At what prices did Ye Gang’s recent Sea Ltd (SE) share sales occur?

The reported sales used weighted average prices across multiple trades, with individual transactions between about $96.77 and $105.16 per share. Footnotes note ranges from $96.19 to $105.70, reflecting numerous small trades within those price bands.

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

Yes. A footnote states the shares were sold under a Rule 10b5-1 trading plan adopted on September 4, 2025 by a BVI entity he controls. Such plans pre-schedule trades, reducing the significance of the exact sale timing.

Sea COO Ye Gang sells 40,000 shares in plan

Q: What did Sea Ltd (SE) COO Ye Gang report in this Form 4?

He reported selling 40,000 Class A ordinary shares of Sea Ltd in open-market transactions on July 1–2, 2026. The trades were executed indirectly through a BVI entity he controls under a Rule 10b5-1 trading plan.

Q: How many Sea Ltd (SE) shares does Ye Gang hold after these transactions?

Following the reported sales, he holds 21,636,405 Class A ordinary shares directly and an additional 520,000 shares indirectly through a BVI entity. These figures show his remaining stake is still very large relative to the 40,000 shares sold.

Q: Were the recent Sea Ltd (SE) insider transactions direct or indirect holdings?

All reported sales involved indirectly held Class A ordinary shares, described as held "By BVI entity." The filing also shows a separate direct holding line of 21,636,405 shares, which was not the subject of these sale transactions.

Q: How many Sea Ltd (SE) insider sale transactions did the Form 4 disclose?

The summary shows 11 sale transactions of Class A ordinary shares, totaling 40,000 shares sold, plus one holding entry showing overall direct ownership. Each sale line provides a share amount, weighted average price, and resulting indirect share balance.

Sea Ltd COO Ye Gang reported open-market sales totaling 40,000 Class A ordinary shares of Sea Ltd over July 1–2, 2026.

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Sea Ltd COO Ye Gang reported open-market sales totaling 40,000 Class A ordinary shares of Sea Ltd over July 1–2, 2026. The shares were sold indirectly through a BVI entity controlled by him under a Rule 10b5-1 trading plan adopted on September 4, 2025.

Sale prices ranged from the high-$90s to mid-$100s, with individual transactions reported between $96.77 and $105.16 per share using weighted average pricing. After these trades, Ye Gang holds 21,636,405 Class A shares directly and 520,000 shares indirectly, indicating that only a small portion of his overall stake was sold.

Insider Trade Summary 10b5-1

Net Seller: 40,000 shares

Net Sell 12 txns

Insider Ye Gang

Role COO

Sold 40,000 shs ($4.10M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	10,000	$103.31	$1.03M
Sale	Class A ordinary shares	4,800	$104.26	$500K
Sale	Class A ordinary shares	5,200	$105.16	$547K
Sale	Class A ordinary shares	600	$96.77	$58K
Sale	Class A ordinary shares	200	$97.88	$20K
Sale	Class A ordinary shares	300	$98.71	$30K
Sale	Class A ordinary shares	5,436	$99.99	$544K
Sale	Class A ordinary shares	5,564	$100.39	$559K
Sale	Class A ordinary shares	3,100	$101.80	$316K
Sale	Class A ordinary shares	4,400	$102.63	$452K
Sale	Class A ordinary shares	400	$103.25	$41K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 520,000 shares (Indirect, By BVI entity); Class A ordinary shares — 21,636,405 shares (Direct)

Footnotes (12)

F1. 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.
F2. Represents the weighted average price of shares sold at prices that ranged from $96.19 to $97.16. 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 $97.81 to $97.94.
F4. Represents the weighted average price of shares sold at prices that ranged from $98.21 to $99.18.
F5. Represents the weighted average price of shares sold at prices that ranged from $99.22 to $100.18.
F6. Represents the weighted average price of shares sold at prices that ranged from $100.20 to $101.18.
F7. Represents the weighted average price of shares sold at prices that ranged from $101.20 to $102.18.
F8. Represents the weighted average price of shares sold at prices that ranged from $102.21 to $103.15.
F9. Represents the weighted average price of shares sold at prices that ranged from $103.23 to $103.25.
F10. Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.70.
F11. Represents the weighted average price of shares sold at prices that ranged from $103.79 to $104.72.
F12. Represents the weighted average price of shares sold at prices that ranged from $104.77 to $105.70.

