STOCK TITAN

Sea Ltd (SE) executive linked to 3,000-share Rule 10b5-1 planned stock sale

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd executive Wang Yanjun, the CCO and GC, reported sales totaling 3,000 Class A ordinary shares of Sea Ltd on August 7 and 10, 2026. The shares were sold indirectly by a BVI entity controlled by Wang pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026. After these transactions, Wang also reported 1,162,442 Class A ordinary shares held directly.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 3,000 shs ($341K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F5 508 $114.12 $58K
Sale Class A ordinary shares F1, F6 961 $114.79 $110K
Sale Class A ordinary shares F1, F7 31 $115.59 $4K
Sale Class A ordinary shares F1, F2 749 $112.59 $84K
Sale Class A ordinary shares F1, F3 670 $113.31 $76K
Sale Class A ordinary shares F1, F4 81 $114.25 $9K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 10,000 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct)
Footnotes (7)
  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 $112.01 to $113.00. 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 $113.01 to $113.99.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $114.01 to $114.46.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $113.45 to $114.44.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $114.45 to $115.44.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $115.45 to $115.82.
Total shares sold 3,000 Class A ordinary shares Aggregate of six sale transactions on August 7 and 10, 2026
Sale price (example 1) $112.59 per share Weighted average sale price for 749 shares on August 7, 2026
Sale price (example 2) $114.79 per share Weighted average sale price for 961 shares on August 10, 2026
Price range overall $112.01 to $115.82 Footnotes describe underlying trade price ranges for the weighted averages
Direct holdings after transaction 1,162,442 Class A ordinary shares Direct ownership position reported as of August 7, 2026
10b5-1 plan adoption date March 26, 2026 Date BVI entity controlled by reporting person adopted Rule 10b5-1 plan
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity"
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 from $112.01"
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.
BVI entity regulatory
"adopted by a BVI entity controlled by the Reporting Person on March 26, 2026"

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FAQ

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

Sea Ltd reported that CCO and GC Wang Yanjun was associated with the sale of 3,000 Class A ordinary shares on August 7 and 10, 2026. The shares were sold indirectly through a BVI entity controlled by him.

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

The reported sales involved weighted average prices of approximately $112.59, $113.31, $114.25, $114.12, $114.79 and $115.59 per share. Footnotes state these averages reflect trades within specified price ranges between $112.01 and $115.82.

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

Yes. A footnote states the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on March 26, 2026. This indicates the sales followed a pre-arranged trading plan.

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

Following the reported sales, Wang Yanjun reported 1,162,442 Class A ordinary shares held directly. The filing also shows separate sales executed indirectly through a BVI entity, which are reported separately from his direct holdings.

How were the indirect Sea Ltd (SE) holdings structured for these sales?

The sold shares were held indirectly "By BVI entity" associated with the reporting person. A footnote explains that this BVI entity is controlled by the reporting person, and it was this entity that adopted the Rule 10b5-1 plan and executed the sales.

How many Sea Ltd (SE) share sale transactions were reported in this filing?

The filing lists six non-derivative sale transactions of Class A ordinary shares, all coded "S" for sale. These occurred on August 7, 2026 and August 10, 2026, and together represent the disposition of 3,000 shares.
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)
08/07/2026
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 shares08/07/2026S749(1)D$112.59(2)12,251IBy BVI entity
Class A ordinary shares08/07/2026S670(1)D$113.31(3)11,581IBy BVI entity
Class A ordinary shares08/07/2026S81(1)D$114.25(4)11,500IBy BVI entity
Class A ordinary shares08/10/2026S508(1)D$114.12(5)10,992IBy BVI entity
Class A ordinary shares08/10/2026S961(1)D$114.79(6)10,031IBy BVI entity
Class A ordinary shares08/10/2026S31(1)D$115.59(7)10,000IBy BVI entity
Class A ordinary shares1,162,442D
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 $112.01 to $113.00. 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 $113.01 to $113.99.
4. Represents the weighted average price of shares sold at prices that ranged from $114.01 to $114.46.
5. Represents the weighted average price of shares sold at prices that ranged from $113.45 to $114.44.
6. Represents the weighted average price of shares sold at prices that ranged from $114.45 to $115.44.
7. Represents the weighted average price of shares sold at prices that ranged from $115.45 to $115.82.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang08/11/2026
** 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)