Sea Ltd director and COO Ye Gang reported indirect open-market sales of 20,000 Class A ordinary shares over May 12–13, 2026. The trades were executed by a BVI entity controlled by him under a pre-arranged Rule 10b5-1 trading plan. Reported sale prices ranged roughly from the low-$90s to high-$90s per share, with several entries showing weighted average prices such as $98.36 and $93.49 per share. After these transactions, the filing shows direct ownership of 22,206,405 Class A shares and separate indirect holdings by the BVI entity, indicating that the disposals represent a small portion of his overall position.
Sea Ltd Chief Product Officer of Shopee, Chen Jingye, reported open-market sales of 1,600 Class A ordinary shares of Sea over May 12–13, 2026. The shares were sold indirectly by a BVI entity controlled by him under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025, at weighted average prices generally in the mid‑$90s per share. After these transactions, a separate entry shows 9,075,774 Class A shares held directly, indicating a much larger continuing stake.
Sea Limited reported strong first-quarter 2026 results, with GAAP revenue of US$7.1 billion, up 46.6% year-on-year. Gross profit reached US$3.1 billion, up 40.7%, while net income was US$438.2 million, up 6.7%. Adjusted EBITDA rose 9.3% to US$1.0 billion.
Shopee generated US$5.1 billion of GAAP revenue, supported by GMV of US$37.3 billion and 4.0 billion orders, all growing around 30% or more year-on-year. Monee revenue grew 57.8% to US$1.2 billion, with consumer and SME loans principal outstanding of US$9.9 billion and non-performing loans over 90 days at 1.1%. Garena bookings increased 20.1% to US$931.4 million, with paying users up 12.4%. Sea also repurchased 1.8 million shares for US$168.4 million under its US$1.0 billion buyback program.
Sea Ltd director and COO Ye Gang reported that a BVI entity he controls sold a total of 20,000 Class A ordinary shares in open-market transactions. The sales occurred on May 8 and May 11, 2026 at prices ranging from about $82.53 to $87.35, and were executed under a Rule 10b5-1 trading plan adopted by the BVI entity on September 4, 2025.
After these transactions, the filing shows 22,206,405 Class A ordinary shares held directly by Ye Gang as of May 8, 2026, plus 330,000 shares held indirectly through the BVI entity. The pre-planned nature of the trading plan suggests these sales were scheduled in advance rather than timed discretionarily.
Sea Ltd’s Chief Corporate Officer and General Counsel, Wang Yanjun, reported small insider sales executed through an affiliated BVI entity. The BVI entity sold a total of 1,600 Class A ordinary shares in open-market transactions on May 8 and May 11, 2026, at prices generally ranging from about $82 to $88 per share under a pre-arranged Rule 10b5-1 trading plan.
Following these trades, Wang reported direct ownership of 1,212,442 Class A ordinary shares and indirect ownership of 18,000 shares through the BVI entity. The filing characterizes the sales as routine, pre-planned transactions rather than discretionary market timing.
Sea Ltd chief product officer for Shopee, Chen Jingye, reported open-market sales of a total of 1,600 Class A ordinary shares of Sea over May 8 and May 11, 2026, at prices generally in the low-to-high $80s per share.
The sales were executed by a BVI entity controlled by the reporting person under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025. After these transactions, the filing shows 9,075,774 shares held directly and 210,400 shares held indirectly through the BVI entity.
Sea Ltd COO Ye Gang, through a BVI entity, executed open-market sales of 20,000 Class A ordinary shares of Sea Ltd over May 6–7, 2026. The trades were carried out under a Rule 10b5-1 trading plan adopted by the BVI entity.
Sale prices ranged from the mid-$80s to the low-$90s, including transactions at $86.77, $87.84, $88.66, $89.43, $89.57, $90.30 and $91.51 per share. After these sales, the BVI entity held 350,000 shares indirectly, while Ye Gang also held 22,206,405 shares directly.
Sea Ltd chief product officer of Shopee, Chen Jingye, reported small open-market sales of Class A ordinary shares through a BVI entity he controls. The entity sold 1,600 shares on May 6–7 in multiple trades under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025.
Sale prices ranged from about $86.20 to $91.75 per share, with reported weighted average prices for each trade. After these transactions, Chen continued to hold 9,075,774 Class A shares directly as of May 6, indicating that the sales represent a very small fraction of his overall position.
Sea Ltd chief corporate officer and general counsel Wang Yanjun reported that a BVI entity associated with him sold a total of 1,600 Class A ordinary shares of Sea Ltd (SE) in open-market transactions on May 6–7, 2026. Sale prices ranged from about $86.78 to $91.44, with trades reported at weighted average prices within narrower bands. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted by the BVI entity on September 4, 2025. After these transactions, indirect holdings through the BVI entity were 19,600 shares, and a separate direct position totaled 1,212,442 shares as of May 6, 2026.
A BVI entity controlled by Sea Ltd executive Chen Jingye completed open-market sales of 1,600 Class A ordinary shares under a pre-arranged Rule 10b5-1 trading plan. The shares were sold on May 4–5, 2026 at weighted average prices in the mid‑$80 range.
Following these transactions, Chen continues to hold 9,075,774 Class A ordinary shares directly, indicating that the sales represent a small portion of his overall position.