Sea Ltd (NYSE: SE) CPO Chen Jingye sells 1,600 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sea Ltd chief product officer for Shopee, Chen Jingye, reported open-market sales totaling 1,600 Class A ordinary shares on April 14–15, 2026. The trades, executed by a BVI entity controlled by him under a Rule 10b5-1 trading plan, were priced between $85.80 and $90.42 per share. After these transactions, he indirectly holds 224,800 shares and directly holds 9,075,774 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,600 shares ($141,217)
Net Sell
11 txns
Insider
Chen Jingye
Role
CPO, Shopee
Sold
1,600 shs ($141K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 59 | $86.28 | $5K |
| Sale | Class A ordinary shares | 99 | $87.72 | $9K |
| Sale | Class A ordinary shares | 189 | $88.09 | $17K |
| Sale | Class A ordinary shares | 298 | $89.50 | $27K |
| Sale | Class A ordinary shares | 155 | $90.42 | $14K |
| Sale | Class A ordinary shares | 320 | $85.80 | $27K |
| Sale | Class A ordinary shares | 39 | $87.25 | $3K |
| Sale | Class A ordinary shares | 149 | $88.42 | $13K |
| Sale | Class A ordinary shares | 241 | $89.17 | $21K |
| Sale | Class A ordinary shares | 51 | $89.87 | $5K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 225,541 shares (Indirect, By BVI entity);
Class A ordinary shares — 9,075,774 shares (Direct)
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 August 28, 2025. Represents the weighted average price of shares sold at prices that ranged from $85.68 to $85.87. 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 $86.94 to $87.57. Represents the weighted average price of shares sold at prices that ranged from $87.69 to $88.675. Represents the weighted average price of shares sold at prices that ranged from $88.68 to $89.67. Represents the weighted average price of shares sold at prices that ranged from $89.68 to $90.14. Represents the weighted average price of shares sold at prices that ranged from $85.91 to $86.76. Represents the weighted average price of shares sold at prices that ranged from $86.92 to $87.90. Represents the weighted average price of shares sold at prices that ranged from $87.92 to $88.77. Represents the weighted average price of shares sold at prices that ranged from $89.11 to $89.90. Represents the weighted average price of shares sold at prices that ranged from $89.91 to $90.81.
Key Figures
Shares sold: 1,600 shares
Sale price range: $85.80–$90.42 per share
Indirect holdings after trades: 224,800 shares
+3 more
6 metrics
Shares sold
1,600 shares
Total Class A ordinary shares sold on April 14–15, 2026
Sale price range
$85.80–$90.42 per share
Explicit transaction prices across reported trades
Indirect holdings after trades
224,800 shares
Class A ordinary shares held indirectly by BVI entity after sales
Direct holdings after trades
9,075,774 shares
Class A ordinary shares held directly after reported transactions
April 15 largest lot
298 shares at $89.50
Single largest transaction lot on April 15, 2026
April 14 largest lot
320 shares at $85.80
Single largest transaction lot on April 14, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan financial
"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.
weighted average price financial
"Represents the weighted average price of shares sold at prices that ranged from $85.68 to $85.87"
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.
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.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By BVI entity""
FAQ
Are Chen Jingye’s Sea (SE) sales direct or through another entity?
The reported 1,600-share sales were made indirectly by a BVI entity noted as controlled by Chen Jingye. The Form 4 classifies these as indirect ownership, while a separate holding entry lists his larger direct ownership position in Sea’s Class A shares.