Sea Ltd (SE) CCO sells 2,400 shares in 10b5-1 trading plan

Rhea-AI Filing Summary

Sea Ltd executive Wang Yanjun, CCO and GC, reported indirect sales of 2,400 Class A ordinary shares on July 24 and 27, 2026, executed by a BVI entity he controls. The shares were sold under a Rule 10b5-1 trading plan at weighted-average prices within stated ranges from $97.73 to $105.32 per share. After these transactions, he reported 1,162,442 Class A shares held directly.

Insider Trade Summary 10b5-1

Net Seller: 2,400 shares

Net Sell 8 txns

Insider Wang Yanjun

Role CCO and GC

Sold 2,400 shs ($244K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares F1, F6	248	$102.55	$25K
Sale	Class A ordinary shares F1, F7	374	$104.21	$39K
Sale	Class A ordinary shares F1, F8	578	$104.66	$60K
Sale	Class A ordinary shares F1, F2	294	$98.15	$29K
Sale	Class A ordinary shares F1, F3	117	$99.34	$12K
Sale	Class A ordinary shares F1, F4	738	$100.22	$74K
Sale	Class A ordinary shares F1, F5	51	$100.81	$5K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 24,100 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct)

Footnotes (8)

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 $97.73 to $98.71. 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 within the ranges set forth in this Form 4.
3. F3. Represents the weighted average price of shares sold at prices that ranged from $98.73 to $99.70.
4. F4. Represents the weighted average price of shares sold at prices that ranged from $99.80 to $100.72.
5. F5. Represents the weighted average price of shares sold at prices that ranged from $100.73 to $100.89.
6. F6. Represents the weighted average price of shares sold at prices that ranged from $102.40 to $103.34.
7. F7. Represents the weighted average price of shares sold at prices that ranged from $103.54 to $104.39.
8. F8. Represents the weighted average price of shares sold at prices that ranged from $104.40 to $105.32.

Key Figures

Shares sold: 2,400 Class A ordinary shares Weighted-average sale price: $98.15 per share Weighted-average sale price: $104.66 per share +3 more

6 metrics

Shares sold 2,400 Class A ordinary shares Aggregate shares sold indirectly on July 24 and 27, 2026

Weighted-average sale price $98.15 per share One weighted-average sale price for trades on July 24, 2026

Weighted-average sale price $104.66 per share One weighted-average sale price for trades on July 27, 2026

Price range (July 24 sales) $97.73 to $100.89 per share Ranges referenced in weighted-average price footnotes F2–F5

Price range (July 27 sales) $102.40 to $105.32 per share Ranges referenced in weighted-average price footnotes F6–F8

Direct holdings after transaction 1,162,442 Class A ordinary shares Directly held by Wang Yanjun as of July 24, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price, indirect ownership, BVI entity

4 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 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.

indirect ownership financial

"Recorded with ownership type "I" and nature of ownership "By BVI entity""

BVI entity regulatory

"a Rule 10b5-1 trading plan adopted by a BVI entity controlled"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 06:05 AM Accepted by SEC EDGAR 07/28/2026 - 06:02 AM Learn about SEC filing dates

FAQ

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

Sea Ltd reported that CCO and GC Wang Yanjun indirectly sold 2,400 Class A ordinary shares through a BVI entity he controls on July 24 and 27, 2026, as disclosed in a Form 4 filing.

How many Sea Ltd (SE) shares did Wang Yanjun sell and on which dates?

Wang Yanjun’s associated BVI entity sold a total of 2,400 Class A shares of Sea Ltd in multiple trades on July 24, 2026 and July 27, 2026, according to the Form 4 summary.

At what prices were Wang Yanjun’s Sea Ltd (SE) shares sold?

The shares were sold at weighted-average prices including $98.15, $99.34, $100.22, $100.81 on July 24 and $102.55, $104.21, $104.66 on July 27, 2026, across price ranges from $97.73 to $105.32 per share.

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

Yes. Footnote F1 states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on March 26, 2026, and the plan checkbox is marked.

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

After the reported sales, Wang Yanjun reported 1,162,442 Class A ordinary shares held directly as of July 24, 2026, in addition to the indirect holdings through the BVI entity that executed the sales.

How is ownership of the sold Sea Ltd (SE) shares structured?

The sold shares are reported as indirectly owned, with the nature of ownership described as "By BVI entity." This indicates a controlled BVI entity, rather than Wang Yanjun personally, executed the trades on his behalf.

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^*

Wang Yanjun

(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)
	CCO and GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	07/24/2026		S		294(1)	D	$98.15(2)	26,206	I	By BVI entity
Class A ordinary shares	07/24/2026		S		117(1)	D	$99.34(3)	26,089	I	By BVI entity
Class A ordinary shares	07/24/2026		S		738(1)	D	$100.22(4)	25,351	I	By BVI entity
Class A ordinary shares	07/24/2026		S		51(1)	D	$100.81(5)	25,300	I	By BVI entity
Class A ordinary shares	07/27/2026		S		248(1)	D	$102.55(6)	25,052	I	By BVI entity
Class A ordinary shares	07/27/2026		S		374(1)	D	$104.21(7)	24,678	I	By BVI entity
Class A ordinary shares	07/27/2026		S		578(1)	D	$104.66(8)	24,100	I	By BVI entity
Class A ordinary shares								1,162,442	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)
				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 March 26, 2026.

2. Represents the weighted average price of shares sold at prices that ranged from $97.73 to $98.71. 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 within the ranges set forth in this Form 4.

3. Represents the weighted average price of shares sold at prices that ranged from $98.73 to $99.70.

4. Represents the weighted average price of shares sold at prices that ranged from $99.80 to $100.72.

5. Represents the weighted average price of shares sold at prices that ranged from $100.73 to $100.89.

6. Represents the weighted average price of shares sold at prices that ranged from $102.40 to $103.34.

7. Represents the weighted average price of shares sold at prices that ranged from $103.54 to $104.39.

8. Represents the weighted average price of shares sold at prices that ranged from $104.40 to $105.32.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	07/28/2026
	** 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)