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

Sea Ltd reported that a BVI entity controlled by Wang Yanjun sold 2,400 Class A ordinary shares in six transactions on July 20–21, 2026, at weighted average prices between $105.75 and $107.91 per share under a Rule 10b5-1 trading plan.

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

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang on March 26, 2026, indicating the transactions followed a pre-arranged trading schedule.

Sea Ltd CCO sells 2,400 shares under 10b5-1 plan

Q: How many Sea Ltd (SE) shares does Wang Yanjun report holding directly?

Wang Yanjun reported direct ownership of 1,162,442 Class A ordinary shares. This direct holding is reported separately from the shares sold indirectly through the BVI entity and reflects his personal registered position in Sea Ltd stock.

Q: Were the Sea Ltd (SE) shares sold by Wang Yanjun held directly or indirectly?

The 2,400 Class A shares were held indirectly, reported as owned "By BVI entity" controlled by Wang. The transactions therefore relate to that entity’s holdings, not to shares he holds directly in his own name.

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Rhea-AI Filing Summary

Sea Ltd insider Wang Yanjun, CCO and GC, reported that a BVI entity he controls sold 2,400 Class A ordinary shares on July 20–21, 2026, in six transactions at weighted average prices between $105.75 and $107.91 per share under a Rule 10b5-1 trading plan adopted March 26, 2026. Wang also reported 1,162,442 Class A ordinary shares held directly.

Insider Trade Summary 10b5-1

Net Seller: 2,400 shares

Net Sell 7 txns

Insider Wang Yanjun

Role CCO and GC

Sold 2,400 shs ($255K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares ^{F1, F5}	937	$106.00	$99K
Sale	Class A ordinary shares ^{F1, F6}	194	$106.73	$21K
Sale	Class A ordinary shares ^{F1, F7}	69	$107.91	$7K
Sale	Class A ordinary shares ^{F1, F2}	574	$105.75	$61K
Sale	Class A ordinary shares ^{F1, F3}	463	$107.02	$50K
Sale	Class A ordinary shares ^{F1, F4}	163	$107.66	$18K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 28,900 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct)

Footnotes (7)

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 $105.50 to $106.47. 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 $106.50 to $107.49.
F4. Represents the weighted average price of shares sold at prices that ranged from $107.50 to $107.98.
F5. Represents the weighted average price of shares sold at prices that ranged from $105.44 to $106.43.
F6. Represents the weighted average price of shares sold at prices that ranged from $106.44 to $107.38.
F7. Represents the weighted average price of shares sold at prices that ranged from $107.77 to $107.96.

Key Figures

Shares sold: 2400 shares Number of sale transactions: 6 Sale price range: $105.44–$107.98 per share +3 more

6 metrics

Shares sold 2400 shares Class A ordinary shares sold indirectly by BVI entity on July 20–21, 2026

Number of sale transactions 6 Non-derivative sale transactions reported for Class A ordinary shares

Sale price range $105.44–$107.98 per share Price ranges across tranches as described in footnotes F2–F7

Weighted average sale prices $105.75 to $107.91 per share Reported weighted average prices for the six sale transactions

Direct holdings reported 1162442 shares Class A ordinary shares held directly by Wang Yanjun as reported on July 20, 2026

10b5-1 plan adoption date March 26, 2026 Date BVI entity’s Rule 10b5-1 trading plan was adopted

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, BVI entity

4 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"

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 financial

"adopted by a BVI entity controlled by the Reporting Person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Sea Ltd (SE) shares does Wang Yanjun report holding directly?

Wang Yanjun reported direct ownership of 1,162,442 Class A ordinary shares. This direct holding is reported separately from the shares sold indirectly through the BVI entity and reflects his personal registered position in Sea Ltd stock.

Were the Sea Ltd (SE) shares sold by Wang Yanjun held directly or indirectly?

The 2,400 Class A shares were held indirectly, reported as owned "By BVI entity" controlled by Wang. The transactions therefore relate to that entity’s holdings, not to shares he holds directly in his own name.

What is Wang Yanjun’s role at Sea Ltd (SE) in this insider filing?

In this filing, Wang Yanjun is identified as an officer of Sea Ltd, serving as Chief Corporate Officer (CCO) and General Counsel (GC). He reports transactions and holdings in the company’s Class A ordinary shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/22/2026 - 06:05 AM EDT

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)
07/20/2026

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	07/20/2026		S		574⁽¹⁾	D	$105.75⁽²⁾	30,726	I	By BVI entity
Class A ordinary shares	07/20/2026		S		463⁽¹⁾	D	$107.02⁽³⁾	30,263	I	By BVI entity
Class A ordinary shares	07/20/2026		S		163⁽¹⁾	D	$107.66⁽⁴⁾	30,100	I	By BVI entity
Class A ordinary shares	07/21/2026		S		937⁽¹⁾	D	$106⁽⁵⁾	29,163	I	By BVI entity
Class A ordinary shares	07/21/2026		S		194⁽¹⁾	D	$106.73⁽⁶⁾	28,969	I	By BVI entity
Class A ordinary shares	07/21/2026		S		69⁽¹⁾	D	$107.91⁽⁷⁾	28,900	I	By BVI entity
Class A ordinary shares								1,162,442	D

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 March 26, 2026.

2. Represents the weighted average price of shares sold at prices that ranged from $105.50 to $106.47. 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 $106.50 to $107.49.

4. Represents the weighted average price of shares sold at prices that ranged from $107.50 to $107.98.

5. Represents the weighted average price of shares sold at prices that ranged from $105.44 to $106.43.

6. Represents the weighted average price of shares sold at prices that ranged from $106.44 to $107.38.

7. Represents the weighted average price of shares sold at prices that ranged from $107.77 to $107.96.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	07/22/2026
	** 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