Sea Ltd (NYSE: SE) insider entity sells 1,600 Class A ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sea Ltd’s Chief Corporate Officer and General Counsel, Wang Yanjun, reported indirect open-market sales of 1,600 Class A ordinary shares over March 30–31, 2026 by a BVI entity he controls, under a pre-arranged Rule 10b5-1 trading plan.
The shares were sold in multiple trades at weighted average prices around the high‑$70s to low‑$80s per share. After these indirect sales, the filing shows 30,000 Class A shares held indirectly by the BVI entity and 1,220,976 Class A shares held directly by Wang.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,600 shares ($128,327)
Net Sell
6 txns
Insider
Wang Yanjun
Role
CCO and GC
Sold
1,600 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 306 | $80.78 | $25K |
| Sale | Class A ordinary shares | 72 | $81.77 | $6K |
| Sale | Class A ordinary shares | 422 | $82.58 | $35K |
| Sale | Class A ordinary shares | 656 | $78.45 | $51K |
| Sale | Class A ordinary shares | 144 | $79.23 | $11K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 30,494 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,220,976 shares (Direct)
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 September 4, 2025. Represents the weighted average price of shares sold at prices that ranged from $77.99 to $78.97. 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 $78.99 to $79.55. Represents the weighted average price of shares sold at prices that ranged from $80.28 to $81.12. Represents the weighted average price of shares sold at prices that ranged from $81.29 to $82.10. Represents the weighted average price of shares sold at prices that ranged from $82.44 to $82.76.
Key Figures
Total shares sold: 1,600 shares
Sample sale price: $78.45 per share
Highest reported sale price: $82.58 per share
+3 more
6 metrics
Total shares sold
1,600 shares
Net insider sales of Class A shares over March 30–31, 2026
Sample sale price
$78.45 per share
March 30, 2026 open-market sale price for 656 shares
Highest reported sale price
$82.58 per share
March 31, 2026 open-market sale price for 422 shares
Indirect holdings after sales
30,000 shares
Class A ordinary shares held indirectly via BVI entity after transactions
Direct holdings after update
1,220,976 shares
Class A ordinary shares held directly as of March 30, 2026 holding line
Price range from footnotes
$77.99–$82.76
Weighted-average sale price ranges cited across multiple trades
Key Terms
Rule 10b5-1 trading plan, Class A ordinary shares, BVI entity, weighted average price
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.
BVI entity financial
"A BVI entity controlled by the Reporting Person executed the sales."
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.