Sea COO sells 10,000 shares in planned trades
Sea Ltd COO and director Ye Gang reported small, pre-planned stock sales through a BVI entity he controls.
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Form Type
4
Rhea-AI Filing Summary
Sea Ltd COO and director Ye Gang reported small, pre-planned stock sales through a BVI entity he controls. On May 20, 2026, that entity sold a total of 10,000 Class A ordinary shares in open-market transactions.
The reported sales were executed at weighted average prices of $85.39, $86.52 and $86.94, across price ranges from $84.84 to $87.11, as detailed in the footnotes. Following these trades, Ye Gang continues to hold 22,206,405 Class A ordinary shares directly.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
4 txns
Insider
Ye Gang
Role
COO
Sold
10,000 shs ($863K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 1,881 | $85.39 | $161K |
| Sale | Class A ordinary shares | 7,126 | $86.52 | $617K |
| Sale | Class A ordinary shares | 993 | $86.94 | $86K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 260,000 shares (Indirect, By BVI entity);
Class A ordinary shares — 22,206,405 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. Represents the weighted average price of shares sold at prices that ranged from $84.84 to $85.82. 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 $85.85 to $86.83.
- F4. Represents the weighted average price of shares sold at prices that ranged from $86.84 to $87.11.
Key Figures
Shares sold: 10,000 shares
Sale price tranche 1: $85.39/share
Sale price tranche 2: $86.52/share
+5 more
8 metrics
Shares sold
10,000 shares
Total Class A ordinary shares sold on May 20, 2026
Sale price tranche 1
$85.39/share
Weighted average price for one group of sales
Sale price tranche 2
$86.52/share
Weighted average price for one group of sales
Sale price tranche 3
$86.94/share
Weighted average price for one group of sales
Price range low
$84.84/share
Lowest price in disclosed sale ranges
Price range high
$87.11/share
Highest price in disclosed sale ranges
Direct holdings after transactions
22,206,405 shares
Direct Class A ordinary shares held by Ye Gang after trades
Transaction date
May 20, 2026
Date of reported open-market sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted"
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"
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.
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.
indirect ownership financial
"ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Sea (SE) report for Ye Gang?
Sea reported that a BVI entity controlled by COO Ye Gang sold 10,000 Class A ordinary shares on May 20, 2026. These were open-market transactions executed under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled, rather than discretionary, sale program.
Does Ye Gang still hold a large position in Sea (SE) after these sales?
Yes. After the reported transactions, Ye Gang directly holds 22,206,405 Class A ordinary shares of Sea. He also continues to have indirect holdings through a BVI entity, so the 10,000 shares sold represent a small portion of his overall reported ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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