Sea CCO Wang sells 3,000 shares in plan trade
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.
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.
Positive
- None.
Negative
- None.
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.
BVI entity regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity"
FAQ
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.
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.
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.