Sea CCO Wang Yanjun sells 800 shares

Sea Ltd chief commercial officer and general counsel Wang Yanjun, through a BVI entity, sold a total of 800 Class A ordinary shares on April 2, 2026 in open-market transactions.

Rhea-AI Filing Summary

Sea Ltd chief commercial officer and general counsel Wang Yanjun, through a BVI entity, sold a total of 800 Class A ordinary shares on April 2, 2026 in open-market transactions. The reported sale prices ranged from about $79.75 to $82.31 per share. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by the BVI entity on September 4, 2025. Following the transactions, the BVI entity held 28,400 Class A ordinary shares indirectly, while Wang also reported 1,222,842 Class A ordinary shares held directly.

Insider Trade Summary 10b5-1

Net Seller: 800 shares

Net Sell 5 txns

Insider Wang Yanjun

Role CCO and GC

Sold 800 shs ($65K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	95	$79.75	$8K
Sale	Class A ordinary shares	100	$80.60	$8K
Sale	Class A ordinary shares	602	$81.72	$49K
Sale	Class A ordinary shares	3	$82.31	$246.93
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 28,400 shares (Indirect, By BVI entity); Class A ordinary shares — 1,222,842 shares (Direct)

Footnotes (4)

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 September 4, 2025.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $79.23 to $80.22. 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 $80.23 to $81.21.
4. F4. Represents the weighted average price of shares sold at prices that ranged from $81.23 to $82.16.

Key Figures

Shares sold: 800 shares Sale price example: $79.75 per share Highest reported sale price: $82.31 per share +4 more

7 metrics

Shares sold 800 shares Class A ordinary shares sold on April 2, 2026

Sale price example $79.75 per share Open-market sale price for 95 shares

Highest reported sale price $82.31 per share Open-market sale price for 3 shares

Indirect holdings after trades 28,400 shares Class A ordinary shares held by BVI entity after sales

Direct holdings 1,222,842 shares Class A ordinary shares held directly after reported date

Rule 10b5-1 plan adoption date September 4, 2025 Date BVI entity’s trading plan was adopted

Net share change 800 shares Net-sell shares in this Form 4

Key Terms

Rule 10b5-1 trading plan, Class A ordinary shares, weighted average price, BVI entity, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

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

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.

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.

weighted average price financial

"Represents the weighted average price of shares sold at prices that ranged from"

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 financial

"a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person"

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.

FAQ

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

What insider transaction did Sea Ltd (SE) report for Wang Yanjun?

Sea Ltd reported that CCO and GC Wang Yanjun, via a BVI entity, sold 800 Class A ordinary shares in open-market trades. These transactions occurred on April 2, 2026 at prices in the high-$70s to low-$80s per share.

At what prices were the Sea Ltd (SE) shares sold in this Form 4?

The reported sales of Sea Ltd Class A ordinary shares occurred at prices ranging from about $79.75 to $82.31 per share. The filing also discloses several weighted average prices calculated over narrower intraday ranges.

How many Sea Ltd (SE) shares does Wang Yanjun hold after the reported sales?

After the reported transactions, the BVI entity associated with Wang Yanjun held 28,400 Class A ordinary shares indirectly. The filing also shows 1,222,842 Class A ordinary shares reported as held directly by Wang, indicating a substantial remaining position.

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

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on September 4, 2025. Such plans pre-schedule trades and are often used for routine diversification.

Who actually executed the Sea Ltd (SE) share sales disclosed for Wang Yanjun?

The sales involved Sea Ltd Class A ordinary shares held indirectly "By BVI entity" associated with Wang Yanjun. The BVI entity adopted the Rule 10b5-1 plan and executed the open-market transactions, with Wang as the reporting person.

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

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Accepted by SEC EDGAR 04/06/2026 - 06:02 AM EDT 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^*

Wang Yanjun

(Last) (First) (Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE 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)
	CCO and GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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	04/02/2026		S		95(1)	D	$79.75(2)	29,105	I	By BVI entity
Class A ordinary shares	04/02/2026		S		100(1)	D	$80.6(3)	29,005	I	By BVI entity
Class A ordinary shares	04/02/2026		S		602(1)	D	$81.72(4)	28,403	I	By BVI entity
Class A ordinary shares	04/02/2026		S		3(1)	D	$82.31	28,400	I	By BVI entity
Class A ordinary shares								1,222,842	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 $79.23 to $80.22. 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 $80.23 to $81.21.

4. Represents the weighted average price of shares sold at prices that ranged from $81.23 to $82.16.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	04/06/2026
	** 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)