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Sea Ltd: Yanjun Wang's entity sells 2,000 shares

Yanjun Wang, Sea Ltd’s CCO and GC, reported that a BVI entity he controls sold 2,000 Class A ordinary shares on October 15 and 16, 2026, under a Rule 10b5-1 trading plan adopted by the entity on March 26, 2026.

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Form Type
4

Rhea-AI Filing Summary

Yanjun Wang, Sea Ltd’s CCO and GC, reported that a BVI entity he controls sold 2,000 Class A ordinary shares on October 15 and 16, 2026, under a Rule 10b5-1 trading plan adopted by the entity on March 26, 2026. A separate direct-holding entry dated October 15, 2026 lists 1,033,642 Class A ordinary shares.

Insider Wang Yanjun
Role CCO and GC
Sold 2,000 shs ($192K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F5 411 $94.12 $39K
Sale Class A ordinary shares F1, F6 134 $95.24 $13K
Sale Class A ordinary shares F1, F7 268 $96.09 $26K
Sale Class A ordinary shares F1, F8 133 $97.04 $13K
Sale Class A ordinary shares F1, F9 32 $98.24 $3K
Sale Class A ordinary shares F1, F10 22 $99.20 $2K
Sale Class A ordinary shares F1, F2 152 $95.87 $15K
Sale Class A ordinary shares F1, F3 613 $96.83 $59K
Sale Class A ordinary shares F1, F4 235 $97.62 $23K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 77,780 shares (Indirect, By BVI entity); Class A ordinary shares — 1,033,642 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 March 26, 2026.
  2. F2. Represents the weighted average price of shares sold at prices that ranged from $95.32 to $96.31. 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 $96.35 to $97.317.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $97.32 to $97.87.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $93.64 to $94.63.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $94.65 to $95.63.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $95.67 to $96.62.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $96.73 to $97.53.
  9. F9. Represents the weighted average price of shares sold at prices that ranged from $97.65 to $98.58.
  10. F10. Represents the weighted average price of shares sold at prices that ranged from $98.83 to $99.34.
Class A ordinary shares sold 2,000 shares Nine reported sale transactions on October 15 and 16, 2026
Sale tranche 152 shares at a weighted-average price of $95.8700 per share October 15, 2026; prices ranged from $95.32 to $96.31
Sale tranche 613 shares at a weighted-average price of $96.8300 per share October 15, 2026; prices ranged from $96.35 to $97.317
Sale tranche 411 shares at a weighted-average price of $94.1200 per share October 16, 2026; prices ranged from $93.64 to $94.63
Direct Class A ordinary shares 1,033,642 shares Separate holding entry dated October 15, 2026
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan"
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"
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 technical
"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.

FAQ

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

How many SE shares did Yanjun Wang’s controlled entity sell?

A BVI entity controlled by Yanjun Wang sold 2,000 Class A ordinary shares on October 15 and 16, 2026. The sales were made under a Rule 10b5-1 trading plan adopted by the entity on March 26, 2026.

What prices were reported for the SE share sales?

The reported weighted-average prices were: on October 15, 2026, 152 shares at $95.8700, 613 at $96.8300, and 235 at $97.6200; on October 16, 2026, 411 shares at $94.1200, 134 at $95.2400, 268 at $96.0900, 133 at $97.0400, 32 at $98.2400, and 22 at $99.2000.

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

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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*
Wang Yanjun

(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)
CCO and GC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
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 shares10/15/2026S152(1)D$95.87(2)79,628IBy BVI entity
Class A ordinary shares10/15/2026S613(1)D$96.83(3)79,015IBy BVI entity
Class A ordinary shares10/15/2026S235(1)D$97.62(4)78,780IBy BVI entity
Class A ordinary shares10/16/2026S411(1)D$94.12(5)78,369IBy BVI entity
Class A ordinary shares10/16/2026S134(1)D$95.24(6)78,235IBy BVI entity
Class A ordinary shares10/16/2026S268(1)D$96.09(7)77,967IBy BVI entity
Class A ordinary shares10/16/2026S133(1)D$97.04(8)77,834IBy BVI entity
Class A ordinary shares10/16/2026S32(1)D$98.24(9)77,802IBy BVI entity
Class A ordinary shares10/16/2026S22(1)D$99.2(10)77,780IBy BVI entity
Class A ordinary shares1,033,642D
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 March 26, 2026.
2. Represents the weighted average price of shares sold at prices that ranged from $95.32 to $96.31. 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 $96.35 to $97.317.
4. Represents the weighted average price of shares sold at prices that ranged from $97.32 to $97.87.
5. Represents the weighted average price of shares sold at prices that ranged from $93.64 to $94.63.
6. Represents the weighted average price of shares sold at prices that ranged from $94.65 to $95.63.
7. Represents the weighted average price of shares sold at prices that ranged from $95.67 to $96.62.
8. Represents the weighted average price of shares sold at prices that ranged from $96.73 to $97.53.
9. Represents the weighted average price of shares sold at prices that ranged from $97.65 to $98.58.
10. Represents the weighted average price of shares sold at prices that ranged from $98.83 to $99.34.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang10/19/2026
** 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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