STOCK TITAN

Sea Ltd (NYSE: SE) executive share sale under Rule 10b5-1 trading plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd reported that a BVI entity controlled by CCO and GC Wang Yanjun sold a total of 3,000 Class A ordinary shares on August 5–6, 2026, in transactions described as sales in open market or private transactions at weighted average prices ranging from $110.64 to $114.84 per share, pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026. Following these transactions, Wang directly holds 1,162,442 Class A ordinary shares.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 3,000 shs ($337K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F6 1,066 $111.24 $119K
Sale Class A ordinary shares F1, F7 434 $111.86 $49K
Sale Class A ordinary shares F1, F2 369 $111.95 $41K
Sale Class A ordinary shares F1, F3 638 $113.34 $72K
Sale Class A ordinary shares F1, F4 466 $114.13 $53K
Sale Class A ordinary shares F1, F5 27 $114.75 $3K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 13,000 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 shares (Direct)
Footnotes (7)
  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 $111.71 to $112.70. 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 $112.73 to $113.70.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $113.72 to $114.707.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $114.71 to $114.84.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $110.64 to $111.636.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $111.64 to $112.51.
Shares sold 3,000 Class A ordinary shares Aggregate insider sales on August 5–6, 2026 by BVI entity
Lowest sale price $110.64 per share Lower end of weighted average price range in footnote F6
Highest sale price $114.84 per share Upper end of weighted average price range in footnote F5
Direct holdings after transactions 1,162,442 Class A ordinary shares Shares held directly by Wang Yanjun as of August 5, 2026
Rule 10b5-1 plan adoption date March 26, 2026 Adoption date of trading plan by BVI entity controlled by Wang
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 financial
"adopted by a BVI entity controlled by the Reporting Person"
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By BVI entity""

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider share sales did Sea Ltd (SE) disclose for Wang Yanjun?

Sea Ltd disclosed that a BVI entity controlled by CCO and GC Wang Yanjun sold 3,000 Class A ordinary shares on August 5–6, 2026, at weighted average prices between $110.64 and $114.84 per share, under a Rule 10b5-1 trading plan.

Were the recent Sea Ltd (SE) insider sales made under a Rule 10b5-1 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, indicating a pre-arranged trading schedule.

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

After the reported transactions, Wang Yanjun directly holds 1,162,442 Class A ordinary shares of Sea Ltd. The reported sales involved indirect holdings through a BVI entity, while this position reflects direct ownership.

What price range did the Sea Ltd (SE) insider sales occur in?

The reported sales occurred at weighted average prices ranging from $110.64 to $114.84 per share. Individual trades on August 5–6, 2026, fell within narrower ranges detailed in the footnotes of the Form 4 filing.

Were the Sea Ltd (SE) shares sold directly by Wang Yanjun or through an entity?

The sales were executed by a BVI entity controlled by Wang Yanjun, and reported as indirect ownership transactions. Separately, the filing shows Wang’s direct holding of 1,162,442 Class A ordinary shares after these transactions.
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)
08/05/2026
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 shares08/05/2026S369(1)D$111.95(2)15,631IBy BVI entity
Class A ordinary shares08/05/2026S638(1)D$113.34(3)14,993IBy BVI entity
Class A ordinary shares08/05/2026S466(1)D$114.13(4)14,527IBy BVI entity
Class A ordinary shares08/05/2026S27(1)D$114.75(5)14,500IBy BVI entity
Class A ordinary shares08/06/2026S1,066(1)D$111.24(6)13,434IBy BVI entity
Class A ordinary shares08/06/2026S434(1)D$111.86(7)13,000IBy BVI entity
Class A ordinary shares1,162,442D
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 $111.71 to $112.70. 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 $112.73 to $113.70.
4. Represents the weighted average price of shares sold at prices that ranged from $113.72 to $114.707.
5. Represents the weighted average price of shares sold at prices that ranged from $114.71 to $114.84.
6. Represents the weighted average price of shares sold at prices that ranged from $110.64 to $111.636.
7. Represents the weighted average price of shares sold at prices that ranged from $111.64 to $112.51.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang08/07/2026
** 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)