Sea Ltd CCO & GC Wang Yanjun Sells 1,600 Shares via 10b5-1 Plan
Sea Ltd
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Filing Summary
# Insider Transaction Alert: Sea Ltd (NYSE: SE)
- **Insider**: Wang Yanjun (CCO and GC)
- **Transaction**: Sale (Open Market via Rule 10b5-1 Plan)
- **Volume**: 1,600 shares
- **Average Price**: ~$76.60
- **Total Value**: $122,554.37
- **Remaining Holdings**: 67,980 indirect shares (and 1,333,642 direct shares)
- **Significance**: Low (Routine, pre-scheduled plan representing <0.12% of total holdings)
Comprehensive Analysis
Transaction Summary
On November 2 and November 3, 2026, Wang Yanjun, Chief Corporate Officer and General Counsel of Sea Ltd (NYSE: SE), executed sales totaling 1,600 Class A ordinary shares through an indirect holding entity (a British Virgin Islands entity controlled by the reporting person). The transactions were conducted under a pre-established Rule 10b5-1 trading plan adopted on March 26, 2026.
Transaction Details
- Dates of Execution: November 2, 2026 & November 3, 2026
- Total Shares Sold: 1,600 Class A ordinary shares across 5 tranches:
- 243 shares at a weighted average price of $75.84
- 185 shares at a weighted average price of $76.81
- 372 shares at a weighted average price of $77.39
- 376 shares at a weighted average price of $76.18
- 424 shares at a weighted average price of $76.61
- Blended Execution Price: ~$76.60 per share
- Gross Proceeds: $122,554.37
- Ownership Structure: Indirectly held through a BVI entity
Post-Transaction Holdings
Following these transactions, the reporting person maintains substantial equity exposure in Sea Ltd:
- Indirect Holdings (BVI entity): 67,980 Class A ordinary shares
- Direct Holdings: 1,333,642 Class A ordinary shares
- Combined Total Holdings: 1,401,622 shares
Market and Governance Impact
- Trading Significance: Low
- The sale represents approximately 0.11% of the insider's combined direct and indirect equity position.
- The sales were executed under an affirmative defense Rule 10b5-1 plan adopted more than seven months prior, mitigating concerns regarding discretionary trading based on material non-public information.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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