Sea Ltd (SE) COO's 40K-share 10b5-1 sale via BVI entity

Rhea-AI Filing Summary

Sea Ltd COO and director Ye Gang, through a BVI entity he controls, sold a total of 40,000 Class A ordinary shares on August 3-4, 2026 in open-market or private transactions at weighted-average prices between $107.66 and $112.46 per share under a Rule 10b5-1 trading plan adopted on September 4, 2025. He also reports direct ownership of 21,176,405 Class A ordinary shares as of August 3, 2026.

Insider Trade Summary 10b5-1

Net Seller: 40,000 shares

Net Sell 7 txns

Insider Ye Gang

Role COO

Sold 40,000 shs ($4.43M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares F1, F6	7,538	$111.23	$838K
Sale	Class A ordinary shares F1, F7	12,462	$111.89	$1.39M
Sale	Class A ordinary shares F1, F2	3,800	$108.28	$411K
Sale	Class A ordinary shares F1, F3	4,400	$109.18	$480K
Sale	Class A ordinary shares F1, F4	9,852	$110.16	$1.09M
Sale	Class A ordinary shares F1, F5	1,948	$110.81	$216K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 540,000 shares (Indirect, By BVI entity); Class A ordinary shares — 21,176,405 shares (Direct)

Footnotes (7)

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 September 4, 2025.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $107.66 to $108.65. 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 $108.66 to $109.58.
4. F4. Represents the weighted average price of shares sold at prices that ranged from $109.73 to $110.63.
5. F5. Represents the weighted average price of shares sold at prices that ranged from $110.68 to $111.01.
6. F6. Represents the weighted average price of shares sold at prices that ranged from $110.55 to $111.545.
7. F7. Represents the weighted average price of shares sold at prices that ranged from $111.55 to $112.46.

Key Figures

Total shares sold: 40,000 Class A ordinary shares Sale price range: $107.66–$112.46 per share Direct Class A holdings: 21,176,405 Class A ordinary shares +2 more

5 metrics

Total shares sold 40,000 Class A ordinary shares Aggregate indirect sales by BVI entity on August 3-4, 2026

Sale price range $107.66–$112.46 per share Weighted average price ranges disclosed for the reported sales

Direct Class A holdings 21,176,405 Class A ordinary shares Directly owned as of August 3, 2026

Largest single reported sale 12,462 Class A ordinary shares at $111.89 per share Indirect sale on August 4, 2026 by BVI entity

Notable sale tranche 9,852 Class A ordinary shares at $110.16 per share Indirect sale on August 3, 2026 by BVI entity

Key Terms

Rule 10b5-1 trading plan, BVI entity, weighted average price, Class A ordinary shares

4 terms

Rule 10b5-1 trading plan regulatory

"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.

BVI entity technical

"adopted by a BVI entity controlled by the Reporting Person"

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.

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 06:05 AM Accepted by SEC EDGAR 08/05/2026 - 06:04 AM Learn about SEC filing dates

FAQ

What insider share sales did Sea Ltd (SE) report for COO Ye Gang?

Sea Ltd reports that COO and director Ye Gang, via a BVI entity he controls, sold 40,000 Class A ordinary shares on August 3-4, 2026 in open-market or private transactions at weighted-average prices between $107.66 and $112.46 per share under a Rule 10b5-1 plan.

Over what dates and price ranges were Sea Ltd (SE) shares sold in this filing?

The reported sales occurred on August 3 and 4, 2026. Weighted-average prices for the tranches ranged from $107.66 to $112.46 per share across multiple trades, reflecting several indirect open-market or private transactions by the BVI entity controlled by Ye Gang.

Were Ye Gang's Sea Ltd (SE) share sales executed under a Rule 10b5-1 plan?

Yes. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on September 4, 2025. This indicates the trades followed a pre-arranged schedule rather than being discretionary at the time of execution.

How many Sea Ltd (SE) shares does Ye Gang directly own according to this report?

Ye Gang reports direct ownership of 21,176,405 Class A ordinary shares as of August 3, 2026. The 40,000 shares sold were held indirectly and transacted by a separate BVI entity, so these direct holdings are reported in addition to the indirect activity.

How are Ye Gang's indirect Sea Ltd (SE) holdings structured in this disclosure?

The reported sales involve indirect ownership, marked as held "By BVI entity." A BVI entity controlled by Ye Gang adopted the Rule 10b5-1 plan and executed the trades, while his direct ownership of 21,176,405 Class A ordinary shares is reported separately.

SEC Form 4

FORM 4

UNITED 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^*

Ye Gang

(Last) (First) (Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE 138522

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	08/03/2026		S		3,800(1)	D	$108.28(2)	576,200	I	By BVI entity
Class A ordinary shares	08/03/2026		S		4,400(1)	D	$109.18(3)	571,800	I	By BVI entity
Class A ordinary shares	08/03/2026		S		9,852(1)	D	$110.16(4)	561,948	I	By BVI entity
Class A ordinary shares	08/03/2026		S		1,948(1)	D	$110.81(5)	560,000	I	By BVI entity
Class A ordinary shares	08/04/2026		S		7,538(1)	D	$111.23(6)	552,462	I	By BVI entity
Class A ordinary shares	08/04/2026		S		12,462(1)	D	$111.89(7)	540,000	I	By BVI entity
Class A ordinary shares								21,176,405	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $107.66 to $108.65. 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 $108.66 to $109.58.

4. Represents the weighted average price of shares sold at prices that ranged from $109.73 to $110.63.

5. Represents the weighted average price of shares sold at prices that ranged from $110.68 to $111.01.

6. Represents the weighted average price of shares sold at prices that ranged from $110.55 to $111.545.

7. Represents the weighted average price of shares sold at prices that ranged from $111.55 to $112.46.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	08/05/2026
	** Signature of Reporting Person	Date
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)