STOCK TITAN

Sea Ltd (NYSE: SE) COO Ye Gang offloads 40,000 shares in 10b5-1 plan

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd director and COO Ye Gang reported indirect sales of 40,000 Class A ordinary shares on July 24 and 27, 2026, through a BVI entity he controls, at weighted-average prices per tranche ranging from $98.18 to $104.69 per share under a Rule 10b5-1 trading plan adopted on September 4, 2025. Following these transactions, he directly held 21,636,405 Class A ordinary shares.

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Insights

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Insider Ye Gang
Role COO
Sold 40,000 shs ($4.07M)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F6 10,600 $102.95 $1.09M
Sale Class A ordinary shares F1, F7 3,489 $104.22 $364K
Sale Class A ordinary shares F1, F8 5,911 $104.69 $619K
Sale Class A ordinary shares F1, F2 3,316 $98.18 $326K
Sale Class A ordinary shares F1, F3 1,052 $99.31 $104K
Sale Class A ordinary shares F1, F4 15,020 $100.30 $1.51M
Sale Class A ordinary shares F1, F5 612 $100.82 $62K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 200,000 shares (Indirect, By BVI entity); Class A ordinary shares — 21,636,405 shares (Direct)
Footnotes (8)
  1. 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.
  2. F2. Represents the weighted average price of shares sold at prices that ranged from $97.73 to $98.725. 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. F3. Represents the weighted average price of shares sold at prices that ranged from $98.73 to $99.69.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $99.73 to $100.72.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $100.75 to $100.92.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $102.40 to $103.34.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $103.55 to $104.39.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $104.40 to $105.34.
Total shares sold 40,000 shares Aggregate Class A ordinary shares indirectly sold across seven transactions
Direct holdings after transactions 21,636,405 shares Class A ordinary shares held directly by Ye Gang after the reported sales
Largest single tranche 15,020 shares Class A ordinary shares sold on July 24, 2026 at a weighted-average price of $100.30 per share
Lowest weighted-average sale price $98.18 per share Weighted-average price for a 3,316-share sale on July 24, 2026
Highest weighted-average sale price $104.69 per share Weighted-average price for a 5,911-share sale on July 27, 2026
10b5-1 plan adoption date September 4, 2025 Date the BVI entity controlled by Ye Gang adopted the Rule 10b5-1 trading plan
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 that ranged..."
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 regulatory
"adopted by a BVI entity controlled by the Reporting Person"

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FAQ

How many Sea Ltd (SE) shares did COO Ye Gang recently sell?

Ye Gang indirectly sold 40,000 Sea Ltd Class A ordinary shares across seven transactions on July 24 and 27, 2026. The sales were executed by a BVI entity he controls pursuant to a pre-arranged Rule 10b5-1 trading plan.

At what prices were Ye Gang’s Sea Ltd (SE) share sales executed?

The reported transactions used weighted-average prices per tranche ranging from $98.18 to $104.69 per share. Footnotes state that individual trades within each tranche occurred over narrower price ranges between $97.73 and $105.34.

Were Ye Gang’s Sea Ltd (SE) share sales under a Rule 10b5-1 plan?

Yes. A footnote states the shares were sold under a Rule 10b5-1 trading plan adopted on September 4, 2025 by a BVI entity controlled by Ye Gang, indicating the sales were pre-arranged rather than discretionary.

How many Sea Ltd (SE) shares does Ye Gang hold after these transactions?

After the reported sales, Ye Gang is shown as directly holding 21,636,405 Class A ordinary shares of Sea Ltd. This figure reflects direct ownership and is separate from any shares held indirectly through the BVI entity.

What type of Sea Ltd (SE) security did Ye Gang trade and how were they held?

The transactions involved Class A ordinary shares of Sea Ltd. All reported sales were made on an indirect basis by a BVI entity controlled by Ye Gang, while his remaining 21,636,405 shares are reported as held directly.
SEC Form 4
FORM 4UNITED 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)
SINGAPORE138522

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A ordinary shares07/24/2026S3,316(1)D$98.18(2)236,684IBy BVI entity
Class A ordinary shares07/24/2026S1,052(1)D$99.31(3)235,632IBy BVI entity
Class A ordinary shares07/24/2026S15,020(1)D$100.3(4)220,612IBy BVI entity
Class A ordinary shares07/24/2026S612(1)D$100.82(5)220,000IBy BVI entity
Class A ordinary shares07/27/2026S10,600(1)D$102.95(6)209,400IBy BVI entity
Class A ordinary shares07/27/2026S3,489(1)D$104.22(7)205,911IBy BVI entity
Class A ordinary shares07/27/2026S5,911(1)D$104.69(8)200,000IBy BVI entity
Class A ordinary shares21,636,405D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $97.73 to $98.725. 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 $98.73 to $99.69.
4. Represents the weighted average price of shares sold at prices that ranged from $99.73 to $100.72.
5. Represents the weighted average price of shares sold at prices that ranged from $100.75 to $100.92.
6. Represents the weighted average price of shares sold at prices that ranged from $102.40 to $103.34.
7. Represents the weighted average price of shares sold at prices that ranged from $103.55 to $104.39.
8. Represents the weighted average price of shares sold at prices that ranged from $104.40 to $105.34.
/s/ Mark Tang, attorney-in-fact for Gang Ye07/28/2026
** Signature of Reporting PersonDate
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)