STOCK TITAN

Sea Ltd (NYSE: SE) insider sale leaves 1,132,842 shares

(Moderate)
(Negative)
Form Type
4

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 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)
  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 $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.
  3. F3. Represents the weighted average price of shares sold at prices that ranged from $120.16 to $121.05.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $121.19 to $121.24.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $114.98 to $115.89.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $115.98 to $116.97.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $116.98 to $117.96.
  8. F8. Represents the weighted average price of shares sold at prices that ranged from $118.00 to $118.34.
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
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.
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.
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.

How many Sea Ltd (SE) shares did Wang Yanjun sell and over what dates?

Wang Yanjun’s controlled BVI entity sold a total of 3,000 Class A ordinary shares of Sea Ltd across seven transactions executed on August 17 and 18, 2026, as reported in the Form 4 filing.

At what prices were the Sea Ltd (SE) shares sold in this insider transaction?

The sales included tranches such as 1,248 shares at a weighted average price of $119.74, with individual trade prices between $119.16 and $120.15, and other tranches at weighted average prices like $116.59 and $115.46.

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.

How many Sea Ltd (SE) shares does Wang Yanjun hold after these transactions?

After the reported sales, Wang Yanjun directly held 1,132,842 Class A ordinary shares of Sea Ltd as of August 17, 2026. The Form 4 reports these as direct holdings, separate from the BVI entity’s indirect holdings.

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.

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Learn about SEC filing dates
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)
08/17/2026
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 shares08/17/2026S1,248(1)D$119.74(2)32,352IBy BVI entity
Class A ordinary shares08/17/2026S241(1)D$120.52(3)32,111IBy BVI entity
Class A ordinary shares08/17/2026S11(1)D$121.21(4)32,100IBy BVI entity
Class A ordinary shares08/18/2026S177(1)D$115.46(5)31,923IBy BVI entity
Class A ordinary shares08/18/2026S980(1)D$116.59(6)30,943IBy BVI entity
Class A ordinary shares08/18/2026S290(1)D$117.27(7)30,653IBy BVI entity
Class A ordinary shares08/18/2026S53(1)D$118.2(8)30,600IBy BVI entity
Class A ordinary shares1,132,842D
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 $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.
3. Represents the weighted average price of shares sold at prices that ranged from $120.16 to $121.05.
4. Represents the weighted average price of shares sold at prices that ranged from $121.19 to $121.24.
5. Represents the weighted average price of shares sold at prices that ranged from $114.98 to $115.89.
6. Represents the weighted average price of shares sold at prices that ranged from $115.98 to $116.97.
7. Represents the weighted average price of shares sold at prices that ranged from $116.98 to $117.96.
8. Represents the weighted average price of shares sold at prices that ranged from $118.00 to $118.34.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang08/19/2026
** 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)