Sea CCO Wang sells 3,000 shares in plan trade

Q: How many Sea Ltd (SE) shares did the insider sell and at what prices?

Across five transactions, the affiliated BVI entity sold 3,000 Class A ordinary shares at weighted-average prices of $112.24, $112.67, $112.07, $113.08, and $113.86, with underlying trade price ranges from $111.49 up to $114.38 as disclosed in the footnotes.

Q: Does Wang Yanjun still hold Sea Ltd (SE) shares after these transactions?

Yes. A holding line shows 1,132,842 Class A ordinary shares held directly by Wang Yanjun as of September 2, 2026. The filing does not state the remaining indirect holdings of the BVI entity after the reported sales.

Q: Were the Sea Ltd (SE) insider sales direct or indirect holdings?

All reported sales involved indirectly held Class A ordinary shares, with ownership described as “By BVI entity”. The direct holding of 1,132,842 shares is disclosed separately and is not part of the reported sales.

Q: What is the role of the insider involved in the Sea Ltd (SE) Form 4?

The reporting person, Wang Yanjun, is identified as an officer of Sea Ltd, holding the titles Chief Corporate Officer (CCO) and General Counsel (GC).

Sea Ltd’s CCO and GC reported 3,000 indirect share sales under a Rule 10b5-1 plan while disclosing over 1.13 million shares held directly.

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Filing Sentiment

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Rhea-AI Filing Summary

Sea Ltd (SE) reported that its Chief Corporate Officer and General Counsel, Wang Yanjun, had an affiliated BVI entity sell a total of 3,000 Class A ordinary shares on September 2–3, 2026 in multiple open-market transactions at weighted-average prices in the $111–$114 range under a Rule 10b5-1 trading plan adopted on March 26, 2026. Separately, Wang is reported to hold 1,132,842 Class A ordinary shares directly as of September 2, 2026.

Insider Trade Summary 10b5-1

Net Seller: 3,000 shares

Net Sell 6 txns

Insider Wang Yanjun

Role CCO and GC

Sold 3,000 shs ($339K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares ^{F1, F4}	132	$112.07	$15K
Sale	Class A ordinary shares ^{F1, F5}	828	$113.08	$94K
Sale	Class A ordinary shares ^{F1, F6}	540	$113.86	$61K
Sale	Class A ordinary shares ^{F1, F2}	655	$112.24	$74K
Sale	Class A ordinary shares ^{F1, F3}	845	$112.67	$95K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 12,600 shares (Indirect, By BVI entity); Class A ordinary shares — 1,132,842 shares (Direct)

Footnotes (6)

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.
F2. Represents the weighted average price of shares sold at prices that ranged from $111.49 to $112.48. 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 $112.49 to $113.09.
F4. Represents the weighted average price of shares sold at prices that ranged from $111.51 to $112.50.
F5. Represents the weighted average price of shares sold at prices that ranged from $112.51 to $113.50.
F6. Represents the weighted average price of shares sold at prices that ranged from $113.52 to $114.38.

Key Figures

Total shares sold indirectly: 3,000 Class A ordinary shares Sale price (September 2, 2026 block 1): $112.24 per share (weighted average) Sale price (September 2, 2026 block 2): $112.67 per share (weighted average) +4 more

7 metrics

Total shares sold indirectly 3,000 Class A ordinary shares Sold by BVI entity on September 2–3, 2026

Sale price (September 2, 2026 block 1) $112.24 per share (weighted average) 655 shares sold; prices ranged from $111.49 to $112.48

Sale price (September 2, 2026 block 2) $112.67 per share (weighted average) 845 shares sold; prices ranged from $112.49 to $113.09

Sale price (September 3, 2026 block 1) $112.07 per share (weighted average) 132 shares sold; prices ranged from $111.51 to $112.50

Sale price (September 3, 2026 block 2) $113.08 per share (weighted average) 828 shares sold; prices ranged from $112.51 to $113.50

Sale price (September 3, 2026 block 3) $113.86 per share (weighted average) 540 shares sold; prices ranged from $113.52 to $114.38

Direct holdings after transactions 1,132,842 Class A ordinary shares Directly held by reporting person as of September 2, 2026

Key Terms

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

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.

Class A ordinary shares financial

"Class A ordinary shares, transaction_date"

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 Rule 10b5-1 trading plan adopted by 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 Wang Yanjun?

Sea Ltd reported that an affiliated BVI entity controlled by Chief Corporate Officer and General Counsel Wang Yanjun sold 3,000 Class A ordinary shares in open-market transactions on September 2–3, 2026 pursuant to a Rule 10b5-1 trading plan.

How many Sea Ltd (SE) shares did the insider sell and at what prices?

Across five transactions, the affiliated BVI entity sold 3,000 Class A ordinary shares at weighted-average prices of $112.24, $112.67, $112.07, $113.08, and $113.86, with underlying trade price ranges from $111.49 up to $114.38 as disclosed in the footnotes.

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

Yes. The footnotes state the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026 by a BVI entity controlled by the reporting person, and the filing’s 10b5‑1 checkbox affirms plan status.

Does Wang Yanjun still hold Sea Ltd (SE) shares after these transactions?

Yes. A holding line shows 1,132,842 Class A ordinary shares held directly by Wang Yanjun as of September 2, 2026. The filing does not state the remaining indirect holdings of the BVI entity after the reported sales.

Were the Sea Ltd (SE) insider sales direct or indirect holdings?

All reported sales involved indirectly held Class A ordinary shares, with ownership described as “By BVI entity”. The direct holding of 1,132,842 shares is disclosed separately and is not part of the reported sales.

What is the role of the insider involved in the Sea Ltd (SE) Form 4?

The reporting person, Wang Yanjun, is identified as an officer of Sea Ltd, holding the titles Chief Corporate Officer (CCO) and General Counsel (GC).

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

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Available on EDGAR 09/04/2026 - 06:10 AM EDT Accepted by SEC EDGAR 09/04/2026 - 06:10 AM EDT

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).

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

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)
09/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	09/02/2026		S		655⁽¹⁾	D	$112.24⁽²⁾	14,945	I	By BVI entity
Class A ordinary shares	09/02/2026		S		845⁽¹⁾	D	$112.67⁽³⁾	14,100	I	By BVI entity
Class A ordinary shares	09/03/2026		S		132⁽¹⁾	D	$112.07⁽⁴⁾	13,968	I	By BVI entity
Class A ordinary shares	09/03/2026		S		828⁽¹⁾	D	$113.08⁽⁵⁾	13,140	I	By BVI entity
Class A ordinary shares	09/03/2026		S		540⁽¹⁾	D	$113.86⁽⁶⁾	12,600	I	By BVI entity
Class A ordinary shares								1,132,842	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $111.49 to $112.48. 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 $112.49 to $113.09.

4. Represents the weighted average price of shares sold at prices that ranged from $111.51 to $112.50.

5. Represents the weighted average price of shares sold at prices that ranged from $112.51 to $113.50.

6. Represents the weighted average price of shares sold at prices that ranged from $113.52 to $114.38.

	/s/ Emily Tan, attorney-in-fact for Yanjun Wang	09/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR