Sea CPO Chen Jingye sells 60,000 shares
Sea Ltd officer Chen Jingye oversaw 60,000-share sales via a BVI entity under a Rule 10b5-1 plan while reporting direct ownership of about 9.0 million shares.
Rhea-AI Filing Summary
Sea Ltd (SE) reported that Chen Jingye, CPO of Shopee, caused a BVI entity he controls to sell a total of 60,000 Class A ordinary shares in a series of transactions on September 11 and September 14, 2026, at weighted average prices within stated ranges around $105–$110 per share.
The filing also reports that Chen Jingye holds 8,976,574 Class A ordinary shares directly as of September 11, 2026. All reported sales were made pursuant to a Rule 10b5-1 trading plan adopted by the BVI entity on June 10, 2026.
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Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F5 | 3,700 | $105.27 | $389K |
| Sale | Class A ordinary shares F1, F6 | 4,700 | $106.25 | $499K |
| Sale | Class A ordinary shares F1, F7 | 2,200 | $107.38 | $236K |
| Sale | Class A ordinary shares F1, F8 | 10,800 | $108.50 | $1.17M |
| Sale | Class A ordinary shares F1, F9 | 5,600 | $109.19 | $611K |
| Sale | Class A ordinary shares F1, F10 | 3,000 | $109.97 | $330K |
| Sale | Class A ordinary shares F1, F2 | 14,833 | $106.95 | $1.59M |
| Sale | Class A ordinary shares F1, F3 | 13,447 | $107.97 | $1.45M |
| Sale | Class A ordinary shares F1, F4 | 1,720 | $108.75 | $187K |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (10)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on June 10, 2026.
- F2. Represents the weighted average price of shares sold at prices that ranged from $106.56 to $107.55. 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 $107.56 to $108.54.
- F4. Represents the weighted average price of shares sold at prices that ranged from $108.56 to $109.09.
- F5. Represents the weighted average price of shares sold at prices that ranged from $104.83 to $105.78.
- F6. Represents the weighted average price of shares sold at prices that ranged from $105.85 to $106.75.
- F7. Represents the weighted average price of shares sold at prices that ranged from $106.90 to $107.80.
- F8. Represents the weighted average price of shares sold at prices that ranged from $107.97 to $108.82.
- F9. Represents the weighted average price of shares sold at prices that ranged from $108.83 to $109.81.
- F10. Represents the weighted average price of shares sold at prices that ranged from $109.83 to $110.10.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
indirect ownership financial
BVI entity regulatory
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What did Sea Ltd (SE) officer Chen Jingye report in this Form 4?
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