Were the Sea Ltd (SE) share sales made under a Rule 10b5-1 plan?

Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on September 4, 2025. This indicates the trades followed a pre-established plan.

Sea Ltd COO reports 40,000-share planned stock sale

Q: What did Sea Ltd (SE) COO Ye Gang report in this Form 4?

Ye Gang reported indirect sales of 40,000 Class A ordinary shares of Sea Ltd executed on August 7 and 10, 2026. The trades were conducted by a BVI entity controlled by him under a Rule 10b5-1 trading plan.

Q: At what prices were the Sea Ltd (SE) shares sold by the BVI entity?

The reported sales used weighted average prices ranging from $111.99 to $115.79 per share. Detailed breakdowns by exact execution price within each range are available upon request from the reporting person, the issuer or the SEC staff.

Q: How many Sea Ltd (SE) shares did Ye Gang hold after the reported transactions?

After the reported sales, Ye Gang reported holding 21,176,405 Class A ordinary shares directly. The Form 4 also reports the sold shares as being held and transacted indirectly through a BVI entity he controls.

Sea Ltd director and COO Ye Gang reported indirect sales of a total of 40,000 Class A ordinary shares of Sea Ltd on August 7 and 10, 2026.

Filing Impact

(Very High)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Sea Ltd director and COO Ye Gang reported indirect sales of a total of 40,000 Class A ordinary shares of Sea Ltd on August 7 and 10, 2026. The shares were sold by a BVI entity controlled by him under a Rule 10b5-1 trading plan adopted on September 4, 2025, at weighted-average prices ranging from $111.99 to $115.79 per share. Following these transactions, Ye Gang reported 21,176,405 Class A ordinary shares held directly.

Insights

Analyzing...

Insider Trade Summary 10b5-1

Net Seller: 40,000 shares

Net Sell 7 txns

Insider Ye Gang

Role COO

Sold 40,000 shs ($4.56M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares ^{F1, F5}	7,285	$114.17	$832K
Sale	Class A ordinary shares ^{F1, F6}	12,397	$114.81	$1.42M
Sale	Class A ordinary shares ^{F1, F7}	318	$115.62	$37K
Sale	Class A ordinary shares ^{F1, F2}	7,323	$112.74	$826K
Sale	Class A ordinary shares ^{F1, F3}	11,155	$113.31	$1.26M
Sale	Class A ordinary shares ^{F1, F4}	1,522	$114.22	$174K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 460,000 shares (Indirect, By BVI entity); Class A ordinary shares — 21,176,405 shares (Direct)

Footnotes (7)

F1. 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.
F2. Represents the weighted average price of shares sold at prices that ranged from $111.99 to $112.98. 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 $112.99 to $113.987.
F4. Represents the weighted average price of shares sold at prices that ranged from $113.99 to $114.46.
F5. Represents the weighted average price of shares sold at prices that ranged from $113.49 to $114.4896.
F6. Represents the weighted average price of shares sold at prices that ranged from $114.49 to $115.47.
F7. Represents the weighted average price of shares sold at prices that ranged from $115.49 to $115.79.

Key Figures

Shares sold: 40,000 Class A ordinary shares Price range: $111.99 to $115.79 per share Direct holdings after transaction: 21,176,405 Class A ordinary shares +1 more

4 metrics

Shares sold 40,000 Class A ordinary shares Total non-derivative sales reported across six transactions

Price range $111.99 to $115.79 per share Weighted-average sale price ranges from associated footnotes

Direct holdings after transaction 21,176,405 Class A ordinary shares Direct ownership position reported as of August 7, 2026

Rule 10b5-1 plan adoption date September 4, 2025 Date BVI entity’s trading plan controlled by reporting person was adopted

Key Terms

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

5 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"

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.

indirect ownership financial

""direct_or_indirect": "I","nature_of_ownership": "By BVI entity""

BVI entity regulatory

"trading plan adopted by a BVI entity controlled by the Reporting Person"

FAQ

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

What did Sea Ltd (SE) COO Ye Gang report in this Form 4?

Ye Gang reported indirect sales of 40,000 Class A ordinary shares of Sea Ltd executed on August 7 and 10, 2026. The trades were conducted by a BVI entity controlled by him under a Rule 10b5-1 trading plan.

At what prices were the Sea Ltd (SE) shares sold by the BVI entity?

The reported sales used weighted average prices ranging from $111.99 to $115.79 per share. Detailed breakdowns by exact execution price within each range are available upon request from the reporting person, the issuer or the SEC staff.

How many Sea Ltd (SE) shares did Ye Gang hold after the reported transactions?

After the reported sales, Ye Gang reported holding 21,176,405 Class A ordinary shares directly. The Form 4 also reports the sold shares as being held and transacted indirectly through a BVI entity he controls.

How many Sea Ltd (SE) shares in total were sold in this Form 4 filing?

Across six reported transactions, the filing’s transaction summary shows total sales of 40,000 Class A ordinary shares. All reported sales were indirect, executed by a BVI entity associated with the reporting person.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 08/11/2026 - 06:14 AM EDT

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^*

Ye Gang

(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)

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)
08/07/2026

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	08/07/2026		S		7,323⁽¹⁾	D	$112.74⁽²⁾	492,677	I	By BVI entity
Class A ordinary shares	08/07/2026		S		11,155⁽¹⁾	D	$113.31⁽³⁾	481,522	I	By BVI entity
Class A ordinary shares	08/07/2026		S		1,522⁽¹⁾	D	$114.22⁽⁴⁾	480,000	I	By BVI entity
Class A ordinary shares	08/10/2026		S		7,285⁽¹⁾	D	$114.17⁽⁵⁾	472,715	I	By BVI entity
Class A ordinary shares	08/10/2026		S		12,397⁽¹⁾	D	$114.81⁽⁶⁾	460,318	I	By BVI entity
Class A ordinary shares	08/10/2026		S		318⁽¹⁾	D	$115.62⁽⁷⁾	460,000	I	By BVI entity
Class A ordinary shares								21,176,405	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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $111.99 to $112.98. 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 $112.99 to $113.987.

4. Represents the weighted average price of shares sold at prices that ranged from $113.99 to $114.46.

5. Represents the weighted average price of shares sold at prices that ranged from $113.49 to $114.4896.

6. Represents the weighted average price of shares sold at prices that ranged from $114.49 to $115.47.

7. Represents the weighted average price of shares sold at prices that ranged from $115.49 to $115.79.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	08/11/2026
	** 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