Sea COO Ye Gang sells 60K shares at $117–$123

Sea Ltd (SE) reported that director and COO Ye Gang had a BVI entity he controls sell 60,000 Class A ordinary shares in open-market transactions on August 25–26, 2026, pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025.

Rhea-AI Filing Summary

Sea Ltd (SE) reported that director and COO Ye Gang had a BVI entity he controls sell 60,000 Class A ordinary shares in open-market transactions on August 25–26, 2026, pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025. The sales were executed indirectly through this BVI entity at weighted average prices within ranges from $117.00 to $123.42 per share. Separately, Ye Gang is reported to hold 20,976,405 Class A ordinary shares directly after these transactions.

Insider Trade Summary 10b5-1

Net Seller: 60,000 shares

Net Sell 12 txns

Insider Ye Gang

Role COO

Sold 60,000 shs ($7.20M)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares F1, F9	10,454	$119.23	$1.25M
Sale	Class A ordinary shares F1, F10	10,039	$120.28	$1.21M
Sale	Class A ordinary shares F1, F11	9,397	$121.13	$1.14M
Sale	Class A ordinary shares F1	110	$121.68	$13K
Sale	Class A ordinary shares F1, F2	2,696	$117.70	$317K
Sale	Class A ordinary shares F1, F3	6,654	$118.32	$787K
Sale	Class A ordinary shares F1, F4	2,464	$119.44	$294K
Sale	Class A ordinary shares F1, F5	11,725	$120.14	$1.41M
Sale	Class A ordinary shares F1, F6	2,419	$121.65	$294K
Sale	Class A ordinary shares F1, F7	1,770	$122.60	$217K
Sale	Class A ordinary shares F1, F8	2,272	$123.17	$280K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 348,792 shares (Indirect, By BVI entity); Class A ordinary shares — 20,976,405 shares (Direct)

Footnotes (11)

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 September 4, 2025.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $117.00 to $117.9988. 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 $118.00 to $118.87.
4. F4. Represents the weighted average price of shares sold at prices that ranged from $119.01 to $119.999.
5. F5. Represents the weighted average price of shares sold at prices that ranged from $120.00 to $120.95.
6. F6. Represents the weighted average price of shares sold at prices that ranged from $121.01 to $121.96.
7. F7. Represents the weighted average price of shares sold at prices that ranged from $122.14 to $123.00.
8. F8. Represents the weighted average price of shares sold at prices that ranged from $123.05 to $123.42.
9. F9. Represents the weighted average price of shares sold at prices that ranged from $118.64 to $119.63.
10. F10. Represents the weighted average price of shares sold at prices that ranged from $119.64 to $120.63.
11. F11. Represents the weighted average price of shares sold at prices that ranged from $120.64 to $121.44.

Key Figures

Total shares sold: 60,000 Class A ordinary shares Sale price range (low): $117.00 per share Sale price range (high): $123.42 per share +2 more

5 metrics

Total shares sold 60,000 Class A ordinary shares Aggregate of 11 open-market sale transactions on August 25–26, 2026

Sale price range (low) $117.00 per share Lowest end of weighted average price ranges disclosed for August 25, 2026 sales

Sale price range (high) $123.42 per share Highest end of weighted average price ranges disclosed for August 25, 2026 sales

Representative transaction size 11,725 shares at $120.14 per share One open-market sale on August 25, 2026 reported as non-derivative

Direct holdings after transaction 20,976,405 Class A ordinary shares Direct ownership position reported as of August 25, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, indirect ownership

4 terms

Rule 10b5-1 trading plan regulatory

"The shares were sold pursuant to a Rule 10b5-1 trading plan"

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.

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

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

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

Ye Gang, a director and COO of Sea Ltd, reported that a BVI entity he controls sold 60,000 Class A ordinary shares in open-market transactions on August 25–26, 2026, under a Rule 10b5-1 trading plan adopted on September 4, 2025.

How many Sea Ltd (SE) shares were sold and over what dates?

A BVI entity controlled by Ye Gang sold a total of 60,000 Class A ordinary shares of Sea Ltd over two days, August 25 and 26, 2026, across multiple open-market sale transactions reported in this Form 4.

What price ranges were the Sea Ltd (SE) shares sold at in this filing?

The reported sales were at weighted average prices within ranges from $117.00 to $123.42 per Class A ordinary share, with specific sub-ranges disclosed for separate transaction groups in the footnotes.

Were the Sea Ltd (SE) insider sales made under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025 by a BVI entity controlled by Ye Gang, and the Form 4 affirms the Rule 10b5-1 checkbox.

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

One holding line in the Form 4 reports that Ye Gang directly holds 20,976,405 Class A ordinary shares of Sea Ltd following the reported transactions, in addition to the indirect holdings transacting through the BVI entity.

Are the reported Sea Ltd (SE) sales direct or indirect holdings of Ye Gang?

The 60,000 shares sold are reported as indirectly held, with the nature of ownership described as "By BVI entity" controlled by Ye Gang, and are attributed to that BVI entity in the Form 4.

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

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Available on EDGAR 08/27/2026 - 06:07 AM EDT Accepted by SEC EDGAR 08/27/2026 - 06:06 AM EDT Learn about SEC filing dates

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).

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^*

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)
08/25/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	08/25/2026		S		2,696(1)	D	$117.7(2)	406,096	I	By BVI entity
Class A ordinary shares	08/25/2026		S		6,654(1)	D	$118.32(3)	399,442	I	By BVI entity
Class A ordinary shares	08/25/2026		S		2,464(1)	D	$119.44(4)	396,978	I	By BVI entity
Class A ordinary shares	08/25/2026		S		11,725(1)	D	$120.14(5)	385,253	I	By BVI entity
Class A ordinary shares	08/25/2026		S		2,419(1)	D	$121.65(6)	382,834	I	By BVI entity
Class A ordinary shares	08/25/2026		S		1,770(1)	D	$122.6(7)	381,064	I	By BVI entity
Class A ordinary shares	08/25/2026		S		2,272(1)	D	$123.17(8)	378,792	I	By BVI entity
Class A ordinary shares	08/26/2026		S		10,454(1)	D	$119.23(9)	368,338	I	By BVI entity
Class A ordinary shares	08/26/2026		S		10,039(1)	D	$120.28(10)	358,299	I	By BVI entity
Class A ordinary shares	08/26/2026		S		9,397(1)	D	$121.13(11)	348,902	I	By BVI entity
Class A ordinary shares	08/26/2026		S		110(1)	D	$121.68	348,792	I	By BVI entity
Class A ordinary shares								20,976,405	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 September 4, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $117.00 to $117.9988. 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 $118.00 to $118.87.

4. Represents the weighted average price of shares sold at prices that ranged from $119.01 to $119.999.

5. Represents the weighted average price of shares sold at prices that ranged from $120.00 to $120.95.

6. Represents the weighted average price of shares sold at prices that ranged from $121.01 to $121.96.

7. Represents the weighted average price of shares sold at prices that ranged from $122.14 to $123.00.

8. Represents the weighted average price of shares sold at prices that ranged from $123.05 to $123.42.

9. Represents the weighted average price of shares sold at prices that ranged from $118.64 to $119.63.

10. Represents the weighted average price of shares sold at prices that ranged from $119.64 to $120.63.

11. Represents the weighted average price of shares sold at prices that ranged from $120.64 to $121.44.

	/s/ Mark Tang, attorney-in-fact for Gang Ye	08/27/2026
	** 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)