Sea Ltd (SE) COO Ye Gang sells 20,000 shares via 10b5-1 plan
Rhea-AI Filing Summary
Sea Ltd director and COO Ye Gang reported pre-planned insider sales of Sea’s Class A ordinary shares. A BVI entity controlled by him sold a total of 20,000 indirectly held shares in open-market transactions, at prices including $81.72, $84.97, $85.76 and $86.50 per share, under a Rule 10b5-1 trading plan adopted on September 4, 2025.
After these sales, the BVI entity continued to hold 70,000 Class A shares indirectly. Separately, Ye Gang is shown as holding 22,794,539 Class A shares directly, so the disclosed sales represent only a small portion of the overall stake reported in this filing.
Positive
- None.
Negative
- None.
Insights
Pre-planned, modest insider sales via entity; core direct stake remains large.
The data show a BVI entity controlled by Ye Gang sold 20,000 Sea Class A shares in several open-market trades at prices from about $81.72 to $86.50. Footnotes state these transactions followed a Rule 10b5-1 trading plan adopted on September 4, 2025, indicating they were pre-scheduled rather than opportunistic.
The filing also lists 22,794,539 Class A shares held directly and 70,000 shares still held indirectly after the trades. In this context, 20,000 shares is a relatively small fraction of the reported holdings, so the economic signal is limited. Because the plan is pre-arranged, the timing of these sales carries less informational value for investors than discretionary trading would.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 10,000 | $81.72 | $817K |
| Sale | Class A ordinary shares | 7,700 | $84.97 | $654K |
| Sale | Class A ordinary shares | 2,058 | $85.76 | $176K |
| Sale | Class A ordinary shares | 242 | $86.50 | $21K |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. Represents the weighted average price of shares sold at prices that ranged from $84.44 to $85.42. 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 $85.44 to $86.12.
- F4. Represents the weighted average price of shares sold at prices that ranged from $86.48 to $86.52.
- F5. Represents the weighted average price of shares sold at prices that ranged from $81.32 to $82.15.
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