Were the Sea Ltd (SE) share sales made under a Rule 10b5-1 plan?

Yes. The sales were made under a Rule 10b5-1 trading plan adopted June 10, 2026, by a BVI entity controlled by Chen Jingye.

What prices were reported for the Sea Ltd (SE) share sales?

The reported weighted-average prices per share were $100.77, $101.86, $102.68, $103.33, $102.85 and $103.82. Footnotes give a separate execution-price range for each transaction.

Sea Ltd CPO-linked entity sells 60K SE shares

Q: How many Sea Ltd (SE) shares were sold?

A BVI entity controlled by Chen Jingye sold 60,000 Class A ordinary shares in six transactions on September 21 and 22, 2026.

Q: Who sold the Sea Ltd (SE) shares?

The shares were sold indirectly by a BVI entity controlled by Chen Jingye, whose reported title is CPO, Shopee.

Q: What direct Sea Ltd (SE) shareholding was listed for Chen Jingye?

A direct holding of 9,126,574 Class A ordinary shares was listed for Chen Jingye on September 21, 2026.

The sales were made under a Rule 10b5-1 plan adopted June 10, 2026, by a BVI entity controlled by Chen Jingye, CPO, Shopee.

Available on EDGAR 09/23/2026 - 06:03 AM EDT Accepted by SEC EDGAR 09/23/2026 - 06:02 AM EDT

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Form Type

Rhea-AI Filing Summary

Sea Ltd (SE) Class A ordinary shares were sold by a BVI entity controlled by Chen Jingye, CPO, Shopee: 60,000 shares across six transactions on September 21 and 22, 2026. The sales were made under a Rule 10b5-1 trading plan adopted June 10, 2026. Separately, Chen Jingye’s reported direct holding was 9,126,574 shares on September 21, 2026.

Insider Trade Summary 10b5-1

Net Seller: 60,000 shares

Net Sell 6 txns

Insider Chen Jingye

Role CPO, Shopee

Sold 60,000 shs ($6.17M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares ^{F1, F6}	10,488	$102.85	$1.08M
Sale	Class A ordinary shares ^{F1, F7}	19,512	$103.82	$2.03M
Sale	Class A ordinary shares ^{F1, F2}	3,800	$100.77	$383K
Sale	Class A ordinary shares ^{F1, F3}	12,792	$101.86	$1.30M
Sale	Class A ordinary shares ^{F1, F4}	13,294	$102.68	$1.37M
Sale	Class A ordinary shares ^{F1, F5}	114	$103.33	$12K
Holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 0 shares (Indirect, By BVI entity); Class A ordinary shares — 9,126,574 shares (Direct)

Footnotes (7)

F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on June 10, 2026.
F2. Represents the weighted average price of shares sold at prices that ranged from $100.31 to $101.30. 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 $101.31 to $102.308.
F4. Represents the weighted average price of shares sold at prices that ranged from $102.31 to $103.30.
F5. Represents the weighted average price of shares sold at prices that ranged from $103.32 to $103.36.
F6. Represents the weighted average price of shares sold at prices that ranged from $102.42 to $103.40.
F7. Represents the weighted average price of shares sold at prices that ranged from $103.42 to $104.40.

Key Figures

Total shares sold: 60,000 shares Class A ordinary shares sold: 3,800 shares Class A ordinary shares sold: 12,792 shares +5 more

8 metrics

Total shares sold 60,000 shares Six indirect sale transactions on September 21 and 22, 2026

Class A ordinary shares sold 3,800 shares September 21, 2026; weighted-average price $100.77 per share; execution prices ranged from $100.31 to $101.30

Class A ordinary shares sold 12,792 shares September 21, 2026; weighted-average price $101.86 per share; execution prices ranged from $101.31 to $102.308

Class A ordinary shares sold 13,294 shares September 21, 2026; weighted-average price $102.68 per share; execution prices ranged from $102.31 to $103.30

Class A ordinary shares sold 114 shares September 21, 2026; weighted-average price $103.33 per share; execution prices ranged from $103.32 to $103.36

Class A ordinary shares sold 10,488 shares September 22, 2026; weighted-average price $102.85 per share; execution prices ranged from $102.42 to $103.40

Class A ordinary shares sold 19,512 shares September 22, 2026; weighted-average price $103.82 per share; execution prices ranged from $103.42 to $104.40

Direct Class A ordinary shares held 9,126,574 shares Reported holding on September 21, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares

3 terms

Rule 10b5-1 trading plan regulatory

"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"

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

"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.

FAQ

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

How many Sea Ltd (SE) shares were sold?

A BVI entity controlled by Chen Jingye sold 60,000 Class A ordinary shares in six transactions on September 21 and 22, 2026.

Who sold the Sea Ltd (SE) shares?

The shares were sold indirectly by a BVI entity controlled by Chen Jingye, whose reported title is CPO, Shopee.

What direct Sea Ltd (SE) shareholding was listed for Chen Jingye?

A direct holding of 9,126,574 Class A ordinary shares was listed for Chen Jingye on September 21, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

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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).

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)

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)
	CPO, Shopee

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	09/21/2026		S		3,800⁽¹⁾	D	$100.77⁽²⁾	56,200	I	By BVI entity
Class A ordinary shares	09/21/2026		S		12,792⁽¹⁾	D	$101.86⁽³⁾	43,408	I	By BVI entity
Class A ordinary shares	09/21/2026		S		13,294⁽¹⁾	D	$102.68⁽⁴⁾	30,114	I	By BVI entity
Class A ordinary shares	09/21/2026		S		114⁽¹⁾	D	$103.33⁽⁵⁾	30,000	I	By BVI entity
Class A ordinary shares	09/22/2026		S		10,488⁽¹⁾	D	$102.85⁽⁶⁾	19,512	I	By BVI entity
Class A ordinary shares	09/22/2026		S		19,512⁽¹⁾	D	$103.82⁽⁷⁾	0	I	By BVI entity
Class A ordinary shares								9,126,574	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 June 10, 2026.

2. Represents the weighted average price of shares sold at prices that ranged from $100.31 to $101.30. 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 $101.31 to $102.308.

4. Represents the weighted average price of shares sold at prices that ranged from $102.31 to $103.30.

5. Represents the weighted average price of shares sold at prices that ranged from $103.32 to $103.36.

6. Represents the weighted average price of shares sold at prices that ranged from $102.42 to $103.40.

7. Represents the weighted average price of shares sold at prices that ranged from $103.42 to $104.40.

	/s/ Mark Tang, attorney-in-fact for Jingye Chen	09/23/2026
	** 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)

Source: View Original Filing on SEC EDGAR