STOCK TITAN

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.

(Moderate)
(Negative)
Form Type
4

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 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)
  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 $111.49 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. F3. Represents the weighted average price of shares sold at prices that ranged from $112.49 to $113.09.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $111.51 to $112.50.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $112.51 to $113.50.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $113.52 to $114.38.
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
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

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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Learn about SEC filing dates
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)
09/02/2026
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 shares09/02/2026S655(1)D$112.24(2)14,945IBy BVI entity
Class A ordinary shares09/02/2026S845(1)D$112.67(3)14,100IBy BVI entity
Class A ordinary shares09/03/2026S132(1)D$112.07(4)13,968IBy BVI entity
Class A ordinary shares09/03/2026S828(1)D$113.08(5)13,140IBy BVI entity
Class A ordinary shares09/03/2026S540(1)D$113.86(6)12,600IBy BVI entity
Class A ordinary shares1,132,842D
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 $111.49 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 Wang09/04/2026
** 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)