STOCK TITAN
  1. Home
  2. Sec-filings
  3. SE
  4. [Form 4] Sea Ltd Insider Trading Activity

Sea (NYSE: SE) CCO-linked BVI entity sells 2,400 Class A shares

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

Rhea-AI Filing Summary

Sea Ltd reported that a BVI entity controlled by Chief Corporate Officer and General Counsel Wang Yanjun sold 2,400 Class A ordinary shares in open-market trades on July 1–2, 2026 at prices around $96–$106 per share under a Rule 10b5-1 trading plan adopted on March 26, 2026.

After these sales, the filing shows indirect holdings of 44,800 Class A ordinary shares through the BVI entity and direct holdings of 1,162,442 Class A ordinary shares as of early July 2026.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 2,400 shs ($245K)
Type Security Shares Price Value
Sale Class A ordinary shares 554 $103.16 $57K
Sale Class A ordinary shares 383 $104.21 $40K
Sale Class A ordinary shares 258 $105.14 $27K
Sale Class A ordinary shares 5 $105.84 $529.20
Sale Class A ordinary shares 233 $96.70 $23K
Sale Class A ordinary shares 27 $97.46 $3K
Sale Class A ordinary shares 15 $98.41 $1K
Sale Class A ordinary shares 235 $99.92 $23K
Sale Class A ordinary shares 31 $100.46 $3K
Sale Class A ordinary shares 159 $101.57 $16K
Sale Class A ordinary shares 300 $102.35 $31K
Sale Class A ordinary shares 200 $103.15 $21K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 45,446 shares (Indirect, By BVI entity); Class A ordinary shares — 1,162,442 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 March 26, 2026. Represents the weighted average price of shares sold at prices that ranged from $96.02 to $96.98. 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 $97.09 to $97.94. Represents the weighted average price of shares sold at prices that ranged from $98.12 to $98.78. Represents the weighted average price of shares sold at prices that ranged from $99.09 to $100.01. Represents the weighted average price of shares sold at prices that ranged from $100.04 to $101.00. Represents the weighted average price of shares sold at prices that ranged from $101.02 to $102.01. Represents the weighted average price of shares sold at prices that ranged from $102.07 to $102.70. Represents the weighted average price of shares sold at prices that ranged from $103.14 to $103.15. Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.75. Represents the weighted average price of shares sold at prices that ranged from $103.76 to $104.75. Represents the weighted average price of shares sold at prices that ranged from $104.77 to $105.75. Represents the weighted average price of shares sold at prices that ranged from $105.82 to $105.85.
Shares sold 2,400 shares Net open-market sales on July 1–2, 2026
Highest reported trade price $105.84/share Open-market sale on July 2, 2026
Lowest price range floor $96.02/share Footnote F2 price range floor
Highest price range ceiling $105.85/share Footnote F13 price range ceiling
Indirect holdings after trades 44,800 shares Class A ordinary shares via BVI entity after July 2, 2026
Direct holdings 1,162,442 shares Class A ordinary shares held directly as of July 1, 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.
weighted average price financial
"Represents the weighted average price of shares sold at prices that ranged from $96.02 to $96.98."
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
"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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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)
07/01/2026		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 shares07/01/2026S233(1)D$96.7(2)46,967IBy BVI entity
Class A ordinary shares07/01/2026S27(1)D$97.46(3)46,940IBy BVI entity
Class A ordinary shares07/01/2026S15(1)D$98.41(4)46,925IBy BVI entity
Class A ordinary shares07/01/2026S235(1)D$99.92(5)46,690IBy BVI entity
Class A ordinary shares07/01/2026S31(1)D$100.46(6)46,659IBy BVI entity
Class A ordinary shares07/01/2026S159(1)D$101.57(7)46,500IBy BVI entity
Class A ordinary shares07/01/2026S300(1)D$102.35(8)46,200IBy BVI entity
Class A ordinary shares07/01/2026S200(1)D$103.15(9)46,000IBy BVI entity
Class A ordinary shares07/02/2026S554(1)D$103.16(10)45,446IBy BVI entity
Class A ordinary shares07/02/2026S383(1)D$104.21(11)45,063IBy BVI entity
Class A ordinary shares07/02/2026S258(1)D$105.14(12)44,805IBy BVI entity
Class A ordinary shares07/02/2026S5(1)D$105.84(13)44,800IBy BVI entity
Class A ordinary shares1,162,442D
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 $96.02 to $96.98. 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 $97.09 to $97.94.
4. Represents the weighted average price of shares sold at prices that ranged from $98.12 to $98.78.
5. Represents the weighted average price of shares sold at prices that ranged from $99.09 to $100.01.
6. Represents the weighted average price of shares sold at prices that ranged from $100.04 to $101.00.
7. Represents the weighted average price of shares sold at prices that ranged from $101.02 to $102.01.
8. Represents the weighted average price of shares sold at prices that ranged from $102.07 to $102.70.
9. Represents the weighted average price of shares sold at prices that ranged from $103.14 to $103.15.
10. Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.75.
11. Represents the weighted average price of shares sold at prices that ranged from $103.76 to $104.75.
12. Represents the weighted average price of shares sold at prices that ranged from $104.77 to $105.75.
13. Represents the weighted average price of shares sold at prices that ranged from $105.82 to $105.85.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang07/06/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sea Ltd (SE) disclose for Wang Yanjun?

Sea Ltd disclosed that a BVI entity controlled by CCO and GC Wang Yanjun sold 2,400 Class A ordinary shares in open-market transactions. The sales occurred on July 1–2, 2026 at prices of roughly $96–$106 per share.

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

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Wang Yanjun on March 26, 2026, indicating the transactions were pre-arranged rather than discretionary market-timed trades.

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

After the reported transactions, the Form 4 shows the BVI entity holds 44,800 Class A ordinary shares indirectly linked to Wang Yanjun. This figure reflects the position following the last reported open-market sale on July 2, 2026.

What are Wang Yanjun’s direct shareholdings in Sea Ltd (SE) after the filing?

The filing lists 1,162,442 Class A ordinary shares as directly held by Wang Yanjun as of July 1, 2026. This direct position is separate from the 44,800 shares held indirectly through the BVI entity that executed the 2,400-share sale.

At what prices were the Sea Ltd (SE) insider sales executed?

Individual trades were reported with prices such as $96.70, $100.46 and $105.84 per share. Footnotes explain these are weighted average prices for sales executed within narrower ranges between $96.02 and $105.85.

Does the Sea Ltd (SE) Form 4 mention price ranges for the transactions?

Yes. Footnotes state that the reported figures represent weighted average prices for trades within specific ranges, including $96.02–$96.98, $97.09–$97.94, $104.77–$105.75 and $105.82–$105.85, with full breakdowns available upon request.