Sea Ltd (NYSE: SE) CPO-linked entity sells 1,600 shares under plan

Q: What insider transaction did Sea Ltd (SE) report for Chen Jingye?

Sea Ltd reported that a BVI entity controlled by executive Chen Jingye sold 1,600 Class A ordinary shares . These were open-market sales executed over two days as disclosed in a Form 4 filing.

Q: Over what dates were the Sea Ltd (SE) shares sold in this Form 4?

The disclosed sales occurred on May 4 and May 5, 2026 . Multiple small open-market transactions were executed on each date, all involving Class A ordinary shares of Sea Ltd held indirectly through a BVI entity.

Q: At what prices were the Sea Ltd (SE) shares sold in the reported transactions?

The shares were sold at weighted average prices in the mid-$80s per share . Footnotes state ranges from $83.52 to $87.29 , with the reporting person offering to provide detailed price breakdowns upon request.

Q: Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote explains the sales were made under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Chen Jingye. Such pre-arranged plans automate trades and reduce the significance of the exact timing.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

A BVI entity controlled by Sea Ltd executive Chen Jingye completed open-market sales of 1,600 Class A ordinary shares under a pre-arranged Rule 10b5-1 trading plan. The shares were sold on May 4–5, 2026 at weighted average prices in the mid‑$80 range.

Following these transactions, Chen continues to hold 9,075,774 Class A ordinary shares directly, indicating that the sales represent a small portion of his overall position.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares ($136,339)

Net Sell 7 txns

Insider Chen Jingye

Role CPO, Shopee

Sold 1,600 shs ($136K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	363	$84.17	$31K
Sale	Class A ordinary shares	343	$84.92	$29K
Sale	Class A ordinary shares	94	$85.70	$8K
Sale	Class A ordinary shares	227	$85.08	$19K
Sale	Class A ordinary shares	524	$85.93	$45K
Sale	Class A ordinary shares	49	$86.97	$4K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 214,037 shares (Indirect, By BVI entity); Class A ordinary shares — 9,075,774 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 August 28, 2025. Represents the weighted average price of shares sold at prices that ranged from $84.49 to $85.48. 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 $85.49 to $86.46. Represents the weighted average price of shares sold at prices that ranged from $86.50 to $87.29. Represents the weighted average price of shares sold at prices that ranged from $83.52 to $84.50. Represents the weighted average price of shares sold at prices that ranged from $84.52 to $85.50. Represents the weighted average price of shares sold at prices that ranged from $85.53 to $86.00.

Key Figures

Shares sold: 1,600 shares Sale price range: $83.52–$87.29 per share Direct holdings after trades: 9,075,774 shares +3 more

6 metrics

Shares sold 1,600 shares Total net shares sold across May 4–5, 2026

Sale price range $83.52–$87.29 per share Weighted average price ranges from footnotes F2–F7

Direct holdings after trades 9,075,774 shares Class A ordinary shares held directly as of May 4, 2026

Single-lot sale price $86.97 per share Open-market sale of 49 shares on May 4, 2026

Single-lot sale price $85.93 per share Open-market sale of 524 shares on May 4, 2026

Single-lot sale price $85.70 per share Open-market sale of 94 shares on May 5, 2026

Key Terms

Class A ordinary shares, Rule 10b5-1 trading plan, weighted average price, open-market sale, +1 more

5 terms

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.

Rule 10b5-1 trading plan regulatory

"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted"

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"

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.

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.

BVI entity financial

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

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 06:01 AM

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).

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)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CPO, Shopee

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	05/04/2026		S		227⁽¹⁾	D	$85.08⁽²⁾	214,973	I	By BVI entity
Class A ordinary shares	05/04/2026		S		524⁽¹⁾	D	$85.93⁽³⁾	214,449	I	By BVI entity
Class A ordinary shares	05/04/2026		S		49⁽¹⁾	D	$86.97⁽⁴⁾	214,400	I	By BVI entity
Class A ordinary shares	05/05/2026		S		363⁽¹⁾	D	$84.17⁽⁵⁾	214,037	I	By BVI entity
Class A ordinary shares	05/05/2026		S		343⁽¹⁾	D	$84.92⁽⁶⁾	213,694	I	By BVI entity
Class A ordinary shares	05/05/2026		S		94⁽¹⁾	D	$85.7⁽⁷⁾	213,600	I	By BVI entity
Class A ordinary shares								9,075,774	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $84.49 to $85.48. 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 $85.49 to $86.46.

4. Represents the weighted average price of shares sold at prices that ranged from $86.50 to $87.29.

5. Represents the weighted average price of shares sold at prices that ranged from $83.52 to $84.50.

6. Represents the weighted average price of shares sold at prices that ranged from $84.52 to $85.50.

7. Represents the weighted average price of shares sold at prices that ranged from $85.53 to $86.00.

	/s/ Mark Tang, attorney-in-fact for Jingye Chen	05/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sea Ltd (SE) report for Chen Jingye?

Sea Ltd reported that a BVI entity controlled by executive Chen Jingye sold 1,600 Class A ordinary shares. These were open-market sales executed over two days as disclosed in a Form 4 filing.

Over what dates were the Sea Ltd (SE) shares sold in this Form 4?

The disclosed sales occurred on May 4 and May 5, 2026. Multiple small open-market transactions were executed on each date, all involving Class A ordinary shares of Sea Ltd held indirectly through a BVI entity.

At what prices were the Sea Ltd (SE) shares sold in the reported transactions?

The shares were sold at weighted average prices in the mid-$80s per share. Footnotes state ranges from $83.52 to $87.29, with the reporting person offering to provide detailed price breakdowns upon request.

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

After the reported transactions, Chen Jingye continues to hold 9,075,774 Class A ordinary shares directly. He also has additional indirect holdings through a BVI entity, so the 1,600 shares sold represent a small fraction of his total exposure.

Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote explains the sales were made under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Chen Jingye. Such pre-arranged plans automate trades and reduce the significance of the exact timing.