Sea Ltd (SE) COO Ye Gang’s BVI entity sells 10,000 shares under 10b5‑1 plan

Rhea-AI Filing Summary

Sea Ltd director and COO Ye Gang reported an indirect sale of 10,000 Class A ordinary shares on March 25, 2026, executed as open‑market transactions by a BVI entity he controls under a pre‑arranged Rule 10b5‑1 trading plan. The shares were sold at prices around $80–$81, leaving the BVI entity with 440,000 indirectly held shares. Ye Gang also reports direct ownership of 22,394,539 Class A ordinary shares after these transactions.

Insider Trade Summary 10b5-1

Net Seller: 10,000 shares ($806,002)

Net Sell 3 txns

Insider Ye Gang

Role COO

Sold 10,000 shs ($806K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	9,997	$80.60	$806K
Sale	Class A ordinary shares	3	$81.11	$243.33
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 440,003 shares (Indirect, By BVI entity); Class A ordinary shares — 22,394,539 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 September 4, 2025. Represents the weighted average price of shares sold at prices that ranged from $80.09 to $81.07. 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.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Ye Gang

(Last) (First) (Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	03/25/2026		S		9,997(1)	D	$80.6(2)	440,003	I	By BVI entity
Class A ordinary shares	03/25/2026		S		3(1)	D	$81.11	440,000	I	By BVI entity
Class A ordinary shares								22,394,539	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $80.09 to $81.07. 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.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	03/26/2026
	** 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)

FAQ

What insider transaction did Sea Ltd (SE) report for Ye Gang?

Sea Ltd reported that COO and director Ye Gang had 10,000 Class A ordinary shares sold on March 25, 2026. The trades were executed in the open market by a BVI entity he controls, according to a pre‑arranged Rule 10b5‑1 trading plan.

At what prices were Ye Gang’s Sea Ltd (SE) shares sold?

The reported sales of Sea Ltd Class A ordinary shares occurred at prices around $80–$81 per share. One trade was at $80.60 for 9,997 shares and another at $81.11 for 3 shares, with a weighted average range between $80.09 and $81.07.

How many Sea Ltd (SE) shares does Ye Gang hold after this Form 4?

After these transactions, Ye Gang reports indirect ownership of 440,000 Class A ordinary shares via a BVI entity. He also reports direct ownership of 22,394,539 Class A ordinary shares, giving a substantial remaining position following the 10,000‑share sale disclosed in this filing.

Were Ye Gang’s Sea Ltd (SE) share sales made under a 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 Ye Gang on September 4, 2025. Such plans are pre‑arranged trading programs that schedule sales in advance, reducing timing discretion.

Were the Sea Ltd (SE) sales made directly by Ye Gang or an entity?

The sales were executed indirectly through a BVI entity described as being controlled by Ye Gang. The Form 4 lists the nature of ownership as indirect, “By BVI entity,” meaning the trades were conducted by that entity rather than as direct personal sales.