Sea Ltd CCO reports 3,000-share 10b5-1 stock sale

Sea Ltd chief corporate officer and general counsel Wang Yanjun reported open-market sales of 3,000 Class A ordinary shares on July 10 and July 13, 2026.

Rhea-AI Filing Summary

Sea Ltd chief corporate officer and general counsel Wang Yanjun reported open-market sales of 3,000 Class A ordinary shares on July 10 and July 13, 2026. The trades were executed by a BVI entity controlled by Wang pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026, with weighted average sale prices across disclosed ranges between about $110.64 and $115.35 per share.

After these transactions, the BVI entity held 37,000 Class A ordinary shares indirectly. Separately, Wang continued to hold 1,162,442 Class A ordinary shares directly, which were not part of the reported sales.

Insider Trade Summary 10b5-1

Net Seller: 3,000 shares

Net Sell 10 txns

Insider Wang Yanjun

Role CCO and GC

Sold 3,000 shs ($339K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares F1, F6	517	$111.22	$58K
Sale	Class A ordinary shares F1, F7	494	$111.93	$55K
Sale	Class A ordinary shares F1, F8	204	$113.08	$23K
Sale	Class A ordinary shares F1, F9	127	$114.21	$15K
Sale	Class A ordinary shares F1, F10	158	$114.93	$18K
Sale	Class A ordinary shares F1, F2	527	$111.96	$59K
Sale	Class A ordinary shares F1, F3	176	$113.25	$20K
Sale	Class A ordinary shares F1, F4	454	$113.92	$52K
Sale	Class A ordinary shares F1, F5	343	$114.70	$39K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 37,000 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct)

Footnotes (10)

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 $111.43 to $112.39. 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 $112.44 to $113.42.
4. F4. Represents the weighted average price of shares sold at prices that ranged from $113.43 to $114.42.
5. F5. Represents the weighted average price of shares sold at prices that ranged from $114.43 to $115.35.
6. F6. Represents the weighted average price of shares sold at prices that ranged from $110.64 to $111.63.
7. F7. Represents the weighted average price of shares sold at prices that ranged from $111.64 to $112.62.
8. F8. Represents the weighted average price of shares sold at prices that ranged from $112.64 to $113.58.
9. F9. Represents the weighted average price of shares sold at prices that ranged from $113.70 to $114.60.
10. F10. Represents the weighted average price of shares sold at prices that ranged from $114.66 to $115.24.

Key Figures

Shares sold: 3000 shares Direct holdings after report: 1162442 shares Indirect holdings after sales: 37000 shares +2 more

5 metrics

Shares sold 3000 shares Total Class A ordinary shares sold in open-market transactions on July 10 and 13, 2026

Direct holdings after report 1162442 shares Class A ordinary shares held directly by Wang as of July 10, 2026

Indirect holdings after sales 37000 shares Class A ordinary shares held indirectly by BVI entity after July 13, 2026 trades

Highest reported transaction price 114.93 per share One of the open-market sale prices for Class A ordinary shares

Lowest range price in footnotes 110.64 per share Lower bound of a disclosed weighted-average price range for sales

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 by a BVI entity"

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 from"

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 in each non-derivative transaction"

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.

BVI entity technical

"shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity"

FAQ

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

What did Sea Ltd (SE) executive Wang Yanjun report in this Form 4?

Wang Yanjun, CCO and GC of Sea Ltd, reported open-market sales of 3,000 Class A ordinary shares executed on July 10 and July 13, 2026 by a BVI entity he controls.

How many Sea Ltd (SE) shares did Wang Yanjun sell and at what prices?

The filing reports 3,000 Class A ordinary shares sold in multiple trades. Footnotes state weighted average prices for groups of trades within ranges from about $110.64 to $115.35 per share.

Were the Sea Ltd (SE) share sales by Wang Yanjun pre-planned?

Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026 by a BVI entity controlled by the reporting person.

How many Sea Ltd (SE) shares does Wang Yanjun still hold directly after these sales?

A holding entry shows that Wang directly owns 1,162,442 Class A ordinary shares as of July 10, 2026. These directly held shares were not included in the reported sale transactions.

What are Wang Yanjun’s indirect holdings of Sea Ltd (SE) shares after the trades?

Following the reported open-market sales, the BVI entity associated with Wang held 37,000 Class A ordinary shares indirectly. These indirect holdings reflect the position after the July 13, 2026 trades.

Who executed the Sea Ltd (SE) trades reported for Wang Yanjun?

The trades were executed by a BVI entity controlled by the reporting person. The filing describes the ownership as indirect and notes the sales were made under the entity’s Rule 10b5-1 plan.

Does the Form 4 indicate any changes to Wang Yanjun’s derivative positions in Sea Ltd (SE)?

No derivative transactions are listed. The structured data show a derivativeTransactionCount of 0 and an empty derivative summary, indicating only non-derivative Class A share trades were reported.

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

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Accepted by SEC EDGAR 07/14/2026 - 06:02 AM EDT Learn about SEC filing dates

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).

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)

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)
	CCO and GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	07/10/2026		S		527(1)	D	$111.96(2)	39,473	I	By BVI entity
Class A ordinary shares	07/10/2026		S		176(1)	D	$113.25(3)	39,297	I	By BVI entity
Class A ordinary shares	07/10/2026		S		454(1)	D	$113.92(4)	38,843	I	By BVI entity
Class A ordinary shares	07/10/2026		S		343(1)	D	$114.7(5)	38,500	I	By BVI entity
Class A ordinary shares	07/13/2026		S		517(1)	D	$111.22(6)	37,983	I	By BVI entity
Class A ordinary shares	07/13/2026		S		494(1)	D	$111.93(7)	37,489	I	By BVI entity
Class A ordinary shares	07/13/2026		S		204(1)	D	$113.08(8)	37,285	I	By BVI entity
Class A ordinary shares	07/13/2026		S		127(1)	D	$114.21(9)	37,158	I	By BVI entity
Class A ordinary shares	07/13/2026		S		158(1)	D	$114.93(10)	37,000	I	By BVI entity
Class A ordinary shares								1,162,442	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $111.43 to $112.39. 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 $112.44 to $113.42.

4. Represents the weighted average price of shares sold at prices that ranged from $113.43 to $114.42.

5. Represents the weighted average price of shares sold at prices that ranged from $114.43 to $115.35.

6. Represents the weighted average price of shares sold at prices that ranged from $110.64 to $111.63.

7. Represents the weighted average price of shares sold at prices that ranged from $111.64 to $112.62.

8. Represents the weighted average price of shares sold at prices that ranged from $112.64 to $113.58.

9. Represents the weighted average price of shares sold at prices that ranged from $113.70 to $114.60.

10. Represents the weighted average price of shares sold at prices that ranged from $114.66 to $115.24.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	07/14/2026
	** 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)