STOCK TITAN

Sea Ltd CPO Chen Jingye sells 60K shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd (SE) reported that Chen Jingye, CPO of Shopee, indirectly sold a total of 60,000 Class A ordinary shares of Sea in multiple transactions on September 17–18, 2026, through a BVI entity controlled by him, pursuant to a Rule 10b5-1 trading plan adopted on June 10, 2026. Reported per-share prices are weighted-average sale prices within ranges from $99.58 to $103.17. A separate entry shows 9,126,574 Class A ordinary shares held directly following these transactions.

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Insider Chen Jingye
Role CPO, Shopee
Sold 60,000 shs ($6.09M)
Type Security Shares Price Value
Sale Class A ordinary shares F1, F5 4,262 $100.24 $427K
Sale Class A ordinary shares F1, F6 5,105 $101.10 $516K
Sale Class A ordinary shares F1, F7 20,633 $101.88 $2.10M
Sale Class A ordinary shares F1, F2 18,691 $101.23 $1.89M
Sale Class A ordinary shares F1, F3 10,409 $101.90 $1.06M
Sale Class A ordinary shares F1, F4 900 $103.01 $93K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 60,000 shares (Indirect, By BVI entity); Class A ordinary shares — 9,126,574 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 June 10, 2026.
  2. F2. Represents the weighted average price of shares sold at prices that ranged from $100.63 to $101.62. 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 $101.64 to $102.59.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $102.80 to $103.17.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $99.58 to $100.52.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $100.59 to $101.57.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $101.59 to $102.49.
Total shares sold 60,000 shares Aggregate Class A ordinary shares sold on September 17–18, 2026
Direct holdings after transaction 9,126,574 shares Class A ordinary shares held directly following the reported transactions
Sale on September 18, 2026 (largest block) 20,633 shares at $101.88 weighted-average price Indirect sale of Class A ordinary shares by BVI entity
Sale on September 17, 2026 (largest block) 18,691 shares at $101.23 weighted-average price Indirect sale of Class A ordinary shares by BVI entity
Rule 10b5-1 plan adoption date June 10, 2026 Trading plan adopted by a BVI entity controlled by the reporting person
Overall sale price range $99.58–$103.17 per share Ranges of prices across all reported weighted-average sale groups
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.
Class A ordinary shares financial
"Non-derivative transactions in Class A ordinary shares of Sea Ltd"
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.
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
"Sales reported as indirectly held, with nature of ownership "By BVI entity""

FAQ

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

How many Sea Ltd (SE) shares did Chen Jingye sell in this Form 4?

The reporting shows that entities associated with Chen Jingye sold a total of 60,000 Class A ordinary shares of Sea Ltd in multiple transactions on September 17–18, 2026.

On what dates and at what prices were SE shares sold in this filing?

Sales occurred on September 17, 2026 and September 18, 2026. Reported prices are weighted-average sale prices per trade grouping, with ranges from $99.58–$103.17 across the different transactions.

Were the SE share sales by Chen Jingye under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on June 10, 2026, and the plan status box is affirmed.

How many Sea Ltd (SE) shares does Chen Jingye hold directly after these transactions?

A holdings entry reports that 9,126,574 Class A ordinary shares of Sea Ltd are held directly by the reporting person following the reported transactions.

Were the SE shares sold directly by Chen Jingye or through another entity?

The reported sales were of Class A ordinary shares held indirectly, described as being held "By BVI entity". The filing notes this BVI entity is controlled by the reporting person.

What price detail does the Sea Ltd (SE) Form 4 provide for the sales?

For each sale group, the Form 4 gives a weighted-average price and states the range of actual prices, such as from $100.63 to $101.62 or $102.80 to $103.17, and undertakes to provide full per-price details upon request.

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*
Chen Jingye

(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)
CPO, Shopee
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026
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 shares09/17/2026S18,691(1)D$101.23(2)101,309IBy BVI entity
Class A ordinary shares09/17/2026S10,409(1)D$101.9(3)90,900IBy BVI entity
Class A ordinary shares09/17/2026S900(1)D$103.01(4)90,000IBy BVI entity
Class A ordinary shares09/18/2026S4,262(1)D$100.24(5)85,738IBy BVI entity
Class A ordinary shares09/18/2026S5,105(1)D$101.1(6)80,633IBy BVI entity
Class A ordinary shares09/18/2026S20,633(1)D$101.88(7)60,000IBy BVI entity
Class A ordinary shares9,126,574D
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 June 10, 2026.
2. Represents the weighted average price of shares sold at prices that ranged from $100.63 to $101.62. 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 $101.64 to $102.59.
4. Represents the weighted average price of shares sold at prices that ranged from $102.80 to $103.17.
5. Represents the weighted average price of shares sold at prices that ranged from $99.58 to $100.52.
6. Represents the weighted average price of shares sold at prices that ranged from $100.59 to $101.57.
7. Represents the weighted average price of shares sold at prices that ranged from $101.59 to $102.49.
/s/ Mark Tang, attorney-in-fact for Jingye Chen09/21/2026
** 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)

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