Sea Ltd ($SE) CCO & General Counsel Executes Rule 10b5-1 Share Sale
Sea Ltd
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Filing Summary
Insider Sale: Sea Ltd ($SE) Insider: Wang Yanjun (CCO and GC) Transaction: Sold 2,520 Class A Ordinary Shares at an average price of ~$108.45 Total Value: $273,306 Date: September 9–10, 2026 Trading Plan: Rule 10b5-1 (adopted March 26, 2026) Post-Transaction Holdings: 7,080 indirect shares (and 1,132,842 direct shares)
Comprehensive Analysis
Insider Transaction Summary
- Reporting Insider: Wang Yanjun, Chief Corporate Officer and General Counsel
- Company: Sea Ltd ($SE)
- Transaction Dates: September 9, 2026 – September 10, 2026
- Filing Date: September 11, 2026
Details of the Transactions
Wang Yanjun disposed of a total of 2,520 Class A ordinary shares held indirectly through a BVI entity across multiple transactions on September 9 and September 10, 2026, generating total proceeds of $273,305.85 at a weighted average price of approximately $108.45 per share.
- September 9, 2026:
- 795 shares sold at weighted average price of $108.41 ($107.88–$108.87)
- 405 shares sold at weighted average price of $109.23 ($108.88–$109.76)
- 84 shares sold at weighted average price of $110.56 ($110.11–$110.78)
- 36 shares sold at weighted average price of $111.36 ($110.99–$111.83)
- September 10, 2026:
- 945 shares sold at weighted average price of $107.85 ($107.31–$108.30)
- 255 shares sold at weighted average price of $108.50 ($108.32–$108.71)
Rule 10b5-1 Trading Plan
All sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by a BVI entity controlled by the insider on March 26, 2026.
Post-Transaction Holdings
- Indirect Ownership (via BVI entity): 7,080 Class A ordinary shares
- Direct Ownership: 1,132,842 Class A ordinary shares
Significance Assessment
The trading significance is rated as Low due to the modest size of the sale ($273K) relative to the insider's direct equity position of over 1.13 million shares, as well as the execution under a pre-established Rule 10b5-1 plan.
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Important Disclaimer
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