Sea Ltd (NYSE: SE) COO Ye Gang sells 60,000 shares in plan trades
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.
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Negative
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Insights
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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)
- 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 $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.
- F3. Represents the weighted average price of shares sold at prices that ranged from $118.00 to $118.87.
- F4. Represents the weighted average price of shares sold at prices that ranged from $119.01 to $119.999.
- F5. Represents the weighted average price of shares sold at prices that ranged from $120.00 to $120.95.
- F6. Represents the weighted average price of shares sold at prices that ranged from $121.01 to $121.96.
- F7. Represents the weighted average price of shares sold at prices that ranged from $122.14 to $123.00.
- F8. Represents the weighted average price of shares sold at prices that ranged from $123.05 to $123.42.
- F9. Represents the weighted average price of shares sold at prices that ranged from $118.64 to $119.63.
- F10. Represents the weighted average price of shares sold at prices that ranged from $119.64 to $120.63.
- 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.
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By BVI entity""
FAQ
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.
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.
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.