Shopee CPO Chen Jingye Exercises Options to Acquire 150,000 Class A Shares of Sea Ltd ($SE)

Insider Transaction Overview

On October 5, 2026, Chen Jingye, Chief Product Officer of Shopee at Sea Ltd ($SE), executed a derivative transaction reported on Form 4 on October 7, 2026.

Key Details:

• Security: Class A ordinary shares
• Transaction Code: X (Exercise of derivative security)
• Shares Acquired: 150,000 shares
• Exercise Price: $15.00 per share
• Total Exercise Cost: $2,250,000
• Post-Transaction Holdings: 9,276,574 Class A ordinary shares held directly
• Derivative Context: The exercised options originated from a February 28, 2018 grant that was fully exercisable and carried an expiration date of February 28, 2028. Following this exercise, Chen Jingye retains 850,000 options under this derivative line.

Market Impact & Significance

This transaction reflects a standard option exercise where the insider retained the underlying shares rather than executing an open-market sale. Because it represents the routine exercise of vested equity compensation with no concurrent liquidation reported, the trading significance is evaluated as Low.