Sea Ltd (NYSE: SE) BVI entity sells 2,700 shares under 10b5-1 plan
Rhea-AI Filing Summary
Sea Ltd reports that a BVI entity controlled by CCO and GC Wang Yanjun sold a total of 2,700 Class A ordinary shares on July 28–29, 2026 under a Rule 10b5-1 trading plan adopted on March 26, 2026, at weighted-average prices between $103.51 and $109.83, with underlying trade prices ranging from $102.84 to $110.00. The filing also lists 1,162,442 Class A ordinary shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,700 shares
Net Sell
8 txns
Insider
Wang Yanjun
Role
CCO and GC
Sold
2,700 shs ($289K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F6 | 524 | $107.67 | $56K |
| Sale | Class A ordinary shares F1, F7 | 521 | $108.75 | $57K |
| Sale | Class A ordinary shares F1, F8 | 455 | $109.83 | $50K |
| Sale | Class A ordinary shares F1, F2 | 283 | $103.51 | $29K |
| Sale | Class A ordinary shares F1, F3 | 422 | $104.37 | $44K |
| Sale | Class A ordinary shares F1, F4 | 298 | $105.34 | $31K |
| Sale | Class A ordinary shares F1, F5 | 197 | $106.36 | $21K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 21,400 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,162,442 shares (Direct)
Footnotes (8)
- 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 $102.84 to $103.84. 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 $103.85 to $104.83.
- F4. Represents the weighted average price of shares sold at prices that ranged from $104.89 to $105.836.
- F5. Represents the weighted average price of shares sold at prices that ranged from $105.84 to $106.63.
- F6. Represents the weighted average price of shares sold at prices that ranged from $107.20 to $108.19.
- F7. Represents the weighted average price of shares sold at prices that ranged from $108.25 to $109.19.
- F8. Represents the weighted average price of shares sold at prices that ranged from $109.21 to $110.00.
Key Figures
Shares sold: 2,700 Class A ordinary shares
Sale price range (weighted-average): $103.51–$109.83 per share
Underlying trade price range: $102.84–$110.00 per share
+2 more
5 metrics
Shares sold
2,700 Class A ordinary shares
Aggregate shares sold on July 28–29, 2026 by a BVI entity controlled by the reporting person
Sale price range (weighted-average)
$103.51–$109.83 per share
Weighted-average prices for the seven reported sale transactions
Underlying trade price range
$102.84–$110.00 per share
Price ranges for individual trades referenced in footnotes F2–F8
Direct holdings
1,162,442 Class A ordinary shares
Directly held shares reported in the holding entry dated July 28, 2026
Rule 10b5-1 plan adoption date
March 26, 2026
Adoption date of the trading plan used for the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, BVI entity
4 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan"
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"
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.
BVI entity financial
"adopted by a BVI entity controlled by the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?
Yes. Footnotes state the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on March 26, 2026. The filing’s 10b5-1 checkbox is also affirmed for these transactions.
Are the reported Sea Ltd (SE) sales direct or indirect holdings of Wang Yanjun?
The sales involve indirect holdings. Each transaction is marked as indirect ownership, with the nature of ownership described as “By BVI entity.” That BVI entity is controlled by Wang Yanjun and executed the trades under a Rule 10b5-1 trading plan.