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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.

(Very High)
(Negative)
Form Type
4

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.

Positive

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Negative

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Insights

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Insider Chen Jingye
Role CPO, Shopee
Sold 60,000 shs ($6.46M)
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 -- -- --
Holdings After Transaction: Class A ordinary shares — 180,000 shares (Indirect, By BVI entity); Class A ordinary shares — 8,976,574 shares (Direct)
Footnotes (10)
  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 June 10, 2026.
  2. 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.
  3. F3. Represents the weighted average price of shares sold at prices that ranged from $107.56 to $108.54.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $108.56 to $109.09.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $104.83 to $105.78.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $105.85 to $106.75.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $106.90 to $107.80.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $107.97 to $108.82.
  9. F9. Represents the weighted average price of shares sold at prices that ranged from $108.83 to $109.81.
  10. F10. Represents the weighted average price of shares sold at prices that ranged from $109.83 to $110.10.
Shares sold 60,000 shares Total Class A ordinary shares sold on September 11 and 14, 2026
Number of sale transactions 9 transactions Non-derivative sales of Class A ordinary shares
Example weighted average sale price $106.95 per share Weighted average price for 14,833 shares sold on September 11, 2026
Reported price range (low) $104.83 per share Lowest end of disclosed sale price ranges in the footnotes
Reported price range (high) $110.10 per share Highest end of disclosed sale price ranges in the footnotes
Direct holdings after transactions 8,976,574 shares Class A ordinary shares directly owned as of September 11, 2026
Rule 10b5-1 plan adoption date June 10, 2026 Adoption date for BVI entity’s trading plan used for these sales
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.
indirect ownership financial
"Transactions are reported with ownership type indicated as indirect"
Class A ordinary shares financial
"Non-derivative transactions involved 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
"Nature of ownership is reported as By BVI entity controlled by the person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sea Ltd (SE) officer Chen Jingye report in this Form 4?

Chen Jingye, CPO of Shopee, reported that a BVI entity he controls sold 60,000 Class A ordinary shares of Sea Ltd in multiple transactions on September 11 and September 14, 2026, and disclosed his direct holdings after these sales.

How many Sea Ltd (SE) shares did Chen Jingye sell and on what dates?

A BVI entity controlled by Chen Jingye sold 60,000 Class A ordinary shares of Sea Ltd across nine sale transactions executed on September 11, 2026, and September 14, 2026, according to the Form 4.

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

The reported weighted average prices per transaction ranged from about $104.83 to $110.10 per share, with specific ranges disclosed for each trade, such as $106.56–$107.55 and $109.83–$110.10, as described in the footnotes.

Were Chen Jingye’s Sea Ltd (SE) share sales made under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on June 10, 2026 by a BVI entity controlled by Chen Jingye, and the Form 4’s Rule 10b5-1 checkbox is marked as affirmed.

How many Sea Ltd (SE) shares does Chen Jingye hold directly after these transactions?

The Form 4 reports that Chen Jingye directly owns 8,976,574 Class A ordinary shares of Sea Ltd as of September 11, 2026. This figure reflects his direct, not indirect, ownership position.

Were the Sea Ltd (SE) shares sold directly by Chen Jingye or through another entity?

The sales were reported as indirect ownership transactions, with the shares held and sold “By BVI entity”. A footnote explains this BVI entity is controlled by Chen Jingye.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Chen Jingye

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CPO, Shopee
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
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 shares09/11/2026S14,833(1)D$106.95(2)225,167IBy BVI entity
Class A ordinary shares09/11/2026S13,447(1)D$107.97(3)211,720IBy BVI entity
Class A ordinary shares09/11/2026S1,720(1)D$108.75(4)210,000IBy BVI entity
Class A ordinary shares09/14/2026S3,700(1)D$105.27(5)206,300IBy BVI entity
Class A ordinary shares09/14/2026S4,700(1)D$106.25(6)201,600IBy BVI entity
Class A ordinary shares09/14/2026S2,200(1)D$107.38(7)199,400IBy BVI entity
Class A ordinary shares09/14/2026S10,800(1)D$108.5(8)188,600IBy BVI entity
Class A ordinary shares09/14/2026S5,600(1)D$109.19(9)183,000IBy BVI entity
Class A ordinary shares09/14/2026S3,000(1)D$109.97(10)180,000IBy BVI entity
Class A ordinary shares8,976,574D
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 June 10, 2026.
2. 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.
3. Represents the weighted average price of shares sold at prices that ranged from $107.56 to $108.54.
4. Represents the weighted average price of shares sold at prices that ranged from $108.56 to $109.09.
5. Represents the weighted average price of shares sold at prices that ranged from $104.83 to $105.78.
6. Represents the weighted average price of shares sold at prices that ranged from $105.85 to $106.75.
7. Represents the weighted average price of shares sold at prices that ranged from $106.90 to $107.80.
8. Represents the weighted average price of shares sold at prices that ranged from $107.97 to $108.82.
9. Represents the weighted average price of shares sold at prices that ranged from $108.83 to $109.81.
10. Represents the weighted average price of shares sold at prices that ranged from $109.83 to $110.10.
/s/ Mark Tang, attorney-in-fact for Jingye Chen09/15/2026
** 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)

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