Sea Ltd COO Ye Gang sells 40K shares under plan
Sea Ltd’s COO and director reported 40,000 indirectly held shares sold under a Rule 10b5-1 plan while retaining over 20.3 million shares directly.
Rhea-AI Filing Summary
Sea Ltd (SE) director and chief operating officer Ye Gang reported indirect sales of a total of 40,000 Class A ordinary shares on September 17–18, 2026, by a BVI entity he controls. The shares were sold under a Rule 10b5-1 trading plan at weighted-average prices around $101–$105 per share, with price ranges from $100.76 to $103.20. After these sales, he continues to hold 20,396,405 Class A ordinary shares directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
7 txns
Insider
Ye Gang
Role
COO
Sold
40,000 shs ($4.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F5 | 17,480 | $101.95 | $1.78M |
| Sale | Class A ordinary shares F1, F6 | 2,520 | $102.41 | $258K |
| Sale | Class A ordinary shares F1, F2 | 9,735 | $101.38 | $987K |
| Sale | Class A ordinary shares F1, F3 | 9,601 | $102.02 | $979K |
| Sale | Class A ordinary shares F1, F4 | 458 | $102.96 | $47K |
| Sale | Class A ordinary shares F1 | 206 | $104.76 | $22K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 598,792 shares (Indirect, By BVI entity);
Class A ordinary shares — 20,396,405 shares (Direct)
Footnotes (6)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on May 21, 2026.
- F2. Represents the weighted average price of shares sold at prices that ranged from $100.76 to $101.75. 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 $101.76 to $102.65.
- F4. Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.20.
- F5. Represents the weighted average price of shares sold at prices that ranged from $101.37 to $102.36.
- F6. Represents the weighted average price of shares sold at prices that ranged from $102.37 to $102.49.
Key Figures
Shares sold: 40,000 Class A ordinary shares
Sale price example: $101.95 per share
Sale price example: $102.41 per share
+3 more
6 metrics
Shares sold
40,000 Class A ordinary shares
Indirect open-market or private sales on September 17–18, 2026
Sale price example
$101.95 per share
Weighted-average price for 17,480 shares sold on September 18, 2026
Sale price example
$102.41 per share
Weighted-average price for 2,520 shares sold on September 18, 2026
Sale price example
$101.38 per share
Weighted-average price for 9,735 shares sold on September 17, 2026
Price range for some sales
$100.76–$101.75 per share
Range of prices for shares included in one weighted-average sale on September 17, 2026
Direct holdings after transactions
20,396,405 Class A ordinary shares
Directly held by Ye Gang after the reported transactions as of September 17, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares
3 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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sea Ltd (SE) report for Ye Gang?
Sea Ltd reported that Ye Gang, its director and COO, indirectly sold 40,000 Class A ordinary shares on September 17–18, 2026, through a BVI entity he controls, in open-market or private transactions at weighted-average prices around $101–$105 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.