Sea Ltd (NYSE: SE) insider sale leaves 1,132,842 shares
Rhea-AI Filing Summary
Sea Ltd (SE) reported that its CCO and GC, Wang Yanjun, through a BVI entity he controls, sold an aggregate of 3,000 Class A ordinary shares in open-market or private transactions on August 17–18, 2026, pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026.
The sales were executed in multiple tranches, including 1,248 shares at a weighted average price of $119.74, with individual prices between $119.16 and $120.15. Following these transactions, Wang directly held 1,132,842 Class A ordinary shares of Sea Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares
Net Sell
8 txns
Insider
Wang Yanjun
Role
CCO and GC
Sold
3,000 shs ($355K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F5 | 177 | $115.46 | $20K |
| Sale | Class A ordinary shares F1, F6 | 980 | $116.59 | $114K |
| Sale | Class A ordinary shares F1, F7 | 290 | $117.27 | $34K |
| Sale | Class A ordinary shares F1, F8 | 53 | $118.20 | $6K |
| Sale | Class A ordinary shares F1, F2 | 1,248 | $119.74 | $149K |
| Sale | Class A ordinary shares F1, F3 | 241 | $120.52 | $29K |
| Sale | Class A ordinary shares F1, F4 | 11 | $121.21 | $1K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 30,600 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,132,842 shares (Direct)
Footnotes (8)
- 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.
- F2. Represents the weighted average price of shares sold at prices that ranged from $119.16 to $120.15. 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.
- F3. Represents the weighted average price of shares sold at prices that ranged from $120.16 to $121.05.
- F4. Represents the weighted average price of shares sold at prices that ranged from $121.19 to $121.24.
- F5. Represents the weighted average price of shares sold at prices that ranged from $114.98 to $115.89.
- F6. Represents the weighted average price of shares sold at prices that ranged from $115.98 to $116.97.
- F7. Represents the weighted average price of shares sold at prices that ranged from $116.98 to $117.96.
- F8. Represents the weighted average price of shares sold at prices that ranged from $118.00 to $118.34.
Key Figures
Shares sold: 3,000 Class A ordinary shares
Weighted average sale price (1,248-share tranche): $119.74 per share
Sale tranche: 980 shares at $116.59 per share
+3 more
6 metrics
Shares sold
3,000 Class A ordinary shares
Aggregate of seven indirect sales on 2026-08-17 and 2026-08-18
Weighted average sale price (1,248-share tranche)
$119.74 per share
1,248 shares sold at weighted average price; individual prices $119.16–$120.15
Sale tranche
980 shares at $116.59 per share
Indirect sale on 2026-08-18 by BVI entity
Sale tranche
1,248 shares at $119.74 per share
Indirect sale on 2026-08-17 by BVI entity
Direct holdings after transaction
1,132,842 Class A ordinary shares
Directly held by Wang Yanjun as of 2026-08-17
Rule 10b5-1 plan adoption date
March 26, 2026
Adoption date of trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, BVI entity
4 terms
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.
BVI entity regulatory
"The shares were sold pursuant to a ... plan adopted by a BVI entity..."
FAQ
What insider transaction did Sea Ltd (SE) disclose in this Form 4?
Sea Ltd disclosed that officer Wang Yanjun, through a controlled BVI entity, sold 3,000 Class A ordinary shares in a series of open-market or private transactions on August 17–18, 2026 under a pre-arranged trading plan.
Was the Sea Ltd (SE) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on March 26, 2026, and the plan status box is affirmed.
Are the Sea Ltd (SE) insider sales direct or indirect holdings of Wang Yanjun?
The 3,000 shares sold were reported as indirectly owned, held "By BVI entity" controlled by Wang Yanjun. The filing also reports 1,132,842 shares as directly held by him after the transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.