Sea Ltd CCO & GC Yanjun Wang Sells $338K in Class A Shares Under 10b5-1 Plan
Sea Ltd
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Filing Summary
Insider Sale Alert: Sea Ltd ($SE)
Insider: Wang Yanjun (CCO and GC)
Transaction: Sold 3,000 Class A ordinary shares at a weighted average price of $112.88 ($338.6K total)
Plan: Rule 10b5-1 Plan (adopted March 26, 2026)
Remaining Direct/Indirect Holdings: 1,145,442 shares
Comprehensive Analysis
Executive Summary
On September 4, 2026, Sea Ltd ($SE) filed a Form 4 disclosing that Yanjun Wang, Chief Corporate Officer and General Counsel, executed sales totaling 3,000 Class A ordinary shares across September 2 and September 3, 2026. The sales generated aggregate proceeds of approximately $338,631.23 at a weighted average price of $112.88 per share.
Transaction Details
- Security: Class A ordinary shares
- Dates of Execution: September 2, 2026 – September 3, 2026
- Shares Sold:
- Sept 2: 655 shares @ $112.24
- Sept 2: 845 shares @ $112.67
- Sept 3: 132 shares @ $112.07
- Sept 3: 828 shares @ $113.08
- Sept 3: 540 shares @ $113.86
- Ownership Form: Indirect (held through a BVI entity controlled by the reporting person)
- Rule 10b5-1 Adoption: The trades were executed under a pre-established Rule 10b5-1 plan adopted on March 26, 2026.
Holdings Context
Following these transactions, the insider indirectly retains 12,600 Class A shares via the BVI entity and holds 1,132,842 Class A shares directly. The 3,000 shares sold represent less than 0.3% of the insider's total beneficial ownership, indicating minimal overall portfolio change.
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