Key Figures

Shares sold: 40,000 shares Highest reported sale price: $105.16 per share Lowest price range bound: $96.19 per share +3 more

6 metrics

Shares sold 40,000 shares Total Class A ordinary shares sold on July 1–2, 2026

Highest reported sale price $105.16 per share Open-market sale price for Class A ordinary shares on July 2, 2026

Lowest price range bound $96.19 per share Lower end of weighted average price range noted in footnotes

Highest price range bound $105.70 per share Upper end of weighted average price range noted in footnotes

Direct holdings after transactions 21,636,405 shares Class A ordinary shares held directly as of July 1, 2026

Indirect holdings after transactions 520,000 shares Class A ordinary shares held indirectly through BVI entity after July 2, 2026 sales

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, open-market sale, +1 more

5 terms

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 $96.19 to $97.16."

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.

BVI entity financial

"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sea Ltd (SE) COO Ye Gang report in this Form 4?

He reported selling 40,000 Class A ordinary shares of Sea Ltd in open-market transactions on July 1–2, 2026. The trades were executed indirectly through a BVI entity he controls under a Rule 10b5-1 trading plan.

How many Sea Ltd (SE) shares does Ye Gang hold after these transactions?

Following the reported sales, he holds 21,636,405 Class A ordinary shares directly and an additional 520,000 shares indirectly through a BVI entity. These figures show his remaining stake is still very large relative to the 40,000 shares sold.

Were the recent Sea Ltd (SE) insider transactions direct or indirect holdings?

All reported sales involved indirectly held Class A ordinary shares, described as held "By BVI entity." The filing also shows a separate direct holding line of 21,636,405 shares, which was not the subject of these sale transactions.

How many Sea Ltd (SE) insider sale transactions did the Form 4 disclose?

The summary shows 11 sale transactions of Class A ordinary shares, totaling 40,000 shares sold, plus one holding entry showing overall direct ownership. Each sale line provides a share amount, weighted average price, and resulting indirect share balance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/06/2026 - 06:17 AM EDT

SEC Form 4

FORM 4

UNITED 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).

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^*

Ye Gang

(Last)

(First)

(Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE

138522

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	07/01/2026		S		600⁽¹⁾	D	$96.77⁽²⁾	559,400	I	By BVI entity
Class A ordinary shares	07/01/2026		S		200⁽¹⁾	D	$97.88⁽³⁾	559,200	I	By BVI entity
Class A ordinary shares	07/01/2026		S		300⁽¹⁾	D	$98.71⁽⁴⁾	558,900	I	By BVI entity
Class A ordinary shares	07/01/2026		S		5,436⁽¹⁾	D	$99.99⁽⁵⁾	553,464	I	By BVI entity
Class A ordinary shares	07/01/2026		S		5,564⁽¹⁾	D	$100.39⁽⁶⁾	547,900	I	By BVI entity
Class A ordinary shares	07/01/2026		S		3,100⁽¹⁾	D	$101.8⁽⁷⁾	544,800	I	By BVI entity
Class A ordinary shares	07/01/2026		S		4,400⁽¹⁾	D	$102.63⁽⁸⁾	540,400	I	By BVI entity
Class A ordinary shares	07/01/2026		S		400⁽¹⁾	D	$103.25⁽⁹⁾	540,000	I	By BVI entity
Class A ordinary shares	07/02/2026		S		10,000⁽¹⁾	D	$103.31⁽¹⁰⁾	530,000	I	By BVI entity
Class A ordinary shares	07/02/2026		S		4,800⁽¹⁾	D	$104.26⁽¹¹⁾	525,200	I	By BVI entity
Class A ordinary shares	07/02/2026		S		5,200⁽¹⁾	D	$105.16⁽¹²⁾	520,000	I	By BVI entity
Class A ordinary shares								21,636,405	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $96.19 to $97.16. 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 $97.81 to $97.94.

4. Represents the weighted average price of shares sold at prices that ranged from $98.21 to $99.18.

5. Represents the weighted average price of shares sold at prices that ranged from $99.22 to $100.18.

6. Represents the weighted average price of shares sold at prices that ranged from $100.20 to $101.18.

7. Represents the weighted average price of shares sold at prices that ranged from $101.20 to $102.18.

8. Represents the weighted average price of shares sold at prices that ranged from $102.21 to $103.15.

9. Represents the weighted average price of shares sold at prices that ranged from $103.23 to $103.25.

10. Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.70.

11. Represents the weighted average price of shares sold at prices that ranged from $103.79 to $104.72.

12. Represents the weighted average price of shares sold at prices that ranged from $104.77 to $105.70.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	07/06/2026
	** Signature of Reporting Person	Date
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