STOCK TITAN

Sea Ltd (NYSE: SE) CPO Chen Jingye sells 1,600 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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 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)
  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.
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
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.
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.
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""
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)
SINGAPORESINGAPORE138522

(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)
04/14/2026
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 shares04/14/2026S320(1)D$85.8(2)226,080IBy BVI entity
Class A ordinary shares04/14/2026S39(1)D$87.25(3)226,041IBy BVI entity
Class A ordinary shares04/14/2026S149(1)D$88.42(4)225,892IBy BVI entity
Class A ordinary shares04/14/2026S241(1)D$89.17(5)225,651IBy BVI entity
Class A ordinary shares04/14/2026S51(1)D$89.87(6)225,600IBy BVI entity
Class A ordinary shares04/15/2026S59(1)D$86.28(7)225,541IBy BVI entity
Class A ordinary shares04/15/2026S99(1)D$87.72(8)225,442IBy BVI entity
Class A ordinary shares04/15/2026S189(1)D$88.09(9)225,253IBy BVI entity
Class A ordinary shares04/15/2026S298(1)D$89.5(10)224,955IBy BVI entity
Class A ordinary shares04/15/2026S155(1)D$90.42(11)224,800IBy BVI entity
Class A ordinary shares9,075,774D
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 August 28, 2025.
2. 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.
3. Represents the weighted average price of shares sold at prices that ranged from $86.94 to $87.57.
4. Represents the weighted average price of shares sold at prices that ranged from $87.69 to $88.675.
5. Represents the weighted average price of shares sold at prices that ranged from $88.68 to $89.67.
6. Represents the weighted average price of shares sold at prices that ranged from $89.68 to $90.14.
7. Represents the weighted average price of shares sold at prices that ranged from $85.91 to $86.76.
8. Represents the weighted average price of shares sold at prices that ranged from $86.92 to $87.90.
9. Represents the weighted average price of shares sold at prices that ranged from $87.92 to $88.77.
10. Represents the weighted average price of shares sold at prices that ranged from $89.11 to $89.90.
11. Represents the weighted average price of shares sold at prices that ranged from $89.91 to $90.81.
/s/ Mark Tang, attorney-in-fact for Jingye Chen04/16/2026
** 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)

FAQ

How many Sea (SE) shares were sold in Chen Jingye’s latest Form 4?

Chen Jingye reported selling a total of 1,600 Class A ordinary shares of Sea Ltd. These sales were split across multiple small open-market transactions over two days, according to the Form 4’s transaction summary and detailed line items.

Over what dates did Chen Jingye’s reported Sea (SE) share sales occur?

The reported sales took place on April 14 and April 15, 2026. Each day included several small open-market trade lots, all involving Sea Ltd Class A ordinary shares held indirectly through a BVI entity associated with the executive.

At what prices did Chen Jingye’s Sea (SE) share sales occur?

The individual trades were executed at prices between $85.80 and $90.42 per share. Footnotes also describe weighted-average prices within narrower intraday ranges, reflecting multiple small executions inside those overall price bands.

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

After the reported sales, Chen Jingye’s filings show 224,800 shares held indirectly through a BVI entity and 9,075,774 shares held directly. These post-transaction balances are disclosed in the Form 4’s total shares following transaction fields.

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

Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by him. Such plans pre-schedule trades, indicating these sales were executed under a pre-arranged program rather than ad hoc decisions.

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.