[Form 4] Sea Ltd Insider Trading Activity

Rhea-AI Filing Summary

Sea Ltd director and COO Ye Gang reported open-market sales of Class A ordinary shares by a BVI entity he controls. Over 40,000 shares were sold on July 8–9, 2026 at prices around $101.84–$109.43, under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, he holds 21,636,405 shares directly and 440,000 shares indirectly through the BVI entity.

Insights

Insider trading analyst

COO executed pre-planned sales, retaining a large remaining stake.

Ye Gang, director and COO of Sea Ltd, reported open-market sales totaling 40,000 Class A shares over July 8–9, 2026. Sale prices ranged from about $101.84 to $109.43 per share, with each line reflecting weighted average prices for trades within disclosed ranges.

The trades were made under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by him, which indicates they were pre-scheduled rather than opportunistic. After these sales, he still holds 21,636,405 shares directly and 440,000 shares indirectly, so the disposition represents a small portion of his reported holdings.

Insider Trade Summary 10b5-1

Net Seller: 40,000 shares ($4,222,416)

Net Sell 11 txns

Insider Ye Gang

Role COO

Sold 40,000 shs ($4.22M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	800	$105.66	$85K
Sale	Class A ordinary shares	1,100	$106.72	$117K
Sale	Class A ordinary shares	9,900	$107.83	$1.07M
Sale	Class A ordinary shares	6,810	$108.79	$741K
Sale	Class A ordinary shares	1,390	$109.43	$152K
Sale	Class A ordinary shares	8,000	$101.84	$815K
Sale	Class A ordinary shares	6,600	$102.77	$678K
Sale	Class A ordinary shares	500	$103.74	$52K
Sale	Class A ordinary shares	3,818	$105.02	$401K
Sale	Class A ordinary shares	1,082	$105.52	$114K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 459,200 shares (Indirect, By BVI entity); Class A ordinary shares — 21,636,405 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 September 4, 2025. Represents the weighted average price of shares sold at prices that ranged from $101.39 to $102.38. 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 $102.41 to $103.31. Represents the weighted average price of shares sold at prices that ranged from $103.48 to $104.08. Represents the weighted average price of shares sold at prices that ranged from $104.50 to $105.36. Represents the weighted average price of shares sold at prices that ranged from $105.40 to $105.76. Represents the weighted average price of shares sold at prices that ranged from $105.28 to $106.03. Represents the weighted average price of shares sold at prices that ranged from $106.30 to $107.18. Represents the weighted average price of shares sold at prices that ranged from $107.28 to $108.27. Represents the weighted average price of shares sold at prices that ranged from $108.33 to $109.15. Represents the weighted average price of shares sold at prices that ranged from $109.29 to $109.50.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 06:32 AM Accepted by SEC EDGAR 07/10/2026 - 06:32 AM Learn about SEC filing dates

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)
07/08/2026

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	07/08/2026		S		8,000(1)	D	$101.84(2)	472,000	I	By BVI entity
Class A ordinary shares	07/08/2026		S		6,600(1)	D	$102.77(3)	465,400	I	By BVI entity
Class A ordinary shares	07/08/2026		S		500(1)	D	$103.74(4)	464,900	I	By BVI entity
Class A ordinary shares	07/08/2026		S		3,818(1)	D	$105.02(5)	461,082	I	By BVI entity
Class A ordinary shares	07/08/2026		S		1,082(1)	D	$105.52(6)	460,000	I	By BVI entity
Class A ordinary shares	07/09/2026		S		800(1)	D	$105.66(7)	459,200	I	By BVI entity
Class A ordinary shares	07/09/2026		S		1,100(1)	D	$106.72(8)	458,100	I	By BVI entity
Class A ordinary shares	07/09/2026		S		9,900(1)	D	$107.83(9)	448,200	I	By BVI entity
Class A ordinary shares	07/09/2026		S		6,810(1)	D	$108.79(10)	441,390	I	By BVI entity
Class A ordinary shares	07/09/2026		S		1,390(1)	D	$109.43(11)	440,000	I	By BVI entity
Class A ordinary shares								21,636,405	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 $101.39 to $102.38. 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 $102.41 to $103.31.

4. Represents the weighted average price of shares sold at prices that ranged from $103.48 to $104.08.

5. Represents the weighted average price of shares sold at prices that ranged from $104.50 to $105.36.

6. Represents the weighted average price of shares sold at prices that ranged from $105.40 to $105.76.

7. Represents the weighted average price of shares sold at prices that ranged from $105.28 to $106.03.

8. Represents the weighted average price of shares sold at prices that ranged from $106.30 to $107.18.

9. Represents the weighted average price of shares sold at prices that ranged from $107.28 to $108.27.

10. Represents the weighted average price of shares sold at prices that ranged from $108.33 to $109.15.

11. Represents the weighted average price of shares sold at prices that ranged from $109.29 to $109.50.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	07/10/2026
	** 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)