STOCK TITAN

Sea CCO Wang sells 3,000 shares around $117–$121

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd (SE) reported that officer Wang Yanjun, CCO and GC, indirectly sold a total of 3,000 Class A ordinary shares of Sea over August 27–28, 2026 through a BVI entity. The filing also reports 1,132,842 Class A ordinary shares held directly after these transactions. All sales were made under a Rule 10b5-1 trading plan adopted on March 26, 2026.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 3,000 shs ($356K)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F5 58 $118.24 $7K
Sale Class A ordinary shares F1, F6 1,019 $119.34 $122K
Sale Class A ordinary shares F1, F7 418 $120.32 $50K
Sale Class A ordinary shares F1 5 $120.82 $604.10
Sale Class A ordinary shares F1, F2 917 $117.19 $107K
Sale Class A ordinary shares F1, F3 555 $117.82 $65K
Sale Class A ordinary shares F1, F4 28 $118.97 $3K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 18,600 shares (Indirect, By BVI entity); Class A ordinary shares — 1,132,842 shares (Direct)
Footnotes (7)
  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 $116.50 to $117.495. 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 $117.50 to $118.39.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $118.54 to $118.99.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $117.80 to $118.66.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $118.83 to $119.79.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.75.
Total shares sold 3,000 Class A ordinary shares Aggregate insider sales by Wang Yanjun over August 27–28, 2026
Direct holdings after transaction 1,132,842 Class A ordinary shares Directly held by Wang Yanjun as of August 27, 2026, after reported trades
Sale price example $117.19 per share Weighted average price for 917 shares sold on August 27, 2026
Sale price example $120.32 per share Weighted average price for 418 shares sold on August 28, 2026
Rule 10b5-1 plan adoption date March 26, 2026 Adoption date of BVI entity’s trading plan used for these sales
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"
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.
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By BVI entity""

FAQ

What insider transactions did SE disclose for Wang Yanjun on this Form 4?

The Form 4 discloses that Wang Yanjun, CCO and GC of Sea Ltd (SE), indirectly sold 3,000 Class A ordinary shares on August 27–28, 2026 through a BVI entity controlled by him, under a pre-established Rule 10b5-1 trading plan.

At what prices were Sea Ltd (SE) shares sold in Wang Yanjun’s reported trades?

The reported sales of Sea Ltd (SE) shares occurred at weighted average prices around $117.19, $117.82, $118.97, $118.24, $119.34, $120.32 and $120.82 per share, with detailed price ranges for each group of trades provided in the footnotes.

How many SE shares does Wang Yanjun hold after the reported Form 4 transactions?

After the reported transactions, 1,132,842 Class A ordinary shares of Sea Ltd (SE) are reported as held directly by Wang Yanjun. The 3,000 shares sold were held indirectly through a BVI entity controlled by him.

Were Wang Yanjun’s Sea Ltd (SE) share sales made under a Rule 10b5-1 plan?

Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026 by a BVI entity controlled by Wang Yanjun, indicating the trades followed a pre-arranged trading plan.

What is the nature of ownership for the Sea Ltd (SE) shares sold by Wang Yanjun?

All reported sales involve Class A ordinary shares held indirectly by a BVI entity. The filing notes the sales were executed by this controlled entity, while a separate line item reports shares held directly by Wang Yanjun after the transactions.

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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)
08/27/2026
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 shares08/27/2026S917(1)D$117.19(2)20,683IBy BVI entity
Class A ordinary shares08/27/2026S555(1)D$117.82(3)20,128IBy BVI entity
Class A ordinary shares08/27/2026S28(1)D$118.97(4)20,100IBy BVI entity
Class A ordinary shares08/28/2026S58(1)D$118.24(5)20,042IBy BVI entity
Class A ordinary shares08/28/2026S1,019(1)D$119.34(6)19,023IBy BVI entity
Class A ordinary shares08/28/2026S418(1)D$120.32(7)18,605IBy BVI entity
Class A ordinary shares08/28/2026S5(1)D$120.8218,600IBy 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 $116.50 to $117.495. 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 $117.50 to $118.39.
4. Represents the weighted average price of shares sold at prices that ranged from $118.54 to $118.99.
5. Represents the weighted average price of shares sold at prices that ranged from $117.80 to $118.66.
6. Represents the weighted average price of shares sold at prices that ranged from $118.83 to $119.79.
7. Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.75.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang08/31/2026
** 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)