Sea Ltd CPO-linked entity sells 60K SE shares
The sales were made under a Rule 10b5-1 plan adopted June 10, 2026, by a BVI entity controlled by Chen Jingye, CPO, Shopee.
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.
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Negative
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 60,000 shares
Net Sell
7 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.
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