Sea Ltd (NYSE: SE) COO sells 10,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

Sea Ltd COO Ye Gang reported two recent share transactions in Class A ordinary shares. On March 31, he acquired 1,866 shares at $85.74 per share as a grant, bringing his direct holdings to 22,396,405 shares. On April 1, a BVI entity he controls sold 10,000 shares at a weighted average price of $84.28 per share under a pre-arranged Rule 10b5-1 trading plan, leaving 410,000 shares held indirectly. The plan-based nature of the sale suggests it was scheduled in advance rather than timed discretionarily.

Insider Trade Summary 10b5-1

Net Seller: 10,000 shares ($842,800)

Net Sell 2 txns

Insider Ye Gang

Role COO

Sold 10,000 shs ($843K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	10,000	$84.28	$843K
Grant/Award	Class A ordinary shares	1,866	$85.74	$160K

Holdings After Transaction: Class A ordinary shares — 410,000 shares (Indirect, By BVI entity); Class A ordinary shares — 22,396,405 shares (Direct)

Footnotes (1)

1. 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. Represents the weighted average price of shares sold at prices that ranged from $83.89 to $84.71. 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.

Key Figures

Indirect sale volume: 10,000 shares Sale weighted average price: $84.28 per share Grant size: 1,866 shares +3 more

6 metrics

Indirect sale volume 10,000 shares Class A ordinary shares sold on April 1 under 10b5-1 plan

Sale weighted average price $84.28 per share Indirect sale of 10,000 shares; prices ranged $83.89–$84.71

Grant size 1,866 shares Class A ordinary shares granted on March 31

Grant price $85.74 per share Reported price for 1,866-share award acquisition

Direct holdings after grant 22,396,405 shares Class A ordinary shares held directly after March 31 grant

Indirect holdings after sale 410,000 shares Class A ordinary shares held indirectly after April 1 sale

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, grant, award, or other acquisition

4 terms

Rule 10b5-1 trading plan financial

"The 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 from $83.89 to $84.71."

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""

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.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Ye Gang

(Last) (First) (Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	03/31/2026		A		1,866	A	$85.74	22,396,405	D
Class A ordinary shares	04/01/2026		S		10,000(1)	D	$84.28(2)	410,000	I	By BVI entity

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $83.89 to $84.71. 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.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	04/02/2026
	** 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)

FAQ

What insider transactions did Sea Ltd (SE) COO Ye Gang report?

Ye Gang reported a grant of 1,866 Sea Ltd Class A shares and an indirect sale of 10,000 shares. The grant increased his direct holdings, while the sale was executed by a controlled BVI entity under a Rule 10b5-1 trading plan.

How many Sea Ltd (SE) shares did the BVI entity sell and at what price?

The BVI entity controlled by Ye Gang sold 10,000 Sea Ltd Class A shares at a weighted average price of $84.28. Actual sale prices ranged from $83.89 to $84.71, according to the disclosed price range and weighted average footnote.

Was the Sea Ltd (SE) insider sale made under a Rule 10b5-1 plan?

Yes. The 10,000-share sale was executed under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang. Such plans are pre-arranged, which typically makes transaction timing less discretionary from the insider’s perspective.

How many Sea Ltd (SE) shares does Ye Gang hold after these transactions?

After the reported transactions, Ye Gang holds 22,396,405 Class A shares directly and 410,000 shares indirectly through a BVI entity. These figures show a substantial remaining ownership position even after the 10,000-share sale.

What type of acquisition did the 1,866 Sea Ltd (SE) shares represent?

The 1,866 Sea Ltd Class A shares were acquired as a grant or award, not an open-market purchase. The transaction was reported with code A, indicating compensation-related or similar non-market acquisition at a reported price of $85.74 per share.