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Sea Ltd: Yanjun Wang entity sells 2,000 shares

A BVI entity controlled by Sea Ltd’s CCO and GC adopted the trading plan on March 26, 2026.

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Form Type
4

Rhea-AI Filing Summary

Sea Ltd's CCO and GC Yanjun Wang reported that a BVI entity he controls sold 2,000 Class A ordinary shares in five transactions on October 5 and 6, 2026. The sales were made under a Rule 10b5-1 trading plan adopted by the entity on March 26, 2026. Separately, Wang's reported direct position following an October 5, 2026 transaction was 1,033,642 Class A ordinary shares.

Insider Wang Yanjun
Role CCO and GC
Sold 2,000 shs ($194K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F4 515 $95.96 $49K
Sale Class A ordinary shares F1, F5 460 $96.56 $44K
Sale Class A ordinary shares F1, F6 25 $97.50 $2K
Sale Class A ordinary shares F1, F2 675 $97.02 $65K
Sale Class A ordinary shares F1, F3 325 $97.79 $32K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 85,780 shares (Indirect, By BVI entity); Class A ordinary shares — 1,033,642 shares (Direct)
Footnotes (6)
  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 $96.57 to $97.56. 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 $97.58 to $98.14.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $95.30 to $96.29.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $96.30 to $97.25.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $97.37 to $97.63.
Shares sold 2,000 Class A ordinary shares Five transactions on October 5 and 6, 2026
Weighted-average sale price $97.02 per share for 675 shares October 5, 2026; reported price range $96.57 to $97.56
Weighted-average sale price $97.79 per share for 325 shares October 5, 2026; reported price range $97.58 to $98.14
Weighted-average sale price $95.96 per share for 515 shares October 6, 2026; reported price range $95.30 to $96.29
Weighted-average sale price $96.56 per share for 460 shares October 6, 2026; reported price range $96.30 to $97.25
Weighted-average sale price $97.50 per share for 25 shares October 6, 2026; reported price range $97.37 to $97.63
Direct holdings 1,033,642 Class A ordinary shares Reported following an October 5, 2026 transaction
Rule 10b5-1 trading plan regulatory
"sold pursuant to a Rule 10b5-1 trading plan"
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.
BVI entity technical
"adopted by a BVI entity controlled by the Reporting Person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SE shares were sold?

A BVI entity controlled by Sea Ltd CCO and GC Yanjun Wang sold 2,000 Class A ordinary shares in five transactions on October 5 and 6, 2026. The transactions were made under a Rule 10b5-1 trading plan adopted March 26, 2026.

What prices were reported for the SE share sales?

The reported weighted-average prices and price ranges were: 675 shares at $97.02 ($96.57–$97.56) and 325 shares at $97.79 ($97.58–$98.14) on October 5, 2026; 515 shares at $95.96 ($95.30–$96.29), 460 shares at $96.56 ($96.30–$97.25), and 25 shares at $97.50 ($97.37–$97.63) on October 6, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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)
10/05/2026
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 shares10/05/2026S675(1)D$97.02(2)87,105IBy BVI entity
Class A ordinary shares10/05/2026S325(1)D$97.79(3)86,780IBy BVI entity
Class A ordinary shares10/06/2026S515(1)D$95.96(4)86,265IBy BVI entity
Class A ordinary shares10/06/2026S460(1)D$96.56(5)85,805IBy BVI entity
Class A ordinary shares10/06/2026S25(1)D$97.5(6)85,780IBy BVI entity
Class A ordinary shares1,033,642D
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 $96.57 to $97.56. 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 $97.58 to $98.14.
4. Represents the weighted average price of shares sold at prices that ranged from $95.30 to $96.29.
5. Represents the weighted average price of shares sold at prices that ranged from $96.30 to $97.25.
6. Represents the weighted average price of shares sold at prices that ranged from $97.37 to $97.63.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang10/07/2026
** 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)

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