STOCK TITAN

Sea Ltd officer sells 3,000 shares at $115–$120

(Moderate)
(Negative)
Form Type
4

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 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)
  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 $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.
  3. F3. Represents the weighted average price of shares sold at prices that ranged from $116.42 to $117.41.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $117.43 to $118.41.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $118.42 to $119.41.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $119.42 to $119.99.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $115.63 to $116.627.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $116.63 to $117.628.
  9. F9. Represents the weighted average price of shares sold at prices that ranged from $117.63 to $118.04.
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
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.
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"

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.

At what prices were the Sea Ltd (SE) shares sold in this Form 4?

The reported sales occurred at prices from about $115.42 to $119.99 per share, with several line items showing weighted average prices such as $115.91, $116.09, $116.97, $117.18, $117.75, $117.90, $119.01 and $119.58 over specified price ranges.

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

After the reported transactions, the Form 4 shows Wang Yanjun holding 1,132,842 Class A ordinary shares of Sea Ltd directly. The 3,000 shares sold were held indirectly through a BVI entity controlled by him.

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.

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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)
08/19/2026
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 shares08/19/2026S253(1)D$115.91(2)30,347IBy BVI entity
Class A ordinary shares08/19/2026S282(1)D$116.97(3)30,065IBy BVI entity
Class A ordinary shares08/19/2026S417(1)D$117.9(4)29,648IBy BVI entity
Class A ordinary shares08/19/2026S272(1)D$119.01(5)29,376IBy BVI entity
Class A ordinary shares08/19/2026S276(1)D$119.58(6)29,100IBy BVI entity
Class A ordinary shares08/20/2026S362(1)D$116.09(7)28,738IBy BVI entity
Class A ordinary shares08/20/2026S493(1)D$117.18(8)28,245IBy BVI entity
Class A ordinary shares08/20/2026S618(1)D$117.75(9)27,627IBy BVI entity
Class A ordinary shares08/20/2026S27(1)D$11927,600IBy BVI entity
Class A ordinary shares1,132,842D
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 $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.
3. Represents the weighted average price of shares sold at prices that ranged from $116.42 to $117.41.
4. Represents the weighted average price of shares sold at prices that ranged from $117.43 to $118.41.
5. Represents the weighted average price of shares sold at prices that ranged from $118.42 to $119.41.
6. Represents the weighted average price of shares sold at prices that ranged from $119.42 to $119.99.
7. Represents the weighted average price of shares sold at prices that ranged from $115.63 to $116.627.
8. Represents the weighted average price of shares sold at prices that ranged from $116.63 to $117.628.
9. Represents the weighted average price of shares sold at prices that ranged from $117.63 to $118.04.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang08/21/2026
** 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)