STOCK TITAN

Sea Ltd (NYSE: SE) CCO sells 3,000 shares under Rule 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd CCO and GC Wang Yanjun reported open-market sales of 3,000 Class A ordinary shares. The shares were sold on July 14–15, 2026 through a BVI entity controlled by him, under a Rule 10b5-1 trading plan, at prices between $108.29 and $114.61 per share. After these transactions, he beneficially owns 1,162,442 Class A ordinary shares directly and also retains indirect holdings via the BVI entity.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 3,000 shs ($332K)
Type Security Shares Price Value
Sale Class A ordinary shares 11 $109.10 $1K
Sale Class A ordinary shares 568 $110.45 $63K
Sale Class A ordinary shares 261 $111.48 $29K
Sale Class A ordinary shares 289 $112.56 $33K
Sale Class A ordinary shares 271 $113.53 $31K
Sale Class A ordinary shares 100 $114.19 $11K
Sale Class A ordinary shares 369 $108.94 $40K
Sale Class A ordinary shares 844 $109.74 $93K
Sale Class A ordinary shares 281 $110.58 $31K
Sale Class A ordinary shares 6 $111.42 $668.52
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 35,489 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct)
Footnotes (1)
  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. Represents the weighted average price of shares sold at prices that ranged from $108.29 to $109.28. 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. Represents the weighted average price of shares sold at prices that ranged from $109.29 to $110.27. Represents the weighted average price of shares sold at prices that ranged from $110.29 to $111.28. Represents the weighted average price of shares sold at prices that ranged from $111.38 to $111.48. Represents the weighted average price of shares sold at prices that ranged from $109.07 to $109.17. Represents the weighted average price of shares sold at prices that ranged from $110.23 to $111.06. Represents the weighted average price of shares sold at prices that ranged from $111.07 to $112.06. Represents the weighted average price of shares sold at prices that ranged from $112.07 to $113.06. Represents the weighted average price of shares sold at prices that ranged from $113.07 to $114.05. Represents the weighted average price of shares sold at prices that ranged from $114.07 to $114.61.
Shares sold 3,000 Class A ordinary shares Open-market sales on July 14–15, 2026 via BVI entity controlled by Wang Yanjun
Sale price range $108.29–$114.61 per share Weighted average price ranges for the reported open-market sales
Direct holdings after transactions 1,162,442 Class A ordinary shares Shares beneficially owned directly by Wang Yanjun as of July 14, 2026
Number of sale transactions 10 transactions Count of reported open-market sale entries associated with the 3,000 shares sold
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"
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 for each reported transaction"
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
"trading plan adopted by a BVI entity controlled by the Reporting Person"

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FAQ

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

Sea Ltd disclosed that CCO and GC Wang Yanjun was associated with open-market sales of 3,000 Class A ordinary shares. The transactions occurred on July 14–15, 2026 through a BVI entity he controls, under a pre-adopted Rule 10b5-1 trading plan.

How many Sea Ltd (SE) shares did Wang Yanjun sell and at what prices?

Transactions linked to Wang Yanjun totaled 3,000 Class A ordinary shares of Sea Ltd. The sales were executed in multiple trades at weighted average prices within ranges from $108.29 to $114.61 per share, as detailed in the price-range footnotes.

Were Wang Yanjun’s Sea Ltd (SE) share sales under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026 by a BVI entity controlled by the reporting person. Such plans typically pre-schedule trades, reducing the significance of trade timing.

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

After the reported transactions, Wang Yanjun beneficially owns 1,162,442 Class A ordinary shares directly. He also has indirect holdings through a BVI entity, as indicated by the indirect ownership entries, though the exact indirect share count is not aggregated here.

Were the Sea Ltd (SE) insider sales made directly by Wang Yanjun or through an entity?

The reported open-market sales were made indirectly through a BVI entity controlled by Wang Yanjun. The Form 4 marks these positions as indirect ownership and notes that the BVI entity adopted the Rule 10b5-1 plan used for the sales.

How many separate insider sale transactions did Sea Ltd (SE) report for these dates?

The Form 4 lists 10 separate open-market sale transactions for Sea Ltd Class A ordinary shares over July 14–15, 2026. These individual trades together account for the 3,000 shares sold under the Rule 10b5-1 trading plan.
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)
07/14/2026
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 shares07/14/2026S369(1)D$108.94(2)36,631IBy BVI entity
Class A ordinary shares07/14/2026S844(1)D$109.74(3)35,787IBy BVI entity
Class A ordinary shares07/14/2026S281(1)D$110.58(4)35,506IBy BVI entity
Class A ordinary shares07/14/2026S6(1)D$111.42(5)35,500IBy BVI entity
Class A ordinary shares07/15/2026S11(1)D$109.1(6)35,489IBy BVI entity
Class A ordinary shares07/15/2026S568(1)D$110.45(7)34,921IBy BVI entity
Class A ordinary shares07/15/2026S261(1)D$111.48(8)34,660IBy BVI entity
Class A ordinary shares07/15/2026S289(1)D$112.56(9)34,371IBy BVI entity
Class A ordinary shares07/15/2026S271(1)D$113.53(10)34,100IBy BVI entity
Class A ordinary shares07/15/2026S100(1)D$114.19(11)34,000IBy 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 $108.29 to $109.28. 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 $109.29 to $110.27.
4. Represents the weighted average price of shares sold at prices that ranged from $110.29 to $111.28.
5. Represents the weighted average price of shares sold at prices that ranged from $111.38 to $111.48.
6. Represents the weighted average price of shares sold at prices that ranged from $109.07 to $109.17.
7. Represents the weighted average price of shares sold at prices that ranged from $110.23 to $111.06.
8. Represents the weighted average price of shares sold at prices that ranged from $111.07 to $112.06.
9. Represents the weighted average price of shares sold at prices that ranged from $112.07 to $113.06.
10. Represents the weighted average price of shares sold at prices that ranged from $113.07 to $114.05.
11. Represents the weighted average price of shares sold at prices that ranged from $114.07 to $114.61.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang07/16/2026
** 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)