Sea Ltd COO Ye Gang Sells $4.34M in Shares via Rule 10b5-1 Plan

Insider Transaction Summary: Sea Ltd ($SE)

Overview: On September 9 and September 10, 2026, Ye Gang, Chief Operating Officer and Director of Sea Ltd, executed sales totaling 40,000 Class A ordinary shares across multiple tranches for aggregate gross proceeds of approximately $4.34 million.

Detailed Breakdown

• 2026-09-09: Sold 20,000 shares across four price bands ranging from $108.41 to $111.39 per share.
• 2026-09-10: Sold 20,000 shares across two price bands ranging from $107.92 to $108.54 per share.
• Weighted Average Sale Price: ~$108.45 per share.
• Mechanism: The sales were conducted under a pre-established Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on September 4, 2025.

Post-Transaction Holdings

• Indirect Holdings (BVI entity): 718,792 shares
• Direct Holdings: 20,396,405 shares
• Total Beneficial Ownership: 21,115,197 Class A ordinary shares

Key Takeaway

The transactions represent a small fraction (~0.19%) of Ye Gang's total direct and indirect equity stake in Sea Ltd and were executed pursuant to a pre-scheduled Rule 10b5-1 plan, indicating routine portfolio diversification rather than discretionary market timing.