Sea Ltd (NYSE: SE) COO Ye Gang sells 40,000 shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sea Ltd COO Ye Gang, through a BVI entity he controls, carried out open-market sales totaling 40,000 Class A ordinary shares on July 10 and July 13, 2026, at prices generally between $110.62 and $115.37 per share under a Rule 10b5-1 trading plan.
After these transactions, he continues to hold 21,636,405 Class A ordinary shares directly, along with additional shares held indirectly through the BVI entity.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares ($4,531,349)
Net Sell
10 txns
Insider
Ye Gang
Role
COO
Sold
40,000 shs ($4.53M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 4,074 | $111.22 | $453K |
| Sale | Class A ordinary shares | 7,850 | $111.95 | $879K |
| Sale | Class A ordinary shares | 3,439 | $113.12 | $389K |
| Sale | Class A ordinary shares | 1,593 | $114.18 | $182K |
| Sale | Class A ordinary shares | 3,044 | $114.87 | $350K |
| Sale | Class A ordinary shares | 1,519 | $112.02 | $170K |
| Sale | Class A ordinary shares | 3,118 | $113.05 | $352K |
| Sale | Class A ordinary shares | 8,941 | $114.03 | $1.02M |
| Sale | Class A ordinary shares | 6,422 | $114.71 | $737K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 415,926 shares (Indirect, By BVI entity);
Class A ordinary shares — 21,636,405 shares (Direct)
Footnotes (1)
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on September 4, 2025. Represents the weighted average price of shares sold at prices that ranged from $111.44 to $112.41. 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 $112.44 to $113.439. Represents the weighted average price of shares sold at prices that ranged from $113.44 to $114.43. Represents the weighted average price of shares sold at prices that ranged from $114.44 to $115.35. Represents the weighted average price of shares sold at prices that ranged from $110.62 to $111.615. Represents the weighted average price of shares sold at prices that ranged from $111.62 to $112.61. Represents the weighted average price of shares sold at prices that ranged from $112.62 to $113.56. Represents the weighted average price of shares sold at prices that ranged from $113.63 to $114.60. Represents the weighted average price of shares sold at prices that ranged from $114.63 to $115.37.
Key Figures
Shares sold: 40,000 Class A ordinary shares
Price range: $110.62 to $115.37 per share
Number of sale transactions: 9
+2 more
5 metrics
Shares sold
40,000 Class A ordinary shares
Total open-market sales reported on July 10 and July 13, 2026
Price range
$110.62 to $115.37 per share
Overall range of weighted average sale prices across reported tranches
Number of sale transactions
9
Count of individual open-market sale entries in the Form 4
Direct holdings after transactions
21,636,405 Class A ordinary shares
Direct ownership position shown as of July 10, 2026
Trading plan adoption date
September 4, 2025
Date BVI entity’s Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, indirect ownership, +1 more
5 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.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By BVI entity"
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.
FAQ
How many individual sale transactions did the Sea Ltd (SE) Form 4 report for Ye Gang?
The filing reflects nine separate open-market sale transactions of Class A ordinary shares, plus one line item showing direct holdings. Together, these sale entries sum to 40,000 shares disposed of by the BVI entity associated with Ye Gang.