Sea Ltd CPO Chen Jingye sells 60K shares
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 60,000 shares
Net Sell
7 txns
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)
- 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.
- 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.
- F3. Represents the weighted average price of shares sold at prices that ranged from $101.64 to $102.59.
- F4. Represents the weighted average price of shares sold at prices that ranged from $102.80 to $103.17.
- F5. Represents the weighted average price of shares sold at prices that ranged from $99.58 to $100.52.
- F6. Represents the weighted average price of shares sold at prices that ranged from $100.59 to $101.57.
- F7. Represents the weighted average price of shares sold at prices that ranged from $101.59 to $102.49.
Key Figures
Total shares sold: 60,000 shares
Direct holdings after transaction: 9,126,574 shares
Sale on September 18, 2026 (largest block): 20,633 shares at $101.88 weighted-average price
+3 more
6 metrics
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
Key Terms
Rule 10b5-1 trading plan, Class A ordinary shares, weighted average price, indirect ownership
4 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
"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.
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.