What share award did Sea Ltd (SE) grant to Wang Yanjun?

On March 31, 2026 , Wang received a grant or award of 1,866 Class A ordinary shares of Sea Ltd at a reported price of $85.74 per share, increasing his directly held stake to 1,222,842 shares .

Were Wang Yanjun’s Sea Ltd (SE) share sales made under a trading plan?

Yes. The Form 4 notes the 800-share indirect sales were executed under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang on September 4, 2025 , indicating the sales were pre-arranged rather than timed discretionarily.

Sea Ltd (SE) CCO oversees 800-share sale and 1,866-share grant

Q: What insider transactions did Sea Ltd (SE) report for Wang Yanjun?

Sea Ltd reported that CCO and GC Wang Yanjun indirectly sold 800 Class A shares through a BVI entity and directly received a 1,866-share grant . These combined transactions modestly adjusted his overall ownership position in the company.

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

A BVI entity controlled by Wang sold 800 Class A shares on April 1, 2026 in three open-market trades at weighted average prices of about $82.20 , $83.51 , and $84.40 , according to the Form 4 disclosure.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sea Ltd chief corporate officer and general counsel Wang Yanjun reported mixed share activity. On April 1, 2026, a BVI entity controlled by Wang sold a total of 800 Class A ordinary shares in open-market trades at weighted average prices around $82–$84, under a pre-arranged Rule 10b5-1 trading plan. After these indirect sales, that entity held 29,200 shares.

Separately, on March 31, 2026, Wang directly acquired 1,866 Class A ordinary shares as a grant or award at a reported price of $85.74, bringing direct holdings to 1,222,842 shares. The transactions appear routine relative to the total reported holdings.

Insider Trade Summary 10b5-1

Net Seller: 800 shares ($66,126)

Net Sell 4 txns

Insider Wang Yanjun

Role CCO and GC

Sold 800 shs ($66K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	551	$82.20	$45K
Sale	Class A ordinary shares	204	$83.51	$17K
Sale	Class A ordinary shares	45	$84.40	$4K
Grant/Award	Class A ordinary shares	1,866	$85.74	$160K

Holdings After Transaction: Class A ordinary shares — 29,449 shares (Indirect, By BVI entity); Class A ordinary shares — 1,222,842 shares (Direct)

Footnotes (1)

The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on September 4, 2025. Represents the weighted average price of shares sold at prices that ranged from $81.93 to $82.92. 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 $82.99 to $83.92. Represents the weighted average price of shares sold at prices that ranged from $83.93 to $84.79.

Key Figures

Indirect shares sold: 800 shares First sale price: $82.20/share Second sale price: $83.51/share +4 more

7 metrics

Indirect shares sold 800 shares Class A ordinary shares sold on April 1, 2026 via BVI entity

First sale price $82.20/share 551 Class A shares sold on April 1, 2026

Second sale price $83.51/share 204 Class A shares sold on April 1, 2026

Third sale price $84.40/share 45 Class A shares sold on April 1, 2026

Awarded shares 1,866 shares Grant or award of Class A shares on March 31, 2026

Direct holdings after award 1,222,842 shares Direct Class A ordinary shares following March 31, 2026 grant

Indirect holdings after sales 29,200 shares Class A shares held by BVI entity after April 1, 2026 trades

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, grant, award, or other acquisition, +1 more

5 terms

Rule 10b5-1 trading plan financial

"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 $81.93 to $82.92."

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.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 06:03 AM

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).

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)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	03/31/2026		A		1,866	A	$85.74	1,222,842	D
Class A ordinary shares	04/01/2026		S		551⁽¹⁾	D	$82.2⁽²⁾	29,449	I	By BVI entity
Class A ordinary shares	04/01/2026		S		204⁽¹⁾	D	$83.51⁽³⁾	29,245	I	By BVI entity
Class A ordinary shares	04/01/2026		S		45⁽¹⁾	D	$84.4⁽⁴⁾	29,200	I	By BVI entity

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $81.93 to $82.92. 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 $82.99 to $83.92.

4. Represents the weighted average price of shares sold at prices that ranged from $83.93 to $84.79.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

Sea Ltd reported that CCO and GC Wang Yanjun indirectly sold 800 Class A shares through a BVI entity and directly received a 1,866-share grant. These combined transactions modestly adjusted his overall ownership position in the company.

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

A BVI entity controlled by Wang sold 800 Class A shares on April 1, 2026 in three open-market trades at weighted average prices of about $82.20, $83.51, and $84.40, according to the Form 4 disclosure.

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

After the reported transactions, Wang’s directly held position is 1,222,842 Class A ordinary shares. Indirectly, the BVI entity associated with him holds 29,200 Class A ordinary shares, as shown in the Form 4 totals following each transaction.