Sea Ltd officer sells 3,000 shares at $115–$120
Rhea-AI Filing Summary
Sea Ltd (SE) reported insider transactions by officer Wang Yanjun, CCO and GC. On August 19–20, 2026, an affiliated BVI entity controlled by Wang sold a total of 3,000 Class A ordinary shares in multiple open-market transactions at prices between approximately $115.42 and $119.99 per share, with several prices presented as weighted averages over stated ranges. These sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026. Separately, Wang is shown as holding 1,132,842 Class A ordinary shares directly after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares
Net Sell
10 txns
Insider
Wang Yanjun
Role
CCO and GC
Sold
3,000 shs ($353K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F7 | 362 | $116.09 | $42K |
| Sale | Class A ordinary shares F1, F8 | 493 | $117.18 | $58K |
| Sale | Class A ordinary shares F1, F9 | 618 | $117.75 | $73K |
| Sale | Class A ordinary shares F1 | 27 | $119.00 | $3K |
| Sale | Class A ordinary shares F1, F2 | 253 | $115.91 | $29K |
| Sale | Class A ordinary shares F1, F3 | 282 | $116.97 | $33K |
| Sale | Class A ordinary shares F1, F4 | 417 | $117.90 | $49K |
| Sale | Class A ordinary shares F1, F5 | 272 | $119.01 | $32K |
| Sale | Class A ordinary shares F1, F6 | 276 | $119.58 | $33K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 27,600 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,132,842 shares (Direct)
Footnotes (9)
- 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.
- F2. Represents the weighted average price of shares sold at prices that ranged from $115.42 to $116.41. 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 $116.42 to $117.41.
- F4. Represents the weighted average price of shares sold at prices that ranged from $117.43 to $118.41.
- F5. Represents the weighted average price of shares sold at prices that ranged from $118.42 to $119.41.
- F6. Represents the weighted average price of shares sold at prices that ranged from $119.42 to $119.99.
- F7. Represents the weighted average price of shares sold at prices that ranged from $115.63 to $116.627.
- F8. Represents the weighted average price of shares sold at prices that ranged from $116.63 to $117.628.
- F9. Represents the weighted average price of shares sold at prices that ranged from $117.63 to $118.04.
Key Figures
Shares sold: 3,000 Class A ordinary shares
Sale price (example transaction): $116.09 per share
Sale price range (weighted average block): $115.42 to $116.41
+3 more
6 metrics
Shares sold
3,000 Class A ordinary shares
Total non-derivative shares sold indirectly on August 19–20, 2026
Sale price (example transaction)
$116.09 per share
Sale of 362 Class A ordinary shares on August 20, 2026
Sale price range (weighted average block)
$115.42 to $116.41
Price range underlying one weighted average sale on August 19, 2026
Highest price range cited
$119.42 to $119.99
Range for a weighted average sale price on August 19, 2026
Shares held directly after transaction
1,132,842 Class A ordinary shares
Direct ownership position as of August 19, 2026
10b5-1 plan adoption date
March 26, 2026
Date BVI entity controlled by the reporting person adopted trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, indirect ownership
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
"direct_or_indirect: I, nature_of_ownership: By BVI entity"
FAQ
What insider activity did Sea Ltd (SE) report for Wang Yanjun?
Sea Ltd reported that a BVI entity controlled by officer Wang Yanjun sold 3,000 Class A ordinary shares of SE in multiple open-market transactions on August 19–20, 2026, with all sales reported as indirect ownership transactions.
Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states that the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on March 26, 2026, indicating the trades were pre-arranged under that plan.
Are the prices in the Sea Ltd (SE) Form 4 exact or averaged?
Several reported prices are weighted average prices for shares sold within specified ranges, for example from $115.42 to $116.41 or $119.42 to $119.99. The insider has undertaken to provide full breakdowns of individual sale prices upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.