STOCK TITAN

Sea Ltd (NYSE: SE) exec’s BVI entity sells 1,600 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd executive Chen Jingye, through a BVI entity he controls, reported selling 1,600 Class A ordinary shares of Sea Ltd in multiple open‑market transactions on May 14–15, 2026. The sales were executed under a pre‑arranged Rule 10b5‑1 trading plan, with reported prices including $92.69, $90.00 and $88.25 per share.

After these trades, the BVI entity’s indirect holding stood at 207,200 Class A shares, while a separate entry shows 9,075,774 Class A shares held directly as of May 14, 2026, indicating the transactions involve a small portion of the overall stake.

Positive

  • None.

Negative

  • None.
Insider Chen Jingye
Role CPO, Shopee
Sold 1,600 shs ($142K)
Type Security Shares Price Value
Sale Class A ordinary shares 593 $88.25 $52K
Sale Class A ordinary shares 174 $89.43 $16K
Sale Class A ordinary shares 33 $90.00 $3K
Sale Class A ordinary shares 285 $88.06 $25K
Sale Class A ordinary shares 213 $89.04 $19K
Sale Class A ordinary shares 253 $89.99 $23K
Sale Class A ordinary shares 26 $90.60 $2K
Sale Class A ordinary shares 21 $92.35 $2K
Sale Class A ordinary shares 2 $92.69 $185.38
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 207,407 shares (Indirect, By BVI entity); Class A ordinary shares — 9,075,774 shares (Direct, null)
Footnotes (1)
  1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025. Represents the weighted average price of shares sold at prices that ranged from $87.52 to $88.51. 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. Represents the weighted average price of shares sold at prices that ranged from $88.52 to $89.51. Represents the weighted average price of shares sold at prices that ranged from $89.53 to $90.52. Represents the weighted average price of shares sold at prices that ranged from $90.56 to $90.64. Represents the weighted average price of shares sold at prices that ranged from $87.92 to $88.91. Represents the weighted average price of shares sold at prices that ranged from $88.93 to $89.89. Represents the weighted average price of shares sold at prices that ranged from $89.92 to $90.10.
Shares sold 1,600 shares Total Class A ordinary shares sold in open-market transactions on May 14–15, 2026
Indirect holdings after trades 207,200 shares Class A ordinary shares held indirectly by BVI entity after May 15, 2026 transactions
Direct holdings entry 9,075,774 shares Class A ordinary shares held directly as of May 14, 2026 holding entry
Sale price example $92.69/share Price for 2 shares sold on May 14, 2026
Sale price example $90.00/share Price for 33 shares sold on May 15, 2026
Sale price example $88.25/share Price for 593 shares sold on May 15, 2026
Rule 10b5-1 trading plan financial
"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
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity..."
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*
Chen Jingye

(Last)(First)(Middle)
C/O 1 FUSIONOPOLIS PLACE,
#17-10, GALAXIS

(Street)
SINGAPORESINGAPORE138522

(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)
CPO, Shopee
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
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 shares05/14/2026S285(1)D$88.06(2)208,515IBy BVI entity
Class A ordinary shares05/14/2026S213(1)D$89.04(3)208,302IBy BVI entity
Class A ordinary shares05/14/2026S253(1)D$89.99(4)208,049IBy BVI entity
Class A ordinary shares05/14/2026S26(1)D$90.6(5)208,023IBy BVI entity
Class A ordinary shares05/14/2026S21(1)D$92.35208,002IBy BVI entity
Class A ordinary shares05/14/2026S2(1)D$92.69208,000IBy BVI entity
Class A ordinary shares05/15/2026S593(1)D$88.25(6)207,407IBy BVI entity
Class A ordinary shares05/15/2026S174(1)D$89.43(7)207,233IBy BVI entity
Class A ordinary shares05/15/2026S33(1)D$90(8)207,200IBy BVI entity
Class A ordinary shares9,075,774D
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 August 28, 2025.
2. Represents the weighted average price of shares sold at prices that ranged from $87.52 to $88.51. 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 $88.52 to $89.51.
4. Represents the weighted average price of shares sold at prices that ranged from $89.53 to $90.52.
5. Represents the weighted average price of shares sold at prices that ranged from $90.56 to $90.64.
6. Represents the weighted average price of shares sold at prices that ranged from $87.92 to $88.91.
7. Represents the weighted average price of shares sold at prices that ranged from $88.93 to $89.89.
8. Represents the weighted average price of shares sold at prices that ranged from $89.92 to $90.10.
/s/ Mark Tang, attorney-in-fact for Jingye Chen05/18/2026
** 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)

FAQ

What insider transaction did Sea Ltd (SE) report for Chen Jingye?

Sea Ltd reported that a BVI entity controlled by executive Chen Jingye sold 1,600 Class A ordinary shares. The transactions occurred over May 14–15, 2026 as multiple open‑market sales reported on a Form 4 filing.

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

The Form 4 shows open‑market sales of Class A ordinary shares at prices including $92.69, $90.00 and $88.25 per share. Footnotes note weighted average prices across narrower ranges for certain grouped transactions.

How many Sea Ltd (SE) shares does the BVI entity hold after the sales?

Following the reported sales, the BVI entity associated with Chen Jingye holds 207,200 Class A ordinary shares indirectly. This figure is disclosed as the total shares following the latest non‑derivative transaction dated May 15, 2026.

What are Chen Jingye’s direct Sea Ltd (SE) holdings in this filing?

A separate holding entry in the Form 4 lists 9,075,774 Class A ordinary shares held directly by Chen Jingye as of May 14, 2026. This direct position is distinct from the indirect shares held through the BVI entity.

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

Yes. A footnote states the shares were sold under a Rule 10b5‑1 trading plan adopted by the BVI entity controlled by Chen Jingye on August 28, 2025. Such plans pre‑schedule trades, making transaction timing more routine.

How many Sea Ltd (SE) insider sales were reported in this Form 4?

The transaction summary shows nine sale transactions totaling 1,600 shares of Sea Ltd Class A ordinary shares. All are coded as open‑market or private sale transactions, with no reported purchases or option exercises in this filing.