Sea Ltd CCO & GC Disposes of 2,400 Shares Under Rule 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 2,400 Class A ordinary shares across multiple tranches Average Price: $101.44 per share Total Value: $243,459.75 Ownership After: 98,780 shares indirectly (via BVI entity), 1,033,642 shares directly Note: Executed under a pre-established Rule 10b5-1 trading plan adopted March 26, 2026.
Comprehensive Analysis
Insider Transaction Summary
Sea Ltd ($SE) Chief Corporate Officer and General Counsel Yanjun Wang reported the sale of 2,400 Class A ordinary shares on September 17 and September 18, 2026, for total proceeds of approximately $243,460 at a volume-weighted average price of $101.44 per share.
Transaction Breakdown
- September 17, 2026:
- 767 shares at a weighted average price of $101.20 (range: $100.63–$101.62)
- 379 shares at a weighted average price of $101.95 (range: $101.63–$102.62)
- 30 shares at a weighted average price of $102.81 (range: $102.64–$102.91)
- 24 shares at a price of $104.76
- September 18, 2026:
- 332 shares at a weighted average price of $100.29 (range: $99.58–$100.55)
- 162 shares at a weighted average price of $101.10 (range: $100.60–$101.57)
- 706 shares at a weighted average price of $101.88 (range: $101.58–$102.50)
Context and Significance
- Trading Significance: Low. The shares disposed of represent a negligible portion (<0.3%) of the insider's combined direct and indirect holdings of over 1.13 million shares (1,033,642 direct and 98,780 indirect).
- Rule 10b5-1 Plan: The sales were executed automatically pursuant to a Rule 10b5-1 trading plan adopted on March 26, 2026, by a BVI entity controlled by the reporting person.
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