STOCK TITAN

Sea Ltd (NYSE: SE) CCO sells 2,400 shares under Rule 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd officer Yanjun Wang, CCO and GC, indirectly sold 2,400 Class A ordinary shares on July 22–23, 2026 through a BVI entity he controls, at prices from $99.91 to $106.25 per share under a Rule 10b5-1 trading plan adopted on March 26, 2026. Following these transactions, he held 1,162,442 Class A ordinary shares directly.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 2,400 shs ($248K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F6 435 $99.91 $43K
Sale Class A ordinary shares F1, F7 361 $100.61 $36K
Sale Class A ordinary shares F1, F8 27 $101.80 $3K
Sale Class A ordinary shares F1, F9 146 $102.82 $15K
Sale Class A ordinary shares F1, F10 230 $103.71 $24K
Sale Class A ordinary shares F1 1 $104.40 $104.40
Sale Class A ordinary shares F1, F2 60 $103.51 $6K
Sale Class A ordinary shares F1, F3 568 $104.75 $59K
Sale Class A ordinary shares F1, F4 468 $105.60 $49K
Sale Class A ordinary shares F1, F5 104 $106.25 $11K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 26,500 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 $103.10 to $104.01. 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 $104.11 to $105.09.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $105.11 to $106.10.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $106.10 to $106.71.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $99.33 to $100.32.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $100.33 to $101.15.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $101.51 to $102.30.
  9. F9. Represents the weighted average price of shares sold at prices that ranged from $102.33 to $103.32.
  10. F10. Represents the weighted average price of shares sold at prices that ranged from $103.33 to $104.25.
Shares sold 2,400 Class A ordinary shares Total non-derivative shares sold on July 22–23, 2026
Lowest reported sale price $99.91 per share Lowest per-share sale price among the reported transactions
Highest reported sale price $106.25 per share Highest per-share sale price among the reported transactions
Direct holdings after transactions 1,162,442 Class A ordinary shares Directly owned shares as of July 22, 2026
Number of sale transactions 10 Count of non-derivative sale entries coded as S
Rule 10b5-1 plan adoption date March 26, 2026 Adoption date of the BVI entity’s trading plan controlled by the reporting person
Rule 10b5-1 trading plan regulatory
"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"
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 for the reported transactions"
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 financial
"trading plan adopted by a BVI entity controlled by the Reporting Person"

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FAQ

What insider sale did Sea Ltd (SE) report for Yanjun Wang?

Sea Ltd reported that CCO and GC Yanjun Wang indirectly sold 2,400 Class A ordinary shares. The sales occurred over July 22–23, 2026 and were executed through a BVI entity he controls, rather than from his directly held shares.

At what prices were the Sea Ltd (SE) shares sold by Yanjun Wang?

The reported transactions show sales prices ranging from $99.91 to $106.25 per Class A ordinary share. Several trades used weighted average prices, with detailed price ranges disclosed in footnotes for each set of grouped sales.

Was Yanjun Wang’s Sea Ltd (SE) share sale under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted on March 26, 2026 by a BVI entity controlled by Yanjun Wang, and the form’s Rule 10b5-1 checkbox is marked as affirmed.

How many Sea Ltd (SE) shares does Yanjun Wang hold after these transactions?

After the reported transactions, Yanjun Wang held 1,162,442 Class A ordinary shares directly. This post-transaction holding reflects the direct ownership line item dated July 22, 2026 in the non-derivative holdings table of the insider report.

How many separate sale transactions did Sea Ltd (SE) disclose for Yanjun Wang?

The report shows 10 separate non-derivative sale transactions, all involving Class A ordinary shares and coded as “S” for sales. Each line specifies the number of shares sold and a corresponding per-share or weighted average price for that tranche.

Were Yanjun Wang’s Sea Ltd (SE) transactions direct or indirect holdings?

The 2,400 shares sold were reported as indirectly owned, with ownership described as “By BVI entity.” Separately, a holding entry shows 1,162,442 Class A ordinary shares held under direct ownership after the transactions.
SEC Form 4
FORM 4UNITED 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)
SINGAPORE138522

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CCO and GC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A ordinary shares07/22/2026S60(1)D$103.51(2)28,840IBy BVI entity
Class A ordinary shares07/22/2026S568(1)D$104.75(3)28,272IBy BVI entity
Class A ordinary shares07/22/2026S468(1)D$105.6(4)27,804IBy BVI entity
Class A ordinary shares07/22/2026S104(1)D$106.25(5)27,700IBy BVI entity
Class A ordinary shares07/23/2026S435(1)D$99.91(6)27,265IBy BVI entity
Class A ordinary shares07/23/2026S361(1)D$100.61(7)26,904IBy BVI entity
Class A ordinary shares07/23/2026S27(1)D$101.8(8)26,877IBy BVI entity
Class A ordinary shares07/23/2026S146(1)D$102.82(9)26,731IBy BVI entity
Class A ordinary shares07/23/2026S230(1)D$103.71(10)26,501IBy BVI entity
Class A ordinary shares07/23/2026S1(1)D$104.426,500IBy BVI entity
Class A ordinary shares1,162,442D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $103.10 to $104.01. 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 $104.11 to $105.09.
4. Represents the weighted average price of shares sold at prices that ranged from $105.11 to $106.10.
5. Represents the weighted average price of shares sold at prices that ranged from $106.10 to $106.71.
6. Represents the weighted average price of shares sold at prices that ranged from $99.33 to $100.32.
7. Represents the weighted average price of shares sold at prices that ranged from $100.33 to $101.15.
8. Represents the weighted average price of shares sold at prices that ranged from $101.51 to $102.30.
9. Represents the weighted average price of shares sold at prices that ranged from $102.33 to $103.32.
10. Represents the weighted average price of shares sold at prices that ranged from $103.33 to $104.25.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang07/24/2026
** Signature of Reporting PersonDate
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)