Sea Ltd CCO & GC Disposes 3,000 Class A Shares Under Rule 10b5-1 Plan
Sea Ltd
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Filing Summary
Insider Sale Notification - Sea Ltd ($SE) Insider: Wang Yanjun (CCO and GC) Transaction Date: August 31, 2026 – September 1, 2026 Shares Sold: 3,000 shares Average Price: ~$113.44 Total Transaction Value: $340,315.91 Shares Retained: 1,148,442 shares (1,132,842 direct, 15,600 indirect) Filing Type: Form 4 Rule 10b5-1 Plan: Yes (Adopted March 26, 2026)
Comprehensive Analysis
Executive Summary
On September 2, 2026, Wang Yanjun, Chief Corporate Officer and General Counsel of Sea Ltd ($SE), reported open-market sales of 3,000 Class A ordinary shares executed across August 31, 2026, and September 1, 2026. The aggregated transactions generated approximately $340,315.91 at a weighted average price of $113.44 per share.
Transaction Breakdown
The transactions were conducted indirectly through a British Virgin Islands (BVI) entity controlled by the reporting person:
- August 31, 2026: Sold 1,500 shares across multiple tranches at prices ranging from $112.35 to $117.77.
- September 1, 2026: Sold 1,500 shares across multiple tranches at prices ranging from $111.10 to $114.73.
Plan and Ownership Structure
- Rule 10b5-1 Plan: All sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 26, 2026.
- Post-Transaction Holdings: Following these sales, Wang Yanjun retains 15,600 Class A ordinary shares indirectly via the BVI entity and 1,132,842 Class A ordinary shares held directly, totaling 1,148,442 shares.
Significance
The trading significance is assessed as Low given the small percentage of holdings transacted (<0.3% of total beneficial ownership) and the routine execution under a Rule 10b5-1 plan.
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