A ordinary shares08/26/2026S407(1)D$120.06(10)21,898IBy BVI entity
Class A ordinary shares08/26/2026S298(1)D$121.02(11)21,600IBy BVI entity
Class A ordinary shares1,132,842D
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 March 26, 2026.
2. Represents the weighted average price of shares sold at prices that ranged from $117.00 to $117.995. 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 $118.00 to $118.89.
4. Represents the weighted average price of shares sold at prices that ranged from $119.01 to $119.98.
5. Represents the weighted average price of shares sold at prices that ranged from $120.01 to $120.96.
6. Represents the weighted average price of shares sold at prices that ranged from $121.00 to $121.96.
7. Represents the weighted average price of shares sold at prices that ranged from $122.15 to $122.997.
8. Represents the weighted average price of shares sold at prices that ranged from $123.00 to $123.30.
9. Represents the weighted average price of shares sold at prices that ranged from $118.61 to $119.60.
10. Represents the weighted average price of shares sold at prices that ranged from $119.61 to $120.60.
11. Represents the weighted average price of shares sold at prices that ranged from $120.61 to $121.37.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang08/27/2026
** 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)