Sea COO Ye Gang sells 40,000 shares under plan
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Form Type
4
Rhea-AI Filing Summary
Sea Ltd (SE) director and COO Ye Gang reported indirect sales of 40,000 Class A ordinary shares on September 9–10, 2026 through a BVI entity he controls, at weighted-average prices around $107.92–$111.39, under a Rule 10b5-1 trading plan adopted on September 4, 2025. He also reports 20,396,405 Class A shares held directly as of September 9, 2026.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
6 txns
Insider
Ye Gang
Role
COO
Sold
40,000 shs ($4.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F6 | 16,099 | $107.92 | $1.74M |
| Sale | Class A ordinary shares F1, F7 | 3,901 | $108.54 | $423K |
| Sale | Class A ordinary shares F1, F2 | 12,000 | $108.41 | $1.30M |
| Sale | Class A ordinary shares F1, F3 | 6,300 | $109.21 | $688K |
| Sale | Class A ordinary shares F1, F4 | 1,200 | $110.57 | $133K |
| Sale | Class A ordinary shares F1, F5 | 500 | $111.39 | $56K |
| Holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 718,792 shares (Indirect, By BVI entity);
Class A ordinary shares — 20,396,405 shares (Direct)
Footnotes (7)
- 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.
- F2. Represents the weighted average price of shares sold at prices that ranged from $107.86 to $108.83. 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 $108.86 to $109.69.
- F4. Represents the weighted average price of shares sold at prices that ranged from $110.15 to $110.78.
- F5. Represents the weighted average price of shares sold at prices that ranged from $110.99 to $111.83.
- F6. Represents the weighted average price of shares sold at prices that ranged from $107.35 to $108.34.
- F7. Represents the weighted average price of shares sold at prices that ranged from $108.35 to $108.75.
Key Figures
Total shares sold: 40,000 shares
Sale price 1: $107.92 per share
Sale price 2: $108.54 per share
+4 more
7 metrics
Total shares sold
40,000 shares
Class A ordinary shares sold indirectly on September 9–10, 2026
Sale price 1
$107.92 per share
16,099 Class A shares sold indirectly on September 10, 2026
Sale price 2
$108.54 per share
3,901 Class A shares sold indirectly on September 10, 2026
Sale price 3
$108.41 per share
12,000 Class A shares sold indirectly on September 9, 2026; weighted average with prices from $107.86 to $108.83
Sale price 4
$109.21 per share
6,300 Class A shares sold indirectly on September 9, 2026; weighted average with prices from $108.86 to $109.69
Direct holdings after transaction
20,396,405 shares
Class A ordinary shares held directly by Ye Gang as of September 9, 2026
Rule 10b5-1 plan adoption date
September 4, 2025
Trading plan adopted by BVI entity controlled by the reporting person
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, indirect ownership
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.
indirect ownership financial
"Shares sold were held indirectly through a BVI entity"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sea Ltd (SE) report for Ye Gang?
Ye Gang reported sales of 40,000 Class A ordinary shares of Sea Ltd on September 9–10, 2026, executed indirectly through a BVI entity he controls, according to the Form 4 filing.
Were Ye Gang’s Sea Ltd (SE) sales under a Rule 10b5-1 plan?
Yes. All reported sales were made pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on September 4, 2025, as stated in the Form 4 footnotes.
Were Ye Gang’s Sea Ltd (SE) sales direct or indirect holdings?
The 40,000 shares sold were held indirectly through a BVI entity controlled by Ye Gang. The filing separately shows a large block of 20,396,405 shares held directly in his own name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
