Were Chen Jingye’s Sea (SE) share sales made under a Rule 10b5-1 plan?

Yes. A footnote states the shares were sold under a Rule 10b5-1 trading plan adopted on August 28, 2025 by a BVI entity controlled by the reporting person, indicating the sales were pre‑scheduled.

Sea (NYSE: SE) CPO Chen Jingye sells 1,600 shares under 10b5-1 plan

Q: What insider transactions did Sea (SE) executive Chen Jingye report?

Chen Jingye reported open-market sales totaling 1,600 Class A ordinary shares of Sea Ltd. These trades occurred on April 24 and April 27, 2026 , at prices in the mid‑ $80 range, according to the Form 4 filing.

Q: At what prices were the Sea (SE) shares sold in Chen Jingye’s Form 4?

The Form 4 shows sales at weighted average prices from $83.70 to $85.98 per Class A ordinary share. Footnotes explain each figure represents averages of multiple trades within stated price ranges around those levels.

Q: How many Sea (SE) shares does Chen Jingye hold after the reported sales?

After the reported sales, the filing lists 9,075,774 Class A ordinary shares held directly and 218,400 shares held indirectly through a BVI entity. This context shows the 1,600 shares sold are small relative to total reported holdings.

Q: Are Chen Jingye’s Sea (SE) sales direct or through another entity?

The Form 4 identifies the 1,600 shares sold as held indirectly and owned " By BVI entity ." Separate entries show Chen’s larger direct holding of 9,075,774 shares, distinguishing personal and entity-held positions.

Q: What does the net-sell direction in Chen Jingye’s Sea (SE) filing mean?

The transaction summary shows a net sell of 1,600 shares , reflecting five sale transactions and no purchases in this Form 4. This simply indicates more shares were sold than bought during the reported period.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sea Ltd Chief Product Officer (Shopee) Chen Jingye reported open‑market sales of 1,600 Class A ordinary shares of Sea Ltd. The shares were sold indirectly through a BVI entity at prices between $83.70 and $85.98, pursuant to a pre‑arranged Rule 10b5-1 trading plan adopted on August 28, 2025.

After these transactions, the filing shows Chen holding 9,075,774 Class A ordinary shares directly as of April 24, 2026, and 218,400 shares indirectly through the BVI entity. The activity reflects a small, plan-based net sale compared with the overall reported holdings.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares ($136,405)

Net Sell 6 txns

Insider Chen Jingye

Role CPO, Shopee

Sold 1,600 shs ($136K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	32	$84.76	$3K
Sale	Class A ordinary shares	768	$85.98	$66K
Sale	Class A ordinary shares	131	$83.70	$11K
Sale	Class A ordinary shares	481	$84.53	$41K
Sale	Class A ordinary shares	188	$85.30	$16K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 219,168 shares (Indirect, By BVI entity); Class A ordinary shares — 9,075,774 shares (Direct, null)

Footnotes (1)

The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025. Represents the weighted average price of shares sold at prices that ranged from $83.07 to $84.06 . 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. Represents the weighted average price of shares sold at prices that ranged from $84.07 to $85.06. Represents the weighted average price of shares sold at prices that ranged from $85.07 to $85.78. Represents the weighted average price of shares sold at prices that ranged from $84.47 to $85.33. Represents the weighted average price of shares sold at prices that ranged from $85.56 to $86.41.

Key Figures

Shares sold: 1,600 shares Sale price (high tranche): $85.98 per share Sale price (other tranche): $84.76 per share +5 more

8 metrics

Shares sold 1,600 shares Net Class A ordinary shares sold in this Form 4

Sale price (high tranche) $85.98 per share Price for 768 shares sold on April 27, 2026

Sale price (other tranche) $84.76 per share Price for 32 shares sold on April 27, 2026

Sale prices (April 24 tranches) $83.70–$85.30 per share Prices for 800 shares sold on April 24, 2026

Direct holdings after transactions 9,075,774 shares Direct Class A ordinary share holdings as of April 24, 2026

Indirect holdings after transactions 218,400 shares Indirect holdings via BVI entity after April 27, 2026 sales

Net buy/sell direction Net sell of 1,600 shares Form 4 transaction summary

10b5-1 plan adoption date August 28, 2025 Date BVI entity’s trading plan was adopted

Key Terms

Class A ordinary shares, Rule 10b5-1 trading plan, weighted average price, BVI entity, +1 more

5 terms

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.

Rule 10b5-1 trading plan regulatory

"The shares were 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 at prices"

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 financial

"nature_of_ownership": "By BVI entity""

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

04/28/2026 - 06:01 AM

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).

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^*

Chen Jingye

(Last)

(First)

(Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CPO, Shopee

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	04/24/2026		S		131⁽¹⁾	D	$83.7⁽²⁾	219,869	I	By BVI entity
Class A ordinary shares	04/24/2026		S		481⁽¹⁾	D	$84.53⁽³⁾	219,388	I	By BVI entity
Class A ordinary shares	04/24/2026		S		188⁽¹⁾	D	$85.3⁽⁴⁾	219,200	I	By BVI entity
Class A ordinary shares	04/27/2026		S		32⁽¹⁾	D	$84.76⁽⁵⁾	219,168	I	By BVI entity
Class A ordinary shares	04/27/2026		S		768⁽¹⁾	D	$85.98⁽⁶⁾	218,400	I	By BVI entity
Class A ordinary shares								9,075,774	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 August 28, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $83.07 to $84.06 . 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 $84.07 to $85.06.

4. Represents the weighted average price of shares sold at prices that ranged from $85.07 to $85.78.

5. Represents the weighted average price of shares sold at prices that ranged from $84.47 to $85.33.

6. Represents the weighted average price of shares sold at prices that ranged from $85.56 to $86.41.

	/s/ Mark Tang, attorney-in-fact for Jingye Chen	04/28/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Sea (SE) executive Chen Jingye report?

Chen Jingye reported open-market sales totaling 1,600 Class A ordinary shares of Sea Ltd. These trades occurred on April 24 and April 27, 2026, at prices in the mid‑$80 range, according to the Form 4 filing.

At what prices were the Sea (SE) shares sold in Chen Jingye’s Form 4?

The Form 4 shows sales at weighted average prices from $83.70 to $85.98 per Class A ordinary share. Footnotes explain each figure represents averages of multiple trades within stated price ranges around those levels.

How many Sea (SE) shares does Chen Jingye hold after the reported sales?

After the reported sales, the filing lists 9,075,774 Class A ordinary shares held directly and 218,400 shares held indirectly through a BVI entity. This context shows the 1,600 shares sold are small relative to total reported holdings.

Are Chen Jingye’s Sea (SE) sales direct or through another entity?

The Form 4 identifies the 1,600 shares sold as held indirectly and owned "By BVI entity." Separate entries show Chen’s larger direct holding of 9,075,774 shares, distinguishing personal and entity-held positions.

What does the net-sell direction in Chen Jingye’s Sea (SE) filing mean?

The transaction summary shows a net sell of 1,600 shares, reflecting five sale transactions and no purchases in this Form 4. This simply indicates more shares were sold than bought during the reported period.