What are Wang Yanjun’s Sea Ltd (SE) share holdings after these sales?

After the reported transactions, Wang Yanjun directly owns 1,212,442 Class A ordinary shares. The Form 4 also shows remaining indirect holdings through a BVI entity, with post-transaction line items such as 1,585 shares in that indirect account.

Who actually executed the Sea Ltd (SE) share sales reported in this Form 4?

The sales were executed by a BVI entity noted as holding the shares indirectly for the reporting person. The filing specifies the nature of ownership as “By BVI entity,” indicating the transactions occurred at that entity level rather than in a personal account.

Sea Ltd (NYSE: SE) CCO-linked BVI entity sells 800 shares

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sea Ltd CCO and GC Wang Yanjun reported open-market sales of 800 Class A ordinary shares made on June 10, 2026 by a BVI entity associated with him. The sales, executed at prices between about $81.36 and $83.50, were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by that BVI entity. Following these transactions, Wang holds about 1,212,442 Class A ordinary shares directly, with additional indirect holdings through the BVI entity.

Insider Trade Summary 10b5-1

Net Seller: 800 shares ($65,887)

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	415	$81.84	$34K
Sale	Class A ordinary shares	338	$82.84	$28K
Sale	Class A ordinary shares	47	$83.48	$4K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 1,585 shares (Indirect, By BVI entity); Class A ordinary shares — 1,212,442 shares (Direct, null)

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 $81.36 to $82.35. 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 $82.36 to $83.33. Represents the weighted average price of shares sold at prices that ranged from $83.37 to $83.50.

Key Figures

Shares sold: 800 shares Sale price 1: $83.48/share Sale price 2: $82.84/share +5 more

8 metrics

Shares sold 800 shares Total Class A ordinary shares sold on June 10, 2026

Sale price 1 $83.48/share One reported open-market sale price for Class A ordinary shares

Sale price 2 $82.84/share Another reported open-market sale price for Class A ordinary shares

Sale price 3 $81.84/share Additional reported open-market sale price for Class A ordinary shares

Direct holdings after 1,212,442 shares Direct Class A ordinary shares held by Wang Yanjun after transactions

Indirect holdings example 1,585 shares One reported post-transaction indirect Class A share balance via BVI entity

Net share direction net-sell of 800 shares Transaction summary net buy/sell direction for this Form 4

Transaction date June 10, 2026 Date of reported open-market sales

Key Terms

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

5 terms

Rule 10b5-1 trading plan regulatory

"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.

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.

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.

BVI entity financial

"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity..."

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.

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 06:10 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)
06/10/2026

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	06/10/2026		S		415⁽¹⁾	D	$81.84⁽²⁾	1,585	I	By BVI entity
Class A ordinary shares	06/10/2026		S		338⁽¹⁾	D	$82.84⁽³⁾	1,247	I	By BVI entity
Class A ordinary shares	06/10/2026		S		47⁽¹⁾	D	$83.48⁽⁴⁾	1,200	I	By BVI entity
Class A ordinary shares								1,212,442	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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $81.36 to $82.35. 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 $82.36 to $83.33.

4. Represents the weighted average price of shares sold at prices that ranged from $83.37 to $83.50.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	06/12/2026
	** 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 transaction did Sea Ltd (SE) report for Wang Yanjun?

Sea Ltd reported that an entity associated with CCO and GC Wang Yanjun sold 800 Class A ordinary shares. The sales occurred on June 10, 2026, and were executed as open-market transactions according to the Form 4 data.

At what prices were the Sea Ltd (SE) shares sold in this Form 4?

The reported sales involved weighted average prices within ranges from $81.36 to $83.50 per share. Specific lines show prices such as $81.84, $82.84 and $83.48, reflecting multiple open-market transactions on the same trading day.

How many Sea Ltd (SE) shares did the CCO-linked entity sell?

The BVI entity associated with CCO and GC Wang Yanjun sold a total of 800 Class A ordinary shares. This total comes from three reported sale entries of 47, 338 and 415 shares in the Form 4 transaction summary.

Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote explains the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person. Such plans pre-schedule trades, making the timing more routine and less discretionary.