Sea Ltd (NYSE: SE) COO-linked plan sells 20,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sea Ltd director and COO Ye Gang reported indirect stock sales through a BVI entity he controls. The BVI entity sold a total of 20,000 Class A ordinary shares of Sea Ltd in open-market transactions on June 12, 2026 and June 15, 2026, at prices generally in the mid‑$80s per share, under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025. Following these sales, the filing shows Ye Gang with 22,206,405 Class A ordinary shares held directly as of June 12, 2026 and 90,000 Class A ordinary shares held indirectly through the BVI entity after the last reported sale.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($1,710,219)
Net Sell
8 txns
Insider
Ye Gang
Role
COO
Sold
20,000 shs ($1.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 685 | $85.97 | $59K |
| Sale | Class A ordinary shares | 6,845 | $87.20 | $597K |
| Sale | Class A ordinary shares | 2,470 | $87.80 | $217K |
| Sale | Class A ordinary shares | 8,800 | $83.61 | $736K |
| Sale | Class A ordinary shares | 800 | $84.53 | $68K |
| Sale | Class A ordinary shares | 300 | $85.22 | $26K |
| Sale | Class A ordinary shares | 100 | $86.22 | $9K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 99,315 shares (Indirect, By BVI entity);
Class A ordinary shares — 22,206,405 shares (Direct, null)
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 September 4, 2025. Represents the weighted average price of shares sold at prices that ranged from $83.18 to $84.15. 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 $84.23 to $84.78. Represents the weighted average price of shares sold at prices that ranged from $85.19 to $85.23. Represents the weighted average price of shares sold at prices that ranged from $85.54 to $86.50. Represents the weighted average price of shares sold at prices that ranged from $86.59 to $87.53. Represents the weighted average price of shares sold at prices that ranged from $87.54 to $88.18.
Key Figures
Shares sold: 20,000 shares
Sale price example: $87.80 per share
Sale price example: $83.61 per share
+3 more
6 metrics
Shares sold
20,000 shares
Total Class A ordinary shares sold in June 2026 transactions
Sale price example
$87.80 per share
Class A ordinary shares open-market sale on June 15, 2026
Sale price example
$83.61 per share
Class A ordinary shares open-market sale on June 12, 2026
Direct holdings
22,206,405 shares
Class A ordinary shares held directly as of June 12, 2026
Indirect holdings
90,000 shares
Class A ordinary shares held indirectly via BVI entity after June 15, 2026
Net share change
20,000 shares
Net-sell shares according to transaction summary
Key Terms
Rule 10b5-1 trading plan, Class A ordinary shares, open-market sale, BVI entity
4 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.
open-market sale financial
"transaction_action: open-market sale for the non-derivative transactions"
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.
BVI entity financial
"nature_of_ownership: By BVI entity and footnote referencing a BVI entity controlled by the Reporting Person"
FAQ
What type of transactions are reported in Ye Gang's Sea Ltd (SE) Form 4?
The filing shows non-derivative open-market sales of Class A ordinary shares, coded as "S" transactions. There are no option exercises or derivative conversions reported, and the derivative position summary is empty in this Form 4.